- Hormonal Intrauterine Device
- Copper Intrauterine Device
USA Intrauterine Contraceptive Devices Market was valued at USD 1,094.6 million in 2023 and is projected to reach USD 1,379.5 million by 2029. Favourable regulatory environment such as approval of IUDs for younger women who have never given birth and also FDA approval for extended use of IUDs is creating a strong impetus in the IUDs industry. In terms of sales revenue by method, the Hormonal Intrauterine Device segment accounted for more than 83% of revenue share and is projected to grow at 4.0% CAGR over the forecast period. The hormonal Intrauterine Device (IUD) is a highly effective contraceptive method that is becoming more widely available. It has therapeutic and non-contraceptive benefits, including lighter bleeding and pain alleviation, as well as fewer side effects than other hormonal treatments. Hormonal IUDs are one of the most effective forms of reversible contraception available. They have a failure rate of less than 1%, making them highly reliable in preventing unintended pregnancies.
The Hospitals segment accounted for 43.8% revenue share in the USA Intrauterine Contraceptive Devices Market, and the market is projected to grow at 4.3% CAGR over the forecast period.
Community Health Care Center segment accounted for 19.7% of revenue share in the USA Intrauterine Contraceptive Devices Market. Community health centers (CHCs) are an important source of care for many low-income and uninsured women of reproductive age. Over half of community health centers provide IUDs as part of the family planning services.
Growing awareness about the IUD’s driving the market growth in the United States. Public health educators are using social marketing campaigns to raise knowledge of contraceptive options, such as generating video public service announcements and distributing them on social media. For example, Adolescents could be targeted by creating and distributing an educational video on fundamental IUD information. IUDs are also advised for all women by the American College of Obstetricians and Gynecologists (ACOG) and the American Academy of Paediatrics (AAP). Women's use of intrauterine devices has increased as a result of increasing awareness.
Furthermore, due to the lack of access to abortion and increased copayments, the repeal of the Affordable Care Act (ACA) in the United States has prompted a huge number of women to choose for long-acting reversible contraception (LARC), such as IUDs. This is bolstered by technological advancements like reusable and postpartum IUDs, which are expected to boost market development. On university and college campuses, various awareness initiatives about unwanted pregnancies are being held. As a result, demand for IUDs has increased in the United States.
Furthermore, because of the lower cost of these devices, IUDs are one of the most often used contraceptive methods in the United States. According to the Centers for Disease Control and Prevention’s 2017 – 2019 survey 65.3% of 15 – 49 years aged women using the contraception in USA and among these women, 10.4% are using the long-acting reversible contraceptives (LARCs). This number has steadily risen over the years and is projected to continue to rise in the future as more people become aware of the devices' benefits, which is expected to aid the segment's growth over the projection period.
The USA Intrauterine Contraceptive Devices Market was valued at USD 1,094.6 Million in 2023 and projected to grow at a CAGR of 3.9% over the forecast period.
The key market players operating in the United States Intrauterine Devices (IUD’s) Market are Abbvie Inc., Bayer AG, The Cooper Companies Inc.,, Viatris Inc., and Sebela Pharmaceuticals
The base year of the market study is 2023 and the forecast years are 2024-2030