Monday 21 September 2015

Breast Pumps Market Expected to Reach USD 2.60 billion Globally in 2022

Breast pumps are referred to as the medical devices used by lactating mothers to express milk. Additionally these devices are also used to establish milk supply and help relive engorged breasts. These devices are regulated by the U.S. Food and Drug Administration. These pumps are designed to mimic the suckling action of the nursing baby and can act as a supplement to breastfeeding. The demand for these devices is increasing due to the rising number of working women and their growing disposable incomes. Consistent technological advances followed by introduction of breast pumps with enhanced pumping capacity, variable suction pressures, ease of operation will further enhance the acceptance of breast pumps across the globe. On the other hand high cost of these devices and strenuous maintenance of these devices are some of the limiting factors that might restrain the market growth.

Changing Consumer Preferences to Propel Electric Breast Pumps Segment

The segmentation of the global breast pumps market is based on three main parameters, which are the type of pumping system, the product design, and geography. On the basis of the type of pumping system, the global breast pumps market is classified into electric, manual, and battery-powered pumps. The electric pumps segment is further classified into hospital-grade electric pumps, and personal electric pumps. Based on product design, this market is segmented into open system pumps, and closed system pumps.

The largest share in the global breast pumps market within the pumping system segment is held by electric pumps. The market for electric pumps is primarily fueled by changing consumer preferences which involves a shift in demand from less durable devices to aesthetically sound, fast, and user-friendly devices. Apart from rising disposable incomes, the global breast pumps market is also driven by greater awareness with regard to the importance and benefits of breastfeeding.

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Breast pumps majorly differ in their mode of operation and technology used in the pumps. Manual breast pumps as the name suggests needs to be operated manually and does not support frequent breast feeding. While single electric breast pumps is upgraded version which runs on electricity and is more efficient than manual breast pumps. Hospital grade breast pumps are by far the most superior type of breast pumps loaded with many features such as high motor capacity, variable suction pressures and can be used by multiple mothers.

However, these pumps are not compact to carry due to which are not feasible to use at the workplace. Double electric breast pumps market is anticipated to record highest growth rate during the forecast period from 2014 to 2022, owing to the considerable price and efficient pumping capacity. On the other hand manual breast pumps market is estimated to record the lowest growth rate throughout the forecast period due to strenuous operation and less efficiency. In terms of volume, manual breast pumps market is the largest market segment as compared to others owing to their low cost and easy availability. 

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