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2021
Intrauterine Devices Market

Intrauterine Devices Market: Global Opportunity Analysis and Industry Forecast, 2020-2027

A10999
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Dec 2021 | 307 Views
   
Author(s) : Onkar Sumant
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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IUD (intrauterine contraceptive device): A device inserted into the uterus (womb) to prevent conception (pregnancy). The IUD can be a coil, loop, triangle, or T in shape made of plastic or metal. An IUD is inserted into the uterus by a health-care professional. They prevent sperm and eggs from meeting by either immobilizing the sperm on their way to the fallopian tubes or by changing the uterine lining so the fertilized egg cannot implant in it. IUDs have one of the lowest failure rates of any contraceptive method. "In the population for which the IUD is appropriate -- for those in a mutually monogamous, stable relationship who are not at a high risk of infection -- the IUD is considered a safe and effective contraception method.

Market scope and structural analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Application, End-users, Region

  Geographies covered

•North America (U.S., Canada, Mexico)

•Europe (France, Germany, UK, Italy, Spain, Rest of Europe)

•Asia-Pacific (Japan, China, India, Australia, South Korea, Rest of Asia-Pacific)

•LAMEA (Brazil, South Arabia, South Africa, Rest of LAMEA)

  Companies covered

Allergan PLC, Bayer AG, CooperSurgical Inc., DKT International, Egemen International, Mona Lisa NV, Pregna International Limited, Prosan International BV, and SMB Corporation of India.

 

Covid-19 Scenario analysis:

The COVID-19 pandemic has caused tremendous upheaval to health systems around the world, disrupting access to family planning information and services, as well as sexual and reproductive health more broadly. Despite this disruption, the need for family planning remains the same. For women, family planning is critical, basic health care. As health systems shift to prevent and treat people with COVID-19, it is essential they also protect access to family planning services. Throughout this crisis, Family Planning 2020 has been working with country and global partners to ensure family planning remains an essential element of the global health agenda hence temporarily the IUD market is facing slowdown because of Pandemic but will pick pace post lockdown.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact analysis:

Drivers:

High effectiveness:

IUDs are one of the best birth control methods out there — more than 99% effective. That means fewer than 1 out of 100 people who use an IUD will get pregnant each year. IUDs are so effective because there's no chance of making a mistake. One can’t forget to take it (like the pill), or use it incorrectly (like condoms). And they are protected from pregnancy 24/7 for 3 to 12 years, depending on which kind IUD is used.

Rising preference for Planned Parenthood:

Over the last generation, profound changes have occurred in the relationship between sexuality and reproduction, the assumption that pregnancy leads to parenthood, and the equation of parenthood with loving parental ties. With the increased availability of safe, effective contraception, sexual relations are less likely to lead to unwanted pregnancies. When such pregnancies do occur, the accessibility of legal abortion enables parenthood to be more of a choice than an inevitability. If a much-wanted pregnancy ends in perinatal loss, there is the recognition that a real baby has died, allowing the couple to identify themselves as bereaved parents. The dramatic advances over the past years in contraception such as IUD has resulted in a growth for IUD market.

Restrains:

Intrauterine devices (IUDs) are highly effective methods of contraception, but use continues to lag behind less effective methods such as oral contraceptive pills and condoms. Women who are aware of the actual effectiveness of various contraceptive methods are more likely to choose the IUD but the awareness is very low. Conversely, women who are misinformed about the safety of IUDs may be less like to use this method. Individuals increasingly use the Internet for health information which at times are not completely reliable and may be hoax. Information about IUDs obtained through the Internet may influence attitudes about IUD use among patients. Also, the lack of Sex education and safe sex methods is hampering the market of IUD’s.

Regardless of IUD type, there are some potential side effects that are similar for all IUDs. Some of these side effects include bleeding pattern changes, expulsion, pelvic inflammatory disease (especially in the first 21 days after insertion), and rarely uterine perforation. A small probability of pregnancy remains after IUD insertion, and when it occurs there's a greater risk of ectopic pregnancy.

IUDs with progestogen confer an increased risk of ovarian cysts, and IUDs with copper confer an increased risk of heavier periods.

Menstrual cup companies recommend that women with IUDs who are considering using menstrual cups should consult with their gynaecologists before use. There have been rare cases in which women using IUDs dislodged them when removing their menstrual cups, however, this can also happen with tampon use.

Unlike condoms, the IUD does not protect against sexually transmitted infections.

Market trend analysis:

Many more women in the US today rely upon intrauterine devices (IUDs) than in the past. This increased utilization may have substantially contributed to the decline in the percentage of unintended pregnancies in the US. Evidence-based practices have increased the number of women who are medically eligible for IUDs and have enabled more rapid access to the methods. Many women enjoy freedom to use IUDs without cost, but for many the impact of the Affordable Care Act has yet to be realized. Currently, there are three hormonal IUDs and one copper IUD available in the US. Each IUD is extremely effective, convenient, and safe. The newer IUDs have been tested in populations not usually included in clinical trials and provide reassuring answers to older concerns about IUD use in these women, including information about expulsion, infection, and discontinuation.

Regional analysis:

Among that the Asia Pacific is projected to witness high growth during the forecast period due to rising awareness among the woman population in the region is also dominating the growth of the Asia Pacific region. The countries like China and India are major contributor due to the stringent government directives and raising awareness regarding the use of devices. Moreover, the India government are supporting the R&D stringent government directives and raising awareness regarding the use of IUC devices projects in the IUD devices which dominated in further.

Key segments covered:

Segments

Sub-segments

  Type

  • Nonhormonal: Copper-containing IUD
  • Hormonal: Progestogen-releasing IUD

  Application

  • Contraception

  End Users

  • Hospitals
  • Gynaecology clinics
  • Community Health Care Centres
  • Others

  Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

 

Key benefits of the report:

  • This study presents the analytical depiction of the global Intrauterine devices industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Intrauterine devices market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Intrauterine devices market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global Intrauterine devices market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Intrauterine devices Market research report:

  • What are the leading market players active in the Intrauterine devices market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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