Global Intrauterine Devices Market to Reach $4.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Intrauterine Devices estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 3.6% over the period 2020-2027. Hormonal Intrauterine Devices, one of the segments analyzed in the report, is projected to record 3.4% CAGR and reach US$3.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Copper Intrauterine Devices segment is readjusted to a revised 4.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 3.4% CAGR
The Intrauterine Devices market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$878.9 Million by the year 2027 trailing a CAGR of 3.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
Select Competitors (Total 44 Featured):
Amid the COVID-19 crisis, the global market for Intrauterine Devices estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 3.6% over the period 2020-2027. Hormonal Intrauterine Devices, one of the segments analyzed in the report, is projected to record 3.4% CAGR and reach US$3.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Copper Intrauterine Devices segment is readjusted to a revised 4.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 3.4% CAGR
The Intrauterine Devices market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$878.9 Million by the year 2027 trailing a CAGR of 3.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
Select Competitors (Total 44 Featured):
- Allergan PLC
- ANI Pharmaceuticals, Inc.
- Bayer AG
- Besins Healthcare (Monaco)
- CooperSurgical, Inc.
- Eurogine, S.L
- HLL Lifecare Ltd.
- HRA Pharma
- OCON Medical Ltd.
- Pregna International Ltd.
- SMB Corporation
- Teva Pharmaceutical Industries Ltd.
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
III. MARKET ANALYSIS
IV. COMPETITION
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