Customized (OEM) Peristaltic Pump Market Size, Share, Growth, and Industry Analysis, By Type (Single Channel, Multi Channel), By Application (Medical Industry, Pharmaceutical and Biological, Food and Beverage, Chemical Industry, Printing Industry, Others), Regional Insights, and Forecast To 2032

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CUSTOMIZED (OEM) PERISTALTIC PUMP MARKET REPORT OVERVIEW

global customized (OEM) peristaltic pump market size was USD 0.30 billion in 2023 and market is projected to touch USD 0.43 billion by 2032 at CAGR 3.80% during the forecast period.

A custom (OEM) peristaltic pump is a type of pump that uses rotating rollers or shoes to press and compress a flexible tube, creating suction and moving fluids through the tube. OEM stands for Original Equipment Manufacturer, which means these pumps are designed and manufactured specifically for a specific customer or application.

The future outlook for the custom peristaltic pump market is positive due to several factors. First, there is a growing demand for these pumps in various industries, such as pharmaceuticals, biotechnology and water treatment, where accurate and reliable fluid handling is essential. The ability to customize pump design and functions to meet specific application requirements is a key advantage of OEM peristaltic pumps. The customized OEM Peristaltic Pump market has grown rapidly and significantly in recent years and is projected to show continued significant growth during the period 2023-2031. The upward trend and expected growth in market dynamics indicate strong growth during the forecast period. In summary, it can be said that a significant development is expected in the market.

COVID-19 IMPACT

"Market Growth Restrained by Pandemic due to Supply Chain Disruptions"

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

Due to the COVID-19 pandemic, supply chains have been disrupted and demand has fallen in some end-use industries. However, the increase in global pharmaceutical manufacturing during the COVID-19 and post-scenario has helped boost the demand for peristaltic pumps. Awareness and strict government regulations on water and wastewater treatment have also helped boost this market. During the COVID-19 pandemic, the demand for medical and nutritional products has increased, supporting the peristaltic pump market. In addition, rapid recovery of several end-use industries such as chemical industry, pulp and paper industry, etc., will support market growth during the forecast period.

LATEST TRENDS

"Growing Demand For Peristaltic Pumps With Advanced Features And Capabilities Will Drive Market Growth"

The global custom (OEM) peristaltic pump market has several emerging trends that will shape the future of the industry. One such trend is the growing demand for peristaltic pumps with advanced features and capabilities, including remote monitoring and control systems. Another trend is the growing focus on developing sustainable and environmentally friendly peristaltic pump solutions to address environmental issues. Additionally, market players are exploring opportunities in the healthcare sector using peristaltic pumps in various medical applications such as drug delivery and dialysis. In addition, the integration of digital technologies such as IoT and artificial intelligence is poised to revolutionize the industry by improving the efficiency, accuracy and automation of peristaltic pumps.

CUSTOMIZED (OEM) PERISTALTIC PUMP MARKET SEGMENTATION

By Type

Based on type the global market can be categorized into Single Channel, Multi Channel.

• A single-channel peristaltic pump is capable of pumping liquids through only one tube, providing a simple and compact solution for certain applications.

• On the other hand, a multi-channel peristaltic pump can pump liquids through several tubes simultaneously, providing versatility and flexibility for different tasks. These different market types meet the different needs and preferences of OEM customers and provide them with opportunities to choose the pump design that best suits their needs.

By Application

Based on application the global market can be categorized into Medical Industry, Pharmaceutical and Biological, Food and Beverage, Chemical Industry, Printing Industry, Others.

• In the pharmaceutical industry, it is used for precise flow control in drug delivery systems and medical devices.

• In the fields of medicine and biology, it enables precise dosing and delivery of liquids.

• In the food and beverage industry, it is used for measured transfer of ingredients.

• In the chemical industry, it is used to dose and transfer corrosive chemicals.

• In the printing industry, it facilitates accurate ink delivery. Finally, it finds applications in other industries that require precise and controlled liquid dosage.

DRIVING FACTORS

"Increasing Expansion Of Pharmaceutical Manufacturing, Stringent Regulations For Sewage Treatment Propel The Market Growth"

Growing expansion of pharmaceutical manufacturing, stringent regulations for sewage treatment are driving the market. During the spread of Covid 19 and even in this post-pandemic era, pharmaceutical production has increased significantly worldwide. Peristaltic pumps are used in important pharmaceutical operations such as tablet coating, vial filling, etc. This growth in the pharmaceutical industry is driving the customized (OEM) peristaltic pump market growth. the increasing emphasis on automation and process control in industry increases the demand for advanced pumping systems. Custom peristaltic pumps can be integrated with advanced control systems and monitoring tools, ensuring efficient and accurate fluid transfer processes. In addition, the proliferation of peristaltic pumps in medical and diagnostic applications such as drug delivery systems and diagnostic devices is contributing to the market growth. These pumps provide precise and controlled delivery, making them ideal for such applications.

"Rapid Industrialization And Growth In Manufacturing Boost The Market Growth "

During the forecast period, rapid industrialization and growth in the manufacturing industry will support the customized (OEM) peristaltic pump market growth. The market is expanding due to increasing demand from end industries and industrialization and urbanization in emerging economies. The need for peristaltic pumps will increase in the coming years due to the increasing demand for environmentally friendly sewage treatment methods. According to the United Nations Industrial Development Organization (UNIDO), global production in grew by 9.4% in 2021. According to American investment banking firm Goldman Sachs, India's manufacturing sector grew by 210% in the financial year. 2021-2022 compared to fiscal year 2020-21 and a significant increase in new investment and order activity. Therefore, industry growth is driving the customized (OEM) peristaltic pump market.

RESTRAINING FACTORS

"Availability Of Multiple Options May Hinder Market Growth"

There are many pumps available for industrial applications such as gear pumps, vane pumps and all of them can be used in the same applications as peristaltic pumps. Some even offer higher flow rates and are less expensive than peristaltic pumps. Peristaltic pumps are also difficult to use by many end users, which is limiting the market growth. The biggest challenge in the custom peristaltic pump market is the high cost of production and the development of custom solutions. The complexity of designing and manufacturing custom pumps drives up costs, making it difficult for smaller players to compete. Additionally, lack of skilled professionals who are familiar with the technology and its applications may further hinder the growth of the market.

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CUSTOMIZED (OEM) PERISTALTIC PUMP MARKET REGIONAL INSIGHTS

"Asia Pacific Region Dominating the Market due to Presence of a Large Consumer Base"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

The market is dominated by the Asia Pacific region. Strong economic growth is behind the market position, which has increased the demand for water supply. Countries like China, India, Taiwan and South Korea are leading markets for the chemical industry. The largest market for peristaltic pumps is expected to be in the APAC region during the forecast period. The customized (OEM) peristaltic pump market share has seen significant growth in several emerging economies in the region such as India, China, and Japan due to the growing demand for peristaltic pumps in various industries including pharmaceuticals and drugs, water and wastewater treatment, food and beverage, etc. The growth of the pharmaceutical industry in India and China is a major reason for the increase in demand for peristaltic pumps.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

The customized (OEM) peristaltic pump market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.

List of Top Customized (OEM) Peristaltic Pump Companies

• Watson-Marlow (U.K.)
• VERDER (Netherlands)
• Cole-Parmer (U.S.)
• Baoding Longer (China)
• Baoding Shenchen (China)
• Chongqing Jieheng (China)
• Thomas (U.S.)
• ProMinent (Germany)
• Baoding Lead Fluid (China)
• IDEX Health&Science (U.S.)
• Changzhou PreFluid (China)
• Wuxi Tianli (China)
• Baoding Chuang Rui (China)
• Stenner Pump Company (U.S.)
• Randolph (U.K.)

INDUSTRIAL DEVELOPMENT

January 2021: Idex Corporation has agreed to acquire Abel Pumps, L.P. and certain of its subsidiaries for $103.5 million from Hillenbrand, Inc. With the transaction, Abel Pump joins Idex's liquid and measurement technology segments.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.