Allied Market Research recently published a report, titled, “๐๐ซ๐๐๐ฌ๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐ (๐๐ฅ๐จ๐ฌ๐๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐ซ๐๐๐ฌ๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ, ๐๐ฉ๐๐ง ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐ซ๐๐๐ฌ๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ), ๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ (๐๐๐ง๐ฎ๐๐ฅ ๐๐ซ๐๐๐ฌ๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ, ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ซ๐๐๐ฌ๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ), ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง (๐๐๐ซ๐ฌ๐จ๐ง๐๐ฅ ๐๐ฌ๐ ๐๐ฎ๐ฆ๐ฉ๐ฌ, ๐๐จ๐ฌ๐ฉ๐ข๐ญ๐๐ฅ ๐๐ซ๐๐๐ ๐๐ฎ๐ฆ๐ฉ๐ฌ): ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ, ๐๐๐๐-๐๐๐๐.” According to the report, the global Breast Pump Market Size was valued at USD 461.10 million in 2020 and is poised to Reach USD 890.73 million by 2030 witnessing a Growing CAGR of 4.6% from 2022 to 2030.
The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining competitive edge in the market.
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ซ๐๐๐ฌ๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ?
Increase in number of working women across the globe, rise in healthcare expenditure by the government, favorable reimbursement scenario, and technological developments in electric breast pumps drive the demand for the global breast pumps market. However, risk of contamination with foreign substances and high pricing of breast pumps impede the market growth. On the other hand, surge in various developmental strategies among the key players, high market potential in untapped developing countries, and development of pipeline products are anticipated to pave the way for multiple opportunities in the industry.
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๐๐จ๐ฉ ๐๐ซ๐๐๐ฌ๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:-
โข Ameda, Inc.
โข Medela AG.
โข Pigeon Corporation.
โข Philips
โข Hygeia HMO
โข Babybelle Asia Ltd.
โข Linco Baby Merchandise Works Co. Ltd.
โข Ardo medical AG
โข Albert Manufacturing USA
โข Willow Innovations, Inc.
๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐๐๐ฌ๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:-
Based on product type, the open system breast pump segment held the lion’s share in 2020, contributing to more than half of the global breast pumps market, and is expected to continue its lead during the forecast period. Moreover, this segment is expected to witness the highest CAGR of 6.9% by 2030, owing to their wide availability.
By technology, the electric breast pumps segment accounted for nearly three-fifths of the global breast pumps market share in 2020, and is anticipated to retain its dominance throughout the forecast period. This is owing to the rapid output and higher availability of single as well as double electric-based breast pumps. Moreover, the same segment is expected to witness the highest CAGR of 7.0% by 2030.
By region, North America, garnered the major share in 2020, contributing to nearly half of the global breast pumps market and is expected to dominate the market during the forecast period. However, Asia-Pacific region is expected to witness the fastest CAGR of 8.2%. This is due to the rise in infant population, the surge in awareness regarding the importance of breast milk, and increasing employment among the women.
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
- How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
- Which region has more opportunities?
By Region Outlook
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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