According to the new market research report by IMARC Group, “Breast Pump Market Size: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028″ the global breast pump market size reached US$ 905.7 Million in 2022. Looking forward, the market expected to reach US$ 1,382.3 Million by 2028, exhibiting a growth rate (CAGR) of 7.12% during 2023-2028.
A breast pump is a healthcare device used to extract milk from the breast of lactating mothers. It is used by women to breastfeed their infants at any convenient time. A breast pump prevents discomfort, averts the risk of breast infection and engorgement, relieves mastitis, aids in overcoming inverted or flat nipples and enables mothers to store milk for later use. Moreover, breast pumps are gaining prominence across the globe as doctors recommend them to women to stimulate milk supply when the baby is unable to suck milk.
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Global Breast Pump Market Trends/Drivers, restraints, and opportunities-
The market is primarily driven by the growing awareness regarding the benefits and importance of breastfeeding among women. In addition, a significant rise in the working women population and the increasing number of newborns, especially in emerging economies, are escalating the demand for breast pumps.
Besides this, governments in different countries are implementing initiatives to support working mothers, thus fueling the market growth. They are also utilized by women suffering from several breastfeeding conditions such as poor attachment, breast engorgement and nipple soreness.
Nowadays, the increasing healthcare expenditure and the improving access to medical devices are also contributing to the market growth.
Furthermore, manufacturers are launching double breast pumping 2-phase expression technology, which eliminates fat content from milk and replaces it with high caloric values. These pumps are also safer and more efficient in collecting milk, which is expected to create a positive market outlook in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global breast pump market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type, technology and application.
- Closed System Breast Pump
- Open System Breast Pump
The report has provided a detailed breakup and analysis of the breast pump market based on the type. This includes closed system breast pump and open system breast pump. According to the report, closed system breast pump represented the largest segment.
- Battey-Powered Breast Pump
- Electric Breast Pump
- Manual Breast Pump
A detailed breakup and analysis of the breast pump market based on technology has also been provided in the report. This includes battery-powered breast pump, electric breast pump and manual breast pump. According to the report, battery-powered accounted for the largest market share.
- Personal Care
A detailed breakup and analysis of the breast pump market based on the application has also been provided in the report. This includes hospital and personal care. According to the report, hospital accounted for the largest market share.
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America, Europe, Asia Pacific, Latin America and Middle East and Africa. According to the report, North America was the largest market for breast pumps. Some of the factors driving the North America breast pump market included the growing awareness about the benefits of breast pumps, increasing employment of women, rising healthcare expenditure etc.
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The report has also provided a comprehensive analysis of the competitive landscape in the global breast pump market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Philips Avent, Pigeon Corporation, Medela AG, Ameda Inc and Hygeia Medical Group II. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
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