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Peristaltic Pumps Global Market Sees Growth Rate Of 9% Through 2022

26 Apr, 2022

The global peristaltic pumps market size is expected to grow from $1.36 billion in 2021 to $1.49 billion in 2022 at a compound annual growth rate (CAGR) of 9.3%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The peristaltic pump market is expected to reach $2.06 billion in 2026 at a CAGR of 8.4%.

What is the Global Peristaltic Pumps Market?

The peristaltic pumps market consists of sales of peristaltic pumps by entities (organizations, sole traders and partnerships) that manufacture peristaltic pumps. A peristaltic pump, also known as a roller pump, is a positive displacement pump that moves the fluid at a constant speed regardless of pressure at inlet end and can be used to pump a wide range of fluids. The fluid is stored within a flexible hose or tube fitted inside the pump casing.

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What drives the Global Peristaltic Pumps Market?

The increasing need for wastewater treatment is expected to fuel the growth of the peristaltic pumps market in the forecast period. Wastewater treatment is the method of removing pollutants from wastewater or sewage and converting it to an effluent that can be added to the water supply with minimal environmental effects. Peristaltic pumps are the preferred pump for dosing sodium hypochlorite due to its highly accurate metered flow, which is used in wastewater treatment to destroy bacteria. Therefore, the increasing need for wastewater treatment propels the growth of the peristaltic pumps market.

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Global Peristaltic Pumps Market Segments
The global peristaltic pumps market is segmented:
By Type: Peristaltic Tube Pumps, Peristaltic Hose Pumps
By Product Type: Fixed Speed Pumps, Variable Speed Pumps
By Discharge Capacity: Upto 30 psi, 30-50 psi, 50-100 psi, 100-200 psi, Above 200 psi
By End-User: Pharmaceutical and Medical, Water and Wastewater Treatment, Food and Beverage, Chemical Processing, Mining, Pulp and Paper, Others
By Geography: The regions covered in the peristaltic pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Peristaltic Pumps Global Market Report 2022provides market size and growth forecasts for the global peristaltic pumps market, global peristaltic pumps market share, peristaltic pumps market segments and geographies, peristaltic pumps market competitive landscape including leading competitors’ revenues, profiles and market shares. The peristaltic pumps market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Peristaltic Pumps Industry Players include Watson-Marlow Fluid Technology Group, Verder Group, Cole-Parmer Instrument Company LLC, ProMinent Group, Graco Inc., Randolph Austin, IDEX Corporation, Wanner Engineering, Heidolph Instruments, and Gilson Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.