Market Size of Italy Contraceptive Devices Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 421.61 Million |
Market Size (2029) | USD 570.35 Million |
CAGR (2024 - 2029) | 6.23 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Italy Contraceptive Devices Market Analysis
The Italy Contraceptive Devices Market size is estimated at USD 421.61 million in 2024, and is expected to reach USD 570.35 million by 2029, growing at a CAGR of 6.23% during the forecast period (2024-2029).
The protective treatments or mitigation strategies for COVID-19 influence non-emergency medical care, including STI care. Before the COVID-19 pandemic, STI occurrence was rising. The fact that illnesses like chlamydia, syphilis, and gonorrhea are asymptomatic and may have been overlooked because of this raises serious concerns. Certain factors are driving the market growth, including the increasing awareness about sexually transmitted diseases (STDs) and the rising rate of unintended pregnancies. As per an article published by Journal Plos in May 2022, to contain the pandemic, the Italian government enforced a COVID-19 lockdown that resulted in considerable limitations on population movement and social interactions from March 11 to April 26, 2020. The quarantine compelled people to undergo two distinct distortions of social distance. However, quarantine intensified and compelled social intimacy, compelling families and couples to live together continuously for an extended period. Such factors had a significant impact on the market in the country during the pandemic. However, the relaxation of strict regulations during the post-pandemic period boosted the growth of the market.
According to the European Consortium for Emergency Contraception data published in 2022, around 4.7 thousand STIs were recorded in Italy in 2020. According to the report, bacterial and viral infections accounted for about 2.8 thousand and 1.9 thousand of the diagnosed cases of STIs, respectively. The increased use of contraception has improved health-related outcomes, including maternal and infant mortality, and decreased the risk of STIs. In addition, a rise in the number of gynecologists using these contraceptive methods for birth control is anticipated to drive the industry's growth in the coming years. According to the Lancet article published in July 2022, the number of IUDs in terms of contraceptive methods in Italy had grown to 15%. Thus, the increasing usage of contraceptive devices is expected to drive market growth in the country.
Italy Contraceptive Devices Industry Segmentation
Contraceptive devices are barriers that attempt to prevent pregnancy by physically preventing sperm from entering the uterus. Contraception, more commonly known as birth control, include male condoms, female condoms, cervical caps, diaphragms, and contraceptive sponges with spermicide.
The Italian contraceptive devices market is segmented by type (condoms, diaphragms, cervical caps, sponges, vaginal rings, intrauterine devices (IUD), and other types) and by gender (male and female). The report offers the value (in USD million) for the above segments.
By Type | |
Condoms | |
Diaphragms | |
Cervical Caps | |
Sponges | |
Vaginal Rings | |
Intra Uterine Device (IUD) | |
Other Types |
By Gender | |
Male | |
Female |
Italy Contraceptive Devices Market Size Summary
The Italian contraceptive devices market is poised for significant growth over the forecast period, driven by increasing awareness of sexually transmitted diseases and the rising incidence of unintended pregnancies. The market is characterized by a diverse range of contraceptive methods, including condoms, intrauterine devices (IUDs), and vaginal rings, each contributing to improved health outcomes and reduced STI risks. The COVID-19 pandemic initially disrupted market dynamics due to lockdowns and social distancing measures, but the subsequent relaxation of these regulations has spurred market expansion. Government initiatives and awareness campaigns are further bolstering the demand for contraceptive devices, particularly condoms, as they play a crucial role in preventing STIs and unintended pregnancies.
The market landscape in Italy is competitive and fragmented, with several key players such as Reckitt Benckiser, Cooper Surgical Inc., Abbvie Inc. (Allergan PLC), Merck & Co. Inc., and Bayer AG actively participating. The introduction of new products, like Mithra's vaginal contraceptive ring Myring, underscores the ongoing innovation and expansion within the market. The high rates of surgical abortions and the increasing number of product launches are expected to drive the demand for contraceptive devices, particularly vaginal rings, as they offer effective solutions for preventing unwanted pregnancies. Overall, the Italian contraceptive devices market is set to experience robust growth, supported by a combination of consumer awareness, government support, and continuous product development.
Italy Contraceptive Devices Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Awareness about Sexually Transmitted Diseases (STDs)
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1.2.2 Rising Rate of Unintended Pregnancies
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1.3 Market Restraints
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1.3.1 Side Effects Associated With the Use of Contraceptive Devices
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1.4 Porter's Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Type
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2.1.1 Condoms
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2.1.2 Diaphragms
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2.1.3 Cervical Caps
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2.1.4 Sponges
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2.1.5 Vaginal Rings
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2.1.6 Intra Uterine Device (IUD)
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2.1.7 Other Types
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2.2 By Gender
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2.2.1 Male
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2.2.2 Female
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Italy Contraceptive Devices Market Size FAQs
How big is the Italy Contraceptive Devices Market?
The Italy Contraceptive Devices Market size is expected to reach USD 421.61 million in 2024 and grow at a CAGR of 6.23% to reach USD 570.35 million by 2029.
What is the current Italy Contraceptive Devices Market size?
In 2024, the Italy Contraceptive Devices Market size is expected to reach USD 421.61 million.