Breast Pump Market is Expected to Reach US$ 1,049 Million by 2024 – IMARC Group

Global Breast Pump Market Research Report and Forecast 2024

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Global Breast Pump Market Overview: Breast pumps are medical devices which enable extraction of milk from the breast of a lactating mother. Breastfeeding ensures that the child is not deprived of the essential nutrients and minerals which they acquire from the mother’s milk. A breast pump helps the mother in storing the milk beforehand so that it can be fed to the baby later. These devices are often employed by the women who continue to breastfeed their children while continuing their employment. Nowadays, doctors also recommend the use of a breast pump in case the child fails to suckle. A new research report by IMARC Group, titled “ Breast Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, estimates that the global breast pump market was worth US$ 688 Million in 2018. The report further anticipates the market to reach US$ 1,049 Million by 2024, at a projected CAGR of 7.2% over the forecast period.

Global Breast Pump Market Drivers/Constraints: •

One of the primary factors driving the growth of the global breast pump market is technological advancements which offer more discreet devices with enhanced ease of use, comfort and added benefits.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

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120.2 2011

2012

2013

2014

2015

2016

2017

2018

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in Million US$

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180 160 140 120 100 80 60 40 20 0

160.0 2019

175.9

181.2

186.5

165.3

170.6

2020

2021

2022

2023

2024

The surge in the number of working women has enhanced their purchasing capacity, and led to hectic lifestyle and busy schedules. In addition to this, growing awareness about the benefits of breast feeding has augmented the demand for baby care essentials such as breast pumps.

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The governments in both the developed and developing regions are encouraging breast feeding through various awareness programmes and initiatives. This is further projected to provide a positive thrust to the growth of the global breast pump market.

However, there are several factors that hamper the market growth such as the high price of breast pumps, cultural and societal restraints and high maintenance requirements.

Key Market Segmentation: Market Segmentation by Product Type • •

Closed System Breast Pump Open System Breast Pump

On the basis of type, closed system breast pumps exhibit a clear dominance in the global breast pump market followed by open system breast pump. This can be attributed to the increased hygiene and convenience offered by closed system breast pumps.

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Market Segmentation by Technology • • •

Battery-Powered Breast Pump Electric Breast Pump Manual Breast Pump

On the basis of technology, the market is divided into battery-powered breast pumps, electric breast pumps and manual breast pumps. Currently, battery-powered breast pumps account for the largest market share.

Market Segmentation by Application • •

Hospital Personal Care

Based on application, the market has been segmented into hospitals and personal care. Amongst these, hospitals represent the largest application segment, on account of the increasing access to healthcare facilities, particularly in the developing regions.

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Report Description Market Segmentation by Region • • • • •

North America Europe Asia Pacific Latin America Middle East and Africa

Based on geography, North America holds the leading position in the market. Other major regions include China, Western Europe, North East Asia, South East Asia, Middle East and Africa, and Eastern Europe.

Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players.

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Philips Avent Pigeon Corporation

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Medela Ameda Hygeia Medical Group II

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