Peristaltic Pumps Market

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

Report Code: CH 5204 Oct, 2020, by marketsandmarkets.com

[219 Pages Report] The Peristaltic pumps market is estimated to be USD 1.2 billion in 2020 and is projected to reach USD 1.8 billion by 2025, at a CAGR of 6.4%% between 2020 to 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. With government policies and environmental regulations emphasizing the need for wastewater treatment as well as the quality of products in pharmaceutical and food & beverage industries, the demand for peristaltic pumps in these industries has increased substantially.

Attractive Opportunities In The Peristaltic Pumps Market

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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.

Peristaltic tube  pumps are the largest type of Peristaltic pumps market

There are two types of peristaltic pumps; peristaltic tube pumps and peristaltic hose pumps. 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. The compatibility of a peristaltic pump with a certain type of fluid is dependent upon the design and type of tubing material used. Some of the tubing materials used are polyvinylchloride (PVC), silicone rubber, and fluoropolymer. Depending upon applications, tubing can be selected based on its chemical compatibility, pressure, temperature, size of tubing, gas permeability, life expectancy, transparency, and cost of tubing. The flow rate of pumps is determined by the size of tubing, and the increasing pharmaceutical & medical industry drives the peristaltic tube pumps.

Pharmaceutical & medial is the fastest-growing end-use industry of Peristaltic pumps market

The megatrends in the pharmaceutical & medical industry have given the companies now access to real-time data, which will empower them to make strategic decisions regarding product management, supply chain management, and to improve operational processes. The smart surgery field uses intelligent medical technology that provides surgeons with real-time information and helps improve decision-making in the operating room. Smart surgery includes robotics, smart surgical instruments, novel visualization systems, augmented reality to imaging, sensing, software, and live data. The increasing acceptance of smart surgery will enhance the success rate of surgeries and the number of procedures. The greater number of surgeries will increase the demand for various medical equipment in which peristaltic pumps are used.  

In the pharmaceutical & medical industry, peristaltic pumps are typically engaged in manufacturing biological & medicinal products, processing botanical drugs & herbs, isolating active medicinal principles, and manufacturing pharmaceutical products intended for internal and external consumption in various forms. 

Peristaltic pumps market dynamics

Driver: rising investment in the expansion of water & wastewater treatment plants worldwide 

Maintaining an adequate drinking water supply is a key challenge faced by many countries globally. With groundwater levels declining, the available reserves are contaminated by pollutants and industrial effluents. Peristaltic pumps are an essential part of water treatment systems for municipal, industrial, residential, commercial, and other process applications. The traditional method of wastewater treatment, such as filtration, is being replaced by systems that integrate peristalsis with flow meters and modern digital control & monitoring systems. These new systems enable accurate chemical dosages to maximize the output of conditioned water. Rising freshwater demands, shrinking sources, growing population, and industrial sector growth are a few factors that are aggravating water scarcity across the globe. The growing investments in this sector are anticipated to drive the peristaltic pumps market.

Restraints: frequent replacement of hoses and tubes  

Though peristaltic pumps offer low maintenance, hose and tubes are subjected to frequent replacement after handling corrosive or reactive fluids. The replacements are inexpensive, but frequent replacements result in the stoppage of the process and may lead to contamination of fluids. In addition, operating the pumps above its design pressure would result in the rupture of the tube or hose.

Opportunities: miniature peristaltic pumps

Miniature peristaltic pumps are small micropumps with weight as small as 100 grams, and the maximum discharge capacity is 14 psi. These pumps are used in microfluidic technologies, which are employed as a point of care diagnostic tools for improving diagnosis and patient outcomes for clinical settings. These microfluidic devices are designed to operate peripheral equipment for liquid handling that increases the cost and complexity of these systems and reduces their potential for use and widespread adoption in low resource healthcare applications. Miniature peristaltic pumps offer low-cost solutions to these microfluidic devices that can be manufactured with a combination of 3D printed parts and common hardware.

Challenges: price sensitivity of end-users

The cost of a peristaltic pump depends on its operating range and material of construction (MoC). As raw materials cost higher, the price of peristaltic pumps also rises. Much of the peristaltic pumps are custom-made, catering to the needs of the end-use industries. The implementation of the latest technologies for automation, such as Ethernet and BUS options, further adds to the price of the product. Modernization and making customers aware of the advantages of peristaltic pumps will enhance the peristaltic pumps market. However, due to the lack of product differentiation, price changes are sensitive in this market. Changes in the price of peristaltic pumps make the buyers shift to other manufacturers. 

PERISTALTIC PUMPS ECOSYSTEM DIAGRAM 

Peristaltic Pumps Market Ecosystem Diagram

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APAC is estimated to account for the largest market share during the forecast period.

The major markets in APAC, 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 global manufacturers of peristaltic pumps are targeting this region as it has the fastest-growing industrial sector with emerging markets, such as Indonesia and Malaysia.

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. 

Peristaltic Pumps Market By Region

Key Market Players

The key companies profiled in the Peristaltic pumps market research report 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). 

Scope of the report:

Report Metric

Details

Years Considered

2018–2025

Base year

2019

Forecast period

2020–2025

Unit considered 

Value (USD), Volume (Hundred Units)

Segments

Type, Discharge Capacity, End-Use Industry, and Region

Regions

APAC, North America, Europe, South America, and Middle East & Africa

Companies

Watson-Marlow Fluid Technology Group (WMFTG) (U.S.), Verder Group (Netherlands), Cole-Parmer Instrument Company LLC (U.S.), ProMinent Group (Germany), Graco Inc. (U.S.), Flowrox (Finland), IDEX Corporation (U.S.), Randolph Austin (U.S.), Heidolph Instruments (Germany), and Wanner Engineering (U.S.). Some of the other leading companies in this market are Gilson Inc. (U.S.), PSG (U.S.), Albin Pumps (U.S.), SEKO S.P.A (Italy), Tapflo (Sweden), Aalborg Instruments & Controls, Inc. (U.S.), INTEGRA (Switzerland), Etatron D.S. (Italy), Ragazzini (Italy), and Welco Co. Ltd. (Japan).

This research report categorizes the global peristaltic pumps market on the basis of type, discharge capacity, end-use industry, and region.

 On the basis of type:

  • Peristaltic tube pumps
  • Peristaltic hose pumps 

On the basis of discharge capacity:

  • Up to 30 psi
  • 30-50 psi
  • 50-100 psi
  • 100-200 psi
  • Above 200 psi 

On the basis of end-use industry:

  • Pharmaceutical & medical
  • Water & wastewater treatment
  • Food & beverage
  • Chemical processing
  • Mining
  • Pulp & paper
  • Others (print & packaging, paints & coatings, oil & gas, ceramics, and defense) 

On the basis of region:

  • North America
  • South America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)

Recent Developments

  • In July 2020, Watson-Marlow Fluid Technology Group (WMFTG) established a new production facility of 16,200 m2 at Aflex, Yorkshire, through the investment of USD 25.3 million 
  • In July 2020, Cole-Parmer Instrument Company LLC launched New MASTERFLEX ISMATEC REGLO, a digital peristaltic pump ideal for the laboratory. It is equipped with flow driven technology that supports precision dispensing. The new Reglo pumps have a wider overall flow range with the option of dosing between 0.00009- and 368-mL/min. 
  • In April 2020, ProMinent Group launched the metering and drainage station, DULCODOS SAFE-IBC, for the safe handling of chemicals. It is the special metering and drainage station for Intermediate Bulk Containers (IBC) with almost complete residual drainage. 
  • In March 2020, Verder Group launched the Rapide 5000 peristaltic pump, which combines single or three phase-powered industrial gear motors. The pump is ideal as a standalone single- or double-head pump or integrated into a system, such as a printing press. 

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Peristaltic Pumps Market, By Type
           1.3.2 Peristaltic Pumps Market, By Discharge Capacity
           1.3.3 Peristaltic Pumps Market, By End-Use Industry 
    1.4 Currency
    1.5 Package size
    1.6 Limitations
    1.7 Stake holders
           1.71.8 Summary of Changes (Old version vs New)

2 Research Methodology  
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data from Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data from Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.22.2.2 Top-Down Approach
    2.3 Assumptions
    2.4 Summary of Changes

3 Executive Summary

4 Premium Insights

5 Market Overview  
    5.1 Introduction  
    5.2 Market Dynamics 
           5.2.1 Drivers
           5.2.2 Restraints
           5.2.3 Opportunities
           5.2.4 Challenges
    5.3 Porter’s Five Forces Analysis
    5.4 Macroeconomic Overview
    5.5 COVID-19 Impact Analysis
    5.6 Value Chain Analysis
    5.7 Patent Analysis
    5.8 Technological Technology Analysis
    5.9 Average Selling Price Analysis
    5.10 Region Wise Regulatory MandatesLandscape
    5.11 Ecosystem/Market Map
    5.12 YC, YCC Shift – Shifting Revenue Streams
    5.13 Forecast Factors Impacting Growth
           5.135.14 Macroeconomic Overview
    5.14 Case Study
    5.15

6 Peristaltic Pumps Market, By Type – Forecast till 2025 (Thousand Units and USD Million)
    6.1 Introduction
    6.2 Peristaltic Hose Pumps
           6.2.1 Ethylene Propylene Diene Monomer Rubber (EPDM)
           6.2.2 Natural Rubber (NR)
           6.2.3 Nitrile Buna Rubber (NBR)
           6.2.4 Chlorosulfonated Polyethylene (CSPE)
    6.3 Peristaltic Tube Pumps 
           6.3.1 Polyvinyl Chloride
           6.3.2 Silicone Rubber
           6.3.3 Fluoropolymer

7 Peristaltic Pumps Market, By Discharge Capacity – Forecast till 2025 (Thousand Units and USD Million)
    7.1 Introduction
    7.2 Up to 30 psi
    7.3 30-50 psi
    7.4 50-100 psi
    7.5 100-200 psi
    7.6 Above 200 psi

8 Peristaltic Pumps Market, By End-Use Industry– Forecast till 2025 (Thousand Units and USD Million)
    8.1 Introduction
    8.2 Pharmaceuticals
    8.3 Water & Wastewater treatment
    8.4 Food & Beverage
    8.5 Chemical Processing
    8.6 Mining
    8.7 Pulp & Paper
    8.8 Others

9 Peristaltic Pumps Market, By Region – Forecast till 2025 (Thousand Units and USD Million)
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
           9.2.3 Mexico

    9.3 Europe
           9.3.1 Germany
           9.3.2 Russia
           9.3.3 UK
           9.3.4 France
           9.3.5 Italy
           9.3.6 Rest of Europe

    9.4 Asia-Pacific
           9.4.1 China
           9.4.2 India
           9.4.3 Japan
           9.4.4 Australia
           9.4.5 Indonesia
           9.4.6 Thailand
           9.4.7 Malaysia
           9.4.8 Rest of Asia-Pacific

    9.5 Middle East & Africa
           9.5.1 Saudi Arabia
           9.5.2 UAE
           9.5.3 Rest of Middle East & Africa

    9.6 South America
           9.6.1 Brazil
           9.6.2 Argentina
           9.6.3 Rest of South America
           9.6.3

10 Competitive Landscape
     10.1 Introduction
     10.2 Company Evaluation Matrix Definition And Technology
            10.2.1 Market Share & Industry Tier Structure Analysis
            10.2.2 Product Footprint
            10.2.3 Star
            10.2.4 Emerging Leader
            10.2.5 Pervasive
     10.3 Company Evaluation Matrix 2019
     10.4 Competitive Scenario
            10.4.1 Expansions
            10.4.2 Acquisitions
            10.4.3 New Product launches
            10.4.4 Market Strategy Analysis
            10.4.5 Revenue Analysis of Top Players

11 Company Profiles
(Business Overview, Financials, Impact of Covid-19 on Business Segment, Products & Services, MNM View, Key strength/Right to win, Strategic choices made, weaknesses and competitive threats)*
     11.1 Introduction
            11.1.1 Watson Marlow
            11.1.2 Cole-Parmer Instrument Company LLC
            11.1.3 Verder Group
            11.1.4 ProMinent Dosiertechnik GmbH
            11.1.5 Flowrox
            11.1.6 Graco Inc.
            11.1.7 Wanner Engineering
            11.1.8 Randolph Austin
            11.1.9 IDEX Corporation
            11.1.10 Gilson Inc.
     11.2 Startup/SME Evaluation Matrix, 2019
     11.3 Startup/New Entrant Profiles
            11.3.1 Heidolph Instruments
            11.3.2 Welco Co. Ltd.
            11.3.3 Ravel Hiteks
            11.3.4 Rhodek Pumps & Equipments
            11.3.5 SEKO S.P.A
            11.3.6 Tapflo
            11.3.7 Aalborg Instruments & Controls, Inc.
            11.3.8 INTEGRA
            11.3.9 Etatron D.S
            11.3.10 Ragazzini

The study involved four major activities for estimating the current size of the global peristaltic pumps market. Exhaustive secondary research was carried out to collect information on the market, the peer product market, and the parent product group market. The next step was to validate these findings, assumptions and sizes with the industry experts across the value chain of peristaltic pumps through primary research. Both the top-down and bottom-up approaches were employed to estimate the overall size of the peristaltic pumps market. After that, market breakdown and data triangulation procedures were used to determine the size of different segments and sub-segments of the market. 

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet, edana.org, associations were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, regulatory bodies, trade directories, and databases. 

Primary Research

The peristaltic pumps market comprises several stakeholders, such as raw material suppliers, technology developers, peristaltic pump companies, and regulatory organizations in the supply chain. The demand side of this market is characterized by the development of pharmaceutical & medical applications. The supply side is characterized by advancements in technology and diverse application industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.

Following is the breakdown of primary respondents-

Peristaltic Pumps Market Size

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Note: The tiers of the companies are defined on the basis of their total revenue, as of 2019: Tier 1 = >USD 5 billion, Tier 2 = USD 1 billion to USD 5 billion, and Tier 3 =

*Others include sales managers, marketing managers, and product managers.

**Others include South America and the Middle East & Africa 

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the size of the global peristaltic pumps market and to estimate the sizes of various other dependent submarkets. The research methodology used to estimate the market size includes the following:

  • The key players in the industry were identified through extensive secondary research.
  • The supply chain of the industry and market size, in terms of value, were determined through primary and secondary research.
  • All percentage shares split, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research includes the study of reports, reviews, and newsletters of key industry players along with extensive interviews with key officials, such as directors and marketing executives.

Bottom-up approach 

Peristaltic Pumps Market Bottom-Up Approach

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Top-Down Approach 

Peristaltic Pumps Market Top Down Approach

 

The overall market size has been used in the top-down approach to estimate the sizes of other individual markets mentioned in the segmentation through percentage splits derived using secondary and primary sources.

For calculating each type of specific market segment, the size of the most appropriate immediate parent market has been considered for implementing the top-down approach. The bottom-up approach has also been implemented for data extracted from secondary research to validate the market sizes, in terms of value and volume, obtained for each segment.

The exact values of the overall parent and individual markets have been determined and confirmed through the data triangulation procedure and validation of data through primary interviews. The data triangulation procedure implemented for this study is explained in the next section. 

Data Triangulation

After arriving at the total market size through the estimation process explained above, the overall market was split into several segments and sub-segments. The data triangulation and market breakdown procedures were employed, wherever applicable, to complete the overall market size estimation process and arrive at the exact statistics for all segments and sub-segments. The data was triangulated by studying various factors and trends from both the demand and supply sides. In addition, the market size was validated by using both the top-down and bottom-up approaches. Then, it was verified through primary interviews. Hence, for every data segment, there are three sources—top-down approach, bottom-up approach, and expert interviews. The data were assumed to be correct when the values arrived at from the three sources matched. 

Report Objectives

  • To define, describe, and forecast the global peristaltic pumps market on the basis of type, technology application, and region
  • To forecast the market size, in terms of value and volume, of the five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America
  • To provide detailed information regarding the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
  • To analyze the opportunities in the market for stakeholders and details of a competitive landscape for market leaders
  • To strategically profile the key players and comprehensively analyze their key developments such as new product launches, capacity expansions, and mergers & acquisitions in the peristaltic pumps market

Available Customizations:

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Country Information:

  • Peristaltic pumps market analysis for additional countries

Company Information:

  • Detailed analysis and profiling of additional market players (up to 5)

Pricing Analysis:

  • Detailed pricing analysis for each type of peristaltic pumps products
COVID-19

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Report Code
CH 5204
Published ON
Oct, 2020
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