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Intrauterine Devices Market Growth, Size, Share, Industry Report and Forecast 2019-2025
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The factors that fuel the growth of the intrauterine devices market that includes innovation in technology that results in effective contraception and fewer side effects and initiatives taken by the government and private firms for the prevention of unwanted abortions and pregnancies. Moreover, unintended pregnancies are also one of the major factors that drive the growth of the industry over the forecast period. The incorrect use of contraceptive methods can result in unintended pregnancy. The percentage of unintended pregnancies is largest in teens younger followed by women in the age group of 20-24 years. The two types of IUD devices include hormone-releasing IUDs that are effective from 3 years or 5 years depending on the type and copper-bearing IUDs that are effective for 10-12 years.
A full Report of Intrauterine Devices Market is Available at: https://www.omrglobal.com/industry-reports/intrauterine-devices-market
According to the World Health Organization (WHO), every year around 87 million pregnancies occur unintentionally. These unintentional pregnancies are contributing to an increase in the demand for contraceptive devices. As per the Office of Disease Prevention and Health Promotion (ODPHP), more than half of pregnancies are unplanned in the US; around 51% of the 6.6 million pregnancies are unintended. However, the awareness of contraception has contributed to both the reduction in unplanned pregnancies and the growth of contraception. Family planning efforts that include growing access to intrauterine contraceptive devices enable decrease unintended pregnancies. The use of intrauterine devices is rising year on year as women find this device a more safe, convenient and effective form of contraception. Thus, due to this is anticipated to drive by the rising unintended pregnancies across the globe.
• North America held the largest market share.
• Product launch is a key focus of major market players to remain competitive in the market.
• Technological advancement is contributing to the growth of the intrauterine devices market.
Global Intrauterine Devices Market- Segmentation
By Type
• Hormonal Devices
• Copper Devices
By vertical
• Hospitals
• Community Healthcare Centers
• Gynecology Clinics
• Others
Global Intrauterine Devices Market – Segment by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Allergan PLC
• Bayer AG
• CooperSurgical, Inc.
• DKT International
• Egemen International
• HLL Lifecare, Ltd.
• Krishco Medical Products Pvt. Ltd.
• Medicines360
• Medisafe Distribution, Inc.
• Merck & Co.
• Meril Life Sciences Pvt. Ltd.
• Mona Lisa N.V.
• Ocon Medical, Ltd.
• Pregna International, Ltd
• Prosan International B.V.
• SMB Corporation of India
• Zhejiang Daji Medical Instruments Co., Ltd.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/intrauterine-devices-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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