Acumen Research and Consulting Surge at 7.5% CAGR and Breast Pumps Market Hit $ 3 | Page 2

awareness and improving health infrastructure. An increasing number of women’s jobs is expected to be a driving force on the market. Working women are expected to have a comparatively higher disposable income and a shorter breastfeeding time to feed babies. For example, the employment rate for women has increased from 65% in 2016 to 66% in 2017, according to Euro stat. Working women find it difficult to provide their babies with a proper diet, leading to an increase in neonatal death. Breast pumps in such cases enable mothers to provide their babies with proper nutrition without impeding their working lives. In addition, the product demand may be raised by favourable health insurance plans. The majority of health plans require consumers to buy specific brand breast pumps. Manufacturers therefore cooperate with insurance companies to increase the market presence and market shares of these companies and thus stimulate growth in the market for breast pumps. View Detail Information with Complete TOC@ https://www.acumenresearchandconsulting.com/breast-pumps- market Growth Factors A rising worldwide demand for breast pumps would lead to high demand for sheep pumps as a result of the increasing population of working women. Many factors, such as the cost of breast pumps and the risk of contamination, however, are likely to curb market development. In addition, the increased effect of drivers and limitations by key players producing breast pumps is likely to reveal new market opportunities. Introduced in the USA in 2012, the Affordable Care Act includes a provision requiring insurers from across the country to cover breast feeding equipment and services, i.e. breast pumps and lactation counselling, at no cost. As a result, there has been a significant increase in demand for breast pumps in the United States, the world’s largest breast pump market. Would like to place an order or any question, please feel free to contact at [email protected] | [phone]