TechNavio recognizes the following companies as the key players in the Global Breast Pumps Market: Energizer Holdings Inc., Medela AG, Philips Healthcare, and Pigeon Corp.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Global Breast Pumps market is the increasing reimbursement policies. According to the ACA in 2013, breast pump manufacturers require health insurance carriers to provide breast pumps to pregnant and nursing mothers. Hence, insurance companies essentially cover the cost of breast pumps, along with lactation counseling and various other precautionary health services. This may include any type of breast pumps in the market. As a result, most of the leading vendors are focusing more on the production of insured breast pumps.”
According to the report, one of the main factors driving the market is the reasonable pricing of breast pumps. This is because the use of breast pumps is growing due to a combination of factors such as higher awareness among expectant mothers about the advantages of sophisticated and proper breastfeeding and increased safety offered by new prenatal diagnostic techniques.
Further, the report states that one of the main challenges is the threat of brand loyalty for small companies. Most women prefer to use branded devices manufactured and distributed by reputable vendors with significant market presence.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Bailey Medical Engineering Inc., Platinum Products Holding Inc., TOMY Co. Ltd., and Whittlestone Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-breast-pumps-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Breast Pumps Market 2012-2016
