Press release
Breast Pump Market Still Has Room to Grow: Advanced Product Developments Pigeon, Ardo medical, Evenflo Feeding, Spectra Baby USA
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 Hohlkorper 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.
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Benefits of Breast Pump Market:
Fastest growing geographic breast pump market and it is expected to be the fastest revenue contributor throughout the forecast period.
The market for breast pump is expected to grow significantly due to factors such as high women employment rates, rising healthcare expenditure, rising patient awareness.
Growing healthcare investments from private players and government.
The report highlights the trends prevalent in the global breast pump market and the factors driving the market along with those that act as challenges to its growth.
Product Type Insights-
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.
Strategic Insights-
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.
Market Segmentation:
- By Product Type
Electric Breast Pump
Single Electric Breast Pump
double Electric Breast Pump
Manual Breast Pump
- By Technology Type
Closed System Breast Pump
Open System Breast Pump
- By Distribution Channel
Consumer Stores
Online Distribution
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
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