Press release
Hormonal & Copper IUDs Lead Growth in Intrauterine Contraceptive Devices Market | Most Leading - Teva Pharmaceuticals, Bayer, Pregna, OCON Medical, Eurogine, SMB Corporation, Actavis, Agile, Besins Healthcare
The Global Intrauterine Contraceptive Devices (IUD) Market reached US$ 3.1 billion in 2023 and is expected to reach US$ 4.45 billion by 2031, growing at a CAGR of 4.7% during the forecast period 2024-2031.Intrauterine Contraceptive Devices (IUD) Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
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Intrauterine contraceptive devices (IUDs) are small, T-shaped devices inserted into the uterus to prevent pregnancy. They are long-acting, reversible, and highly effective, working either by releasing hormones or using copper to inhibit sperm movement and fertilization. IUDs are a popular choice for women seeking low-maintenance birth control with protection lasting from 3 to 10 years, depending on the type.
Major players in the Intrauterine Contraceptive Devices (IUD) market
The prominent players in Intrauterine Contraceptive Devices (IUD) market research report are:
Teva Pharmaceuticals, Bayer, Pregna, OCON Medical, Eurogine, SMB Corporation, Actavis, Agile, Besins Healthcare, and Pfizer
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Intrauterine Contraceptive Devices (IUD) Market Key Development
→ In July 2024, 3Daughters raised $4.7M in an oversubscribed seed round led by existing investors like Thairm Bio, Argosy Foundation, and UMass Amherst, to advance innovations in women's healthcare.
→ In November 2023, Bayer and CrossBay Medical partnered to develop a single-handed IUS inserter using CrossGlide technology, aiming to reduce insertion discomfort and shorten procedure time for hormonal IUD placement.
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Intrauterine Contraceptive Devices (IUD) Market Segments
By Type: Hormonal IUD, Copper IUD
By End-User: Hospitals, Specialty Clinics, Homecare, Others
The Intrauterine Contraceptive Devices (IUD) industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Intrauterine Contraceptive Devices (IUD) Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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Contact Person: Sai Kiran
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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