Breast Pump Market
Breast Pump Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Open System, Closed System
- By Technology Manual Pumps, Battery Powered Pumps, Electric Pumps
- By Application Personal Use, Hospital Grade
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 1860.40 Million |
Revenue 2030: | USD 3342.77 Million |
Revenue CAGR (2023 - 2030): | 7.60% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
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Global Breast Pump Market
Breast Pump Market- By Product, Technology, Application and Region.
Market Synopsis:
The Global Breast Pump Market is valued at USD 1860.40 Million in the year 2022 and is forecasted to reach a value of USD 3342.77 Million by the year 2030. The Global Market is anticipated to grow exhibiting a Compound Annual Growth Rate (CAGR) of 7.60% over the forecast period.
Breast Pump Market Size, 2022 To 2030 (USD Million)
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A Breast Pump is a mechanical device that nursing mothers use to collect milk from their breasts. Manual devices that are powered by hand or foot movements and automatic devices that are powered by electricity are the two categories. Breast Pumps are also used to help a nursing newborn latch on to its mother's breast by maintaining or increasing milk production, alleviating engorged breasts and clogged milk ducts, and pulling out flat or inverted nipples. Doctors recommend Breast Pumps to improve milk supply when an infant is unable to latch on and feed. Breast Pumps will be in high demand in the coming years as more women struggle to breastfeed. Breastfeeding complications include poor attachment, breast engorgement, and nipple pain in women. Breastfeeding is complicated by these issues among women. Engorgement is expected to be one of the major drivers of Breast Pump demand over the forecast period. As a result of insufficient bonding, mothers may experience significant nipple pain when the infant is sucking.
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The increase in the number of working women around the world is driving the growth of the Breast Pump industry. These gadgets are usually used by working women to continue nursing while at work. After returning to work, traveling, or otherwise being separated from their infant, many women find it beneficial to save breast milk. Breast pumps can be used to supplement breastfeeding, and some are designed to simulate the suckling of a nursing baby. Breast pumps have become a feasible choice for working women, and wearable Breast Pumps are also available for added convenience. As a result, the increase in female employment rates propels the Breast Pump industry forward. In addition, the population is growing, as is the birth rate which is increasing the demand for Breast Pumps. However, there is a lot of misunderstanding concerning Breast Pumps in many underdeveloped nations, which contributes to low acceptance. Furthermore, electrical battery breast pumps and hospital-grade pumps require a lot of maintenance, and open-system breast pumps are more prone to contamination. Breast Pumps are very costly, and there is a dearth of awareness of them, particularly in developing nations.
Market Segmentation:
The Breast Pump Market is segmented on the basis of Product, Technology, and Application. On the basis of Product, the market is segmented into Open System and Closed System. On the basis of Technology, the market is segmented into Manual Pumps, Battery Powered Pumps, and Electric Pumps. On the basis of Application, the market is segmented into Personal Use and Hospital Grade.
Based on Product:
The closed system Breast Pump category is likely to hold a large market share over the projection period. Despite the notion that closed Breast Pumps have greater use rates because they are more sanitary and contamination-free, open Breast Pumps have been proven to be less hygienic than closed Breast Pumps. A barrier separates the collecting kit from the engine on closed-system Breast Pumps, preventing contamination of the milk collected. The barrier also keeps milk particles out of the pump tube and motor, maintaining sterility and preventing contamination.
Based on Technology:
Electric pumps accounted for the biggest market share in 2021 and are predicted to increase at the quickest rate over the forecast period. A motor drives electric breast pumps, which suction through plastic tubing to a horn that fits over the nipple. It has a lot higher suction, which makes pumping faster and allows you to pump both breasts at the same time. Electric pumps are preferred by working women because they can extract more milk in less time. When compared to a regular pump, the double pumping device saves time. Electric pumps are sometimes heavy and noisy, but manufacturers are continuing to apply modern technologies to make lighter, quieter pumps. Electric pumps can also be rented by women who cannot afford to buy a new pump but only need it for a short time.
North America Region Dominates the Breast Pump Market with the Largest Share
North America dominated the global market in terms of revenue share due to high women's employment rates, healthcare expenditure, advanced healthcare infrastructure, and patient awareness levels. Many working mothers prefer to use a Breast Pump to express their milk and save it for their babies while they are at work. Pumping has become much easier and less time-consuming thanks to electric and automated breast pumps. They are affordable to the majority of working women in the United States. As a result of increased awareness of the benefits of breast milk, the market in the United States is predicted to develop. Furthermore, the industry's leading companies are offering technologically upgraded breast pumps, which will increase the market overall over the forecast period.
Competitive Landscape:
The key players in the Global Breast Pump Market include- Ameda (Magento Inc.), Hygeia Health, Medela AG, Koninklijke Philips N.V., Lansinoh Laboratories Inc., Pigeon Corporation, Motif Medical, Chiaro Technology Limited (Elvie), Willow Innovations Inc., Spectra Baby USA and others.
Segmentation of the Global Breast Pump Market:
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Segments Covered |
By Product
By Technology
By Application
By Region
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Regions & Countries Covered |
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Companies Covered |
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Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
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FAQ
Frequently Asked Question
What is the global demand for Breast Pump in terms of revenue?
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The global Breast Pump valued at USD 1860.40 Million in 2022 and is expected to reach USD 3342.77 Million in 2030 growing at a CAGR of 7.60%.
Which are the prominent players in the market?
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The prominent players in the market are Ameda (Magento Inc.), Hygeia Health, Medela AG, Koninklijke Philips N.V., Lansinoh Laboratories Inc., Pigeon Corporation, Motif Medical, Chiaro Technology Limited (Elvie), Willow Innovations Inc., Spectra Baby USA.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 7.60% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Breast Pump include
- Presence Of Favorable Demographics
Which region accounted for the largest share in the market?
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North America was the leading regional segment of the Breast Pump in 2022.