Breast Pumps Market Size to Reach USD 2.7 Billion by 2032 growing at 6.4% CAGR - Exclusive Report by Acumen Research and Consulting

Author: Acumen Research and Consulting

As reported by Acumen Research & Consulting, the global Breast Pumps Market reached USD 1.5 Billion in 2022 and is expected to achieve USD 2.7 Billion by 2032, with a projected CAGR of 6.4% during the forecast period

In recent years, the breast pump business has seen substantial expansion and innovation, driven by increased awareness of the significance of breastfeeding and a greater emphasis on mother health. The market is distinguished by a wide range of devices, including electric, manual, and battery-powered breast pumps that cater to the various demands of moms. With features like adjustable suction levels, double pumping capabilities, and smart connectivity choices, technological improvements have played a critical part in improving the efficiency and convenience of breast pumps. Furthermore, the sector has seen the rise of small and portable designs, giving moms more freedom in managing their nursing practices.

Breast pump demand has been pushed further by government programs and legislation favoring breastfeeding, as well as an increase in the number of working moms. Furthermore, a movement in customer preferences toward environmentally friendly and BPA-free products has led manufacturers to focus on developing sustainable and safe breast pump choices. The breast pump market is expected to continue growing as a result of continued research and development, increasing product accessibility, and a growing worldwide awareness of the advantages of nursing. However, constraints such as affordability, cultural views, and market saturation in developed nations may affect industry dynamics in the next years, necessitating strategic modifications by stakeholders.

Breast Pumps Market Value

Breast Pumps Market Statistics

  • The global breast pumps market is anticipated to achieve USD 1.5 billion in sales by 2022, with a projected growth of 6.4% CAGR from 2023 to 2032
  • North America led the market in 2022, capturing over 51% of the share
  • Asia-Pacific region is expected to exhibit a CAGR of over 8% from 2023 to 2032
  • Closed system dominated the product segment, constituting 66% of the market in 2022
  • Hospital-grade application generated sales exceeding USD 915 million in 2022
  • A significant breast pumps industry trend is the focus on ergonomics and portability driving demand for adhesives in battery assembly

Request for a sample of this premium research report@ https://www.acumenresearchandconsulting.com/request-sample/1316

Breast Pumps Market Dynamics

Increased Awareness of Breastfeeding Benefits Globally Fuels the Breast Pumps Market Value

The worldwide breast pump industry has grown significantly, owing primarily to growing knowledge of the multiple benefits of breastfeeding. Growing knowledge of the nutritional and immunological benefits of breast milk, along with initiatives to promote mother and newborn health, has resulted in a global increase in breastfeeding habits. Breast pumps are in high demand as more women become aware of the long-term benefits of breastfeeding on their child's growth and health. These devices provide a solution for moms who may experience difficulties in breastfeeding by allowing them to express and preserve breast milk while still ensuring that their newborns receive the vital nutrients and antibodies found in their mother's milk.

Governments and healthcare organizations throughout the world have been aggressively promoting breastfeeding as a crucial component of mother and child health, contributing to increasing breastfeeding knowledge and acceptance. As a result, the breast pump business has played an important role in sustaining and expanding nursing patterns. This trend is projected to continue and even accelerate as public health campaigns and educational activities continue to stress the benefits of breastfeeding, resulting in continued expansion in the worldwide breast pump market.

Expansion of Breastfeeding Initiatives and Support Programs Generates Significant Breast Pumps Market Opportunity

Breast pump sales will benefit significantly from the increase in breastfeeding initiatives and support services. Governments, healthcare institutions, and non-profit organizations throughout the world are increasingly focusing on creating comprehensive breastfeeding programs. Educational efforts to create knowledge about the benefits of breastfeeding, the creation of breastfeeding-friendly workplaces, and the introduction of lactation support policies in healthcare facilities are among the initiatives. As these programs gain pace, there is an increasing demand for effective solutions that enable women to overcome possible hurdles in their nursing journey, with breast pumps emerging as an important component in this environment.

The growing emphasis on establishing supportive circumstances for nursing moms is consistent with the global health agenda, which sees breastfeeding as a critical contribution to both maternal and baby health. Breast pumps serve an important role in allowing working moms to continue supplying breast milk to their infants while also contributing to the success of breastfeeding efforts. As a result, the growth of these programs presents a huge market opportunity for breast pump makers, motivating them to innovate and personalize their devices to match the changing demands of moms seeking both assistance and freedom in their nursing experiences.

Breast Pumps Market Segmentation

The global market for breast pumps has been segmented into product, technology, application, and region.

  • Product segment is bifurcated into closed system and open system
  • The technology segment split into manual, electric, and battery powered
  • Application segment covers personal use and hospital grade
  • Finally, the market is segmented by geography, with Asia-Pacific, Latin America, North America, Europe, and the Middle East and Africa (MEA) included

Breast Pumps Market Regional Outlook

The geographical outlook for breast pumps is affected by a combination of cultural views, healthcare infrastructure, economic variables, and government legislation. The market is well-established in developed nations such as North America and Europe, owing to a high awareness of the advantages of breastfeeding, strong healthcare systems, and the increased affordability of modern breast pump technology. A growing number of working moms, along with supportive workplace rules, add to the need for efficient and portable breast pumps in these locations.

The breast pump market is expanding in emerging economies, notably in Asia-Pacific, Latin America, and portions of Africa, as public awareness of the significance of breastfeeding grows. Government breastfeeding programs, along with an expanding middle-class population with disposable resources, are driving market development in these regions. Cultural variables and differing degrees of healthcare infrastructure, on the other hand, provide distinct problems. Affordability is still a major factor in many areas, resulting in the preponderance of manual or basic electric breast pumps. Overall, the geographical forecast for the breast pumps market reflects a mix of changing healthcare landscapes, cultural norms, and economic variables that impact worldwide acceptance and demand for breast pump technology.

Breast Pumps Market Players

Breast pumps companies profiled in the report include 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, and Philips N. V.

Click here to buy the Premium Market Research report https://www.acumenresearchandconsulting.com/buy-now/0/1316

Receive our personalized services and customization by clicking here https://www.acumenresearchandconsulting.com/request-customization/1316

Mr. Frank Wilson

Acumen Research and Consulting

USA: +13474743864

India: +918983225533

E-mail: sales@acumenresearchandconsulting.com