Rise in Number of New Born Expected to Drive Global Breast Pumps Market: Ken Research
As per analysis, “Breast Pump Market: Current Analysis and Forecast (2021-2027)” the key companies operating in the global breast pumps market include Linco Baby Merchandise WORK CO Ltd., Babybelle and Lansinoh Laboratories, Mayborn Group, Pigeon Corp., Medela Inc., Ameda, Whittlestone Inc., Hygeia medical Group, Philips and among others. Leading companies have produced innovative mammary products with new technologies to increase dairy sales, which should stimulate market growth during the forecast period.
By product type, breast pumps market can be categorized as open system and closed system. Closed system segment dominates the global market owing to increase in benefits such as lower risk of mold formation and contamination. By technology, market can be categorized as electric, battery-powered and manual. Electric pumps segment is expected to exhibit considerable growth rate caused by different customization options coupled with the contamination free milk expression & storage. Battery-powered breast pumps are categorized as primary battery-operated breast pumps and rechargeable battery-operated. These types of pumps work on batteries, they are easy to transport, small in size, and can be used efficiently as they don’t depend on the external electricity source. In addition, by application, market can be categorized as hospital grade and personal use. Hospital grade segment is anticipated to witness higher growth rate because of increase in number of births in hospital during the forecast period.
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Increase in women employment, followed by growth in technological advancements, rise in number of new born, favorable reimbursement policies, rise in alertness regarding advanced & innovative breast pumps and growth in availability of reimbursement are some major factors, which are responsible for growth of the breast pumps market. However, availability of breast milk substitutes and increase in diseases & fertility-related issues may impact the market.
By regional analysis, the North-America is a leading region in global breast pumps market owing to increase in number of breast milk banks, rise in awareness about breast pump medical devices and increase in breast milk donors across the region. The Europe and Asia-Pacific regions are estimated to exhibit substantial growth rate due to growth in healthcare expenditure and increase in government investments in the healthcare sector over the forecast period. It is anticipated that future of the global breast pumps market will be bright on account of growth in technological developments in electric breast pumps during the forecast period.
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Ankur Gupta, Head Marketing & Communications
Ken Research Pvt. Ltd.,
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