Acumen Research and Consulting Surge at 7.5% CAGR and Breast Pumps Market Hit $ 3 | Page 3
Market Snapshots
Due to increased product adoption the closed product segment will grow in
terms of revenues at the most rapid CAGR during the forecast period.
Due to the increase in the propensity to technologically advanced products, the
segment of electric pumps is expected to see significant growth during the
forecast period.
The application segment for hospitals led to the market in 2018 because of the
increase in women’s employment rate, as well as the increased awareness of the
benefit of breastfeeding.
The highest growth is estimated at Asia Pacific, because healthcare infrastructure
and client awareness of the benefits and application are continually improving.
Asia Pacific.
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Key Players & Strategies
The Breast Pumps market is consolidated with large number of manufacturers.
The company profiling of key players in the market includes major business
strategies, company overview and revenues. The key players of the market are
Ameda AG; Bailey Medical ; Energizer Merchandise Work’s Co., Ltd. ; Buettner –
Frank GmbH ; Lansinoh Laboratories. AG ; Linco Baby MerchandiseWork’s Co.,
Ltd. ; Medela AG ; Hygeia Medical Group ; Koninklijke Philips N. V., among others.
In addition to improving their profitability and gaining a competitive edge on
other players, the key players on the breast pumps market employ new ideas and
concepts, improve production processes and improve the existing set of
products. The key players therefore have taken product development as their
key development strategy to be consistent with end users ‘ demands.
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