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Intrauterine Contraceptive Devices Market by End-user, Type, and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR44874
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The predicted growth for the intrauterine devices market share from 2021 to 2026 is USD 854.32 million at a progressing CAGR of 3.65%.

This intrauterine devices market forecast report extensively covers segmentations by:

  • Type - Hormonal intrauterine device and copper intrauterine device
  • End-user - Hospitals, gynecology clinics, and others
  • Geography - North America, Europe, Asia, and Rest of World (ROW)

The intrauterine devices market report offers information on several market vendors, including AbbVie Inc., Bayer AG, DKT International, Durbin PLC, EurimPharm Arzneimittel GmbH, EUROGINE SL, Gima Spa, HLL Lifecare Ltd., Krishco Medical Products Pvt. Ltd., Laboratoire HRA Pharma SAS, Melbea Innovations Ltd., Meril Life Sciences Pvt. Ltd., Ocon Medical Ltd., Pregna International Ltd., Prosan International BV, Searchlight Pharma Inc., SMB Corp. of India, The Cooper Companies Inc., and Viatris Inc. among others. Furthermore, our analysts have provided valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches for the coming years.

What will the Intrauterine Devices Market Size be During the Forecast Period?

Intrauterine Contraceptive Devices Market Size

Download the Free Report Sample to Unlock the Intrauterine Devices Market Size for the Forecast Period and Other Important Statistics

 

Intrauterine Devices Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing rate of unintended pregnancies and unwanted abortions is notably driving the intrauterine devices market growth, although factors such as adverse effects of intrauterine devices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the intrauterine devices industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Intrauterine Devices Market Driver

The increasing rate of unintended pregnancies and unwanted abortions is one of the key drivers supporting the intrauterine devices (IUD) market growth. Pregnancy during birth control is not uncommon instead birth control measures can have high chances of failure. However, the chances of pregnancy significantly decrease with the use of intrauterine devices if used correctly. Intrauterine devices do not require frequent actions on the part of the user, except during insertion procedure and occasional checkups, and lasts for almost ten years, thereby providing a hassle-free method of controlling unintended pregnancies. Furthermore, according to the CDC, in November 2021, 73 million legal induced abortions were reported. Such an increase in unwanted abortions will drive the intrauterine devices (IUD) market growth during the forecast period.

Key Intrauterine Devices Market Trend

Long-term efficacy and increased acceptance is one of the key intrauterine devices market trends fueling the market growth. Today, couples want to control the timing and spacing of childbirth, both for financial convenience and the mother's health. Moreover, IUD helps in birth spacing by providing contraception and preventing unwanted pregnancy. Awareness regarding the significance of family planning is leading to the increased adoption of contraceptive methods, leading to better healthcare outcomes for both the mother and the baby. Although contraceptives such as pills, sponges, and condoms have become the safest and the easiest means of contraception among individuals. However, they are temporary and last for a short time period. Intrauterine devices play an important role in contraception as they provide long-term efficacy against pregnancy, depending on the type of IUD. This, in turn, will propel the intrauterine devices market growth during the forecast period.

Key Intrauterine Devices Market Challenge

Adverse effects of intrauterine devices is one of the challenges limiting the intrauterine devices (IUD) market growth. Risks and concerns regarding the use of Intrauterine devices basically arise from the failure of the Dalkon Shield, which has stigmatized the use of intrauterine devices as unsafe. In 1970, in the US, A.H. Robins Company acquired the Dalkon Shield from the Dalkon Corporation, founded by Hugh J. Davis, M.D. The contraceptive device was supposed to prevent pregnancy by being directly placed into a woman's uterus. However, in the 1980s, researchers found several serious flaws in the device. The multifilament string attached to the shield made way for bacteria to easily enter the body through the uterus, leading to sepsis (blood poisoning), miscarriages, hysterectomies, pelvic infections, and infertility. Eventually, the company recalled the Dalkon Shield from the market after several lawsuits, and it was banned by the US Food and Drug Administration (FDA). These challenges can hamper the intrauterine devices (IUD) market growth during the forecast period.

This intrauterine devices market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global intrauterine devices market as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the intrauterine devices market during the forecast period.

Who are the Major Intrauterine Devices Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • AbbVie Inc.
  • Bayer AG
  • DKT International
  • Durbin PLC
  • EurimPharm Arzneimittel GmbH
  • EUROGINE SL
  • Gima Spa
  • HLL Lifecare Ltd.
  • Krishco Medical Products Pvt. Ltd.
  • Laboratoire HRA Pharma SAS
  • Melbea Innovations Ltd.
  • Meril Life Sciences Pvt. Ltd.
  • Ocon Medical Ltd.
  • Pregna International Ltd.
  • Prosan International BV
  • Searchlight Pharma Inc.
  • SMB Corp. of India
  • The Cooper Companies Inc.
  • Viatris Inc.

 

This statistical study of the intrauterine devices market encompasses successful business strategies deployed by the key vendors. The intrauterine devices market is fragmented and the vendors are deploying growth strategies such as engaging in continuous R&D to improve the quality of various contraceptives, such as intrauterine devices, in terms of design and materials to compete in the market.

Product Insights and News

  • AbbVie Inc. - The company offers intrauterine devices namely Liletta Intrauterine Contraceptive. 
  • Bayer AG - The company offers intrauterine device namely Nova T which is made of plastic in the shape of a T. 
  • DKT International - The company offers intrauterine devices such as CuT380s, Cu375s, and Silverline. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The intrauterine devices market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Intrauterine Devices Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the intrauterine devices market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Intrauterine Devices Market?

Intrauterine Contraceptive Devices Market Market segmentation by region

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33% of the market's growth will originate from North America during the forecast period. The US is the key market for the intrauterine devices market in North America. Market growth in this region will be faster than the growth of the market in Rest of World (ROW).

Technological innovations such as postpartum will facilitate the intrauterine devices market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 affected all countries in North America, especially the US. It had a mixed impact on the intrauterine devices market in the region in that year. However, by the second half of 2020, most restrictions in various countries had been relaxed to some extent, which allowed business activities and essential services, including the sales of intrauterine devices, to resume. Thus, the relaxation of such restrictions encouraged people to go for health checkups and treatments, which will drive the growth of the IUD market in North America during the forecast period.

What are the Revenue-generating Type Segments in the Intrauterine Devices Market?

Intrauterine Contraceptive Devices Market Segmentation

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The intrauterine devices market share growth by the hormonal intrauterine device segment will be significant during the forecast period. Hormonal intrauterine devices are more effective in preventing pregnancies when compared with other contraception devices. They are superior to copper intrauterine devices and pose fewer complications and risks. Moreover, advances in hormonal intrauterine devices provide additional benefits with 100% efficacy against pregnancy. As hormonal intrauterine devices can last 3-5 years, they are termed long-term reversible birth control. These factors of the hormonal intrauterine device will drive the IUD market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the intrauterine devices market size and actionable market insights on post COVID-19 impact on each segment.

 

Intrauterine Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.65%

Market growth 2022-2026

$ 854.32 million

Market structure

Fragmented

YoY growth (%)

3.05

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 33%

Key consumer countries

US, Germany, UK, China, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AbbVie Inc., Bayer AG, DKT International, Durbin PLC, EurimPharm Arzneimittel GmbH, EUROGINE SL, Gima Spa, HLL Lifecare Ltd., Krishco Medical Products Pvt. Ltd., Laboratoire HRA Pharma SAS, Melbea Innovations Ltd., Meril Life Sciences Pvt. Ltd., Ocon Medical Ltd., Pregna International Ltd., Prosan International BV, Searchlight Pharma Inc., SMB Corp. of India, The Cooper Companies Inc., and Viatris Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Intrauterine Devices Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive intrauterine devices market growth during the next five years
  • Precise estimation of the intrauterine devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the intrauterine devices industry across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of intrauterine devices market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 25: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 27: Chart on Comparison by Type
      • Exhibit 28: Data Table on Comparison by Type
    • 5.3 Hormonal intrauterine device - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Hormonal intrauterine device - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on Hormonal intrauterine device - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on Hormonal intrauterine device - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Hormonal intrauterine device - Year-over-year growth 2021-2026 (%)
    • 5.4 Copper intrauterine device - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Copper intrauterine device - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Copper intrauterine device - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Copper intrauterine device - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Copper intrauterine device - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 37: Market opportunity by Type ($ million)

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 38: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 39: Data Table on End-user - Market share 2021-2026 (%)
    • 6.2 Comparison by End-user
      • Exhibit 40: Chart on Comparison by End-user
      • Exhibit 41: Data Table on Comparison by End-user
    • 6.3 Hospitals - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Hospitals - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on Hospitals - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on Hospitals - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Hospitals - Year-over-year growth 2021-2026 (%)
    • 6.4 Gynecology clinics - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Gynecology clinics - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Gynecology clinics - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Gynecology clinics - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Gynecology clinics - Year-over-year growth 2021-2026 (%)
    • 6.5 Others - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 6.6 Market opportunity by End-user
      • Exhibit 54: Market opportunity by End-user ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 56: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 57: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 58: Chart on Geographic comparison
      • Exhibit 59: Data Table on Geographic comparison
    • 8.3 North America - Market size and forecast 2021-2026
      • Exhibit 60: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 61: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 62: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.4 Europe - Market size and forecast 2021-2026
      • Exhibit 64: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 65: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 66: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.5 Asia - Market size and forecast 2021-2026
      • Exhibit 68: Chart on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 70: Chart on Asia - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on Asia - Year-over-year growth 2021-2026 (%)
    • 8.6 Rest of World (ROW) - Market size and forecast 2021-2026
      • Exhibit 72: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 73: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 74: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • 8.7 US - Market size and forecast 2021-2026
      • Exhibit 76: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 77: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 78: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.8 Germany - Market size and forecast 2021-2026
      • Exhibit 80: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 81: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 82: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.9 UK - Market size and forecast 2021-2026
      • Exhibit 84: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 85: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 86: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.10 China - Market size and forecast 2021-2026
      • Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 8.11 Japan - Market size and forecast 2021-2026
      • Exhibit 92: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 93: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 94: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 8.12 Market opportunity by geography
      • Exhibit 96: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 97: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 98: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 99: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 100: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 101: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 102: Matrix on vendor position and classification
            • 11.3 AbbVie Inc.
              • Exhibit 103: AbbVie Inc. - Overview
              • Exhibit 104: AbbVie Inc. - Product / Service
              • Exhibit 105: AbbVie Inc. - Key offerings
            • 11.4 Bayer AG
              • Exhibit 106: Bayer AG - Overview
              • Exhibit 107: Bayer AG - Business segments
              • Exhibit 108: Bayer AG - Key offerings
              • Exhibit 109: Bayer AG - Segment focus
            • 11.5 DKT International
              • Exhibit 110: DKT International - Overview
              • Exhibit 111: DKT International - Product / Service
              • Exhibit 112: DKT International - Key offerings
            • 11.6 EUROGINE SL
              • Exhibit 113: EUROGINE SL - Overview
              • Exhibit 114: EUROGINE SL - Product / Service
              • Exhibit 115: EUROGINE SL - Key offerings
            • 11.7 Laboratoire HRA Pharma SAS
              • Exhibit 116: Laboratoire HRA Pharma SAS - Overview
              • Exhibit 117: Laboratoire HRA Pharma SAS - Product / Service
              • Exhibit 118: Laboratoire HRA Pharma SAS - Key offerings
            • 11.8 Melbea Innovations Ltd.
              • Exhibit 119: Melbea Innovations Ltd. - Overview
              • Exhibit 120: Melbea Innovations Ltd. - Product / Service
              • Exhibit 121: Melbea Innovations Ltd. - Key offerings
            • 11.9 Pregna International Ltd.
              • Exhibit 122: Pregna International Ltd. - Overview
              • Exhibit 123: Pregna International Ltd. - Product / Service
              • Exhibit 124: Pregna International Ltd. - Key offerings
            • 11.10 Prosan International BV
              • Exhibit 125: Prosan International BV - Overview
              • Exhibit 126: Prosan International BV - Product / Service
              • Exhibit 127: Prosan International BV - Key offerings
            • 11.11 SMB Corp. of India
              • Exhibit 128: SMB Corp. of India - Overview
              • Exhibit 129: SMB Corp. of India - Product / Service
              • Exhibit 130: SMB Corp. of India - Key offerings
            • 11.12 The Cooper Companies Inc.
              • Exhibit 131: The Cooper Companies Inc. - Overview
              • Exhibit 132: The Cooper Companies Inc. - Business segments
              • Exhibit 133: The Cooper Companies Inc. - Key offerings
              • Exhibit 134: The Cooper Companies Inc. - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 135: Inclusions checklist
                • Exhibit 136: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 137: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 138: Research methodology
                • Exhibit 139: Validation techniques employed for market sizing
                • Exhibit 140: Information sources
              • 12.5 List of abbreviations
                • Exhibit 141: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Intrauterine Devices Market market growth will increase by $854.32 mn during 2022-2026.
              The intrauterine devices market market is expected to grow at a CAGR of 3.65% during 2022-2026.
              Technavio has segmented the intrauterine devices market market by type (Hormonal intrauterine device, Copper intrauterine device, and Others) ,end-user (Hospitals, Gynecology clinics, and Others) , and geography (North America, Europe, Asia, Rest of World (ROW), and Europe).
              AbbVie Inc., Bayer AG, DKT International, Durbin PLC, EurimPharm Arzneimittel GmbH, EUROGINE SL, Gima Spa, HLL Lifecare Ltd., Krishco Medical Products Pvt. Ltd., Laboratoire HRA Pharma SAS, Melbea Innovations Ltd., Meril Life Sciences Pvt. Ltd., Ocon Medical Ltd., Pregna International Ltd., Prosan International BV, Searchlight Pharma Inc., SMB Corp. of India, The Cooper Companies Inc., Viatris Inc. are a few of the key vendors in the intrauterine devices market market.
              North America will register the highest growth rate of 33% among the other regions. Therefore, the intrauterine devices market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the intrauterine devices market market growth are:
              • Increasing rate of unintended pregnancies and unwanted abortions
              • Long-term efficacy and increased acceptance
              The intrauterine devices market market vendors should focus on grabbing business opportunities from the hormonal intrauterine device segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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