Press release
Intrauterine Devices Market Analysis-Industry Specific Opportunities and Trends Affecting the Growth
Read more about Intrauterine Devices Market here: https://www.globalinsightservices.com/reports/intrauterine-devices-market/
Intrauterine devices (IUDs) are small, T-shaped devices that are inserted into the uterus to prevent pregnancy. IUDs are one of the most effective methods of birth control, with a failure rate of less than 1%. IUDs work by preventing fertilization of the egg by the sperm. They also prevent the implantation of a fertilized egg in the lining of the uterus. IUDs do not affect the ovaries or the production of eggs.
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Key Trends
There are a few key trends in intrauterine devices (IUDs) technology. One is the development of new types of IUDs that are made from different materials, such as copper or plastic.
Another trend is the development of new methods for insertion and removal of IUDs. Additionally, there is a trend towards developing IUDs that can be used for a longer period of time, such as 5 years or more.
Key Drivers
The key drivers of the Intrauterine Devices market are the rising incidence of unintended pregnancies and the growing awareness about the effectiveness of intrauterine devices in preventing pregnancy. The other drivers include the favorable reimbursement scenario and the availability of new and improved products.
The rising incidence of unintended pregnancies is one of the major drivers of the Intrauterine Devices market. According to the National Campaign to Prevent Teen and Unplanned Pregnancy, in the United States, about 50% of all pregnancies are unintended.
The number of unintended pregnancies is highest among young women aged 18-24 years. The other drivers of the Intrauterine Devices market include the growing awareness about the effectiveness of intrauterine devices in preventing pregnancy. The other drivers include the favorable reimbursement scenario and the availability of new and improved products.
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Market Segments
By Type
-Copper
-Hormonal
By End-User
-Hospitals
-Clinics
-Community Healthcare Centers
-Others
By Age Group
-15-24
-25-34
-35-44
-Above 44
Key Players
The Intrauterine Devices Market includes players such as DKT International, Bayer AG, Mona Lisa N.V., Allergan ,Pregna International Limited, Prosan International BV ,CooperSurgical Inc, Abviee Inc, Eurogine, S.L. and Viatris Inc.
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