The global hormonal contraceptives market is expanding at a significant rate, owing to increase in awareness, worldwide, about population growth. The global hormonal contraceptives market was valued at US$ 19,500 Mn in 2017 and is estimated to reach more than US$ 30,930.5 Mn by 2026, expanding at a CAGR of over 5% from 2018 to 2026. The global hormonal contraceptives market is witnessing expansion at a relatively significant growth rate owing to increase in technological advancements, high prevalence of obesity, and rise in PCOS across the globe.
Contraceptives can be defined as a drug or device that can prevent pregnancy.

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