Press release
Global Breast Pump Market share forecast to see growth of 7.7% from 2016 to 2024
Global Market Insights, Inc.
Increasing global population, growing women employment rates and rising consumer awareness regarding importance of breast feeding will drive global breast pumps market growth. Favorable reimbursement policies and adoption of technologically advanced products such as hand free breast pumps should fuel breast pumps market growth. Furthermore, increasing patient disposable income and changes in lifestyle should propel business growth.
Growing penetration of electric breast pumps and rapid substitution of closed breast pumps by open system pumps owing to the advantages offered by technologically advanced products will stimulate global breast pumps market size. Closed system pumps were over USD 720 million, attributing for over 85% of industry revenue in 2015. The segment is expected to capture greater market share over the coming years owing to hygienic breast milk collection mechanism.
Request for a sample of this research report - https://www.gminsights.com/request-sample/detail/729
Favorable initiatives taken by insurance companies to cover breast pumps related expenses such as visits to lactation consultants, should spur breast pumps market share. Moreover, introduction of rental facilities on electric breast pumps for consumers who cannot afford to purchase should widen overall consumer base. Presence of large untapped opportunities across India, China and Brazil is expected to fuel breast pumps market growth. Economic development, growing patient disposable income with increasing women employment rates, and rising awareness levels should present manufacturers with lucrative business opportunities.
High prices associated with breast pumps should discourage consumers from purchasing, thus hindering global breast pumps market expansion. The higher prices of devices have a significant impact in developing economies where overall purchasing power is relatively low. However, manufacturers are adopting penetration pricing strategies to capture maximum breast pumps market share.
Browse key industry insights spread across 84 pages with 48 market data tables & 11 figures & charts from the report Breast Pump Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/breast-pump-market
Global breast pumps market is slated to grow from close to USD 850 million in 2015, at more than 7% CAGR.
Battery powered segment was over USD 460 million in 2015 and is anticipated to be worth over USD 816 million by 2024, owing to its ease of use and portability.
Electric breast pumps market size will manifest robust growth of above 10% from 2016 to 2024.
Germany and UK collectively accounted for over 50% of Europe breast pumps market share in 2015. Increasing female employment rate, improving awareness levels and rising disposable income should drive regional breast pumps market growth.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/729
Japan breast pumps market size was valued at over USD 40 million in 2015, with rapidly growing population, rising women employment rate and demographics being demand stimulants.
Brazil breast pump market share was over 47% of the LATAM revenue in 2015, with expectations to surpass USD 14 million by 2024. Improving healthcare infrastructure, favorable economic environment and adoption of technologically advanced breast pumps should spur breast pumps market growth.
The threat of new entrants in the breast pumps market is likely to be higher during forecast period due to presence of relatively less stringent regulatory and product approval environment.
The key industry players include Ameda Breastfeeding Solutions, Philips, Medela, Bailey Medical, Hygeia Medical Group, Energizer Personal Care, and Whittlestone.
Browse Related Reports:
Automated Breast Ultrasound System (ABUS) Market Size By Product (Automated Breast Ultrasound System, Automated Breast Volume Scanner), By End User (Hospitals, Diagnostic Imaging Centers), Industry Analysis Report, Regional Outlook (U.S., Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Russia, China, Japan, India, Australia, Thailand, Saudi Arabia, UAE, South Africa), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 - 2024
https://www.gminsights.com/industry-analysis/automated-breast-ultrasound-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.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 Global Breast Pump Market share forecast to see growth of 7.7% from 2016 to 2024 here
News-ID: 723518 • Views: …
More Releases from Global Market Insights, Inc.
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
Prenatal Vitamin Ingredients Market New Entrants, Risk Factors, Market Expansion …
The rise in the instances of miscarriages on account of poor diet and hygiene will anchor the consumption of prenatal vitamin ingredients. Excessive intake of junk food has resulted in the scarcity of important nutrients in pregnant women that could adversely affect the fetus health and development. Furthermore, prenatal vitamin ingredients possess additional nutritional components that are not so easily sourced from regular food items and products.
Prenatal vitamin ingredients can…
More Releases for Breast
Breast Ultrasound Market Research Report and Forecast to 2028 - Conventional Bre …
A breast ultrasound is an imaging method chiefly utilized to screen for tumours and other breast abnormalities. The ultrasound use high-frequency sound waves for the production of detailed images of the inside of the breasts.
The global Breast Ultrasound Market is expected to grow at a significant CAGR of 14.6% by 2028.
The updated report on the Breast Ultrasound market gives a precise analysis of the value chain assessment for the review…
Breast Imaging Market by Breast Ultrasound, Breast MRI, Automated Whole-Breast U …
Growth of breast imaging market driven by factors like rising incidence of breast cancer globally, growing government investments and funding for breast cancer treatment and related research, increasing awareness about early detection of breast cancer, rising geriatric population, technological advancements in breast imaging modalities, and launch of advanced breast imaging systems capable of detecting cancer in women with dense breast tissues.
Download Free PDF Brochure on Brest Imaging Market Report Now…
Breast Implants Market Report 2018: Segmentation by Product (Silicone Breast Imp …
Global Breast Implants market research report provides company profile for Allergan, Mentor Worldwide LLC, Hans biomed, Establishment Labs, Polytech Health & Aesthetics, Sientra, Inc., GC Aesthetics, Cereplas and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to…
Automated Breast Ultrasound Systems – The Future of Breast Screening
Breast cancer is the most commonly diagnosed type of cancer and the second leading cause of death among women, as evident from stats revealed by the National Breast Cancer Foundation. Growing awareness of breast cancer has increased number of women undergoing breast screening and in turn would propel demand for automated breast ultrasound systems (ABUS) in hospitals and diagnostic centers. ABUS enables physicians to screen women, especially with denser breasts…
Soaring Instances of Breast Cancer to Propel Breast Imaging Market
"The Report Breast Imaging Market (Mammography, Breast MRI, Breast Ultrasound, Tomosynthesis, Nuclear Imaging and Others [Breast Thermography & Bioelectric Imaging]) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"
An intelligence report on the global breast imaging market has been added to the burgeoning portfolio of MarketResearchReports.biz. Titled, “Breast Imaging…
What Is A Combined Breast Augmentation With Breast Lift?
Combined Breast Augmentation And Lift: How Is It Performed?
Surrounding the areola one incisions is made to remove the excess skin and another vertically incisions is made to the base of breasts starting from low part of the areola. Sometimes the scar is referred to as the “Lollipop scar”. Implants are placed through the incisions made and positioned carefully by the surgeon under the pectoral chest muscle, where the implants can…
