San
Francisco, 20 November 2018, The BRIC breast pump market size is expected to reach USD 313.6 million
by 2026, according to a new report by Grand View Research, Inc., registering a
10.8% CAGR during the forecast period. Growing awareness among mothers,
improving healthcare infrastructure, declining infant mortality rate,
increasing population of working mothers, and rising government initiatives are
some of the key factors driving the market.
Surge in awareness campaigns by
private and public organizations with respect to advantages of breastfeeding
has encouraged working mothers to use breast pumps. For instance, UNICEF
conducted a National Breastfeeding Promotion Program in August 2016, called
Mothers’ Absolute Affection (MAA) in New Delhi, India, to create awareness
regarding breastfeeding. Initiatives such as these have influenced many working
women to use breast pumps and have also helped in understanding the benefits of
breastfeeding. In addition, rising number of births in developing nations such
as India as well as advancements in product improvement by key players have
fueled the breast pump market.
Access Full Research
Report On BRIC Breast Pump Market Analysis:
Further key findings from the report suggest:
·
By technology, the electric
breast pump segment is projected to ascend at the highest CAGR of 13.5% over
the forecast period. Electric breast pumps provide better comfort and easy
applicability, driving their adoption among mothers
·
In 2026, China is expected to
emerge as the leading regional market for breast pumps, with a share of over
29.0%. This is attributed to supportive government initiatives
·
Some of the key players in the
market are Newell Brands, Inc.; Pigeon Corporation; Koninklijke Philips N.V.;
Medela LLC; and Mayborn Group Limited. Koninklijke Philips N.V. and Medela LLC
are expected to dominate the market over the forecast period.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
global BRIC breast pump market on the basis of product, technology,
application, and country:
BRIC Breast Pump Product
Outlook (Volume, Units Sold; Revenue, USD Million, 2015 - 2026)
·
Open System
·
Closed System
BRIC Breast Pump Technology
Outlook (Volume, Units Sold; Revenue, USD Million, 2015 - 2026)
·
Manual
·
Battery Powered
·
Electric
BRIC Breast Pump Application
Outlook (Volume, Units Sold; Revenue, USD Million, 2015 - 2026)
·
Personal Use
·
Hospital Grade
BRIC Breast Pump Country
Outlook (Volume, Units Sold; Revenue, USD Million, 2015 - 2026)
·
Brazil
·
Russia
·
India
·
China
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/bric-breast-pump-market-analysis
www.grandviewresearch.com/press-release/bric-breast-pump-market-analysis
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
