Brazil Wearable Breast Pumps Market Size & Outlook
Brazil wearable breast pumps market, 2018-2030 (US$M)
Related Markets
Brazil wearable breast pumps market highlights
- The Brazil wearable breast pumps market generated a revenue of USD 11.0 million in 2023 and is expected to reach USD 16.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, wearable pumps was the largest revenue generating component in 2023.
- Wearable Pumps is the most lucrative component segment registering the fastest growth during the forecast period.
Wearable breast pumps market data book summary
| Market revenue in 2023 | USD 11.0 million |
| Market revenue in 2030 | USD 16.8 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Wearable pumps |
| Fastest growing segment | Wearable Pumps |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wearable Pumps, Accessories |
| Key market players worldwide | Ameda, Inc., Koninklijke Philips NV, Pigeon Corp, Medela, Spectra Baby USA, Willow, Elvie, Freemie, BabyBuddha Products |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.0% of the global wearable breast pumps market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil wearable breast pumps market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 16.8 million by 2030.
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Wearable Breast Pumps Market Scope
Wearable Breast Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil wearable breast pumps market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wearable breast pumps market will help companies and investors design strategic landscapes.
Wearable pumps was the largest segment with a revenue share of 58.18% in 2023. Horizon Databook has segmented the Brazil wearable breast pumps market based on wearable pumps, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
A pregnant female employee is entitled to 120 consecutive days of maternity leave, which is paid by social security. Companies can grant an added 60 days of paid leave that can be fully deducted from the corporate income tax.
The government has established several milk banks that store breast milk, and there should be at least one milk bank in each Brazilian state. As of 2016, there are 218 milk banks in the country, which can help more than 1.8 million newborns.
In addition, the Ministry of Health organizes the World Breastfeeding Week every August to raise public awareness about the National Incentive Program for Breastfeeding. Favorable laws and initiatives are undertaken by the Ministry to raise awareness about benefits of breastfeeding and prohibit inappropriate marketing practices for breast milk substitutes. Such laws are expected to increase the sale of wearable breast pumps.
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Our clientele includes a mix of wearable breast pumps market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil wearable breast pumps market , including forecasts for subscribers. This country databook contains high-level insights into Brazil wearable breast pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil wearable breast pumps market size, by component, 2018-2030 (US$M)
Brazil Wearable Breast Pumps Market Outlook Share, 2023 & 2030 (US$M)
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