Dublin, Aug. 02, 2024 (GLOBE NEWSWIRE) -- The "Peristaltic Pumps - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Peristaltic Pumps is estimated at US$1.3 Billion in 2023 and is projected to reach US$1.7 Billion by 2030, growing at a CAGR of 3.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
The growth in the peristaltic pumps market is driven by several factors. One significant driver is the increasing demand for precise and contamination-free fluid handling solutions in the pharmaceutical and biotechnology industries, which are expanding rapidly due to advancements in medical research and production. Another factor is the rising need for efficient wastewater treatment and environmental monitoring, driven by stringent environmental regulations and the global emphasis on sustainability.
Technological advancements that enhance the performance, durability, and automation capabilities of peristaltic pumps are also propelling market growth, as they enable more efficient and versatile applications. Additionally, the growing food and beverage industry, which requires hygienic and reliable fluid handling solutions, contributes to the increasing adoption of peristaltic pumps.
These factors, combined with the pumps' ability to handle a wide range of fluids and applications, ensure robust market growth in the coming years.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Peristaltic Pumps Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Peristaltic Pumps Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Hose Pumps segment, which is expected to reach US$721.5 Million by 2030 with a CAGR of a 2.9%. The Tube Pumps segment is also set to grow at 4.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $350.9 Million in 2023, and China, forecasted to grow at an impressive 6.5% CAGR to reach $350.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cole-Parmer Instrument Company LLC, Flowrox Oy, Gilson, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 229 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $1.3 Billion |
| Forecasted Market Value (USD) by 2030 | $1.7 Billion |
| Compound Annual Growth Rate | 3.7% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Peristaltic Pumps - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Global Economic Update
MARKET TRENDS & DRIVERS
- Advances in Pump Technology Propel Growth in Peristaltic Pumps Market
- Increasing Adoption of Peristaltic Pumps in Pharmaceutical and Biotech Industries Strengthens Business Case
- Rising Demand for Precision and Accuracy in Fluid Handling Drives Market Growth
- Expansion of Food and Beverage Industry Generates Market Opportunities for Peristaltic Pumps
- Growing Focus on Sterile and Hygienic Pumping Solutions Sustains Market Growth
- Increasing Use of Peristaltic Pumps in Water and Wastewater Treatment Spurs Market Adoption
- Development of Smart Peristaltic Pumps with Real-Time Monitoring Expands Addressable Market
- Regulatory Standards and Compliance Requirements Propel Market Growth
- Integration of Peristaltic Pumps in Laboratory and Research Applications Enhances Market Potential
- Strategic Partnerships and Collaborations Between Pump Manufacturers and End-Users Strengthen Market Growth
- Increasing Focus on Energy Efficiency and Sustainability Drives Adoption of Peristaltic Pumps
- Expansion of Peristaltic Pump Applications in Emerging Markets Propels Market Growth
FOCUS ON SELECT PLAYERS (Total 11 Featured)
- Cole-Parmer Instrument Company LLC
- Flowrox Oy
- Gilson, Inc.
- Graco, Inc.
- IDEX Corporation
- Prominent Systems Inc.
- Randolph Austin Company
- Verder Group
- Wanner Engineering, Inc.
- Watson-Marlow Fluid Technology Group (Wmftg)
For more information about this report visit https://www.researchandmarkets.com/r/bvkj2k
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