Peristaltic Pumps Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 3.3 Billion by 2030, growing at a CAGR of 6.2% from 2024 to 2030.
Looking ahead, the market for peristaltic pumps is expected to experience further evolution and growth from 2023 to 2033. Several factors will drive this demand, including the continued expansion of the pharmaceutical industry, the rise of biotechnology applications, and a growing focus on sustainable energy solutions. The increasing adoption of automation and digitalization in various sectors will also contribute to the market's growth. Furthermore, the need for reliable and precise fluid control in research labs, medical settings, and industrial processes will fuel demand for peristaltic pumps, ensuring long-term market potential.
The market’s expansion in emerging regions, particularly in Asia Pacific, will further elevate global demand. Countries in this region are witnessing rapid industrialization and infrastructure development, driving the need for more sophisticated pumping technologies. Innovations such as smart peristaltic pumps with IoT capabilities and enhanced flow control systems will become increasingly prevalent, enabling users to monitor and manage operations with greater precision. As sustainability trends push for reduced energy consumption and lower operational costs, manufacturers are likely to develop more efficient and environmentally friendly models of peristaltic pumps.
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The global peristaltic pumps market has experienced notable growth from 2018 to 2022, driven by the expanding demand across a variety of industries such as pharmaceuticals, food & beverage, water treatment, and chemical processing. Peristaltic pumps are recognized for their ability to handle fluids with high viscosity, solids, and corrosive materials, which has further increased their applicability in various sectors. The market reached a significant value during this period, with a compound annual growth rate (CAGR) showing steady progress. The growing industrialization, increasing demand for automated processes, and the need for precise fluid handling solutions were key drivers for market growth.
During 2018 to 2022, key market players focused on product innovation and expanding their global footprints through strategic partnerships and acquisitions. The healthcare sector, in particular, benefited from advanced peristaltic pump technologies, which were used in medical devices for accurate drug delivery and diagnostics. Similarly, industries such as water treatment saw substantial growth, as the need for clean and safe water escalated globally. The demand for peristaltic pumps also surged as manufacturers and industries began to prioritize energy efficiency and cost-effective solutions.
Watson-Marlow
Cole-Parmer
VERDER
ProMinent
THOMAS
Randolph
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Peristaltic Pumps Market
Application I
Application II
Application III
Based on Types the Market is categorized into Below types that held the largest Peristaltic Pumps market share In 2023.
Variable Speed (Metering) Type
Flow Control Type
Dispensing (Dosing) Type
Transfer Type
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Peristaltic Pumps Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Peristaltic Pumps Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Peristaltic Pumps Market, By Type
6. Global Peristaltic Pumps Market, By Application
7. Global Peristaltic Pumps Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Peristaltic Pumps Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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