PUNE, India, June 14, 2016 /PRNewswire/ --
Global breast pump market growth is primarily driven by the rising number of single-parent and nuclear families. According to the US Census Bureau, in 2014, 83% of about 12 million single-parent families in the US were headed by single mothers as compared to 17% by single fathers. Of all the types of single-parent families, the most common type is the one that consists of a mother and her biological children. Since the mothers have to work to take care of the family expenditures, they have to rely on products such as breast pumps. These devices help them cater to the basic needs of the baby when they are away at work.
Complete report on breast pump market spread across 60 pages, analyzing 5 major companies and providing 28 data exhibits now available at http://www.sandlerresearch.org/global-breast-pump-market-2016-2020.html.
The analysts forecast global breast pump market to grow at a CAGR of 10.16% during the period 2016-2020.A trend which is positively impacting the breast pump market is technological advances. Breast pumps have undergone significant technological advances over the years, becoming a boon for both infants and mothers. The earlier breast pumps were manual, often ineffective, single use, and expensive. This led to a high amount of investment in the R&D of these pumps to build technically advanced solutions and address the issues related to the existing pumps. A key development in the evolution of breast pumps is the introduction of double electric breast pumps, which has made it possible for women to express their milk many times on a daily basis and reduces the average time required during a pumping session.
APAC leads the world in the use of the internet, and therefore provides the highest opportunity for online retailing. Different websites play a major role in creating awareness and availability of breast milk. Onlythebreast.com and Milkshare have helped, both parents looking to buy and those looking to sell excess breast milk. The growing popularity and trust in internet shopping, faster shipping services at competitive prices, and the wide variety of products available will present opportunities for sales of baby products, including breast pumps.
The breast pump market in the Americas was valued at USD 758.8 million in 2015. During the same period, the Americas emerged as the largest geographical segment with 53.44% of the market. The segment will grow steadily at the rate of 8.2% during the forecast period as the region includes high-growth-potential countries such as the US, Canada, Mexico, and Brazil. The breast pump market in EMEA was valued at USD 385.2 million in 2015. In 2015, EMEA emerged as the second-largest geographical segment for the breast pump market with a 27.13% share. It will grow steadily at the rate of 8% during the forecast period primarily due to the high demand for breast pumps in countries such as Germany, France, the UK, Italy, Russia, and Spain. The breast pump market in APAC was valued at USD 275.9 million in 2015. APAC will be the fastest-growing geographical market during the forecast period owing to the population boom in many countries such as China (which recently dropped its one-child policy) and India. Order a copy of Global Breast Pump Market 2016-2020 report @ http://www.sandlerresearch.org/purchase?rname=55620.
Further, the breast pump market report states that one challenge that could restrict market growth is the availability of alternatives to breast milk. The following companies are the key players in the global breast pump market: Ameda, Hygeia Medical, Lansinoh, Medela, and Philips Avent. Other prominent vendors in the market are: Bailey Medical Engineering, Chicco, Evenflo Feeding, Freemie (Dao Health), Handi-Craft, Linco Baby Merchandise Works, MAM, Mayborn, Nuby, NUK USA, Pigeon, Spectra Baby, and Whittlestone.
Another related report is Global Anesthesia Resuscitators Market 2016-2020, the analysts forecast global anesthesia resuscitators market to grow at a CAGR of 3.46% during the period 2016-2020. One trend that is propelling market growth is the rising demand for disposable resuscitators. Medical personnel worldwide are opting for disposable anesthesia resuscitators over traditional reusable resuscitators. Reusable resuscitators present risks of cross-contamination, resulting in hospital-acquired infections or nosocomial infections. Browse complete report @ http://www.sandlerresearch.org/global-anesthesia-resuscitators-market-2016-2020.html.
Explore other new reports on Medical Device Market @ http://www.sandlerresearch.org/market-research/medical-device.
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