A peristaltic pump works by pressure and displacement. It operates by allowing fluids into a hose. The fluid then flows into the pump casing through the hose. Once there, a rotor with a number of rollers compresses the tube forcing the liquid on through the pump and directing it to its final destination. This technique is known as peristalsis. Thus, the tool is called a peristaltic pump.
As international economic situation is complicated, in the next few years there will be many uncertainties although. Due to the government’ policy and the high sales of peristaltic pump in the international market, the current demand for peristaltic pump product is relatively high in the mature market.
Peristaltic pumps sales have grown 244937 units to 920790 units by the end of 2015. Global sales revenue is forecasted to grow to 810.78 million USD with both the new and retrofit markets combined.
Watson-Marlow is the leader of peristaltic pump and occupied 14.98% in 2015. Other company of this industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. And the top five sales (Cole-Parmer, VERDER, ProMinent, THOMAS, Randolph) account for 30.14% of the revenue market.
According to this study, over the next five years the Peristaltic Pump market will register a 4.3% CAGR in terms of revenue, the global market size will reach US$ 880 million by 2024, from US$ 680 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Peristaltic Pump business.
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This study considers the Peristaltic Pump value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019
Segmentation by application: breakdown data from 2014 to 2019
This report also splits the market by region:
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Key Strategies of leading players
Research objectives
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