Breast Pumps Market Analysis, Industry Size, Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Segment Forecasts, 2012 to 2020

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Breast Pumps Market Analysis, Industry Size, Share,

Application Analysis, Regional Outlook, Growth, Trends,

Competitive Scenario And Segment Forecasts, 2012 To 2020

The global market for breast pumps is expected to reach USD 1,197.7 million by 2020, growing at an

estimated CAGR of 7.6% from 2014 to 2020. Introduction of innovative technologies including hand free

breast pumps, growing women employment rates coupled with growing awareness levels pertaining to

the advantages of breast milk are expected to drive breast pump demand over the next six years. In

addition, presence of untapped growth opportunities in emerging markets such as India, Brazil and

China and the introduction of government initiatives such as declaring breast pumps tax deductible are

expected to serve this market as future growth opportunities.

Closed breast pump systems dominated the overall market in terms of revenue share at 83.4% in 2013.

These systems are relatively more hygienic and free from microorganisms as the milk does not come in

contact with air at all and therefore, hold higher usage rates.

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Further key findings from the study suggest:

Battery-powered pumps dominated the pumping system type market in terms of share at over 55.7% in

2013 due to increasing number of women who are in need of extracting milk several times a day and

looking to store it for a longer duration.

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North America was the largest regional market in 2013, accounting for over 61.4% of global revenue due

to the presence of high women employment rate, patient awareness levels, healthcare expenditure and...