Breast Pump Market Projected to Gain Significant Value through 2030

Breast pump market sales are predicted to grow at a 4.6% CAGR from 2022 to 2030, with a market value of US$ 2.45 billion by the end of 2030, up from US$ 1.72 billion in 2022.

Nowadays, breast pumps account for 58.5% of the global breastfeeding accessory industry. Because of technology improvements such as the advent of double breast pumps, which help remove fat content from milk and replace it with higher caloric value, the breast pump market is predicted to grow rapidly.

The market observes a decline in BPS values, which is attributed to the additional personal costs associated with using electric breast pumps, such as the frequently reported occurrence of injury and infections, which leads to the consumer seeking alternative options to offset the device's negative effects.

Additionally, customers from lower socioeconomic backgrounds had a lower percentage of breast pump adoption due to a lack of breast pump product awareness and availability.

A list of Key Players Covered in the Breast Pumps Market Are:

  • Koninklijke Philips N.V.
  • Pigeon Corporation
  • Newell Brands
  • Medela LLC 
  • Ardo Medical AG

This could be related to the fact that awareness of breast pumps is growing on a daily basis in industrialised economies, particularly the United States.

Electric breast pumps are now offered for rent in European markets as well. As a result, both regular and infrequent use are sufficient. These applications are expected to drive the breast pump market during the forecast period (2020 to 2030).

Read More@ https://www.futuremarketinsights.com/reports/breast-pump-market-122017

Key Segments of Breast Pumps Industry Survey

Breast Pumps Market by Product:

  • Closed System Breast Pumps
  • Open System Breast Pumps

Breast Pumps Market by Technology:

  • Electric Breast Pumps
    • Single Electric Breast Pumps
    • Double Electric Breast Pumps
  • Manual Breast Pumps

Breast Pumps Market by End User:

  • Breast Pumps in Homecare Settings
  • Breast Pumps in Healthcare Facilities

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