Breast pumps are medical devices that are frequently employed by nursing mothers to obtain milk from the breasts. Breast pumps can help a woman produce more milk, relieve swollen breasts and blocked milk ducts, or express flat or indented nipples to help a baby latch onto its mother's breast. When returning to work, travelling, or being away from the baby, most women find using a breast pump to express and store breast milk to be quite simple.
Breast Pump Market Overview
The Breast Pump Market report is a combination of primary and secondary research methods. It includes a detailed analysis of global and regional market size. An in-depth analysis of the Breast Pump market dynamics and regional insights makes the report an investors guide.
Breast Pump Market Report Scope and Research Methodology
The objective of the report is to identify opportunities, restraints, challenges and drivers for the global Breast Pump market. The primary and secondary research methods were employed to collect and verify the data for the Breast Pump market report. The Maximize Market Research Analyst conducted primary research surveys with the identified Breast Pump companies and while interviewing, the respondents were also enquired about their competitors. Through secondary research, the analyst sourced the list of companies in the Breast Pump industry. A detailed examination of the macroeconomic and microeconomic factors that have shaped the Breast Pump industry dynamics has been provided in the report. It offers a SWOT analysis, PESTLE analysis, and Porter's five force analysis of key players and markets that offer key insight into these companies' strengths and weaknesses.
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Breast Pump Market Regional Insights
The report includes several key countries, which includes Breast Pump market size, growth rate, dynamics and a detailed analysis of key players. The regions and the countries covered in the report are:
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC)
- South America (Brazil)
- The Middle East and Africa
Market Segmentation :
Based on product, the closed system market segment dominated the global breast pump market in 2021 with a revenue market share of roughly 68%. The market is anticipated to continue to dominate throughout the forecast period and expand at a CAGR of 10.2%. These systems are more hygienic and free of contamination, which accounts for the increased use of these pumps. Open systems are being replaced by closed systems more and more frequently, and their revenue share is anticipated to rise significantly during the forecast period.
Based on Technology, the electric pumps segment held the largest share in Breast Pump Market market in 2021 and is expected to grow with a CAGR of 8.5% during the forecast period. Electric breast pumps use a motor to provide suction to a horn that fits over the nipple through plastic tubing. It has a lot greater suction, which makes pumping much faster, and it allows you to pump both breasts at the same time. Working moms often choose electric pumps since they can extract more milk in less time.
Market Key Players :
• Ameda AG
• Bailey Medical
• Medela AG
• Philips
• Hygeia Health
• Lansinoh Laboratories
• Buettner Frank GmbH
• Linco Baby Merchandise Works Co., Ltd.
• Whittlestone, Inc.
• Koninklijke Philips N.V.
• Pigeon Corporation
• Acewin Co, Ltd
• Albert Hohlkörper GmBH & Co Kg
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Key Questions answered in the Breast Pump Market Report are:
- Which region’s leading players are expected to expand their footprints in the near future?
- Which are some of the key geographies that are likely to emerge as lucrative Breast Pump markets?
- What is the expected CAGR of the Breast Pump market during the forecast period?
- Which segment emerged as the leading segment in the Breast Pump market?
- What key trends are expected to emerge in the Breast Pump market in the coming years?
- What is the expected Breast Pump market size by 2029?
- Which company held the largest share in the Breast Pump market?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments with their sub-segments and region
- Competitive Landscape – Top Key Players and Other Prominent Players
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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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.
