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Global Breast Pumps Market is Forecast to Reach US$ 1,691.5 Million by 2019; CAGR of 7.8% from 2015 to 2019


SA-BRC announces the release of its report on "Global Breast Pumps Market Assessment & Forecast 2015 - 2019." North America continued to be the greatest adopter of breast pumps with a share of 42.5% in 2014. The share translated into a revenue generation of US$ 497.4 million in 2014. The fastest growing region was Middle-East with a CAGR of 9.7% closely followed by Asia-Pacific with a CAGR forecast of 9.5% between 2015 and 2019.

Houston, TX, March 20, 2016 --(PR.com)-- The first rudimentary breast pumps were introduced several decades ago and comprised of glass suction cup with a rubber horn used for initiating manual suction. These devices were however very unreliable and resulted in side-effects such as inflammation and damage to mammary tissue and glands. Inefficient suction also reduced the expression of milk and thus increased burden to mothers and nurses. Modern pumps developed after the introduction of Polyethylene terephthalate and other materials are far more efficient and comfortable for users and have created a significant importance in infant care across the world.

The rising number of working women and growing rate of preterm infants across the world is observed to be a major factor motivating the adoption of breast pumps. Premature birth has become a leading cause of infant mortality in recent years and it is estimated that one in 8 births are premature today. Since premature babies have best chances of survival in NICU units, they are kept away from mothers and need to be fed through nasogastric tubes. It is very common for premature babies to be given their mother’s milk to quickly improve immunity and development of body. For this purpose, hospitals and nursing homes are now compulsorily maintaining breast pumps particularly in economically progressive regions.

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Other emerging trends such as human milk banks and the potential to provide this to malnourished and poorly developed children across the world have increased the demand for breast pumps. Communities in cities and towns alike are responding to global demand in poorly developed countries to provide human milk to children who require it. Since breast milk is rich in immunoglobulins required by babies, remote areas of the world and impoverished regions are being donated with breast milk from around the world which is transported in refrigerated logistics equipment. In the commercialized ventures, the ongoing rate can be as much as $4 per ounce, and breast milk sale is emerging as a surprisingly cutthroat industry, one that states are seeking to regulate amid a battle for control between non-profit and for-profit banks that supply hospital neonatal units. Other businesses associated with human milk products such as Prolacta have also begun flourishing due to increasing demand for human milk and associated products.

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Hospital Grade pumps contributed to 29.2% of share by revenue in 2014 but contributed to only 3.2% of share by volume. On the other hand, low cost and competitive pricing of manual pumps resulted in contribution of 53.1% share by volume. Battery operated pumps remained the largest revenue generating segment and are anticipated to grow the fastest through the forecast period of 2015 to 2019.
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http://sa-brc.com/publish-breast-pumps-market.php

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