The global market for breast pump has come to the limelight across various regions due to an increased focus on maternity welfare and a rise in consciousness about issued pertaining to women. The market is expected to surge ahead in magnitude with the invention of various technologies. The breast pumps technologies have been at the helm of the gynecological domain wherein women are extensively being made aware of these pumps. A report by MarkerResearchReports.biz titled “Breast Pumps Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” sheds light on the various elements within the market that effectuate the demand for breast pumps over 2017-2025. A meticulous outline of the various trends, exhibits, and speculations floating in the market have been enunciated in the report, thus, giving a magnified outlook on the market situation. The report employs Porter’s Five Forces to gain an overview of the market and offer insights regarding immuring it of threats.
The growing population of working women across the globe has been ardent contributor to the demand for breast pumps. Moreover, there have been governmental initiatives to enhance the fettle of women have led to the upsurge in the market for these pumps. Hospitals have inducted these pumps to offer better healthcare services while these pumps have especially spurred in popularity in personal use. Technological advancements taken a comprehensive route to encompass advancements in the manufacture of breast pumps, which is expected to bring in innovation in this arena. The public’s faith in these services is another factor that augments the growth of the market, making it a sheen area for opportunities. There are brimming opportunities because of the type of products and their successive applications. Single electric breast pumps, double electric breast pumps, and manual breast pumps are amongst the various types of pumps that could be the launch pad of growth for the players. Besides, the usage in hospitals and for personal use makes up for the market’s spacious retreat.
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The report gives an in-depth analysis of the various advantages and disadvantages that follow from the use of breast pumps. An important standpoint that needs to be focused by the market analysts is the reimbursement scenario of these pumps. These successful mitigation of disadvantages and an effective utilization of the advantages offered by these pumps could be an abundant opportunity avenue for the market players.
The various geographical regions have responded differently to the market for breast pumps. This is due to the varying policies across regions that are in accordance with the welfare policies of the respective governments. The market is segmented on the basis of geography in the following regions: Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. The report elucidates the attractiveness of the market for several countries within these regions, which is a microscope for analyzing the regional market setup.
A range of business strategies are expected to be employed by the market players in order to garner the attention of the consumers. A sizable product portfolio seems a viable option for the players to engage in persuasive offering to the customers. Moreoever, the recent developments in technology could also be harnessed by the various players to gain a higher makrte share. The contemporary players in the market include Ameda, Inc., Koninklijke Philips N.V., Spectra Baby USA, Pigeon Group (Pigeon Corporation), Albert Manufacturing USA (Albert Group), Hygeia HealthArdo Medical Ag, Medela LLC., Evenflo Feeding, Inc., and Mayborn Group Limited (Shanghai Jahwa Co. Ltd).