North America Breast Pump DME Market Overview
The report is titled ‘North America Breast Pump DME Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the North America Breast Pump DME market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The North America Breast Pump DME market is expected to grow at a significant rate in the near future.
In 2020, North America breast pump DME market was valued at US$ 474.2 Mn and expected to grow significantly at a CAGR of 6.8% over the forecast period.
North America Breast Pump DME Introduction
Breast pumps can be perceived as medical devices, regulated by the U.S. Food and Drug Administration, which serves its utility to regulate or increase a woman's milk feed, alleviate congested breasts and clogged milk ducts, or draw out flat or upturned nipples so a nursing baby can latch on more effortlessly. Durable medical equipment is any type of medical equipment which comes in the use at home to assist in an improved quality of living. It is a benefit incorporated in the majority of the insurances. Most insurance plans cover the purchase of a breast pump, as they are entitled as a crucial element of preventative healthcare. Therefore, the breast pump DME market is projected to rise swiftly in the future years.
North America Breast Pump DME Market Dynamics
In today’s contemporary world, women hold a leading role in each and every industry around the world. As the result of the industrial revolution, the contribution of women in the workforce, other than households, is immeasurable. Thus, they carry ample amounts of work responsibilities and commitments, owing to which, medical equipment like breast pumps are considered a crucial element of preventive healthcare and most insurance plans are obliged to cover them as benefits to new mothers. Also, according to the Affordable Care Act, 2010, breastfeeding should be made more affordable and accessible for hundreds and millions of American women. Therefore, the law obliges all new health plans to offer particular preventive services without any cost-sharing, involving coverage for breastfeeding support and supplies. Attributing to said factors, the breast pump DME market is projected to witness significant growth over the forecast period. Having said that, many insurance companies impose major administrative barriers that limit well-timed breastfeeding support and sufficient equipment, which is likely to restrain the market growth in the coming years.
North America Breast Pump DME Market Segmentation
By DME Care
Service
Equipment
By Modality
Handheld
Compact
By Product
Single
Kit
By Grade
Hospital Grade
Home Grade
By Type
Closed System
Open System
By Technology
Electric
Manual
By End User
Hospital
Homecare
Caregiver
By Country
U.S.
Canada
North America Breast Pump DME Market Key Players
The key participating players of the global North America Breast Pump DME market include Ameda Inc., Hygeia Medical Group II, Lansinoh Laboratories, Inc., Koninklijke Philips N.V., Medela AG, Motif Medical LLC, NUK USA LLC, Neb Doctors, Linco Baby Merchandise Works Co., Ltd., Aetna Inc., Bright Health, Champva, Cigna, Humana, TRICARE, United Healthcare, Tufts Health Plan Mass (Integra), among others.
REPORTS & INSIGHTS Overview on North America Breast Pump DME Market Report
The non-identical approach of Reports & Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the North America Breast Pump DME market by Reports & Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of North America Breast Pump DME
Advantages of North America Breast Pump DME
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment where one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
Summarized Info | Details | ||
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Base Year: | 2020 | Forecast Period: | 2021-2028 |
Key Geographies: |
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Market Segmentation: |
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Key Players: |
Ameda Inc., Hygeia Medical Group II, Lansinoh Laboratories, Inc., Koninklijke Philips N.V., Medela AG, Motif Medical LLC, NUK USA LLC, Neb Doctors, Linco Baby Merchandise Works Co., Ltd., Aetna Inc., Bright Health, Champva, Cigna, Humana, TRICARE, United Healthcare, and Tufts Health Plan Mass (Integra) are the key participating players in the market |
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Report Coverage: |
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Market Size: | US$ 474.2 Mn | CAGR: | 6.8% |
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1. North America Breast Pump DME Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. North America Breast Pump DME Market Overview
2.1. Introduction
2.1.1. Introduction
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. North America Breast Pump DME Market Snapshot
2.4. North America Breast Pump DME Market Size And Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. North America Breast Pump DME Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Porter’s Five Forces Model
2.7. Breast Pumps Product Description Within DME
2.8. Pricing Analysis
2.9. Cross Section Analysis
3. Breast Pump DME Reimbursement Scenario
3.1. Insurance Policies
3.2. Steps to Get a Breast Pump Free On Insurance
3.3. Reimbursement Level Analysis
3.4. Coverage & Strategy
3.5. Breast Pumps DME Reimbursement Strategy Recommendation
3.6. Breast Pump DME Promotional Strategy Recommendation
4. North America Breast Pump DME Market, By DME Care
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By DME Care
4.1.2. BPS Analysis, By Product Type
4.2. Market Revenue (US$Mn) and Forecast, By DME Care
4.2.1. Service
4.2.2. Equipment
4.3. North America Breast Pump DME Market Attractiveness Index, By DME Care
5. North America Breast Pump DME Market, By Modality
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Modality
5.1.2. BPS Analysis, By Modality
5.2. Market Revenue (US$Mn) and Forecast, By Modality
5.2.1. Handheld
5.2.2. Compact
5.3. North America Breast Pump DME Market Attractiveness Index, By Modality
6. North America Breast Pump DME Market, By Product
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Product
6.1.2. BPS Analysis, By Product
6.2. Market Revenue (US$Mn) and Forecast, By Product
6.2.1. Single
6.2.2. Kit
6.3. North America Breast Pump DME Market Attractiveness Index, By Product
7. North America Breast Pump DME Market, By Grade
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Grade
7.1.2. BPS Analysis, By Grade
7.2. Market Revenue (US$Mn) and Forecast, By Grade
7.2.1. Hospital Grade
7.2.2. Home Grade
7.3. North America Breast Pump DME Market Attractiveness Index, By Grade
8. North America Breast Pump DME Market, By Type
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Type
8.1.2. BPS Analysis, By Type
8.2. Market Revenue (US$Mn) and Forecast, By Type
8.2.1. Closed System
8.2.2. Open System
8.3. North America Breast Pump DME Market Attractiveness Index, By Type
9. North America Breast Pump DME Market, By Technology
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Technology
9.1.2. BPS Analysis, By Technology
9.2. Market Revenue (US$Mn) and Forecast, By Technology
9.2.1. Electric
9.2.2. Manual
9.3. North America Breast Pump DME Market Attractiveness Index, By Technology
10. North America Breast Pump DME Market, By End User
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By End User
10.1.2. BPS Analysis, By End User
10.2. Market Revenue (US$Mn) and Forecast, By End User
10.2.1. Hospital
10.2.2. Homecare
10.2.3. Caregiver
10.3. North America Breast Pump DME Market Attractiveness Index, By End User
11. North America Breast Pump DME Market, By Country
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market Revenue (US$Mn) and Forecast, By Country
11.2.1. U.S.
11.2.2. Canada
11.3. North America Breast Pump DME Market Attractiveness Index, By Country
12. U.S. Breast Pump DME Market Analysis and Forecast, 2020–2028
12.1. U.S. Breast Pump DME Market, By DME Care
12.1.1. Service
12.1.2. Equipment
12.2. U.S. Breast Pump DME Market, By Modality
12.2.1. Handheld
12.2.2. Compact
12.3. U.S. Breast Pump DME Market, By Product
12.3.1. Single
12.3.2. Kit
12.4. U.S. Breast Pump DME Market, By Grade
12.4.1. Hospital Grade
12.4.2. Home Grade
12.5. U.S. Breast Pump DME Market, By Type
12.5.1. Open Systems
12.5.2. Closed Systems
12.6. U.S. Breast Pump DME Market, By Technology
12.6.1. Electric
12.6.2. Manual
12.7. U.S. Breast Pump DME Market, By End User
12.7.1. Hospitals
12.7.2. Caregiver
12.7.3. Homecare
12.8. U.S. Breast Pump DME Market Attractiveness Index
12.8.1. By DME Care
12.8.2. By Modality
12.8.3. By Product
12.8.4. By Grade
12.8.5. By Type
12.8.6. By Technology
12.8.7. By End User
13. Canada Breast Pump DME Market Analysis and Forecast, 2020–2028
13.1. Canada Breast Pump DME Market, By DME Care
13.1.1. Service
13.1.2. Equipment
13.2. Canada Breast Pump DME Market, By Modality
13.2.1. Handheld
13.2.2. Compact
13.3. Canada Breast Pump DME Market, By Product
13.3.1. Single
13.3.2. Kit
13.4. Canada Breast Pump DME Market, By Grade
13.4.1. Hospital Grade
13.4.2. Home Grade
13.5. Canada Breast Pump DME Market, By Type
13.5.1. Open Systems
13.5.2. Closed Systems
13.6. Canada Breast Pump DME Market, By Technology
13.6.1. Electric
13.6.2. Manual
13.7. Canada Breast Pump DME Market, By End User
13.7.1. Hospitals
13.7.2. Caregiver
13.7.3. Homecare
13.8. Canada Breast Pump DME Market Attractiveness Index
13.8.1. By DME Care
13.8.2. By Modality
13.8.3. By Product
13.8.4. By Grade
13.8.5. By Type
13.8.6. By Technology
13.8.7. By End User
14. Competitive Landscape
14.1. Company Profiles
14.1.1. Ameda Inc.
14.1.2. Hygeia Medical Group II
14.1.3. Lansinoh Laboratories, Inc.
14.1.4. Koninklijke Philips N.V.
14.1.5. Medela AG
14.1.6. Motif Medical LLC
14.1.7. NUK USA LLC
14.1.8. Neb Doctors
14.1.9. Linco Baby Merchandise Works Co., Ltd.
14.1.10. Aetna Inc.
14.1.11. Bright Health
14.1.12. Champva
14.1.13. Cigna
14.1.14. Humana
14.1.15. TRICARE
14.1.16. United Healthcare
14.1.17. Tufts Health Plan Mass (Integra)
15. Acronyms
In 2020, North America breast pump DME market was valued at US$ 474.2 Mn and expected to grow significantly at a CAGR of 6.8% over the forecast period.
Growing number of insurance covering companies in breast pumps market, rising count of working women resulting in higher demand of breast pumps, and initiatives taken by government like Affordable Care Act (ACA) covers breast pumps and associated supplies under insurance plans are the key factors driving the growth of market
Market is segmented on the basis of DME care, modality, product, grade, type, technology, end user, by country
Ameda Inc., Hygeia Medical Group II, Lansinoh Laboratories, Inc., Koninklijke Philips N.V., Medela AG, Motif Medical LLC, NUK USA LLC, Neb Doctors, Linco Baby Merchandise Works Co., Ltd., Aetna Inc., Bright Health, Champva, Cigna, Humana, TRICARE, United Healthcare, and Tufts Health Plan Mass (Integra) are the key participating players in the market