Breast Pump Market to Grow at Consistent Rate During the Forecast Period
Technical advancements in medical
devices to drive the growth of global breast pump market in the forecast
period, 2022-2026.
According
to TechSci Research report, “Global Breast Pump Market By Product Type (Open
v/s Closed Systems), By Technology (Manual v/s Electric), By End User
(Hospitals & Clinics v/s Homecare), By Region, Competition Forecast &
Opportunities, 2026”,
the global breast pump market is projected to grow at an impressive CAGR in the
forecast period, 2022-2026, owing its growth to the attributes like rising
instances of working women globally coupled with rapidly growing newborn
population of the world. Moreover, the newborn child population is more
susceptible to various harmful and immune-suppressing diseases as the immunity and
lymphocyte system of the newborn child in underdeveloped and requires mother’s
milk to sustain the healthy life. Changing lifestyle and working conditions
among the female population is anticipated to support the growth of the market
in the upcoming five years. Also, government support towards the reimbursement
of the medical devices and various related treatment plans will support the
growth of the global breast pump market in the next five years. Furthermore,
market players are investing actively in the research and development for the
availability of the technologically advanced products that would further
enhance the growth of the market. Also, governmental schemes and regulations
that cover the equipment and services promoting the breast pumps and lactation
counselling are anticipated to support the market growth in the upcoming five
years. Breast pumps are the medical devices that create a pressure gradient
between the mother’s breast and collecting containers to collect the breast
milk for the future consumption by the child in case the mother is not there or
is not in a condition to breastfeed the child.
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The global breast pump
market is segmented by product type, technology, end user, competitive landscape,
and regional distribution. Based on technology,
the market is further segmented into manual and electric pumps. Manual pumps
are the breast pump systems that do not require any electric connection or batteries
to operate. These work where a shield like structure is placed over nursing
mother nipple and areola to collect the milk. The lever is squeezed to create a
pressure gradient such that the milk oozes out and is collected in the bottles
or containers attached to the pump. Electric pumps use the electricity for the
operation of the pump to create the pressure gradient. Battery pumps are slowly
gaining the market shares although manual pumps are anticipated to hold the
largest share of the market.
Based on end users the market is further
categorized into hospitals & clinics and homecare. Hospitals & clinics
are anticipated to hold the largest share of the market owing to the number of
new births being carried out in the hospitals and strict directions from the
doctors and experts towards the care of the newborn. Also, homecare systems are
anticipated to hold the fastest growing market due to rising inclination of the
expecting mothers to give birth to their child at home and increasing instances
of the working women that prefer breast pumps instead of breastfeeding.
A partial list of market players includes
Koninklijke Philips N.V., Medela, Inc., Pigeon Corporation, Ameda, Inc., Hygeia
Health, Inc., Linco Baby Merchandise Works Co., Ltd., Lansinoh Laboratories,
Inc., Handi-Craft Company, Mayborn Group, Whittlestone Inc, among others.
Market players are actively investing in the research and development of the medical
devices to achieve the technically advanced products for the efficient results.
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“North America is anticipated to hold
the largest share of the global breast pump market in the next five years on
the account of government and private funding for R&D in medical devices’
technological advancements, the increasing number of healthcare providers, the
increasing newborn population, and rising incidences of working women that have
given birth recently. Asia Pacific is also anticipated to hold promising
grounds for the next five years, owing to the growing population in the smaller
economies of the region. The lack of awareness among the population of the
smaller economies is a minor restraint that new market players can overcome by
creating awareness drives. New market players can strategize for the significant
market share by investing in the research and development of the
technologically advanced products,” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Global Breast Pump Market
By Product Type (Open v/s Closed Systems), By Technology (Manual v/s Electric),
By End User (Hospitals & Clinics v/s Homecare), By Region, Competition
Forecast & Opportunities, 2026”, has evaluated the future
growth potential of global breast pump market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the global Breast Pump market.
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