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Peristaltic Pumps Market Size (2024 - 2029)

The peristaltic pumps market is experiencing growth driven by demand in the pharmaceutical and medical sectors, particularly during the COVID-19 vaccine production. The pumps' design minimizes contamination risks, making them suitable for critical applications like viral transport medium preparation. Despite a decline in traction post-pandemic, the market is expected to maintain stable growth, supported by increased investments in water treatment and drug development. The pharmaceutical industry's reliance on peristaltic pumps for reducing cleaning needs and preventing contamination further fuels market expansion. Strategic initiatives by key players, including product launches and acquisitions, are anticipated to enhance market dynamics, although the need for frequent hose and tube replacements may pose challenges.

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Market Size of Peristaltic Pumps Industry

Peristaltic Pumps Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 0.75 Billion
Market Size (2029) USD 1.06 Billion
CAGR (2024 - 2029) 7.10 %
Fastest Growing Market North America
Largest Market Asia-Pacific
Market Concentration Medium

Major Players

Peristaltic Pumps Market Major Players

*Disclaimer: Major Players sorted in no particular order

Peristaltic Pumps Market Analysis

The Peristaltic Pumps Market size is estimated at USD 0.75 billion in 2024, and is expected to reach USD 1.06 billion by 2029, growing at a CAGR of 7.10% during the forecast period (2024-2029).

Peristaltic or roller pumps are positive displacement pumps mainly used for pumping fluids. Hygiene is the topmost priority for the pharmaceutical and medical industries. If the fluids used in these industries get contaminated, it can cause health hazards and reduce the shelf life of the products. Thus, these industries use peristaltic pumps to pump fluid in a hygienic, sterile environment. There are two types of peristaltic pumps: hose pumps and tube pumps. The rising demand for peristaltic pumps from pharmaceutical and biotechnological companies is projected to drive the market over the forecast period.

Increasing investments in drug development and discovery are anticipated to drive the market over the forecast period. For instance, the National Institute of Health (NIH) invested USD 45.0 billion in 2022 in its research activities to reduce illness and disability in the United States. Hence, such investments drive drug development, which is expected to fuel market growth over the forecast period.

Furthermore, increasing government initiatives in research and development activities accelerate preclinical studies, increasing the demand for peristaltic pumps as they help maintain the sterility of fluids. In September 2023, the Union Minister of Chemicals and Fertilizers and Minister of Health & Family Welfare, Government of India, launched the National Policy on Research and Development and Innovation in the Pharma-MedTech Sector in India and scheme for the promotion of Research and Innovation in Pharma MedTech Sector (PRIP). Such initiatives are projected to drive research and development activities, influencing market growth.

Various strategies adopted by key market players may drive market growth over the forecast period, such as product launches, mergers, and acquisitions. For instance, in August 2023, Verder Liquids, a prominent manufacturer of pump solutions, expanded and upgraded its Verderflex aura peristaltic pump range. The new additions included the iDura 45, iDura 55, iDura 55HF, iDura 65, and the iDura 80. Moreover, in July 2023, Duoning Biotechnology Co. Ltd, through Shanghai Duoning Yuexi Biological Technology Co. Ltd, signed an agreement to acquire Chinese peristaltic pump manufacturer Changzhou PreFluid Technology Co. Ltd. The acquisition aimed to constantly provide Duoning Biotechnology Co. Ltd. with reliable and efficient fluid transport solutions for customers and expand its market presence. Such strategic initiatives by key players are projected to boost market growth in the near future.

Therefore, increasing investments in drug development and discovery, increasing government initiatives in research and development activities, and various strategies adopted by key market players are projected to boost the market’s growth over the forecast period. However, frequent replacement of hoses and tubes may restrain market growth over the forecast period.

Peristaltic Pumps Industry Segmentation

A peristaltic pump, also known as a roller pump, is a positive displacement pump that can be used to pump a wide range of fluids. A flexible tube is fitted inside a circular pump casing to contain the fluid. Although there are linear peristaltic pumps, most peristaltic pumps work through rotary motion. Peristaltic pumps have a wide range of applications in pharmaceutical and medical purposes due to their unique fluid-handling capabilities and versatile applications.

The peristaltic pumps market is segmented by type (peristaltic tube pumps and peristaltic hose pumps), discharge capacity (up to 30 psi, 30-50 psi, 50-100 psi, 100-200 psi, and above 200 psi), end user (pharmaceutical and biotechnological companies, and hospitals and other facilities), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also offers the market sizes and forecasts for 17 countries globally. For each segment, the market sizing and forecasts were made on the basis of value (USD).

Type
Peristaltic Tube Pumps
Peristaltic Hose Pumps
Discharge Capacity
Up to 30 psi
30-50 psi
50-100 psi
100-200 psi
Above 200 psi
End User
Pharmaceutical and Biotechnological Companies
Hospitals and Other Facilities
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
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Peristaltic Pumps Market Size Summary

The peristaltic pumps market is poised for steady growth, driven by its critical applications in the pharmaceutical and biopharmaceutical sectors. The demand surged during the COVID-19 pandemic, particularly for vaccine production, due to the pump's ability to handle sterile processes efficiently. The market's expansion is further supported by increasing investments in drug development and water treatment facilities globally. Peristaltic pumps are valued for their contamination-free operation and versatility in pharmaceutical applications, which include the production of biological drugs and vaccines. Key industry players are actively engaging in strategic initiatives such as mergers, acquisitions, and product launches to enhance their market presence and drive innovation.

North America is expected to maintain a significant share of the peristaltic pump market, bolstered by substantial R&D investments from pharmaceutical and biopharmaceutical companies. The region's robust academic and research infrastructure supports the adoption of peristaltic pumps in various applications, including drug discovery and disinfection. The market is moderately fragmented, with major players focusing on product innovations and regional expansions to capture a larger market share. Despite challenges such as the need for frequent replacement of hoses and tubes, the overall market outlook remains positive, with ongoing advancements and strategic initiatives expected to sustain growth over the forecast period.

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Peristaltic Pumps Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Government Initiatives Towards Research and Development Activities

      2. 1.2.2 Increasing Investments in the Drug Development and Discovery

    3. 1.3 Market Restraints

      1. 1.3.1 Frequent Replacement of Hoses and Tubes

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size by Value - USD million)

    1. 2.1 Type

      1. 2.1.1 Peristaltic Tube Pumps

      2. 2.1.2 Peristaltic Hose Pumps

    2. 2.2 Discharge Capacity

      1. 2.2.1 Up to 30 psi

      2. 2.2.2 30-50 psi

      3. 2.2.3 50-100 psi

      4. 2.2.4 100-200 psi

      5. 2.2.5 Above 200 psi

    3. 2.3 End User

      1. 2.3.1 Pharmaceutical and Biotechnological Companies

      2. 2.3.2 Hospitals and Other Facilities

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Rest of Asia-Pacific

      4. 2.4.4 Middle East and Africa

        1. 2.4.4.1 GCC

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Rest of Middle East and Africa

      5. 2.4.5 South America

        1. 2.4.5.1 Brazil

        2. 2.4.5.2 Argentina

        3. 2.4.5.3 Rest of South America

Peristaltic Pumps Market Size FAQs

The Peristaltic Pumps Market size is expected to reach USD 0.75 billion in 2024 and grow at a CAGR of 7.10% to reach USD 1.06 billion by 2029.

In 2024, the Peristaltic Pumps Market size is expected to reach USD 0.75 billion.

Peristaltic Pumps Market Report Snapshots

Peristaltic Pumps Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)