Global Breast Pumps Market Assessment & Forecast: 2015 - 2019
Published By : SA-BRC Published Date : 2015-12-01 Category : Medical Devices Sub Category : Medical Equipment No. of Pages : 45

According to the new report “Global Breast Pumps Market Assessment & Forecast: 2015 - 2019” by SA-Business Research & Consulting Group, the global breast pumps market was valued at US$ 1,159.0 million in 2014 and expected to grow to US$ 1,691.5 million by 2019 at a CAGR of 7.8% from 2015 to 2019.

This report focuses on estimating the market of four types of pumps, namely; Manual, Electric, Hospital-Grade and Battery operated (portable electric). The report also discusses various aspects and trends of the market according to six regions of North America, Europe, Asia-Pacific, Latin America, Middle-East and Africa. Primary growth drivers of the market in North America and Europe are greater purchase power, large number of product choices, high level of awareness and increasing number of human milk banks. Popular organizations involved in this process include Only the Breast and Human Milk 4 Human Babies. Brazil is estimated to have over 235 human milk banks and The Human Milk Banking Association of North America (HMBANA) establishes extensive human milking guidelines for approximately 15 banks in North America. In United States, the Affordable Care Act has provided pregnant women and new mothers access to lactation support, counselling and feeding equipment. Although every insurer and plan differs based on the choice of the buyer, pregnant women and new moms are usually eligible for a standard electric breast pump either for free or with co-pay. The reimbursement rules in other developed regions such as United Kingdom, France, Germany and other Western European countries are similar. Some Nordic and Scandinavian countries even provide complete mother-child care support through government plans free of cost. This is one of the most prominent factors supporting the growth of the market.

SA-BRC team analyzed commercial and research activities of over 15 players in the breast pumps market. Since the Breast Pumps are not regulated stringently by healthcare authorities the market has been commoditized to a great extent and there have been many strategies followed by companies to market their products and increase overall presence in various segments. Due to the commoditized nature and low regulations, market entry is easy. The overall market in terms of players is consolidated with five top players generating 72.5% of revenues in 2014. Leaders of the market included Swiss companies Medela and Ameda along with Philips Avent. Other notable and rising companies include Hygeia, Lansinoh Laboratories, Evenflo, Spectra USA, Freemie and Playtex. Our survey of over 600 expectant and recent mothers across the world mentioned Ameda, Medela and Hygeia as a major contributors to their awareness of breast pumps. The awareness was contributed by the companies’ online forums, websites, device design competitions and support. These efforts are expected to benefit the company greatly in the view of our analysts since the market is highly commoditized and revenue generation is strong in retail segment.

Chapter 1 Preface 1.1 Research Scope 1.1.1 Market Segmentation 1.1.2 Postulations 1.2 Methodology of Research 1.2.1 Companies covered in this report Chapter 2 Précis 2.1 Market Inferences Chapter 3 Market Dynamics 3.1 Market Drivers 3.1.1 Renting out of breast-pumps rising across masses and provides considerable push to growth of adoption. 3.1.2 Increasing rate of pre-term births and rising number of working mothers 3.1.3 Greater awareness of technology and better purchase power has led to an increased availability of these devices 3.1.4 Excellent reimbursement scenario in developed regions 3.1.5 Rising demand and unprecedented rise in commercialized sale of human milk and donation across the world to needed areas 3.2 Market Inhibitors 3.2.1 Need only basis of purchasing pumps the most prominent growth inhibitor of the market 3.2.2 Price of electric and hospital grade pumps 3.3 Opportunities 3.3.1 Emerging economies 3.3.2 Overcoming challenges of existing pumps Chapter 4 Breast Pumps – Global Market Size Assessment, by Product Type, Forecast: 2015 - 2019 4.1 Introduction 4.1.1 Global Breast Pumps Market, by Pumping Systems, US $ Mn (2013 - 2019) 4.1.1.1 Open System Breast Pumps 4.1.1.2 Closed System Breast Pumps 4.2 Global Manual Breast Pumps Market, US $ Mn (2013 - 2019) 4.3 Global Electric Breast Pumps Market, US $ Mn (2013 - 2019) 4.4 Global Double Electric (Hospital Grade) Breast Pumps Market, US $ Mn (2013 - 2019) 4.5 Global Battery Operated Breast Pumps Market, US $ Mn (2013 - 2019) Chapter 5 Breast Pumps – Global Market Size Assessment, by Geography, Forecast: 2015 - 2019 5.1 Introduction 5.2 North America Breast Pumps Market, US $ Mn (2013 - 2019) 5.3 Europe Breast Pumps Market, US $ Mn (2013 - 2019) 5.4 Asia-Pacific Breast Pumps Market, US $ Mn (2013 - 2019) 5.5 Latin America Breast Pumps Market, US $ Mn (2013 - 2019) 5.6 Middle-East Breast Pumps Market, US $ Mn (2013 - 2019) 5.7 Africa Breast Pumps Market, US $ Mn (2013 - 2019) Chapter 6 Key Players Analysis: Breast Pumps Market, 2014 (%) 6.1 Key Players Market Share: Breast Pumps Market, 2014 (Value, %) 6.2 Competitive Landscape: Recommendations & Strategies 6.3 Global Breast Pumps Market: Recent Developments 2013-2015 6.3.1 Mergers and Acquisitions 6.3.2 Joint Ventures, Expansion and Collaborations 6.3.3 New Product Launches, Approvals and Recalls Chapter 7 Epilogue   List of Figures FIG. 1 Market Segmentation: Global Breast Pumps Market FIG. 2 Research Methodology: Global Breast Pumps Market Assessment FIG. 3 Global Breast Pumps Market Value – Volume (% Share) Comparison, by Product Type (2014) FIG. 4 Breast Pumps – Global Market Share, by Product Type 2014 & 2019 (% Share – US $ Million) FIG. 5 Breast Pumps – Global Market Share, by Product Type 2014 & 2019 (% Share – Volume Units) FIG. 6 Breast Pumps – Global Market Share, by System 2014 & 2019 (% Share – US $ Million) FIG. 7 Global Open Breast Pumps Market, 2013 – 2019 (US $ Million) FIG. 8 Global Closed Breast Pumps Market, 2013 – 2019 (US $ Million) FIG. 9 Global Manual Breast Pumps Market, 2013 – 2019 (US $ Million) FIG. 10 Global Manual Breast Pumps Market, 2013 – 2019 (Volume - Units) FIG. 11 Global Electric Breast Pumps Market, 2013 – 2019 (US $ Million) FIG. 12 Global Electric Breast Pumps Market, 2013 – 2019 (Volume - Units) FIG. 13 Global Double Electric (Hospital Grade) Breast Pumps Market, 2013 – 2019 (US $ Million) FIG. 14 Global Double Electric (Hospital Grade) Breast Pumps Market, 2013 – 2019 (Volume - Units) FIG. 15 Global Battery Operated Breast Pumps Market, 2013 – 2019 (US $ Million) FIG. 16 Global Battery Operated Breast Pumps Market, 2013 – 2019 (Volume - Units) FIG. 17 Key Players Market Share: Global Breast Pumps Market, 2014 (% Share – US $ Million)   List of Tables TABLE 1 List of companies covered in this report TABLE 2 Global Breast Pumps Market, by Geography, 2013 - 2019 (US $ Mn) (CAGR: 2015 - 2019) TABLE 3 North America Breast Pumps Market, by Products, 2013 - 2019 (US $ Mn) (CAGR: 2015 - 2019) TABLE 4 North America Breast Pumps Market, by Products, 2013 - 2019 (Volume-Units) (CAGR: 2015 - 2019) TABLE 5 Europe Breast Pumps Market, by Products, 2013 - 2019 (US $ Mn) (CAGR: 2015 - 2019) TABLE 6 Europe Breast Pumps Market, by Products, 2013 - 2019 (Volume-Units) (CAGR: 2015 - 2019) TABLE 7 Asia-Pacific Breast Pumps Market, by Products, 2013 - 2019 (US $ Mn) (CAGR: 2015 - 2019) TABLE 8 Asia-Pacific Breast Pumps Market, by Products, 2013 - 2019 (Volume-Units) (CAGR: 2015 - 2019) TABLE 9 Latin America Breast Pumps Market, by Products, 2013 - 2019 (US $ Mn) (CAGR: 2015 - 2019) TABLE 10 Latin America Breast Pumps Market, by Products, 2013 - 2019 (Volume-Units) (CAGR: 2015 - 2019) TABLE 11 Middle-East Breast Pumps Market, by Products, 2013 - 2019 (US $ Mn) (CAGR: 2015 - 2019) TABLE 12 Middle-East Breast Pumps Market, by Products, 2013 - 2019 (Volume-Units) (CAGR: 2015 - 2019) TABLE 13 Africa Breast Pumps Market, by Products, 2013 - 2019 (US $ Mn) (CAGR: 2015 - 2019) TABLE 14 Africa Breast Pumps Market, by Products, 2013 - 2019 (Volume-Units) (CAGR: 2015 - 2019)