Breast Pumps Market Present Scenario, Key Vendors, Industry Share And Growth Forecast Up To 2027

Precision Business Insights published a research report on "Global Breast Pumps Market by Product Type (Closed system breast pumps, Open system breast pumps), Technology (Manual breast pumps, Electric breast pumps, Single Electric Breast Pumps, Double Electric Breast Pumps, Battery powered breast pumps), Application (Personal use pumps, Hospital/healthcare grade pumps), End User (Hospitals, Breastfeeding centers, Homecare), and Geography- Global/Region/Country Forecast to 2027”.

The Global Breast Pumps market was valued at almost US$ 2.9 Bn in the year 2020 and is anticipated to record US$ 5.4 Bn till 2027 witnessing a CAGR of 9.3% over the forecast period 2021-2027.

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Increasing Awareness about the Advantages of Breastfeeding will Drive Global Breast Pumps Market
Breast pumps are generally used by employed mothers to continuously breastfeed their babies while at work. These are medical devices used to extract milk from lactating mothers. There are different types of breast pumps available in the market commercially electric breast pumps, manual breast pumps and battery-powered breast pumps. Furthermore, even doctors suggest using breast pumps to women for the purpose of stimulating milk supply if the baby is not able to suck milk or in a few medical situations like premature birth, inverted nipples and breast engorgements. Most of the breast pumps available in the market allow collecting pumped breast milk into a container, which can be stored and used afterwards for feeding.

There are some factors, which foster the breast pumps market growth during the forecast years 2021-2027 such as growing disposable incomes, increasing global birth rate and supportive plans by government to enhance the consumer awareness levels. Moreover, technological advancement in electric breast pumps, huge investments made in product manufacturing, growing awareness about the breastfeeding advantages and improving healthcare infrastructure may drive the breast pumps market growth. On the other hand, possible contamination risk particularly concerned with used pumps and high price of advanced devices can restrain the growth of the breast pumps market over the forecast period. Another market driving factor is launching of novel products by numerous international players of the market for increasing revenue share in the market.

North America Witnesses Larger Revenue Share in Breast Pumps Market
North America witnessed for the largest revenue share in the market followed by major regions such as Asia pacific and Europe. Increasing women employment rate in the region is the leading factor to drive the market growth in the region. A few other factors that impel the breast pumps market in North America are approving repayment policies and huge healthcare expenditure in the region. Asia Pacific market is experiencing huge growth due to the increasing birth rate in China and India and growing consumer expenditure on baby care.

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Competitive Analysis
A few of the prominent key players operating in breast pumps market are Medela LLC (Olle Larsson Holding AG) (Switzerland), Koninklijke Philips N.V. (Philips AVENT) (U.K.), Ameda, Inc. (U.S.), Hygeia Health (U.S.), Whittlestone, Inc. (Turkey), Naya Health Inc. (U.S.) Lansinoh Laboratories, Inc. (Pigeon corporation group) (Japan), Bailey Medical Engineering (U.S.) and Linco Baby Merchandise Works Co. Ltd. (Taiwan).

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