Latin America Intrauterine Devices Market Size & Outlook
The intrauterine devices market in Latin America is expected to reach a projected revenue of US$ 356.0 million by 2030. A compound annual growth rate of 3.8% is expected of Latin America intrauterine devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$273.3
Forecast, 2030 (US$M)
$356.0
CAGR, 2024 - 2030
3.8%
Report Coverage
Latin America
Latin America intrauterine devices market, 2018-2030 (US$M)
Related Markets
Latin America intrauterine devices market highlights
- The Latin America intrauterine devices market generated a revenue of USD 273.3 million in 2023.
- The market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
- In terms of segment, hormonal intrauterine device was the largest revenue generating product in 2023.
- Hormonal Intrauterine Device is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 273.3 million |
| Market revenue in 2030 | USD 356.0 million |
| Growth rate | 3.8% (CAGR from 2023 to 2030) |
| Largest segment | Hormonal intrauterine device |
| Fastest growing segment | Hormonal Intrauterine Device |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hormonal Intrauterine Device, Copper Intrauterine Device |
| Key market players worldwide | AbbVie Inc, Bayer AG, CooperSurgical, Eurofins Scientific SE, Pregna International |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.4% of the global intrauterine devices market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 2,436.9 million by 2030.
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Intrauterine Devices Market Scope
Intrauterine devices market segmentation & scope
Intrauterine Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America intrauterine devices market size, by country, 2018-2030 (US$M)
Latin America Intrauterine Devices Market Outlook Share, 2023 & 2030 (US$M)
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