PUBLISHER: SkyQuest | PRODUCT CODE: 1452825
PUBLISHER: SkyQuest | PRODUCT CODE: 1452825
Global Electric Breast Pumps Market size was valued at USD 1.37 billion in 2022 and is poised to grow from USD 1.49 billion in 2023 to USD 2.95 billion by 2031, growing at a CAGR of 8.91% in the forecast period (2024-2031).
The market for electric breast pumps has grown significantly globally in recent years due to changing parenting styles, growing knowledge of the advantages of nursing, and technological developments in medical equipment. The efficiency, practicality, and ability of electric breast pumps to replicate the rhythms of natural nursing have led to their increasing popularity. The market has grown as a result of factors including the increasing number of working mothers who need a convenient way to express breast milk and the increased emphasis on women's empowerment. These pumps improve comfort and milk extraction efficiency with their adjustable suction settings and multiple pumping modes. Their allure has also been increased by advancements in battery life, quieter operation, and the incorporation of smart and wireless technologies. In order to appeal to tech-savvy moms, smartphone connectivity and mobile apps that record pumping sessions and milk production have become standard features.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Electric Breast Pumps Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Electric Breast Pumps Market Segmental Analysis
Based on Type, Application, Distribution Channel, and Region, the global market for electric breast pumps is divided into segments. The market is divided into two categories: single and double. The market is divided into Personal Use and Hospital Grade segments based on application. The market is divided into Hospital Pharmacy, Retail Store, E-commerce, Wholesaler/Distributor, and Direct Purchase categories based on the Distribution Channel. The market is divided into Latin America, Middle East and Africa, Asia Pacific, North America, and Europe.
Drivers of the Global Electric Breast Pumps Market
Working mothers and those with hectic schedules are becoming more accepting of breastfeeding due to increased knowledge of its advantages and the simplicity of use of electric breast pumps. Mothers can manage other tasks and continue breastfeeding with the flexibility provided by electric breast pumps.
Restraints in the Global Electric Breast Pumps Market
The cost of electric breast pumps is typically higher than that of manual pumps, which can be a major obstacle for some mothers-especially those from lower-income homes. Potential consumers may be deterred by the initial outlay and possible maintenance expenses.
Market Trends of the Global Electric Breast Pumps Market
Technological Developments and Smart Features: The market for electric breast pumps was seeing a trend toward the integration of smart features and technological improvements. This incorporates functions like quieter motors, various pumping modes (such as massage and expression modes), adjustable suction levels, and even Bluetooth connectivity to sync with smartphone apps for monitoring milk volume, pumping sessions, and other pertinent data. Manufacturers concentrated on improving the comfort, effectiveness, and convenience of pumping for moms.
Growing Knowledge and Adoption: The need for electric breast pumps was being driven by growing knowledge of the advantages of nursing, particularly in the early years of a baby's life. In particular, working moms were looking for effective strategies to continue nursing after going back to work. As a result, electric breast pumps were being adopted at a higher rate than manual ones. Furthermore, a number of nations' governments and healthcare institutions were launching initiatives to support breastfeeding, which tangentially increased the market for breast pumps.