Published Date : 18 Oct 2022
The global breast pump market size accounted for USD 3.21 billion in 2022 and is projected to hit around USD 7.44 billion by 2030, growing at a CAGR of 11% from 2022 to 2030.
Breast pumps are medical equipment that helps nursing moms remove milk from their breasts. Employed women are the most frequent users of this equipment, as it allows them to continue breastfeeding their babies while at work. When a child is unable to suck dairy, doctors may advise mothers to utilize breast pumps to increase milk production. Working women are increasingly turning to breast pumps as a viable option.
The breast pump industry is predicted to increase significantly, thanks to advancements in technology such as double breast penis pumps, which help to remove fat content from milk and replace it with higher caloric value. The increased worldwide women’s employment rates, improved healthcare facilities in developing nations and markets, and government efforts to help working mothers are all driving the growth of the global breast pump market.
North America is the largest segment for breast pump market in terms of region.The U.S. is dominating the breast pump market in the North America region.Breastfeeding is particularly advantageous to both moms and newborns, according to the World Health Organization. The U.S. government has implemented a number of public awareness campaigns, such as Healthy People 2010, to promote breastfeeding. According to the U.S. Department of Labor, around 70% of moms with children work full time as of 2017. Thus, this factor is driving the growth of North America breast pump market.
Europe region is the fastest growing region in the breast pump market.The U.K.hold the highest market share in the Europebreast pump market. In Europe region, almost 4.2 million kids were born in 2019, with women’s employment rising from 58.3% in 2009 to 64.1% in 2019. As a result, the increase in birth rate is boosting the expansion of breast pump market in Europe region.
Report Scope Of Breast Pump Market
|Market Size in 2021||USD 2.9|
|Market Size by 2030||USD 7.44|
|Growth Rate from 2022 to 2030||CAGR of 11%|
|Largest Market||North America|
|Fastest Growing Market||Europe|
|Forecast Period||2022 to 2030|
|Segments Covered||Technology, Product, Application, and Region|
What are the Dynamics of the Breast Pump Market?
Drivers: Surge in the number of working women
Women’s engagement in the labor market has risen dramatically in recent years around the world. Thus, the global breast pump market’s growth can be due to a rapid rise in the number of working women, lack of adequate maternity leave, and increased awareness of the benefits and need of nursing.
Restraints: Lack of awareness regarding breast pumps
There is a great deal of misunderstanding concerning breast pumps in many underdeveloped nations, which leads to a low degree of acceptance. This is also due to the lack of resources. As a result, lack of awareness is restricting the growth of global breast pump market.
Opportunities: Growing difficulties of breastfeeding
As per the Nemours, a non-profit children’s health organization, most women stop breastfeeding their newborn babies too soon, boosting the demand for breast pumps. The mothers face difficulties such as breast refusal and breast engorgement. Thus, growing difficulties of breastfeeding is creating lucrative opportunities for the growth of global breast pump market.
Challenges: Rising availability of medicines
The wide range of medicines are utilized to induce milk production among female population. Motilium and Reglan, for example, are two typical prescription drugs that can assist improve milk production in women who are trying to induce lactation or have a poor milk supply. Moreover, pharmaceutical firms are launching more such medications. As a result, rising availability of medicines are one of the major challenges faced by the global breast pump market.
Some of the key players in the market include:
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