Breast pump is an emerging market consisting of the good and countable number of players, having considerable revenue in the market. Most of the companies operating in the global breast pump market offer breast pumps to the mothers who need to feed their babies. Breast pump is most popular device in working women or those who are frequently away from their babies. These devices have adjustable suction level to avoid discomfort. Breast pump is available in two forms- single pump and double pumps which help in time saving and storing milk for later feeding period.
The most notable market participants are Pigeon Corporation, Ardo medical, Inc., Ameda, Inc., Koninklijke Philips N.V., Medela LLC, Evenflo Feeding, Albert Hohlkörper GmbH & Co. KG, Mayborn Group Limited, Hygeia Healthcare, and Spectra Baby USA among the others. These companies have occupied a considerable share of the market owing to their product offerings to the companies.
Koninklijke Philips N.V., and Medela LLC– Notable Market Players in Breast Pump Market
Market leaders are involved in organic and inorganic growth strategies in the breast pump market. For instance, the companies have maximized their growth with few organic strategies to enhance the market value and position in the market. The organic developments in the market were maximum among the development in the breast pump.
The market has experienced several organic strategies such as product launch, product approval and expansion activities that also have resulted positively for the growth of the market. The companies have also conducted few inorganic strategies such as partnership, acquisitions and agreements that have enhance the product portfolio.
Below is the list of the organic and inorganic strategies done by the players operating in the breast pump market:
|
Year |
News |
|
March 2021 |
Philips Avent has launched of the Philips Avent Double Electric Breast Pump, Advanced. This breast pump featured with innovative Natural Motion Technology. |
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October-2020 |
Medela and Aeroflow Breastpumps entered into partnership. This partnership is aimed at promoting the new breast pump named as In Style with MaxFlow breast pump. |
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April 2019 |
Evenflo Feeding and GoSili entered into strategic partnership. GoSili Inc., a manufacturer of innovative, sustainable silicone products. This partnership is expected to improve product offering by the Evenflo feeding in breast pump segment. |
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