BRIC Breast Pump Market

BRIC Breast Pump Market Size, Share, Growth Analysis, By Product(Open System, Closed System), By Technology(Manual, Battery Powered), By Application(Personal Use, Hospital Grade), By Country(Brazil, Russia) - Industry Forecast 2024-2031


Report ID: UCMIR35A2847 | Region: Regional | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

BRIC Breast Pump Market Insights

Market Overview:

In 2017, the breast pump market within the BRIC nations—Brazil, Russia, India, and China—achieved a substantial valuation of approximately USD 124.6 million. This market demonstrated remarkable growth, boasting a robust Compound Annual Growth Rate (CAGR) of 10.8% over the projected period. Several pivotal factors contribute to this escalating trajectory, including the notable reduction in infant mortality rates, heightened maternal awareness regarding breastfeeding benefits, ongoing enhancements in healthcare infrastructure, and a noteworthy rise in the establishment of milk banks.

BRIC Breast Pump Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for BRIC Breast Pump was estimated to be valued at US$ XX Mn in 2021.

The BRIC Breast Pump Market is estimated to grow at a CAGR of XX% by 2028.

The BRIC Breast Pump Market is segmented on the basis of Product, Technology, Application, Country.

Based on region, the BRIC Breast Pump Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the BRIC Breast Pump Market are Newell Brands, Inc., Pigeon Corporation, Koninklijke Philips N.V., Medela LLC, Mayborn Group Limited. .

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BRIC Breast Pump Market

Product ID: UCMIR35A2847

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