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Breast Pump Market Size, Status, Top Players, Trends and Forecast to 2024

09-27-2019 01:31 PM CET | Health & Medicine

Press release from: Qurate Business Intelligence

Breast Pump Market Size, Status, Top Players, Trends

The global Breast Pumps Market was worth USD 0.66 billion in the year 2012 and is expected to reach approximately USD 1.42 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 7.18% during the forecast period. According to information published by UNICEF, there were almost 830 million women working in various industries in 2013. These women face constant pressure to resume work after giving birth and search for items which would assist them in balancing their priorities of work life. The market opportunity for breast feeding pumps incorporates the working ladies in both organized and chaotic segments, and furthermore ladies who remain at home. A portion of the drivers distinguished for Breast Pump Market incorporate the constant suggestion by the healthcare fraternity that children should be breastfed for a period of six months to one year. Additionally, the quick rise in the population of working women, lacking maternity leave period and surging requirement to fulfill nutritional levels are certain factors that are anticipated to boost the development of this market.

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Some of the major players in the market are Linco Baby Merchandise Work's Co.Ltd, Philips AVENT, Ameda Breastfeeding Solutions, Büttner-Frank GmbH, Lansinoh Laboratories, Guangzhou Happy Baby Products Ltd, Bailey Medical Engineering, Whittlestone Inc, Bailey Medical Engineering, MEDELA LLC and Hygeia II Medical Group, Inc.

The rates of breast feeding have been enhancing over the period if past ten years due to rising awareness and support campaigns from international organizations, healthcare providers, non-profit groups and governments. In 2013, as indicated by the information distributed by the United States CDC, out of 76.5% babies who were breastfed, about 49% of the newborn children were breastfed at a half year and the rest 27% were breastfed at 1 years old year. The states in the United States with high rates of breast feeding incorporate Colorado California, Idaho, and Oregon. The Affordable Care Act has an arrangement which commands the insurance agencies to take care of expenses of visits to lactation advisors and expenses of leasing or buying breast pumps. This advantage can be profited by all mothers who are lactating, and are required to fundamentally support utilization rates over the estimate time frame.

In terms of type of product, In light of the kind of item, the market is classified as and closed system and open system pumps. The market was dominated by closed system breast pumps in 2013 with a share of 82 percent. Major factors for such a high share incorporates greatest removal of contaminations, enhanced safety of the child’s health and convenient cleaning of these devices. Moreover, these pumps have a hindrance between an accumulation kit and the pumping unit or motor to keep the milk form getting contaminated and from entering the pump tubing or motor. These advantages are key components ascribing for the portions major share.

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In 2013, North America represented the biggest share of 63 percent. Key components ascribing to its major share are vast number of working women and rising awareness about breast feeding. Additionally, in the United States, initiatives made by the government to give repayment to buying breast pumps and for visiting lactation advisors are relied upon to fundamentally spur utilization rates over the estimate time frame. However, Asia Pacific is anticipated to be the quickest developing area over the gauge time frame, because of high financial improvement, expanding in expendable salaries, rising population of working women, absence of sufficient maternity leave and expanding awareness about the use of breast pumps.

The global Breast pumps market is segmented as follows-

By Product
Closed System
Open System

By Technology
Electric
Manual
Battery Powered

There are 13 Chapters to thoroughly display the Breast Pump Market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications and regions.

Chapter 1: Breast Pump Market Overview, Product Overview, Market Segmentation, Market Overview of Regions, Market Dynamics, Limitations, Opportunities and Industry News and Policies.

Chapter 2: Breast Pump Industry Chain Analysis, Upstream Raw Material Suppliers, Major Players, Production Process Analysis, Cost Analysis, Market Channels and Major Downstream Buyers.

Chapter 3: Value Analysis, Production, Growth Rate and Price Analysis by Type of Breast Pump .

Chapter 4: Downstream Characteristics, Consumption and Market Share by Application of Breast Pump .

Chapter 5: Production Volume, Price, Gross Margin, and Revenue ($) of Breast Pump by Regions (2014-2019).

Chapter 6: Breast Pump Production, Consumption, Export and Import by Regions (2014-2019).

Chapter 7: Breast Pump Market Status and SWOT Analysis by Regions.

Chapter 8: Competitive Landscape, Product Introduction, Company Profiles, Market Distribution Status by Players of Breast Pump .

Chapter 9: Breast Pump Market Analysis and Forecast by Type and Application (2019-2024).

Chapter 10: Market Analysis and Forecast by Regions (2019-2024).

Chapter 11: Industry Characteristics, Key Factors, New Entrants SWOT Analysis, Investment Feasibility Analysis.

Chapter 12: Market Conclusion of the Whole Report.

Chapter 13: Appendix Such as Methodology and Data Resources of This Research.

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Qurate Business Intelligence delivers unique market research solutions to its customers and help them to get equipped with refined information and market insights derived from reports. We are committed to providing best business services and easy processes to get the same. Qurate Business Intelligence considers themselves as strategic partners of their customers and always shows the keen level of interest to deliver quality.

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