United States Contraceptive Devices Market

United States Contraceptive Devices Market Overview:

The United States contraceptive devices market is projected to exhibit a growth rate (CAGR) of 5.60% during 2024-2032. The market is significantly expanding due to the increasing demand for and awareness of effective contraceptive methods. The market is further being driven by the enhanced access to affordable healthcare facilities, the easy availability of contraceptive devices, and significant technological advancements, along with the extensive research and development (R&D) activities.

United States Contraceptive Devices Market Trends:

Escalating Demand for Long-Acting Reversible Contraceptive (LARCs)

The United States contraceptive devices market is experiencing the rising demand for long-acting reversible contraceptives (LARCs), which include contraceptive implants and intrauterine devices (IUDs). According to a research article published by National Institutes of Health in 2023, a significant year-over-year increase has been observed in the United States for the adoption of LARCs. Moreover, 14% women using contraceptive devices has preferred a form of LARC. This trend is primarily driven by their improved effectiveness, longer duration of functionality, and minimal user involvement in comparison to conventional contraceptive methods. With the rising awareness about the benefits of LARCs, the policymakers as well as healthcare providers are rapidly endorsing them as a reliable device for birth control. In addition to this, insurance policies for such methods under Affordable Care Act of U.S.A has further accelerated their adoption among numerous demographic groups, thus contributing to the market expansion significantly.

Increasing Technological Advancements and Innovations

Technological advancements are notably steering the U.S. contraceptive devices market, with manufacturers currently emphasizing on developing products that improve user experience and lower side effects. Innovations in IUDs, including hormone-releasing devices that provide therapeutic effects as well as contraceptive benefits for medical cases like heavy menstrual bleeding, are gaining momentum. In addition to this, enhancements in design and material, such as more comfortable, smaller devices, are appealing new users. According to a research article published in NPJ Women’s Health journal in July 2024, polymer composites and coatings are currently being researched for the coating of copper-IUDs, which can successfully lower corrosion as well side effects. Furthermore, these polymers are efficient in lowering the burst effect within the initial implantation months. Furthermore, such improvements address the evolving demands of consumers as well as align with preferences of healthcare providers, which, in turn, drives the market toward growth. 

Expanding Product Access Through E-commerce and Retail Channels

The U.S. contraceptive devices market is witnessing significant growth through expanded access via e-commerce platforms and retail pharmacies. The approval of various contraceptive devices for over-the-counter (OTC) sales, combined with a surge in digital health platforms providing telehealth consultations, has made these contraceptive devices more easily accessible to a broader consumer base. According to a research article published in the journal Contraception in April 2023, a study conducted in the United States revealed that 57% of the respondents preferred using over-the-counter contraceptive solutions. Additionally, as per a survey report published by Women Health Policy in April 2023, 26% users were found to purchase contraceptive solutions via telecontraception. Moreover, this shift is especially significant in targeting younger individuals and demographic in underserved or remote regions. Furthermore, the convenience of online buying and direct-to-consumer systems caters to the increasing demand for accessible and discreet contraceptive solutions, thus fostering market expansion.        

United States Contraceptive Devices Market News:

• In August 2024, CooperSurgical, a U.S.-based women health and contraceptive devices company, announced the strategic acquisition of obp Surgical, a U.S.-based company of medical devices, with an investment of approximately USD 100 million. This acquisition will aid CooperSurgical in expanding its product portfolio.
• In January 2024, Medicines360, a U.S.-based pharmaceutical organization, announced a partnership with DKT WomanCare. This collaboration targets to expand utilization and access to AVIBELA, a high-quality, cost-effective, long-acting hormonal IUD with over 99% efficiency in preventing pregnancy.
   

United States Contraceptive Devices Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on device type, end user and distribution channel.

Device Type Insights:

• Condoms
• Diaphragms
• Cervical Caps
• Sponges
• Vaginal Rings
• IUDs
• Others
   

The report has provided a detailed breakup and analysis of the market based on the device type. This includes condoms, diaphragms, cervical caps, sponges, vaginal rings, IUDs, and others.

End User Insights:

• Male
• Female
   

A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes male and female.

Distribution Channel Insights:

• Hospital Pharmacies
• Retail Pharmacies
• Online Stores
• Others
   

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes hospital pharmacies, retail pharmacies, online stores, and others.

Regional Insights:

• Northeast
• Midwest
• South
• West
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

United States Contraceptive Devices Market Report Coverage:

Key Questions Answered in This Report:

• How has the United States contraceptive devices market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the United States contraceptive devices market?
• What is the breakup of the United States contraceptive devices market on the basis of device type?
• What is the breakup of the United States contraceptive devices market on the basis of end user?
• What is the breakup of the United States contraceptive devices market on the basis of distribution channel?
• What are the various stages in the value chain of the United States contraceptive devices market? 
• What are the key driving factors and challenges in the United States contraceptive devices?
• What is the structure of the United States contraceptive devices market and who are the key players?
• What is the degree of competition in the United States contraceptive devices market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States contraceptive devices market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the United States contraceptive devices market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States contraceptive devices industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.