As per this study the Global Breast Pump Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
Breast pump is the device used by lactating mother to extract breast milk. It pumps the milk and stores in a contained that can be used later to feed young ones. These can be operated manually or with help of electric supply. Hospital is the major application area of breast pump however it is also used for personal use by working women. It is also used to stimulated lactation in lactating mothers with low milk supply.
Rising number of workingwomen coupled with rise in birth rate are the prime factors driving the market growth. Increasing awareness regarding benefits of breastfeeding in lactating mothers followed by rise in healthcare expenditure is likely to propel the market growth in forecasting period. Breastfeeding related issues such as poor attachment, nipple soreness, etc. are further fueling the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of breast pump.
The broad breast pump market has been sub-grouped into product, technology and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Closed System
- Open System
- Manual Pumps
- Battery Powered Pumps
- Electric Pumps
- Personal Use
- Hospital Grade
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for breast pump in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Breast Pump Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the breast pump market include Acewin, Albert, Ameda, Ardo, Babybelle, Bailey Medical, Beldico, Buettner-Frank, Hygeia Health, Lansinoh Laboratories, Linco Baby Merchandise Work's, Medela, NUK, Philips, Pigeon and Spectra Baby Products. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.