Global intra-uterine contraceptive devices market is poised to grow at 3.5% till 2024, market reports by Data Bridge Market Research.
Global intra-uterine contraceptive devices market is expected to reach USD 4.9 billion by 2024 from USD 3.68 billion in 2013, at a CAGR of 3.5% in the forecast period 2017 to 2024.
The Global Intra Uterine Contraceptive Devices market is segmented on the basis of product type, end-user and geography.
The commonly used IUCD device is a ’T’-shaped device (with horizontal and vertical arms). The vertical arm has a copper wire wrapped around it, as a result of which this device is known as Copper T. In addition, there are two colored nylon threads at the lower end of the horizontal arm. The hormone-releasing IUCDs available in the market are suitable for women with special needs. These devices are 99% reliable in preventing pregnancy.
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On the basis of product type, hormonal IUD market segment is expected to dominate the market with 74.3% market share. By 2024, the market share for hormonal IUD device is expected to dominate the market with an even larger share owing to its expected highest growth rate of 4.0% in the forecast period 2017 to 2024.
On the basis of end users the global intra-uterine contraceptive devices market is segmented into hospitals, gynecology clinics, and community healthcare.
Based on geography the global intra-uterine contraceptive devices market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.
Some of the other players in this market include DKT International, Egemen International, Melbea AG, Ocon Medical Ltd., Pregna International Limited, Medical Engineering Corporation SA and, SMB Corporation and Meril Life Sciences Pvt. Ltd., Medu Scientific Ltd, China RH Contraceptives Co., Ltd, Sanghai Jolly Medical Education Co., Ltd, Bernstein Leibhard LLP, Zheijang Daji Medical Instruments, Ltd., Nimble International, AME Line, Technico, Cepeo, Contraceptivos, Injeflex Ind And Com Ltd., Bersil, Amed among others.
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