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What's Driving the Intrauterine Devices Market 2025-2034: Rising Unplanned Pregnancies Drive Growth in the Intrauterine Devices Market
Intrauterine Devices Market Report
The intrauterine devices market will grow from $3.96 billion in 2024 to $4.17 billion in 2025, with a CAGR of 5.3%. The growth is driven by family planning initiatives, women's empowerment, long-acting reversible contraception (LARC), high contraceptive efficacy, cost-effectiveness, and healthcare professional advocacy.
The Intrauterine Devices market will reach $4.94 billion by 2029 at a CAGR of 4.3%, driven by awareness, non-hormonal options, and personalized contraception. Trends include frameless IUDs, biodegradable IUDs, and non-contraceptive health benefits.
What Are the Main Catalysts for Growth in the Intrauterine Devices Market?
The increasing number of unplanned pregnancies is expected to propel the growth of the intrauterine devices market. Unplanned pregnancies occur when a pregnancy is unwanted or occurs when no additional children are desired. Intrauterine devices (IUDs) are a highly effective form of birth control that prevent pregnancy by altering the uterine environment to prevent sperm from fertilizing an egg. For instance, the United Nations Population Fund reported that there are 121 million unintended pregnancies worldwide each year, with Afghanistan's unintended pregnancies expected to reach 4.8 million by 2025. As a result, the rising number of unplanned pregnancies is driving the growth of the intrauterine devices market.
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Which Businesses Are at the Forefront of Intrauterine Devices Market Development?
Major companies operating in the intrauterine devices market report are Cardinal Health Inc., Pfizer Inc., Merck and Co. Inc., AbbVie Inc., Bayer AG, Abbott Laboratories, Medtronic plc., Teva Pharmaceutical Industries Ltd., Boston Scientific Corporation, Perrigo Company plc., CooperSurgical Inc., BIOTRONIK Inc., HLL Lifecare Limited, ANI Pharmaceuticals, Actavis GmbH, DKT International Inc., Nipro Medical Corporation, Pfm medical Inc., Besins HealthCare Limited, Pregna International Limited, SCITECH Medical Inc., Viatris Inc., Medicines360, Afaxys Inc., Access Vascular Inc., OCON Medical Ltd., Agile Therapeutics Inc., SMB Corporation of India, Eurogine S.L.
How Is the Intrauterine Devices Market Evolving?
Top companies in the intrauterine devices market are focused on developing cutting-edge products such as IUB Ballerine to offer women a more effective and user-friendly contraceptive option. IUB Ballerine is a hormone-free, long-term reversible birth control device featuring a flexible nickel/titanium alloy frame with copper beads. These copper beads release ions that create a sperm-hostile environment, preventing pregnancy. For instance, in December 2022, Consilient Health Ltd., a UK-based pharmaceutical company, launched IUB Ballerine, a next-generation intrauterine device (IUD) that presents multiple benefits over conventional methods. This innovative IUD has a spherical, flexible Nitinol frame designed for better adaptability to the uterus, minimizing risks of expulsion and perforation. Offering increased safety and comfort, it represents a significant advancement in intrauterine contraception.
How Is the Intrauterine Devices Market Segmented?
The intrauterine devices market covered in this report is segmented -
1) By Product: Hormonal Intrauterine Device, Copper Intrauterine Device
2) By Age Group: 15-24 Years, 25-34 Years, 35-44 Years, Above 44 Years
3) By End-User: Hospitals, Gynecology Clinics, Community Healthcare, Other End Users
Subsegments:
1) By Hormonal Intrauterine Device: Levonorgestrel-Releasing IUD (e.g., Mirena, Kyleena, Skyla), Progestin-Based IUD
2) By Copper Intrauterine Device: Standard Copper IUD (e.g., ParaGard), Mini Copper IUD
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Where Is the Intrauterine Devices Market Growth Most Prominent?
North America was the largest region in the intrauterine devices market in 2024. The regions covered in the intrauterine devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Intrauterine Devices Global Market Report?
- Market Size Analysis: Analyze the Intrauterine Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Intrauterine Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Intrauterine Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Intrauterine Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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