Press release
Breast Pumps Market 2023 : Trends, Growth, Major Players Analysis And Forecast 2032 | Ameda AG, Bailey Medical, Medela AG, Ardo Medical Inc., Linco Baby Merchandise Work's Co. Ltd., Pigeon Corporation
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Breast Pumps Global Market Report 2023 the ncreasing global women's employment acts as the major driver for the breast pumps market's growth in the forecast period. According to monthly data published by the Bureau of Labor Statistics (BLS), women's labor force participation rate was 56.2% in 2020. The breast pumps offer a convenient option for employed women to continue breastfeeding their babies while still at work
The global breast pumps market size grew from $1.02 billion in 2022 to $1.13 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The breast pumps market size is expected to grow to $1.68 billion in 2027 at a CAGR of 10.5%.
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Major competitors in the breast pumps market are Ameda AG, Bailey Medical, Medela AG, Ardo Medical Inc., Linco Baby Merchandise Work's Co. Ltd., Pigeon Corporation, Hygeia Health, Lansinoh Laboratories, Whittlestone Inc., Koninklijke Philips NV, NUK, Tommee Tippee, Horigen, Evenflo Feeding, Dr. Brown's, Babybelle, Beldico, Freemie, Willow, Buettner Frank GmbH, Spectra Baby, Canpol, Chicco, Albert International, FreiCare Swiss GmbH, Goodbaby, Snow Bear, Energizer Personal Care LLC (Playtex Baby), Jarden Corporation, and Mayborn Group Limited.
A key trend in the breast pumps market includes the launch of new breast pump devices with small size and portable features. For instance, in May 2020, Ameda AG, a Switzerland-based manufacturer of hospital strength portable breast pumps & accessories launched its Mya Joy hospital strength personal breast pump which combines safe & powerful pumping in a small and portable design for moms on the go.
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The breast pumps market is segmented -
• By Product: Open System Breast Pump, Closed System Breast Pump
• By Technology: Manual Breast Pump, Battery Powered Breast Pump, Electric Breast Pump
• By Application: Personal Use, Hospital Grade
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the breast pumps market
The Business Research Company's "Global Breast Pumps Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Breast Pumps Market Include:
1. Executive Summary
2. Breast Pumps Market Characteristics
3. Breast Pumps Market Trends And Strategies
4. Breast Pumps Market - Macro Economic Scenario
5. Breast Pumps Market Size And Growth
……………
27. Breast Pumps Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Breast Pumps Market
29. Breast Pumps Market Future Outlook And Potential Analysis
30. Appendix
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