Breast Pump Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Financial Impact Analysis)
ID : MRU_
302522 | Date :
Oct, 2021 | Pages :
164 | Region : Global |
Publisher : RI
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Breast Pump market including various factors related to and dependent influencing the market growth.
Breast pumps are devices used to suction milk from the breasts of lactating mothers and store it in a container to provide a continuous supply of breast milk for feeding their infants as and when required. For instance, when the mothers are not able to feed directly or are away for work, the stored milk can be fed to the infant by the caretakers. Breast pumps assist in triggering the milk ejection response from lactating mothers by creating a seal around the nipple and applying and releasing pressure.
The growth of the market is attributed to the rapid increase in working women population, inadequate maternity leave period and the growing awareness about the benefits and importance of breastfeeding. Other factors such as favourable reimbursement scenario, increasing healthcare expenditure by the government and technological developments in electric breast pumps will also help in the growth of the market. On the other hand, barriers such as high risk of contamination mainly in open system breast pumps, high maintenance of electricity battery pumps and hospital grade pumps, high cost of breast pumps coupled with low awareness, especially in under-developed countries such as Nigeria, Afghanistan and Bhutan are likely to restrain the market growth.
The world breast pump market is segmented on the basis of technology, product type, application and geography. On the basis of technology, the market is segmented into manual breast pumps, battery powered breast pumps and electric breast pumps. By product type, the market is segmented into closed system breast pumps and open system breast pumps. Closed system breast pumps are both the highest revenue generating segment as well as the highest growing segment owing to higher benefits such as reduced risk of contamination and a preventive barrier between the pump and the milk collection kit. Based on application, the market is segmented into personal use pumps and healthcare/hospital grade pumps. In terms of geography, the market is segmented into North America, Europe, Asia-Pacific (APAC) and Latin America, Middle East and Africa (LAMEA).
The North America breast pump market will be the leading revenue-generating region whereas Asia-Pacific will be the highest growing region, owing to growing demand for breast pumps. Asia-Pacific breast pump market is set to grow at a promising CAGR of approximately 10% from 2015 to 2022, due to factors such as rising disposable income and highly unmet medical needs.
The global Breast Pump market is valued at xx million US$ in 2020 and will reach xx million US$ by the end of 2030, growing at a CAGR of xx% during 2023-2030. The objectives of this study are to define, segment, and project the size of the Breast Pump market based on company, product type, end user and key regions.
This report studies the global market size of Breast Pump in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Breast Pump in these regions.
This research report categorizes the global Breast Pump market by top players/brands, region, type and end user. This report also studies the global Breast Pump market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Breast Pump market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Breast Pump market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Breast Pump market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Breast Pump Market: The major competitors working in the market are:
, Philips, Medela, Pigeon, Ameda, Spectra Baby Products, Ardo Medical, NUK, Tommee Tippee, Dr.Browns, Chicco, Unimom, Lansinoh, Goodbaby, Evorie, Rikang Baby Products Company, Horigen, Xiaobaixiong Baby Products, Matyz Baby Products Company, Realbubee
Market by Order Type
Manual Breast Pump
Electrical Breast Pump Market size by End User
For Workplace
For Homeuse
Others
Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
The information about the Breast Pump market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Breast Pump Market Report:
To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
To provide an in-depth analysis of the Breast Pump market with information on various segment and sub-segments
To provide a regional analysis and global analysis for the Breast Pump market size and their forecasts
To provide strategic profiles of the key players operating in the Breast Pump market, their key competencies, and market competition
To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
The impact of COVID-19 pandemic on the Breast Pump market
Target Audiences for Breast Pump Market:
Investors
Investment Bankers
Key Consulting Companies and Advisors
Venture Capitalists
Large, Medium-sized, and Small enterprises
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