Breast Pump Market Size (US$ 1,382.3 Million) | Research Report 2023-2028

Industry Report Highlights:

• The global breast pump market size reached US$ 905.7 Million in 2022.
• The market value is projected to reach US$ 1,382.3 Million by 2028, expanding at a compound annual growth rate (CAGR) of 7.12 % during 2023-2028.
• Driven by the desire for parents to return to work immediately after the child's birth.
• Some of the Leading key players in the Industry include Philips Avent, Pigeon Corporation Medela AG, meda Inc, Hygeia Medical Group II

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What are the growth prospects and trends in the breast pump industry?

The escalating demand for these medical devices among nursing mothers for hands-free pumping is among the key elements stimulating the breast pump market. Moreover, the elevating need for mother milk in milk banks for supplying at hospitals to feed premature babies incapable of tolerating artificial feeding formulas is also propelling the market growth. Besides this, the growing awareness about the benefits of giving breast milk to babies for proper development of bones and brain, strengthening the immune system, and lowering the risk of infections is acting as another significant growth-inducing factor.
Furthermore, the increasing integration of compression mechanisms in medical devices to boost the efficacy of the instrument and maintain a continuous flow of milk is further fueling the global market. Apart from this, key market players are developing these appliances that can fit inside a nursing bra and operate via smartphones for extracting milk discreetly, which is positively influencing the market growth. Additionally, the development of eco-friendly medical devices and storage containers to maintain milk quality and reduce the use of plastics is anticipated to fuel the breast pump market over the forecasted period.

Who are the key players operating in the industry?
The report covers the major market players including:
• Philips Avent,
• Pigeon Corporation,
• Medela AG,
• Ameda Inc
• Hygeia Medical Group II.

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What is included in market segmentation?
The report has segmented the market into the following categories:

Type Insights:
• Closed System Breast Pump
• Open System Breast Pump

Technology Insights:
• Battey-Powered Breast Pump
• Electric Breast Pump
• Manual Breast Pump

Application Insights:
• Hospital
• Personal Care

Breakup by Distribution Channel:
• Optical Stores
• Independent Brand Showrooms
• Online Stores
• Retail Stores

Market Breakup by Region:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

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This release was published on openPR.