Global breast pumps market (Industry) was valued at USD 1,194.16 million in 2013 and is estimated to reach USD 2,609.21 million in 2020 growing at 8.8% CAGR from 2014 to 2022
Breast pumps are referred to as the medical devices used by lactating mothers to express milk. Additionally these devices are also used to establish milk supply and help relive engorged breasts.
These devices are regulated by the U.S. Food and Drug Administration. These pumps are designed to mimic the suckling action of the nursing baby and can act as a supplement to breastfeeding.The demand for these devices is increasing due to the rising number of working women and their growing disposable incomes. Consistent technological advances followed by introduction of breast pumps with enhanced pumping capacity, variable suction pressures, ease of operation will further enhance the acceptance of breast pumps across the globe.
On the other hand high cost of these devices and strenuous maintenance of these devices are some of the limiting factors that might restrain the market growth.
There are several types of breast pumps available in the market such as manual, single electric, double electric and hospital grade breast pumps. Pediatrician, lactation consultants and mid wives represent the healthcare professionals who impose a strong influence on the product purchase by the lactating mothers.
The breast pumps market has been segmented by the product type into four major categories namely manual, single electric, double electric and hospital grade breast pumps.
This report studies the market for breast pumps by product type. The global breast pumps market has been segmented by product type and market size estimates and forecasts for the period 2012 to 2022 have been provided for each of the segments and sub-segments, in terms of revenue (USD million) and volume (no.
of units). The CAGR (%) of each market segment for the forecast period 2014 to 2022 has been provided along with market size estimations, considering 2013 as the base year.
This exhaustive report includes 16 data tables and 31 figures to give readers a 360° view of the Breast Pumps Market. Browse through this 104-page report to know what factors will shape the market during the period 2014-2022
The market has also been segmented geographically into four regions, namely, North America, Europe, Asia and RoW, and the respective market sizes and forecasts in terms of revenue and volume have been provided for each of these regions. These regions are further broken down by major countries.
The current and future market sizes (in terms of USD million) of the mentioned regional markets and their major countries have been provided in the report for the period 2012 to 2022 with their growth rate (%) for the period 2014 to 2022. The study further offers recommendations and highlights of the market, which would be useful for the current and future market players to sustain and flourish in the global breast pumps market.
The market overview section of the report demonstrates the market dynamics and market trends such as drivers, restraints and opportunities that influence the current and future status of this industry. Impact factors such as event impact analysis, market attractiveness analysis and Porter’s five forces analysis have also been explained in the market overview section of the report, in order to give a thorough analysis of the overall competitive scenario in the global breast pumps market.
The competitive landscape section includes market share analysis of all the leading players in this market, for the year 2013.
The report concludes with the company profiles which incorporates key information such as product portfolio and business strategies about the major market players. Some of the major players profiled in this report include Medela, AG, Philips AVENT, Ameda Breastfeeding Solutions, Lansinoh Laboratories, Inc., Whittlestone, Inc., Hygeia Medical Group, and Bailey Medical.
The global breast pumps market is segmented into the following categories:
Breast Pumps Market, by Product Type
Single Electric Breast Pumps
Double Electric Breast Pumps
Hospital Grade Breast Pumps
Breast Pumps Market, by Geography
Rest of Europe
Rest of Asia Pacific
Rest of the World (RoW) - Brazil, South Africa, Mexico, Rest of Row
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