Global Breastfeeding Devices and Accessories Market to Reach $1531.9 Million By The Year 2020Published On: March 14, 2015
The global breastfeeding devices and accessories market would reach to the $1531.9 million by the year 2020 with a CAGR of 7.8% over the period of 2014 to 2020, according to the latest publication from Meticulous Research™. The research report titled “Global Breastfeeding Devices and Accessories Market Outlook: 2014-2020” analyzes the major drivers, restraints, opportunities, and challenges that have a long and short-term impact on its growth across the globe.
Early buyers will receive 10% discount on the report.
Breastfeeding devices and accessories market is segmented based on product type and geography. On the basis of product type, the breastfeeding devices market is sub segmented in to the breastmilk preparation and cleaning products, breast pumps, breastmilk storage & feeding solutions, phototherapy accessories, and other accessories. The breast pumps market is further sub segmented in to manual pumps, battery-powered pumps, electric pumps, and breast pumps accessories; whereas breastmilk preparation and cleaning products market is sub segmented into milk warmer, breastmilk bulk preparation system, sterilizers. The breastmilk storage & feeding solutions market is further sub segmented in to breastmilk containers, breastmilk bottles, nipples & lids, breastmilk storage bags & bottles, feeding systems. Also, the breastfeeding accessories market is sub segmented into nipple care products, breast shells, breast pads, milk warmer, nipple shields, baby scales and accessories, soothing pads, and other accessories.
The breastfeeding devices and accessories market is mainly driven by the rising population, increasing rate of women employment, changing lifestyle, favorable reimbursements, and technological advancements. The global breastfeeding devices and accessories market is moderately fragmented owing to the presence of a many local and regional players operating at local markets. However, requirement of high investment in bringing the new devices, especially breastfeeding pumps in the market and the lengthy FDA approval process discourage many start ups to enter in this market. The growing concern over unnecessary use of these devices and presence of organizations promoting the direct lactation could be a possible threat to this market.
Geographically, the breastfeeding devices and accessories market is segmented into four major geographies such as North America, Europe, Asia Pacific, and rest of the world. North America dominated the global breastfeeding devices and accessories market with 52.3% share in 2014, followed by Europe, and Asia-Pacific. Asia Pacific region provides significant opportunities for the growth of this market as a result of rising global population, growing population of working women, and many technological and healthcare reforms in the region with improved economic conditions. The report elucidates various important aspects of the global breastfeeding devices and accessories market that facilitate the understanding of this market at a granular level.
The report offers meticulous analysis of market dynamics, burning issues, and technological landscape of the global breastfeeding devices and accessories market. The report provides the competitive landscape of the major players in this market such as Ameda AG (Switzerland), Ardo medical AG (Switzerland), Bailey Medical (U.S.), Cascade HealthCare Products, Inc.(U.S.), Handi-Craft Company (U.S.), Jackel International Limited (U.K.), Lansinoh Laboratories Inc. (U.S.), MAM International (U.S.), Mayborn USA Inc. (U.S.), and Philips Healthcare (The Netherlands)., and many others with detailed analysis of their product portfolio, financials, and recent developments.
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