According to the report by Allied Market Research, titled, “Intrauterine Devices Market By Type (Nonhormonal: Copper-containing IUD, Hormonal: Progestogen-releasing IUD), and Application (Contraception): Global Opportunity Analysis and Industry Forecast, 2020-2027″. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
IUD (intrauterine contraceptive device): A device inserted into the uterus (womb) to prevent conception (pregnancy). The IUD can be a coil, loop, triangle, or T in shape made of plastic or metal. An IUD is inserted into the uterus by a health-care professional. They prevent sperm and eggs from meeting by either immobilizing the sperm on their way to the fallopian tubes or by changing the uterine lining so the fertilized egg cannot implant in it. IUDs have one of the lowest failure rates of any contraceptive method. “In the population for which the IUD is appropriate — for those in a mutually monogamous, stable relationship who are not at a high risk of infection — the IUD is considered a safe and effective contraception method.
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COVID-19 Impact Analysis:
1) The COVID-19 impact on the Intrauterine Devices Market is unpredictable and is expected to remain in force till the fourth quarter of 2021.
2) The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This led to sudden fall in the availability of important raw materials.
3) Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.
4) Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.
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Key Benefits for Stakeholders
- This report entails a detailed quantitative analysis along with the current global Intrauterine Devices Market trends from 2020 to 2027 to identify the prevailing opportunities along with the strategic assessment.
- The Intrauterine Devices Market forecast is studied from 2020 to 2027.
- The Intrauterine Devices Market size and estimations are based on a comprehensive analysis of key developments in the endoscopic retrograde cholangiopancreatography industry.
- A qualitative analysis based on innovative products facilitates strategic business planning.
- The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the Intrauterine Devices Market.
Market trend analysis:
Many more women in the US today rely upon intrauterine devices (IUDs) than in the past. This increased utilization may have substantially contributed to the decline in the percentage of unintended pregnancies in the US. Evidence-based practices have increased the number of women who are medically eligible for IUDs and have enabled more rapid access to the methods. Many women enjoy freedom to use IUDs without cost, but for many the impact of the Affordable Care Act has yet to be realized.
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