World Market for Breast Pumps to Reach 5.5 million units by 2012, According to New Report by Global Industry Analysts, Inc.
Sales of breast pumps worldwide are projected to reach 5.5 million units by 2012. Factors wielding an impact on the market's growth include variations in annual birth rates, family disposable incomes, and product innovations.
San Jose, CA (PRWEB) October 30, 2008
Breast pumps have been widely used for decades, particularly in developed countries in Europe and United States. These devices are used for various reasons such as temporary problems related to the baby or mother, so as to improve the breast-feeding experience. These pumps are also used in situations where the working mother is required to ensure that breast milk is available for her baby as long as possible. United States and Europe collectively account for over 78% of the world breast pumps market (http://www. strategyr. com/Breast_Pumps_Market_Report. asp), estimated in 2008, as stated by the recent report published by Global Industry Analysts, Inc.
Non-powered breast pumps is the largest and the most mature product market, constantly challenged by newer and enhanced technologies in the marketplace. Non-powered breast pumps market (http://www. strategyr. com/Breast_Pumps_Market_Report. asp) in the U. S. is projected to reach 1.52 million units by 2015. The sedate growth in the conventional non-powered breast pumps market is more than offset by the healthy growth in the Powered Breast Pumps market (http://www. strategyr. com/Breast_Pumps_Market_Report. asp) worldwide. Growth in this segment is projected at 4.7% over the period 2011 through 2015. Powered breast pumps market in Europe is projected to reach 674 thousand units by 2012. Among the European regions, Germany United Kingdom and France are expected to garner larger slices of the European breast pumps market.
Leading global and regional players include Hollister Inc., Ameda Breastfeeding Solutions, Medela Inc., Phillips Avent, and Whittlestone Inc, among others. Integration of additional features in existing product lines has helped many companies to gain an edge over their competitors.
The report, titled "Breast Pumps: A Global Strategic Business Report", published by Global Industry Analysts, Inc., covers major market dynamics, trends, issues, and competition pertaining to the market. Volume analytics are provided for the period 2000 - 2015. The report categorizes the market into Non-powered breast pumps and powered breast pumps segments. The report enumerates product innovations and introductions, recent developments, mergers, acquisitions and other strategic industry activities. Analysis is presented for United States, Canada, France, Germany, United Kingdom, Italy, and Rest of world.
For more details of this research report please visit http://www. strategyr. com/Breast_Pumps_Market_Report. asp (http://www. strategyr. com/Breast_Pumps_Market_Report. asp).
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (http://www. StrategyR. com/) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
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