The global peristaltic pump market is expected to witness significant demand over the forecast period. Global peristaltic pump demand is expected to witness a high growth on account of its applications in medical science, especially in medical infusion pumps. A peristaltic pump is designed for pumping a variety of fluids. It is a positive displacement pump containing rotors with rollers fixed to the external circumference of the rotor. Peristaltic pumps are widely used for a variety of industrial applications. They are well suited for viscous fluids and abrasives.
Medical application is a major factor driving the overall industry growth. This device is used in dialysis machine in the treatment of kidney failure. The aging population has been witnessing increasing incidences of various kinds of diseases fuelling the demand for sophisticated devices. Countries including Japan, Germany, China, India and the U.S. are major countries with the high aging population. As per the Centres for Disease control and Prevention, in 2011, around nine million procedures of dialysis was conducted across hospitals in the U.S. This device usage in the treatment of patients suffering from renal failure is expected to drive the market over the forecast period.
Increasing government initiatives to increase the mortality rate is expected to propel the industry growth in near future. Growing awareness associated with kidney disorder treatments is further anticipated to fuel the demand for these machines. Further, this device is used in the open heart bypass pump machines and medical infusion pumps. Peristaltic Pump applications in the food and beverage industry further drive the market. They are used in liquid food fountains for beverage dispensing. Their application in food service washing machine fluid pump is expected to provide great opportunities for the market growth in the near future.
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Other industries where this equipment is widely used include paints, pulp & paper plants, lubricants and pharmaceuticals. Waste water treatment is a recent application which is in growing demand. These pumps are used for purification of water and sewage treatment. Aquariums use these pumps in the chemical treatment process for water purification. Market segmentation is done on the basis end-use industries, which include healthcare, agriculture, food & beverages, pharmaceuticals and waste water treatment.
Health care segment dominates the market on account of its use in dialysis procedures. The food and beverage market are expected to witness a significant growth over the forecast period owing to rise in beverage dispensing applications. Waste water treatment applications are anticipated to provide bright opportunities, especially in urban areas. Medical tourism is has resulted in propelling the growth of these devices in countries such as Jordan, Malaysia, Israel, Singapore and Turkey. These countries known to offer health care facilities at significantly lower costs are known to attract patients from across the world. This has increased the purchase of these devices to accommodate the growing number of kidney failure patients.
North America has been the leading market in recent years in terms of demand and is expected to continue its dominance owing to developed health care sector and increasing government initiatives for sophisticated medical devices. Further, regional demand is followed by Asia Pacific mainly on account of increasing usage in chemical production. Emerging economies including India and China is expected to provide bright opportunities on account of paint and laundry chemical production. Europe is expected to show a steady growth over the forecast period owing to government initiatives. Central and South America is anticipated to witness a substantial growth mainly due to medical tourism in countries including Mexico, Brazil, Cuba and Ecuador. Africa is expected to witness a slow growth owing to developing healthcare sector.Major companies manufacturing peristaltic pumps include Watson-marlow, Cole-Parmer, Verder, Thomas, Prominent, Idex health care, Welco and Gilson.
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