Intrauterine devices market to reach US$7.53b by 2032

The report attributed the growth to the increased awareness of IUDs.

The global intrauterine devices (IUD) market is projected to reach US$7.53b by 2032 at a compound annual growth rate of 3.88% from 2024 to 2032, according to a Research and Markets report.

The report attributed the growth to the increased awareness about long-term contraception as more women are becoming informed about the advantages of IUDs over short-term contraceptive methods like pills or patches.

Campaigns by health organisations and government initiatives promoting family planning are also leading to higher adoption.

Moreover, as IUDs offer a long-term solution with minimal intervention, it is gaining popularity amongst women seeking contraception without daily maintenance.