The report “Peristaltic Pumps Market by Type (Tube pumps or Hose pumps), Discharge capacity (Up to 30 psi, 30-50 psi, 50-100 psi, 100-200 psi and above 200 psi), End Use Application, & Region (North America, Europe, APAC, South America, MEA) – Forecast to 2027″ Peristaltic pumps Market size is estimated to be USD 2.1 billion in 2022 and is projected to reach USD 3.0 billion in 2027, at a CAGR of 6.8%. The main forces behind the growth of the peristaltic pump market are the expansions in the pharmaceutical production globally, increasing investments for water and wastewater facilities and stringent regulations on wastewater treatment. Raw material price fluctuations and the availability of low-cost alternatives are market restraints. Increasing demand for digital pumping solutions is a major opportunity in the peristaltic pump market. The biggest difficulties that challenges are product differentiation, customization demands and price sensitivity.
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• 468 Market data Tables
• 42 Figures
• 331 Pages and in-depth TOC on “Peristaltic Pumps Market – Global Forecast to 2027″
Some of the prominent key players are:
- Watson-Marlow fluid technology group (UK)
- Verder Group (Netherlands)
- Prominent Group (Germany)
- Cole-Parmer Instrument Company LLC (US)
- Flowrox (Finland)
Opportunities: Increasing demand for digital pumping solutions
The needs of end users for mechanical systems with digital pumping solutions (DPS) are increasing. The digital pumping solutions include built-in process controllers, diagnostic tools, and variable speed drives. These recognize abnormal pumping conditions and then respond appropriately to prevent damage to the pump or the system. Digitalization in peristaltic pumps is expanding to achieve high performance, which includes operating at a full-length stroke as well as adjusting stroke speed for better accuracy.
By type, Peristaltic tube pumps accounted for the largest share
The market for peristaltic pumps is small but expanding. Peristaltic pumps are a class of positive displacement pumps mainly used to pump different types of liquids. The liquid is controlled in an elastic tube or hose, which is fixed inside a circular pump. The key difference between the tube pumps and the hose pumps is that peristaltic hose pumps may run under higher pressure than peristaltic tube pumps because the former is reinforced, whereas the latter is not. The pumps can be further categorized by different materials used for tube pumps and hose pumps. The tube pumps serve a wider sector of end use industries and hence have a larger market share.
APAC is projected to account for the largest share of peristaltic pumps in 2021
The largest market for Peristaltic pumps is anticipated to be in APAC over the projected period. India, China, Japan, and Indonesia are the main contributors in the same. The growth is led by rapid increasing demand for peristaltic pumps from various industries, including pharmaceutical & medical, water & wastewater treatment, food & beverage etc. The growth in Pharmaceutical sector in India and China is a major reason for the increase in demand of the peristaltic pumps.
