Breast Pumps Market
Breast Pumps Market (Product - Single Electric Breast Pumps Double Electric Breast Pumps, and Manual Breast Pumps; Applications - Hospital Grade and Personal Use) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
Press Release :
Breast Pumps Market: A Snapshot
Increased awareness of natural lactation for babies, and difficulties experienced by women in producing milk due to worsening quality of health around the world are expected to drive major growth for the breast pumps market. Breast pumps introduce natural lactation among women. Natural breast milk is found to be beneficial for providing several health affects including increased protection from certain diseases. However, issues like breast pain among women can reduce the natural supply of milk or unable women to provide milk to babies. The increased advancements in breast pumps making it easier for women to engage in breastfeeding, and increased acceptance of the practice among working women is expected to drive growth of the breast pumps market.
According to TMR experts, the market is likely to register a notable CAGR of 8.9% during 2017-2025. Moreover, the market will likely touch US$ 4.16 bn by 2025 rising from US $ 1.97 bn in 2016.
Personal Use Expected to Drive Highest Growth
Conventionally, breast pumps became popular as they were introduced to women in hospitals to provide maximum comfort for new mothers. However, with growing hectic schedules, and stress at work, more women are adopting this practice on their own and their personal use is expected to drive highest growth in the breast pumps market. The personal use is expected to remain dominant in the market occupying nearly 85% market share during the forecast period. Breastfeeding can provide more protection for babies from allergies, eczema, and diseases like SIDS. The practice is also beneficial for protecting new-borns from ear infections, viruses, and inflammatory bowel disease. The rising awareness of its benefits will drive growth in the breast pumps market in near future.
Double Electric Breast Pumps to Drive Major Growth
The rising awareness of benefits of breastfeeding is apparent in type of breast pumps women purchase currently. Among several products in the market, the double electric pumps remain most popular, occupying 41% of share in the market. The double pumps help lactate more milk in a shorter time span, and one with higher energy content. It also results in an additional let-down reflex, which promises more milk for newborns. The pump also helps with more drainage management in the breast area which works in the advantage of working women. The growing product advancement making way for more comfort, and better nutrition for children are expected to drive growth for the breast pumps market.
Asia Pacific to Present Key Opportunities
Among regions, North America is expected to remain dominant as widespread adoption of breast pump practice, long working hours, and several families with single-moms are expected to drive growth of the breast pumps market. The changing lifestyle, and increased participating of women in working culture are also expected to drive growth of the breast pumps market in Asia Pacific. The large population, largely young demographics, and rising disposable income are expected to generate major opportunities for growth in the Asia Pacific region. The region is expected to grow at the highest CAGR during the forecast period. Moreover, the growing initiative in the region by governments to promote will also create new opportunities for growth in the breast pumps market.
The vendor landscape in the report covers various prominent players existing in the market and what business development strategies they are using. Spectra Baby USA, Mayborn Group Limited Evenflo Feeding, Ardo Medical Ag, Inc., and Albert Manufacturing USA are some of the prominent players present in the breast pumping market globally.
Global Breast Pumps Market: Overview
The report on the breast pumps market analyzes the current and future scenario of the global market. Government initiatives in creating awareness on benefits of breastfeeding, rising working women population worldwide, rising demand for breastfeeding products, and advancement of breast pumps technologies by major key players are the major drivers of the global breast pumps market.
The breast pumps market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments of the market. It also provides information and data analysis of the global breast pumps market with respect to the segments based on product, applications and geography. A detailed qualitative analysis of drivers and restraints of the market and opportunities has been provided in the market overview section. In addition, the section comprises porter’s five forces analysis to understand the competitive landscape in the market. This section of the report also provides market attractiveness analysis, by geography and market share analysis by key players, thus presenting a thorough analysis of the overall competitive scenario in the global breast pumps market.
Global Breast Pumps Market: Key Segments
Based on product, the breast pumps market is segmented as single electric breast pumps, double electric breast pumps, and manual breast pumps. The product market segments have been analyzed based on available products in markets, technological advancement in products development, demand for single electric, double electric and manual breast pumps products, cost-effectiveness, and preference for different types of breast pumps among consumers. The market size and forecast in terms of value (US$ Mn) & volume (Units) for each of these segments have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year.
Based on applications, breast pumps market is segmented into hospital grade and personal use. The market segments have been extensively analyzed based on availability of hospital grade and
personal use breast pumps in the market, pricing of hospital grade and personal use breast pumps, and demand for hospital grade and personal use breast pumps product among consumers and geographical coverage. The market size and forecast in terms of value (US$ Mn) & volume (Units) for each segment have been provided for the period from 2015 to 2025. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2017 to 2025, considering 2016 as the base year.
Global Breast Pumps Market: Regional Outlook
Geographically, the global breast pumps market has been categorized into five major regions and the key countries in the respective region: North America (the U.S., Canada), Europe (the U.K., Germany, France, Spain, Italy, and Rest of Europe), Asia Pacific (Japan, India, China, Australia & New Zealand and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America) and Middle East & Africa (GCC Countries, South Africa and Rest of Middle East & Africa). The market size and forecast in terms of value (US$ Mn) and volume (Units) for each of these regions and the mentioned countries have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year. The research study also covers the competitive scenario in these regions.
Companies Mentioned in Report
The report also profiles major players in the global breast pumps market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players profiled in this report includes Medela LLC., Pigeon Group (Pigeon Corporation), Koninklijke Philips N.V., Ameda, Inc., Ardo Medical Ag, Evenflo Feeding, Inc., Mayborn Group Limited (Shanghai Jahwa Co. Ltd), Spectra Baby USA, Albert Manufacturing USA (Albert Group), Hygeia Health and others.
The Global Breast Pumps Market is segmented as given below: