Peristaltic Pumps Market:
Growth opportunities in the Peristaltic Pumps Market look promising over the next six years. This is mainly due to the better patient outcomes and their application in circuit board manufacturing, dispensing fuels, lubricants, and waste & wastewater industry.
Peristaltic Pumps Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
Fluidic technologies are known for their point of care diagnostic tools for better patient outcomes; hence these pumps are adopted by the healthcare sectors for functional diagnosis in various healthcare fields for numerous applications. According to the OECD (Organisation for Economic Co-operation and Development), the number of surgical procedures increases concerning time. For instance, in Australia, 261,726 surgeries were recorded in 2016; simultaneously, for the fiscal year 2017, the number of surgeries amounted to 269,522. According to WHO, the global number of surgeries is expected to increase by 29%, ultimately boosting the market growth. There has been an increase in the investment for the expansion of the water treatment plants, as the available plants in the industries are already polluted by the high concentration of pollutants present in the groundwater. This has surged the requirements for new plants across various industries, which will increase the demand for peristaltic pumps. Digital technology is the trend adopted by consumers as it helps in maintaining accuracy and getting rid of uncertainties in the process. With the increased number of COVID-19 cases across the regions, the demand for the peristaltic pump has grown as it is increasingly used in the pharmaceuticals sector.
At the same time, it is cost-effective and costs around US$ 120, which is quite affordable for the consumers and helps them to perform operations with enhanced efficiency. Moreover, low power consumption with a 13% more flow rate is another characteristic of the pump that is mostly required in the pharmaceutical and medical industry. The recent technological advancements in the design of the pump have helped in reaching the requirement for solids to 80% and make-up water to 20%. This improved efficiency will increase the production rate, which will propel the demand for the pumps.
However, inconsistent flow in the pump is one of the major problems faced by consumers across the globe because irregular flow disrupts the distribution of any fluid, and any replacement in the pump may lead to adulteration in the fluid. All these factors are likely to hamper the growth of the market over the forecast period.
Peristaltic Pumps Market’s leading Manufacturers:
- SEKO S.p.A
- Gilson Incorporated
- Heidolph Instruments GmbH & CO. KG
- Idex
- Graco Inc.
- Cole-Parmer Instrument Company LLC
- Watson-Marlow Fluid Technology Group (WMFTG)
- Albin Pumps
- Wanner Engineering, Inc.
- Randolph Austin Company
- Graco Inc
- ProMinent
- com
Peristaltic Pumps Market Segmentation:
Segmentation by Type
- Hose Pumps
- Tube Pumps
Segmentation by Discharge Capacity
- Up to 30 psi
- 30-50 psi
- 50-100 psi
- 100-200 psi
- Above 200 psi
Segmentation by End Use Industry
- Pharmaceutical & Medical
- Water and Wastewater Treatment
- Food & Beverage
- Chemical Processing
- Mining
- Pulp & Paper
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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