Albany, NY -- (SBWIRE) -- 11/18/2015 -- Intrauterine devices (IUDs) are contraceptive medical implants used to prevent pregnancies for a long period of time. They are also known as long-acting reversible contraceptive devices. An IUD is a T-shaped device, made of flexible plastic, with a copper wire wrapped around its stem, and is considered a safe and reliable method of sterilization for women. It is inserted into the uterus, and its primary aim is to prevent the fertilization of the egg by causing changes, such as thickening or toxicity of the cervical mucus, thus preventing fertilization by a sperm. There are two types of IUDs, namely, copper IUD (containing copper) and hormone-releasing IUDs (containing the progesterone hormone). Mirena and ParaGard are some of the prominent brands available in the market. Technavio's analysts forecast the global intrauterine devices market to grow at a CAGR of 3.44% over the period 2014-2019.

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In this report, Technavio covers the present scenario and growth prospects of the global intrauterine devices market for 2015-2019. To calculate the market size, the report considers revenue generated from the sales of following type of products: Hormonal IUDs and copper IUDs.

Technavio's report, Global intrauterine devices market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also presents the vendor landscape and a corresponding detailed analysis of the top three vendors in the market. Also, it discusses the major drivers and challenges in the market, as well as the key trends.

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Key regions :

Americas
APAC
EMEA

Key vendors:

Actavis
Bayer
Teva Pharmaceutical

Market driver:
Long-term efficacy and increased acceptance of IUDs
For a full, detailed list, view our report

Market challenge:
Lack of social acceptance
For a full, detailed list, view our report

Market trend:
Increased institutional funding for IUDs
For a full, detailed list, view our report

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Key questions answered in the report include:-

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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