유축기 세계 시장 규모는 2022년 26억 달러로 평가되었고, 2023년 28억 2,000만 달러에서 2031년 54억 2,000만 달러로 성장할 것으로 예상되며, 예측 기간(2024-2031년) 동안 8.5%의 연평균 복합 성장률(CAGR)을 나타낼 전망입니다.
시장 성장은 전 세계 여성의 취업률 증가, 신흥국의 의료 인프라 개선, 워킹맘에 대한 정부의 지원책 등에 크게 영향을 받고 있습니다. 지난 20년 동안 국제노동기구(ILO)는 고용 기회와 남녀 평등에서 괄목할 만한 진전을 이루었고, ILO의 2030 유엔 아젠다는 청년과 장애인의 동일 임금 달성, 남녀 평등 촉진, 여성 권한 부여를 목표로 하고 있습니다. 이와 함께, 소비자의 인식이 높아지고 정부의 지원이 유축기에 대한 세계 수요를 촉진하고 있습니다. 유엔아동기금(UNICEF)과 세계보건기구(WHO)의 아기 친화적 병원 이니셔티브(BFHI)와 같은 이니셔티브는 모유 수유를 장려하고 있으며, Affordable Care Act는 유축기를 포함한 모유 수유 용품에 대한 보험 적용을 의무화하고 있습니다. 이러한 요인들이 종합적으로 제품 접근성을 높이고 유축기에 대한 수요를 증가시키고 있습니다.
Global Breast Pump Market size was valued at USD 2.6 billion in 2022 and is poised to grow from USD 2.82 billion in 2023 to USD 5.42 billion by 2031, growing at a CAGR of 8.5% during the forecast period (2024-2031).
Market growth is significantly influenced by rising global female employment rates, enhanced healthcare infrastructure in emerging economies, and supportive government initiatives for working mothers. In the past two decades, the International Labour Organization (ILO) has highlighted noteworthy advancements in employment opportunities and gender equality. The ILO's 2030 United Nations Agenda aims to achieve equal pay for youth and the disabled, promoting gender equality and empowering women. Alongside this, increasing consumer awareness and government support are fueling global demand for breast pumps. Initiatives like the United Nations Children's Fund (UNICEF) and World Health Organization (WHO) Baby Friendly Hospital Initiative (BFHI) encourage breastfeeding, while the Affordable Care Act mandates insurance coverage for breastfeeding supplies, including pumps. These factors collectively enhance product accessibility, driving up demand for breast pumps.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Breast Pump market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Breast Pump Market Segmental Analysis
Global Breast Pump Market is segmented by product, type, technology, application and region. Based on product, the market is segmented into open system and closed system. Based on type, the market is segmented into single and double. Based on technology, the market is segmented into manual pumps, battery powered pumps and electric pumps. Based on application, the market is segmented into personal use and hospital grade. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Breast Pump Market
The global breast pump market is poised for significant growth, largely fueled by the rising birth rates across the globe. Additionally, the increasing participation of women in the workforce and enhancements in healthcare systems, particularly in emerging markets, contribute to this expansion. A pivotal aspect driving this market is the ongoing technological innovation in breast pump products. For instance, Freemie unveiled its world's smallest wearable Slim Fit Cups at the International Consumer Electronics Show (CES) in January 2022, featuring cutting-edge attributes such as comfort, lightweight design, versatility, and user-friendliness. These advancements are driving heightened demand for breast pumps, thereby bolstering market growth in the coming years.
Restraints in the Global Breast Pump Market
Factors hindering the expansion of the global breast pump market include the elevated prices associated with breast pump devices and the constraints related to storage capacity for various models. The financial burden of acquiring these devices can deter potential buyers, particularly those on a budget or without adequate insurance coverage. Additionally, many breast pump models require considerable space for both storage and operation, limiting their practicality for consumers with limited living or storage areas. These challenges may lead to decreased adoption rates and overall market growth as potential users weigh their options carefully.
Market Trends of the Global Breast Pump Market
The Global Breast Pump market is witnessing a notable trend driven by the increasing number of working mothers opting for efficient breastfeeding solutions. The advancement in electric and automated breast pump technology has made milk expression quicker and more convenient, aligning with the busy lifestyles of modern parents. With these devices becoming more affordable and accessible, awareness about the health benefits of breast milk is further propelling market growth. This trend reflects a shift towards enhanced maternal support and breastfeeding advocacy, indicating a positive trajectory for the breast pump market as it evolves to meet the needs of today's families.