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SAN FRANCISCO, April 7, 2021 /PRNewswire/ The global breast pump market size is expected
to reach USD 5.53 billion by 2028 registering a CAGR of 10.5% over the forecast period, according to a new report by Grand View Research, Inc. Improving healthcare infrastructure in emerging economies, increasing global women employment rates, and presence of favorable demographics are the key factors driving the market.
The market in the developed economies, such as the U.S., Germany, France, and Australia, is saturated, owing to the increasing demand and presence of key players in these regions. The emerging Asian and Latin American economies currently have a moderate adoption rate due to lower patient awareness levels. Economic development in these regions coupled with rising disposable income is anticipated to help the market ensure future sustainability.
Breast Pump Market Size Worth $5 53 Billion By 2028 | CAGR: 10 5%: Grand View Research, Inc prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.