Press release
Future of Breast Pumps Market Worldwide, Expectations of reaching US$2.6 bn by 2020
Obtain the Future Market Analysis of Breast Pumps at: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=687
The report analyzes the worldwide breast pumps market on the basis of product and the regional spread of this market. By product, the market has been segmented into manual pumps, hospital-grade pumps, single electric pumps, and double electric pumps.
The single electric breast pumps segment led the global market in 2013. The cost efficiency of single electric breast pumps is considered as the major factor behind the growth of this segment. However, the double electric breast pumps segment is expected to post the fastest growth during the forecast period. Apart from this, the demand for manual breast pumps is also projected to register remarkable growth in the coming years driven by their easy handling, states the research study.
Regionally, the report segments the global breast pumps market into North America, Asia Pacific, Europe, and the Rest of the World. North America dominated the worldwide market in terms of both volume and revenue in 2013. The rising preference for breastfeeding among people in this region has propelled the North America breast pumps market substantially over the past few years. Analysts at TMR expect this trend to continue in the coming years, owing to which North America is expected to maintain its leading position during the forecast period, notes the study.
The breast pumps market in Asia Pacific, Europe, and the Rest of the World has also been anticipated to exhibit healthy growth in the near future, owing to the growing awareness pertaining to the benefits of breastfeeding, states the report.
The report also evaluates the competitive landscape of the global breast pumps market by analyzing the company profiles of major market participants. According to the report, the worldwide market for breast pumps is oligopolistic in nature, with the top three players collectively occupying more than 75% of the overall market.
Read the Present Market Status of Breast Pumps at: http://www.transparencymarketresearch.com/breast-pumps-market.html
NUK USA LLC, Hygeia Medical Group II, Ameda AG, Mayborn Group Ltd., ARDO Medical AG, Pigeon Corp., Lansinoh Laboratories Inc., Whittlestone Inc., Medela AG, Bailey Medical Engineering, and Royal Philips Electronics NV are some of the key breast pump manufacturers mention in this report.
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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