MarketsandMarkets

Peristaltic Pumps Market Worth $1.8 Billion by 2025 : Rising Investment in the Expansion of Water & Wastewater Treatment Plants Worldwide Driving Growth

The leading players in the Peristaltic Pumps Market are Watson-Marlow Fluid Technology Group (WMFTG) (US), Verder Group (Netherlands), Cole-Parmer Instrument Company LLC (US), ProMinent Group (Germany), Graco Inc. (US), Flowrox (Finland), IDEX Corporation (US), Randolph Austin (US), Heidolph Instruments (Germany), and Wanner Engineering (US).

 

Northbrook, IL -- (SBWIRE) -- 08/17/2021 -- The report "Peristaltic Pumps Market by Type (Peristaltic Tube Pumps, Peristaltic Hose Pumps), Discharge Capacity (Up To 30 Psi, 30-50 Psi, 50-100 Psi, 100-200 Psi And Above 200 Psi) End-Use Industry, And Region - Global Forecast To 2025", The global peristaltic pumps market is estimated to grow from USD 1.2 billion in 2019 to reach USD 1.8 billion by 2025, at a CAGR of 6.4% between 2020 and 2025. The drivers of the market are identified as rising demand in emerging markets, including India and China, and high demand from pharmaceutical, water & wastewater treatment, and food & beverage industries.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=194304410

Peristaltic tube pumps estimated to be the largest type of peristaltic pump type.
Peristaltic tube pumps account for the largest peristaltic pumps market in 2019, in terms of value. Peristaltic tube pumps are also called low-pressure pumps, which typically have dry casings and non-reinforced casings and use rollers to provide compressive force. These types of pumps operate up to the working pressure of 4 bars. In peristaltic tube pumps, the tube is the only material that is in contact with the fluid; hence it provides certain advantages over other pumps. The tube can be changed to avoid contamination, and the chemical compatibility of the pump can be tailored in accordance with the application by changing the tubing material. Peristaltic tube pumps are suitable for contamination-free pumping, shear-sensitive fluids, viscous sludge or slurries, and aggressive acids and caustics.

Pharmaceutical & medical: the fastest-growing end-use industry for Peristaltic Pumps
In the pharmaceutical & medical industry, peristaltic pumps are used in applications such as endoscopy, in medicine for medical infusion pumps, dialysis machines, and open-heart bypass pump machines, used during testing and research for applications, such as carbon monoxide monitors, auto analyzers, analytical chemistry experiments, and media dispensers and used in liquid ventilators and vaccine filling machines.

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=194304410

APAC is the production hub for pharmaceutical products and medical equipment. This has been a key factor for the market growth in the region during COVID-19, as APAC supplied essential medical supplies to the global market. The region supplied a large number of ventilators to meet the demand in Europe and North America. The COVID-19 vaccine is also expected to be produced in India, which will create a demand for vial filling machines in which peristaltic pumps are used. The major markets in the region, such as China, India, Japan, and South Korea, have a high demand for peristaltic pumps. APAC is projected to be the fastest-growing market for peristaltic pumps due to the growing manufacturing and other end-use industries in the region.

The leading players in the market are Watson-Marlow Fluid Technology Group (WMFTG) (US), Verder Group (Netherlands), Cole-Parmer Instrument Company LLC (US), ProMinent Group (Germany), Graco Inc. (US), Flowrox (Finland), IDEX Corporation (US), Randolph Austin (US), Heidolph Instruments (Germany), and Wanner Engineering (US).

COVID-19 impact on the global Peristaltic pumps market

The overall impact of COVID-19 on the peristaltic pumps market is positive and is expected to grow by 7.4% in 2020. The surge in demand for peristaltic pumps during the pandemic is driven by the pharmaceutical & medical end-use industry. With the spread of COVID-19 across countries and with more than 33 million confirmed cases, the healthcare infrastructure of most of the developed countries came down, crumbling with shortages of beds, medicines, medical personnel, equipment, and apparel. The APAC countries such as China, India, and other southeast Asian countries increased the production of essential medical supplies such as ventilators o meet shortages. This surge the demand for peristaltic pumps in 2020 along with the increasing demand for vial filling machines, which is to be used during the COVID-19 vaccine production.

Get 10% Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=194304410

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com