Report ID: SQMIG35A2643
Report ID:
SQMIG35A2643 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
88 |
Figures:
76
The global breast pump market is studied on the basis of geography as North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America dominated the market in 2021 and is expected to grow at an 8.0% annual rate during the forecast period. North America dominated the overall market in terms of revenue share, owing primarily to the presence of high women employment rates, healthcare expenditure, sophisticated healthcare infrastructure, and patient awareness levels in this region. Furthermore, industry leaders are developing technologically advanced breast pumps, which will fuel the overall market over the forecast period.
Europe will hold more than 23% of the revenue share in 2021, owing to rising birth rates and rising female employment in the region. Working mothers face difficulties in managing and providing nutrition to their babies, which may increase neonatal mortality if not properly catered for. Breast pumps make it easier for working mothers to properly feed their babies. Furthermore, rising awareness of the benefits of breastfeeding among target consumers, i.e., lactating mothers, is expected to create growth opportunities for the Europe breast pump market in the coming years. High disposable income and technological advancements are also important driving factors for the regional market.
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REQUEST FREE CUSTOMIZATIONBreast Pump Market size was valued at USD 1.84 billion in 2019 and is poised to grow from USD 1.99 billion in 2023 to USD 4.08 billion by 2031, growing at a CAGR of 8.3% in the forecast period (2024-2031).
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Report ID: SQMIG35A2643