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Electric Breast Pumps Market Size, Share & Industry Analysis, By Product Type (Single Pump, Double Pump), By Usage Pattern (Hospital, Homecare, Others), By Distribution Channel (Hospitals Pharmacy, Retail Pharmacy, Online Pharmacy) and regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI103976 | Status : UpcomingAs breastfeeding is one of the most effective ways to ensure child survival and good health, World health Organization (WHO) with keen interest promotes breastfeeding as the major source for nourishment for infants and young children. To support this encouragement, manufacturers have launched electric breast pump. These products provide suction of the breast faster than the manual breast pump. Technological advancements in the products have led to increase product sales thus driving the market value. Also, raising awareness about the importance of breastfeeding by the government is anticipate to boost demand leading to rise in the global market size of the electric breast pumps during the forecast period.
The major factor driving the global electric breast pump market is the latest developments in the electric breast pump products providing advantages for minimal manual efforts. Also, flexibility and ease of use is another factor contributing to the growth of the market during the forecasted timeframe.
On the flip side, lower awareness of the novel products in the emerging countries is likely to affect the sales of the company thus generating lower revenue.
Market Segmentation:
By product type, the global electric breast pump market is segmented into single pump and double pump. Based on usage pattern, the global market is segmented into hospital, homecare, and others. Based on distribution channel, the market is classified as hospital pharmacy, retail pharmacy, and online pharmacy.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Players Covered:
The major companies in the global electric breast pump market report includes Ameda, Inc., Medela AG, Koninklijke Philips N.V., Pigeon, Dr. Trust, Ardo medical AG, Angelcare USA LLC, Hygeia Health, and Others.
Key Insights
- Technological Advancements in the Electric Breast Pumps Market
- New Product Launch
- Snapshot of the Adoption of the Electric Breast Pumps
- COVID-19 Impact on the Global Electric Breast Pump Market
- Key Industry Developments – Mergers, Acquisitions, and Partnerships
Regional Analysis:
The global electric breast pump market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America followed by Europe dominated the global market in 2019, owing to the increased adoption rate of the products by the mothers in the countries. Additionally, rising government initiatives to boost consumer awareness among the population is the factor driving the market growth. Introduction of the novel products in the Asia Pacific countries is likely to accelerate the demand and sales of the products in this region. This along with growing mergers and acquisitions between industry players is likely to promote the sales of the electric pumps in countries like China, India, and other countries. Latin America and Middle East & Africa are projected to register a comparatively lower CAGR by the end of the forecast period.
Segmentation
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Electric Breast Pump Industry Developments
- In September 2019, Spectra Baby USA announced the launch of premium electric breast pump S3 Pro. The product is a multi-user pump and is specially hospital graded.
- In June 2019, Motif Medical announced that its product Luna double electric breast pump received the prestigious Mom’s Choice Award.
- Global
- 2023
- 2019-2022