Breast Pump Market to Grow at Consistent Rate During the Forecast Period
Technical advancements in medical devices to drive the growth of global breast pump market in the forecast period, 2022-2026.
According to TechSci Research report, “Global Breast Pump Market By Product Type (Open v/s Closed Systems), By Technology (Manual v/s Electric), By End User (Hospitals & Clinics v/s Homecare), By Region, Competition Forecast & Opportunities, 2026”, the global breast pump market is projected to grow at an impressive CAGR in the forecast period, 2022-2026, owing its growth to the attributes like rising instances of working women globally coupled with rapidly growing newborn population of the world. Moreover, the newborn child population is more susceptible to various harmful and immune-suppressing diseases as the immunity and lymphocyte system of the newborn child in underdeveloped and requires mother’s milk to sustain the healthy life. Changing lifestyle and working conditions among the female population is anticipated to support the growth of the market in the upcoming five years. Also, government support towards the reimbursement of the medical devices and various related treatment plans will support the growth of the global breast pump market in the next five years. Furthermore, market players are investing actively in the research and development for the availability of the technologically advanced products that would further enhance the growth of the market. Also, governmental schemes and regulations that cover the equipment and services promoting the breast pumps and lactation counselling are anticipated to support the market growth in the upcoming five years. Breast pumps are the medical devices that create a pressure gradient between the mother’s breast and collecting containers to collect the breast milk for the future consumption by the child in case the mother is not there or is not in a condition to breastfeed the child.
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The global breast pump market is segmented by product type, technology, end user, competitive landscape, and regional distribution. Based on technology, the market is further segmented into manual and electric pumps. Manual pumps are the breast pump systems that do not require any electric connection or batteries to operate. These work where a shield like structure is placed over nursing mother nipple and areola to collect the milk. The lever is squeezed to create a pressure gradient such that the milk oozes out and is collected in the bottles or containers attached to the pump. Electric pumps use the electricity for the operation of the pump to create the pressure gradient. Battery pumps are slowly gaining the market shares although manual pumps are anticipated to hold the largest share of the market.
Based on end users the market is further categorized into hospitals & clinics and homecare. Hospitals & clinics are anticipated to hold the largest share of the market owing to the number of new births being carried out in the hospitals and strict directions from the doctors and experts towards the care of the newborn. Also, homecare systems are anticipated to hold the fastest growing market due to rising inclination of the expecting mothers to give birth to their child at home and increasing instances of the working women that prefer breast pumps instead of breastfeeding.
A partial list of market players includes Koninklijke Philips N.V., Medela, Inc., Pigeon Corporation, Ameda, Inc., Hygeia Health, Inc., Linco Baby Merchandise Works Co., Ltd., Lansinoh Laboratories, Inc., Handi-Craft Company, Mayborn Group, Whittlestone Inc, among others. Market players are actively investing in the research and development of the medical devices to achieve the technically advanced products for the efficient results.
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“North America is anticipated to hold the largest share of the global breast pump market in the next five years on the account of government and private funding for R&D in medical devices’ technological advancements, the increasing number of healthcare providers, the increasing newborn population, and rising incidences of working women that have given birth recently. Asia Pacific is also anticipated to hold promising grounds for the next five years, owing to the growing population in the smaller economies of the region. The lack of awareness among the population of the smaller economies is a minor restraint that new market players can overcome by creating awareness drives. New market players can strategize for the significant market share by investing in the research and development of the technologically advanced products,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Breast Pump Market By Product Type (Open v/s Closed Systems), By Technology (Manual v/s Electric), By End User (Hospitals & Clinics v/s Homecare), By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of global breast pump market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Breast Pump market.
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