The latest research study “Breast Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the The global breast pump market size reached US$ 843 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,294 Million by 2027, exhibiting at a CAGR of 7.2% during 2022-2027.
Breast Pump Market Market Overview:
A breast pump is a medical device utilized for obtaining breast milk from lactating mothers. It is commonly used as an alternative to breastfeeding for stimulating lactation in women with low milk production. It assists in preventing discomfort and minimizing the risk of breast infection and engorgement. At present, the growing healthcare expenditure and improving access to medical devices are catalyzing the demand for breast pumps worldwide.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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List of Major Key Players:
The major players in the market are
Breast Pump Industry Trends and Drivers:
At present, the increasing number of newborns and the rising working women population represents one of the major factors positively influencing the demand for breast pumps around the world. In addition, several initiatives undertaken by governments of numerous countries to spread awareness among women about the benefits and importance of breastfeeding are contributing to the market growth. Apart from this, product manufacturers are introducing advanced breast pump integrated with Bluetooth-enabled technology and a double pumping device, which makes suction easier and comforting. These innovations are expected to drive the market in the coming years.
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The report has been segmented the market into following categories:
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Key highlights of the report:
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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