The Europe butterfly needles market is expected to grow from US$ 47.23 million in 2022 to US$ 74.62 million by 2028. It is estimated to register a CAGR of 7.9% from 2022 to 2028.
Rise in Prevalence of Chronic Diseases Drives Europe Butterfly Needles Market Growth
Butterfly needles used for drawing blood or administering medications in veins. Patients who have difficulty to venipuncture are often given butterfly needles. A butterfly needle is also known as a winged infusion set or a scalp vein set, as it has plastic wings on either side of the hollow needle. With their winged tubing structure, which allows greater flexibility, butterfly needles are easy to use and less painful. Additionally, butterfly needles are commonly used to draw blood or administer medication for babies, young children, and elder people. According to the latest data from the World Health Organization, cardiovascular diseases account for most noncommunicable disease-related deaths, followed by cancers, chronic respiratory diseases, and diabetes. Cancer can be identified by tumor marker tests that use a blood sample to look for chemicals made by cancer cells. Butterfly needles are used to draw blood along with medication administration among cancer patients. Furthermore, a butterfly needle is used for drawing blood for cholesterol testing. High cholesterol can cause heart attack and stroke. Further, diabetes is another life-threatening chronic disease with no functional cure. Diabetes can lead to various complications in different body parts and increase the overall risk of premature death. Heart attack, stroke, kidney failure, leg amputation, vision loss, and nerve damage are among the major complications associated with diabetes. Often, insulin is administered through butterfly needles, as they are smaller and thinner than an intravenous (IV) catheter and have smaller gauge sizes, ranging from 18 to 27 gauge on average. Thus, the growing prevalence of chronic diseases requiring blood draws, long-term medications, and drug infusions is boosting the growth of the Europe butterfly needles market.Europe Butterfly Needles Market Overview
The Europe butterfly needles market is segmented into Germany, France, Italy, Spain, the UK, and the Rest of Europe. Germany dominated the market in 2022. Germany has a well-developed healthcare system, and all the legal & German residents are entitled for free necessary medical help, and it is funded by statutory contribution system. It is mandatory for all the residents to have medical insurance that covers outpatient, inpatient, medical health, and prescription drug. The growth of the butterfly needles market in Germany is prominently attributed to the increasing prevalence of chronic disorders such as cancer, cardiovascular disorders, and neurological conditions that has increased number of hospitalizations in the country. According to the latest WHO data published in 2020, coronary heart disease deaths reached 147,055 or 20.98% of total deaths in Germany. Additionally, rising R&D activities and increasing technological innovations are likely to boost the butterfly needles market during the forecast period. Becton Dickinson Benelux N.V., launched BD Vacutainer UltraTouch Push Button Blood Collection Set with Pre-Attached Holder. A pre-attached holder prevents accidental needlestick injury due to the non-patient (tube-side) needle and help ensure compliance with OSHA's single-use holder requirement. Thus, above discussed factors are expected to drive the growth of the butterfly needles market during the forecast period.Europe Butterfly Needles Market Revenue and Forecast to 2028 (US$ Million) Europe Butterfly Needles Market Segmentation
The Europe butterfly needles market is segmented based on application, end user, and country.- Based on application, the Europe butterfly needles market is segmented into blood collection, IV rehydration, delivery of medications, venipuncture, and blood transfusion. The blood collection segment held the largest Europe butterfly needles market share in 2022.
- Based on end user, the Europe butterfly needles market is segmented into hospitals, clinics, blood banks, and others. The hospitals segment held the largest Europe butterfly needles market share in 2022.
- Based on country, the Europe butterfly needles market has been categorized into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Our regional analysis states that Germany dominated the Europe butterfly needles market in 2022.
Table of Contents
1. Introduction1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Butterfly Needles Market - by Application
1.3.2 Europe Butterfly Needles Market - by End User
1.3.3 Europe Butterfly Needles Market - by Country
2. Europe Butterfly Needles Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Butterfly Needles Market - Market Landscape
4.1 Overview
4.2 Europe PEST Analysis
4.3 Expert’s Opinion
5. Europe Butterfly Needles Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Prevalence of Chronic Diseases
5.1.2 Advantages of Butterfly Needles over Straight Needles
5.2 Market Restraints
5.2.1 Risk Associated with Butterfly Needlestick Injuries
5.3 Market Opportunities
5.3.1 Increasing Cancer Research
5.4 Future Trends
5.4.1 Increasing Organic and Inorganic Strategies by Key Players
5.5 Impact Analysis
6. Butterfly Needles Market - Europe Analysis
6.1 Europe Butterfly Needles Market Revenue Forecast and Analysis
7. Europe Butterfly Needles Market Analysis - By Application
7.1 Overview
7.2 Europe Butterfly Needles Market, by Application 2021 & 2028 (%)
7.3 Blood Collection
7.3.1 Overview
7.3.2 Blood Collection: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
7.4 IV Rehydration
7.4.1 Overview
7.4.2 IV Rehydration: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
7.5 Delivery of Medications
7.5.1 Overview
7.5.2 Delivery of Medications: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
7.6 Venipuncture
7.6.1 Overview
7.6.2 Venipuncture: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
7.7 Blood Transfusion
7.7.1 Overview
7.7.2 Blood Transfusion: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
8. Europe Butterfly Needles Market Analysis - By End User
8.1 Overview
8.2 Europe Butterfly Needles Market Revenue Share, by End User 2021 & 2028 (%)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
8.4 Clinics
8.4.1 Overview
8.4.2 Clinics: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
8.5 Blood Banks
8.5.1 Overview
8.5.2 Blood Banks: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
8.6 Others
8.6.1 Overview
8.6.2 Others: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9. Europe Butterfly Needles Market - Country Analysis
9.1 Overview
9.1.1 Europe: Butterfly Needles Market, by Country, 2021 & 2028 (%)
9.1.1.1 Germany: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.1.1 Overview
9.1.1.1.2 Germany: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.1.3 Germany: Butterfly Needles Market, by Application, 2019-2028 (US$ Thousand)
9.1.1.1.4 Germany: Butterfly Needles Market, by End User, 2019-2028 (US$ Thousand)
9.1.1.2 UK: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.2.1 Overview
9.1.1.2.2 UK: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.2.3 UK: Butterfly Needles Market, by Application, 2019-2028 (US$ Thousand)
9.1.1.2.4 UK: Butterfly Needles Market, by End User, 2019-2028 (US$ Thousand)
9.1.1.3 France: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.3.1 Overview
9.1.1.3.2 France: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.3.3 France: Butterfly Needles Market, by Application, 2019-2028 (US$ Thousand)
9.1.1.3.4 France: Butterfly Needles Market, by End User, 2019-2028 (US$ Thousand)
9.1.1.4 Italy: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.4.1 Overview
9.1.1.4.2 Italy: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.4.3 Italy: Butterfly Needles Market, by Application, 2019-2028 (US$ Thousand)
9.1.1.4.4 Italy: Butterfly Needles Market, by End User, 2019-2028 (US$ Thousand)
9.1.1.5 Spain: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.5.1 Overview
9.1.1.5.2 Spain: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.5.3 Spain: Butterfly Needles Market, by Application, 2019-2028 (US$ Thousand)
9.1.1.5.4 Spain: Butterfly Needles Market, by End User, 2019-2028 (US$ Thousand)
9.1.1.6 Rest of Europe: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.6.1 Overview
9.1.1.6.2 Rest of Europe: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.6.3 Rest of Europe: Butterfly Needles Market, by Application, 2019-2028 (US$ Thousand)
9.1.1.6.4 Rest of Europe: Butterfly Needles Market, by End User, 2019-2028 (US$ Thousand)
10. Industry Landscape
10.1 Overview
10.2 Organic Developments
10.2.1 Overview
10.3 Inorganic Developments
10.3.1 Overview
11. Company Profiles
11.1 B. Braun SE
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Becton Dickinson and Co
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Nipro Corp
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Cardinal Health Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Medline Industries Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Terumo Corp
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 SB-Kawasumi Laboratories Inc
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 ICU Medical Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Vogt Medical Vertrieb GmbH
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Glossary of Terms
List of Tables
Table 1 Europe Butterfly Needles Market, Revenue and Forecast, 2019-2028 (US$ Thousand)
Table 2. Germany Butterfly Needles Market, by Application - Revenue and Forecast to 2028 (US$ Thousand)
Table 3. Germany Butterfly Needles Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 4. UK Butterfly Needles Market, by Application - Revenue and Forecast to 2028 (US$ Thousand)
Table 5. UK Butterfly Needles Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 6. France Butterfly Needles Market, by Application - Revenue and Forecast to 2028 (US$ Thousand)
Table 7. France Butterfly Needles Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 8. Italy Butterfly Needles Market, by Application - Revenue and Forecast to 2028 (US$ Thousand)
Table 9. Italy Butterfly Needles Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 10. Spain Butterfly Needles Market, by Application - Revenue and Forecast to 2028 (US$ Thousand)
Table 11. Spain Butterfly Needles Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 12. Rest of Europe Butterfly Needles Market, by Application - Revenue and Forecast to 2028 (US$ Thousand)
Table 13. Rest of Europe Butterfly Needles Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 14. Organic Developments
Table 15. Inorganic Developments
Table 16. Glossary of Terms
List of Figures
Figure 1. Europe Butterfly Needles Market Segmentation
Figure 2. Europe Butterfly Needles Market, by Country
Figure 3. Europe Butterfly Needles Market Overview
Figure 4. Europe Butterfly Needles Market, By Application
Figure 5. Europe Butterfly Needles Market, By Country
Figure 6. Europe: PEST Analysis
Figure 7. Experts’ Opinion
Figure 8. Europe Butterfly Needles Market: Impact Analysis of Drivers and Restraints
Figure 9. Europe Butterfly Needles Market- Revenue Forecast and Analysis
Figure 10. Europe Butterfly Needles Market, by Application 2021 & 2028 (%)
Figure 11. Blood Collection: Europe Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 12. IV Rehydration: Europe Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 13. Delivery of Medications: Europe Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 14. Venipuncture: Europe Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 15. Blood Transfusion: Europe Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 16. Europe Butterfly Needles Market Revenue Share, by End User 2021 & 2028 (%)
Figure 17. Hospitals: Europe Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 18. Clinics: Europe Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 19. Blood Banks: Europe Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 20. Others: Europe Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 21. Europe: Butterfly Needles Market, by Key Country - Revenue (2021) (US$ Thousand)
Figure 22. Europe: Butterfly Needles Market, by Country, 2021 & 2028 (%)
Figure 23. Germany: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 24. UK: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 25. France: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 26. Italy: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 27. Spain: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 28. Rest of Europe: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Companies Mentioned
- B. Braun SE
- Becton Dickinson and Co
- Cardinal Health Inc
- ICU Medical Inc
- Medline Industries Inc
- Nipro Corp
- SB-Kawasumi Laboratories Inc
- Terumo Corp
- Vogt Medical Vertrieb GmbH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 121 |
| Published | February 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 47.23 Million |
| Forecasted Market Value ( USD | $ 74.62 Million |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 9 |
