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.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.
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 Detailed Report With TOC at:
http://www.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.
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.
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.
View All Medical Devices Market Research Reports:
http://www.hexareports.com/category/medical-devices-market
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
2.5. Key Opportunities Prioritized
Chapter 3. Breast Pump Product Outlook
3.1. Open System Breast Pumps
3.2. Closed System Breast Pump
Chapter 4. Breast Pump Technology Outlook
4.1. Battery-powered Breast Pumps
4.2. Electrical Breast Pumps
4.3. Manual Breast Pumps
Chapter 5. Breast Pump Application Outlook
5.1. Personal Use
5.2. Healthcare (Hospital Grade) Use
View Industry Wise Reports at:
http://www.hexareports.com/industry-reports
Request A Sample copy of This Report at:
http://www.hexareports.com/sample/98174
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.
Media Contact
Company Name: Hexa Reports
Contact Person: Ryan Shaw
Email: sales@hexareports.com
Phone: 1-800-489-3075
Address:Felton Office Plaza, 6265 Highway 9
City: Felton
State: California
Country: United States
Website: http://www.hexareports.com/report/breast-pumps-market/details