Breast Pumps Market Share And Rising Demand With CAGR Of 7.8% For The Forecast Period From 2019 -2026 : Grand View Research Inc.
San Francisco, 26 June 2019: The Report Breast Pumps Market Size, Share & Trends Analysis Report By Product (Open, Closed), By Application (Personal Use, Hospital Grade), By Technology (Manual, Battery Powered, Electric), And Segment Forecasts, 2019 – 2026 The global breast pumps market size is expected to reach USD 3.3 billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to progress at a CAGR of 7.8% over the forecast period. Increase in women employment, various government initiatives aimed at improving consumer awareness, and improving healthcare infrastructure in emerging economies are the key factors driving the growth. Increasing women employment is expected to be a high-impact rendering driver for the market. Working women have a relatively higher disposable income and lesser time to breastfeed their babies, which is anticipated to boost the product demand. For instance, as per Eurostat, the women employment rate increased from