Breast Pumps Market to Surpass US$ 1,387.4 Mn by 2030 - Coherent Market Insights

Global Breast Pumps Market, By Product type (Close System and Open System), By Technology (Manual, Electric, and Wearable), By End User (Homecare Settings, Hospitals, and Maternity Centers), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 1,012.7 Mn in 2023 and is expected to exhibit a CAGR of 4.6% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.

Key market players are focusing on adopting growth strategies such as the launch of new products, which will drive the global breast pumps market. For instance, in January 2022, Freemie, a provider of breast pumps, announced the launch of SlimFit Cups, which are lighter, slimmer, adaptable, and simple to use for mother. This cute cup set works with any Freemie wearable pump and is more discreet than ever before.

Global Breast Pumps Market– Impact of Coronavirus (COVID-19) Pandemic

The World Health Organization (WHO) designated the illness caused by the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which first appeared in Wuhan (province of Hubei, China) in the last months of 2019, as "coronavirus disease 2019" or COVID-19. The virus spread quickly and had a serious negative impact on the economies, social behaviors, and healthcare of every country in the world.

COVID-19 affected the economy in three main ways: by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to the lockdown, several countries, such as India, China, Brazil, and others, faced problems with regard to the transportation of things from one place to another.

The COVID-19 pandemic is expected to drive the growth of the global breast pumps market over the forecast period. There has been a decrease in the rate of breastfeeding globally due to the fear of the spread of COVID-19 through breast milk. According to the International Breastfeeding Journal, in August 2020, there has a decrease in the rate of breastfeeding during the COVID-19 pandemic as mothers and infants were separated due to COVID-19-positive cases.

Moreover, according to the National Center for Biotechnology Information (NCBI) in August 2020 and the World Health Organization in June 2020, no cases were reported regarding the transmission of coronavirus from breast milk to infants, and more research is required to understand the risk of transmission involved.

Global Breast Pumps Market: Key Developments

In May 2023, Medela, a provider of breast pumps, received the iF Design Award for its Freestyle Hands-Free Breast Pump. This award honors design accomplishments across many disciplines, including product, packaging, communication, and service design, architecture, and interior design, as well as user interface (UI), user experience (UX), and professional concepts. It is one of the most prestigious design prizes in the world.

In January 2023, Willow Innovations, Inc., a provider of breast pumps, launched the first breast pump companion app, Willow 3.0 for Apple watch. The Willow 3.0 pumps have a smartwatch companion app that allows breastfeeding mothers to easily track, control, and view their pumping sessions.

In March 2022, TensCare, a provider of breast pumps, announced the launched of a new breast pump named Nouri, which offers a closed pump system and fast pumping. The Nouri range includes both single and double pumping

Browse 31 Market Data Tables and 30 Figures spread through 180 Pages and in-depth TOC on “Global Surgical Equipment Market”- Forecast to 2030, Global Breast Pumps Market, by Product type (Closed System and Open System), by Technology (Manual, Electric, and Wearable), by End User (Homecare Settings, Hospitals, and Maternity Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

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https://www.coherentmarketinsights.com/market-insight/breast-pumps-market-81

Key Takeaways of the Global Breast Pumps Market:

• The global breast pumps market is expected to exhibit a CAGR of 4.6% during the forecast period, owing to the increasing adoption of breast pumps. For instance, according to the statistics from the International Labor Organization (ILO) updated in February 2022, the current global labor force participation rate for women is under 47%. Many working mothers are opting for breast pumps to pump milk and feed babies when away for work. WHO’s fact sheet in 2021 showed that about 44% of infants 0–6 months old are exclusively breastfed.
• Among technology, the electric segment is expected to hold a dominant position in the global breast pumps market during the forecast period, and this is attributed to the increasing organic growth strategies such as product launches by key market players to expand their product portfolio. For instance, in November 2021, Ameda, a provider of breast pumps, announced the launch of Ameda Purely Yours Double Electric Breast Pump, designed for daily breast feeding purposes.
• Among regions, North America is expected to be the dominant region in the global breast pumps market, owing to the increasing use of breast pumps by working women in the U.S. For instance, on August 1, 2023, according to data provided by Center for Disease Control and Prevention, the average national breast feeding rate for the population of the U.S. stand at 83.1% in 2020. Working women used breast pumps for breast feeding, which is expected to drive market growth over the forecast period in North America region.
• Major players operating in the global breast pumps market are Koninklijke Philips N.V., Boston Scientific Corporation, Medela AG, Lansinoh Laboratories, Inc., Hygeia Medical Group, Ameda Breastfeeding Solutions, Spectra Baby USA, ARDO MEDICAL AG., Roscoe Medical, Linco Baby Merchandise Work’s Co., Ltd, Universal Corporation Ltd, Willow Innovations, Inc., Freemie, La Diffusion Technique Franchise, BelleMa, Microlife Corporation, Chiaro Technology Ltd, Motif Medical, Elvie, Pigeon Corporation