Reversible Contraceptive Devices Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Reversible Contraceptive Devices Market Report Overview
The reversible contraceptive devices market size was $2.53 billion in 2023 and is expected to grow at a CAGR of more than 3% during 2023-2033. reversible contraceptive devices are used as birth control to prevent unwanted pregnancy. These devices are implanted into women of child-bearing age, often for long periods.
Reversible Contraceptive Devices Market Outlook 2023-2023 ($ Billion)
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The reversible contraceptive devices market research report explains the market behavior, which will help identify quantitative market trends within the Reproductive Health Devices therapeutic area. The model discusses in detail the impact of COVID-19 on the reversible contraceptive devices market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $2.53 Billion |
CAGR (2023-2033) | >3% |
Historic Period | 2015-2022 |
Forecast Period | 2023-2033 |
Key Segments |
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Key Regions |
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Key Companies |
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Reversible Contraceptive Devices Market Dynamics
IUDs are the most common type of reversible contraceptive device. The use of IUDs ranges from about 4% to 40% among individuals using modern contraceptives, depending on the country and region. This is followed by hormonal implants and diaphragms.
GlobalData expects the use of the reversible contraceptive devices market to grow throughout the forecast period owing to the widespread education about family planning. In addition, the introduction of affordable devices in emerging economies will also propel the growth. However, the launch of new and low-cost technologies and devices that also reduce the risk of sexually transmitted diseases and that have fewer side effects may restrict the demand for reversible contraceptive devices.
Reversible Contraceptive Devices Market Segments
The key segments in the reversible contraceptive devices market are Intrauterine Devices (IUDs), hormonal implants, and diaphragms. In 2023, the Intrauterine Devices (IUDs) devices segment dominated the market share. An Intrauterine Device (IUD) is a small T-shaped device inserted into the uterus to prevent pregnancy.
Reversible Contraceptive Devices Market Analysis by Segments, 2023 (%)
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Reversible Contraceptive Devices Market Segmentation by Regions
The key regions in the reversible contraceptive devices market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, North America was the highest revenue-contributing regional segment. The United States dominates the North American market for reversible contraceptive devices and is expected to grow over the forecast period. The growth is attributed to increasing awareness about family planning from governments.
Reversible Contraceptive Devices Market Analysis by Regions, 2023 (%)
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Reversible Contraceptive Devices Market – Competitive Landscape
The key companies in the reversible contraceptive devices market are:
- Bayer AG
- CooperSurgical Inc
- Organon & Co
- Meril Life Sciences Pvt Ltd
- Pregna International Ltd
In 2023, Bayer AG accounted for the highest reversible contraceptive devices market share, followed by Organon & Co.
Reversible Contraceptive Devices Market Analysis by Companies, 2023 (%)
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Segments Covered in this Report
Reversible Contraceptive Devices Segment Outlook ($ Billion, 2015-2033)
- Hormonal implants
- Intrauterine Devices (IUDs)
- Diaphragms
Reversible Contraceptive Devices Regional Outlook ($ Billion, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions of the market model are –
Currently marketed reversible contraceptive devices market and evolving competitive landscape –
- Insightful review of the key industry trends.
- Annualized total reversible contraceptive devices market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights –
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the reversible contraceptive devices market.
- Competitive dynamics insights and trends provided for the reversible contraceptive devices market.
Understand the market by getting the veritable big picture, including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: AbbVie Inc, Bayer AG, The Cooper Companies Inc, Organon & Co, Meril Life Sciences Pvt Ltd, Pregna International Ltd, Shanghai Dahua Pharmaceuticals Co Ltd, HLL Lifecare Ltd, Kessel Marketing & Vertriebs GmbH, and Others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total reversible contraceptive devices market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the reversible contraceptive devices market.
- Competitive dynamics insights and trends provided for the reversible contraceptive devices market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to –
- Understand the impact of COVID-19 on reversible contraceptive devices.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving reversible contraceptive devices.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the reversible contraceptive devices market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific reversible contraceptive devices market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Bayer AG
CooperSurgical Inc
Organon
Meril Life Sciences Pvt Ltd
Pregna International Ltd
Shanghai Dahua Pharmaceuticals Co Ltd
HLL Lifecare Ltd
Kessel Marketing & Vertriebs GmbH
Others
Frequently asked questions
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What was the reversible contraceptive devices market size in 2023?
The reversible contraceptive devices market size was $2.53 billion in 2023.
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What will the reversible contraceptive devices market growth rate be during the forecast period?
The reversible contraceptive devices market is expected to grow at a CAGR of more than 3% during 2023-2033.
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Which was the leading segment in the reversible contraceptive devices market in 2023?
The Intrauterine Devices (IUDs) segment was leading the reversible contraceptive devices market.
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Which region dominated the reversible contraceptive devices market in 2023?
North America was the largest regional segment of the reversible contraceptive devices market in 2023.
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Which are the key companies operating in the reversible contraceptive devices market?
The key companies in the reversible contraceptive devices market are Bayer AG, CooperSurgical Inc, Organon & Co, Meril Life Sciences Pvt Ltd, and Pregna International Ltd among others.
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