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The global Breast Pump Market is expected to reach USD 1.20 billion by 2020, according to a new report by Grand View Research, Inc. Increasing awareness about breast feeding and the need to supply mother’s milk for a period 6 months to 1 year after child birth is a key driver for the market growth.
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Hexa Reports Market Research Reports and Insightful Company Profiles Breast Pump Market Analysis, Share and Size, Emerging Trends, Overview and Outlook, Growth And Segment Forecasts To 2022 The global Breast Pump Market is expected to reach USD 1.20 billion by 2020, according to a new report by Grand View Research, Inc. Increasing awareness about breast feeding and the need to supply mother’s milk for a period 6 months to 1 year after child birth is a key driver for the market growth. Growing global population and rising birth rates in emerging and underdeveloped economies with large untapped opportunities are clear indicators of a constantly widening consumer base for breast pumps over forecast period. Working women, who are lactating mothers, are under stress due to the fact that they need to return to work place within weeks after the child’s delivery, and at the same time they also need to ensure that the child is breast fed to grow as a healthy child. These breast pumps which enable mother’s to retrieve and store the breast milk are an ideal solution, as they can manage their both professional and personal life. Furthermore, these breast pumps also address the needs of lactating women in hospitals, home care and other lactating centers. Browse Detail Report With TOC @ http://hexareports.com/report/breast-pumps-market/details Additionally, various government initiatives to promote breast feeding and improve the healthcare outcomes are expected drive market growth. In the U.S., the Affordable Care Act has certain provisions which provide reimbursement for acquiring a breast pump and also covers the consultation charges.
Hexa Reports Market Research Reports and Insightful Company Profiles On the basis of product, the market is segmented as open system and closed system. In 2013 closed breast pump system held the maximum share of nearly 82%. The closed devices are highly utilized as these devices provide better safety to the child, eliminate impurities and prevent the milk contamination. The market is segmented on the basis of technology as, battery powered breast pump electric breast pump and manual breast pump. The battery powered breast pumps accounted for the maximum share of more than 55% in 2013. The battery powered breast pumps are highly preferred by women who extract milk several times a day and store it for a longer duration. Further key findings from the study suggest: In 2013, North America was the largest market with more than 63% share in global Breast Pump Market. Key reasons attributed are high awareness levels, large women working population and strong encouragement from various stake holders to increase the breast feeding coverage and improve the pediatric healthcare. However, Asia Pacific is expected to be the fastest growing market owing to high economic development, rising disposable incomes and high unmet needs. The developing countries of Asia Pacific region are expected to increase the public and private healthcare expenditure, and also implement various UNICEF and WHO programmes for breast feeding thus boosting market growth. Key market players include, Buettner-Frank GmbH Ltd., Energizer Holdings Inc., Ameda Breastfeeding Solutions, Whittlestone Inc., Linco Baby Merchandise Work's Co.Ltd, Medela,Inc., Bailey Guangzhou Happy Baby Products Medical Engineering, Philips AVENT, Hygeia Medical Group II, and Lansinoh Laboratories, Inc. Furthermore, entry of new players with technologically advanced products is expected to propel usage rates over the forecast period. Request A Sample copy of This Report @ http://hexareports.com/sample/98174 Europe was the largest market and is expected to witness gains at a CAGR of 5.7% from 2015 to 2022. Positive outlook towards the orthopedic sector, mainly in Germany, is expected to drive market growth. Key industry players including CeramTec, Amedica Corporation, Zimmer Biomet Holdings, Inc, DOCERAM Medical Ceramics GmbH, Straumann, Nobel Biocare and CoorsTek Medical, LLC. These companies are investing heavily in research and development activities of bioceramics materials. Companies such as CIRTEC Medical Systems perform thermal shock testing of brazed and ceramic components which help in making robust designs. In addition, the company is also using x-ray and dye penetration technology to evaluate various ceramic components.
Hexa Reports Market Research Reports and Insightful Company Profiles Table of Contents Chapter 1. Executive Summary 1.1. Breast Pump Market - Industry Summary and Critical Success Factors (CSFs) Chapter 2. Breast Pump Industry Outlook 2.1. Market Segmentation 2.2. Market Size and Growth Prospects 2.3. Breast Pump Market Value Chain Analysis 2.4. Breast Pump Market Dynamics 2.4.1. Market Driver Analysis 2.4.2. Market Restraint Analysis 2.5. Key Opportunities Prioritized 2.6. Industry Analysis - Porter's 2.7. Breast Pump Market PESTEL Analysis, 2013 Chapter 3. Breast Pump Product Outlook 3.1. Open System Breast Pumps 3.1.1. Global Open System Breast Pump demand, (USD Million), 2012 – 2020 3.2. Closed System Breast Pump 3.2.1. Global Closed System Breast Pump demand, (USD Million), 2012 – 2020 Chapter 4. Breast Pump Technology Outlook 4.1. Battery-powered Breast Pumps
Hexa Reports Market Research Reports and Insightful Company Profiles 4.1.1. Global Battery-powered Breast Pumps demand, (USD Million), 2012 – 2020 4.2. Electrical Breast Pumps 4.2.1. Global Electrical Breast Pumps demand, (USD Million), 2012 – 2020 4.3. Manual Breast Pumps 4.3.1. Global Manual Breast Pumps demand, (USD Million), 2012 – 2020 Browse Full Report @ http://hexareports.com/report/breast-pumps-market/details About Us: Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Information: Ryan Shaw Felton Office Plaza, 6265 Highway 9, Felton, California, 95018, United States Phone Number 1-800-489-3075 Email Us: sales@hexareports.com Our Website: http://www.hexareports.com/ Visit Our Blogs: http://hexareports.blogspot.in