Female sterilization is used as a permanent contraception method in several countries across the globe. Female sterilization includes obstruction of the fallopian tubes, inhibiting sperm transport to the ampulla of the tube, where fertilization of the ovum takes place. Failure rates are affected by age of sterilization and method of tubal occlusion in female sterilization. Laparoscopic sterilization is not available in certain parts of developing countries due to the lack of expertise, facilities, and equipment which have low complication rates. Minimally invasive techniques such as administration of intrauterine agents and hysteroscopy tubal occlusion are being developed. Female sterilization has failure rates 10 times more than vasectomy. Problems such as hematoma, pain, and granuloma formation is likely to occur due to female sterilization. Doctors and nursing staff can provide counselling before female sterilization. Complications, irreversibility, failure rates, and alternative methods of contraception need to be discussed before the procedure.
Sterilization is the most preferred method of contraception used by individuals around the world, with nearby 200 million couples depend on tubal occlusion and 45 million couples on vasectomy. Vasectomy is safer, less expensive, and more effective than female sterilization. In several developing countries, vasectomy is rarely used as a birth control method. This is partially due to lack of awareness in developing countries.
The global female sterilization and contraceptive devices market can be segmented based on types of transcervical sterilization, end-user, and region. In terms of types of trans-cervical sterilization global female sterilization and contraceptive devices market can be segmented into hysteroscopic and laparoscopic female sterilization. Hysteroscopic sterilization has changed female sterilization. Various materials ranging from micro-inserts (Essure) to silicone plugs (Ovabloc) are being utilized for sterilization. Essure is one of the approved devices for female sterilization that consists of stainless steel inner coil with outer coil made from nickel titanium alloy. In laparoscopic female sterilization, tubes are blocked with a device such as silicon rubber band, clip, or is interrupted by excision and ligation. Based on end-user, the global female sterilization and contraceptive devices market can be divided into hospitals, specialty clinics, and others.
The female sterilization and contraceptive devices market can be categorized into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global female sterilization and contraceptive devices market due to changing lifestyle, increase in awareness, adoption of birth control techniques, and increase disposable income. Europe accounts for the second largest share of the in global female sterilization and contraceptive devices market owing to availability of advanced treatment facilities and skilled medical professionals. The market in Asia Pacific is expanding at a considerable pace as it is the most common method of sterilization for family planning in Asia Pacific. For instance, in India, nearly 40% of women use contraception are sterilized.
Some of the key players operating in the female sterilization and contraceptive devices market are Medtronic, B. Braun Melsungen AG, Cardinal Health, CONMED Corporation, CooperSurgical Inc., Olympus Corporation, Smith & Nephew, Becton, Dickinson and Company, and Ethicon (Johnson & Johnson Services, Inc.)
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
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10. What will be the barrier to entry for new players in the market?
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