Germany Wearable Breast Pumps Market Size & Outlook
Germany wearable breast pumps market, 2018-2030 (US$M)
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Germany wearable breast pumps market highlights
- The Germany wearable breast pumps market generated a revenue of USD 25.4 million in 2023 and is expected to reach USD 52.3 million by 2030.
- The Germany market is expected to grow at a CAGR of 10.9% 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 25.4 million |
| Market revenue in 2030 | USD 52.3 million |
| Growth rate | 10.9% (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, Germany accounted for 4.6% 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 Europe, Germany wearable breast pumps market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 52.3 million by 2030.
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Wearable Breast Pumps Market Scope
Wearable Breast Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 58.27% in 2023. Horizon Databook has segmented the Germany wearable breast pumps market based on wearable pumps, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
As per the Parental Allowance and Parental Leave Act in Germany, paid parental leaves are granted for 14 weeks (total extended leave of 24 months max). Allowances for parental leaves range from USD 337.16 to USD 2,022.97, depending on employee’s previous income. There is an option for parents to avail government allowance up to EUR 1,200 for first 14 months.
Moreover, increasing number of milk banks in Germany, as well as initiatives to increase breastfeeding and practical recommendations on breastfeeding issues for mothers, midwives, hospital staff, and doctors, are expected to boost the demand for wearable breast pumps in the country.
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany wearable breast pumps market , including forecasts for subscribers. This country databook contains high-level insights into Germany wearable breast pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany wearable breast pumps market size, by component, 2018-2030 (US$M)
Germany Wearable Breast Pumps Market Outlook Share, 2023 & 2030 (US$M)
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