- Closed system breast pumps
- Open system breast pumps
Breast Pumps market size was valued at USD 1.5 Bn in 2021, growing at a CAGR of 8.1% during the forecast period 2022-2028. Breast pumps are medical devices intended to use for the extraction of milk from the lactating mothers. Mostly, breast pumps are commonly used by employed mothers for continue breastfeeding to their babies while at work. Moreover, doctors also recommend the women to use breast pumps for the stimulation of milk supply when the baby is unable to suck milk or in some medical conditions such as inverted or flat nipples, breast engorgements, and premature birth. Commercially available types of breast pumps are manual, battery-powered, and electric breast pumps. Majority of the breast pumps available in the market allows direct collection of pumped breast milk into a container that can be used for storage and feeding. This market is in growing stage, several international players are actively involved in the launching of new products for breast pumps to increase their revenue growth in the market over the forecast timeframe. Employing novel ideas and concepts, advances in manufacturing techniques and the current set of products are some key strategies followed by players to increase their market share in global breast pumps market. Increasing women employment also propels breast pumps Â size over the forecast period. For instance, in 2010, China has the women employment rate about 63.5% and increased to 63.8% in 2012, while the rate in Germany has increased to 54.1% in 2012 from 53% in 2010. Increase in the awareness of breastfeeding, rise in the global population might fuel the growth of global breast pumps Â over the forecasting period.
Fastest Growing Market
The global breast pumps treatment market is growing at a significant CAGR due to increase in the global women employment rate. Increase in the global birth rate (according to the United Nations, global population is expected to reach 8.5 billion by 2030 and 9.7 billion by 2050), higher disposable incomes, and supportive government initiatives aimed at improving consumer awareness levels might fuel the breast pumps market over the forecast period. Furthermore, improving healthcare infrastructure, technological development of electric breast pumps, rising awareness about the vast benefits of breastfeeding to the child, and increase in the investments in product manufacturing might boost the breast pumps growth over the forecast period. However, the high cost of advanced devices, potential risk of contamination, especially concerned with used pumps, high maintenance requirement electrical hospital grade, and battery pumps might hinder thebreast pumpsgrowth over the forecast period.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.