Global Peristaltic Pumps Market Size To Worth USD 2.9 Billion By 2033 | CAGR of 5.49%
Category: Semiconductors & ElectronicsGlobal Peristaltic Pumps Market Size To Worth USD 2.9 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Peristaltic Pumps Market is to Grow from USD 1.7 Billion in 2023 to USD 2.9 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.49% during the projected period.
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Browse key industry insights spread across 212 pages with 110 Market data tables and figures & charts from the report on the "Global Peristaltic Pumps Market Size, Share, and COVID-19 Impact Analysis, By Type (Peristaltic Tube Pumps, Peristaltic Hose Pumps), By Discharge Capacity (Up to 30 psi, 30-50 psi, 50-100 psi, 100-200 psi and Above 200 psi), By End User (Chemical Processing, Food and Beverage, Mining, Pulp and Paper, Pharmaceutical), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/peristaltic-pumps-market
Peristaltic pumps are positive displacement pumps that keep the fluid being distributed isolated from the pump mechanism and the surroundings. Peristaltic pumps enclose the media inside the tube to help keep the fluid and the pump from getting contaminated. Because of their ability to pump without contamination, peristaltic pumps are particularly well-suited for use in high-purity applications, such as the administration and delivery of chemicals and additives in the food, pharmaceuticals, and semiconductor industries. Peristaltic pump sales have a great deal of room to increase as smart technologies and renewable energy sources are integrated. The increased performance and efficiency of centrifugal blowers due to automation and intelligent control system developments draw companies seeking to minimize expenses and optimize energy consumption. However, the growth of the market could be limited by the dispute over alternative pumping technologies.
The peristaltic tube pumps segment holds the largest market share over the projected timeframe.
Based on type, the peristaltic pumps are divided into peristaltic tube pumps and peristaltic hose pumps. Among these, the peristaltic tube pumps segment holds the largest market share over the projected timeframe. Peristaltic tube pumps are well known for their accuracy and precision in fluid transfer. This capability allows them to be employed in environments like labs, biotechnology, and medicines where precision is crucial. Furthermore, the fluid being pushed away from the internal components of the pump is accomplished by the tubing mechanism used by peristaltic tube pumps. These pumps' design ensures fluid transmission without contamination, making them ideal for industries like food and pharmaceutical processing where product purity is critical. Above all, a variety of fluids, including those that are corrosive, abrasive, or shear-sensitive, can be handled by peristaltic tube pumps.
The up to 30 psi segment has the highest share of the market over the forecast period.
Based on discharge capacity, the peristaltic pumps are divided into up to 30 psi, 30-50 psi, 50-100 psi, 100-200 psi and above 200 psi. Among these, the up to 30 psi segment has the highest share of the market over the forecast period. Peristaltic pumps with pressure capacities of up to 30 psi offer a versatile solution that satisfies the needs of many industries. Because of their many applications, these pumps are suitable for the chemical processing, biotechnology, water treatment, and pharmaceutical industries. Peristaltic pumps work well with delicate fluids because of their mild pumping action. Utilizing shear-sensitive materials, which are frequently used in the food processing and biopharmaceuticals industries, the pressure range of up to 30 psi is frequently advantageous. Furthermore, even with pressure capacities of up to 30 psi, peristaltic pumps are designed to fit seamlessly into modern industrial processes.
The pharmaceutical segment is anticipated to hold the largest share of the market.
Based on end-user, the peristaltic pumps are divided into chemical processing, food and beverage, mining, pulp and paper, pharmaceutical. Among these, the pharmaceutical segment is anticipated to hold the largest share of the market. In fermenters and bioreactors, these pumps are used to produce biopharmaceuticals, thus peristaltic pumps are crucial for fluid transfer. To maintain the appropriate conditions for bioprocessing and cell growth, peristaltic pumps offer precise control. Peristaltic pumps are also designed to meet the stringent requirements of the pharmaceutical and medical industries, including sterility and biocompatibility. These pumps are essential for the sterile handling of sensitive biological materials in accordance with the strict guidelines of pharmaceutical manufacture and medical applications. Additionally, the bioprocessing industry's shift to single-use systems has increased the demand for peristaltic pumps.
North America holds the highest share of the global peristaltic pumps market over the forecast period.
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North America, particularly the US, has robust industrial bases in the chemical processing, biotechnology, water and wastewater treatment, and pharmaceutical industries. Peristaltic pumps are essential to many industries because of their accuracy, adaptability, and contamination-free pumping. In addition, the biopharmaceutical and healthcare sectors regard the US as a world leader. Peristaltic pumps play a crucial role in various industries, such as pharmaceutical synthesis, bioreactor fluid transfer, and medical device manufacture. The region's contemporary healthcare infrastructure is the primary driver of peristaltic pump demand. North America has stricter laws as well, especially for the food processing and pharmaceutical industries.
Asia-Pacific is predicted to grow fastest pace throughout the forecast period. Asia Pacific is expected to grow during the projection period at a significant rate. APAC is the region where sales of peristaltic pumps are growing at the quickest rate. The region's growth is attributed to increasing output and the presence of more end-user enterprises in the area. Peristaltic pump manufacturers are focusing on this market because it is the fastest-growing industrial segment.
Major vendors in the global peristaltic pumps market include Heidolph Instruments GmbH & Co. KG, IDEX Corporation, Jieheng Peristaltic Pumps Co., Ltd, NETZSCH Group, ProMinent GmbH, Pumpsquare Systems LLP, Randolph Austin Company, Ravel Hiteks Pvt. Ltd, Spirax-Sarco Engineering plc, Thermo Fisher Scientific Inc, TMVT Industries Pvt. Ltd, Valmet Oyj, Verder Group, Wanner Engineering Inc, and Others.
Recent Developments
- In July 2023, through Shanghai Duoning Yuexi Biological Technology Co Ltd., Changzhou PreFluid Technology Co Ltd., a Chinese manufacturer of peristaltic pumps, has engaged in an acquisition agreement with Duoning Biotechnology Co Ltd.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global peristaltic pumps market based on the below-mentioned segments:
Global Peristaltic Pumps Market, By Type
- Peristaltic Tube Pumps
- Peristaltic Hose Pumps
Global Peristaltic Pumps Market, By Discharge Capacity
- Up to 30 psi
- 30-50 psi
- 50-100 psi
- 100-200 psi and Above 200 psi
Global Peristaltic Pumps Market, By End- User
- Chemical Processing
- Food and Beverage
- Mining
- Pulp and Paper
- Pharmaceutical
Global Peristaltic Pumps Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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