According to the Fertility Society of Australia and New Zealand, every sixth couple has trouble becoming pregnant. Problems with fertility can be brought on by illnesses and other conditions. Overall, female reproductive difficulties account for one-third of infertility cases.
Such factors are expected to boost market growth. Moreover, players in the country are adopting various strategies to expand their market presence and meet consumer demand. For instance, in July 2022, Mayne Pharma Group Limited and Mithra Pharmaceuticals, SA announced the availability of NEXTSTELLIS, an oral contraceptive with a novel estrogen in Australia.
Similarly, in October 2021, Slinda, a contraceptive pill manufactured by Exeltis, became available in Australia. Moreover, favorable initiatives undertaken by government bodies to consume contraceptive pills are expected to drive the market.
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