Albany, New York, May 14, 2018: The global breast pumps market is likely to grow at 4.6% CAGR during the assessment period 2017-2027, according to a new research study added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the report, the breast pumps market is likely to surpass US$ 2.1 Bn by the end of 2027. The report titled “Breast Pump Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)” offers in-depth analysis and insights on the future growth of this market.
The demand for breast pumps will continue to be influenced by a range of broader and industry-specific features. According to the report, increase in the number of women workforce is one of the key factors driving the demand for breast pumps. In addition to this macro factor, demand is also driven by reduction in breast milk, nipple soreness, and other problems associated with breastfeeding.
Growing awareness about the benefits of mother’s milk for the development of the child is also fuelling demand around the globe. The trend is especially gaining ground in developed countries, where a significant percentage of women used to avoid breastfeeding owing to constraints related to time. The availability of a wide range of breast pumps at affordable prices is also boosting adoption.
The report offers in-depth segment-wise analysis to help readers understand the key market dynamics affecting the growth of this market. According to the report, APEJ and MEA are among the most lucrative regions for breast pump manufacturers, on account of high population of women that is entering the workforce. The demand for breast pumps in these countries is likely to provide an impetus to the prospects of the overall market.
Demand for electric breast pumps continues to remain higher than manual variants. The ease of use and requirement of lesser time continue to be key factors that are driving growth. Demand is especially robust in the home care end user segment as a number of women are comfortable using these pumps from the privacy of their own homes.
The research study also analysis and insights on the key players operating in this market. According to the report, some of the key market participants include Pigeon Corporation, Koninklijke Philips N.V., Newell Brands, Goodbaby International Holdings Ltd., Medela Inc., Ameda Inc., Hygeia II Medical Group Inc., Mayborn Group Ltd. Bailey Medical, and Linco Baby Merchandise Works Co., Ltd.
Browse Full Global Breast Pump Market Report with TOC : https://www.mrrse.com/breast-pump-market
Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.
90, State Street
Albany, NY – 12207