The usa intrauterine devices market is projected to reach USD 1,094.6 million in 2023, registering at a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period 2024-2030. The growth of the market is majorly driven by rising awareness about the advantages offer by LARC methods such as intrauterine devices (IUDs), more females are preferring these long-term contraceptive solutions.
The T-shaped birth control device, also known as an intrauterine device or intrauterine contraceptive device, is implanted into the uterus to prevent conception by altering the way sperm travels away from the egg. It is a type of reversible, long-acting birth control. Adolescents and those without children can use it with safety and effectiveness. Based on their capacity to produce hormones, intrauterine devices can be classified as either hormonal or non-hormonal. Within five days of unprotected sex, the non-hormonal copper-containing device is used as an emergency contraception with 99% efficiency against pregnancy.
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The usa intrauterine devices market segmentation:
1) By Method: Hormonal Intrauterine Device, Copper Intrauterine Device
2) By End User: Hospitals, Gynecology Clinics, Community Health Centers, and Others
Due to its simplicity, effectiveness, and manageable side effect profile, hormonal intrauterine devices (IUDs) have the highest market share among all intrauterine devices. By locally releasing hormones into the uterus, these devices reduce cramping and bleeding associated with menstruation and provide an extremely efficient form of contraception. Aside from this, hormonal IUDs offer longer protection. some versions last more than five years which increases user happiness and adherence. The reversible feature of hormonal IUDs, which allows females to quickly restore fertility upon removal, is another factor that positively drives their popularity among patients and healthcare professionals.
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The prominent key players operating in the usa intrauterine devices market is Viatris Inc, Bayer AG, Pregna International Limited, Prosan International BV, Mona Lisa NV, Abviee Inc, Mona Lisa N.V.,, CooperSurgical Inc, Eurogine, S.L., DKT International
Scope of The Report:
- The usa intrauterine devices market research report includes historical data, trending features, and market growth estimates for the future.
- The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
- The market report helps to provide the best results for business enhancement and business growth.
- The report gives a comprehensive overview of both primary and secondary data.
- The market key players covered here to help them strengthen their place in the market.
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