Intrauterine Devices Market Size Worth US$ 5.58 billion by 2030 - Growth Plus Reports

| Source: Growth Plus Reports Growth Plus Reports

Newark, New Castle, USA, Feb. 22, 2023 (GLOBE NEWSWIRE) -- According to the latest report published by Growth Plus Reports, the Global Intrauterine Devices Market is expected to clock US$ 5.58 billion by 2030 and to grow at a CAGR of 6.37% during the forecast period.  This exclusive information is published by Growth Plus Reports in its report titled “Intrauterine Devices Market – Global Outlook & Forecast 2022-2030”

The global intrauterine devices market has been analysed from four different perspectives – Product, Age, End User, and Region

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Excerpts from ‘By Product Segmentation

The two primary categories of IUDs are:

  • Copper IUDs
  • Hormonal IUDs

To prevent pregnancy, hormonal IUDs produce a little quantity of progestin, which thickens cervical mucus and thins the lining of the uterus. Because copper ions are harmful to sperm and can obstruct conception, copper IUDs function by discharging them into the uterus. IUDs are long-lasting and reversible, making it easy for a medical expert to take them out when a user wants to become pregnant. IUDs that release progesterone, like Mirena and Skyla, can delay pregnancy for three to five years. With copper IUDs like Paragard, which don't make hormones, pregnancy can be prevented for up to 10 years. Both products work by creating an unfavourable environment for sperm to prevent pregnancy.

Excerpts from ‘By Age Segmentation’

The intrauterine devices market based on age are segmented into:

  • 15-24 years
  • 20-30 years
  • Equal or more than 40 Years

IUDs are an extremely effective and long-lasting method of birth control that is rising in popularity among young women between ages 15 to 24. They are useful for women who might not be ready for long-term birth control methods like sterilization or injections of contraceptives. IUDs are a popular choice for women in their 20s and 30s because they are highly effective, long-lasting, and don't require daily monitoring as the contraceptive pill does. As a result, these women prefer them.

Since IUDs can successfully prevent pregnancies for women who have had the children they want or do not want anymore, they are also used by women in their 40s and older.

Excerpts from ‘By End User Segmentation

The intrauterine devices market based on end user are segmented into:

  • Hospitals
  • Clinics
  • Others

In the intrauterine device (IUD) industry, the primary categories include medical professionals and general customers. IUDs can be prescribed and implanted for individuals by a variety of healthcare professionals, including hospitals, clinics, and gynaecologists.

Excerpts from ‘By Region Segmentation’

The IUD market is mainly divided into:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Due to the existence of numerous major companies, the high knowledge and acceptance of IUDs, and the advantageous reimbursement policies in these regions, North America and Europe are anticipated to have the greatest share of the market. The Asia Pacific region is anticipated to expand significantly, nevertheless, as a result of expanding family planning awareness, population growth, and government programs to encourage the use of IUDs.

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Excerpts from ‘Competitive landscape’

The regional expansion, product introductions, and approval of those products, as well as their improvement in already-existing technology, are all influenced by certain rival competitors. These players develop product strategies, work with other businesses to meet aesthetic requirements, and control their market shares for intrauterine devices. This accelerates the market for intrauterine devices growth and gives other businesses additional alternatives. The key companies operating the global intrauterine devices market are:

  • Abbvie Inc (Allergan Plc)
  • Bayer AG
  • CooperSurgical Inc.
  • DKT International
  • EUROGINE, S.L.
  • Mona Lisa NV
  • Pregna International Limited
  • Prosan International BV
  • SMB Corporation of India
  • Melba AG
  • Ocon Medical Ltd.

Table of Content

  1. INTRODUCTION
    1. Market Ecosystem
    2. Timeline Under Consideration
      1. Historical Years – 2020
      2. Base Year – 2021
      3. Forecasted Years – 2022 to 2030
    3. Currency Used in the Report
  2. RESEARCH METHODOLOGY 
    1. Research Approach
    2. Data Collection Methodology
    3. Data Sources
      1. Secondary Sources 
      2. Primary Sources 
    4. Market Estimation Approach
      1. Bottom Up
      2. Top Down 
    5. Market Forecasting Model
    6. Limitations and Assumptions
  3. PREMIUM INSIGHTS
    1. Current Market Trends (COVID-19 Perspective)
    2. Key Players & Competitive Positioning (2021) 
  4. MARKET DYNAMICS
    1. Drivers
    2. Restraints/Challenges
    3. Opportunities
  5. GLOBAL INTRAUTERINE DEVICES MARKET - ANALYSIS & FORECAST, BY PRODUCT
    1. Hormonal IUDs
    2. Copper IUDs
  6. GLOBAL INTRAUTERINE DEVICES MARKET - ANALYSIS & FORECAST, BY AGE
    1. 15-24 Years
    2. 20-30 Years
    3. Equal or more than 40 years

TOC Continued….

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  • Winning imperatives
  • Exhaustive coverage on 'Strategic Developments' registered by leading players of the market

CUSTOMIZATION OPTIONS:

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  • Pricing Intelligence
  • Customer Base Assessment
  • Investment & Initiatives Analysis
  • 'Business Profile' of Key Players

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