Breast Pumps Market Expected to Reach USD 2.60 billion Globally in 2022
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Breast pumps are referred to as the medical devices used by lactating mothers to express milk. Additionally these devices are also used to establish milk supply and help relive engorged breasts. These devices are regulated by the U.S. Food and Drug Administration. These pumps are designed to mimic the suckling action of the nursing baby and can act as a supplement to breastfeeding. The demand for these devices is increasing due to the rising number of working women and their growing disposable incomes. Consistent technological advances followed by introduction of breast pumps with enhanced pumping capacity, variable suction pressures, ease of operation will further enhance the acceptance of breast pumps across the globe. On the other hand high cost of these devices and strenuous maintenance of these devices are some of the limiting factors that might restrain the market growth.
There are several types of breast pumps available in the market such as manual, single electric, double electric and hospital grade breast pumps. Pediatrician, lactation consultants and mid wives represent the healthcare professionals who impose a strong influence on the product purchase by the lactating mothers. The breast pumps market has been segmented by the product type into four major categories namely manual, single electric, double electric and hospital grade breast pumps.
Increasing breastfeeding rates across the globe followed by increasing percentage of working women are the major factors that support the growth and acceptance of breast pumps. For instance, as per the data published by Centers of Disease Control and Prevention (CDC), in 2011, around 79% of the U.S. infants were breastfed of which 49% were breastfed at 6 months and remaining 27% at 1 year. Furthermore, around 89% of infants in Canada were breastfed in 2013. In addition, technological advances coupled with favorable reimbursement scenario in developed countries will further propel the market growth. On the other hand, factors such as high price of the devices followed by risk of contamination might hamper the market growth.
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According to a new market report published by Transparency Market Research Breast Pumps Market - Global Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast, 2014 - 2022,” the global breast pumps market was valued at USD 1,194.16 million in 2013 and is estimated to reach USD 2,609.21 million in 2020 growing at 8.8% CAGR from 2014 to 2022.
Breast pumps majorly differ in their mode of operation and technology used in the pumps. Manual breast pumps as the name suggests needs to be operated manually and does not support frequent breast feeding. While single electric breast pumps is upgraded version which runs on electricity and is more efficient than manual breast pumps. Hospital grade breast pumps are by far the most superior type of breast pumps loaded with many features such as high motor capacity, variable suction pressures and can be used by multiple mothers. However, these pumps are not compact to carry due to which are not feasible to use at the workplace. Double electric breast pumps market is anticipated to record highest growth rate during the forecast period from 2014 to 2022, owing to the considerable price and efficient pumping capacity. On the other hand manual breast pumps market is estimated to record the lowest growth rate throughout the forecast period due to strenuous operation and less efficiency. In terms of volume, manual breast pumps market is the largest market segment as compared to others owing to their low cost and easy availability.
Browse the full Breast Pumps Market (Manual, Single, Double Electric and Hospital Grade Breast Pumps) - Global Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast 2014 - 2022 report at http://goo.gl/pbwiJm
There are several types of breast pumps available in the market such as manual, single electric, double electric and hospital grade breast pumps. Pediatrician, lactation consultants and mid wives represent the healthcare professionals who impose a strong influence on the product purchase by the lactating mothers. The breast pumps market has been segmented by the product type into four major categories namely manual, single electric, double electric and hospital grade breast pumps.
Increasing breastfeeding rates across the globe followed by increasing percentage of working women are the major factors that support the growth and acceptance of breast pumps. For instance, as per the data published by Centers of Disease Control and Prevention (CDC), in 2011, around 79% of the U.S. infants were breastfed of which 49% were breastfed at 6 months and remaining 27% at 1 year. Furthermore, around 89% of infants in Canada were breastfed in 2013. In addition, technological advances coupled with favorable reimbursement scenario in developed countries will further propel the market growth. On the other hand, factors such as high price of the devices followed by risk of contamination might hamper the market growth.
Request a Free Sample @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=687
According to a new market report published by Transparency Market Research Breast Pumps Market - Global Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast, 2014 - 2022,” the global breast pumps market was valued at USD 1,194.16 million in 2013 and is estimated to reach USD 2,609.21 million in 2020 growing at 8.8% CAGR from 2014 to 2022.
Breast pumps majorly differ in their mode of operation and technology used in the pumps. Manual breast pumps as the name suggests needs to be operated manually and does not support frequent breast feeding. While single electric breast pumps is upgraded version which runs on electricity and is more efficient than manual breast pumps. Hospital grade breast pumps are by far the most superior type of breast pumps loaded with many features such as high motor capacity, variable suction pressures and can be used by multiple mothers. However, these pumps are not compact to carry due to which are not feasible to use at the workplace. Double electric breast pumps market is anticipated to record highest growth rate during the forecast period from 2014 to 2022, owing to the considerable price and efficient pumping capacity. On the other hand manual breast pumps market is estimated to record the lowest growth rate throughout the forecast period due to strenuous operation and less efficiency. In terms of volume, manual breast pumps market is the largest market segment as compared to others owing to their low cost and easy availability.
Browse the full Breast Pumps Market (Manual, Single, Double Electric and Hospital Grade Breast Pumps) - Global Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast 2014 - 2022 report at http://goo.gl/pbwiJm