Breast Pumps Market Research Report, Share, and Forecast to 2025Posted by rekha on October 17th, 2019 The global breast pumps market accounted for US$ 0.82 Bn in 2018 and burgeoning over the forthcoming years. Some of the key factors fostering the market growth include Increasing Women Employment, improving healthcare infrastructure in developing economies, growing awareness and need for a healthy lifestyle rising awareness and availability of new product varieties. In addition, supportive government initiatives such as the initiation taken by the government of U.K for breastfeeding will further enhance the market growth. However, availability of breast milk substitutes and high prices of breast pumps are the major factors inhibiting the market growth. Global breast pumps market segmented on the basis of product type, technology, application, end user and region. For request sample : https://www.precisionbusinessinsights.com/request-sample?product_id=15811 Closed system breast pump dominate the Global Breast Pumps Market Based on application, global breast pumps market is closed system breast pumps and open system breast pumps. Closed system breast pump held considerable market growth during estimated period. Focus of manufacturers on the introduction of scientifically innovative closed systems for effective patient health management will fuel the segments growth. A closed system breast pump is considered to keep every drop of articulated milk away from the pump’s motor and into collection container. This reduces the chance of mold growth and infectious particles. Closed system pumps are considered to be more sanitized as they have a obstacle, such as a filter, which catches any milk before it reaches the pumps working parts. As a result, the pump can be safely used for many which is good for baby and the mother. North America Leads the Global Breast Pumps market PBI’s global breast pumps market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis.North America accounted for larger revenue share in global breast pumps market with considerable CAGR. The growth in this region is due to increasing disposable income together with positive reimbursement policies. Also, high employment rate of women and increase in healthcare expenditure in the region are the other factors responsible for the market growth. Further, Asia Pacific held considerable market share during estimated period as propelling customer awareness and high incidence of unmet consumer needs. Strategic New Product Launches are the Key Strategies Adopted by Market Players Global breast pumps market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For Instance, in October 2017, Philips launched uGrow, a baby app, which helps the parents monitor the development of the baby. This is anticipated to increase the product portfolio of the company. Key player’s profiles in the report areMedela LLC (Olle Larsson Holding AG) (Switzerland), Koninklijke Philips N.V. (Philips AVENT) (U.K.), Ameda, Inc. (U.S.), Hygeia Health (U.S.), Whittlestone, Inc. (Turkey), Naya Health Inc. (U.S.), Lansinoh Laboratories, Inc. (Pigeon corporation group) (Japan), Bailey Medical Engineering (U.S.), Energizer Holdings Inc. (U.S.) and Linco Baby Merchandise Works Co. Ltd. (Taiwan). Precision Business Insights (PBI) in its report titled “Global Breast Pumps Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. Moreover, the report also includes the total revenue and volume for the market. Detailed Segmentation
By Product Type o Closed system breast pumps o Open system breast pumps By Technology o Manual breast pumps o Electric breast pumps o Single Electric Breast Pumps o Double Electric Breast Pumps o Battery powered breast pumps By Application o Personal use pumps o Hospital/healthcaregrade pumps
By End-User o Hospitals o Breast feeding centres o Homecare
By Geography o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
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