U.S. Intrauterine Devices Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
U.S. Intrauterine Devices Market size will record a 9.5% CAGR from 2024 to 2032, due to increasing partnerships and collaborations to leverage expertise from various fields.
Alliances are advancing IUD technology, focusing on boosting effectiveness, safety, and user comfort. Collaborations among manufacturers, researchers, and healthcare providers are driving innovations, targeting specific needs like minimizing side effects and enhancing contraceptive efficacy. For example, in January 2024, US-based Medicines360 and DKT WomanCare forged a strategic partnership to broaden access to the hormonal IUD, Avibela.
The intrauterine devices market is categorized by product, age group, end-use, and region.
By product, the copper IUD segment is projected to see a notable revenue increase from 2024 to 2032 due to its effectiveness in long-term contraception. Copper IUDs prevent pregnancy by creating an environment that inhibits sperm mobility and fertilization. Manufacturers are refining the design and materials of copper IUDs to enhance safety and efficacy while reducing potential side effects. Optimizing the device's dimensions and copper coating aims to improve comfort and performance.
Moreover, the growing awareness and acceptance of non-hormonal contraception methods are playing a pivotal role in the segment's expansion. Healthcare professionals are increasingly endorsing copper IUDs due to their cost-effectiveness and longevity, with a lifespan of up to 10 years. This prolonged efficacy minimizes the frequency of replacements, making it an attractive option for users and bolstering market penetration. At the same time, technological advancements in medicine, particularly the introduction of minimally invasive insertion techniques, are further accelerating the adoption rate.
The gynecology clinics end-use segment is expected to expand from 2024 to 2032, driven by increasing adoption to meet patient needs effectively. Gynecology clinics provide patients with a range of IUD options, including hormonal and copper-based devices, to cater to individual needs and preferences. The focus is on offering personalized consultations and ensuring proper placement and follow-up care for optimal effectiveness.
East North Central intrauterine devices industry share in the U.S. is anticipated to depict robust CAGR between 2024 and 2032, propelled by the rising incidence of unplanned pregnancies. Healthcare providers are offering various IUD options to address the diverse needs of individuals seeking reliable contraception. Emphasis is on improving access and educating patients about the benefits of IUDs. Consequently, ongoing research and innovation are enhancing IUD technology and expanding availability in the East North Central region.
Chapter 1 Methodology and Scope
1.1 Market scope and definitions
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Base estimates and calculations
1.3.1 Base year calculation
1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
1.5.1 Primary sources
1.5.2 Data mining sources
Chapter 2 Executive Summary
2.1 Industry 360° synopsis
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Favorable regulatory scenario
3.2.1.2 Rising awareness among women regarding various IUD applications
3.2.1.3 High number of unintended pregnancies
3.2.1.4 Government initiatives for the prevention of unwanted abortions and pregnancies
3.2.1.5 Growing inclination towards planned delayed pregnancy
3.2.2 Industry pitfalls and challenges
3.2.2.1 High cost of device
3.2.2.2 Risk of several health issues
3.2.2.3 Variability in insurance coverage and access
3.3 Growth potential analysis
3.4 Technology landscape
3.5 U.S. intrauterine device units sold, by brand, 2021 -2032
3.6 Future market trends
3.7 Regulatory landscape
3.8 Reimbursement scenario
3.9 Gap analysis
3.10 Porter’s analysis
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company matrix analysis
4.3 Competitive analysis of major market players
4.4 Company market share analysis
4.5 Company positioning matrix
4.6 Strategy dashboard
Chapter 5 Market Estimates and Forecast, By Product, 2021 – 2032 ($ Mn)
5.1 Key trends
5.2 Copper IUD
5.3 Hormonal IUD
Chapter 6 Market Estimates and Forecast, By Age Group, 2021 – 2032 ($ Mn)
6.1 Key trends
6.2 15-19
6.3 20-24
6.4 25-29
6.5 30-34
6.6 35-39
6.7 40-44
6.8 45+
Chapter 7 Market Estimates and Forecast, By End-use, 2021 – 2032 ($ Mn)
7.1 Key trends
7.2 Hospitals
7.3 Gynecology clinics
7.4 Community health care centers
Chapter 8 Market Estimates and Forecast, By Zone, 2021 – 2032 ($ Mn)