Overview:

The global breast pump market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Breast pump is a device used to extract the milk from the breast of lactating women. These device help to collect the breast milk to feed a child or to store the milk for a specific period of time. There are various types of breast pump available in the market viz. manual breast pump, electric breast pump, and battery operated breast pump.

Market Dynamics:

Growing working population across the globe is a key factor driving growth of the global breast pump market. Increasing number of female workers at every industry and busy lifestyle generates challenges for women to feed their baby at right time. Also, restrictions about working hours and limitations on to carry a child at many workplaces are resulting in growing demand for breast pumps across the globe.

In addition, rising awareness about the benefits of breast milk to a child and growing government initiatives to spread the awareness about breastfeeding are other major factors propelling growth of the target market. Moreover, inclusion of breast pumps in reimbursement policies is expected to further support growth of the global market in the near future.

Key Trends:

Rising product advancements and product launches by key players in the global breast pump market are key trends witnessed in the global market. For example, in September 2018, Chiaro Technology Ltd and Elvie has launched wearable cordless and silent breast pump in the market. In addition, in October 2020, the company has added non-electric and hands-free breast pump and cups in its portfolio.

Regional Analysis:

For detailed understanding of market dynamics, the global breast pump market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America is accounted for major market share in the global market. This is owing to high awareness among consumers about the product availability and use. In addition, high percentage of working women population and high disposable income are other key factors driving growth of the North America breast pump market.

However, Asia Pacific region is expected to witness strong growth in the target market during the forecast period. This is due to, rising government initiative to spread awareness about the breast feeding and increasing industrialization which is resulting in growth of women workforce in many industries in the countries.

Scope of the Report:

Detailed Segmentation:

Global Breast Pump Market, By Product Type:

• Open System Breast Pumps
• Closed System Breast Pumps

Global Breast Pump Market, By Technology:

• Manual Breast Pumps
• Battery Powered Breast Pumps
• Electric Breast Pumps

Global Breast Pump Market, By End User:

• Personal/ Individual
• Hospital/ Healthcare Facility

Key Players Covered:

Key players operating in the global breast pump market includes Lansinoh Laboratories, Inc., Whittlestone Inc., Jarden Corporation, Medela AG, Philips AVENT (Koninklijke Philips N.V.), Bailey Medical Engineering, Mayborn Group Limited, Pigeon Corporation, Ameda, Inc., and Linco Baby Merchandise Works Co. Ltd.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Breast Pump Market by product type, technology, end user, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global breast pump market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.