(PharmaNewsWire.Com, February 10, 2017 ) According to the report Middle East and Africa Intrauterine Devices Market, published by Market Data Forecast, the Middle East and African Market was worth $ 238 million in 2016 and estimated to reach $ 300 million by the end of 2021 with a growing potential of 4.715 %.
The intrauterine device (IUD) is most used for reversible family planning method across the world. The earlier IUDs made up of inert plastic materials have largely been archaic in modern practice by products which release levonorgestrel or copper, modifications which significantly enhance high efficacy. The intrauterine contraceptive device is a safe, effective and convenient contraceptive method. The use of IUDs has been limited in less developed countries due to increase in menstrual blood loss which has been a significant issue. So, the most population has been preferred to use the levonorgestrel releasing IUD (LNg IUD) which is highly effective, long-lasting and reduces the blood loss during menstruation in less developed countries.
Technical innovations, increasing prevalence of STDS (Sexually transmitted diseases), direct health benefits other than birth control, increasing government initiatives to prevent unwanted abortions and pregnancies are driving the growth of the market in Middle East and Africa. The factors that are hampering the growth of the market are issues of Infertility, Side effects, ectopic pregnancy, pelvic inflammatory infection, and Limited access to contraception.
The Middle East and Africa intrauterine Devices market is broadly categorized based on product type into Hormonal intrauterine device and Copper intrauterine device.
Major players influencing the Middle East and Africa intrauterine devices market are Agile Therapeutics, Actavis PLC, ANI Pharmaceuticals, Inc, Bayer AG, Teva Pharmaceutical, Pfizer, Mylan laboratories, Besins HealthCare, Brecuro Medical, Effik International, Eurogine, HLL Lifecare, HRA Pharma, Lupin Pharmaceuticals, Ltd, Okamato Industries, Inc.
The Intrauterine Devices Market study offers the following deliverables:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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