Breast Pump Market Share, Size, Growth and Segment Forecasts to 2022
- Submitted by: Hexareports
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- Date Submitted: 08/10/2016 12:20 AM
- Pages: 4
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The global Breast Pump Market is expected to reach USD 1.20 billion by 2020, according to a new report by Grand View Research, Inc. Increasing awareness about breast feeding and the need to supply mother’s milk for a period 6 months to 1 year after child birth is a key driver for the market growth. Growing global population and rising birth rates in emerging and underdeveloped economies with large untapped opportunities are clear indicators of a constantly widening consumer base for breast pumps over forecast period.
Working women, who are lactating mothers, are under stress due to the fact that they need to return to work place within weeks after the child’s delivery, and at the same time they also need to ensure that the child is breast fed to grow as a healthy child. These breast pumps which enable mother’s to retrieve and store the breast milk are an ideal solution, as they can manage their both professional and personal life. Furthermore, these breast pumps also address the needs of lactating women in hospitals, home care and other lactating centers.
Browse Detail Report With TOC @ http://hexareports.com/report/breast-pumps-market/details
Additionally, various government initiatives to promote breast feeding and improve the healthcare outcomes are expected drive market growth. In the U.S., the Affordable Care Act has certain provisions which provide reimbursement for acquiring a breast pump and also covers the consultation charges.
On the basis of product, the market is segmented as open system and closed system. In 2013 closed breast pump system held the maximum share of nearly 82%. The closed devices are highly utilized as these devices provide better safety to the child, eliminate impurities and prevent the milk contamination.
The market is segmented on the basis of technology as, battery powered breast pump electric breast pump and manual breast pump. The battery powered breast pumps accounted for the maximum share of more than 55% in 2013. The...
Working women, who are lactating mothers, are under stress due to the fact that they need to return to work place within weeks after the child’s delivery, and at the same time they also need to ensure that the child is breast fed to grow as a healthy child. These breast pumps which enable mother’s to retrieve and store the breast milk are an ideal solution, as they can manage their both professional and personal life. Furthermore, these breast pumps also address the needs of lactating women in hospitals, home care and other lactating centers.
Browse Detail Report With TOC @ http://hexareports.com/report/breast-pumps-market/details
Additionally, various government initiatives to promote breast feeding and improve the healthcare outcomes are expected drive market growth. In the U.S., the Affordable Care Act has certain provisions which provide reimbursement for acquiring a breast pump and also covers the consultation charges.
On the basis of product, the market is segmented as open system and closed system. In 2013 closed breast pump system held the maximum share of nearly 82%. The closed devices are highly utilized as these devices provide better safety to the child, eliminate impurities and prevent the milk contamination.
The market is segmented on the basis of technology as, battery powered breast pump electric breast pump and manual breast pump. The battery powered breast pumps accounted for the maximum share of more than 55% in 2013. The...