Breast Pumps Market to Surpass US$ 1,211.6 Million with a CAGR of 4.6% by 2027
A breast pump is a mechanical tool used by breastfeeding women to suction-extract their breast milk, which they then use to feed their newborn children. Both manually and electrically driven breast pumping equipment is available. Breast pumps are advantageous for working women, women with shorter gestational periods, and women who give birth to multiples since they are unable to simultaneously breastfeed all of the babies, therefore they prefer a breast pump. Breast pumps aid in meeting the nutritional needs of babies of working mothers who do not want to sacrifice their development and growth since they are not constantly present with their infants.
Business Dynamics
Launches of breast pumps by leading industry players are anticipated to fuel the market's expansion throughout the forecast period. For instance, Sonata, the first smart breast pump to give hospital-level performance in a personal use breast pump, was introduced by Madela, Inc. in November 2016. This breast pump connects to the extensive MyMedela app for digital breastfeeding support, which offers unrestricted access to professional advice and support that has been clinically proved to work.
Important aspects of the study:
▪️The market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2020–2027), using 2019 as the base year, are provided in this report's in-depth research of the global breast pumps market.
▪️It illustrates the appealing investment offer matrix for this market and clarifies prospective revenue opportunities across various categories.
▪️Key information regarding market drivers, restraints, opportunities, new product launches or approvals, regional outlooks, and competitive strategies used by the top players are also provided in this analysis.
▪️Based on the following criteria—company overview, financial performance, product portfolio, geographic presence, distribution tactics, significant advancements and strategies, and future plans—it covers the top players in the global market for breast pumps.
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