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Intrauterine Devices Market Share

Report ID: GMI5451
Published Date: Aug 2024
Report Format: PDF

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Intrauterine Devices Market Share

The intrauterine devices industry is consolidated in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel devices with improved efficiency and cost-effectiveness are key market strategies for intrauterine device manufacturers, driving competition and innovation in the industry. This emphasis on innovation aims to address evolving clinical needs and enhance user outcomes, positioning companies to gain market share and meet the growing demand for advanced intrauterine devices.

Intrauterine Devices Market Companies

Some of the eminent market participants operating in the intrauterine devices industry include:

Allergan (AbbVie Inc.)
Bayer AG
Contrel Europe
CooperSurgical Inc.
Durbin
EUROGINE, S.L
Gima S.p.A.
HLL Lifecare Limited
Meril Life Sciences Pvt. Ltd.
Mona Lisa N.V.
Mylan N.V. (Viatris)
OCON Medical Ltd.
Pregna International Ltd.
Prosan International BV
SMB Corporation of India

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Intrauterine devices industry size was worth USD 4.3 billion in 2023 and will expand at 10.3% CAGR between 2024 and 2032, owing to the increasing awareness of long-term contraceptive options along with the rising demand for effective, reversible birth control methods.

The hormonal IUD segment registered USD 2.3 billion in 2023, propelled by its high efficacy, long-term protection, and additional health benefits, such as reduced menstrual bleeding and pain.

North America intrauterine devices industry achieved USD 1.5 billion in 2023 due to high awareness of reproductive health and widespread availability of advanced contraceptive options.

Major firms including Bayer AG, Contrel Europe, CooperSurgical Inc., Durbin, EUROGINE, S.L, Gima S.p.A., HLL Lifecare Limited, Meril Life Sciences Pvt. Ltd., Mona Lisa N.V., Mylan N.V. (Viatris), OCON Medical Ltd., Pregna International Ltd., Prosan International BV, and SMB Corporation of India, are operating in the market.