Butterfly Needles Market, By Needle Length ((5mm - 8mm, 9mm - 12mm, 13mm - 16mm, 17mm - 20mm and Others (above 20mm, pediatric lengths, etc.))), By Gauge Size ((21G - 23G, 24G - 26G, 27G - 30G, 31G - 33G and Others (18G - 20G, 34G - 36G etc.)), By End User (Hospitals, Blood Banks, Diagnostic Centers, Home Healthcare and Others (Physician Offices, Clinics)), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)
The global market for butterfly needles is experiencing significant growth due to the increasing prevalence of chronic diseases and the rising demand for minimally invasive procedures. Butterfly needles which are also known as winged infusion sets, are medical devices used for venipuncture and intravenous (IV) therapy. They are designed with a small, flexible butterfly-shaped wing attached to a hollow needle, thus allowing for easy insertion and secure placement in the patient's vein.
The market is driven by several factors, including the growing geriatric population, which is more prone to chronic diseases thus requiring regular blood tests and IV therapy. The rising number of surgical procedures and the increasing demand for home healthcare services are contributing to the market growth of the butterfly needles market. Butterfly needles offer advantages such as reduced pain, improved patient comfort, and ease of use, thus making them a preferred choice for healthcare professionals.
Market Dynamics:
The butterfly needles market is expected to witness significant growth during the forecast period. The market is driven by factors such as the increasing prevalence of chronic diseases, the rising demand for minimally invasive procedures, and the growing geriatric population. The market is driven by the rising number of surgical procedures and the increasing demand for home healthcare services.
Market players are indulged in expansion of their manufacturing facility in order to increase production of vascular products and this is expected to increase the growth of the global butterfly needles market, over the forecast period. For instance, in 2021, Nipro Medical Corporation, a renal, medical, surgical, and interventional radiology products manufacturer, announced the expansion of its vascular division in the U.S. The division includes several cutting-edge technologies, innovative vascular and cardiovascular products to provide clinicians with procedural and imaging solutions for the enhancement of patient care.However, there are certain factors that may restrain market growth of the butterfly needle market. These include the high cost of butterfly needles, the risk of needlestick injuries, and the availability of alternative devices such as safety needles and catheters. Furthermore, the market faces challenges in terms of stringent regulatory requirements and the lack of awareness about butterfly needles in developing regions.
Despite these challenges, the market presents several opportunities for growth. The increasing adoption of advanced technologies in healthcare, the development of innovative butterfly needle designs, and the expansion of healthcare infrastructure in emerging economies are expected to create lucrative opportunities for market players. Moreover, the growing focus on patient safety and the increasing demand for point-of-care testing are driving the demand for butterfly needles.
Key Features of the Study:
- This report provides in-depth analysis of the butterfly needles market, including market size (US$ Bn ) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), with 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- Key companies covered as a part of this study include Alshifa Medical Syringes, Asahi Kasei Medical, Beijing PuYi Medical Technology Co, Bionic Medizintechnik, Biosigma SPA, Changzhou Zener Medtec, Demophorius Healthcare, Dialife SA, Epimed, F.B. Medical, Farmasol, HeBei ChaoRan Medical Instruments, HWTAi, Jiangsu Eyoung Medical Devices, Kawasumi, KB Medical Group, Lepu Medical Technology, Micsafe Medical, Nanchang Kindly Meditech, Nemoto, Nipro, NxStage Medical, Oscar Boscarol, PakuMed Medical Products, and Sunrise Medical Technology.
- Insights from this report would allow marketers and management authorities of the companies to make informed decisions regarding their future product launches, type upgrades, market expansion, and marketing tactics.
- The butterfly needles market report caters to various stakeholders in this industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the butterfly needles market.
- By Needle Length:
- 5mm - 8mm
- 9mm - 12mm
- 13mm - 16mm
- 17mm - 20mm
- Others (above 20mm, pediatric lengths, etc.)
- By Gauge Size:
- 21G - 23G
- 24G - 26G
- 27G - 30G
- 31G - 33G
- Others (18G - 20G, 34G - 36G etc.)
- By End User:
- Hospitals
- Blood Banks
- Diagnostic Centers
- Home Healthcare
- Others (Physician offices, Clinics)
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Top Companies in Butterfly Needles Market
- Alshifa Medical Syringes
- Asahi Kasei Medical
- Beijing PuYi Medical Technology Co
- Bionic Medizintechnik
- Biosigma SPA
- Changzhou Zener Medtec
- Demophorius Healthcare
- Dialife SA
- Epimed
- F.B. Medical
- Farmasol
- HeBei ChaoRan Medical Instruments
- HWTAi
- Jiangsu Eyoung Medical Devices
- Kawasumi
- KB Medical Group
- Lepu Medical Technology
- Micsafe Medical
- Nanchang Kindly Meditech
- Nemoto
- Nipro
- NxStage Medical
- Oscar Boscarol
- PakuMed Medical Products
- Sunrise Medical Technology
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Needle Length
- Market Snippet, By Gauge Size
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Increasing prevalence of chronic diseases
- Rising demand for minimally invasive procedures
- Restraints
- Risk of needlestick injuries
- Opportunities
- Rising adoption of safety needle devices Key Highlights
- Regulatory Scenario
- Recent Trends
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Mergers, Acquisitions, and Collaborations
- 4. Global Butterfly Needles Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Butterfly Needles Market, By Needle Length, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 – 2030
- Segment Trends
- 5mm - 8mm
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 9mm - 12mm
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 13mm - 16mm
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 17mm - 20mm
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Others (above 20mm, pediatric lengths, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 6. Global Butterfly Needles Market, By Gauge Size, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018– 2030
- Segment Trends
- 21G - 23G
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 24G - 26G
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 27G - 30G
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 31G - 33G
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Others (18G - 20G, 34G - 36G etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 7. Global Butterfly Needles Market, By End User, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018– 2030
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Blood Banks
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Diagnostic Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Home Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Others (Physician Offices, Clinics)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- 8. Global Butterfly Needles Market, By Region, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Sub-region, 2018–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Needle Length, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Gauge Size, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Needle Length, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Gauge Size, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Needle Length, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Gauge Size, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Needle Length, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Gauge Size, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030,(US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Needle Length, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Gauge Size, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-regions, 2018-2030,(US$ Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Needle Length, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Gauge Size, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-regions, 2018-2030,(US$ Bn)
- South Africa
- North Africa
- Central Africa
- 9. Competitive Landscape
- Company Profiles
- Alshifa Medical Syringes
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Asahi Kasei Medical
- Beijing PuYi Medical Technology Co
- Bionic Medizintechnik
- Biosigma SPA
- Changzhou Zener Medtec
- Demophorius Healthcare
- Dialife SA
- Epimed
- B. Medical
- Farmasol
- HeBei ChaoRan Medical Instruments
- HWTAi
- Jiangsu Eyoung Medical Devices
- Kawasumi
- KB Medical Group
- Lepu Medical Technology
- Micsafe Medical
- Nanchang Kindly Meditech
- Nemoto
- Nipro
- NxStage Medical
- Oscar Boscarol
- PakuMed Medical Products
- Sunrise Medical Technology
- Analysts’ Views
- 10. Section
- References
- Research Methodology
- About us
- *Browse 35 market data tables and 37 figures on “Global Butterfly Needles Market” - Global forecast to 2030
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