Thursday, 16 June 2016

Global Breast Pump Market to grow at a CAGR of 10.16% during the period 2016 - 2020; Finds New Report

Global Breast Pump Market 2016 - 2020

Report forecast the global breast pump market to grow at a CAGR of 10.16% during the period 2016-2020.

Breast pumps are devices used to suction milk from the breasts of lactating mothers and store it in a container to provide a continuous supply of breast milk for feeding their infants as and when required. For instance, when the mothers are not able to feed directly or are away for work, the stored milk can be fed to the infant by the caretakers. Breast pumps assist in triggering the milk ejection response from lactating mothers by creating a seal around the nipple and applying and releasing pressure.

The report covers the present scenario and the growth prospects of the global breast pump market for 2016-2020. To calculate the market size, we use the revenue generated from the sales of manual, electric, and battery-powered breast pumps.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA

According to the report, a key growth driver is the rising number of single-parent and nuclear families. Of all the types of single-parent families, the most common type is the one that consists of a mother and her biological children. According to the US Census Bureau, in 2014, 83% of about 12 million single-parent families in the US were headed by single mothers as compared to 17% by single fathers. Since the mothers have to work to take care of the family expenditures, they have to rely on products such as breast pumps. These devices help them cater to the basic needs of the baby when they are away at work.

Further, the report states that one challenge that could restrict market growth is the availability of alternatives to breast milk.

Global Breast Pump Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global breast pump market: Ameda, Hygeia Medical, Lansinoh, Medela, and Philips Avent.

Other Prominent Vendors in the market are: Bailey Medical Engineering, Chicco, Evenflo Feeding, Freemie (Dao Health), Handi-Craft, Linco Baby Merchandise Works, MAM, Mayborn, Nuby, NUK USA, Pigeon, Spectra Baby, and Whittlestone.

Market driver
  • Number of single-parent and nuclear families
  • For a full, detailed list, view our report

Market challenge
  • Alternatives to breast milk
  • For a full, detailed list, view our report

Market trend
  • Technological advances
  • For a full, detailed list, view our report

Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors? 

Spanning over 60 pages and 28 Exhibit Global Breast Pump Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by technology, Segmentation by product type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape.

For more information Visit at: http://mrr.cm/Jeg

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