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The breast pumps market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 10%, as per The Business Research Company’s market report!

Read More On The Breast Pumps Market Report 2022 https://www.thebusinessresearchcompany.com/report/breast-pumps-global-market-report

The Breast Pumps Market Size In 2022 And Forecast

The global breast pumps market is expected to grow from $0.93 billion in 2021 to $1.01 billion in 2022 at a compound annual growth rate (CAGR) of 9.3%. The global breast pump market is expected to grow to $1.50 billion in 2026 at a CAGR of 10.3%.

The breast pumps market consists of sales of breast pumps by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing breast pumps.

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An Increase In The Global Women’s Employment Rate Is Driving The Growth Of The Breast Pumps Market

According to monthly data published by the Bureau of Labour Statistics (BLS), an estimated 76.24 million women were on payrolls in December 2019—that’s 109,000 more women than men. At the end of 2019, women made up to 50.04% of all those on payrolls. The breast pumps offer a convenient option for employed women to continue breastfeeding their babies while still at work. Therefore, the increasing global women’s employment rate added to the growth of the breast pumps market.

Competitive Landscape And The Regional Analysis Of The Breast Pumps Market

Major players in the breast pumps market are Ameda AG, Bailey Medical, Medela AG, Ardo Medical Inc, Linco Baby Merchandise Work Co. Ltd, Pigeon Corporation, Hygeia Health, Lansinoh Laboratories, Whittlestone Inc, and Koninklijke Philips NV.

The Breast Pumps Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the breast pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the breast pumps market.

Launch Of New Breast Pump Devices With Small Size And Portable Features – A Key Trend In The Breast Pumps Market

The launch of new breast pump devices with small size and portable features is the key trend gaining popularity in the development of the breast pumps market.

Breast Pumps Market Segmentation By The Business Research Company

1) By Product: Open System Breast Pump, Closed System Breast Pump

2) By Technology: Manual Breast Pump, Battery Powered Breast Pump, Electric Breast Pump

3) By Application: Personal Use, Hospital Grade

Here Are Some Reports Related To The Breast Pumps Market –

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Breast Cancer Diagnostics Global Market Report 2022

Medical Equipment Global Market Report 2022

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