New York, According to a new market research report from Global Insight Services “intrauterine device market” is expected to reach XX billion USD by 2031. The report provides detailed segmentation and market size data by category, product type, application and region. The report also includes a comprehensive analysis of the key issues, trends and drivers, restraints and challenges, the competitive landscape, as well as recent events like M&A activity in the market.

Intrauterine devices (IUDs) are small, T-shaped devices that are inserted into the uterus to prevent pregnancy. IUDs are one of the most effective methods of birth control with a failure rate of less than 1%. IUDs work by preventing the sperm from fertilizing the egg. They also prevent implantation of a fertilized egg in the uterine lining. IUDs do not affect the ovaries or the production of eggs.

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key trends

There are some important trends in intrauterine devices (IUDs) technology. One of them is the development of new types of IUDs made of different materials such as copper or plastic.

Another trend is the development of new methods of inserting and removing IUDs. In addition, there is a trend towards developing coils that can be used for a longer period of time, for example 5 years or more.

key driver

The main drivers of the intrauterine devices market are the rising incidence of unwanted pregnancies and the growing awareness of the effectiveness of intrauterine devices in preventing pregnancy. Other drivers include the favorable reimbursement scenario and the availability of new and improved products.

The rising incidence of unwanted pregnancies is one of the major drivers of the intrauterine device market. According to the National Campaign to Prevent Teen and Unplanned Pregnancy, approximately 50% of all pregnancies in the United States are unplanned.

The number of accidental…