Intrauterine Devices Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Intrauterine Devices Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Intrauterine devices market size is set to record a 10.3% CAGR during 2024-2032 driven by increasing awareness and acceptance of long-acting reversible contraceptives (LARCs) among women and healthcare providers. Intrauterine devices (IUDs) offer a highly effective, low-maintenance solution for birth control, which contributes to their growing popularity. Advances in IUD technology, such as the development of more comfortable and effective devices, have also enhanced their appeal. For instance, in March 2022, Medicines360 launched the 52 mg Avibela levonorgestrel-releasing IUD in Nigeria. Rising government and healthcare initiatives aimed at improving family planning and reproductive health are also fueling market growth. Many countries are implementing policies to make contraceptive methods more accessible and affordable, which includes expanding the availability of IUDs. The increasing focus on population control and the prevention of unintended pregnancies will further drive the demand for reliable contraceptive options, adding to market growth. The overall industry is classified into product, age group, end-use and region. Based on product, the market size from the copper IUD segment is expected to generate notable revenue by 2032 due to its high efficacy and long-term reliability as a contraceptive method. Copper IUDs, which are hormone-free, provide effective birth control by releasing copper ions that create an inhospitable environment for sperm, thereby preventing pregnancy. The increasing awareness and preference for non-hormonal contraceptive options are also driving higher product adoption. In terms of end use, the IUD market from the gynecology segment is projected to observe a robust CAGR during 2024 – 2032. This is owing to the increasing integration of IUDs into standard gynecological practice for contraceptive management and reproductive health. Gynecologists help in recommending and fitting IUDs by leveraging their expertise to address patient preferences and medical needs effectively. Asia Pacific intrauterine devices industry size will grow substantially between 2024 and 2032 attributed to the rising prevalence of family planning and reproductive health awareness across the region. Increased government initiatives and healthcare programs aimed at expanding access to contraceptives and improving family planning services will contribute to the growing adoption of IUDs, stimulating regional market growth.