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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.
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Hexa Reports Market Research Reports and Insightful Company Profiles 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. Browse Detail Report With TOC @ http://www.hexareports.com/report/breast-pumps-market- analysis-by-product-open-system-closed-system-by-technology-manual-battery-powered-electric- pump-by-application-personal-use-hospital-grade-and-segment-forecasts-to-2020/ 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.
Hexa Reports Market Research Reports and Insightful Company Profiles 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 sophisticated healthcare infrastructure. Asia Pacific is expected to be the fastest growing regional market, at an estimated CAGR of 17.0% from 2014 to 2020. High prevalence of unmet medical needs coupled with constantly improving healthcare infrastructure coupled with growing populationin emerging markets of India and China are some of the factors accounting for its rapid growth. Personal use breast pumps are expected to experience significant market gains. Growing customer awareness levels coupled with increasing disposable incomes is one of the major factors accounting for its fast growth. Request A Sample copy of This Report @ http://www.hexareports.com/sample/42482 Key industry participants of this market include Medela Inc., Philips AVENT, Ameda Breastfeeding Solutions, Hygeia Medical Group, Whittlestone Inc., Lansinoh Laboratories Inc., Bailey Medical, Energizer Personal Care, and LLC (Playtex Baby). For the purpose of this study, Grand View Research has segmented the breast pump market on the basis of product, technology and region: Breast Pump Product Outlook oOpen system oClosed system Breast PumpTechnology Outlook oManual Pumps oBattery-powered pumps oElectric pumps Breast Pump Regional Outlook oNorth America oEurope oAsia Pacific oRoW Table Of Content Chapter 1. Executive Summary 1.1. Breast Pump Market - Industry Summary and Critical Success Factors (CSFs) Chapter 2. Breast Pump Industry Outlook 2.1. Market Segmentation 2.2. Market Size and Growth Prospects
Hexa Reports Market Research Reports and Insightful Company Profiles 2.3. Breast Pump Market Value Chain Analysis 2.4. Breast Pump Market Dynamics 2.5. Key Opportunities Prioritized 2.6. Industry Analysis - Porter's 2.7. Breast Pump Market PESTEL Analysis, 2013 Chapter 3. Breast Pump Product Outlook 3.1. Open System Breast Pumps 3.2. Closed System Breast Pump Browse All Medical Devices Market Research Related Reports @ http://www.hexareports.com/category/medical-devices-market Chapter 4. Breast Pump Technology Outlook 4.1. Battery-powered Breast Pumps 4.2. Electrical Breast Pumps 4.3. Manual Breast Pumps Chapter 5. Breast Pump Application Outlook 5.1. Personal Use 5.2. Healthcare (Hospital Grade) Use Chapter 6. Breast Pump Regional Outlook 6.1. North America 6.2. Europe 6.3. Asia Pacific 6.4. RoW Chapter 7 Competitive landscape 7.1 Ameda AG 7.2 Bailey Medical Engineering 7.3 Energizer Holdings, Inc. 7.4 Hygeia Medical Group 7.5 Medela AG 7.6 Royal Philips Electronics NV 7.7 Whittlestone, Inc. 7.8 Linco Baby Merchandise Work's Co. 7.9 Guangzhou Happy Baby Products Ltd 7.10 Philips AVENT 7.11 Buettner-Frank GmbH 7.12 Lansinoh Laboratories Chapter 8. Methodology and Scope
Hexa Reports Market Research Reports and Insightful Company Profiles 8.1. Research Methodology 8.2. Research Scope & Assumption 8.3. List of Data Sources Browse Full Report @ http://www.hexareports.com/report/breast-pumps-market-analysis-by- product-open-system-closed-system-by-technology-manual-battery-powered-electric-pump-by- application-personal-use-hospital-grade-and-segment-forecasts-to-2020/ About Us: Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Information: Ryan Shaw Felton Office Plaza, 6265 Highway 9, Felton, California, 95018, United States Phone Number 1-800-489-3075 Email Us: firstname.lastname@example.org Our Website: http://www.hexareports.com/ Our Blog: http://deepresearch2015.blogspot.in/