Asia Pacific Breast Pump Market

Market Introduction

Medical devices used for extracting milk from the breast of lactating mothers are defined as breast pumps. Mostly, these devices are used by employed women to continue breastfeeding their babies while still at work. In some instances, doctors also recommend women to use breast pumps to stimulate milk supply when the baby is unable to suck milk. Breast pumps have grown as a suitable choice for the working women.

Market Overview and Dynamics

The Asia Pacific breast pump market is expected to reach US$ 1,176.02 million in 2028 from US$ 553.63 million in 2021; it is estimated to grow at a CAGR of 11.4% from 2021 to 2028. Major factors driving the growth of the market include high women employment rates, increasing birth rate, and growing healthcare investments by private and government sectors. However, the high cost of breast pumps along with low awareness regarding the same, particularly in developing countries, restrains the market growth in Asia Pacific.

Soaring birth rates in developed economies are contributing to the global baby boom. In Asian countries such as India and China are characterized by high fertility rates due to factors such as effects of religion, inadequate supply of family welfare services, and persistent issue of poverty. Thus, an increasingly large number of parturient women across these countries creates high demand for human milk as well as breast pumps. Governments from developed and developing nations are investing heavily on healthcare, especially mother and childcare. In many Asia Pacific countries, governments have taken several initiatives for encouraging insurance providers to make provisions in insurance policies to cover equipment and services that promote breastfeeding, including breast pumps and lactation counselling, without incurring any cost to the patients. The governments are also investing in the improvement of the human milk bank infrastructure in their respective countries. Such initiatives are augmenting the demand for the breast pumps in Asia Pacific.

Asia Pacific is highly affected by the COVID-19 pandemic. The outbreak has led to a shortage of important life-saving medical tools and devices, along with many other significant medical supplies that can help curb the spread of infection, in the region. Lockdown restrictions imposed by countries and disruptions in the operations of manufacturing units have created a gap in the supply for a broad range of devices such as nipple care products, breast pumps, breast milk storage bags, breast milk bottles, nipple shields, and breast shells. Moreover, a shift in priorities from convenience products to necessary supplies, mainly the COVID-19 diagnosis and treatment tools, have led to decline in the production and sales of breast pumps to a certain extent.

Key Market Segments

The Asia Pacific breast pump market, based on technology, is segmented into electric breast pump and manual breast pump. In 2020, the electric breast pump segment held a larger share of the market, and it is expected register a higher CAGR during the forecast period.

The Asia Pacific breast pump market, based on type is segmented into closed system breast pump and open system breast pump. In 2020, the closed system breast pump segment held a larger market share, and the market for this segment is expected to grow at a higher CAGR during 2021–2028.

The Asia Pacific breast pump market, based on distribution channel, is segmented into consumers stores and online distribution. In 2020, the consumers store segment held a larger share of the market. However, the online distribution segment is expected register a higher CAGR in the market from 2021 to 2028.

Major Sources and Companies Listed

A few of the primary and secondary sources associated with this report on the Asia Pacific breast pump market are the Ministry of Health, Labour and Welfare (MHLW), Australian Breastfeeding Association (ABA), and World Health Organization (WHO).

Reasons to buy the report

• Determine prospective investment areas based on a detailed trend analysis of Asia Pacific breast pump market over the next years.
• Gain an in-depth understanding of the underlying factors driving demand for different addictions therapeutics segments in the top spending countries and identify the opportunities offered by each of them.
• Strengthen your knowledge of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
• Identify the major channels driving the Asia Pacific breast pump market, providing a clear picture of future opportunities that will help analyze, resulting in revenue expansion.
• Channelize resources by focusing on the ongoing programs undertaken by the different countries within the Asia Pacific breast pump market.

ASIA PACIFIC BREAST PUMP MARKET SEGMENTATION

By Technology

•  Electric Breast Pump
  • Single Electric Breast Pump
  • double Electric Breast Pump
•  Manual Breast Pump

By Type

•  Closed System Breast Pump
•  Open System Breast Pump

By Distribution Channel

•  Consumer Stores
•  Online Distribution

By Country

• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific

Company Profiles

• Koninklijke Philips N.V.
• Pigeon Corporation
• Ardo
• Ameda Inc.
• Medela
• Mayborn Group Limited

Asia Pacific Breast Pump Market Strategic Insights

Asia Pacific Breast Pump Market Segmentation Analysis

Asia Pacific Breast Pump Market Report Highlights

Asia Pacific Breast Pump Report Scope

Asia Pacific Breast Pump Market Country and Regional Insights