Breast Pumps Market to Grow at a CAGR of 5% through 2026
Verfasser: pradnya_86 on Thursday, 22 June 2017Introduction
Breast pump is a medical device used to elicit breast milk from lactating women. Breast pump products are available in two models, including manual breast pumps and electrical breast pumps. Electric breast pumps are available in two formats: single electric breast pumps and double electric breast pumps. Over the past few years, there has been an increase awareness about breast pumps, especially in developed countries. Various independent entities have emerged as standalone breast pumps manufacturers to cater to the everincreasing demand for products such as manual and electric breast pumps. In the recent past, companies have been focusing on introducing portable breast pumps targeting the consumer segment, which is anticipated to result in a surge in market share globally by 2026. Also, demand for electric breast pumps is increasing globally, thereby prompting more manufacturers to introduce such devices in the markets. These trend are expected to boost overall demand for breast pumps market during the forecast period.
Market Value Forecast
In terms of value, the global breast pumps market is anticipated to be valued at US$ 2,140.5 Mn by 2026, expanding at a moderate CAGR over the forecast period.
Market Dynamics