IUCD Market 2018 Global Size; Approx. CAGR of 8.72% | by type Hormonal IUD, Copper IUD and others – Avail at MRFR
China IUCD market was about is expected to reach US$ 250 billion by 2023 at a CAGR of 12.7% during forecast period 2017 to 2023. IUCD stands for Intra-Uterine Contraceptive Devices. It is a device inserted into the uterus to prevent pregnancy. The device is T-shaped made up of flexible plastic with a coating of thin copper wire.
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China, ICUD was the most important tool to limit the couples to have one child. One child policy of China was introduced in 1979 favored the growth of this market till 2015. But in January 2016, a new law named “Two-child policy” become effective, which was passed by standing committee of National People’s Congress in December 2016. According to census 2010, the population change in is 7.39 per year. The market for IUCD is showing a steady rise in China because most of the women still do not want to have a second child even after the passage of second child policy.
Prominent Players of IUCD Market Players:
Key players in IUCD market are: SMB Corporation Of India, Bayer HealthCare Pharmaceuticals Inc. (US), Mona Lisa (Belgium), Teva Women’s Health, DKT International (US).
SMB Corporation of India manufacturer of intrauterine device, copper T intrauterine device, copper IUDs. Products by the company are are Copper T 380A, TCu 380Ag, TCu 380 Plus and Cu 375. The company also manufactures IUD kits.
Bayer HealthCare Pharmaceuticals manufactures a product cal;led “Skyla” which is a ultra-uterine system. Another Product named Minera IUD is also a product manufacture by the company for controlling pregnancy.
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On the basis of regions market for IUCD in China is segmented into North China, Northeast China, East China, South Central China, Southwest China and Northwest China. East China account for the largest market share. It has the highest population and largest population density. The market in China is showing steady growth due to an increase in the population in all the regions.
The market for IUCD in China is segmented into types which include hormonal IUD, copper IUD and other types. The end users are hospitals, Clinics and others.
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The report for IUCD of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
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