Soaring birth rates in developed economies are contributing to the global baby boom. The increasing number of parturient women across the world are thus likely boost the demand for human milk, thereby driving the breast pumps market growth. Also, in developed countries, there is a rising number of human milk banks, which are offering great help to the mothers who face issues in producing milk in the required volumes. Among the European countries, Italy has the highest number of milk banks. Further, the milk banks offer memberships for women who can produce more milk. Many of them also work for a good cause of improving babies’ health. Further, the sterilization and pasteurization processes are important before providing the milk to babies. Increased in the awareness regarding the benefits of donating breast milk is propelling the operations at the breast or human milk banks across Europe, thereby adding to the demand for breast pumps market in the region.
The onset of COVID-19 pandemic has led to a shortage of important life-saving medical tools and devices, along with many other significant medical supplies that can help curb the spread of infection, in Europe. Lockdown restrictions imposed by countries and disruptions in the operations of manufacturing units have created a gap in the supply for a broad range of devices such as nipple care products, breast pumps, breast milk storage bags, breast milk bottles, nipple shields, and breast shells. Moreover, shift in priorities from convenience products to necessary supplies, mainly the COVID-19 diagnosis and treatment tools, have led to decline in the production and sales of breast pumps to a certain extent.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 624.78 Million |
| Market Size by 2028 | US$ 1,241.90 Million |
| Global CAGR (2021 - 2028) | 10.3% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |