Electric Breast Pumps Market by Type and Geography - Forecast and Analysis 2021-2025

Published: Mar 2021 Pages: 120 SKU: IRTNTR70374

The electric breast pumps market has the potential to grow by USD 276.75 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.80%.

This electric breast pumps market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (closed system and open system) and geography (North America, Europe, Asia, and ROW). The report also offers information on several market vendors, including AceWin Co. Ltd. , Albert Hohlkorper GmbH & Co. KG, and Ameda Inc., among others.

What will the Electric Breast Pumps Market Size be in 2021?

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Electric Breast Pumps Market: Key Drivers and Trends

The increase in the number of human milk banks is notably driving the electric breast pumps market growth, although factors such as alternatives to breast milk may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the electric breast pumps industry get your FREE report sample now.

  • The awareness about the benefits of breastfeeding is increasing in countries such as Brazil, Norway, and Italy. Human milk banks are also supported by WHO, AAP, and UNICEF. 
  • These banks collect, screen, process, and dispense human milk that is provided or donated by nursing mothers. 
  • Mothers suffering from diseases can cause infection to their babies through milk. This further drives the need for milk banks as a solution. Consequently, the adoption of electric breast pumps will also increase because they are required to extract milk from the breasts to later donate to the human milk banks. 
  • The availability of accessory products will encourage the adoption of electric breast pumps.
  • Baby product manufacturers are increasingly introducing other pump-related products such as nursing bras and breast pumping bras. 
  • The breast pump bras avoid any disturbance and discomfort to the mother by holding the breastfeeding pump flanges in place while expressing milk. 
  • Such innovative solutions will further drive the growth in the global electric breast pumps market during the predicted period.

This electric breast pumps market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Electric Breast Pumps Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AceWin Co. Ltd. 
  • Albert Hohlkorper GmbH & Co. KG
  • Ameda Inc.
  • Ardo medical AG
  • Babybelle Asia Ltd.
  • DR TRUST
  • Koninklijke Philips NV
  • Lansinoh Laboratories Inc.
  • Medela AG
  • Pigeon Corp.

 

The electric breast pumps market is fragmented and the vendors are deploying growth strategies such as M&A to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the electric breast pumps market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Electric Breast Pumps Market?

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44% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for electric breast pumps in North America. Market growth in this region will be slower than the growth of the market in Europe and Asia.

The governments and governing bodies including WHO, AAP, and UNICEF are creating awareness about the benefits of breastfeeding will facilitate the electric breast pumps market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Type Segments in the Electric Breast Pumps Market?

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The closed system electric breast pumps are extensively preferred over open system breast pumps because they require less maintenance. The preference for closed system breast pump is increasing among users with the rising awareness about its working mechanism. It also offers a barrier between the collection kit and the pump tubing, which prevents the chances of contamination. Therefore, the growth of the market segment is expected to be significant during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the electric breast pumps market size.

 

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What are the Key Factors Covered in this Electric Breast Pumps Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive electric breast pumps market growth during the next five years
  • Precise estimation of the electric breast pumps market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the electric breast pumps industry across North America, Europe, Asia, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electric breast pumps market vendors

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Electric Breast Pumps Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 276.75 million

Market structure

Fragmented

YoY growth (%)

5.73

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 44%

Key consumer countries

US, Germany, France, Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AceWin Co. Ltd. , Albert Hohlkorper GmbH & Co. KG, Ameda Inc., Ardo medical AG, Babybelle Asia Ltd., DR TRUST, Koninklijke Philips NV, Lansinoh Laboratories Inc., Medela AG, and Pigeon Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Closed system - Market size and forecast 2020-2025
    • Open system - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • Asia - Market size and forecast 2020-2025
      • ROW - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Competitive scenario
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • AceWin Co. Ltd. 
      • Albert Hohlkorper GmbH & Co. KG
      • Ameda Inc.
      • Ardo medical AG
      • Babybelle Asia Ltd.
      • DR TRUST
      • Koninklijke Philips NV
      • Lansinoh Laboratories Inc.
      • Medela AG
      • Pigeon Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      INFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases

      DATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts

      REPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape

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      Key Questions Answered

      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?

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      • Parent market analysis
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      • Detailed vendors report with competitive landscape
      • Covid-19 impact and recovery analysis
      • Data on revenue-generating market segments
      • Details on the market shares of various regions
      • Five-force market analysis