Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Breast Pumps Market Worth US$ 5.5 Billion at a CAGR of 10.4% from 2019 to 2027 | Transparency Market Research

Description:

Transparency Market Research (TMR) has published a new report titled, ‘Breast Pumps Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027’. According to the report, the global breast pumps market was valued at US$ 2.3 Bn in 2018 and is projected to expand at a CAGR of 10.4% from 2019 to 2027.

Overview

  • A breast pump is a medical device that is used by lactating women for extracting milk from their breasts if they found it difficult by natural lactation or not sufficient mil is produced by them.
  • These mechanical devices may be manual devices powered by hand or foot movements or automatic devices powered by electricity for end use
  • Manual breast pumps are operated by squeezing or pulling a handle in a repetitive fashion, allowing the user to directly control the pressure and frequency of milk expression
  • North America dominated the global breast pumps market in 2018 and the trend is anticipated to continue during the forecast period for both in terms of value and volume.

Request Brochure of Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=687

Growing rate of employed women across the globe and government support policies for breastfeeding to Drive Market

  • Supporting government initiatives aimed at improving consumer awareness levels for breastfeeding is likely to fuel the growth of global breast pumps market
  • Rising employed women ratio across the world and launch of technological advanced products in recent years are also some of the key factors for the growth of global breast pumps market
  • Rising incidences of lactation failure among mothers, improving healthcare infrastructure, and favorable reimbursement policies in developed countries are some of the major factors responsible for the growth of global breast pumps market
  • For instance, under the Patient Protection and Affordable Care Act (PPACA), in the U.S. several insurance companies are offering variety of breast pumps for the ease of women’s convenience

Request for Analysis of COVID-19 Impact on Breast Pumps Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=687

Double Electric Breast Pump Segment to Dominate Market

  • Based on product type, the global breast pumps market has been divided into single electric breast pump, double electric breast pump, and manual breast pump
  • In terms of value double electric breast pump is accounted for major market share in 2018 due to higher cost of product, and growing inclination of consumers toward technologically-advanced products
  • Based on volume single electric breast pump dominated the global market in 2018 due to ease of use, simple operation, and comparatively lesser time than manual breast pump required for process

Personal Use Application to be Highly Lucrative Segment

  • In terms of application, the global breast pumps market has been bifurcated into hospital grade, and personal use
  • Personal use segment dominated the global breast pump market in 2018 and during the forecast period
  • Personal use segment is also more lucrative segment during the forecast period owing to affordable price of products, growing trend of using in home breast pumps among working women, and favorable policies for reimbursement

Request for Custom Research – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=687

North America to Dominate Global Market

  • In terms of region, the global breast pumps market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
  • North America dominated the global breast pumps market in 2018, followed by Europe by both in terms of value as well as volume
  • North America accounted for major share of the global breast pumps market in 2018, owing to higher women employment rate, favorable reimbursement policies, established healthcare infrastructure, and government support policies for working women
  • For instance, according to U.S. Department of Labor Blog, there are 74.6 million women in the civilian labor force and around 47% of U.S. workers are women.
  • The breast pumps market in Asia Pacific is anticipated to expand at a higher CAGR from 2019 to 2027. This can be attributed to rising women workforce which demands higher volume of breast pumps in coming years and growing investment made by the government in healthcare sector

Buy Breast Pumps Market Report at https://www.transparencymarketresearch.com/checkout.php?rep_id=687&ltype=S

Competitive Landscape

  • The global breast pumps market is fragmented in terms of number of players. Key players in the global market include Pigeon Group (Pigeon Corporation), Medela AG, Koninklijke Philips N.V., Ameda, Inc., Ardo Medical Ag, Evenflo Feeding, Inc., Mayborn Group Limited, Spectra Baby USA, Albert Manufacturing USA (Albert Group), and Hygeia Health, among others.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact Us

Mr. Rohit Bhisey

Transparency Market Research

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Blog: https://tmrblog.com/

Follow UsTwitter | LinkedIn

Press Release Source: https://www.transparencymarketresearch.com/pressrelease/breast-pumps-market.htm