Press release
Breast Pump Market Size, Share, Growth 2020: Top Leading companies like Pigeon, Ardo medical, Ameda, Medela, Evenflo Feeding, Mayborn Group, Hygeia Healthcare, and Spectra Baby USA
The global breast pump market by product type segments was led by electric breast pump. In 2018, the electric breast pump segment held a largest market share of the breast pump market, by product type. Also, the electric breast pump segment is expected to be the fastest growing segments of the market in 2027 owing to rising demand from hospitals and human milk banks.Get sample PDF copy at: https://bit.ly/3cEN5NL
Organic and inorganic growth strategies were observed in global breast pump industry. The organic strategies which were conducted more compared to the inorganic strategies for the breast pump. For instance, in October, 2017, Medela has expanded its breast milk feeding product portfolio with the accessories and it were launched at ABC Kids Expo in Las Vegas, Nev. The accessories included such as Breast Milk Storage Bags, Quick Clean Breast Pump & Accessory Sanitizer Spray.
Asia Pacific is the fastest growing geographic breast pump market and it is expected to be the fastest revenue contributor throughout the forecast period. Asia Pacific is recognized as a developing market for the human milk banks and child care. The growth is driven by countries such as China, and India which are engaged in conducting several studies.
According to a report published by Bill and Melinda Gates Foundation in 2018, there are almost 250 babies born every minute around the globe. Moreover, according to the Centers for Disease Control and Prevention, the fertility rates for Hispanic women were highest in 2017 among Hispanic women with 67.1 births per 1,000 women. Asian countries such as India and China also have high fertility rates due to factors such as effects of religion, inadequate supply of family welfare services, poverty, and others. According to the World Bank, the fertility rates in India were reported to be 2.23 births per women as compared to 1.80 in the United States and 1.62 in China.
The major players operating in the breast pump market include, Pigeon Corporation, Ardo medical, Inc., Ameda, Inc., Koninklijke Philips N.V., Medela LLC, Evenflo Feeding, Albert Hohlk?rper GmbH & Co. KG, Mayborn Group Limited, Hygeia Healthcare, and Spectra Baby USA. The market has carried out various organic and inorganic growth strategies in the market which has assisted in strengthening their product offering in the market.
Table of Content:
1. Scope of the Study
2. Global Breast Pump Market - Key Takeaways
3. Research Methodology
4. Global Breast Pump- Market Landscape
5. Global Breast Pump Market - Key Industry Dynamics
6. Breast Pump Market - Global Analysis
7. Breast Pump Market Analysis And Forecasts To 2027 - Product Type
8. Global Breast Pump Market Analysis - To 2027 - Technology Type
9. Breast Pump Market Analysis And Forecasts To 2027 - Distribution Channel
10. Breast Pump Market Revenue And Forecasts To 2027 - Regional Analysis
11. Breast Pump Market Industry Landscape
12. Breast Pump Market-Key Company Profiles
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