The overall industry for peristaltic pumps is predicted to grow from USD 315.92 million in 2020 to USD 465.2 million by 2025, with a CAGR of 6.5% from 2020 to 2025. A peristaltic pump is a type of pump. Positive displacement with tube or pipe is the only part that is in contact with the fluid. There are two types of peristaltic pumps available on the industry, such as peristaltic tube pumps and peristaltic tube pumps. Peristaltic pumps are commonly known as roller pumps, which are used to pump various types of fluids. These fluids pass through flexible tubes that are fixed inside a circular pump body. In the pharmaceutical industry, peristaltic pumps are generally engaged in the manufacture of biological and medicinal products, the processing of medicines and botanical herbs, the isolation of active medicinal principles and the manufacture of pharmaceutical products for internal and external consumption in various forms. It includes the manufacture of drugs, but the manufacture of medical equipment is not included in this segment. The pharmaceutical industry needs very precise and precise peristaltic pumps. Peristaltic pumps are mainly used by the pharmaceutical industry, especially the formulation industries, to coat granules and tablets, as peristaltic pumps provide contamination-free transport and are predicted to drive the industry for peristaltic pumps.
Market drivers and restraints:
The worldwide peristaltic pump industry is predicted to experience significant expansion in the coming years, due to growing awareness of savings in maintenance costs and operational efficiency. The increasing call for peristaltic pumps in the pharmaceutical industry around the world is predicted to drive the expansion of this industry worldwide. Peristaltic pumps are widely used in the processing of medicines and botanical herbs, in the manufacture of pharmaceutical and biological products, and in the isolation of active medicinal ingredients. Furthermore, the increasing use of water and wastewater treatment is also another driving factor in the peristaltic pump industry. However, frequent tube and hose replacement will likely slow the expansion of this industry for years to come. Alternatively, product innovation to improve the capacity of these pumps is predicted to offer new expansion opportunities for the peristaltic pump industry in the coming years. The requirement for cost-effective pumping solutions is one of the major drivers in the worldwide peristaltic pump industry. Peristaltic pumps are used to pump various fluids. There are better positive displacement pumps that are used primarily to transfer liquids. Metering pumps are positive displacement pumps widely used in companies to inject expensive additives. Innovations, such as the incorporation of digital technology in metering pumps, allow the pumps to observe conditions such as liquid pressure and flow and simultaneously process the output with serial motor readings.
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Report segmented as:
By end user industry:
water and wastewater treatment
food and beverages
pulp and paper
By region, Asia-Pacific contributed the largest share of the worldwide peristaltic pump industry in 2020 and is also predicted to continue to dominate the industry in the future. The growing call for peristaltic pumps in various end-user industries, such as pharmaceuticals, water and wastewater treatment, and chemical treatment, is believed to be driving the expansion of the regional industry. Europe and North America are predicted to see significant expansion during the foreseen period, due to the boom in the pharmaceutical and food and beverage industries in these regions. The Asia-Pacific region is predicted to lead the industry during the foreseen period due to the increasing use of peristaltic pumps in different chemical and wastewater treatment companies.
Important market players:
The leading players in the market are Idex Corporation (US), Injection Technical Control Inc. (Spain), Lewa GmbH (Germany), Mcfarland-Tritan LLC (US), Milton Roy Company (US), Neptune Chemical Pump Company (US), Prominent Dosiertechnik (Germany), Seepax GmbH (Germany), Seko S.P.A. (Italy), SPX Flow Technology Norderstedt GmbH (Germany), Swelore Engineering Pvt. Ltd. (India), and Watson- Marlow Pumps Group (UK).
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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