The BRIC Breast Pump Market size is expected to reach USD 313.6 million by 2026, according to a new report by Grand View Research, Inc., registering a 10.8% CAGR during the forecast period. Growing awareness among mothers, improving healthcare infrastructure, declining infant mortality rate, increasing population of working mothers, and rising government initiatives are some of the key factors driving the market.
Surge in awareness campaigns by private and public organizations with respect to advantages of breastfeeding has encouraged working mothers to use breast pumps. For instance, UNICEF conducted a National Breastfeeding Promotion Program in August 2016, called Mothers’ Absolute Affection (MAA) in New Delhi, India, to create awareness regarding breastfeeding. Initiatives such as these have influenced many working women to use breast pumps and have also helped in understanding the benefits of breastfeeding. In addition, rising number of births in developing nations such as India as well as advancements in product improvement by key players have fueled the breast pump market.
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Further key findings from the report suggest:
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Grand View Research has segmented the global BRIC breast pump market on the basis of product, technology, application, and country:
BRIC Breast Pump Product Outlook (Volume, Units Sold; Revenue, USD Million, 2015 – 2026)
BRIC Breast Pump Technology Outlook (Volume, Units Sold; Revenue, USD Million, 2015 – 2026)
BRIC Breast Pump Application Outlook (Volume, Units Sold; Revenue, USD Million, 2015 – 2026)
BRIC Breast Pump Country Outlook (Volume, Units Sold; Revenue, USD Million, 2015 – 2026)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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