ResearchMoz added Latest Research Report titled " Global Breastfeeding Pump Market 2015-2019: World Market Research, Analysis, Shares, Size, Trends, Growth, Survey, Forecast " to it's Large Report database.
Albany, NY -- (SBWIRE) -- 01/06/2016 -- The breastfeeding pumps market to witness a tremendous growth at a CAGR of around 9% during the forecast period. The increasing awareness and the rise in the number of working women have been driving the growth of this market. Countries like India and China, have consumers adopting such medically advanced products at a high rate, thereby, widening the market for breastfeeding pumps even further. Moreover, the increasing awareness of the importance of immediate breastfeeding for neonatal care is encouraging the maternal population in developing countries to use breastfeeding pumps.
The rise in innovation in breast pumps and associated products is projected to contribute to the market growth during the forecast period. Vendors have come up with nursing bras or breast pumping bras, which enable lactating mothers to provide milk, without having to hold the breastfeeding pump in place.
Browse report description and TOC at: http://www.researchmoz.us/global-breastfeeding-pump-market-2015-2019-report.html
Segmentation by technology and analysis of - battery powered pumps, electric pumps, manual pumps
Battery-powered breast pumps dominated the market during 2014, with a market share of 56%. The report anticipates this segment to maintain its leadership until the end of 2019. The convenience offered by these pumps to the nursing mother is the key growth driver for this segment. These battery-powered breast pumps are the most preferred choice of working mothers and parents, especially while traveling.
The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
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The report offers an analysis of each of the following segments and discusses its impact on the overall market growth
Geographical segmentation and analysis of the breastfeeding pumps market
The Americas accounted for around 60% of the market share during 2014 and is expected to retain its leadership until the end of 2019. The US is the market leader in this region. The growth of the market in the Americas has matured over the past few years due to the declining birth rates. Also, the high market penetration of existing vendors has brought the market close to a saturation point.
Competitive landscape and key vendors - Ameda, Lansinoh, Medela, NUK USA, Pigeon:
The breastfeeding pumps market is highly fragmented with the presence of well-diversified international vendors. There is an intense competition between these companies, enabling constant growth and innovations. The report predicts the competitive environment in this market to intensify further with an increase in product/service extensions, innovations in technology, and mergers.
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