Intrauterine Devices Market to Grow at a CAGR of 3.44% 2014 - 2019
An increase in the number of unplanned pregnancies has increased the demand for contraceptives among several end users. At least 40% of pregnancies worldwide are unplanned, and this percentage is expected to rise. In 2012, approximately 85 million of 213 million pregnancies were unintended. Governments and NGOs are taking initiatives and implementing programs to curb unplanned pregnancies. The development of advanced contraceptives to improve safety, convenience, and benefits will also positively influence the Intrauterine Devices market growth.
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