openPR Logo
Press release

Breast Pumps Market: Regional & Competitive Analysis

09-15-2017 02:08 PM CET | Health & Medicine

Press release from: TMR - Research Reports

Transparency Market Research estimates that the global breast pumps market will exhibit a promising 8.8% CAGR over the period between 2014 and 2022 and reach a valuation of US$2.6 bn in 2022 from US$1.1 bn in 2013.

Increased Awareness and Easy Availability of Advanced Products Improve Market Growth Prospects

ViewFull Report: http://www.transparencymarketresearch.com/breast-pumps-market.html

The vast rise in the global demand for a variety of breast pumps can be chiefly attributed to factors such as the mounting global population, rising disposable incomes of the rapidly expanding middle class demographic, and rising awareness about the vast benefits of breastfeeding to the child. The market is also significantly benefitting from favorable reimbursement scenario concerning medical devices in several developed economies. In developing and less-developed economies across regions such as Asia Pacific and Africa, the market for breast pumps is benefitting from the rising demand from the busy urban population and the increasing availability of innovative devices with advanced technology features.

Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=687

North America to Continue to Hold Dominant Share in Global Revenue

Of the key varieties of breast pumps examined in the report, the segment of single electric breast pumps held the dominant share in the overall revenue of the global market in 2013. Reasonable pricing structure and numerous benefits over manual breast pump varieties are among the key factors to have helped the segment amass mass popularity and sales in the past years. In terms of volume, however, the segment of manual breast pumps dominated owing to easy availability and low cost.

In terms of geography, North America accounted for a dominant share in the global market in terms of both revenue and volume share in 2013. The trend is expected to continue over the forecast period as well, with the rising awareness regarding the benefits of breast milk expected to be the key driving force of the market.

Request to download and view full ToC: http://www.transparencymarketresearch.com/report-toc/687

High Cost to Deter Potential Buyers in Cost-sensitive Economies

Of the various challenges faced by the market on a global front, factors such as the high cost of advanced devices and potential risk of contamination, especially concerned with used pumps, are the ones expected to notably hold back the market. The cost factor is especially a significant barrier for developing or less-developed economies and could hinder the growth prospects of the market to a notable extent in the next few years. Nevertheless, the vast untapped opportunities in emerging economies such as India, China and Russia could present promising growth avenues to players offering products targeted at the specific needs of the potential consumers, such as economically-priced products.

The global market for breast pumps features a highly consolidated vendor landscape, with the top three companies cumulatively holding a more than 75% of the market in 2013. The market is witnessing the entry of several new vendors and a number of medical devices companies. As a result, the market is expected to become more competitive in the next few years.

Global Breast Pumps Market Report is available @ US$ 5795

To strengthen their hold on the market or to make their mark, companies need to focus more on product differentiation and improvement, increased investments across high growth potential emerging economies, and extensive marketing initiatives. Strategic collaborations with hospitals, insurance companies and retailers and mergers and acquisitions in order to strengthen hold on the market could also help companies to get better returns in the global breast pumps market. Some of the market’s leading vendors presently are Philips AVENT, Medela, AG, Lansinoh Laboratories, Inc., and Ameda Breastfeeding Solutions.

About Us:
Transparency Market Research (TMR) is a 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 business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact us:
Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Breast Pumps Market: Regional & Competitive Analysis here

News-ID: 720338 • Views:

More Releases from TMR - Research Reports

Visualization and 3D Rendering Software Market: On-Premise Deployment Presently …
The global market for visualization and 3D rendering features a largely consolidated vendor landscape, with the leading three vendors accounting for a nearly 80% of the overall revenue generated in the market in 2016, observes Transparency Market Research in a recent report. These three vendors, namely Autodesk Inc., Dassault Systems, and NVIDIA Corporation, have strengthened their positions in the market with the help of cost competitive pricing, continuous introduction of
Digital Door Lock Systems Market: Enhanced Security Requirements to Propel the D …
According to a new market report published by Transparency Market Research titled “Digital Door Lock Systems Market–Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global digital door lock systems market was valued at US$ 1,059.5 Mn in 2017 and is expected to expand at a CAGR of 30.25% from 2018 to 2026, reaching US$ 14,877.6 Mn by the end of the forecast period. digital door lock systems market
Transportation Management System Market: Advance Technologies in All the Sectors …
A transportation management system (TMS) refers to a subset of supply chain management and is centered mostly on logistics and transportation. The augmented use of cloud computing technologies for managing supply chain activities is one of the significant and major trends that have been prevailing in the world market for transportation management systems. Cloud-based deployments, in general, need less configuration and customization. These two factors are triggering down the cost
Energy Recovery Ventilators Market: Rising Awareness of Importance of Indoor Air …
Characterized by the presence of a handful of dominant players, namely United Technologies Corp., LG Electronics, Daikin Industries Ltd., Fujitsu Ltd., and Munters Corp., the global energy recovery ventilators market features intense competition, reveals Transparency Market Research (TMR) in a new report. Going forward, the rising number of players seeking entry will further intensify competition in the market. Expansion of product portfolio which has been the focus of established companies to

All 5 Releases


More Releases for Transparency

Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use
Transparency Market Research
The global Li-Fi market is expected to exhibit growth at a robust pace between 2016 and 2023. Massive bandwidth owing to the growing RF spectrum crunch, together with a high degree of security and energy efficiency are expected to bolster the global Li-Fi market. While the features offered by Li-Fi and visible light communications (VLC) are quite similar, unlike the latter, Li-Fi does not require line-of-sight between receiver and transmitter. The
Transparency Market Research
A new research report published by Transparency Market Research states that the global dental bone graft substitutes and other biomaterials market is expected to grow due to the continuous rise in periodontal (gum) diseases along with growing incidence of dental fractures. The report, titled “Dental Bone Graft Substitutes and other Biomaterials Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”, is available for sale on
eProcurement: Instant Transparency
ifm Achieves Better Prices in Indirect Procurement with JAGGAER solution Vienna | Research Triangle, NC, USA | Essen, August ​09​, 2017 – ifm, the specialist for sensors in automation technology, has said goodbye to manual processing in indirect procurement once and for all. With the eProcurement digital procurement tool from JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) indirect and direct solution suite, more than 6000 employees
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria. Industrie 4.0 requires intensified collaboration between various tools and systems. Only when