Market Size of United States Contraceptive Devices Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 5.12 Billion |
Market Size (2029) | USD 6.82 Billion |
CAGR (2024 - 2029) | 5.93 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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United States Contraceptive Devices Market Analysis
The United States Contraceptive Devices Market size is estimated at USD 5.12 billion in 2024, and is expected to reach USD 6.82 billion by 2029, growing at a CAGR of 5.93% during the forecast period (2024-2029).
Some of the factors such as the increasing number of unwanted pregnancies and the increasing awareness about sexually transmitted diseases (STDs) are propelling the market growth. As per the United Nations' 2019 report on contraceptive use by method, in the United States the estimated prevalence of contraceptive use among women of reproductive age (15-49 years) in 2019 was about 13.7% women used contraceptive pills, 2.3% used contraceptive injectables, 2.7% contraceptive implants, and 8.3% intrauterine contraceptive device. Women and couples are using contraceptives to have healthier pregnancies, and space births, and to achieve their desired family size. This is helping in the growth of the contraceptive devices market in the United States.