rocky raiGlobal Peristaltic Pumps Industry: Key Statistics and Insights in 2024-2032
Summary:
- The global peristaltic pumps market size reached USD 1.8 Billion in 2023.
- The market is expected to reach USD 3.0 Billion by 2032, exhibiting a growth rate (CAGR) of 5.76% during 2024-2032.
- Asia Pacific leads the market, accounting for the largest peristaltic pumps market share.
- Peristaltic tube pumps account for the majority of the market share in the type segment due to their flexibility, ease of maintenance, and compatibility with a range of fluids.
- Discharge capacity up to 30 PSI holds the largest share in the peristaltic pumps industry.
- Pharmaceutical and medical remains a dominant segment in the market owing to their reliability in processes, such as drug formulation and administration.
- The rising demand for precise fluid handling in the pharmaceutical and medical industries is a primary driver of the peristaltic pumps market.
- The trend of automation in various sectors and the emphasis on sustainability are reshaping the peristaltic pumps market.
Industry Trends and Drivers:
- Rising demand in the pharmaceutical and medical industries:
The growing focus on precision and reliability in fluid handling, particularly in the pharmaceutical and medical sectors, represents one of the key factors supporting market growth. These industries are increasingly using precision pumping solutions for applications such as drug manufacturing, intravenous delivery, and laboratory procedures. As healthcare standards are evolving, companies are prioritizing equipment that ensures accuracy and maintains sterility, making peristaltic pumps an ideal choice due to their ability to handle viscous fluids without contamination. In addition, the growing use of biopharmaceuticals is catalyzing the demand for efficient and flexible pumping solutions tailored to specific requirements. Manufacturers are innovating to meet these needs, leading to advanced peristaltic pump designs that meet the stringent regulations of the pharmaceutical industry.
- Increasing automation in various industries:
The ongoing trend of automation across several industries is positively influencing the market. Sectors such as food and beverage (F&B), chemical processing, and water treatment are adopting automated systems to improve efficiency and reduce operational costs. Peristaltic pumps are suitable for these automated applications, as they have a simple design and compatibility with various control systems. In addition, companies are looking for solutions to increase production efficiency while minimizing human error, resulting in the adoption of automated pumping systems. Moreover, technological advancements are enabling the development of smart systems offering real-time monitoring and control capabilities, thereby contributing to market growth.
- Rising focus on sustainability:
The shift toward sustainability and environmentally friendly practices, as industries are becoming increasingly aware of their environmental footprints, is driving the demand for equipment that promotes efficient resource use. Peristaltic pumps are aiding in these sustainability efforts by reducing the risk of contamination and product loss during the pumping process, ensuring that materials are handled with minimal waste. In addition, manufacturers are exploring energy-efficient designs and environmentally friendly materials for their pumps, attracting businesses that prioritize sustainable practices. This commitment to reducing carbon footprints is driving industries to invest in peristaltic pumps as part of their broader environmental strategies, providing a favorable market outlook.
Request PDF Sample for more detailed market insights: https://www.imarcgroup.com/peristaltic-pumps-market/requestsample
Peristaltic Pumps Market Report Segmentation:
Breakup By Type:
- Peristaltic Tube Pumps
- Peristaltic Hose Pumps
Peristaltic tube pumps represent the largest segment in the market due to their widespread use in various applications.
Breakup By Discharge Capacity:
- Up to 30 psi
- 30-50 psi
- 50-100 psi
- 100-200 psi
- Above 200 psi
Up to 30 PSI accounts for the majority of the market share because they effectively meet the requirements of most low to medium-pressure applications across diverse industries.
Breakup By End Use Industry:
- Pharmaceutical and Medical
- Water and Wastewater Treatment
- Food and Beverage
- Chemical Processing
- Mining
- Pulp and Paper
- Others
Pharmaceutical and medical exhibit a clear dominance in the market owing to the stringent requirements for precise fluid handling and sterility.
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific enjoys the leading position in the peristaltic pumps market, which can be attributed to the rapid industrialization, increasing demand for automation in manufacturing processes, and thriving pharmaceutical and healthcare sectors.
Top Peristaltic Pumps Market Leaders:
The peristaltic pumps market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
- Bombas Boyser, S.L.
- NETZSCH Group
- Gilson Incorporated
- Graco Inc.
- Heidolph Instruments GmbH & Co. KG
- Jieheng Peristaltic Pumps Co., Ltd.
- ProMinent GmbH
- Randolph Austin Company
- Ravel Hiteks Pvt. Ltd.
- Spirax-Sarco Engineering plc
- Valmet Oyj
- Verder Group
- Wanner Engineering Inc.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
