Dublin, April 23, 2019 (GLOBE NEWSWIRE) -- The "Breast Pumps Market Size, Share & Trends Analysis Report By Product (Open, Closed), By Application (Personal Use, Hospital Grade), By Technology (Manual, Battery Powered, Electric), And Segment Forecasts, 2019 - 2026" report has been added to ResearchAndMarkets.com's offering.

The global breast pumps market size is expected to reach USD 3.3 billion by 2026. It is anticipated to progress at a CAGR of 7.8% over the forecast period. Increase in women employment, various government initiatives aimed at improving consumer awareness, and improving healthcare infrastructure in emerging economies are the key factors driving the growth.

Increasing women employment is expected to be a high-impact rendering driver for the market. Working women have a relatively higher disposable income and lesser time to breastfeed their babies, which is anticipated to boost the product demand. For instance, as per Eurostat, the women employment rate increased from 65.3% in 2016 to 66.5% in 2017. It becomes difficult for working women to provide proper nutrition to their babies, which has led to an increase in neonatal mortality. In such cases, breast pumps allow mothers to provide proper nutrition to their babies without hampering their professional life.

Furthermore, favorable health insurance plans might surge the product demand. Most health plans require consumers to purchase breast pumps of specific brands. Thus, manufacturers are entering into collaborations with insurance companies to enhance their market presence and market shares, thereby fueling growth of the breast pump market.

Further key findings from the study suggest:

• Based on product, closed system segment is projected to expand at the fastest CAGR in terms of revenue over the forecast period owing to increased product adoption.
• On the basis of technology, electric pumps segment is expected to witness significant growth over the forecast period owing to increasing inclination towards technologically advanced products.
• Hospital grade application segment led the market in 2018, attributed to rising awareness regarding the benefit of breastfeeding and increasing product adoption, due to rise in women employment rate.
• Asia Pacific is estimated to witness the highest growth, due to constantly improving healthcare infrastructure and growing customer awareness pertaining to the benefits and application of the product.
• Some of the key companies present in the breast pumps market are Ameda; Bailey Medical; Energizer Holdings; Hygeia Medical Group; Medela; Koninklijke Philips; Whittlestone; Linco Baby Merchandise Work's; Buettner-Frank; and Lansinoh Laboratories.

Key Topics Covered

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Information Procurement
1.3. Information Analysis
1.4. Market Formulation & Data Visualization
1.5. Data Validation & Publishing

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Breast Pumps Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Product Pipeline Analysis, by Stage
3.4. User Perspective Analysis
3.4.1. Consumer behavior analysis
3.4.2. Market influencer analysis
3.5. List of Key End-users, by Region/by Country/by Product/by Technology/by Application
3.6. Regulatory Framework
3.6.1. Reimbursement framework
3.6.2. Standards & compliances
3.7. Market Dynamics
3.7.1. Market driver analysis
3.7.2. Market restraint analysis
3.7.3. Industry challenges
3.8. Breast Pumps: Market Analysis Tools
3.8.1. Industry analysis - Porter's
3.8.2. PESTEL analysis
3.8.3. Major deals & strategic alliances analysis
3.8.4. Market entry strategies

Chapter 4. Breast Pumps Market: Segment Analysis, By Product, 2015 - 2026 (USD Million)
4.1. Definitions & Scope
4.2. Product Market Share Analysis, 2018 & 2026
4.3. Segment Dashboard
4.4. Global Breast Pumps Market, by Product, 2015 to 2026
4.5. Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the following
4.5.1. Open System
4.5.2. Closed System

Chapter 5. Breast Pumps Market: Segment Analysis, By Technology, 2015 - 2026 (USD Million)
5.1. Definitions & Scope
5.2. Technology Market Share Analysis, 2018 & 2026
5.3. Segment Dashboard
5.4. Global Breast Pumps Market, by Technology, 2015 to 2026
5.5. Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the following
5.5.1. Manual Pumps
5.5.2. Battery Powered Pumps
5.5.3. Electric Pumps

Chapter 6. Breast Pumps Market: Segment Analysis, By Application, 2015 - 2026 (USD Million)
6.1. Definitions & Scope
6.2. Application Market Share Analysis, 2018 & 2026
6.3. Segment Dashboard
6.4. Global Breast Pumps Market, by Application, 2015 to 2026
6.5. Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the following
6.5.1. Personal Use
6.5.2. Hospital Grade

Chapter 7. Breast Pumps Market: Criss-cross Matrix Analysis, By Product & Application, 2015 - 2026 (USD Million)
7.1. Definitions & Scope
7.2. Criss-cross Matrix Market Share Analysis, 2018 & 2026
7.3. Segment Dashboard
7.4. Global Breast Pumps Market, by Product & Application, 2015 to 2026
7.5. Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the following
7.5.1. Open System
7.5.2. Closed System

Chapter 8. Breast Pumps Market: Regional Market Analysis, By Region, 2015 - 2026 (USD Million)
8.1. Definitions & Scope
8.2. Regional Market Share Analysis, 2018 & 2026
8.3. Regional Market Dashboard
8.4. Regional Market Snapshot (Market Size, CAGR, Top Verticals, Key Players, Top Trends)
8.5. Regional Market Share and Leading Players, 2018
8.6. SWOT Analysis, by Factor (Political & Legal, Economic And Technological)
8.7. Market Size, & Forecasts, Volume and Trend Analysis, 2018 to 2025:
8.8. North America
8.9. Europe
8.10. Asia Pacific
8.11. Latin America
8.12. Middle East and Africa

Chapter 9. Breast Pumps Market - Competitive Analysis
9.1. Recent Developments & Impact Analysis, by Key Market Participants
9.2. Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
9.3. Vendor Landscape
9.3.1. List of key distributors and channel partners
9.3.2. Key customers
9.3.3. Key company market share analysis, 2018
9.4. Public Companies
9.4.1. Company market position analysis (Revenue, geographic presence, product portfolio, key serviceable industries, key alliances)
9.4.2. Company market share/ranking, by region
9.4.3. Competitive dashboard analysis
9.5. Private Companies
9.5.1. List of key emerging companies/technology disruptors/innovators
9.5.2. Funding outlook
9.5.3. Regional network map
9.5.4. Company market position analysis (geographic presence, product portfolio, key alliance, industry experience)
9.6. Supplier Ranking
9.7. Key Companies Profiled
9.7.1. Koninklijke Philips N.V.
9.7.2. Ameda AG
9.7.3. Bailey Medical
9.7.4. Energizer Holdings Inc.
9.7.5. Hygeia Health
9.7.6. Medela AG
9.7.7. Whittlestone Inc.
9.7.8. Linco Baby Merchandise Work's Co. Ltd.
9.7.9. Buettner-Frank GmbH
9.7.10. Lansinoh Laboratories

For more information about this report visit https://www.researchandmarkets.com/r/jo7l5a

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Related Topics: Medical Devices

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