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U.S. Intrauterine Devices Market Size
U.S. Intrauterine Devices Market size was valued at around USD 1.4 billion in 2023 and is expected grow at a CAGR of 9.5% from 2024 to 2032. Rising awareness among women, supportive regulation and initiatives by government are among the key factors fueling the market growth. Government initiatives in the U.S. aimed at preventing unwanted pregnancies and abortions have significantly driven the growth of the market.
These initiatives focus on increasing access to contraception, providing comprehensive sex education, and supporting family planning services. Federal and state initiatives promoting comprehensive sex education that includes information about various contraceptive methods have led to increased awareness and acceptance of IUDs. As one of the largest providers of reproductive health services in the U.S., Planned Parenthood plays an important role in offering and promoting the adoption of IUDs. Government funding and support for such organizations enhance their capacity to provide these services.
U.S. Intrauterine Devices Market Report Attributes
| Report Attribute |
Details |
| Base Year: | 2023 |
|---|
| U.S. Intrauterine Devices Market Size in 2023: | USD 1.4 Billion |
|---|
| Forecast Period: | 2024-2032 |
|---|
| Forecast Period 2024-2032 CAGR: | 9.5% |
|---|
| 2032 Value Projection: | USD 3 Billion |
|---|
| Historical Data for: | 2021-2023 |
|---|
| No. of Pages: | 120 |
|---|
| Tables, Charts & Figures: | 212 |
| Segments covered: | Product, Age Group, End-use, and Zone |
|---|
| Growth Drivers: | - Favourable regulatory scenario
- Rising awareness among women regarding various IUD applications
- High number of unintended pregnancies
- Government initiatives for the prevention of unwanted abortions and pregnancies
- Growing inclination towards planned delayed pregnancy
|
|---|
| Pitfalls & Challenges: | - High cost of device
- Risk of several health issues
- Variability in insurance coverage and access
|
|---|
For instance, according to a report by the Guttmacher Institute in 2021, the ACA’s contraceptive coverage mandate has significantly increased the use of long-acting reversible contraception (LARC), including IUDs. The significant increase in the use of LARCs underscores the effectiveness of these initiatives in promoting the adoption of IUDs.
Intrauterine devices (IUDs) are small, T-shaped contraceptive devices inserted into the uterus to prevent pregnancy. These devices are made of flexible plastic and are designed to be a long-term, reversible form of birth control.
