South and Central America Breast Pump Market Overview and Growth by 2028
South and Central America Breast Pump Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Closed System Breast Pump and Open System Breast Pump), Technology (Manual Breast Pump and Electric Breast Pump), and Distribution Channel (Consumer Stores and Online Distribution)
- Status : Published
- Report Code : TIPRE00025862
- Category : Consumer Goods
- No. of Pages : 89
- Available Report Formats :
- Last update date : November 17, 2023
2021 Market Size
US$ 23.79 Mn
Base year value
2028 Forecast
US$ 44.12 Mn
Projected by 2028
CAGR 2022-2028
9.8 %
Growth rate
Addressable Market
US$ 246.30 Mn
(2022-2028)
The South and Central America breast pump market is expected to reach US$ 44.12 million by 2028 from US$ 23.79 million in 2021; it is estimated to grow at a CAGR of 9.8% from 2021 to 2028.
Major factors driving the growth of the market include high women employment rates, increasing birth rate, and escalating healthcare investments from the private and government sectors. However, childcare crisis among working women may hamper the South and Central America breast pump market growth.It is hard for working women to feed their babies when they are not around due to hectic working hours and fast-paced lifestyle. The electric breast pumps help these women in the optimal production of milk for mothers, and they can store the milk to ensure that their babies are fed in their absence. Women employment rate across the Latin Americais rising with the growing tendency toward pursuing high education among women. Moreover, breastfeeding becomes uncomfortable for women at public places or at workplaces; to address these issues, the use of pumps is being encouraged all over the world to extract the milk when they are not in public. The existence of strong laws in American countries for protecting working women’s rights and ensuring higher women employment rate are contributing to the breast pump market growth in the region.
Countries in Brazil and Argentina are among the top destinations in the world for aesthetic procedures. However, the COVID-19 pandemic has severely impacted the flow of medical devices in the region. The region is expected to impose the second lockdown phase, which will ultimately hamper the healthcare sector in the area. Nevertheless, many countries in the region are likely to impose the second lockdown, which will further hamper the healthcare sector in the region. Moreover, countries in South and Central America are significantly dependent on the US and European countries for their medical resources. Thus, the breast pump market in the region experienced a significant slowdown in 2020.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
SOUTH AND CENTRAL AMERICA BREAST PUMP MARKET SEGMENTATION
By Technology
- Electric Breast Pump
-
- Single Electric Breast Pump
- double Electric Breast Pump
- Manual Breast Pump
By Type
- Closed System Breast Pump
- Open System Breast Pump
By Distribution Channel
- Consumer Stores
- Online Distribution
By Country
- Brazil
- Argentina
- Rest of South and Central America
Company Profiles
- Koninklijke Philips N.V.
- Ardo
- Ameda Inc.
- Medela
South and Central America Breast Pump Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 23.79 Million |
| Market Size by 2028 | US$ 44.12 Million |
| CAGR (2021 - 2028) | 9.8% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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