The Global Breast Pump Market is estimated to reach over USD 4.46 billion by 2030, exhibiting a CAGR of 9.8% during the forecast period.
Breast pumps are primarily used to ease breast pain and deliver breast milk to babies who cannot sip milk on their own. The market is expected to rise due to increasing innovation in breast pumps by industry participants. Additionally, factors such as advancing knowledge of the advantages of using a breast pump, such as convenience, affordability, ease of soothing, and enhanced milk production, as well as insufficient maternity leave periods, are likely to drive market expansion throughout the forecast period. The availability of breast milk substitutes, declining birth rates, an ageing population, and concerns about pumping efficiency are projected to restrict market growth throughout the projection period. Launching innovative products that are easy to carry and use is expected to provide profitable growth opportunities for breast pump market players in the future. Furthermore, laws allowing public breastfeeding for the protection of mothers and the development of infant health are expected to raise knowledge about the benefits of breastfeeding and, as a result, boost the market growth over the upcoming years. However, the high cost of breast pumps, the availability of synthetic chemicals, and the COVID-19 outbreak may impede the growth of the target market throughout the projection period.
The breast pump market is segmented based on product type, technology, end-users and region. Based on product type, the market is segmented as closed system breast pumps and open system breast pumps. Based on technology, the market is segmented into manual breast pumps and electric breast pumps. Based on end-users, the market is segmented as homecare settings and healthcare facilities.
Based on product, the closed system breast pump segment is accounted as a significant contributor to the breast pump market.
The closed system breast pump category is expected to hold a significant share in the global breast pump market in 2021. Breast pumps with a secure system are safer for the child's health, assure optimum impurity removal, and are simple to clean. Over the forecast period, the development of portable instruments such as Amanda Hygienic by Amanda is expected to drive market growth. The closed breast pump has a more hygienic milk collection mechanism because it is not exposed to air, whereas the open system lacks a barrier between the milk collection kit and the pumping unit, posing a risk of milk contamination from impurities in the air such as bacteria, smoke, and dust, as well as a mound.
Electric pumps segment witnessed growth at a rapid rate
The electric pumps segment is projected to grow rapidly in the global breast pump market. A motor drives electric breast pumps, which deliver suction through plastic tubing to a horn that fits over the nipple. It has a lot higher suction, which makes pumping faster and allows you to pump both breasts at the same time. Electric pumps are preferred by working women because they can extract more milk in less time. When compared to a regular pump, the double pumping device saves time. Electric pumps are sometimes heavy and noisy, but manufacturers are continuing to apply modern technologies to make lighter, quieter pumps., especially in countries such as the US, Germany, UK, China, and India.
In the region, the North America breast pump market holds a significant revenue share.
The North America breast pump market is expected to register the highest market share in terms of revenue soon. This is due to a growth in breastfeeding awareness, a surge in the use of technologically improved items, and an increase in healthcare spending in the region. However, due to its large baby boomer generation, rising disposable budgets, and unmet desires, Asia-Pacific is expected to see a significant rise in the breast pump market size. Furthermore, legislation enabling public breastfeeding for the protection of mothers and the promotion of infant health is expected to raise knowledge about the benefits of breastfeeding and, as a result, boost the market growth.
The key players in the breast pump market are introducing effective strategies, such as mergers, acquisitions, and joint ventures of major and domestic players, to enhance their product portfolio and expand their global market presence. Some of the major key players in the breast pump market are Newell Brands, Amada Inc., Hygeia Health, Bailey Medical, Coinlike Philips N.V., Medea LLC, May born Group Ltd., Pigeon Corporation, Linc Baby Merchandise Works Co., Ltd, Ardo, Bedlike, BISTOS , Breed, CA-MI, Freebie, Hunker Essa vet Medical , Kawecki, La Diffusion Technique Françoise, Lansana, Mudpack Swiss Group , Microlite, Nubby, Rumble Tuff, tommie tipped, Trampers Healthcare, Chiara Technology Ltd., Wuxi Xinzhuang Baby Supplies.