Increasing Population of Working Women to Drive the Global Breast Pumps Market to US$1.03 Billion by 2018
The global market for breast pumps, which was valued at US$0.62 billion in 2011, is estimated to grow at a CAGR of 7.5% between 2012 and 2018, thereby reaching a market value of US$1.03 billion by 2018. Breast pumps refer to special medical devices that are used for expressing and storing breast milk. The milk thus expressed can easily be stored in containers for future use. Breast pumps are mostly used for reasons such as stimulating lactation in case there is low milk supply, continuation of feeding on breast milk even after a woman resumes work after maternal leave, and for providing relief from engorgement.
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