Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3,180 million | USD 6,140 million | 7.58% | 2023 |
The global breast pumps market size was evaluated at $3,180 million in 2023 and is slated to hit $6,140 million by the end of 2032 with a CAGR of nearly 7.58% between 2024 and 2032.
Breast pumps are medical equipment utilized by breastfeeding women for deriving milk from the breasts. They are utilized for maintaining as well as increasing milk production in women and relieving swollen breasts. Most women find it convenient to use a breast pump for storing breast milk for babies when they are away from babies. Breast pumps offer apt solutions for latching issues along with concerns over breastfeeding in public places and making use of lactation for adopted infants. The key reasons for using breast pumps are women’s desire to provide breast milk to premature children or sick infants who cannot breastfeed and concerns pertaining to breast pathology or infection in mothers like HIV.
Furthermore, breast milk has become a key part of the breastfeeding experience. Working women who are also mothers are using breast pumps in situations where there are no medical complications or job-related issues. The convenience of having the caretaker bottle-feed the milk (that is extracted from the breasts of the mother at work) to the child will enhance the demand for breast pumps in the upcoming years.
Launching of new products can proliferate the growth of the market globally by 2032
The effectiveness, proficiency, convenience, and comfort offered by breast pumps to mothers will drive the growth of the breast pumps market globally over the forecast time interval. The introduction of new breast pumps is likely to help mothers with breastfeeding issues feed more milk to their infants, thereby driving the global market trends. An increase in the per capita income has translated into a rise in the purchasing capacity of consumers, thereby driving the expansion of the global market.
Surging awareness about the benefits of to the use of breast pumps among the working women population in emerging economies will boost the growth of the global market. The launching of new breast pumps will contribute sizably to the global market revenue in the upcoming years. For instance, in January 2024, MAM, a leading baby product-making brand, launched a new wearable breast pumps for mothers who are working.
Lack of product availability to restrict the global industry expansion over forecast period
Low availability of product along with chances of infections caused to breasts due to the use of breast pumps can hamper the demand for breast pumps, thereby constraining the growth of the breast pumps industry across the globe.
Technological breakthroughs to create new growth avenues for the global market over 2024-2032
Rapid technological innovations in the design of breast pumps for offering comfort to women will generate new facets of growth for the global breast pumps market. Improvement in the healthcare infrastructure in developing countries and supportive initiatives by various governments regarding employed mothers are projected to help the global market reach new heights of growth in the coming years.
Breast Pumps Market: Challenges
Stringent government legislation about product usage can challenge the growth of the industry globally
Strict government laws regarding the use of the product can prove to be a huge challenge for the global breast pumps industry expansion. A rise in raw material costs and supply chain disruptions can further hinder the global industry surge.
The global breast pumps market is sectored into product type, technology, application, and region.
In product type terms, the breast pumps market across the globe is segregated into open systems and closed systems segments. Furthermore, the closed systems segment, which acquired nearly 55.5% of the global market earnings in 2023, is predicted to register the highest gains in the coming eight years. The rapid progression of the segment from 2024 to 2032 can be a result of a rise in the utility rates of these systems owing to their contamination-free and hygienic features.
Based on the technology, the global breast pumps industry is sectored into manual pumps and electric pumps segments. Additionally, the electric pumps segment, which collected a huge chunk of the global industry earnings in 2023, is expected to lead the segmental development in the coming eight years. The segmental surge over 2024-2032 can be due to the ability of the product to offer more suction along with making pumping notably fast.
Based on the application, the global breast pumps market is divided into personal use and hospital-grade segments. Additionally, the hospital grade segment, which collected a huge chunk of the global market earnings in 2023, is anticipated to lead the segmental expansion in the upcoming years. The segmental growth over the forecast period can be due to favorable features of hospital-grade breast pumps such as powerful motors. Moreover, hospital-grade breast pumps are also rented for personal use and operate on a closed system for reducing contamination along with ensuring safety for a large number of users.
Report Attributes | Report Details |
---|---|
Report Name | Breast Pumps Market |
Market Size in 2023 | USD 3,180 Million |
Market Forecast in 2032 | USD 6,140 Million |
Growth Rate | CAGR of 7.58% |
Number of Pages | 228 |
Key Companies Covered | Lansinoh Laboratories Inc., Ameda (Magento Inc.), Willow Innovations Inc., Medela AG, Koninklijke Philips N.V., Pigeon Corporation, Hygeia Health, Motif Medical, Chiaro Technology Limited (Elvie), Spectra Baby USA., and others. |
Segments Covered | By Product Type, By Technology, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is predicted to retain the dominant position in the global breast pumps market in the coming eight years
North America, which accounted for about 60% of the global breast pumps market proceeds in 2023, is predicted to be a dominating region in the coming eight years. In addition to this, the regional market surge over the forecast timespan can be due to the presence of key product manufacturers in countries such as Canada and the U.S. Rise in the acceptance of new products is likely to embellish the expansion of the market in the sub-continent.
The European breast pumps industry is anticipated to record the fastest growth rate during the forecast timeframe. The expansion of the industry in Europe can be due to the rise in birth rate along with the surging women populace in the continent. Additionally, growing awareness about the benefits of breastfeeding among the lactating women population in European countries such as the UK, France, Italy, and Germany will steer the expansion of the industry in the continent. A rise in the number of milk banks in countries such as the UK will increase the demand for products in the country. As per the European Milk Bank Association, there were nearly 15 breast milk banks in the UK in 2021 for providing donor milk to premature infants.
The global breast pumps market profiles key players such as:
By Product Type
By Technology
By Application
FrequentlyAsked Questions
Breast pumps are medical equipment utilized by breastfeeding women for deriving milk from the breasts. They are utilized for maintaining as well as increasing milk production of women and relieve swollen breasts.
The breast pumps market growth over forecast period can be owing to surging awareness about benefits due to use of breast pumps among the working women population in the emerging economies.
According to a study, the global breast pumps industry size was $3,180 million in 2023 and is projected to reach $6,140 million by the end of 2032.
The global breast pumps market is anticipated to record a CAGR of nearly 7.58% from 2024 to 2032.
The European breast pumps industry is set to register the fastest CAGR over the forecasting timeline owing to rise in birth rate along with surging women populace in the continent.
The global breast pumps market is led by players such as Lansinoh Laboratories, Inc., Ameda (Magento, Inc.), Willow Innovations, Inc., Medela AG, Koninklijke Philips N.V., Pigeon Corporation, Hygeia Health, Motif Medical, Chiaro Technology Limited (Elvie), and Spectra Baby USA.
The global breast pumps market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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