Breast Pump Market Growing at CAGR of 10.5 % from 2022 to 2029


Posted May 23, 2023 by mahesh07

Breast Pump Market size was valued at USD 2.77 Bn. in 2022 and the total Breast Pump revenue is expected to grow at a CAGR of 10.5% from 2023 to 2029, reaching nearly USD 5.58 Bn.

 
Breast Pump Market Overview

The research on the Breast Pump Market is based on the detailed dynamics the market. The report covers market revenue forecasts at global, regional and segment, and national levels. Industry potential is deeply studied. Region wise trend during the forecast period and individual nation market share are all included in Breast Pump market research.

Breast Pump Market Report Scope and Research Methodology

The report is a comprehensive analysis of the complementary and Breast Pump market by region, segment and competitive landscape. The report covers the current trends prevailing in the market & changing consumer preferences towards the industry in the upcoming years helping the companies identify investment pockets and opportunities in the Breast Pump market. Sales forecasting is the main highlight of the report.

The analysis acts as a guide for stakeholders, investors, market players and followers and new entrants with an overall view of the Breast Pump formulating investment approaches and marketing tactics. Secondary data was collected from official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the Breast Pump industry along with paid and free databases. To estimate the segment wise, regional and global Breast Pump Market size, bottom-up approach was used.

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Breast Pump Market Regional Insights

The Regional Analysis in the report helps to understand the Breast Pump market in various countries. The report includes a detailed analysis of the market potential & industry rivalry in all the regions: :North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

Breast Pump Market Segmentation :

Based on Product, the closed system segment held the largest market share of about 68% in terms of revenue and dominated the global breast pump market in 2022. The segment is further expected to grow at a CAGR of 10.2% and maintain its dominance throughout the forecast period. The increased utilization of these pumps is mostly because these systems are more sanitary and contamination-free. Closed breast pumps are increasingly replacing open systems, and their revenue share is expected to increase significantly during the forecast period.

Based on Technology, the electric pumps segment held the largest share in Breast Pump Market market in 2022 and is expected to grow with a CAGR of 8.5% during the forecast period. Electric breast pumps use a motor to provide suction to a horn that fits over the nipple through plastic tubing. It has a lot greater suction, which makes pumping much faster, and it allows you to pump both breasts at the same time. Working moms often choose electric pumps since they can extract more milk in less time.

by Product

• Closed system
• Open system

by Technology

• Manual
• Battery powered
• Electric

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Breast Pump Market Key Players :

• Ameda AG
• Bailey Medical
• Medela AG
• Philips
• Hygeia Health
• Lansinoh Laboratories
• Buettner Frank GmbH
• Linco Baby Merchandise Works Co., Ltd.
• Whittlestone, Inc.
• Koninklijke Philips N.V.
• Pigeon Corporation
• Acewin Co, Ltd
• Albert Hohlkörper GmBH & Co Kg
• Ardo Medical, Inc
• Babybelle Asia Limited
• Bailey Medical Engineering
• Motif Medical
• Chiaro Technology Limited (Elvie)
• Willow Innovations, Inc.
• Spectra Baby USA
• Mayborn Group

Key questions answered in the Breast Pump Market are:

What is Breast Pump ?
What are the factors driving the Breast Pump Market growth?
What are the factors are limiting the Breast Pump Market growth?
What was the Breast Pump market size in 2021?
Which trends are expected to generate additional revenue for the Breast Pump market growth?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Breast Pump Market?
What growth strategies are the players considering to increase their foothold in the Breast Pump Market?
Who held the largest market share in the Breast Pump Market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By Mahesh
Phone 09607365656
Business Address 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway,
Country India
Categories Business
Tags breast pump industry , breast pump industry size , breast pump industry share
Last Updated May 23, 2023