Breast Pump Market is expected to exhibit a CAGR of 7.5% During the Period 2024-2031 - Ameda AG, Ardo Medical Inc., Babybelle.

Breast Pump Market is expected to exhibit a CAGR of 7.5% during the forecast period (2024-2031).

Breast Pump Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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A breast pump is a medical device used to extract breast milk for storage and feeding, providing flexibility for lactating mothers. It is particularly useful for working mothers, those with medical conditions, or those feeding premature infants. Breast pumps come in manual and electric variants, with some featuring advanced suction technology and smart tracking apps. They help maintain milk supply, relieve engorgement, and enable shared caregiving. The market is driven by rising breastfeeding awareness and the increasing number of working mothers worldwide.

List of the Key Players in the Breast Pump Market:

Ameda AG, Ardo Medical Inc., Babybelle, Bailey Medical, Beldico, Linco Baby Merchandise Work Co. Ltd, Freemie, Medela AG, Koninklijke Philips NV, Willow.

Market Dynamics:

The demand for breast pumps is rising, driven by increased use in neonatal intensive care units (NICUs), where premature babies are often fed pumped breast milk for better care and recovery. New mothers facing health issues or low milk supply also rely on breast pumps to enhance lactation. Additionally, milk banks, which provide donated breast milk from healthy nursing mothers, have seen growing demand. According to the International Milk Genomics Consortium, Brazil had approximately 219 human milk banks and 196,865 breast milk donors in 2017, one of the highest in the world. Moreover, women's participation in the labor force influences breast pump demand. In 2018, the global women's labor force participation rate was 48.5%, 26.5% lower than men, with a 0.8% higher unemployment rate. The International Labor Organization (ILO) notes progress in employment opportunities and gender equality over the past two decades.

Growth Forecast Projected:

The Global Breast Pump Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Breast Pump Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Breast Pump Market:

By Product: Open System, Closed System, others
By Technology: Battery-powered, Electric, Others
By Application: Personal use, Hospital-grade
Regional Analysis for Breast Pump Market:

The regional analysis of the Breast Pump Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Breast Pump market?

➠ Who are the leading manufacturers in the global Breast Pump industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Breast Pump industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Breast Pump market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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