FMI, an ESOMAR-certified market research firm, states that the global breast pump market valuation of US$ 1.71 Bn in 2022. During the forecast period (2022-2027), the market is likely to grow at a CAGR of 4.6%.

The world of infant feeding has been witnessing a “quiet revolution” since 2005. The usage of electric pumps has increased manifold since then. Initially it was confined only to mothers of premature babies in the NICU, but the current scenario is such that even full-term infants are being fed through pumped milk.

A list of Key Players Covered in the Breast Pumps Market Are:

• Koninklijke Philips N.V.
• Pigeon Corporation
• Newell Brands
• Medela LLC
• Ardo Medical AG

This could be attributed to the fact that awareness regarding breast pumps is increasing day after day in the developed economies, US in particular.

Even in the European economies, the electric breast pumps are being made available on rent. So, regular usage as well as occasional usage gets sufficed. These usages are likely to substantiate the breast pumps market in the forecast period (2020-2030).

In the US, the “Affordable Care Act” states that the breast pump’s cost is 100% reimbursable, and it’s mandatory for the employers to provide space and time for the working moms to pump.

In developing economies like India, the usage of breast pumps is catching up in the metros as there are more women falling under the gambit of corporate world. As such, Asia Pacific will soon witness an exponential growth in breast pumps market in the next 10 years.

Key Takeaways of Breast Pump Market Study

• Open system breast pumps held the largest market share in 2019
• By technology, electric breast pumps accounted for the highest revenue in 2019
• Cumulatively, North America and Europe contributed for more than 60% of market share 2019 and the trend is expected to continue going forward as well

“Breast pump, a gift of advanced medical technology, and bliss for working mothers, which is resulting in growing adoption. Moreover, increasing promotional campaigns are likely to boost the growth of breast pump market.” says the FMI Analyst.

Human Milk Banks: A Catalyst to Breast Pumps Market

Late pregnancies are proving to be detrimental to breast-feeding. In other words, late pregnancies often result in women not being able to lactate. As per the WHO, mother’s milk is imperative atleast for the first six months as it helps in building immunity. However, for infants whose mothers’ mammary glands are unable to produce milk or mother is suffering from an ailment wherein it can’t be passed on to the infant; human milk banks are the solution.

Donors need to inform the human milk banks. The banks then send breast pumps to the donors so that they can extract the milk and store it in bottles. Then the same milk is collected by the banks and given to those needy infants. Human Milk Banking Association of America has been actively serving in this regard. Right now, Covid-19 infected mums can’t pass on their milk to the infants.