Press release
Breast Pumps Market to be Driven by Rising Awareness Regarding Benefits of Breastfeeding
Transparency Market Research (TMR) has recently published a research report on the global breast pumps market, estimating the market to expand at a CAGR of 8.80% during the period from 2014 to 2020 and reach a value of US$2.6 bn by the end of the forecast period.The research report, titled “Breast Pumps Market - Global Industry Analysis, Size, Volume, Share, Growth, Trends and Forecast 2014 - 2022,” states that the market stood at US$1.1 bn in 2013.According to the research report, the increasing preference for breastfeeding, coupled with the increasing availability of highly advanced medical and healthcare facilities, has propelled the global breast pump market significantly in the recent times. In addition to this, analysts at TMR project the favorable reimbursement scenario to boost the demand for breast pumps in the coming years.
Download Exclusive Sample Brochure: http://bit.ly/2aMadgT
The report analyzes the worldwide breast pumps market on the basis of product and the regional spread of this market. By product, the market has been segmented into manual pumps, hospital-grade pumps, single electric pumps, and double electric pumps.
The single electric breast pumps segment led the global market in 2013. The cost efficiency of single electric breast pumps is considered as the major factor behind the growth of this segment. However, the double electric breast pumps segment is expected to post the fastest growth during the forecast period. Apart from this, the demand for manual breast pumps is also projected to register remarkable growth in the coming years driven by their easy handling, states the research study.
Regionally, the report segments the global breast pumps market into North America, Asia Pacific, Europe, and the Rest of the World. North America dominated the worldwide market in terms of both volume and revenue in 2013. The rising preference for breastfeeding among people in this region has propelled the North America breast pumps market substantially over the past few years. Analysts at TMR expect this trend to continue in the coming years, owing to which North America is expected to maintain its leading position during the forecast period, notes the study.
The breast pumps market in Asia Pacific, Europe, and the Rest of the World has also been anticipated to exhibit healthy growth in the near future, owing to the growing awareness pertaining to the benefits of breastfeeding, states the report.
The report also evaluates the competitive landscape of the global breast pumps market by analyzing the company profiles of major market participants. According to the report, the worldwide market for breast pumps is oligopolistic in nature, with the top three players collectively occupying more than 75% of the overall market.
NUK USA LLC, Hygeia Medical Group II, Ameda AG, Mayborn Group Ltd., ARDO Medical AG, Pigeon Corp., Lansinoh Laboratories Inc., Whittlestone Inc., Medela AG, Bailey Medical Engineering, and Royal Philips Electronics NV are some of the key breast pump manufacturers mention in this report.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Breast Pumps Market to be Driven by Rising Awareness Regarding Benefits of Breastfeeding here
News-ID: 353676 • Views: …
More Releases from TMR - MD
Technological Advancements in Endoscopic Procedures have Resulted in Several Imp …
Medical videoscopes help to enhance the visualization system during various surgeries enabling health care experts to closely observe body cavities and organs. Videoscopes contain specific software that creates dynamic 3D images from the output of computed tomography (CT), magnetic resonance imaging (MRI) and other scanners. The images are thereby used by health care professionals to improve the diagnosis of serious medical conditions. Medical videoscopes are usually 10 mm or lesser…
Dental Pain Market is teeming with opportunities for established players as well …
A new research study by Transparency Market Research (TMR) provides a comprehensive assessment of the global dental pain market. The report, titled “Dental Pain Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020,” is available for sale on TMR’s website.
According to the research report, the global dental pain market is teeming with opportunities for established players as well as new entrants. The market also provides…
Febrile Neutropenia Market: Majorly driven by the efforts of key players to deve …
Febrile neutropenia is defined as the development of fever with sign of infection. Febrile neutropenia is one of the most severe complications during cancer chemotherapy and is mainly caused by infectious agents like gram positive and gram negative bacteria. This diseased condition significantly reduces white blood cell count of the patients. Blood test is helpful to determine the number of white blood cells and to diagnose febrile neutropenia disease. Additionally,…
Glenoid Implant System Market: Strategies of key players and products offered
Glenoid implants are mainly used for hemiarthroplasty. Hemiarthroplasty involves replacing just the joint surface of the humeral head with a cap-like prosthesis without a stem. In shoulder replacement surgery, the damaged parts of the shoulder are removed and replaced with artificial components, called a prosthesis. The treatment options are either replacement of just the head of the humerus bone (ball), or replacement of both the ball and the socket called…
More Releases for North
North America Epoxy Composites Market
North America Epoxy Composites Market, By Type (Glass Fiber, Cotton Fiber, Paper Fiber), Resin Type (Epoxy Resin, Phenolic Resin, Melamine Resin), Manufacturing Process (Layup Process, Compression Molding Process, Resin Injection Molding Process, Resin Transfer Molding Process, Filament Winding Process, Pultrusion Process), End User (Wind Energy, Aerospace and Defense, Sporting Goods, Automotive and Transportation, Electrical and Electronics, Pipe and Tank, Marine, Others), Country (U.S., Mexico, Canada) Industry Trends and Forecast to…
North America Drone Simulator industry report - North America Drone Simulator Ma …
The drone simulator market in North America is expected to reach US$ 535.17 million by 2028 from US$ 251.38 million in 2021; it is estimated to grow at a CAGR of 11.4% from 2021 to 2028.
The latest North America Drone Simulator Market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis…
UberJets Helping People Get North!
In 2022 consumers have the freedom to purchase, order, or reserve, practically anything with a click of a button. Buying has never been more transparent through the utilization of mobile app technology. Typically, users can perform tasks such as book a hotel or purchase game tickets all from an app; so it only makes sense that one can order a private aircraft to get to anywhere, and anytime using the…
North America Apnea Monitors Market : North America Opportunity Analysis and Ind …
CRIFAX has recently announced its latest research report on 'North America Apnea Monitors Market, 2020-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the game. Additionally, recent trends, mergers and acquisitions, region-wise growth analysis along with challenges that are affecting the growth of the market are also stated…
North America Footwear Market -Consumers In North America Are More Inclined Towa …
In the last couple of years, North America has emerged at the forefront of the fashion and sports apparel industry. Not only has easy and uninterrupted internet access bolstered consumer awareness regarding the latest buzz in the fashion scenario, but it has also helped them shop for the products they want with a simple touch of their fingers on their smartphones or tablets. The developed countries in the region such…
Electrical Fuses Market: Production Enterprise To Become Main Application Phase …
The North America electrical fuses market is likely to witness the advent of more compact and slimmer electronics with leading players vying to cater to ever-changing consumer preferences. The development of the latest technologies and innovation have thus emerged as the most defining trends in the market. The electrical fuses market in North America is primarily driven by the rising demand for electricity and efficient power delivery systems. Besides this,…
