breast pump market : global industry analysis & growth, 2014-2022

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Breast Pump Market Opportunities and Forecasts, 2014- 2022

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Page 1: Breast Pump Market : Global Industry Analysis & Growth, 2014-2022

Breast Pump Market

Opportunities andForecasts, 2014- 2022

Page 2: Breast Pump Market : Global Industry Analysis & Growth, 2014-2022

“The rise in closed breast pumps market can be attributed to lower risk of contamination, and ease in cleaning process . Market players have successfully ‐ ‐�developed breast pumps with different functionalities such as pumping and bluetooth facilities, thus making it proficient for the lactating mothers. Furthermore, closed breast pumps can be reused, without being harmful, thus increasing the convenience and safety offered by these pumps, which is anticipated to create huge opportunities for their growth.”

Onkar Sumant

BREAST PUMP MARKET

Page 3: Breast Pump Market : Global Industry Analysis & Growth, 2014-2022

 

• Breast Pumps Market report, published by Allied Market Research, forecasts that the global market is Projected to reach $829 million by 2022 from $540 million in 2015, growing at a CAGR of 6.6% during 2016-2022.

• In  terms  of  value,  the  battery  powered  breast  pumps  segment  accounted  for  over  two-thirds share globally, in 2015 and is expected to maintain its dominance during the forecast period. In terms of volume, manual breast pumps segment accounted for one-fourth share in 2015.

• The  major  factors  boosting  the  growth  of  breast  pumps  market  are  increasing  working women population, rise in disposable income and growing awareness about importance of breastfeeding.

• The market  for  battery-powered  breast  pumps  is  expected  to  grow  at  a  significant  rate owing to  the  increasing preference  for  faster, efficient portable pumping systems with an easy cleaning option.

Read more: https://www.alliedmarketresearch.com/breast-pump-market

BREAST PUMPS MARKET OVERVIEW

Page 4: Breast Pump Market : Global Industry Analysis & Growth, 2014-2022

 

GLOBAL BREAST PUMPS MARKET SEGMENTATION

Page 5: Breast Pump Market : Global Industry Analysis & Growth, 2014-2022

 

By Technology (Value and Volume)

• Battery Powered Breast Pumps

• Manual Breast Pumps

• Electric Breast Pumps

By Product Type (Value and Volume)

• Closed System Breast Pumps

• Open System Breast Pumps

By Application (Value and Volume)

• Personal Use Pumps

• Healthcare/Hospital Grade Pumps

BREAST PUMPS MARKET SEGMENTS

Page 6: Breast Pump Market : Global Industry Analysis & Growth, 2014-2022

 

TOP INVESTMENT POCKETS IN GLOBAL BREAST PUMPS MARKET

Page 7: Breast Pump Market : Global Industry Analysis & Growth, 2014-2022

 

• The report provides an in-depth analysis of the breast pump market across major countries, and total revenue generated during the forecast period.

• Region-wise  and  countrywide  shares  in  the  global  breast  pump  market  are comprehensively analyzed in the report.

• The  report  helps  in  understanding  the  strategies  adopted  by  various  breast  pump companies, in order to gain a higher market, share in the global breast pump market.

• Furthermore, key market players within  this market have been profiled  in this  report and their  strategies  are  analyzed  thoroughly.  This  helps  in  understanding  the  competitive outlook on the supply side of the market.

• The  projections  in  the  report  are  made  by  analyzing  the  current  market  trends  and highlighting  the  market  potential  for  the  period  of  2014-2022,  in  terms  of  value  and volume.

Read more: https://www.alliedmarketresearch.com/connect-to-analyst/482

BREAST PUMPS MARKET KEY BENEFITS

Page 8: Breast Pump Market : Global Industry Analysis & Growth, 2014-2022

 

BREAST PUMPS MARKET, BY PRODUCT TYPE, 2014‐2022

Page 9: Breast Pump Market : Global Industry Analysis & Growth, 2014-2022

 

• Closed  system breast  pumps  is  projected  to  be  the  fastest  growing  segment  in  terms  of both  value  and  volume,  growing at  a CAGR of over  6.5% and 7%  respectively during  the analysis period.

• Asia-Pacific is estimated to be the fastest growing regional market in breast pumps market, growing at a CAGR of 9.7%, in terms of value, from 2016 to 2022.

• In 2015, North America accounted for around three-fifths share of the world breast pumps market in terms of value.

• Hospital grade breast pumps would be  the highest  revenue generating segment  followed by personal use breast pump during 2016-2022.

• In 2015, battery powered breast pumps was the leading segment and is projected to grow faster than global breast pump market at CAGR of over 6.4%, in terms of value.

• Mexico is projected to be the fastest growing market in the North American region.

• China  and  Japan  are  the  leading  country  markets  for  breast  pumps  in  the  Asia-Pacific region.

BREAST PUMPS MARKET KEY FINDINGS

Page 10: Breast Pump Market : Global Industry Analysis & Growth, 2014-2022

 

BREAST PUMPS MARKET, BY GEOGRAPHY, 2014‐2022 ($MILLION)

Page 11: Breast Pump Market : Global Industry Analysis & Growth, 2014-2022

 

BREAST PUMP MARKET BY GEOGRAPHY

North America, Europe, Asia-Pacific, LAMEA,