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The global breast pump market size was valued at USD 1.82 billion in 2023. The market is projected to grow from USD 1.96 billion in 2024 to USD 3.74 billion by 2032, exhibiting a CAGR of 8.4% during the forecast period. North America dominated the global market with a share of 42.31% in 2023.
A breast pump is a medical device lactating women use to extract milk from their breasts. There are two kinds of devices available in the market, open-system breast pumps and closed-system breast pumps. The companies functioning in the market focus on consistent innovation and improve their product portfolio with new and proficient product offerings, such as wearable and double electric pumps, for better outcomes for lactating women. Similarly, these companies are working to enhance product awareness in the market through various collaborations across the globe.
The breast pump market growth is credited to the rising demand for advanced products, such as wearable and double electric pumps, driven by the growing birth rate and the surging women's employment rate worldwide. The surge in consciousness concerning women's health devices in developing and developed nations also propels the market's growth. Moreover, increasing focus on funding and investments by market players in research and development contributes to the global market growth.
The impact of COVID-19 resulted in a low demand for breast pumps in 2020. This was attributed to the increasing rate of direct breastfeeding, leading to a decline in the adoption of these devices during the pandemic. In 2021, the market witnessed an increase in terms of the company revenues due to an increase in product adoption. The rising product awareness and adoption in the market are expected to propel market growth during the forecast period.
Increasing Adoption of Wearable Pumps to Boost Market Growth
In recent years, the market witnessed a trend of increasing adoption of wearable pumps. Wearable pumps are devices that users wear in a nursing bra or a hands-free pumping bra. These devices are more beneficial than traditional pumps as they don’t have cords, and lactations women can pump while working.
Furthermore, the growing focus of market players to introduce advanced wearable pumps, such as silenced wearable pumps. Key players are also collaborating with national suppliers to expand access to insurance-covered breast pumps. Such factors are expected to increase the adoption of the devices among mothers, thereby propelling the market growth in the forecast timeframe.
Such a strong focus of companies on developing wearable pumps coupled with the rising adoption of these pumps among mothers is expected to provide long-term opportunities for market growth.
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Increasing Rate of Working Women to Increase the Adoption of Breast Pumps
There has been a substantial increase in the women's employment rate, increasing demand for these devices among working women.
Various benefits associated with these devices, such as accessibility, portability, and convenience of carrying pumped milk in a bottle in advance for comfortable feeding, are expected to increase the adoption of these devices in the near future. Moreover, it is also helpful for mothers who underwent breast surgery to feed their babies.
Furthermore, the introduction of wearable pumps by market players has increased the adoption of the devices among working women due to their portability features, allowing women to multitask.
Such developments in these pumps and the rising women's employment rate are expected to reflect a positive market growth trajectory over the forecast period.
Rapid Launch of Breast Pumps to Propel Market Growth
In recent years, the awareness of women's health devices in developed and developing countries has significantly increased the adoption of these devices among mothers, especially working mothers.
Furthermore, companies operating in the market have increased their focus on developing and launching advanced pumps for lactating women.
Moreover, the increasing clinical research on these devices is expected to move product development and launches strongly in the future.
Such development and launches of these devices by manufacturers are expected to increase their adoption, thereby propelling the market growth during the forecast period.
Association of Adverse Effects with Breast Pumps to Hinder Market Growth
Adverse effects of these devices that women can experience include reduced milk supply, delay in the mother's recovery after childbirth, nipple & breast tissue damage, and engorgement, which are anticipated to hamper the growth of the market during the forecast period.
Furthermore, these devices can harm the growth of the baby as bottle feeding can decay the baby's teeth, deplete the nutrients of breast milk, and also there are chances of milk contamination.
Such potential adverse effects associated with these products are expected to limit the market growth in the near future.
Automatic (Electric/Battery-powered) Segment to Hold a Major Share due to Rapid Introduction of Wearable Pumps
Based on technology, the market is segmented into manual and automatic (electric/battery-powered).
In 2023, the automatic (electric/battery-powered) segment held the largest market share and was predicted to extend at the highest CAGR during the forecast period, 2024-2032. The growth can be credited to factors such as stronger suction power and its ability to the expression of more breast milk in a shorter time period. Furthermore, the growing number of working women and increasing launches of advanced automatic pumps, such as silent wearable pumps, are anticipated to propel the segment in the forecast timeframe.
Such introduction of advanced automatic pumps is expected to strengthen the segmental growth during the forecast period.
The manual segment is expected to extend at a substantial CAGR during the forecast timeframe. The advantages associated with manual pumps, such as their low cost, portability, and high accessibility, as compared to automatic pumps are predicted to propel the segment in the long run.
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Consumer Grade to Hold a Major Share due to the Increasing Adoption of Portable Pumps
Based on application, the market is segmented into hospital grade and consumer grade.
The hospital grade segment is predicted to expand at a substantial CAGR during the forecast period, 2024-2032. The high growth rate is attributed to the increasing issues related to milk lactation in women combined with surging launches of these devices by market players in developed and developing countries.
The consumer grade segment accounted for the highest market share in 2023 and is anticipated to broaden at the highest CAGR during the forecast period. The highest share of this segment is due to the increasing demand for portable devices coupled with increasing launches of advanced pumps. Furthermore, the growing focus of market players to expand their footprint in the market through campaigns is expected to boost the growth of the consumer grade segment.
North America Breast Pump Market Size, 2023 (USD Billion)
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North America market size stood at USD 0.77 billion in 2023 and is anticipated to expand at a moderate CAGR during the forecast period. The growth is due to the quick introduction of wearable pumps, the growing adoption of electric pumps, the well-established healthcare infrastructure, and the introduction of advanced products by leading players.
Europe is projected to expand at a substantial CAGR during the forecast time period. The growth is due to the growing population of working women coupled with surging demand for advanced products. Furthermore, the surging number of campaigns by companies to increase pump cognizance is expected to boost the market in Europe.
The Asia Pacific breast pump market is expected to grow at the highest CAGR during the forecast period. The market growth across the region is attributed to the growing awareness regarding women's health devices and the increasing adoption of these products. Furthermore, the surging focus of key companies to expand their presence in the region by launching new products are some of the factors expected to thrust the market during the forecast period.
The markets in Latin America and the Middle East & Africa regions are expected to expand at a lower CAGR in comparison with other regions during the forecast period. The growth is attributable to the factors such as the growing campaign of the non-profit organization and market players for women's health, the increasing number of births, improved healthcare infrastructure in emerging economies, and the increasing adoption of these devices.
Presentation of Advanced Electric Products by Companies to Reinforce their Market Position
The market is consolidated due to the large market shares accounted for by key companies operating in the market.
The key companies functioning in the market are Medela AG, Koninklijke Philips N.V., and Pigeon Corporation. In 2023, these three companies together accounted for a major breast pump market share.
Medela AG's hospital grade product has been in the market for several years and has remained to perform well even with the presentation of new hospital grade products. The highest share of the company is due to its sturdy product portfolio and growing emphasis on the introduction of new advanced products in the market.
Additional companies with novel product presentations include Motif Medical, Bellababy Global, Microlife Corporation, Shenzhen Fitconn Technology Co., Ltd., and other small and medium-sized market players. These companies are constantly focusing on new product launches with advanced features and geographical expansions.
An Infographic Representation of Breast Pump Market
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The research report provides a detailed competitive landscape. The report provides information related to key industry developments and new product launches. In addition, the report includes the global market analysis for 2019-2032 and the impact of COVID-19 on the market. Moreover, it covers the market dynamics such as market drivers, restraints, opportunities, and trends.
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ATTRIBUTE | DETAILS |
Study Period | 2019-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2019-2022 |
Unit | Value (USD billion) |
Growth Rate | CAGR of 8.4% from 2024-2032 |
Segmentation
| By Technology
|
By Application
| |
By Geography
|
Fortune Business Insights says that the global market stood at USD 1.82 billion in 2023 and is expected to reach USD 3.74 billion by 2032.
The market is expected to expand at a CAGR of 8.4% during the forecast period (2024-2032).
The consumer grade segment is set to lead the market by application.
The increasing introduction of advanced pumps, rising population of working women, and growing awareness of womens health devices are expected to drive the market growth.
Medela AG, Koninklijke Philips N.V., and Pigeon Corporation are the top players in the market.
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