Global Intra-Uterine Contraceptive Devices Market is expected to reach USD 4,851.2 million by 2024 from USD 3,684.1 million in 2016, at a CAGR of 3.5%in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Drivers: Global Intra-Uterine Contraceptive Devices Market
Some of the major factors driving the market for Intra-Uterine Contraceptive Devices (IUCD), such as growing awareness of contraceptive, increased rate of unplanned pregnancies, rising number of initiatives undertaken by the private firms, technological advancements and favourable insurance for IUCD’s.

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Market Segmentation: Global Intra-Uterine Contraceptive Devices Market
Product Type
• Hormonal IUCD,
• Copper IUCD),
End-User
• Hospitals,
• Gynaecology Clinics,
• Community Healthcare,
Geography
• North America,
• Europe,
• Asia-Pacific,
• South America,
• Middle East and Africa

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Increased Rate of Unplanned Pregnancies :
Adolescents most commonly use contraceptive methods with relatively high typical use failure rates such as condoms, withdrawal, or oral contraceptive (OC) pills. Non-use, inconsistent use, and use of methods with high typical use failure rates are reflected in the high rate of unintended adolescent pregnancies in the U.S.
Rising Number of Initiatives Undertaken By the Private Firms :
The increasing number of initiatives taken by the U.S. government has helped to limit the rising number of unplanned pregnancies and abortions rate in the U.S. In addition, many U.S.-based private firms also contribute towards the solutions for pregnancy-related issues, which include maternal mortality, teenage pregnancies, growing number of abortions, and so on, by promoting the use of contraceptives, such as intrauterine contraceptive devices.

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Favourable Insurance For IUCD’s :
The insurance policy is propelling the IUCD market towards growth. In Finland, national insurance covers acute but not preventive care, and contraceptives are usually paid by the patient. In Sweden, the copper IUCDs are available free of cost, whereas hormonal IUCDs are not. All FDA-approved contraceptives in the U.S. are covered by insurance.

Growing Awareness of Contraceptive :
The need to avoid unwanted pregnancies, especially among teenagers, is one of the major drivers for this market. It has also been observed that for over half of the users also identify non-contraceptive health benefits, such as treatment for excessive menstrual bleeding, menstrual pain and acne, as reasons for use. This is also one of the factors contributing to the growth of the market in Europe.

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Some of the major players operating in this market are :
• Bayer AG
• Teva Pharmaceuticals Industries Ltd.
• Mona Lisa N.V.
• DKT International
• Egemen International
• Melbea AG, Ocon Medical Ltd.
• Pregna International Limited
• Medical Engineering Corporation SA
• 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
• ZheijangDaji Medical Instruments, Ltd.
• Nimble International
• AME Line
• Technico
• Cepeo
• Contraceptivos
• InjeflexInd
• Com Ltd
• Bersil
• Amed.

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