theNorth America butterfly needles market is expected to grow from US$ 78.46 million in 2022 to US$ 128.22 million by 2028. It is estimated to record a CAGR of 8.5% from 2022 to 2028.
Advantages of Butterfly Needles over Straight Needles Drive North America Butterfly Needles Market Growth
Butterfly needles are widely preferred over straight needles as they are highly flexible during angled insertion, less painful, and highly accurate. Also, the phlebotomist may have a close grip on the needle and precision while placing it in the vein due to their bilateral wings and a short length. Butterfly needles can be efficiently used on people with small or rolling veins and are also effective for the tiny veins of body parts such as the hand, foot, scalp, and heel. Over the years, newer models of butterfly needles have been launched into the market, providing various advantages over the other types of needles. The latest models of butterfly needles have a slide-and-lock sheath that automatically slides over the needle as it is extracted from a vein. This prevents needlestick injuries and the reuse of a used needle. VACUETTE EVOPROTECT butterfly needles developed by Greiner Group AG are equipped with mechanisms that provide semi-automatic retraction of the needle from the vein, which minimizes the risk of needlestick injury. Furthermore, the company reported that the semi-automatic safety feature is more effective at preventing NSIs than devices with manually activated mechanisms. Devices with semi-automatic safety features also resulted in lower needlestick injuries than manually activated mechanism devices. Thus, the advantages of butterfly needles over other types of needles are fueling the growth of the North America butterfly needles market.North America Butterfly Needles Market Overview
The North America butterfly needles market is segmented into the US, Canada, and Mexico. The US is dominating the market in the region. Blood collection using butterfly needles is typically performed on children, older patients, and some adults with thin veins. It is also the recommended needle type for patients with rolling veins or those who are hesitant about needles. ClickZip Safety Butterfly Needle is a high-quality needle, free from latex and DEHP, and simple and safe to use. In the US, blood donation is regulated by the FDA and the American Association of Blood Banks to ensure the blood donation process is safe. According to American Blood Centers, an estimated 6.8 million people in the US donate blood yearly. There are 13.6 million units of whole blood and red blood cells collected in the country annually. Blood transfusion is required after every two seconds in the US, according to the American Red Cross. Also, according to the lay press, 75% of Americans are chronically dehydrated. While this is not supported by medical literature, dehydration is common in elderly patients. It has been observed in 17% to 28% of older adults in the US. Dehydration is a frequent cause of hospital admission. This leads to over-treatment with fluids. Therefore, the butterfly needles market is expected to grow in the coming years with the rise in blood donations in the US. Unfortunately, current blood shortages are leading to delayed critical blood transfusions for needy people.North America Butterfly Needles Market Revenue and Forecast to 2028 (US$ Million)
North America Butterfly Needles Market Segmentation
The North America butterfly needles market is segmented on the basis of application, end user, and country.- Based on application, the North America butterfly needles market is segmented into blood collection, IV rehydration, delivery of medications, venipuncture, and blood transfusion. The blood collection segment held the largest North America butterfly needles market share in 2022.
- Based on end user, the North America butterfly needles market is segmented into hospitals, clinics, blood banks, and others. The hospitals segment held the largest North America butterfly needles market share in 2022.
- Based on country, the North America butterfly needles market is segmented into the US, Canada, and Mexico. The US dominated the North America 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 North America Butterfly Needles Market - by Application
1.3.2 North America Butterfly Needles Market - by End User
1.3.3 North America Butterfly Needles Market - by Country
2. North America Butterfly Needles Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Butterfly Needles Market - Market Landscape
4.1 Overview
4.2 North America PEST Analysis
4.3 Expert’s Opinion
5. North America 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 - North America Analysis
6.1 North America Butterfly Needles Market Revenue Forecast and Analysis
7. North America Butterfly Needles Market Analysis - By Application
7.1 Overview
7.2 North America 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. North America Butterfly Needles Market Analysis - by End User
8.1 Overview
8.2 North America 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. North America Butterfly Needles Market - Country Analysis
9.1 Overview
9.1.1 North America: Butterfly Needles Market, by Country
9.1.1.1 US: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.1.1 Overview
9.1.1.1.2 US: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.1.3 US: Butterfly Needles Market, by Application, 2019-2028 (US$ Thousand)
9.1.1.1.4 US: Butterfly Needles Market, by End User, 2019-2028 (US$ Thousand)
9.1.1.2 Canada: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.2.1 Overview
9.1.1.2.2 Canada: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.2.3 Canada: Butterfly Needles Market, by Application, 2019-2028 (US$ Thousand)
9.1.1.2.4 Canada: Butterfly Needles Market, by End User, 2019-2028 (US$ Thousand)
9.1.1.3 Mexico: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.3.1 Overview
9.1.1.3.2 Mexico: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
9.1.1.3.3 Mexico: Butterfly Needles Market, by Application, 2019-2028 (US$ Thousand)
9.1.1.3.4 Mexico: 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 ISO- MED Inc
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. North America Butterfly Needles Market, Revenue and Forecast, 2019-2028 (US$ Thousand)
Table 2. US Butterfly Needles Market, by Application - Revenue and Forecast to 2028 (US$ Thousand)
Table 3. US Butterfly Needles Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 4. Canada Butterfly Needles Market, by Application - Revenue and Forecast to 2028 (US$ Thousand)
Table 5. Canada Butterfly Needles Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 6. Mexico Butterfly Needles Market, by Application - Revenue and Forecast to 2028 (US$ Thousand)
Table 7. Mexico Butterfly Needles Market, by End User - Revenue and Forecast to 2028 (US$ Thousand)
Table 8. Organic Developments
Table 9. Inorganic Developments
Table 10. Glossary of Terms
List of Figures
Figure 1. North America Butterfly Needles Market Segmentation
Figure 2. North America Butterfly Needles Market, by Country
Figure 3. North America Butterfly Needles Market Overview
Figure 4. North America Butterfly Needles Market, By Application
Figure 5. North America Butterfly Needles Market, By Country
Figure 6. North America: PEST Analysis
Figure 7. Experts’ Opinion
Figure 8. North America Butterfly Needles Market: Impact Analysis of Drivers and Restraints
Figure 9. North America Butterfly Needles Market- Revenue Forecast and Analysis
Figure 10. North America Butterfly Needles Market, by Application 2021 & 2028 (%)
Figure 11. Blood Collection: North America Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 12. IV Rehydration: North America Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 13. Delivery of Medications: North America Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 14. Venipuncture: North America Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 15. Blood Transfusion: North America Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 16. North America Butterfly Needles Market Revenue Share, by End User 2021 & 2028 (%)
Figure 17. Hospitals: North America Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 18. Clinics: North America Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 19. Blood Banks: North America Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 20. Others: North America Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 21. North America: Butterfly Needles Market, by Key Country - Revenue (2021) (US$ Thousand)
Figure 22. North America: Butterfly Needles Market, by Country, 2021 & 2028 (%)
Figure 23. US: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 24. Canada: Butterfly Needles Market - Revenue and Forecast to 2028 (US$ Thousand)
Figure 25. Mexico: 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
- ISO- MED Inc
- Medline Industries Inc
- Nipro Corp
- SB-Kawasumi Laboratories Inc
- Terumo Corp
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 107 |
| Published | February 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 78.46 Million |
| Forecasted Market Value ( USD | $ 128.22 Million |
| Compound Annual Growth Rate | 8.5% |
| Regions Covered | North America |
| No. of Companies Mentioned | 9 |
