Breast Pumps Market Overview
Breast
Pumps Market Size was valued at USD 2.6 Billion in 2022 and is projected to
grow from USD 2.83 Billion in 2023 to USD 5.6 Billion by 2032, exhibiting a
compound annual growth rate (CAGR) of 8.90% during the forecast period (2023 -
2032).
The
breast pumps market continues to witness robust growth, fueled
by increasing awareness about breastfeeding benefits and working mothers' needs
for convenient lactation solutions. Technological advancements have led to the
development of efficient and user-friendly breast pump devices, driving market
expansion. Rising healthcare expenditure and supportive government initiatives
further propel market growth globally. Portable and electric breast pumps are
gaining traction, offering versatility and ease of use. Additionally, the
growing prevalence of lactation difficulties and the trend toward exclusive
breastfeeding contribute to market expansion. With evolving consumer
preferences and innovation in product design, the breast pumps market is poised
for steady expansion.
The
breast pumps market has witnessed a significant surge in recent years, driven
by evolving trends in maternal healthcare and the growing emphasis on
breastfeeding. Among the leading brands, Spectra breast pumps stand out for
their innovative design and efficiency, catering to the diverse needs of
nursing mothers worldwide.
Spectra breast pumps have revolutionized the breastfeeding
experience, offering quiet operation, customizable settings, and portability,
making them ideal for modern, on-the-go lifestyles. With advanced features like
adjustable suction levels and massage modes, Spectra pumps ensure comfort and
efficiency, promoting optimal milk expression and milk supply.
One
of the key factors contributing to the popularity of Spectra breast pumps is
their compatibility with various breast bumpers, providing mothers with
flexibility and convenience in their pumping routines. Whether it's a silicone
breast bumper or a specialized cushioned bumper, Spectra pumps offer seamless
integration, enhancing user experience and comfort during expressing sessions.
The
breast pumps market continues to expand, driven by technological advancements
and increasing awareness of the benefits of breastfeeding. Spectra breast
pumps, with their reputation for reliability and performance, remain at the
forefront of this growth, empowering mothers to provide nourishment for their
babies conveniently and comfortably. As demand for efficient and user-friendly
breast pumps continues to rise, Spectra's commitment to innovation positions it
as a frontrunner in meeting the evolving needs of breastfeeding mothers
worldwide.
Key
Players
The
Breast Pumps companies are Ameda (Magento, Inc.), Hygeia Health,
Medela AG, Motif Medical, Chiaro Technology Limited (Elvie), Koninklijke
Philips N.V., Lansinoh Laboratories, Inc., Pigeon Corporation, Willow
Innovations, Inc. and Spectra Baby USA.
Breast
Pumps Market Segment Analysis
The
global breast pumps market has been segmented based technology, product, and
application.
On
the basis of technology, the market is segmented into Manual Pumps, Battery
Powered Pumps and Electric Pumps. The electric pumps segment was attributed to
holding the largest market share in 2022. The most effective breastfeeding
machines are electric. Quickly and effectively pumping milk is their intended
function. Though more expensive than manual or battery-powered breast pumps,
they are more robust.
Based
on product, the market has been segmented into Open System and Closed System.
The closed system segment was expected to hold the largest market share in
2022. To prevent bacterial or viral contamination of milk, closed-system pumps
keep the milk collecting kit and pump motor apart. Compared to an open-system
breast pump, this alternative makes them more hygienic.
Based
on application, the global breast pumps market has been segmented into Personal
Use and Hospital Grade. The hospital grade segment was expected to hold the
largest market share in 2022. Demand for the category will increase as the
number of newborns in hospitals rises. With advanced technology and a number of
advantages, hospital-grade breast pumps are also used to encourage women to
express breast milk.
Breast
Pumps Market Regional Analysis
The
global breast pumps market, based on region, has been divided into the North
America, Europe, Asia-Pacific, and Rest of the World. North America consists of
US and Canada. The Europe breast pumps market comprises of Germany, France, the
UK, Italy, Spain, and the rest of Europe. The breast pumps market in
Asia-Pacific has been segmented into China, India, Japan, Australia, South
Korea, and the rest of Asia-Pacific. The Rest of the World breast pumps market
comprises of Middle East, Africa, and Latin America.
The
largest market share for breast pumps was maintained by the North American
regional sector because of the higher rates of female employment, more
healthcare spending, more sophisticated healthcare infrastructure, and higher
patient knowledge levels in this region, breast pumps are utilised more
frequently.
Moreover,
the Europe market has been persistently growing over the forecast period. The
market's growing income is primarily attributable to the region's expanding
birth rate and female employment. It is projected that the area industry
landscape will benefit from the growing female population base who are carrying
children. In addition, the population base's expanding disposable income and
the speedy urbanization of the world will quicken market trends.
Additionally,
Asia Pacific is anticipated to experience the quickest growth over the forecast
period. Population increases in emerging countries like China and India,
growing buying power, unmet medical needs, continuous healthcare infrastructure
improvements, and unmet medical needs are all factors influencing the market's
progress in the area.
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