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Intrauterine Devices Market Size

  • Report ID: GMI5451
  • Published Date: Mar 2023
  • Report Format: PDF

Intrauterine Devices Market Size

Intrauterine Devices Market size was valued at over USD 4 billion in 2022. Driven by the growing instances of unwanted pregnancies across the globe, the market is slated to grow at over 6% CAGR from 2023 to 2032. 

 

As per the UN’s sexual and reproductive health agency, UNFPA, the world reports about 121 million unwanted pregnancies annually, which represents nearly 50% of all pregnancies. Many of such pregnancies occur due to reproductive coercion, sexual violence, unawareness about sexual and reproductive healthcare, resulting in various health complications and financial implications.

 

Meanwhile, growing awareness about family planning has also increased the demand for intrauterine devices in recent years. These devices are reliable for contraception and can last for up to 5 years or more. They are also easy to use, reversible in nature, efficient, and ideal for long-term use.

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for intrauterine devices recorded a valuation of USD 4 billion in 2022 and is anticipated to grow at 6% CAGR from 2023 to 2032, driven by the rising cases of unintended pregnancies worldwide.

Hormonal IUD industry is expected depict a growth rate of more than 6.5% over 2023 – 2032 due to the product being a long-term solution for pregnancy prevention.

Asia Pacific intrauterine devices market is set to exhibit over 6.5% CAGR from 2023 to 2032, fueled by surging government efforts to bring the cost of available IUDs down.

The major intrauterine devices suppliers include names such as OCON Medical Ltd., HLL Lifecare Limited, Durbin, Gima S.p.A., Prosan International BV, Pregna International Ltd., Eurogine S.L., SMB Corporation of India, and Meril Life Sciences Pvt. Ltd., among others.

Intrauterine Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 205
  • Countries covered: 30
  • Pages: 170
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