Depot medroxyprogesterone acetate injection is a contraceptive injection. It is similar to the hormone called progesterone, which is produced in the body by the ovaries. The contraceptive injection mainly works by stopping the ovaries from releasing an egg (ovulation). The contraceptive injections are much more effective than oral one. Their effectiveness ranges from 94% to 99%. These injections are taken after every twelve week time period. However, lack of resources such as trained nurses or healthcare professionals and infrastructure to administer injectable contraceptives in several developing and underdeveloped countries may hinder the growth of the market over forecast period. Also, availability of alternative contraceptive methods such as condoms, IUCDs, oral contraceptives may also restrain the market growth.
Notable Market Developments
The Pfizer Inc., collaborated with the Bill & Melinda Gates Foundation, and the Children’s Investment Fund Foundation (CIFF) to broaden the access to Pfizer’s all-in-one injectable contraceptive “Sayana Press” which will be available to qualified purchasers at a guaranteed price of US $0.85 per dose, to help the females in poor countries.