Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.15 Billion | USD 5.65 Billion | 6.7% | 2023 |
The global peristaltic pumps market size was evaluated at $3.15 billion in 2023 and is slated to hit $5.65 billion by the end of 2032 with a CAGR of nearly 6.7% between 2024 and 2032.
In order to offer the users of this report, a comprehensive view of the peristaltic pumps market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the market has additionally been enclosed within the study. The study includes a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
Peristaltic pumps are commonly known as roller pumps, which are used for pumping various types of fluids. These fluids are passed through the flexible tubes that are fixed inside a circular pump casing. Peristaltic pumps might operate continuously or can be indexed in part revolutions to pump smaller amounts of fluids.
The global peristaltic pumps market is anticipated to grow significantly in the next few years, owing to the increasing awareness regarding saving maintenance costs and operational efficiency. The rising demand for peristaltic pumps in the pharmaceutical industry across the globe is expected to drive this market’s growth across the globe. Peristaltic pumps are widely used in processing botanical drugs and herbs, manufacturing biological and medicinal, pharmaceutical products, and isolating active medicinal principles. Moreover, the growing use of water and wastewater treatment is also another driving factor of the peristaltic pumps market.
However, frequent replacement of tubes and hoses is likely to slow down this market’s growth in the upcoming years. Alternatively, product innovation to enhance the capacity of these pumps is further projected to offer new growth opportunities for the peristaltic pumps market in the years ahead.
The study also includes the market share of the key participants operating in the peristaltic pumps market across the globe. Additionally, the report covers the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of the key players within the market on a regional basis.
The global peristaltic pumps market is classified based on type and end-user.
Based on the type, the global peristaltic pumps market includes tube pumps and hose pumps. Tube pumps are expected to lead the global peristaltic pumps market in the future, as they are widely used to pump fluids containing suspensions of abrasive solids and corrosive liquids. These pumps are commonly used for chemical injection and dosing applications.
By end-user, the market includes water and wastewater treatment, pharmaceuticals, food and beverages, mining, pulp and paper, chemical processing, and others. The water and wastewater treatment was the dominating end-user segment in 2018 and are likely to dominate in the future as well, owing to the growing number of water and wastewater treatment plants across the globe.
Report Attributes | Report Details |
---|---|
Report Name | Peristaltic Pumps Market |
Market Size in 2023 | USD 3.15 Billion |
Market Forecast in 2032 | USD 5.65 Billion |
Growth Rate | CAGR of 6.7% |
Number of Pages | 110 |
Key Companies Covered | Cole-Parmer Instrument Company Limited, Gilson Inc., ProMinent GmbH, Verder Holding B.V, PCM Group UK Ltd., Watson Marlow Limited, Wanner Engineering, Inc., Flowrox, Inc., Randolph Austin, Graco, Inc., Seko Spa, and Albin Pump AB |
Segments Covered | By type, By end-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Additionally, the regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. These regions are further sub-divided into major countries, such as the U.S., UK, Germany, Canada, France, China, Japan, and Brazil.
By region, Asia Pacific contributed the largest share toward the global peristaltic pumps market in 2018 and is expected to continue its market dominance in the future as well. The surging demand for peristaltic pumps in various end-user industries like pharmaceutical, water, and wastewater treatment, and chemical processing is estimated to drive this regional market growth. Europe and North America are anticipated to grow significantly over the forecast time period, owing to the flourishing pharmaceutical and food and beverages industries in these regions.
The global Peristaltic Pumps market profiles key players such as:
Global Peristaltic Pumps Market: Type Analysis
Global Peristaltic Pumps Market: End-User Analysis
Global Peristaltic Pumps Market: Regional Analysis
FrequentlyAsked Questions
Peristaltic pumps are a variety of positive displacement pump that are employed to transfer fluids, including those that are viscous, abrasive, or contain solids. They function through a distinctive mechanism that employs the peristaltic motion to transport fluids through a flexible conduit or hose.
The demand for peristaltic pumps is primarily driven by the necessity for precise and contamination-free fluid transfer, particularly in the handling of sterile solutions and aggressive chemicals. Adoption of peristaltic pumps in water treatment facilities has increased as a result of their use in chemical dosing and transfer.
The global peristaltic pumps market size was evaluated at $3.15 billion in 2023 and is slated to hit $5.65 billion by the end of 2032.
The global peristaltic pumps market a CAGR of nearly 6.7% between 2024 and 2032.
Additionally, the regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. These regions are further sub-divided into major countries, such as the U.S., UK, Germany, Canada, France, China, Japan, and Brazil.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed