Market revenue in 2023 | USD 248.2 million |
Market revenue in 2030 | USD 432.9 million |
Growth rate | 8.3% (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 |
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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 58.06% in 2023. Horizon Databook has segmented the U.S. wearable breast pumps market based on wearable pumps, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Various private & public companies provide insurance coverage for breast pumps. For instance, Medela offers insurance coverage for breast pump products. Personal-use standard electric breast pumps and manual breast pumps are covered under Medicaid insurance plans, as per the Affordable Care Act.
However, North Carolina Medicaid does not provide any insurance coverage for breast pumps, provided 15% discounts can be availed on all breast pumps. In addition, increasing number of milk banks in the U.S. is anticipated to further boost the demand for breast pumps. For instance, as per an article published by The Atlantic in 2017, the Human Milk Banking Association of North America (HMBANA) doubled the number of milk banks it had 5 years ago.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. wearable breast pumps market , including forecasts for subscribers. This country databook contains high-level insights into U.S. wearable breast pumps market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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