Press release
U.S. Intrauterine Devices Market Comprehensive Growth Analysis of Bayer AG and Teva Pharmaceutical
Increase in number of women in U.S. opting for planned delayed pregnancy will result in high intrauterine device usage, fueling the IUD market growth. According to the Pew Research Center, the mothers in the U.S. are estimated to be older than 35 years of age. Number of women delay marriage and pregnancy to seek higher education and establish their careers. Also, recent technological advancements in fertility technology prompts women to use reversible contraceptive methods such as intrauterine device, impacting the business growth.
Variability in insurance coverage and access will be one of the major market restraining factors. The women with no insurance coverage or with private insurance face high upfront costs that can exceed up to more than thousand dollars. Hence, variability in insurance coverage will decline the number of users impeding the market growth.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1251695/?utm_source=OPEN&utm_medium=DC
The number of unintended pregnancies in United States is high but is falling gradually since the last few years. The main reason for the decline in number of unintended pregnancies is considerate rise in number of women opting for long-acting contraceptive methods such as intrauterine devices. This rise will ultimately result in increasing demand and adoption rate of intrauterine device augmenting the industry growth.
Hormonal intrauterine device are estimated to show substantial growth at a CAGR of 8.2% over the forecast timeframe. Hormonal IUDs provide effective protection against unwanted pregnancy and pose very less risk to the user. The increase in inclination of women in the country towards hormonal contraception will boost the U.S. intrauterine device market growth over the future.
Women IUD users in the age group 20 to 24 accounted for USD 209.7 million revenue in the year 2017. High number of teenage pregnancies among the women aged 20 to 24 along with rise in awareness regarding safe and effective contraceptive methods by the medical professionals will increase the product adoption rate thereby, augmenting the intrauterine device market growth in the country.
Sales of intrauterine device in Pacific Central zone is estimated to grow at a CAGR of 7.6% during the foreseeable future. Honolulu Health Center in Hawaii offers education on birth control and usage of contraceptive methods to the teenage girls in order to prevent teenage pregnancies. The rise in awareness will increase the number of women opting for effective reversible contraceptive such as intrauterine devices.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1251695/?utm_source=OPEN&utm_medium=DC
East North Central zone accounted for USD 177.2 million sales of intrauterine device in the year 2017. High teenage pregnancies in the region will favor the adoption of IUD among the women aged 15 to 19 years of age. As per the reports published by Centers for Disease Control and Prevention (CDC), the teen birth rate in Iowa state in 2014 was around 20 per 1000 women. Also, activities such as Medicaid Family Planning Waiver/State Plan Amendment in the region will foster the growth of intrauterine device market.
The notable industry players are Bayer AG and Teva Pharmaceutical. Industry players are focusing on strengthening their research and development activities by launching technologically improved and enhanced intrauterine device along with adopting strategies such as partnership, strategic collaboration, acquisition and merger to enhance their business.
Complete report for 2018-2024 on U.S. Intrauterine Devices market is now available at https://www.marketstudyreport.com/reports/u-s-intrauterine-devices-market
Related Report
Global Microsurgery Robot Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2024
This Global Microsurgery Robot Market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.
https://www.marketstudyreport.com/reports/microsurgery-robot-market/?utm_source=RR&utm_medium=DC
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email:sales@marketstudyreport.com
Website:https://www.marketstudyreport.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release U.S. Intrauterine Devices Market Comprehensive Growth Analysis of Bayer AG and Teva Pharmaceutical here
News-ID: 1417103 • Views: …
More Releases from marketstudyreport.com
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders.
Load Bank Market Size was estimated…
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of…
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028.
The operation is done to stop ligament tears and…
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report.
Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting…
More Releases for Intrauterine
Primary Catalyst Driving Intrauterine Devices Market Evolution in 2025: Rising U …
What combination of drivers is leading to accelerated growth in the intrauterine devices market?
The surge in unplanned pregnancies is predicted to boost the intrauterine devices market's growth. Unplanned pregnancies refer to either unwanted or unplanned pregnancies, such as situations where no more children are wished for. Intrauterine devices (IUDs) are highly effective in birth control, as they alter the environment of the uterus, making it inappropriate for sperm to fertilize…
Primary Catalyst Driving Intrauterine Devices Market Evolution in 2025: Rising U …
What combination of drivers is leading to accelerated growth in the intrauterine devices market?
The surge in unplanned pregnancies is predicted to boost the intrauterine devices market's growth. Unplanned pregnancies refer to either unwanted or unplanned pregnancies, such as situations where no more children are wished for. Intrauterine devices (IUDs) are highly effective in birth control, as they alter the environment of the uterus, making it inappropriate for sperm to fertilize…
What's Driving the Intrauterine Devices Market 2025-2034: Rising Unplanned Pregn …
What Are the Projections for the Size and Growth Rate of the Intrauterine Devices Market?
The intrauterine devices market will grow from $3.96 billion in 2024 to $4.17 billion in 2025, with a CAGR of 5.3%. The growth is driven by family planning initiatives, women's empowerment, long-acting reversible contraception (LARC), high contraceptive efficacy, cost-effectiveness, and healthcare professional advocacy.
The Intrauterine Devices market will reach $4.94 billion by 2029 at a CAGR of…
Global Intrauterine Devices Market Research Report 2023-2029
An intrauterine device (IUD) is a small contraceptive device that is put into the uterus (womb) to prevent pregnancy. The 2 types available in Australia are the copper IUD and the hormonal IUD (MirenaTM). The copper IUD is designed to stay in place for up to 10 years and the hormonal IUD (Mirena) for 5 years. Both can easily be removed sooner, if needed.
Intrauterine Devices report published by QYResearch reveals…
Intrauterine Insemination Devices Market - Embrace the Journey, Embrace Success: …
Newark, New Castle, USA - new report, titled Intrauterine Insemination Devices Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Intrauterine Insemination Devices market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Intrauterine Insemination Devices market. The report offers an overview of…
Intrauterine Devices Market Growing Awareness Regarding Family Planning
According to Precision Business Insights (PBI), the latest report, the intrauterine devices market is expected to be valued at USD 3,476.4 million in 2022 and is poised to grow at a significant CAGR of 4.1% over 2022-2028. The primary driver of the expansion of the global Intrauterine Devices market rises in the occurrence of unintended pregnancies, with favourable government initiatives for spreading awareness regarding family planning, and encouraging the…
