© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Breast Pump Market Size, Share, Research Report 2024: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Global breast pumps market is slated to grow from close to USD 850 million in 2015, at more than 7% CAGR.  Battery powered segment was over USD 460 million in 2015 and is anticipated to be worth over USD 816 million by 2024, owing to its ease of use and portability.  Electric breast pumps market size will manifest robust growth of above 10% from 2016 to  Germany and UK collectively accounted for over 50% of Europe breast pumps market share in Increasing female employment rate, improving awareness levels and rising disposable income should drive regional breast pumps market growth. Key Insights from Breast Pump Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Japan breast pumps market size was valued at over USD 40 million in 2015, with rapidly growing population, rising women employment rate and demographics being demand stimulants.  Brazil breast pump market share was over 47% of the LATAM revenue in 2015, with expectations to surpass USD 14 million by Improving healthcare infrastructure, favorable economic environment and adoption of technologically advanced breast pumps should spur breast pumps market growth.  The threat of new entrants in the breast pumps market is likely to be higher during forecast period due to presence of relatively less stringent regulatory and product approval environment.  The key industry players include Ameda Breastfeeding Solutions, Philips, Medela, Bailey Medical, Hygeia Medical Group, Energizer Personal Care, and Whittlestone. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Breast Pumps Market Size, by Technology, (USD Mn)

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Browse Full Market Research Report On Breast Pump Request for a Sample of this Research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Product Trends Closed system attributed for over 85% of breast pump market share with target market size slated to reach USD 1,506 million by 2024, owing to high usage rates associated with their improved hygiene. Battery powered breast pump market share held over 54% of overall revenue, slated to exceed USD 816 million by 2024, while electric pumps will manifest lucrative 10.6% growth over the forecast period owing to higher efficacy in terms of comfort and user friendliness technology exhibited by these products.  Regional Trends U.S. breast pump market size was valued at over USD 405 million in 2015 and growing at 4.9% from 2016 to Rising women employment rate, growing healthcare expenditure and increasing patient awareness should contribute towards business growth.  Competitive Market Share Global breast pump market analysis reveals an oligopolistic nature and domination by few giant players such as Medela, Philips and Ameda Breastfeeding Solutions collectively accounting for over 75% of industry revenue in A large number of small local players supply breast pumps via a crude network of distributors, and thus, their collective contribution to the global breast pumps market is relatively low. 360° Analysis

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