Europe Breast Pump Market By Application (Hospital Grade and Personal Use), By Technology (Electric Pumps, Battery-powered Pumps and Manual Pumps), By Product (Closed System and Open System), By Country, Growth Potential, Industry Analysis Report and Forecast, 2020 - 2026
The Europe Breast Pump Market would witness market growth of 13.4% CAGR during the forecast period (2020-2026).
Breast pumps are advanced medical devices that are used to extract milk from the lactating mother. Majorly, these breast pumps are utilized by working women in order to manage work along with feeding their milk to babies. There are many cases in which babies could not suck milk, so doctors prescribe women to use these pumps with an aim to feed their babies. Many working women are highly preferring these pumps. The breast pump market is anticipated to record significant growth, because of the increasing technological advancements like double breast pumps that assist to avoid fat content from milk & replace it with great caloric value.
Several makers of breast pumps are heavily investing in the emerging markets, thereby boosting the market growth, by offering pricing & distribution activities are done effectively. Increasing awareness regarding the advantages & significance of breastfeeding is also estimated to propel the growth of the market. Additionally, the growth of the market would witness bright prospects due to the high availability of emerging devices along with the robust presence of main companies in the emerging nations.
The aspects such as insufficient period of maternity leave, the rising population of women workforces, and the growing awareness about the advantages & significance of breastfeeding are expected to boost the market growth. Some more factors which contribute to the growth of the market are: rising investment in healthcare sector by the government, technological advancements in electric breast pumps, & the supportive reimbursement scenario. Though, the growth of the breast pump market would be restricted by the high maintenance needed for electrical battery pumps & hospital grade pumps, greater risk of contamination associated with open system breast pumps, and more cost associated with breast pumps with less awareness, especially in developing regions.
The Electric Pumps market dominated the Russia Breast Pump Market by Technology in 2019, thereby, achieving a market value of $108.8 million by 2026. The Battery-powered Pumps market is exhibiting a CAGR of 13.6% during (2020 - 2026). Additionally, The Manual Pumps market is poised to grow at the highest CAGR of 16.3% during (2020 - 2026).
Based on Application, the market is segmented into Hospital Grade and Personal Use. Based on Technology, the market is segmented into Electric Pumps, Battery-powered Pumps and Manual Pumps. Based on Product, the market is segmented into Closed System and Open System. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke Philips N.V., Energizer Holdings, Inc., Pigeon Corporation (Lansinoh Laboratories), Hygeia Health, Inc., Linco Baby Merchandise Works Co., Ltd., Ameda, Inc. (Platinum Products Holding Inc.), Medela AG, Handi-Craft Company, Mayborn Group Limited, and Albert Manufacturing USA.
Scope of the Study
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