Peristaltic Pumps Market Global Forecast To 2021 Peristaltic Pumps Market Global Forecast 2021 | Page 3

The increasing usage of peristaltic pumps in the pharmaceuticals and water & wastewater treatment industries has
led to an increased demand for peristaltic pumps, globally. The Asia-Pacific is projected to be the largest market for
peristaltic pumps, followed by Europe. The peristaltic pumps market in China is expected to grow at the highest
CAGR from 2016 to 2021. Major producers of peristaltic pumps such as Watson-Marlow Fluid Technology Group
(U.K.), Verder Group (Netherland), ProMinent Dosiertechnik GmbH (Germany), Flowrox (Finland), and SEKO S.p.A.
(Italy) are located in Europe.
Slow industrialization in the North American and European regions and lack of Greenfield investments are factors
anticipated to restraint the growth of the peristaltic pumps market.
Companies operating in this market are investing in the development of new and advanced products to strengthen
their product portfolios and cater to the increasing demand for peristaltic pumps. For instance, Watson-Marlow Fluid
Technology Group launched 530 and 630 peristaltic cased pumps that are designed for upstream and downstream
bioprocessing tasks.
Companies such Watson-Marlow Fluid Technology Group (U.K.), Verder Group (Netherland), ProMinent
Dosiertechnik GmbH (Germany), Cole-Parmer Instrument Company, LLC (U.S.), Flowrox (Finland), Graco Inc. (U.S.),
Wanner Engineering, Inc. (U.S.), IDEX Corporation (U.S.), and SEKO S.p.A. (Italy) adopted strategies such as
expansions, mergers & acquisitions, and new product developments to expand their market share and widen their
distribution network.