Sheridan, Wyoming, USA, March 05, 2020 (Wired Release) – IMARC Group A new research report by IMARC Group, the global breast pump market was worth US$ 688 Million in 2018. The report further anticipates the market to reach US$ 1,049 Million by 2024, at a projected CAGR of 7.2% over the forecast period. Breast pumps are medical devices which enable extraction of milk from the breast of a lactating mother. Breastfeeding ensures that the child is not deprived of the essential nutrients and minerals which they acquire from the mother’s milk. A breast pump helps the mother in storing the milk beforehand so that it can be fed to the baby later.
These devices are often employed by the women who continue to breastfeed their children while continuing their employment. Nowadays, doctors also recommend the use of a breast pump in case the child fails to suckle.
Global Breast Pump Market Drivers/Constraints:
One of the primary factors driving the growth of the global breast pump market is technological advancements which offer more discreet devices with enhanced ease of use, comfort and added benefits.
The surge in the number of working women has enhanced their purchasing capacity, and led to hectic lifestyle and busy schedules. In addition to this, growing awareness about the benefits of breast feeding has augmented the demand for baby care essentials such as breast pumps.
The governments in both the developed and developing regions are encouraging breast feeding through various awareness programmes and initiatives. This is further projected to provide a positive thrust to the growth of the global breast pump market.
However, there are several factors that hamper the market growth such as the high price of breast pumps, cultural and societal restraints and high maintenance requirements.
Request for a sample copy of this report: https://www.imarcgroup.com/breast-pump-market/requestsample
Market Segmentation:
Breakup by Type:
Open system
Closed system
Breakup by Technology:
Battery-powered
Electric
Manual
Breakup by Application
Personal Care
Hospitals
Browse full report with TOC’s: https://www.imarcgroup.com/breast-pump-market
Regional Insights:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape
The report has also examined the competitive landscape of global breast pump market. Some of the major players in the market are Philips Avent, Pigeon Corporation, Medela, Ameda, Hygeia Medical Group II, etc.
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