Global Peristaltic Pumps Market Size to Reach USD 2,563.79 Million by 2032 | Emergen Research

Vancouver, Nov. 06, 2023 (GLOBE NEWSWIRE) -- The global peristaltic pumps market is projected to be valued at USD 2,563.79 Million by 2032, according to a current analysis by Emergen Research. Peristaltic pumps are witnessing high demand, owing to increasing investments in drug development and discovery. Medical and pharmaceutical firms are exhibiting a growing inclination toward development of biopharmaceutical products. As several large-molecule drugs are administered through injection, deployment of fill-finish operations and aseptic liquid processing becomes a necessity. Peristaltic pumps contain a biopharmaceutical fluid inside a pharmaceutical-grade tubing, the only part of the peristaltic pump that comes in contact with drug molecules. Thus, peristaltic pumps can be used as a single-use aseptic filling. The benefit of single-use fluid paths is that they remove cross-contamination hazards between batches.

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The design, fluid-handling range, operation method, and need for low maintenance of peristaltic pumps make them the most appropriate for deployment in extreme operating environments such as oil and gas exploration. Oil and gas exploration operations are usually carried out in some of the most rugged and harsh conditions. In each operation, several fluid-handling functions are required to be accomplished flawlessly and reliably for complete optimization of the oil and gas production operation.

Scope of Research

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MAJOR COMPANIES and Market Share Analysis

The leading players in the peristaltic pumps market are equipped with enhanced production facilities and are involved in various R&D activities. A few leading players operating in the peristaltic pumps market are:

• Verder Group
• Wanner Engineering Inc.
• Gilson Inc.
• Watson-Marlow Fluid Technology Group
• Flowrox Oy
• Cole-Parmer Instrument Company LLC
• Randolph Austin
• WELCO Co. Ltd.
• IDEX Corporation
• Ravel Hiteks Pvt. Ltd.

In September 2020, Ingersoll Rand Inc. made an announcement about the purchase of Albin Pump SAS (Albin), a player based in Montelimar, France. The acquisition is intended to expand the fluid management technology offerings of Ingersoll Rand Inc.

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Key Highlights of Report

• In September 2020, Ingersoll Rand Inc. made an announcement about the purchase of Albin Pump SAS (Albin), a company based in Montelimar, France. The acquisition is intended to expand the fluid management technology offerings of Ingersoll Rand Inc.
• The peristaltic tube pumps segment dominated the market in 2019. Tube pumps are considered beneficial in low-pressure applications. They generally possess dry casings and deploy rollers that squeeze the tubing to transfer the fluids.
• The pulp & paper segment is likely to expand at a significant rate from 2020 to 2027. Peristaltic pumps provide several advantages that make them highly preferable for dye dosing and starch recirculation in the paper production process.
• Since peristaltic metering pumps do not possess any check valve, they are an ideal solution for pumping dirty fluids containing particulate matter, without getting clogged
• The Asia Pacific region held the largest share of the global market in 2019. The market in the region is estimated to register the highest CAGR during the 2020–2027 period. The peristaltic pumps market in the Asia Pacific region is led by China. Dominance of Asia Pacific is primarily due to growth of the manufacturing sector in the region. Moreover, rise in mining activities, increasing oil and gas exploration activities, and increasing investments in medical and pharmaceutical sectors boost the market in the Asia Pacific region.

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Emergen Research has segmented the global peristaltic pumps market in terms of product type, discharge capacity, industry vertical, and region:

• Product Type Outlook (Revenue, USD Million; 2019–2032)
  • Peristaltic Hose Pumps
  • Peristaltic Tube Pumps

• Discharge Capacity Outlook (Revenue, USD Million; 2019–2032)
  • Up to 30 psi
  • 30–50 psi
  • 50–100 psi
  • 100–200 psi
  • Above 200 psi

• Industry Vertical Outlook (Revenue, USD Million; 2019–2032)
  • Medical
  • Food & Beverage
  • Mining
  • Chemical Processing
  • Water & Wastewater Treatment
  • Oil & Gas
  • Pulp & Paper
  • Paints & Coatings
  • Others

• Regional Outlook (Revenue, USD Million; 2019–2032)
  • North America
    1. U.S.
    2. Canada
    3. Mexico
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. BENELUX
    5. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. Rest of MEA

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