PUBLISHER: Value Market Research | PRODUCT CODE: 1542616
PUBLISHER: Value Market Research | PRODUCT CODE: 1542616
The global demand for Breast Pump Market is presumed to reach the market size of nearly USD 7.81 Billion by 2032 from USD 3.53 Billion in 2023 with a CAGR of 9.22% under the study period 2024-2032.
Breast pump is the device used by lactating mother to extract breast milk. It pumps the milk and stores in a contained that can be used later to feed young ones. These can be operated manually or with help of electric supply. Hospital is the major application area of breast pump however it is also used for personal use by working women. It is also used to stimulated lactation in lactating mothers with low milk supply.
Rising number of workingwomen coupled with rise in birth rate are the prime factors driving the market growth. Increasing awareness regarding benefits of breastfeeding in lactating mothers followed by rise in healthcare expenditure is likely to propel the market growth in forecasting period. Breastfeeding related issues such as poor attachment, nipple soreness, etc. are further fueling the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Breast Pump. The growth and trends of Breast Pump industry provide a holistic approach to this study.
This section of the Breast Pump market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Breast Pump market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the 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. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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