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Butterfly Needle Sets Market Key Insights
Butterfly Needle Sets Market Analysis by Regions
Butterfly Needle Sets Market Analysis by Segments
Butterfly Needle Sets Market Size (current and future)
Butterfly Needle Sets Market Competitive Benchmarking
3 years ago
Global Butterfly Needle Sets Market Size study, by Application (Blood transfusion, Venipuncture, IV rehydration and Delivery of medications), by End-User (Hospitals, Blood banks and Others) and Regional Forecasts 2020-2027.
Global Butterfly Needle Sets Market is valued approximately at USD 166.6 million in 2019 and is anticipated to grow with a healthy growth rate of more than 8.2 % over the forecast period 2020-2027. A butterfly needle draws blood from an access vein or deliver intravenous (IV) therapy through a vein.
It comprises of front to rear to a hypodermic needle with two bilateral...
Butterfly Needle Sets Market
Butterfly needles, also known as winged infusion sets, are a common type of needle used for blood collection during venipuncture.
There are metal butterfly needle sets and plastic butterfly needle sets on the market. Butterfly needle sets made of metal are primarily used for medical applications, whereas butterfly needle sets made of plastic are extensively used in numerous industrial sectors.
Market segments include, among others, eye care, dermatology, neurology, gastroenterology, gynecology, and obstetrics and gynecology.
The global market for butterfly needle sets is expected to grow from ** million US dollars in 2018 to ** million US dollars in 2031 at a compound annual growth rate (CAGR) of **%.
Due to rising demand from various healthcare applications, the Butterfly Needle Sets market in the Asia-Pacific region has been expanding at a healthy rate. China and Japan control the market in the region because they have a lot of people and spend a lot on health care.
Apollo Gynecology (US), Banyu Medical International (China), Belwedding (India), Brovax Biotech AG (Switzerland), CIMA Group (Italy), Endo International plc (UK), Fujifilm Holdings Corporation (Japan), and Johnson & Johnson (US) are some of the key players in this market (Switzerland).
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