Breast Pump Market Size, Share, Opportunities, Top Leaders, Growth Drivers, Segmentation and Industry Forecast 2029
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:
This Breast Pump market study's purpose is to give an overview of the Breast Pump market as well as extensive market segmentation based on connection type, end-use, and geography. The report includes vital information on the market positions of the major Breast Pump companies, as well as notable industry trends and prospects.
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Market Scope:
The research also focuses on the top industry players in the Global Breast Pump market, including details such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information.
Dynamics:
Additionally, women who are able to produce more milk might join milk banks. A great way to improve neonatal health is through milk banks. Poor breastfeeding results in more than 236,000 child deaths worldwide, according to the Global Breastfeeding Score Card, which includes countries like China, India, Mexico, and others. Because of the increased awareness of the advantages of breast milk donation, there are now more breast or human milk banks operating all over the world. Globally, there are more than 600 human milk banks in high- and middle-income countries. As a result, there are increasingly more milk banks, which increased demand for breast pumps and ultimately propelled the expansion of the breast pump market.
Segmentation:
by Product
• Closed system
• Open system
by Technology
• Manual
• Battery powered
• Electric
by Application
• Personal use
• Hospital grade
Key Players: the key players are
• 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
• Handi-Craft Company
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Regional Analysis:
The study also offers a complete PESTLE analysis for each of the five regions, namely North America, Europe, Asia Pacific, the Middle East and Africa, and South America, after considering the political, economic, social, and technical elements impacting the Breast Pump market in these regions.
COVID-19 Impact Analysis on Breast Pump Market:
Customer behaviour has changed as a result of the COVID-19 epidemic in all areas of society. Industries, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19's influence on the Breast Pump market and will assist you in developing your business in accordance with the new industry standards.
Key Questions answered in the Breast Pump Market Report are:
- Which product segment had the largest share in the Breast Pump market in 2020?
- How is the competitive landscape of the Breast Pump market?
- Which are the key factors aiding the Breast Pump market growth?
- Which region holds the maximum share in the Breast Pump market?
- What will be the CAGR of the Breast Pump market during the forecast period (2021-2027)?
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