DUBLIN, April 11, 2014 /PRNewswire/ --
Dublin - Research and Markets (http://www.researchandmarkets.com/research/66z3cb/global_breast) has announced the addition of the "Global Breast Pumps Market Report" report to their offering.
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The analysts forecast the Global Breast Pump market to grow at a CAGR of 7.72 percent over the period 2012-2016. One of the key factors contributing to this market growth is the strong growth of the Breast Pumps Market in the US. The Global Breast Pump market has also been witnessing increasing awareness among emerging countries. However, small- and medium-sized vendors face high entry barriers and this could pose a challenge to the growth of this market.
The report, the Global Breast Pump Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, and the EMEA and APAC regions; it also covers the Global Breast Pump market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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.
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
4. Market Research Methodology
5. Scope of the Report
6. Market Landscape
7. Market Segmentation
8. Geographical Segmentation
9. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Key Vendor Analysis
17. Other Reports in this Series
- Bailey Medical Engineering Inc.
- Energizer Holdings Inc.
- Medela AG
- Philips Healthcare
- Pigeon Corp.;
- Platinum Products Holding Inc.
- TOMY Co. Ltd.
- Whittlestone Inc.
For more information visit http://www.researchandmarkets.com/research/66z3cb/global_breast
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets