Global Breast Pump Market 2016-2020

Overview of the global breast pump market

Technavio’s market research analyst predicts the global breast pump market to grow at a CAGR of more than 8% by 2020. The rise in the number of working women has increased their purchasing power, which has led to the augmented procurement of baby care essentials such as breast pumps. The majority of the working women populace are resuming work immediately after giving birth, leading to busy schedules and hectic lifestyles. To meet the basic nutrient requirements of their babies, several women have started using breast pumps to store and provide their child with breast milk as and when required by caretakers. Also, the growing awareness about the benefits of breast milk has increased the demand for breast pumps across the world.

The market is witnessing significant technological advances in products where vendors are constantly making high investments to develop technically advanced solutions related to design and efficiency of the breast pumps, which can help mothers to extract their milk quickly. Vendors have come up with double electric breast pumps, which helps women to express their milk several times on a daily basis. These pumps can stimulate both the breasts simultaneously, which will help in increasing the milk supply.

Segmentation by technology and analysis of the breast pump market

• Battery-powered breast pump
• Electric breast pump
• Manual breast pump

During 2015, the battery-powered breast pump segment dominated the market and accounted for more than 57% of the total market share. The major reason for this segment’s growth is the increase in the number of working women which has compelled mothers to invest in these on-the-go battery-powered pumps. One of the major advantages of battery-powered breast pumps is that they are portable, and can be easily carried while travelling which helps mothers to extract milk in lactation rooms even during working hours.

Geographical segmentation and analysis of the breast pump market

• Americas
• APAC
• EMEA

APAC is the fastest-growing region in the market and is expected to grow at a CAGR of around 10% by 2020. Much of this region’s growth will come from the population boom in many countries such as China and India. Factors such as growing number of working women and subsequent increase in their purchasing power will accelerate the sales of breast pumps in the region in the coming years.

Competitive landscape and key vendors

This market is oligopolistic in nature, primarily dominated by key players. The market is growing steadily with an increase in awareness among women about the benefits of using breast pumps. With a significant demand coming from APAC countries, the regional players have high growth potential in this region. Vendors are competing in terms of price, availability, brand, and variety.

Key vendors in the market include -

• Ameda
• Hygeia
• Lansinoh
• Medela
• Philips Avent

Other prominent vendors in the breast pump market are Bailey Medical Engineering, Chicco, Evenflo Feeding, Freemie (Dao Health), Handi-Craft, Linco Baby Merchandise Works, MAM, Mayborn, Nuby, NUK USA, Pigeon, Spectra Baby, and Whittlestone

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global breast pump market?
• What are the key market trends impacting the growth of the global breast pump market?
• What are the challenges to market growth?
• Who are the key vendors in the global breast pump market?
• What are the market opportunities and threats faced by the vendors in the global breast pump market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global breast pump market?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Breastfeeding Supplies Market in the US 2016-2020
• Breastfeeding Supplies Market in Europe 2016-2020
• Global Breastfeeding Pumps Market 2015-2019