The report notes that over 75% of the global breast pumps market was collectively held by the three leading players in this space. Among the largest companies in the global breast pumps market are: Medela AG, NUK USA LLC, Pigeon Corporation, and Ameda AG.
Albany, NY -- (SBWIRE) -- 10/12/2015 -- As more women join the workforce globally, the demand for breast pumps is projected to see a substantial increase. On the other hand, the growth of the global breast pumps market will be impeded by the steep price tags of these products as well as the risk of contamination that breast pumps may present. These are the findings of a market research report, titled 'Breast Pumps Market (Manual, Single, Double Electric and Hospital Grade Breast Pumps) - Global Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast 2014 - 2022.' This report is now available on Market Research Reports Search Engine (MRRSE).
Browse Full Report :http://www.mrrse.com/breast-pumps-market
Published by Transparency Market Research, the report states that the global breast pumps market will rise steadily from its 2013 valuation of US$1.1 billion to US$2.6 billion in 2020. This translates to a compounded annual growth rate (CAGR) of 8.8% from 2014 through 2022.
With many mothers reporting back at work during the lactation phase, breast pumps serve to ensure that their infants receive an uninterrupted supply of milk. The use of breast pumps is especially high among women who are averse to using milk substitutes for their infants. According to the findings of the report, many women base their breast pump purchase decision on the recommendation of their gynecologist or lactation consultants.
The report's findings show that the preference for double electric breast pumps was higher than that for other pumps such as manual, single electric, and hospital grade breast pumps. The compactness and rapid milk expression provided by double electric breast pumps makes them popular among lactating mothers. The growth rate of the double electric breast pumps segment will remain the highest over the report's forecast period. On the other hand, the demand for manual breast pumps is showing a considerable decline, with this trend unlikely to change in the future.
Companies in the breast pump market see consistent product enhancements as a veritable means to rake in higher revenue. These enhancements are typically related to product handling and improvement in comfort level during milk expression. Moreover, lactation experts recommend mothers to use breast pumps in conditions such as flat or inverted nipples or engorged breasts, which prevent the infant from suckling.
Request a Sample Copy of the Report @ http://www.mrrse.com/sample/336
About Market Research Reports Search Engine (MRRSE)
Market Research Reports Search Engine (MRRSE) is an industry-leading database of market intelligence reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.
MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE's repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.