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The global breast pump market size is expected to reach USD 3.0 billion by 2027, according to a new report by Radiant Insights, Inc., registering a CAGR of 6.0% over the forecast period.

Rising number of working women globally, increasing incidences of lactation failure among women, and various government initiatives aimed at improving awareness regarding the benefits of breastfeeding are factors driving the market growth.

Additionally, few studies have observed a lactation failure rate among 23-63% women globally in the first four months post-delivery.

Breast pumps allow mothers facing lactation failure and employment challenges to provide proper nutrition to their babies without hampering their professional life.

Further key findings from the report suggest: • The closed system segment is projected to register the highest CAGR over the forecast period as these pumps are relatively more hygienic • On the basis of technology, the electric segment is expected to witness a significant growth rate over the forecast period owing to increasing inclination toward technologically-advanced products • The hospital grade segment dominated the market in 2019 owing to the increase in awareness of the benefits of breastfeeding.

This is attributed to a constantly improving healthcare infrastructure and growing customer awareness about the benefits and application of breast pumps • Key companies in the market include Ameda AG, Bailey Medical, Hygeia Medical Group, Medela AG, Koninklijke Philips N.V., Linco Baby Merchandise Work's Co., Ltd., and Lansinoh Laboratories.

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