U.S. Long-acting Contraception Market Worth $2.5 Billion By 2028
U.S. Long-acting Contraception Industry Overview The U.S. long-acting contraception market size was valued at around USD 1.7 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of around 4.69% over the forecast period. The rising adoption of Intrauterine Devices (IUDs) owing to high effectiveness and increasing awareness about sexual health are expected to boost the use of various birth control methods. In recent years, the demand and usage of Long-Acting Reversible Contraception (LARC) have increased in the U.S. The use of LARCs was higher among women aged 30 to 39 years (12.7%) and 20 to 29 years (13.7%), as compared to women aged 40 to 49 years (6.6%) and 15 to 19 years (5.8%) during 2017 to 2019, as per the National Center for Health Statistics. Thus, higher adoption among middle-aged women is propelling the market growth. Gather more insights about the market drivers, restrains and growth of the U.S. Long-acting Contraception Market LARCs do ...