Global Peristaltic Pumps Market Size, Share, Growth, and Industry 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), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.
Industry: Semiconductors & ElectronicsGlobal Peristaltic Pumps Market Insights Forecasts to 2033
- The Global Peristaltic Pumps Market Size was Valued at USD 1.7 Billion in 2023
- The Market Size is Growing at a CAGR of 5.49 % from 2023 to 2033
- The Worldwide Peristaltic Pumps Market Size is Expected to Reach USD 2.9 Billion by 2033
- Asia-Pacific is Expected to Grow the fastest during the forecast period.
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The Peristaltic Pumps Market Size is Anticipated to Exceed USD 2.9 Billion by 2033, Growing at a CAGR of 5.49 % from 2023 to 2033.
PERISTALTIC PUMPS MARKET REPORT OVERVIEW
Positive displacement pumps known as peristaltic pumps isolate the fluid being distributed from the pump mechanism and the surrounding environment. To help prevent both the fluid and the pump from becoming contaminated, peristaltic pumps enclose the media inside the tubing. Peristaltic pumps are especially well-suited for use in high-purity applications, such as the administration and delivery of chemicals and additives in the food, drug, and semiconductor industries, due to their contamination-free pumping capabilities. The market for peristaltic pumps has a lot of scope to grow due to the integration of smart technology and renewable energy sources. Automation and intelligent control system advancements improve centrifugal blowers' performance and efficiency, which attracts businesses looking to cut costs and maximize energy use. Peristaltic pump market potential is significant due to the growing focus on research and development endeavors in several fields such as biotechnology, pharmaceuticals, and environmental science. Enhancements to pump performance, robustness, and adaptability are expected to expand the range of uses for peristaltic pumps and propel the market growth. Peristaltic pump usage can increase in the mining and construction industries could drive market growth. Peristaltic pumps present a potential solution due to the growing focus on sterile fluid transfer and hygiene in sectors like food and pharmaceuticals. Peristaltic pumps are designed to prevent fluid contact with their components, thereby offering contamination-free pumping by nature.
Report Coverage
This research report categorizes the market for the global peristaltic pumps market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global peristaltic pumps market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global peristaltic pumps market.
Global Peristaltic Pumps Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 1.7 Billion |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 5.49 % |
2033 Value Projection: | USD 2.9 Billion |
Historical Data for: | 2019 - 2022 |
No. of Pages: | 268 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Type, By Discharge Capacity, By End-User, By Region |
Companies covered:: | 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., Others, and |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, and Analysis |
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DRIVING FACTORS:
The rising acceptance of food and beverage industries can boost the market growth.
Peristaltic pumps are used in the food and beverage industry to transport delicate liquids like drinks and food additives. They are a favored option in food processing because of their capacity to handle abrasive and shear-sensitive materials without being contaminated. For instance, peristaltic pumps are used in potato processing plants to move waste and ground potato skins from one processing unit to another. Approximately 70% of this slurry is made up of solid material. Consequently, the substance will force other material forward once it is within a peristaltic pump.
RESTRAINING FACTORS
The contention of alternative pumping technology can restrict the market growth.
Competing pumping technologies, including as gear, diaphragm, and centrifugal pumps, pose a serious threat to peristaltic pumps. Based on factors including cost, efficiency, and application fit, industries might select different solutions. Thus, the decrease the market growth over the period of time. When compared to other centrifugal pumps, peristaltic pumps might not be able to achieve extremely high flow rates.
Market Segmentation
The peristaltic pumps market share is classified into type of clothing, discharge capacity, and end-user.
The peristaltic tube pumps segment accounted for the highest share of the market during the forecast period.
Based on type, the peristaltic pumps are classified into peristaltic tube pumps and peristaltic hose pumps. Among these, the peristaltic tube pumps segment accounted for the highest share of the market during the forecast period. Pumps using peristaltic tubes are renowned for their ability to transport fluid precisely and accurately. Because of this feature, they can be used in settings where accuracy is essential, such as laboratories biotechnology and pharmaceuticals. Moreover, the tubing mechanism used by peristaltic tube pumps separates the fluid being pushed from the pump's internal parts. These pumps are perfect for sectors like pharmaceutical and food processing where product purity is crucial because of their design, which guarantees contamination-free fluid transfer. Above all, peristaltic tube pumps are capable of handling a wide range of fluids, including those that are corrosive, abrasive, or sensitive to shear. Their ability to handle a variety of fluids makes them appropriate for a wide range of applications in a variety of industries, including food and beverage as well as chemical.
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 classified 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. Up to 30 psi pressure capabilities for peristaltic pumps provide a flexible solution that meets the demands of different sectors. These pumps are appropriate for the chemical processing, biotechnology, water treatment, and pharmaceutical industries because of their wide variety of uses. Because of their gentle pumping motion, peristaltic pumps are well-suited for treating delicate fluids. Applications using shear-sensitive materials—common in sectors like biopharmaceuticals and food processing—often benefit from the pressure range of up to 30 psi. Furthermore, peristaltic pumps are made to easily integrate into current industrial processes, even with pressure capacities of up to 30 psi. Their seamless integration makes them the go-to option for sectors aiming to modernize or enhance their fluid transfer infrastructure.
The pharmaceutical segment is expected to hold the biggest share of the market throughout the forecast period.
Based on end-user, the peristaltic pumps are classified into chemical processing, food and beverage, mining, pulp and paper, and pharmaceutical. Among these, the pharmaceutical segment is expected to hold the biggest share of the market throughout the forecast period. Peristaltic pumps are essential for fluid transfer in bioreactors and fermenters used in the production of biopharmaceuticals. Peristaltic pumps provide precise control, which is essential for preserving ideal conditions for bioprocessing and cell culture. Peristaltic pumps are also made to fulfill the strict specifications, such as sterility and biocompatibility of the pharmaceutical and medical industries. In compliance with the stringent requirements of pharmaceutical production and medical applications, these pumps are critical for the uncontaminated handling of delicate biological materials. In addition, there is a greater need for peristaltic pumps due to the bioprocessing industry's move toward single-use systems. Because these pumps come with disposable tubing systems, which lower the possibility of cross-contamination and make cleaning and sterilization procedures easier, they are ideal for single-use applications.
Regional Segment Analysis of the Global Peristaltic Pumps Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America holds the highest share of the peristaltic pumps market throughout the forecast period.
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The strong industrial bases can be found in North America, especially in the US, in industries including chemical processing, biotechnology, water and wastewater treatment, and pharmaceuticals. These industries have a significant need for peristaltic pumps because of their accuracy, contamination-free pumping, and versatility. Furthermore, the biopharmaceutical and healthcare industries see the United States as a global leader. In these sectors, peristaltic pumps are essential for processes including medication synthesis, bioreactor fluid transfer, and medical device manufacturing. Peristaltic pump demand is driven by the modern healthcare infrastructure in the region. Stricter regulations are also in place in North America, particularly in the food processing and pharmaceutical sectors. Peristaltic pumps are a popular option in these markets because of their hygienic and contamination-free functioning, which complies with these regulations. North America has also been at the forefront of technological breakthroughs.
The Asia-Pacific is the fastest growing region over the projected timeframe.
Asia Pacific is anticipated to increase at a notable rate throughout the projection period. The region with the fastest growth in peristaltic pump sales is APAC. Rising output and additional end-user companies in the area are credited with the region's growth. Because it is the fastest-growing industrial segment, manufacturers of peristaltic pumps are concentrating on this market. The Asia-Pacific area is anticipated to experience a surge in demand for peristaltic pumps due to several ongoing projects pertaining to the chemical, food and beverage, pharmaceutical, and water and wastewater treatment sectors.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global peristaltic pumps market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- 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.
- Others
Key Market Developments
- In June 2024, For the first time ever, Watson-Marlow, a UK company, and Cole-Parmer have partnered to provide cutting-edge peristaltic pumps that are optimized for a variety of laboratory, pharmaceutical, and industrial settings.
- In July 2023, Changzhou PreFluid Technology Co Ltd, a Chinese maker of peristaltic pumps, has entered into an acquisition agreement with Duoning Biotechnology Co Ltd, through Shanghai Duoning Yuexi Biological Technology 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
Frequently Asked Questions (FAQ)
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1.What is the CAGR of the global peristaltic pumps market over the forecast period?The global peristaltic pumps market size is expected to grow from USD 1.7 Billion in 2023 to USD 2.9 Billion by 2033, at a CAGR of 5.49 % during the forecast period 2023-2033.
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2.Which region is expected to hold the highest share in the global peristaltic pumps market?North America is projected to hold the largest share of the global peristaltic pumps market over the forecast period.
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3.Who are the top key players in the peristaltic pumps market?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.
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