Increasing demand for mother care products, the introduction of modern technologies in the healthcare sector, and the adoption of breastfeeding accessories will anticipate bolstering the overall breastfeeding accessories market.
Throughout the forecast period, the global breastfeeding accessories market is expected to grow at a 6.45% CAGR. In 2022, the market is currently valued at US$ 2.36 billion. The breastfeeding accessories market is expected to reach a high of US$ 4.42 billion by the year 2032. The analysis completed by Future Market Insights revealed a historical market valuation of US$ 2.22 billion.
As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Breastfeeding Accessories market is projected to witness robust growth during the forecast year 2022 to 2032. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Breastfeeding Accessories market.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Breastfeeding Accessories Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Breastfeeding Accessories market.
Key Breastfeeding Accessories Market Takeaways and Projections
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Report Benefits & Key Questions Answered
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Breastfeeding Accessories market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Breastfeeding Accessories market.
Some of the prominent market players are profiled by FMI are:
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Key Segments Covered In The Breastfeeding Accessories Industry Survey
By Product Type:
By End User:
Region
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Mar 30, 2023