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Pulished Date April, 2021
ID: 6511
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Latin America Breast Pumps Market Research Report – Segmented By Product Type, Application, Technology and Country (Mexico, , Argentina, Chile and Rest of Latin America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 6511
Pages: 145

Latin America Breast Pumps Market Size (2021 to 2026)

The size of the Breast Pumps market in Latin America is estimated to grow USD 113.33 million by 2026 from USD 79.68 million in 2021, registering a CAGR of 7.3% during the forecast period. It captures 12% of the global market.

The increasing popularity of breast pumps in both developed and developing countries through campaigns and digital advertisements promotes the market demand in Latin America. Breast pumps are not only to extract the milk from lactating women but are also used to store the milk and feed babies later, and this is highly attracting working-class women where they can feed their babies after coming from work. Therefore, the attribute mentioned above is accelerating the growth rate of the market. In addition, the rising focus on improving healthcare facilities both in government and non-government healthcare centers is boosting the breast pumps market demand in Latin America.

However, slight variations in the production rate of the devices due to various reasons in pharmaceutical companies quietly impede the market's demand. In addition, the shortage of skilled people in manufacturing the latest designs has remained a challenging factor for market growth. Furthermore, in Latin America, people in rural areas are less aware of breast pumps, limiting the market's growth rate. In addition, some of the devices cost high due to their advanced technologies, and this is also inhibiting the demand of the breast pumps market in Latin America.

Increasing support from government organizations through funds is a significant factor in creating growth opportunities for the market. Growing awareness, even in rural areas with initiative steps by both public and private organizations and escalating expenditure on healthcare, is likely to outshine the market's growth rate during the forecast period. In addition, the emergence of e-commerce in the healthcare industry and constant economic growth from recent years are further anticipated to fuel the growth of the breast pumps market in Latin America.

This research report on the Latin American Breast Pumps market has been segmented and sub-segmented into the following categories:

By Product Type: 

  • Closed
  • Open

By Application: 

  • Personal Use Pumps
  • Healthcare/hospital Grade Pumps

By Technology: 

  • Battery Powered
  • Manual
  • Electric

By Country: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Regionally, Latin America is expected to showcase a robust CAGR during the forecast period. The growing popularity of breast pumps in both developed and developing countries due to marketing initiatives and commercials is driving up demand in Latin America. In addition, breast pumps are being used to extract milk from lactating women and preserve it so that it may be fed to newborns later, attracting working-class women who can feed their babies after they get home from work.

Breast pumps are in high demand in Latin America because of a growing focus on improving healthcare facilities in both government and non-government facilities.

Furthermore, the advent of E-commerce in the healthcare industry and consistent economic expansion in recent years is expected to boost the growth of the region’s breast pump market.

Increasing financial backing from government entities is a key driver in the market’s expansion. Due to the public and private sector initiatives and rising healthcare spending, growing awareness, especially in rural regions, is expected to outpace the market’s growth rate throughout the projected period.

KEY MARKET PLAYERS:

Companies playing a key role in the Latin American Breast pumps market profiled in this report are Pigeon Group (Pigeon Corporation), Koninklijke Philips N.V., Ameda, Inc., Ardo Medical Ag, Evenflo Feeding, Inc. Other players in the market are Mayborn Group Limited (Shanghai Jahwa Co. Ltd), Spectra Baby USA, Albert Manufacturing USA (Albert Group), Hygeia Health, and others.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product                        

                                5.1.1 Introduction           

                                5.1.2 Closed System       

                                5.1.3 Open System         

                                5.1.4  Y-o-Y Growth Analysis, By Product              

                                5.1.5 Market Attractiveness Analysis, By Product             

                                5.1.6 Market Share Analysis, By Product               

                5.2 Technology                 

                                5.2.1 Introduction           

                                5.2.2 Battery Powered  

                                                5.2.2.1 Recharge battery operated

                                                5.2.2.2 Primary batter operated

                                5.2.3 Manual     

                                5.2.4 Electric      

                                5.2.5 Y-o-Y Growth Analysis, By Technology        

                                5.2.6 Market Attractiveness Analysis, By Technology      

                                5.2.7 Market Share Analysis, By Technology        

                5.3 Application                 

                                5.3.1 Introduction           

                                5.3.2 Personal Use Pumps           

                                5.3.3 Healthcare/hospital Grade Pumps

                                5.3.4 Y-o-Y Growth Analysis, By Application         

                                5.3.5 Market Attractiveness Analysis, By Application       

                                5.3.6 Market Share Analysis, By Application        

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product

                                                6.1.3.3 By Technology

                                                6.1.3.4 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product

                                                6.1.4.3 By Technology

                                                6.1.4.4 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product

                                                6.1.5.3 By Technology

                                                6.1.5.4 By Application

                6.2 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Medela LLC                 

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Pigeon Group (Pigeon Corporation)                

                8.3 Koninklijke Philips N.V.                          

                8.4 Ameda, Inc.                

                8.5 Ardo Medical Ag                       

                8.6 Evenflo Feeding, Inc.                              

                8.7 Mayborn Group Limited (Shanghai Jahwa Co. Ltd)                    

                8.8 Spectra Baby USA                    

                8.9 Albert Manufacturing USA (Albert Group)                    

                8.10 Hygeia Health                          

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms by application along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Breast Pumps Market By Product Type, From 2021 to 2026 (USD Million)
  2. Latin America Closed System Market By Region, From 2021 to 2026 (USD Million)
  3. Latin America Open System Market By Region, From 2021 to 2026 (USD Million)
  4. Latin America Breast Pumps Market By Application, From 2021 to 2026 (USD Million)
  5. Latin America Personal Use Pumps Market By Region, From 2021 to 2026 (USD Million)
  6. Latin America Healthcare/hospital Grade Pumps Market By Region, From 2021 to 2026 (USD Million)
  7. Latin America Breast Pumps Market By Technology, From 2021 to 2026 (USD Million)
  8. Latin America Battery Powered Market By Region, From 2021 to 2026 (USD Million)
  9. Latin America Manual Market By Region, From 2021 to 2026 (USD Million)
  10. Latin America Electric Market By Region, From 2021 to 2026 (USD Million)
  11. Brazil Breast Pumps Market By Product Type, From 2021 to 2026 (USD Million)
  12. Brazil Breast Pumps Market By Application, From 2021 to 2026 (USD Million)
  13. Brazil Breast Pumps Market By Technology, From 2021 to 2026 (USD Million)
  14. Argentina Breast Pumps Market By Product Type, From 2021 to 2026 (USD Million)
  15. Argentina Breast Pumps Market By Application, From 2021 to 2026 (USD Million)
  16. Argentina Breast Pumps Market By Technology, From 2021 to 2026 (USD Million)
  17. Mexico Breast Pumps Market By Product Type, From 2021 to 2026 (USD Million)
  18. Mexico Breast Pumps Market By Application, From 2021 to 2026 (USD Million)
  19. Mexico Breast Pumps Market By Technology, From 2021 to 2026 (USD Million)
  20. Rest of Latin America Breast Pumps Market By Product Type, From 2021 to 2026 (USD Million)
  21. Rest of Latin America Breast Pumps Market By Application, From 2021 to 2026 (USD Million)
  22. Rest of Latin America Breast Pumps Market By Technology, From 2021 to 2026 (USD Million)

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