Currently, Asia dominates the global intrauterine contraceptive device market, followed by Europe. This is due to the rising prevalence of unplanned pregnancy and increasing usage of intrauterine contraceptive devices in these regions. In addition, rising health care infrastructure and increasing government initiatives for better health care in Asian countries are also driving the growth of the market. In addition, technological advancements in intrauterine contraceptive devices in North America, especially in the U.S., are also influencing the growth of the intrauterine contraceptive device market in the region. However, stringent regulations and reimbursement policies in the U.S., hamper the growth of the market.
Increasing prevalence of unplanned pregnancies, less side-effects associated with intrauterine contraceptive devices, and implementation of affordable care are some of the key factors driving the growth of the global intrauterine contraceptive device market. In addition, increasing awareness about pregnancy is also driving the growth of the global intrauterine contraceptive device market. However, high cost of treatment, threat of pelvic inflammatory infections, and high risks associated with unplanned pregnancy are restraining the growth of the global intrauterine contraceptive device market. Moreover, need for compulsory assistance of medical professionals is also impeding the growth of the market.
Request for Sample Report and Table of content @ http://www.persistencemarketresearch.com/toc/4736
Technological advancements in intrauterine contraceptive devices are expected to create new opportunities for new players in the global intrauterine contraceptive device market in the years to come. In addition, emerging markets, such as India and China, could also create new opportunities for new entrants in the market. Maintaining the quality of the copper and hormonal intrauterine devices could pose a challenge for the growth of the global intrauterine contraceptive device market. Increasing number of mergers and acquisitions and rising number of product innovations are some of the recent trends witnessed in the global intrauterine contraceptive device market.
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Persistence Market Research Pvt. Ltd
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353