Breast Pumps, a boon for working women!
Hyderabad, India -- (SBWIRE) -- 03/17/2018 -- Breast pumps are outlined as medical devices used for extracting milk from the breast of mothers. Mostly, these devices are employed by operating girls to continue breastfeeding their babies whereas still at work. In some instances, doctors additionally advice women to use breast pumps to stimulate milk if the baby is unable to suck milk. Breast pumps have grown up as an appropriate alternative for the working women. The market is predicted to witness a notable growth, because of technological advancements, owing to double breast pumps that facilitate to eliminate fat content from milk and substitute it with higher caloric value.
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The global Breast Pumps Market is estimated to have a value of USD 580 million in 2017. With a CAGR of 6.7%, the market size is expected to grow rapidly to cross USD 802 million by 2022.
Inadequate maternity leave period, the speedy increase in operating girl's population and rise in awareness concerning the advantages and significance of breastfeeding are driving the market significantly.
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According to the U.S. Department of Labor (DOL), more than 50% of ladies were a part of the U.S. manpower in 2015. Moreover, the DOL comes that by 2024, women within the age bracket of twenty-five to thirty-four years would represent the main share of employed girls within the U.S. On the contrary, rising economies such as India have witnessed a decline within the feminine manpower from 35% in 1990 to 27% in 2014 (as per the Globe Bank Statistics).
This can be primarily attributed to cultural and social group factors and a lack of appropriate jobs opportunities on the point of the place of residence. However, liberalized thinking and girl's authorization programs are expected to alter the situation to drive growth in the range of ladies noncommissioned in the manpower in the country throughout the forecast period. Countries like India and Sri Lanka have witnessed a big increase in participation of ladies in the manpower as per the 2015 World Bank knowledge.
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Global Breast Pumps Market is showing consistent growth in the last few years this can be attributed to the rising awareness towards the importance of breastfeeding and advancements in technology. North America is the leading market for breast pumps, followed by Europe and Asia Pacific. It is anticipated to grow its market size in the forecast period.
The major market contributors for the global Breast Pumps Market are Pigeon Group (Pigeon Corporation), Koninklijke Philips N.V., Ameda, Inc., Ardo Medical Ag, Evenflo Feeding, Inc. Other players in the market are Mayborn Group Limited (Shanghai Jahwa Co. Ltd), Spectra Baby USA, Albert Manufacturing USA (Albert Group), Hygeia Health
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