Save up to 30% on The Business Research Company’s comprehensive market research reports for a limited time only!

What is the Expected Growth Rate of the Breast Pumps Market for the Period 2024 to 2033?

The expansion of the breast pumps market has been quick in the past few years. It is set to increase from $1.15 billion in 2023 to $1.3 billion in 2024, with a Compound Annual Growth Rate (CAGR) of 12.4%. The historic growth is due to factors such as higher incidence of maternal employment, advocacy for breastfeeding, legislative backing, health care programs, emphasis on postpartum health, and sociocultural impacts.

In the imminent years, it is anticipated that the breast pumps market size will experience a quick expansion. The market is projected to reach $2.01 billion in 2028, with an 11.5% compound annual growth rate (CAGR). Factors such as global health initiatives, workplace inclusivity, sustainable products, economic empowerment, and adjustments in family structure contribute to the growth anticipated in the forecast period. Key trends during this period will likely include advancements in smart breast pump technology, the availability of portable and wearable breast pumps, individualised pumping experiences, the integration of telehealth for lactation support, and the use of sustainable and eco-friendly pumping products.

Claim Your Free Sample of the Global Breast Pumps Market Report Today!

https://www.thebusinessresearchcompany.com/sample.aspx?id=8381&type=smp

What Factors Are Responsible for the Growth of the breast pumps Market?

The worldwide increase in employment rates for women is advancing the growth of the breast pump market. Visible advancement has been noticed in the employment options available for women in the past few years. Data released monthly by the Bureau of Labor Statistics (BLS) indicates that in 2022, the percentage of women aged 16 to 19 participating in the labor force was 37.2 %. Breast pumps are a practical choice for working women desiring to continue breastfeeding while at work. Hence, the surge in the global women’s employment rate is enhancing the progress of the breast pumps market.

Which Segments Are Important for Insight into the Breast Pumps Market?

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

What Are the Significant Trends Reshaping the Breast Pumps Sector?

Leading corporations in the breast pumps market prioritize the creation of innovative solutions like electric breast pumps. These devices, intended to aid lactating individuals in nursing, use an electric motor to produce suction for a more efficient and convenient pumping process. For instance, Koninklijke Philips N.V., a multinational corporation based in the Netherlands, unveiled their new ‘Philips Avent Double Electric Breast Pump Advanced’ in March 2021. Complete with ‘Natural Motion technology’, this breast pump’s design is compact, portable and meets the demands of modern-day mothers balancing a busy schedule with breastfeeding. The technology sparks a more rapid milk flow than older models, giving moms a more effective method to extract breast milk. The pump allows for personalization with 8 stimulation and 16 expression levels and includes a secure pumping belt and a rechargeable battery. This ensures mothers are not confined to an outlet and can move around freely during pump sessions.

Order Now for Fast Delivery of Your Breast Pumps Market Report!

https://www.thebusinessresearchcompany.com/report/breast-pumps-global-market-report

Which Regions Are Essential for the Growth of the Breast Pumps Market?

North America was the largest region in the breast pumps market in 2023. Asia-Pacific region is anticipated to record the fastest growth over the forecast period. The regions covered in the breast pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Breast Pumps Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the breast pumps market, its market share, and analyzes key competitors along with their market positions.

The Table Of Content For The Breast Pumps Market Include

1. Breast Pumps Market Executive Summary

2. Breast Pumps Market Segments

3. Breast Pumps Market Size And Template Market Growth Rate

4. Key Breast Pumps Market Trends

5. Major Breast Pumps Market Drivers

……

25. Key Mergers And Acquisitions In The Breast Pumps Market

26. Top Breast Pumps Companies

27. Breast Pumps Market Opportunities And Strategies

28. Breast Pumps Market, Conclusions And Recommendations

29. Appendix

Discover Related Reports by The Business Research Company:

Intravenous Infusion Pumps Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/intravenous-infusion-pumps-global-market-report

Implantable Infusion Pumps Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/implantable-infusion-pumps-global-market-report

Analgesics Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/analgesics-global-market-report

Learn More About The Business Research Company

The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: