Zion Market Research, the market research group announced the analysis report titled 'Breast Pumps Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2024'
Sarasota, FL -- (SBWIRE) -- 09/13/2018 -- Global Breast Pumps Market: Overview
A breast pump is a mechanical device used by lactating mothers to extract milk from their breasts. The introduction of breast pumps in the market has been like a blessing for working women who are unable to constant nurse their babies owing to their work commitments. Breast pumps can either be manual or electric. Manual breast pumps can be powered by hand or feet movements whereas; electric breast pumps are powered by batteries or the electricity from the grid. It is used by mothers to stimulate lactation if in case they have low milk to supply and is also suggested by doctors in case of preterm infants who cannot suck the milk in initial stages due to low physical strength.
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Global Breast Pumps Market: Growth Factors
Breast pumps have grown as a suitable choice by working women which has augmented the demand of the global breast pumps market. The major driving force is the increasing working women population, inadequate maternity period and the rising government initiatives to create awareness about the benefits and significance of breast feeding. The rising global population along with the rapidly increasing birth rate has led the government to focus on advancements in novel technologies for product development of breast pumps further driving the growth of the global breast pumps market. With the development of double electric breast pumps; which help to eliminate the fat content from milk and substitute it with high caloric value, the market is likely to witness a significant growth. The risks and side effects related to breast pumps and the high cost of hospital grade breast pumps are the major restraining factors for the global breast pumps market.
Global Breast Pumps Market: Segmentation
The global breast pumps market is classified based on the product type, technology, and application. Based on the product type, the market is further classified into the closed and open system. Closed system breast pumps are leading owing to the ease of use, availability, and affordability in the market. Depending on the technology used, the global breast pump market is divided into manual breast pumps and electric breast pumps. Furthermore, electric breast pumps can again be sub-divided into single electric and double electric breast pumps. Electric breast pumps provide applications in hospitals as well as for personal use. However, electric breast pumps for personal use are expected to lead the market within the forecast period.
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Global Breast Pumps Market: Regional Analysis
North America has held the highest market share since 2017 and is expected to continue the streak in the coming years, due to the increased awareness among the public, favorable reimbursement scenario and high employment rate among women. Europe is likely to be the second highest market for global breast pumps followed by the Asia Pacific. The major driving factor can be the rise in the birth rate and increasing investments by both the public and private sectors for various awareness campaigns. While in Latin America and the Middle East & Africa, the market is yet to be established on a global level.
Global Breast Pumps Market: Competitive Players
Some of the major competitive players in the market are Koninklijke Philips N.V, Pigeon Corporation, Hygeia Medical Group, Bailey Medical, Linco Baby Merchandise Works Co. Ltd. and Whittlestone Inc. among others.
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