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Breast Pump Market Projected to Gain Significant Value through 2030

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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 Pump Market is expected to See Incredible Growth By 2032

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Breast pump sales are expected to expand at a CAGR of 4.6% from 2022 to 2030, reaching a market valuation of US$ 2.45 billion by the end of 2030, up from US$ 1.72 billion in 2022. Breast pumps presently hold 58.5% of the global breastfeeding accessory market . The breast pump industry is expected to grow rapidly due to technological advancements such as the introduction of double breast pumps, which help remove fat content from milk and replace it with higher caloric value. 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 out additional options to offset the device's negative effects. Furthermore, consumers from lower socioeconomic backgrounds had a lower percentage of breast pump adoption due to a lack of awareness and availability of breast pump products. A list of Key Players...

Breast Pump Market | Cost Structure Analysis and Forecast to 2032 – By FMI

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Breast Pump Market Size is expected to grow at a 4.6% CAGR from 2022 to 2030, reaching US$ 2.45 billion by the end of that year, up from US$ 1.72 billion in 2022. Healthcare spending in emerging economies is rapidly increasing. This is because advances in healthcare technology and changing lifestyles are fueling the demand for breast pumps among urban women. According to the World Health Organization, global healthcare spending increased by 2.4% in 2014 compared to 2013. Healthcare spending in developing countries is rising at a rate of 5% per year. Breast pump adoption is expected to increase as healthcare spending rises, particularly in Asia Pacific. Breast pumps are used by up to 85% of breast-feeding women three months after birth. Furthermore, market discussions suggest that the availability of breast pump accessory products will encourage the use of electric breast pumps in developed markets. In this regard, manufacturers of infant products are increasingly bundling other ...

Breast Pump Market Insights on Trends and Growth Forecast by 2030

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From 2022 to 2030, the Breast Pump Market is expected to grow at a 4.6% CAGR, reaching $2.45 billion by the end of that year, up from $1.72 billion in 2022. The report focuses on the potential factors driving the breast pump market's global revenue growth. Breast pumps are medical devices that help lactating women extract breast milk. There are two types of breast pump products available: manual breast pumps and electrical breast pumps. Electric breast pumps are classified into two types: single electric breast pumps and double electric breast pumps. This report investigates the total revenue generated by the sale of breast pump products, including manual and electric breast pump devices used for breast feeding. Breast pump products are becoming increasingly popular among working women all over the world as women's labor-force participation rises. According to "Catalyst," the percentage of working women in the world's workplaces has been declining in recent y...

Breast Pump Market is expected to grow significantly between 2022-2030

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Breast Pump Market demand is expected to grow at a 4.6% CAGR from 2022 to 2030, reaching $2.45 billion by the end of that year, up from $1.72 billion in 2022. The report highlights the potential factors driving the global revenue growth of the breast pump market. Breast pumps are medical devices that are used to extract breast milk from lactating women. Manual breast pumps and electrical breast pumps are the two types of breast pump products available. There are two types of electric breast pumps: single electric breast pumps and double electric breast pumps. This report examines the total revenue generated by the sale of breast pump products, which include manual and electric breast pump devices used for breast feeding. Breast pump products are becoming increasingly important among working women around the world as women's participation in the labour force grows. The percentage of working women in workplaces around the world has been declining in recent years (46.2% in 2019 c...

Breast Pump Market Report Covers Trends, Demand and Growth Prospects 2022-2030

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The  Breast Pump Market Size are predicted to grow at a CAGR of 4.6% from 2022 to 2030, reaching a market worth of US$ 2.45 billion by the end of that year, up from US$ 1.72 billion in 2022. Emerging economies are witnessing impressive growth in healthcare spending. This can be attributed to improvements in healthcare technology and changing lifestyle, which is fueling the demand for breast pumps among urban women. According to WHO, the global healthcare spending rose by 2.4% in 2014 over 2013. Healthcare spending is growing at a rate of 5% in developing regions. Rise in healthcare expenditure is expected to boost overall adoption of breast pumps among women, especially in Asia Pacific. Breast pump adoption is as high as 85% among breast feeding women at 3 months post-birth. Furthermore, marketplace discussions indicate that the availability of breast pump accessory products will also encourage the adoption of electric breast pumps in developed markets. In this regard, ...