Intrauterine Contraceptive Devices (IUD) Market Research, Key Players, Growth Opportunities, Outlook and Forecasts by 2025
Overview of Intrauterine Contraceptive Devices (IUD) Market :
The global intrauterine contraceptive devices market is expected to register a CAGR of 10% during the forecast period of 2018-2023. IUDs are small contraceptive devices, often T-shaped, containing either copper or levonorgestrel, which are inserted into the uterus. They are a form of long-acting contraception and are the most effective type of reversible birth control.
There are two types of IUDs: medicated (hormone releasing) or unmedicated (inert). The inert IUDs include copper-containing devices in a range of shapes and sizes and a non-medicated polyethylene device. The hormone releasing IUDs either release progesterone or levonorgestrel.
The main advantage of copper IUD is that it provides emergency contraception up to five days after unprotected sex. Currently, it is the most effective form of emergency contraception available. It prevents fertilization or implantation, but does not affect already implanted embryos. It does not contain any hormones and can therefore be used while breastfeeding. Additionally, fertility is regained quickly after the removal of IUD. Copper IUDs are also available in a wider range of sizes and shapes than hormonal IUDs.
The basic mechanism of action of hormonal IUDs is the thickening of cervical mucus, making it impenetrable to sperm. They also prevent ovulation in some users, reduce the ability of sperm to enter the ovum, and thin the endometrial lining. They help reduce or even prevent menstrual bleeding, and can be used to treat menorrhagia (heavy menses), once the pathologic causes of menorrhagia (such as uterine polyps) have been ruled out. These advancements in technology of IUDs are expected to drive the growth of the global IUD market.
Other factors, such as the increasing rate of unintended pregnancies, supportive government initiatives and private firms to prevent unwanted abortions and pregnancies, and effective contraception and less side effects of IUCD are boosting the growth of the market.
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High Cost of Treatment
The IUD choice of method may not be opted often because of cost, which is a major constraint to the market’s growth. Mirena IUD costs approximately USD 400, whereas, Jaydess and copper IUDs cost about USD 325 and USD 80 respectively. Unless covered by insurance, these devices can seem expensive to the majority of the female population. The cost of IUD reflects the payment incurred on research and development, clinical trials, and FDA, by the manufacturers. The other reason for the high cost is the relative length of efficacy of IUDs. As they last for years, such products tend to cost more. However, they cause an economic burden on the women with relatively low or no income. Taking other factors into consideration, an IUD could cost a user as much as USD 1,000, if not covered by a health insurance plan. Some insurance companies are illegally denying coverage of expensive contraceptives like IUD, making it difficult for patients to acquire this safe, effective health-care product. The other factors, such as stringent regulatory and reimbursement policies and threat of causing pelvic inflammatory infection (PID) are hindering the market’s growth.
Asia-Pacific to Record a Robust CAGR
Due to the increasing unplanned pregnancy and adoption of these devices in the Region, Asia-Pacific is expected to register a robust CAGR over the forecast period. Moreover, supportive government initiatives and policies focused on improved healthcare in Asian countries are also supporting the growth of the market. Currently, North America accounts for the largest share, followed by Europe.
Intrauterine Contraceptive Devices (IUD) market report provides the comprehensive analysis of the market, based on leading players of present, past of Intrauterine Contraceptive Devices (IUD) Industry and resourceful data that will act as a supportive guide for leading players.
Major Key Players of Intrauterine Contraceptive Devices (IUD) Market Report: Agile Therapeutics, ANI Pharmaceuticals Inc., Johnson & Johnson Ltd, Bayer Healthcare, Fuji Latex Co. Ltd, Mylan Laboratories, Merck & Co., Okamato Industries Inc., Pfizer, Reckitt Benckiser Group PLC.
Key Issues Addressed in this Report:
Competitive Landscape and Strategic Recommendations
The market forecast and growth areas for Intrauterine Contraceptive Devices (IUD) Market
Evolving market trends and dynamics
Changing supply and demand scenarios
Changing Market Trends and Emerging Opportunities
Historical shipment and revenue
Analysis key applications
Main Players market share
Reasons to Purchase this Report
Current and future global intrauterine contraceptive devices (IUD) market outlook in the developed and emerging markets.
Analyzing various perspectives of the market, with the help of Porter’s five forces analysis.
The segment that is expected to dominate the market.
The regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
3 months analyst support along with the Market Estimate sheet (in excel).
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In a word, the Intrauterine Contraceptive Devices (IUD) Market report provides major statistics on the state of the Intrauterine Contraceptive Devices (IUD) industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
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IUCD Market – Highlight: 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. Get Premium Sample copy @ https://www.marketresearchfuture.com/sample_request/1306 . China, ICUD was the
Intrauterine Contraceptive Devices (IUD) Market | Size | Analysis
Intrauterine devices (IUDs) are contraceptive medical implants used to avoid pregnancies for a long time period. IUD’S are also known as long-acting reversible contraceptive devices. An IUD is a T-shaped device which is made of flexible plastic along with a copper wire wrapped around its stem and is a reliable and safe method of sterilization for women. It is injected into the uterus, and their primary aim is to inhibit