Breast Pump Market Size, Key players Analysis, Future Trends, Revenue and Forecast 2029


Posted May 7, 2024 by Shitalmax

Breast Pump Market size was valued at USD 2.80 Billion in 2023 and the total Breast Pump Revenue is expected to grow at a CAGR of 9.1 % from 2024 to 2030, reaching nearly USD 5.15 Billion in 2030.

 
Anticipated Growth in Revenue:

The Breast Pump Market has experienced significant growth in recent years, with a valuation of USD 2.80 billion in 2023. Projections suggest a robust compound annual growth rate (CAGR) of 9.1%, aiming to reach nearly USD 5.15 billion by 2030. This growth is primarily attributed to the increasing number of working women globally and the demand for convenient breast-pumping solutions.

Report Scope:

The scope of the breast pump market encompasses various types of breast pumps, including electric, manual, and wearable pumps, along with accessories such as storage bottles and bags. The market analysis also considers factors such as technological advancements, market dynamics, competitive landscape, and regional insights.

Request a Free Sample Copy or View Report Summary:https://www.maximizemarketresearch.com/request-sample/10812

Research Methodology:

The research methodology employed in assessing the breast pump market involves gathering data from primary and secondary sources, including industry experts, manufacturers, distributors, and government publications. Comprehensive market surveys, interviews, and analysis of historical data are conducted to provide accurate and reliable insights into market trends and projections.

Drivers:

Several factors are driving the growth of the breast pump industry. The rising workforce participation of women, coupled with supportive workplace policies and initiatives, has created a growing demand for efficient breast-pumping solutions. Additionally, advancements in technology, such as the development of wearable and smart breast pumps, offer mothers greater flexibility and convenience, further fueling market growth.

Restraints:

Despite the positive growth trajectory, the breast pump market faces certain challenges. Maintenance requirements and hygiene concerns associated with some types of breast pumps, along with their relatively high cost, pose barriers to market expansion. Moreover, lack of awareness and understanding, particularly in developing countries, hinders market penetration.

Segmentation:

The breast pump market is segmented based on technology, with electric pumps dominating the market share due to their convenience and efficiency, especially for working mothers. Other segments include manual pumps and wearable pumps, each catering to specific consumer needs and preferences.

by Product

Closed system
Open system

by Technology

Manual
Battery powered
Electric

by Application

Personal use
Hospital grade

Regional Insights:

North America currently leads the breast pump market, driven by factors such as high women workforce participation, advanced healthcare infrastructure, and supportive government policies. Europe is also experiencing significant growth, fueled by increasing birth rates and rising women's employment. Meanwhile, emerging markets in Asia-Pacific and Latin America present untapped opportunities for market expansion.





Breast Pump Market Key Players:

1. Medela LLC (Switzerland)
2. Ardo Medical AG (Switzerland)
3. Philips Avent (Netherlands)
4. Ameda Inc. (United States)
5. Spectra Baby USA (United States)
6. Lansinoh Laboratories (United States)
7. NUK USA (United States)
8. Hygeia Health(United States)
9. Evenflo Feeding (United States)
10. BelleMa (United States)
11. Acelleron Medical Products (United States)
12. Bailey Medical Engineering (United States)
13. Freemie (United States)
14. Willow (United States)
15. Snow Bear (China)
16. RealBubee (China)
17. Mayborn Group Limited (United Kingdom)
18. Tommee Tippee (United Kingdom)
19. Chicco (Italy)
20. Pigeon Corporation (Japan)

Want your report customized? Speak to an analyst and personalize your report according to your needs @:https://www.maximizemarketresearch.com/market-report/global-breast-pump-market/10812/

Key questions answered in the Breast Pump Market report include:

What is the current size and growth trajectory of the Breast Pump market?
What are the key factors driving the growth of the Breast Pump market?
What are the major challenges faced by the Breast Pump market and how are they being addressed?
What are the various types of Breast Pump market available in the market and what are their respective market shares?
Which regions are witnessing the highest demand for Breast Pump market and what are the factors contributing to this demand?
What are the key technological advancements shaping the future of Breast Pump market?
What is the outlook for the Breast Pump market in the coming years and what factors are likely to influence its growth trajectory?

For additional reports on related topics, visit our website:

Global Railway Sleepers Market : https://www.maximizemarketresearch.com/market-report/global-railway-sleepers-market/113617/

Global Aerofoils Market : https://www.maximizemarketresearch.com/market-report/global-aerofoils-market/71949/

About Maximize Market Research:

Leverage deep industry expertise. Maximize Market Research offers a one-stop shop for your business intelligence needs. Our team of specialists, spanning diverse sectors like medical devices, technology, and automotive, brings unparalleled understanding of market dynamics. We provide a comprehensive suite of services, including market size and trend analysis, competitor insights, and strategic guidance, all tailored to your specific industry. With Maximize Market Research, you gain a clear picture of your competitive landscape and make informed decisions for future success.

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 [email protected]
🌐 www.maximizemarketresearch.com
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By MMR
Country India
Categories Health
Tags breast pump market industry breast pump market size breast pump market share breast pump market growth breast pump market trend breast pump market dyn
Last Updated May 7, 2024