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This Breast Pumps Market report is the consequence of incessant efforts lead by clued-up forecasters, innovative analysts and bright researchers who indulge in detailed and attentive research on different markets, trends and emerging opportunities in the consecutive direction for the business needs. Company snapshot, geographical presence, product portfolio, and recent developments are taken into account for studying the company profiles that are part of this report. Quality and transparency has been strictly maintained while carrying out research studies to offer an exceptional market research report for a niche. A thoughtful knowledge of industrial unanimity, market trends and incredible techniques via this Breast Pumps Market report gives an upper hand in the market.
Global breast pumps market is expected to rise to an estimated value of USD 2.03 billion by 2026, registering a CAGR of 7.54% in the forecast period of 2019-2026. Increasing population and rising disposable income is the major factor for the growth of this market.
Few of the major competitors currently working in the global breast pumps market are Koninklijke Philips N.V., MEDELA Pharmaceuticals Pvt. Ltd., Pigeon Corporation, Mayborn Group Limited, Lansinoh.com, Hygeia HealthInc;, Bailey Medical,TAITRA., Albert Manufacturing USA.
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Market Definition: Global Breast Pumps Market
Breast pump is a device which is used by the mothers so that they can extract milk from their breasts. There are mainly three types of breast pump manual, electric and battery powered breast pumps. All breast pumps have some basic parts like pump, breast shield and milk container. Single and double are the two different types of the Breast
Segmentation: Global Breast Pumps Market
Breast Pumps Market : By Product
- Open System Breast Pump
- Closed System Breast Pump
Breast Pumps Market : By Technology
- Electric Breast Pump
- Manual Breast Pump
- Battery Powered Breast Pumps
Breast Pumps Market : By End- Users
- Home Care
Breast Pumps Market : By Application
- Personal Use Pumps
- Healthcare/Hospital Grade Pumps
Breast Pumps Market : By Geography
- North America
- South America
- Middle East & Africa
Key Developments in the Market:
- In April 2019, Medela announced the launch of their Medela Symphony PLUS Direct Rental Program so that they can support the breast milk supply. This program is specially designed so that mothers can provide better milk to the infants. This program has two new pumping programs The INITIATE program and MAINTAIN program. This will help the mother access breast pump which are only used in hospitals.
- In May 2019, Ameda Breastfeeding Products announced the launch of their new breast pump Ameda Myo Pro which is specially designed to provide advanced customization to the breastfeeding mothers. This new product consists of LED light for nighttime pumping and also have LCD timer display. It is very useful for late night pumping
Pumps Market Drivers
- Increasing number of new born is driving the market
- Technological advancement and development in breast pumps will also drive the growth of this market
- Rising demand for advanced medical technology will also propel the market growth
- Favorable repayment scenario is another important factor contribution as a driver.
Breast Pumps Market Restraints
- High price of the device will restrain the market growth
- Availability of substitutes of breast milk will also hamper the growth of this market
- Increasing fertility related problem will also act as restrain for this market
Key benefits of buying the Breast Pumps Market Report:
This Breast Pumps Market report will enable both of the sides in market be an established firm or a relative new entrant. It helps the established firms to know about the moves which are being performed by their competitors and also helps the new entrants by educating them about the market situations and the industry trends. This Breast Pumps Market report is quite fruitful in helping to understand the market definition and all the aspects of the market including the CAGR value and key profiles.
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