Global Breast Pumps Market Report and Forecast 2024-2032

Global Breast Pumps Market Outlook

The global breast pumps market size was valued at USD 3.43 billion in 2023, driven by the increasing demand for breast pumps, the rising population of working women and growing disposable income. The market is anticipated to grow at a CAGR of 10.6% during the forecast period 2024-2032 to reach a value of USD 8.49 billion by 2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Electric Segment to Augment the Market Growth of the Global Breast Pumps Industry

Based on technology, the electric segment is estimated to account for a considerable share in the global breast pumps industry during the forecast period. This growth can be attributed to the increased demand for electrically powered breast pumps among consumers. These breast pumps are powered by a motor, which provides suction and makes milk pumping quite fast. Moreover, the double pump models further reduce the time taken for pumping milk compared to regular pumps. In addition, the battery-powered pumps are also gaining prominence owing to their lightweight and ease of portability. These factors are expected to drive the market growth in the coming years.

North America to Occupy a Substantial Market Share in the Global Breast Pumps Industry

North America is predicted to hold a substantial market share in the global breast pumps industry. This surge can be attributed to the increased adoption of breast pumps in the region. The growing awareness concerning breast pumps is a major factor leading to the increased demand for these devices. In addition, the rising investments in the healthcare sector by the government to provide a sophisticated healthcare infrastructure to the patients are also expected to lead to the industry growth in the region. Furthermore, the high employment rate among women is also a major factor contributing to the industry growth, as working women use the breast pumps to express milk to be stored for later use. These factors are estimated to significantly drive the market growth in the coming years.

Breast Pumps: Market Segmentation

Breast pumps are FDA-approved medical devices that are used by lactating women to extract milk from their breasts. These devices help maintain or increase a woman's breast milk supply, relieve engorged breasts and plugged milk ducts, or pull out inverted nipples so a nursing baby can latch on more easily. Moreover, breast milk is expressed by women who return to work after giving birth so that the milk can be fed to the baby through a bottle. The pumped milk can be stored in a refrigerator for easy accessibility. In addition, breast pumps comprise a breast shield that settles over the nipple, a pump that works like a vacuum to express the milk, and a detachable container for collecting milk, which can be manual or powered by batteries or a power outlet.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

By product, the market is divided into:

• Open System 
• Closed System

Based on technology, the market can be segmented into:

• Manual 
• Battery-Powered
• Electric

On the basis of application, the industry can be bifurcated into:

• Personal Use
• Hospital Grade

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Favourable Reimbursement Policies and the Rapid Technological Advancements to Bolster the Growth of the Global Breast Pumps Industry

The favourable reimbursement policies offered by the insurance agencies are driving the global breast pumps industry. For instance, in the United States, the health insurance plans under the Affordable Care Act are required to provide breastfeeding support, counselling, and equipment during the period of breastfeeding, which includes the cost of a breast pump and assistance from a certified lactation consultant. Moreover, with the rising population of working women, the breast pump technology is increasingly being adopted to express milk while working. In addition, the rising technological advancements, fuelled by the increasing investments by the key market players in the research and development of breast pumps technology, are estimated to positively impact the industry growth. For instance, in March 2021, Phillips Avent announced the launch of their new electric breast pump device inspired by the baby’s natural feeding motion. The product comes with natural motion technology and portable, lightweight, and compact design for mothers to help them in their busy lifestyles. Such developments are expected to drive the market growth in the forecast period.

Key Industry Players in the Global Breast Pumps Market

The report gives a detailed analysis of the following key players in the global breast pumps market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Bailey Medical Engineering
• Ameda, Inc
• Medela AG
• Linco Baby Merchandise Works Co., Ltd.
• Koninklijke Philips N.V.
• Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

Key Highlights of the Report