Intrauterine Device Market Report: Trends, Forecast and Competitive Analysis to 2030
Intrauterine Device Trends and Forecast
The future of the global intrauterine device market looks promising with opportunities in the hospital, clinic, and community health care centre markets. The global intrauterine device market is expected to reach an estimated $4.7 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are rising rates of unintended pregnancies and growing demand for long-acting reversible contraception.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Intrauterine Device by Segment
The study includes a forecast for the global intrauterine device by product, age group, end use, and region.
Intrauterine Device Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Hormonal Intrauterine Devices
- Non-Hormonal Intrauterine Devices
Intrauterine Device Market by Age Group [Shipment Analysis by Value from 2018 to 2030]:
- 25-34 Years
- 35-44 Years
- Above 44 Years
- 15-24 Years
Intrauterine Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Hospitals
- Clinics
- Community Health Care Centres
- Others
Intrauterine Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Intrauterine Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies intrauterine device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the intrauterine device companies profiled in this report include-
- Eurogine
- Abviee
- Mona Lisa
- Pregna
- Bayer
- DKT International
- Coopersurgical
- Prosan
- Viatris
Intrauterine Device Market Insights
Lucintel forecasts that hormonal intrauterine device is expected to witness highest growth over the forecast period due to its significant demand among users give to its higher effectiveness, non-surgical nature, and suitability.
Hospital is expected to witness highest growth over the forecast perioddue to growing number of preventative healthcare visits and availability of improved hospital facilities with modernized devices in this setting.
North America is expected to witness highest growth over the forecast period due to growing demand for intrauterine device (IUD) among populations, rising awareness regarding birth control, and presence key players in the region.
Features of the Global Intrauterine Device Market
Market Size Estimates: Intrauterine device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Intrauterine device market size by product, age group, end use, and region in terms of value ($B).
Regional Analysis: Intrauterine device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, age groups, end uses, and regions for the intrauterine device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the intrauterine device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the intrauterine device market size?
Answer: The global intrauterine device market is expected to reach an estimated $4.7 billion by 2030.
Q.2 What is the growth forecast for intrauterine device market?
Answer: The global intrauterine device market is expected to grow with a CAGR of 4.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the intrauterine device market?
Answer: The major drivers for this market are rising rates of unintended pregnancies and growing demand for long-acting reversible contraception.
Q4. What are the major segments for intrauterine device market?
Answer: The future of the intrauterine device market looks promising with opportunities in the hospital, clinic, and community health care centre markets.
Q5. Who are the key intrauterine device market companies?
Answer: Some of the key intrauterine device companies are as follows:
- Eurogine
- Abviee
- Mona Lisa
- Pregna
- Bayer
- DKT International
- CooperSurgical
- Prosan
- Viatris
Q6. Which intrauterine device market segment will be the largest in future?
Answer: Lucintel forecasts that hormonal intrauterine device is expected to witness highest growth over the forecast period due to its significant demand among users give to its higher effectiveness, non-surgical nature, and suitability.
Q7. In intrauterine device market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to growing demand for intrauterine device (IUD) among populations, rising awareness regarding birth control, and presence key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the intrauterine device market by product (hormonal intrauterine devices and non-hormonal intrauterine devices), age group (25-34 years, 35-44 years, above 44 years, and 15-24 years), end use (hospitals, clinics, community health care centres, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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