Next Move Strategy Consulting
Breast Pumps Market Analysis: Challenges, Growth Factors, and Future Outlook
Breast Pumps Market Analysis: Challenges, Growth Factors, and Future Outlook
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The global Breast Pump Market is projected to reach USD 2.02 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.3%. This growth is driven by various factors, including the rising number of working women worldwide.
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Breast pumps have become essential tools for working mothers. They allow them to express and store breast milk conveniently, thereby maintaining breastfeeding routines even when they are away from their infants. The ability to balance professional responsibilities with the benefits of breastfeeding has significantly increased the demand for these devices. Consequently, the expanding working female population is a major driver of the breast pump market.
The advent of smart breast pumps has further enhanced the convenience and ease of breastfeeding for mothers. North America dominates the breast pump market and is expected to continue its growth trajectory during the forecast period. This regional dominance can be attributed to heightened awareness about the benefits of breast pumps, supported by initiatives from organizations and healthcare providers to promote their usage.
The breast pump market features a diverse range of players, including Acewin Co., Ltd., Albert Hohlkorper GmbH & Co Kg., Ameda (Magento, Inc.), Ardo Medical AG, Baby Express Singapore Pte Ltd, Babybelle Asia Ltd, Bailey Medical, Beldico, Chiaro Technology Limited, Spectra Baby, Frank Buettner GmbH, Freemie, Hygeia Medical Co., Ltd., Koninklijke Philips N.V., Lansinoh Laboratories, Inc., Linco Baby Merchandise Works Co., Ltd., Medela AG, Nuk USA LLC, Pigeon Corporation, Willow, and others.
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