Uploaded on Oct 13, 2020
Global Breast Pump Market is expected to grow at a CAGR of 6% to reach US$ XX million in 2026. https://www.maximizemarketresearch.com/market-report/global-breast-pump-market/10812/
Global Breast Pump Market
Global Breast Pump Market is expected to grow at a CAGR of 6% to reach US$ XX
million in 2026.
The growth is coupled with the factors including changing lifestyle, advanced
technologies including innovation of hands-free breast pumps, rising
disposable income, and rising awareness about the products. Other factors
including rising population, an increasing rate of women employment and
increasing birth rates in developing and underdeveloped economies also
expected to drive the Global Breast Pump Market through the forecast period.
Moreover, working women hold rising disposable income and less time for
breastfeeding the babies. Thus, those women will be the ideal customers for
breast pumps. Further, developed economies such as Germany and U.S. have made
it mandatory for companies to have break policies during work hours for
lactating mothers to pump breast milk. According to the Centre for Economic &
Policy Research (CEPR), in 2016, in Canada, Germany, Japan, UK and France, the
employment rate for women has been growing thus such factor is boosting
industry growth. Additionally, improving healthcare infrastructure is
projected drive the Global Breast Pump Market through the forecast period.
In 2017, North America held the highest market share driven by factors
including rising awareness about breastfeeding and a high women employment
rate. Other factors including favorable reimbursement scenario in the U.S. for
visiting lactation consultants and for purchasing breast pumps also expected
to drive the market through the forecast period. U.S. market held more than
80% out of the total North American market due to favorable reimbursement
scenario coupled with surging adoption of the breast pump.
The Asia Pacific is expected to have a higher growth rate in the forecast
period. The growth rate is coupled with the presence of numerous untapped
opportunities in emerging economies such as India and China. Other factors
including rapid economic development, increasing healthcare expenditure,
growing awareness levels, and rapidly increasing rate of employment among
women also expected to drive the Global Breast Pump Market through the
forecast period.
Closed system breast pump held the highest Global Breast Pump Market share in
2017. The demand is driven by the factors including increased usage rates and
it offers a more hygienic milk collection mechanism since as it is not exposed
to air at all. Benefits with closed system pump include proper filtration,
thus reducing the growth of mold or other infectious particles and proper
hygiene is maintained.
The objective of the report is to present comprehensive Global Breast Pump
Market including all the stakeholders of the industry. The past and
current status of the industry with forecasted market size and trends are
presented in the report with analysis of complicated data in simple language.
The report covers all the aspects of industry with dedicated study of key
players that includes market leaders, followers and new entrants by region.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic
factors by region on the market have been presented in the report. External as
well as internal factors that are supposed to affect the business positively
or negatively have been analyzed, which will give clear futuristic view of the
industry to the decision makers.
The report also helps in understanding Global Breast Pump Market North
America for Asia Pacific dynamics, structure by analyzing the market segments,
and project the Global Breast Pump Market North America for Asia Pacific
size. Clear representation of competitive analysis of key players by type,
price, financial position, product portfolio, growth strategies, and regional
presence in the Global Breast Pump Market North America for Asia Pacific
make the report investor’s guide.
https://www.maximizemarketresearch.com/market-report/global-breast-pump-
market/10812/
Market Segmentation
• Global Breast Pump Market, By Product
o Closed system
o Open system
• Global Breast Pump Market, By Technology
o Manual
o Battery powered
o Electric
•Global Breast Pump Market, By Application
o Personal use
o Hospital grade
The above data will be provided for following regions/countries from 2018-2026
(USD Million)
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Spain
o Italy
• Asia Pacific
o China
o India
o Japan
o Australia
• Latin America
o Argentina
o Brazil
o Mexico
• Middle East and Africa
o South Africa
o Saudi Arabia
What information is covered in a report?
• Actual market numbers from 2013-2017, estimates and forecasts from 2018 to
2024
• Detailed market segmentation and market share analysis of each segment
• Impact analysis of various drivers and trends
• Market segmentation and landscape
• Competitive landscape, 2017
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