Press release
Breast Pump Market Set to Surpass USD 5.03 Billion by 2031 Driven by Rising Female Workforce and Technological Innovations in Wearable Devices
Breast Pump Market
According to the latest research by InsightAce Analytic, the global breast pump market will be valued at 2.28 Billion in 2023. It is expected to reach 5.03 Billion by the year 2031, with a CAGR of 10.6% during a forecast period of 2024-2031.
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Breast pumps are medical devices that enable lactating women to extract milk from their breasts through mechanical means. These devices are available in two primary forms: manual pumps, which are operated by hand or foot, and electric pumps, which function using a power source. In addition to facilitating milk extraction for feeding purposes, breast pumps are often recommended by healthcare professionals to address specific breastfeeding challenges. These include assisting with flat or inverted nipples to support infant latching, relieving breast engorgement and blocked milk ducts, and helping to initiate or sustain milk supply when direct breastfeeding is not feasible.
The global breast pump market is experiencing robust growth, primarily driven by the increasing participation of women in the workforce. Working mothers frequently rely on breast pumps to continue breastfeeding while balancing professional responsibilities. The ability to express and store milk provides flexibility for mothers returning to work, traveling, or spending time apart from their infants. Certain breast pumps are specifically designed to replicate an infant's natural sucking motion, enhancing comfort and efficiency. The introduction of wearable and discreet models has further boosted market appeal, particularly among working professionals.
In addition to changing workforce dynamics, rising birth rates and overall population growth are contributing to increased demand for breast pumps. Heightened awareness of the benefits of breastfeeding, supported by improved access to education and healthcare information, is encouraging more mothers to adopt these devices. Growing literacy rates, particularly in emerging economies, have accelerated the acceptance of advanced maternal care technologies. Furthermore, rising disposable income and continuous innovation in pump design and functionality are reinforcing the upward trajectory of the breast pump market globally.
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North America is anticipated to majorly contribute to the breast pump market over the forecast years. The demand for breast pumps in this region is expected to be driven by factors such as the rising rate of female employment, healthcare spending, advanced healthcare infrastructure, and increased awareness of breastfeeding among patients such as lactating mothers. In addition, the Asia Pacific breast pump market is expected to grow significantly during the forecast period, a significant region in the global market. The rising purchasing power, unmet medical demands, ongoing infrastructural improvements in the healthcare sector, and population growth in developing nations like China and India all contribute to the market's expansion in the region.
Major market players operating in the Breast Pump market include Pigeon Corporation, Linc Baby Merchandise Works Co., Ltd, Ardo, Bedlike, BISTOS, Breed, CA-MI, Freebie, Hunker Essa vet Medical, Kawecki, La Diffusion Technique Françoise, Newell Brands, Amada Inc., Hygeia Health, Bailey Medical, Coinlike Philips N.V., Medea LLC, May born Group Ltd., Lansana, Mudpack Swiss Group, Microlite, Nubby, Rumble Tuff, tommie tipped, Trampers Healthcare, Chiara Technology Ltd., Wuxi Xinzhuang Baby Supplies.
Recent collaborations and agreements in the market:
• In November 2020, Medela and Aeroflow Breastpumps teamed up to offer a dream at-home breastfeeding and pump room renovation chance to women across the United States.
• In September 2020, Willow, releasing a revolutionary, wearable breast pump for women, extended USD 55 million to extend its product line to include more options for new mothers.
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Market Segments
Global Breast Pump Market, by Products, 2022-2030 (Value US$ Mn)
• Closed System Breast Pumps
• Open System Breast Pumps
Global Breast Pump Market, by Technology, 2022-2030 (Value US$ Mn)
• Electric Breast Pumps
• Single Electric Breast Pumps
• Double Electric Breast Pumps
• Manual Breast Pumps
Global Breast Pump Market, by End-Users, 2022-2030 (Value US$ Mn)
• Homecare Settings
• Healthcare Facilities
Global Breast Pump Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Breast Pump Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Breast Pump Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Breast Pump Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Breast Pump Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Breast Pump Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global breast pump market
To receive an industry overview and future trends in the breast pump market
To analyze the breast pump market drivers and challenges
To get information on the breast pump market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the breast pump market industry
Read Overview Report- https://www.insightaceanalytic.com/report/global-breast-pump-market/1259
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 607 400-7072
Asia: +91 79 72967118
info@insightaceanalytic.com
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