The GMI Research expects the peristaltic pumps market to expand at a significant rate. From a regional perspective, the Asia Pacific is expected to dominate the market as APAC is becoming a hub of medicals & pharmaceuticals that utilizes peristaltic pumps in numerous cell culture and disinfection methods.
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Peristaltic Pumps Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
Fluidic technologies are famous for their point of care diagnostic tools for enhanced patient outcomes; hence these pumps are rapidly adopted by the healthcare sectors for functional diagnosis in numerous healthcare fields for various applications. As per the OECD (Organisation for Economic Co-operation and Development), the number of surgical procedures increases with time. For example, in Australia, 261,726 surgeries were amounted by the end of 2016, and in 2017, the number of surgeries recorded to 269,522. As per WHO, there should be a rise in the number of surgeries by 29 percent, which will further propel the growth of the peristaltic pumps market. The rising investment for the growth of the water treatment plants as present plants in the industries is polluted by the increasing concentration of pollutants existing in the groundwater. The growing need for new plants across several industries will further boost the market demand for peristaltic pumps. Digital technology is the emerging trend adopted by consumers as it aids in maintaining accuracy and getting rid of uncertainties in the process. The emergence of the COVID-19 pandemic has positively impacted the demand for the peristaltic pump due to the increasing use of the peristaltic pump in the pharmaceutical industry.
The peristaltic pump is cost-effective and costs about US$ 120, which is affordable for the consumers and aids them to perform operations with improved productivity. Additionally, less power consumption with a 13 percent more flow rate is another feature of the pump which is generally needed in the medical and pharmaceutical sectors. The rapid technological advancements in designing the pump have aided in fulfilling the need for solids for 80 percent and make-up water to 20%. This enhanced productivity will surge the production rate, which will contribute to the demand for the pumps.
On the other hand, inconsistent flow in the pump is the main concern faced by the consumers worldwide due to irregular flow leads to disturbance in the distribution of any fluid, and any replacement in the pump may result in the adulteration in the fluid will hinder the market growth in the upcoming years.
Peristaltic Pumps Market’s leading Manufacturers:
Watson-Marlow Fluid Technology Group
com
Cole-Parmer Instrument Company LLC
ProMinent
Graco Inc.
Flowrox
iDEX
Randolph Austin Company
Heidolph Instruments GmbH & Co. KG
Wanner Engineering, Inc.
Albin Pumps
Peristaltic Pumps Market Segmentation:
Segmentation by Type:
Hose Pumps
Tube Pumps
Segmentation by Discharge Capacity:
Up to 30 psi
30-50 psi
50-100 psi
100-200 psi
Above 200 psi
Segmentation by End-Use Industry:
Pharmaceutical & Medical
Water and Wastewater Treatment
Food & Beverage
Chemical Processing
Mining
Pulp & Paper
Others
Segmentation by Region:
North America
United States of America
Canada
Asia Pacific
China
Japan
India
Rest of APAC
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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