World Market for Breast Pumps to Reach 5.63 Million Units by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Breast Pumps market. World breast pumps market is expected to reach 5.63 million units by 2015. Economic recovery, increase in annual birth rates and consumer spending power remain demand drivers that will trigger the market in the post recession period.

Breast Pumps: A Global Strategic Business Report

Breast pumps are used to improve the breast-feeding experience. Breast pumps are used mainly to ensure continued availability of breast milk even when the lactating mother cannot nurse her baby due to some medical complications or personal problem. Breast pumps are most frequently used during times of mother/baby separation. As stated by the new market research report, the United States and Europe collectively account for a lion’s share of the world breast pumps market.

With increase in unemployment, steep falls in consumer’s discretionary income, and uncertainty shrouding the future economic outlook, many prospective parents are making all the necessary efforts to delay pregnancy or restrict the number of babies they have. Worries about the economy led many women reconsidering motherhood, affecting both first-time and repeat purchases of breast pumps. For instance, in the United States, the number of children per household has been on a decline since 2008, which as a consequence had decreased the number of breast pumps needed. Although, the current global recession throws a temporary dampener on growth patterns, a recovery in the financial scenario in the immediate future will push the market’s growth fundamentals back into the fore. Conducive demographics, such as, older parents with higher discretionary spends, dual income households, growing awareness of breast feed benefits, and increasing number of women in the workforce, stand out as strong market fundamentals that nail down growth patterns across regional markets worldwide.

The lackluster growth in the traditional non-powered breast pumps market will be counteracted by the healthy growth in the Powered Breast Pumps market worldwide. US market for powered breast pump is projected to surge at a CAGR of 4.0% over the period 2007 through 2015.

Leading global and regional players include Ameda Breastfeeding Solutions, Medela Inc., Phillips Avent, Whittlestone Inc, among others.

The research report titled “Breast Pumps: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., covers major market dynamics, trends, issues, and competition pertaining to the market. The report enumerates product innovations and introductions, recent developments, mergers, acquisitions and other strategic industry activities. Volume Analytics is presented for key geographical markets including United States, Canada, France, Germany, United Kingdom, Italy, and Rest of world. The report categorizes the market into Non-Powered Breast Pumps and Powered Breast Pumps segments.

For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Breast_Pumps_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) 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 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

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