Disc pumps have obvious advantages in dealing with difficult-to-pump media. Energy efficiency and sustainable energy management are important topics with regard to reducing costs and promoting carbon neutrality. Though the concept of the disc pump was proposed in the 1850s, development was slow and limited by its initial model. However, with the development of industries such as petrochemicals and food, the efficient pumping of difficult-to-pump media is much needed, but facing challenges. Therefore, research on energy-efficient disc pumps is particularly important moving forward. In this paper, the available information from the open literature about the research and development of the disc pump will be thoroughly reviewed. It focuses on the historical development, energy efficiency and physical model application of the disc pump. The review ends with a proposal for the direction of future development, and in this aspect, it is proposed that the energy efficiency prediction model based on velocity slip theory, the energy management system based on multi-scenarios and the design method based on energy conversion theory are important. The latest achievements in energy conversion are given. This review also provides a new perspective for the development of energy-efficient disc pumps.