NEW YORK, April 14, 2021 /PRNewswire/ --
Technavio has monitored the electric breast pumps market in its latest market research report. The market is poised to garner USD 276.75 million and accelerate at a CAGR of almost 8% during the forecast period. This healthcare equipment report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries; however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a high impact on the electric breast pumps market.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AceWin Co. Ltd. , Albert Hohlkorper GmbH & Co. KG, Ameda Inc., Ardo medical AG, Babybelle Asia Ltd., DR TRUST, Koninklijke Philips NV, Lansinoh Laboratories Inc., Medela AG, and Pigeon Corp. are some of the major market participants. Although the increase of women in the workforce will offer immense growth opportunities, the alternatives to breast milk are likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this electric breast pumps market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Electric Breast Pumps Market 2021-2025: Segmentation
The electric breast pumps market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR70374
Electric Breast Pumps Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The electric breast pumps market report covers the following areas:
This study identifies technological advancements and product innovations as one of the prime reasons driving the electric breast pump market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Electric Breast Pumps Market 2021-2025: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Report Page: https://www.technavio.com/report/electric-breast-pumps-market-industry-analysis
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