Electric Breast Pumps Market Size, Share & Trends Analysis Report By Type (Single, Double), By Application (Personal Use, Hospital Grade), By Distribution Channel, By Region- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2022-2030

According to Nova one advisor, the global Electric Breast Pumps market size accounted for USD 2.7 billion in 2022 and is estimated to achieve a market size of USD 4.8 billion by 2030 growing at a CAGR of 9.18% from 2022 to 2030.

Key Takeaways:

  • In terms of type, the double electric breast pumps segment held the largest market share of 62.5% in 2022 and is expected to witness the fastest growth over the forecast period due to its several benefits and high adoption, as compared to single electric breast pumps
  • In terms of application, the hospital grade segment held the largest market share in 2022, owing to the increasing number of hospitals and rising healthcare expenditure
  • Hospital pharmacy dominated the distribution channel segment with a market share of 38.49% due to the rising number of births in hospital settings. However, the e-commerce segment is anticipated to witness the fastest growth rate in this segment
  • North America is expected to dominate the electric breast pump market growth over the forecast period owing to the rising women’s employment and the significant presence of key players operating in the market

Increasing employment rates for women worldwide, improving healthcare systems in developing nations, and government initiatives to support working mothers are the major factors propelling the industry’s expansion. According to the International Labor Organization (ILO), throughout the past 20 years, there has been notable progress in terms of employment prospects and gender equality. The ILO spearheaded the 2030 United Nations Agenda, which states that all women and girls must be empowered in order to achieve gender equality, productive work, economic development, and equal wage opportunity for the young and disabled population.

Electric breast pumps are a suitable choice for working mothers who intend to feed their infants while they are away from home for work. Globally, women's labor force participation rate was around 48.5% in 2018, which is 26.5% less than men's employment rate, as per the World Employment. The global unemployment rate for women is 0.8% greater than for males. In a similar vein, 44% of infants between the ages of 0 and 6 months are exclusively breastfed, according to a WHO data sheet from 2021.

The main factors influencing the industry are the development of healthcare infrastructure in developing nations, rising employment rates for women worldwide, and the presence of favorable demographics.

The women’s employment rate has been increasing globally. For instance, according to European Commission, in 2018, the women’s employment rate in Europe was around 67%, which increased by 1% from 2017 to 2018, whereas, the same increased by five percentage-point from 2008-2018. The increase in women’s employability is expected to increase the use of electric breast pumps, thereby propelling the market growth over the forecast period.

Additionally, a surge in the number of births worldwide is further anticipated to help the electric breast pump market impel. According to reports by CDC, the birth rate rose first time in the past 7 years in 2021. Moreover, the fertility rate was calculated to be 56.6 births per 1,000 women, which was up by around 1% in 2021, from 2020. An increase in fertility rate is expected to increase the number of births, thereby increasing demand for electric breast pumps, in the forthcoming years.

Moreover, the electric breast pumps market has seen significant growth over the last few decades, owing to increasing product launches by key players, and rising R&D activities. For instance, in November 2020, Spectra Baby USA launched a new electric breast pump ‘the Synergy Gold dual-powered electric breast pump’. It offers breastfeeding mothers cutting-edge technology that enables personalized pumping sessions. Moms that are used to single-pumping and alternating sides may easily double-pump thanks to the new design, which uses one separate motor for each side and is independently adjustable. Such innovations are expected to increase the use of electric breast pumps over the forecast duration.

Report Scope of the Electric Breast Pumps Market

Report Coverage

Details

Market Size

USD 4.8 Billion by 2030

Growth Rate

CAGR of 9.18% from 2022 to 2030

Largest Market

North America

Fastest Growing Market

Asia Pacific

Base Year

2021

Forecast Period

2022 to 2030

Segments Covered

Type, application, distribution channel, and Region,

Companies Mentioned

Medela AG; Koninklijke Philips N.V.; Ameda AG; Hygeia Health; Lansinoh Laboratories, Inc.; Spectra Baby USA; Pigeon Corporation; Evenflo; Willow; Ardo; Motif Medical; Elvie

 

Type Insights

The double electric pumps segment held the largest revenue share of around 62.5% in 2022 and is anticipated to witness the fastest CAGR over the forecast period. Double electric breast pumps have several advantages over single electric breast pumps. These breast pumps extract milk from both breasts at the same time, making them more convenient for expressing regularly. It produces around 18% more milk than pumping from each breast separately. As a result, it is an excellent option for working mothers.

Furthermore, milk derived from twice pumping has a larger fat and calorie content. These pumps can be used in a variety of positions without tiring out mothers. Some of the more modern twin electric breast pumps include a 'memory' function. Nonetheless, these types of pumps are widely available and are offered by most of the major competitors.

Over the projection period, single electric pumps are expected to grow at a moderate rate. Single electric breast pumps are both quick and efficient. Furthermore, compared to double electric pumps, these types of pumps are very cost-effective. Milk can, however, be expressed only from a single breast at a time. These pumps are specifically developed for moms who desire to express milk on a limited basis. Aside from price, a single breast pump allows a mother to breastfeed her infant while expressing from the other breast, which is a very efficient use of time.

However, some women find it messy and a waste of precious milk when they express milk from one breast and the other breast leaks milk. As a result, such situations are anticipated to promote the adoption of double electric breast pumps in the short term, consequently limiting the market growth of single breast pumps.

Distribution Channel Insights

The hospital pharmacy segment held the largest share of 39.5% in 2022. The segment is predicted to grow as a result of increased pregnancy rates worldwide and an increase in new moms' desire for postpartum items. Furthermore, due to safety concerns, customers trust hospital pharmacies while purchasing baby and mother products. As a result, parents have a high level of trust in doctors and specialists, which encourages the growth of the hospital pharmacy business. The high growth of this industry has also been ascribed to the rise of hospitals in both developed and developing countries.

The e-commerce segment is anticipated to expand at the fastest CAGR of 9.8% during the forecast period. The increased availability of electric breast pumps through e-commerce is projected to contribute to market expansion. End-users can compare and select appropriate products based on their type, brand, price, and point of sale through the e-commerce channel. Amazon, Belly Bandit Walmart, Motherhood Maternity, and The Moms Co. are just a few of the top online retailers that offer products to customers.

In addition, major companies such as Koninklijke Philips N.V., Medela LLC, Newell Brands, and Ameda have started offering a broad range of postpartum products through online channels. More consumers are drawn in by sales methods such as buy one, get one free, discounts, and complimentary products. This is anticipated to promote sales of electric breast pumps through this channel, as they are usually in high demand among consumers.

Application Insights

The hospital grade segment held the largest share of over 62% in 2022 and is projected to witness the fastest growth rate over the forecast period. Hospital-grade electric breast pumps feature powerful motors and are commonly used in hospitals, although they can also be rented on a monthly basis for personal use. These electric breast pumps operate on a "closed system," which means that barriers are in place to prevent milk and other fluids from entering the motor. This reduces contamination and guarantees that they are safe for several users.

These electric breast pumps have various advantages, including being more powerful and effective than typical personal-use pumps. They are useful for mothers who have medical conditions that need the use of a high-powered pump or whose newborns have trouble latching and nursing. As a result of the aforementioned benefits provided by hospital-grade pumps, the segment is likely to develop significantly throughout the forecast period.

Regional Insights

North America dominated the electric breast pump industry in 2022 and is expected to witness a considerable CAGR of 8.9% over the forecast period. North America dominated in terms of revenue share, owing to the existence of high women employment rates, healthcare expenditure, advanced healthcare infrastructure, and patient awareness levels in this area. Furthermore, industry leaders are creating technologically advanced electric breast pumps, which will boost overall growth throughout the forecast period.

Koninklijke Philips N.V. (Netherlands), for example, offers electric breast pumps with a comfortable massaging cushion and a warm feeling while collecting milk from the breast. Similarly, Spectra Baby USA introduced the S3 Pro, a new premium electric breast pump, in September 2019. It is a multi-user, hospital-grade pump for efficient milk pumping. As a result, such launches. Thereby, such launches and the large presence of key players are expected to drive the regional industry’s growth.

Europe captured more than 23% of revenue share in 2022 owing to the growing birth rate coupled with rising women’s employment in the region. In 2019, around 4.2 million babies were born in Europe, while women's employment surged from 58.3% to 64.1% between 2009 and 2019. Working women encounter difficulty in controlling and giving appropriate nourishment to their newborns, which may increase neonatal mortality if not properly catered for.

Breast pumps make it easier for working mothers to adequately feed their children. Furthermore, increased knowledge about the benefits of breastfeeding among target consumers, i.e. lactating moms, is likely to generate potential prospects for the Europe electric breast pumps market in the coming years. High disposable income, paired with technology improvements, are also important growth drivers.

Some of the prominent players in the Electric Breast Pumps Market include:

  • Medela AG
  • Koninklijke Philips N.V.
  • Ameda AG
  • Hygeia Health
  • Lansinoh Laboratories, Inc.
  • Spectra Baby USA
  • Pigeon Corporation
  • Evenflo
  • Willow
  • Ardo
  • Motif Medical
  • Elvie

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Electric Breast Pumps market

  • Type
    • Single
    • Double
  • Application
    • Personal Use
    • Hospital Grade
  • Distribution Channel
    • Hospital Pharmacy
    • Retail Store
    • E-commerce
    • Wholesaler/Distributor
    • Direct Purchase

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Benefits for Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global Electric Breast Pumps industry analysis from 2022 to 2030 to identify the prevailing Electric Breast Pumps industry opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the global Electric Breast Pumps industry segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global Electric Breast Pumps industry trends, key players, market segments, application areas, and market growth strategies.

Report Detail

  • Report Code:7561
  • No. of Pages:150+
  • Format:PDF/PPT/Excel

Proceed To Buy

USD 3500
USD 7000