About Intrauterine Devices
Intrauterine Devices are generally T-shaped devices that are used for birth control measures. These devices are inserted into the uterus to prevent pregnancy. Intrauterine Devices are one of the greatest satisfactions providing methods birth control measures. Intrauterine Devices reduce pregnancy risks to less than 1%. Since they last between three and ten years, intrauterine devices are one of the most convenient means of birth control. Some of their biggest advantages are they provide convenience, and they are very inexpensive. As the need for family planning increases the demand for Intrauterine Devices increases.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
There are a limited number of players as strict regulations were necessary for the manufacture of Intrauterine Devices. These regulations may act as a barrier to entry into this market. Players in this market have to comply with the regulations of each country or region if they desire to sell their product in that region or the country. As the world population increases drastically; the demand for Intrauterine Devices is also going to increase. 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.
CooperSurgical, Inc. (United States), DKT International (United States), Melbea AG (Hungary), Pregna International Limited (India), Ocon Medical Ltd (Israel), SMB Corporation of India (India), Mona Lisa N.V. (Belgium), Bayer AG (Germany), Erenler Medikal (Turkey) and Gyneas (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Intrauterine Devices market by Type (Hormonal Intrauterine Devices and Non-Hormonal Intrauterine Devices), Application (Hospitals, Community Health Centres, Gynecological Clinics and Others) and Region.
On the basis of geography, the market of Intrauterine Devices 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). North America, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Sales Channel, the sub-segment i.e. Direct will boost the Intrauterine Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Age Group, the sub-segment i.e. Age 20-24 will boost the Intrauterine Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Innovation in Hormonal Intrauterine Devices
Market Growth Drivers:
Need of Family Planning and Demand for Long-Term Birth Control Measures
Challenges:
As Intrauterine Devices Are Long Term Measures, Repeated Demand Is Not Possible and Intrauterine Devices May Make Periods Irregular
Restraints:
Intrauterine Devices Do Not Protect Against STDs
Opportunities:
Growing Awareness About Family Planning Will Increase the Demand of Intrauterine Devices and Increasing Demand of Intrauterine Devices from Large Population Countries Like China and India
Market Leaders and their expansionary development strategies
In Oct 2019, DKT WomanCare is announced the signing of a distribution agreement with Pregna International Ltd. The agreement gives DKT WomanCare the rights to three models of intra-uterine devices (IUDs) and a Levonorgestrel intra-uterine system (LNG-IUS) across markets in Southern Africa, Eastern Europe and Central Asia
In December 2022, CooperSurgical, Inc., a leader in women's healthcare, and Ostro, a leading engagement platform dedicated to educating and empowering consumers and healthcare providers, announced their partnership to launched a new consumer engagement solution for CooperSurgical's hormone-free IUD, Paragard. CooperSurgical is dedicated to putting time on the side of women, babies, and families at the moments that matter the most in life. Patient education along with access to care is at the forefront of our mission
In Aug 2020, FDA extended the use of Mirana, an intrauterine system up to 6 years for pregnancy prevention. By the previous indication, it was only up to 5 years. Mirana is a hormonal intrauterine device that is classified as a long-term reversible contraceptive method. It has T shape structure.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Intrauterine Devices Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
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.