Wearable Breast Pumps Market Size Worth $742.8 Million By 2028: Grand View Research, Inc.

SAN FRANCISCO, Dec. 9, 2021 /PRNewswire/ -- The global wearable breast pumps market size is anticipated to reach USD 742.79 million by 2028, registering a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising population and the number of working women are the most significant growth drivers for this market. In addition, favorable changes in reimbursement policies, and increasing patient disposable income & awareness levels are further anticipated to propel the product demand.

Key Insights & Findings from the report:

• Based on components, the wearable pumps segment led the market in 2020 and is also expected to witness the fastest CAGR from 2021 to 2028
• This growth is credited to increasing demand for these devices on account of rising awareness levels about the importance and benefits of breastfeeding
• Led by the U.S., North America dominated the market with the highest revenue share in 2020
• This growth was credited to the supportive reimbursement policies for wearable breast pumps and increased women's employment in the region

Read 110 page market research report, "Wearable Breast Pumps Market Size, Share & Trends Analysis Report By Technology (Battery-operated, Smart Pumps), By Component (Wearable Pumps, Accessories), By Region, And Segment Forecasts, 2021 - 2028", by Grand View Research

The rise in women's employment is expected to be a high-impact rendering driver of the global market. Furthermore, the presence of various e-commerce sites offering innovative products will boost sales through these distribution channels over the forecast period. Willow, Elvie, Medela, and Amazon are some of such e-commerce sites and offer attractive discounts and prompt customer service. However, the adoption of these pumps decreased during the COVID-19 pandemic. A large number of manufacturers were affected during this time.

On the basis of technology, the global market has been divided into manual, battery-operated, and smart devices. The battery-powered product segment dominated the market in 2020 with the maximum revenue share. This technology is gaining acceptance from working women owing to the low weight and compact designs of battery-operated devices.

Grand View Research has segmented the global wearable breast pumps market on the basis of technology, component, and region:

• Wearable Breast Pumps Technology Outlook (Revenue, USD Million, 2016 - 2028)
• Manual
• Battery-operated
• Smart
• Wearable Breast Pumps Component Outlook (Revenue, USD Million, 2016 - 2028)
• Wearable Pumps
• Accessories
• Wearable Breast Pumps Regional Outlook (Revenue, USD Million, 2016 - 2028)
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Asia Pacific
• Japan
• China
• India
• Australia
• South Korea
• Latin America
• Brazil
• Mexico
• Argentina
• Colombia
• Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• UAE

List of Key Players of Wearable Breast Pumps Market

• Willow
• Chiaro Technology Ltd. and Elvie
• Philips
• Baby Buddha
• Freemie
• Medela LLC
• Ameda, Inc.
• Spectra Baby USA
• BelleMa Co.
• Motif Medical
• iAPOY

Check out more studies related to breastfeeding products and accessories, published by Grand View Research:

• Breast Pump Market – The global breast pump market size is expected to reach USD 5.53 billion by 2028. It is expected to grow at a CAGR of 10.5% from 2021 to 2028.
• BRIC Breast Pump Market – The BRIC breast pump market size is expected to reach USD 313.6 million by 2026. Improving healthcare infrastructure, and the increasing number of milk banks are some of the key factors anticipated to drive the market.
• Postpartum Products Market – The global postpartum products market size is expected to reach USD 3.44 billion by 2028. It is expected to expand at a CAGR of 6.4% from 2021 to 2028.

Find more research reports on Medical Devices Industry, by Grand View Research

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: [email protected] 
Web: https://www.grandviewresearch.com 
Follow Us: LinkedIn | Twitter 

SOURCE Grand View Research, Inc.