5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
India
South Korea’s market for contraceptive devices was estimated at USD 0.165 billion in the year 2016 and is expected to reach USD 0.222 billion by the end of 2021. The CAGR during this period of the forecast is expected to be 7.82%.
The emerging nations lack the proper awareness about the potential benefits of contraceptive usage. However, this trend is changing in regions like Africa, Asia-Pacific, and Latin America. The market is set to boom in the Asia-Pacific region over the next few years.
This escalation is developing the need to analyze, review and forecast the growth of the contraceptive devices market. Owing to the rapid evolution of the market in the use of intrauterine devices, medical device companies that are able to launch new innovative equipment will be rewarded with huge benefits.
South Korea Contraceptive Devices Market-Market Dynamics
The report details several factors driving and restraining the market, some of which are listed below.
Drivers
Restraints
The market is segmented by contraceptive devices, which include condoms, diaphragms, cervical caps, sponges, vaginal rings, IUDs, and implants. Contraceptive methods are also studied in detail, which include sterilization, pills, implants, injectables, intrauterine devices, male condoms and vaginal barrier methods.
Key Deliverables in the Study
5th Floor, Rajapushpa Summit
Nanakramguda Rd, Financial District, Gachibowli
Hyderabad, Telangana - 500008
India
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