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Breast Pumps Market is Expected to Reach $829 Million by 2022

Geographically, North America is the major regional market in 2015, owing to the widespread adoption of breast pump techniques. However, Asia-Pacific is expected to grow rapidly, owing to highly unmet medical needs, increasing disposable income of the population and increasing awareness about breastfeeding. In terms of value, Europe accounted for approximately one-fifth share of the overall market in 2015; mainly attributed to large number of women using breast pumps and is expected to grow at a CAGR of 5%.

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Breast Pumps Market is Expected to Reach $829 Million by 2022

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  1. Breast Pump Market Opportunities and Forecasts, 2014- 2022

  2. “The rise in closed breast pumps market can be attributed to lower risk of contamination, and ease in cleaning process‐. ‐Market players have successfully developed breast pumps with different functionalities such as pumping and bluetooth facilities, thus making it proficient for the lactating mothers. Furthermore, closed breast pumps can be reused, without being harmful, thus increasing the convenience and safety offered by these pumps, which is anticipated to create huge opportunities for their growth.” OnkarSumant BREAST PUMP MARKET

  3. BREAST PUMPS MARKET OVERVIEW • Breast Pumps Market report, published by Allied Market Research, forecasts that the global market is Projected to reach $829 million by 2022 from $540 million in 2015, growing at a CAGR of 6.6% during 2016-2022. • In terms of value, the battery powered breast pumps segment accounted for over two-thirds share globally, in 2015 and is expected to maintain its dominance during the forecast period. In terms of volume, manual breast pumps segment accounted for one-fourth share in 2015. • The major factors boosting the growth of breast pumps market are increasing working women population, rise in disposable income and growing awareness about importance of breastfeeding. • The market for battery-powered breast pumps is expected to grow at a significant rate owing to the increasing preference for faster, efficient portable pumping systems with an easy cleaning option. • Read more: https://www.alliedmarketresearch.com/breast-pump-market

  4. GLOBAL BREAST PUMPS MARKET SEGMENTATION

  5. BREAST PUMPS MARKET SEGMENTS • By Technology (Value and Volume) • Battery Powered Breast Pumps • Manual Breast Pumps • Electric Breast Pumps • By Product Type (Value and Volume) • Closed System Breast Pumps • Open System Breast Pumps • By Application (Value and Volume) • Personal Use Pumps • Healthcare/Hospital Grade Pumps

  6. TOP INVESTMENT POCKETS IN GLOBAL BREAST PUMPS MARKET

  7. BREAST PUMPS MARKET KEY BENEFITS • The report provides an in-depth analysis of the breast pump market across major countries, and total revenue generated during the forecast period. • Region-wise and countrywide shares in the global breast pump market are comprehensively analyzed in the report. • The report helps in understanding the strategies adopted by various breast pump companies, in order to gain a higher market, share in the global breast pump market. • Furthermore, key market players within this market have been profiled in this report and their strategies are analyzed thoroughly. This helps in understanding the competitive outlook on the supply side of the market. • The projections in the report are made by analyzing the current market trends and highlighting the market potential for the period of 2014-2022, in terms of value and volume. • Read more: https://www.alliedmarketresearch.com/connect-to-analyst/482

  8. BREAST PUMPS MARKET, BY PRODUCT TYPE, 2014‐2022

  9. BREAST PUMPS MARKET KEY FINDINGS • Closed system breast pumps is projected to be the fastest growing segment in terms of both value and volume, growing at a CAGR of over 6.5% and 7% respectively during the analysis period. • Asia-Pacific is estimated to be the fastest growing regional market in breast pumps market, growing at a CAGR of 9.7%, in terms of value, from 2016 to 2022. • In 2015, North America accounted for around three-fifths share of the world breast pumps market in terms of value. • Hospital grade breast pumps would be the highest revenue generating segment followed by personal use breast pump during 2016-2022. • In 2015, battery powered breast pumps was the leading segment and is projected to grow faster than global breast pump market at CAGR of over 6.4%, in terms of value. • Mexico is projected to be the fastest growing market in the North American region. • China and Japan are the leading country markets for breast pumps in the Asia-Pacific region.

  10. BREAST PUMPS MARKET, BY GEOGRAPHY, 2014‐2022 ($MILLION)

  11. BREAST PUMP MARKET BY GEOGRAPHY North America, Europe, Asia-Pacific, LAMEA,

  12. CONTACT US Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/ Follow Us On

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