INTRAUTERINE CONTRACEPTIVE DEVICES MARKET ANALYSIS

Market- Trends

Unplanned pregnancy is a major driver for intrauterine contraceptive devices

Rising prevalence of unplanned pregnancy and less side-effects pertaining to these devices are some of the drivers impacting the demand for intrauterine contraceptive devices market. Moreover, with the use of such devices there is no requirement of a new contraception every day, as in case of contraceptive pills. Moreover, intrauterine contraceptive devices do not impact the user’s mood, libido and weight and does not even carry the risk for cancer in future. However, use of intrauterine contraceptive devices may lead to heavy menstrual bleeding, resulting into painful cramps, which is projected to impede the growth of the market. In addition, the demand for contraceptive pills for shorter period usage is expected to hinder the demand for the devices. Need for continuous assistance of healthcare professionals is also restraining the market towards growth.

Market- Trends

Asia Pacific market to enhance the demand for intrauterine contraceptive devices

Asia Pacific is expected to hold a significant share for intrauterine contraceptive devices market owing to the rising number of unplanned pregnancy and thereby, greater usage of such devices in this region. Moreover, rising government initiatives focusing on improved healthcare in Asian countries are also supporting the growth of the market. Furthermore, technological advancements associated with these devices are accentuating their demand in North America, followed by Europe.