Breast Pump Market | Cost Structure Analysis and Forecast to 2032 – By FMI

Posted by Ganesh Shinde on January 26th, 2023

Breast Pump Market Size is expected to grow at a 4.6% CAGR from 2022 to 2030, reaching US$ 2.45 billion by the end of that year, up from US$ 1.72 billion in 2022.

Healthcare spending in emerging economies is rapidly increasing. This is because advances in healthcare technology and changing lifestyles are fueling the demand for breast pumps among urban women.

According to the World Health Organization, global healthcare spending increased by 2.4% in 2014 compared to 2013. Healthcare spending in developing countries is rising at a rate of 5% per year. Breast pump adoption is expected to increase as healthcare spending rises, particularly in Asia Pacific.

Breast pumps are used by up to 85% of breast-feeding women three months after birth. Furthermore, market discussions suggest that the availability of breast pump accessory products will encourage the use of electric breast pumps in developed markets. In this regard, manufacturers of infant products are increasingly bundling other pump-related products, such as nursing bras and breast pumping bras, in order to sell a complete package of breast pumps, which is always more profitable than individual sales.

Electrical breast pump packages are more popular than manual breast pump products due to their higher output volume. These innovative solutions are expected to drive breast pump market revenues in the global electric breast pumps market during the forecast period.

The report focuses on the potential factors driving the breast pump market's global revenue growth. Breast pumps are medical devices that help lactating women extract breast milk. There are two types of breast pump products available: manual breast pumps and electrical breast pumps. Electric breast pumps are classified into two types: single electric breast pumps and double electric breast pumps.

Breast Pumps Market Segmentation:

By Product Type

• Open System Breast Pumps
• Closed System Breast Pumps

By Technology Type

• Electric Breast Pumps
• Single Electric Breast Pumps
• Double Electric Breast Pumps
• Manual Breast Pumps

 By End User

• Homecare Settings
• Healthcare Facilities

Browse More@ https://www.futuremarketinsights.com/reports/breast-pump-market-122017

Key Market Players:

• Koninklijke Philips N.V.,
• Pigeon Corporation,
• Newell Brands,
• Medela Inc.,
• Ameda Inc.,

•          Ardo Medical AG