Market Trends of Spain Contraceptive Devices Industry
Condom is Expected to Witness High Growth Over the Forecast Period
Condoms are thin, loose-fitting pouches or sheaths that fit in the genital areas, and they are considered barrier-based contraceptive devices that help in the prevention of sexually transmitted diseases (STDs), such as HIV and herpes. As a barrier method of birth control, condoms can stop the sperm cell from reaching eggs, thus preventing fertilization. Condoms can be used by both males and females. Hence, owing to the advantages offered by condoms, the adoption of these products is likely to increase among the target population, ultimately driving segment growth.
Moreover, according to an article published by BMC in November 2021, a national survey on contraception in Spain was conducted in 2020 among 1800 women between 15 and 49 years of age, and it was reported that condoms are the method most frequently used for contraceptive devices and that they are used by an estimated 31.3% of couples. The article further stated that condoms are a very good method of protection against sexually transmitted infections (STIs). Furthermore, according to the article published by Springer in January 2022, HIV is considered one of the greatest sexual risks for young people, and condom use is the best protective measure to prevent such infections. Hence, the increasing adaptability of condoms and the advantages offered by them in STD prevention are expected to boost the growth of the market.
Due to the above factors, the condom segment is expected to grow a lot over the next few years.
Intra Uterine Device (IUD) Segment is Expected to Have a Significant Share in the Market Over the Forecast Period
An intrauterine device, also known as an intrauterine contraceptive device or coil, is a small, often T-shaped birth control device that is inserted into the uterus to prevent pregnancy. IUDs help protect against pregnancy for 5 or 10 years, depending on the type. When an IUD is implanted, it begins working immediately.Most people with a womb can use it. There are no hormonal side effects, such as acne, headaches, or breast tenderness.
Factors such as increasing adoption of intrauterine devices, increasing awareness about birth control, and rising government initiatives are enhancing the growth of the market. For instance, according to an article published by PubMed in September 2022, a study showed that satisfaction with using levonorgestrel-releasing intrauterine systems (LNG-IUD) is high among Spanish women.
Therefore, due to the aforementioned factors, the intrauterine devices (IUD) segment is expected to experience growth during the forecast period of the study.
