Breast Pump Market is Expected to Grow with a CAGR 7.9% from 2022 to 2028
As stated in our extensive report; providing insights Key Drivers, Key Restraints, Segments (i.e., Product, Technology, Application and Region); the Global Breast Pump Market accounted for USD 1,729.5 Million in the year 2021.
“Key Factors Likely to Drive Growth of Breast Pump Market”
A breast pump is a mechanical device that lactating women use to extract milk from their breasts. This device is powered using hand or automatic devices through electricity. It facilitates in prevention of discomfort, reduced the danger of breast infection, and overcomes inverted or flat nipples. In current years, the call for these breast pumps is expanded unexpectedly. Also, the manufacturers additionally have developed pumps that can be a good deal more secure and greater efficient in accumulating milk which additionally grows the demand for those breast pumps.
The growth of the market is largely pushed by increase in the number of women present globally. Working women often use these devices to retain nursing whilst on the job. Many girls locate it useful to save breast milk after returning to work, touring, or being separated from their baby. The breast pump can be used to increase breastfeeding and a few pumps are designed to look like a nursing baby. Breast pumps have emerged as a powerful method for working girls and wearable breast pumps also are designed to make it less complicated. Therefore, the growing employment costs for women substantially drive the growth of the market. Further, the rising population will increase the demand for breast pumps. aside from this, technological advancements in design and effectiveness, which includes double pumping 2-section expression technology, have helped in reducing the extraction time and presenting maximum consolation. This generation also makes it less complicated for women to shift from breastfeeding to pumping.
Similarly, the pricing element is one of the most important restraining elements for the market growth. Excessive pricing of breast pumps creates hesitation amongst users to shop for the product in developing and underdeveloped countries. Moreover, the danger of contamination with foreign materials is expected to hinder the market growth in the years to come.
North America held the largest market share in 2021 owing to increasing awareness about breastfeeding, advanced healthcare infrastructure, and better access to these devices in the region. Further, the emerging economies are also expected to witness steady growth in the upcoming years.
Some of the key players in the Global Breast Pump Market include- Ameda (Magento Inc.), Hygeia Health, Medela AG, Koninklijke Philips N.V., Lansinoh Laboratories Inc., Pigeon Corporation, Motif Medical, Chiaro Technology Limited (Elvie), Willow Innovations Inc., Spectra Baby USA and others.
Browse the full Report - Breast Pump Market Size, Share & Trends Analysis Report by Product (Open System, Closed System), by Technology (Manual Pumps, Battery Powered Pumps, Electric Pumps), by Application (Personal Use, Hospital Grade), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)