Breast Pump Market Global Industry Analysis, 2014-2022
The major factors boosting the growth of breast pumps market are increasing working women population, rise in disposable income and growing awareness about importance of breastfeeding. In terms of revenue, closed system breast pumps segment accounted for major share in the world breast pumps market in 2015, and is projected to maintain this trend throughout the forecast period, growing at a faster CAGR of over 6%.
The major factors boosting the growth of breast pumps market are increasing working women population, rise in disposable income and growing awareness about importance of breastfeeding. In terms of revenue, closed system breast pumps segment accounted for major share in the world breast pumps market in 2015, and is projected to maintain this trend throughout the forecast period, growing at a faster CAGR of over 6%.
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<strong>Breast</strong> <strong>Pump</strong><br />
<strong>Market</strong><br />
Opportunities and<br />
Forecasts, <strong>2014</strong>- <strong>2022</strong>
BREAST PUMP MARKET<br />
“The rise in closed breast pumps market can be attributed to lower risk of<br />
contamination, and ease in cleaning process‐. ‐<strong>Market</strong> players have successfully<br />
developed breast pumps with different functionalities such as pumping and bluetooth<br />
facilities, thus making it proficient for the lactating mothers. Furthermore, closed<br />
breast pumps can be reused, without being harmful, thus increasing the convenience<br />
and safety offered by these pumps, which is anticipated to create huge opportunities<br />
for their growth.”<br />
Onkar Sumant
BREAST PUMPS MARKET<br />
OVERVIEW<br />
• <strong>Breast</strong> <strong>Pump</strong>s <strong>Market</strong> report, published by Allied <strong>Market</strong> Research, forecasts that the global<br />
market is Projected to reach $829 million by <strong>2022</strong> from $540 million in 2015, growing at a<br />
CAGR of 6.6% during 2016-<strong>2022</strong>.<br />
• In terms of value, the battery powered breast pumps segment accounted for over twothirds<br />
share globally, in 2015 and is expected to maintain its dominance during the forecast<br />
period. In terms of volume, manual breast pumps segment accounted for one-fourth share<br />
in 2015.<br />
• The major factors boosting the growth of breast pumps market are increasing working<br />
women population, rise in disposable income and growing awareness about importance of<br />
breastfeeding.<br />
• The market for battery-powered breast pumps is expected to grow at a significant rate<br />
owing to the increasing preference for faster, efficient portable pumping systems with an<br />
easy cleaning option.<br />
Read more: https://www.alliedmarketresearch.com/breast-pump-market
GLOBAL BREAST PUMPS MARKET<br />
SEGMENTATION
BREAST PUMPS MARKET<br />
SEGMENTS<br />
By Technology (Value and Volume)<br />
• Battery Powered <strong>Breast</strong> <strong>Pump</strong>s<br />
• Manual <strong>Breast</strong> <strong>Pump</strong>s<br />
• Electric <strong>Breast</strong> <strong>Pump</strong>s<br />
By Product Type (Value and Volume)<br />
• Closed System <strong>Breast</strong> <strong>Pump</strong>s<br />
• Open System <strong>Breast</strong> <strong>Pump</strong>s<br />
By Application (Value and Volume)<br />
• Personal Use <strong>Pump</strong>s<br />
• Healthcare/Hospital Grade <strong>Pump</strong>s
TOP INVESTMENT POCKETS IN<br />
GLOBAL BREAST PUMPS MARKET
BREAST PUMPS MARKET KEY<br />
BENEFITS<br />
• The report provides an in-depth analysis of the breast pump market across major countries,<br />
and total revenue generated during the forecast period.<br />
• Region-wise and countrywide shares in the global breast pump market are<br />
comprehensively analyzed in the report.<br />
• The report helps in understanding the strategies adopted by various breast pump<br />
companies, in order to gain a higher market, share in the global breast pump market.<br />
• Furthermore, key market players within this market have been profiled in this report and<br />
their strategies are analyzed thoroughly. This helps in understanding the competitive<br />
outlook on the supply side of the market.<br />
• The projections in the report are made by analyzing the current market trends and<br />
highlighting the market potential for the period of <strong>2014</strong>-<strong>2022</strong>, in terms of value and<br />
volume.<br />
Read more: https://www.alliedmarketresearch.com/connect-to-analyst/482
BREAST PUMPS MARKET, BY<br />
PRODUCT TYPE, <strong>2014</strong>‐<strong>2022</strong>
BREAST PUMPS MARKET KEY<br />
FINDINGS<br />
• Closed system breast pumps is projected to be the fastest growing segment in terms of<br />
both value and volume, growing at a CAGR of over 6.5% and 7% respectively during the<br />
analysis period.<br />
• Asia-Pacific is estimated to be the fastest growing regional market in breast pumps market,<br />
growing at a CAGR of 9.7%, in terms of value, from 2016 to <strong>2022</strong>.<br />
• In 2015, North America accounted for around three-fifths share of the world breast pumps<br />
market in terms of value.<br />
• Hospital grade breast pumps would be the highest revenue generating segment followed<br />
by personal use breast pump during 2016-<strong>2022</strong>.<br />
• In 2015, battery powered breast pumps was the leading segment and is projected to grow<br />
faster than global breast pump market at CAGR of over 6.4%, in terms of value.<br />
• Mexico is projected to be the fastest growing market in the North American region.<br />
• China and Japan are the leading country markets for breast pumps in the Asia-Pacific<br />
region.
BREAST PUMPS MARKET, BY<br />
GEOGRAPHY, <strong>2014</strong>‐<strong>2022</strong> ($MILLION)
BREAST PUMP MARKET BY<br />
GEOGRAPHY<br />
North America, Europe, Asia-Pacific, LAMEA,
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