Breast Pumps Market (By Product: Closed System, Open System; By Technology: Manual, Electric, Battery Powered; By Application: Personal Use, Hospital Grade) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Category : Healthcare and Pharmaceuticals | Published at : April-2019 | Delivery Format : PDF | Status: Published | Pages : 190

The global breast pumps market size is expected to reach around US$ 3 billion by 2026 and forecasted to grow at a CAGR of 7.5 % throughout the forecast period 2019-2026.

The report provides analysis of global Breast Pumps market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.

Some of the major motivating elements for growth are supportive government initiatives that aim to raise awareness of consumers, increase employment rates for women and improve health facilities in emerging economies. Supportive government efforts such as the United Kingdom's UNICEF breastfeeding initiative are expected to influence market growth positively. Such initiatives led to an increase of lactating rates from 32% in 2010 to 43% in 2018, which led to an increase in Europe's demand for breast pumps.

Likewise, government initiatives in America, such as provisions requiring national insurance companies to provide for breastfeeding equipment and services, e.g. breast pumps and lactation counseling, are key drivers at no cost to the patient. In the US, which is the world's largest regional market, demand for breast pumps has thus significantly increased.

In addition, the advantage of breastfeeding is increasingly being understood by consumers, i.e. mothers lactating. With global rates of literacy increasing, people now want to adopt advanced medical technologies in their daily lives. This is mainly due to the growing awareness, availability of latest equipment and the widespread geographical presence of major players on the market.

Market Dynamics

The market growth is accredited to have an insufficient maternity leave, a rapid increase in the workforce and awareness of the benefits and importance of breastfeeding. Other major factors, including technological developments in electric breast pumps, increasing government health expenditure and a favorable refund scenario, will also contribute to the market's growth. However, the market is expected in underdeveloped countries such as Afghanistan, Bhutan and Nigeria, where the high maintenance requirement included electrical pumps and hospital grade pumps, increased contamination risk of open system breasts pumps, high breast - pump costs and low awareness.

Product Outlook

The market was divided into open system and closed system breast pumps on the basis of the products. Due to the high use of these systems, the closed system led the overall sales market in 2018, as it is more hygienic and contamination free. This segment will also be the fastest growing during the forecast. Closed systems are a means for preventing contamination of the milk collected between the pumping unit and/or motor. The barrier also prevents milk particulate matter from entering the pump tube or engine. These devices ensure improved health safety for the child, maximize impurity removal and are easy to clean. Ameda is expected to introduce portable instruments like Ameda HygieniKit over the predicted period to drive the breast pumps market.

Application Insights

The most rapid growth in hospital pumps is expected because of an increase to breastfeeding awareness and an increase in breast pumps because of an increase in female employment. The pumps are bigger, stronger, longer lasting and are designed for multiple users. They effectively stimulate breast production and production of breast milk by raising the levels of hormones prolactin and oxytocin adequately. The FDA designs and approves hospital-grade pumps as safe for multiple applications. These pumps can be used by more than one mother, as they are designed to prevent cross contamination with barriers. The fact that these are designed for frequent, daily pumping can be employed in any kind of pumping situation. The introduction by Ameda, Lactina and Symphony of portable instruments like Elite, Lact-e and SMB by Medela is expected to lead the market in coming years.

Technology Stance

The rapidest growth due to the increasing inclination to technologically advanced product is expected to be observed for electric breast pumps. Powered by an engine and supplyed through plastic tube by electric breast pumps to the horn which is mounted on the nib. The efficient suction allows pumping considerably faster, thus enabling both breasts to be pumped simultaneously. In general, working mothers prefer using electric pumps, because in a less time they can easily extract more milk. Compared to normal pumps, double pumping requires less time. Electric pumps often have a lot of loudness and noisyness, but the companies still use state-of - the-art technology to produce lighter, less noise generating pumps. Moms who do not allow the pump to buy a new pump and require it for a short time are also offered electric pumps on rent. The Pure Your Ultra Breast Pump from AMEDA AG and Isis iQDuo Breast Pump from Philips AVENT are some of the major brands in this segment. Technological progress has led to the introduction of portable instruments, such as AMEDEA's Platinum Electric Breast Pump and Medela's Electric Swing Breast Pumps, which should be the market driver over the forecast period.

Regional Stance

The high level of market penetration, due to high women's employment rates, health expenditure, health infrastructure and patient consciousness levels, led North America to the highest market share in 2018. According to the Accessible Care Act, a working mother has the right to take breaks during working hours to give (pump) breast milk to her baby. This is expected to drive the North American market throughout the forecast period. Furthermore, the presence of laws like public breastfeeding to protect women is expected to raise awareness and in turn stimulate market growth.

In the projection period, Asia Pacific is expected to expand most fastly, with its share expected to increase from around 9% in 2015 to 16% in 2026 as unmet consumer demand is highly prevalent, health infrastructure constantly improved and the level of awareness of customers and disposable revenue increased.

Market Segmentation

Breast Pumps Market By Product

  • Closed System
  • Open System

Breast Pumps Market By Technology

  • Manual
  • Electric
  • Battery Powered

Breast Pumps Market By Application

  • Personal Use
  • Hospital Grade

Global Breast Pumps Market, By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

The market research study on “Breast Pumps Market (By Product: Closed System, Open System; By Technology: Manual, Electric, Battery Powered; By Application: Personal Use, Hospital Grade) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers detailed insights on global Breast Pumps market segments with market dynamics and their impact. The report provides insights on global Breast Pumps market by product, by application, by technology and major geographic regions. The report also covers basic technology development policies.

The report offers an overview of the market and statistical diagrams to support the expected figures. Our analysts predict the market scope and future prospects in an insightful way. The Acumen Research and Consulting report contains a comprehensive analysis of the global market in Breast Pumps segmented by molecular type, test type and region. The report outlines numerous growth strategies implemented by companies as well as the latest market trends. The market share and current position of all leading players are discussed in detail. It analyzes players ' new revenue sources and highlights the different strategies.

Key Players & Strategies

The Breast Pumps market is consolidated with large number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. The key players of the market are Ameda AG; Bailey Medical ; Energizer Merchandise Work Co., Ltd. ; Buettner - Frank GmbH ; Lansinoh Laboratories. AG ; Linco Baby Merchandise Work Co., Ltd. ; Medela AG ; Hygeia Medical Group ; Koninklijke, Philips N. V., among others.

In addition to improving their profitability and gaining a competitive edge on other players, the key players on the breast pumps market employ new ideas and concepts, improve production processes and improve the existing set of products. The key players therefore have taken product development as their key development strategy to be consistent with end users ' demands.

To maintain their position on the market, key players took strategic initiatives including merger and acquisition, partnership and product launch. In October 2017, for example, Philips introduced a baby application, uGrow, to help parents monitor the baby's development. The company's product portfolio is expected to be increased.

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