Global Breast Pump Market: Insights
The global breast pump market is estimated to witness a significant CAGR during the forecast period (2019-2026). The growth of the breast pump market is anticipated to increase with the rising number of new born across the globe. Increasing women employment and improving healthcare infrastructure in developing economies are driving the growth of the market. Breast pump offers immense advantages to working women, such as the milk can be managed very well for the baby according to different timings, it can be stored, filtered and hence working women generally prefer breast pumps. High cost of breast pump device as well as less storage space with breast pump models are some of the factors expected to hamper the growth of breast pump market.
Breast Pump Market: By Product Type
On the basis of product type, the global breast pump market is segmented into open system breast pump and closed system breast pump. The open system breast pump segment is expected to hold the largest market share in the product type segment owing to high usage of these systems as they are relatively more hygienic and contamination free. The closed system breast pump segment is also expected to grow during the forecast period. Closed systems provide a barrier between the collection kit and pumping unit or motor, which prevents the contamination of collected milk. The barrier also ensures that milk particles will not enter the pump tubing or motor. These devices provide better safety for the child’s health, ensure maximum removal of impurities, and are easy to clean.
Breast Pump Market: By Technology
On the basis of technology, the global breast pump market is classified into electric breast pump and manual breast pump. The electric breast pump segment is expected to hold the largest market share in the technology segment. The growth of the segment can be attributed to multiple factors, one of them being easy and hassle free use of pump. Electric breast pumps are powered by a motor which supplies suction through plastic tubing to a horn that fits over the nipple. Electric breast pumps are larger than manual ones, but portable models are available in a backpack or shoulder bag. Some models include battery packs or built-in batteries to enable portable operation of the pump.
Breast Pump Market: By Application
On the basis of application, the global breast pump market is segmented into hospital and personal. The personal segment is expected to hold the largest market share in the application segment. Factors such as growing number of working women, improving healthcare infrastructure in emerging economies and government initiatives in support of employed mothers are some of the factors for the growth of global breast pump market. The hospital segment is also expected to grow due to large number of babies born in hospital. Many new mothers do not have sufficient supply of milk for newborns, more often in case of twins. In such cases, most mothers prefer pumping breast milk, so that it eventually increases the milk supply.
Breast Pump Market: By Region
North America region is expected to hold the largest market share from 2019 to 2026. Factors such as rising rate of female employment, increase in healthcare expenditure, sophisticated healthcare infrastructure and growing awareness about breast feeding amongst patients such as lactating women are anticipated to propel the market of breast pump market in this region.
Asia-Pacific is expected to witness considerable growth in the breast pump market. The growth of the market in the region can be attributed to increasing purchasing power, unmet medical needs, consistent improvement of healthcare infrastructure and the growing population in developing countries such as China and India.
Breast Pump Market: End Use Landscape
The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase Breast Pump. The key end-users of the markets are London Bridge Hospital, Fortis, Vancouver General Hospital, and Northwestern Memorial Hospital among others.
Breast Pump Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Breast Pump Market: Share & Competitor Analysis
Some of the key players operating in the breast pump market include Koninklijke Philips N.V, Medela, Inc., Ameda, Pigeon Corporation, Hygeia Medical Group II, Handi-Craft Company, Mayborn Group, Linco Baby Merchandise Works Co., Ltd, Whittlestone Inc, and Lansinoh Laboratories, Inc. among others.
In May 2018, Ameda announced the expansion of their breastfeeding and breast pumping accessories line, including Ameda Triple Zero Lanolin, Ameda MoistureGuard Premium Nursing Pads, and Ameda PumpEase Hands-Free Pumping Bra
In October 2016, Ameda announced the acquisition of the line of Penguin Nutritional Warming products from Creche Innovations
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