Breast Pumps Market Recent Industry Developments and Growth Strategy 2022-2030Posted by Manisha S on November 22nd, 2022 The global breast pump market is expected to reach USD 5.20 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 8.3% from 2022 to 2030. Improving healthcare infrastructure in emerging economies, increasing global women’s employment rates and the presence of favorable demographics are the key driving factors for the breast pump market.
Breast Pump Market Report Highlights • In terms of product, closed system segment held the largest market share of 65.3% in 2021 and is expected to witness the fastest growth over the forecast period due to its several benefits and high adoption, as compared to the open system. • In terms of technology, electric pumps segment held the largest share in 2021 owing to its flexibility and ease of use. • In terms of application, hospital grade segment held the largest market share in 2021, owing to the increasing number of hospitals and rising healthcare expenditure. • North America is expected to dominate the market growth over the forecast period owing to the rising women’s employment and large presence of key players operating in the market.
Grand View Research has segmented the global breast pump market report on the basis of product, technology, application, and region:
• Open System • Closed System Breast Pump Technology Outlook (Revenue, USD Million, 2018 – 2030) • Manual Pumps • Battery Powered Pumps • Electric Pumps
• Personal Use • Hospital Grade
• North America
• Europe
• Asia-Pacific
• Latin America
• MEA
List Of Key Players In Breast Pump Market • Ameda (Magento, Inc.) • Hygeia Health • Medela AG • Koninklijke Philips N.V. • Lansinoh Laboratories, Inc. • Pigeon Corporation • Motif Medical • Chiaro Technology Limited (Elvie) • Willow Innovations, Inc. • Spectra Baby USA Request free sample copy of Breast Pump and Breastfeeding Accessories Industry Data Book @ https://www.grandviewresearch.com/sector-report/breast-pump-breastfeeding-accessories-industry-data-book/request/rs1
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Like it? Share it!More by this author |