India Intrauterine Contraceptive Devices Market Grows

India Intrauterine Contraceptive Devices Market Grows

Technavio,  a UK research company, released an analytic report on the intrauterine contraceptive devices (IUD) industry through 2027

The report says that the market size for IUD has been forecast to grow by $965 million for this period, with a CAGR of 3.98%.  The growth of the market depends on several factors, including the increasing rate of unintended pregnancies and unwanted abortions, the initiatives by government and non-profit organizations, and the high growth of e-commerce platforms.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players.

The intrauterine contraceptive devices market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 vendors listed below, of which 0ne-third are located in India.

  • Bayer AG, Germany
  • DKT International, USA
  • Durbin PLC, UK
  • EurimPharm Arzneimittel GmbH, Germany
  • EUROGINE SL, Spain
  • Gima S.p.A., Italy
  • HLL Lifecare Ltd., Kerala, India
  • Krishco Medical Products Pvt. Ltd., Bangalore, India
  • Laboratoire HRA Pharma SAS, France
  • Melbea Innovations Ltd., Hungary
  • Meril Life Sciences Pvt. Ltd., Gujarat, India
  • Ocon Medical Ltd., Switzerland
  • Pregna International Ltd., Gujarat, India
  • Prosan International BV, Netherlands
  • SMB Corp. Mumbai, India

Other snippets from the report:

  • Based on type, the hormonal intrauterine device segment became the market’s largest segment in 2022.
  • The adverse effects of IUDs are a major challenge to the global intrauterine contraceptive devices (IUD) market growth.
  • The increasing number of unplanned pregnancies and unwanted abortions is the key factor driving the global intrauterine contraceptive devices (IUD) market growth.
  • North America, will account for 33% of the market’s gowth during the forecast period. The U.S. leads the intrauterine contraceptive devices market in North America. The presence of local market players, supportive government initiatives, high awareness, and technological innovations such as postpartum and reusable IUDs drive market growth in the U.S.

About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
India Business Guide
White Papers
Case Studies
Companies In India