About Intrauterine Contraceptive
An intrauterine contraceptive device (IUD) is a tiny device that's put into uterus to prevent pregnancy. This is a long-term, reversible, and one of the most effective birth control methods. It is a minor piece of flexible plastic shaped like a T. Although these device provide protection for many years, they can be removed earlier. It is a quick process, in which a doctor gently pulls on the string, and the IUD's arms fold up so it slips out. However, the lack of social acceptance regarding contraceptive and adverse effects associated with use of intrauterine contraceptive devices are the factors hampering the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global Intrauterine Contraceptive market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Allergan PLC (Ireland), Bayer AG (Germany), CooperSurgical Inc. (United States), Egemen International (Turkey), Mona Lisa N.V. (Belgium), Pregna International Limited (India), Mylan (United States), Prosan International BV (Netherlands), SMB Corporation of India (India), Medisafe Distribution Inc (Canada) and Eurogine (Spain) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Intrauterine Contraceptive market by Type (Hormonal Intrauterine Device and Copper Intrauterine Device) and Region.
On the basis of geography, the market of Intrauterine Contraceptive has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Age Group, the sub-segment i.e. Age 15-24 will boost the Intrauterine Contraceptive market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Hospitals will boost the Intrauterine Contraceptive market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Contraceptive Methods
Market Growth Drivers:
Rise In Government and NGO Initiatives to Promote Intrauterine Contraceptive Devices and Rising Need for Preventing Unwanted Pregnancy
Challenges:
Adverse Effects Associated With Use of Intrauterine Contraceptive Devices
Restraints:
Lack of Social Acceptance Regarding Contraceptive
Opportunities:
Increasing Awareness about Contraceptives across the Globe and Rise in Disposable Income and Demand for Healthy Life in Developing Countries
Market Leaders and their expansionary development strategies
On July 29, 2019 - HERTFORDSHIRE, England & PITTSBURGH & Mylan N.V. and Pfizer Inc. has announced a definitive agreement to combine Mylan with Upjohn, Pfizer’s off-patent branded and generic established medicines business, creating a new global pharmaceutical company.
In July 2023, the U.S. Food and Drug Administration approved Opill (norgestrel) tablet for nonprescription use to prevent pregnancy— the first daily oral contraceptive approved for use in the U.S. without a prescription. Approval of this progestin-only oral contraceptive pill provides an option for consumers to purchase oral contraceptive medicine without a prescription at drug stores, convenience stores and grocery stores, as well as online.
Key Target Audience
Manufacturers of Intrauterine Contraceptive Device, Suppliers of Raw Materials, Distributors, and Retailers of Intrauterine Contraceptive Device, Healthcare Industry, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.