Butterfly Needle Sets Market 2021 research report directs the manufacturer about planning of advertising and sales promotion efforts and makes it more effective. This report has been prepared by considering various steps for collecting, recording and analysing market data. This market analysis report covers strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. It also delivers list of the leading competitors and provides the insights about strategic industry analysis of the key factors influencing the ABC industry. This report on the global market is an important document for every market enthusiast, policymaker, investor, and market player. The report provides CAGR value fluctuations for the market during the forecast period of 2021-2028. This market report provides data on patterns and improvements, target business sectors and materials, limits and advancements.
Butterfly needle sets market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 358.85 million by 2028 and will grow at a CAGR of 7.98% in the above mentioned forecast period.
Butterfly needle sets are a type of a device which is used to access a vein to draw blood or give medications. It is also known as the winged infusion set or a scalp vein set. These needles offer advantages when compared to straight needles such as they allow for more precise placement, mainly in hard-to-access veins.
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The various beneficial advantages over straight needles such as convenience and safety is amongst the important factor expected to intensify the growth and demand of butterfly needle sets market. In addition, the rise in prevalence of chronic diseases such as cardiovascular disorders, cancer and bleeding disorders are also expected contributes to the growth in the global market over the forecast period of 2021 to 2028. Also the rise in the geriatric population coupled with chronic diseases and presence of well-established healthcare infrastructure are also likely to enhance the growth of the market. Furthermore, the rise in the COVID-19 cases coupled with the subcutaneous formulation for the treatment of the disease which is given with the help of butterfly needles for COVID-19 patients is also one of the significant factors expected to fuel the growth of the butterfly needle sets market.
Segmentation of This Market Research Report:
Global Butterfly Needle Sets Market, By Product Type (21G Butterfly Needles, 23G Butterfly Needles, 25G Butterfly Needles, Others), Applications (Venipuncture, Medications Delivery, IV Rehydration, Blood Transfusion), End User (Hospitals, Specialty Clinics, Blood Banks, Pathology Lab, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Key Market Competitors Covered:
The major players covered in the butterfly needle sets market report are BD, Terumo Medical Corporation, Nipro Europe Group Companies, B. Braun Melsungen AG, Kawasumi, Cardinal Health, Medline Industries, Inc., Angiplast, Narang Medical Limited, ISCON SURGICALS LTD., and AdvaCare Pharma among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Coronavirus can influence the worldwide economy in three principal ways: by straightforwardly influencing creation and request, by making store network and market disturbance, and by its monetary effect on firms and monetary business sectors. The episode of COVID-19 has welcomed impacts on numerous viewpoints, similar to flight undoings travel boycotts and isolates cafés shut all indoor occasions confined more than forty nations highly sensitive situation proclaimed monstrous easing back of the Vaccine market unpredictability falling business certainty, developing frenzy among the populace, and vulnerability about future.
Table Of Content::
Section 01: EXECUTIVE SUMMARY
Section 02: SCOPE OF THE REPORT
Section 03: RESEARCH METHODOLOGY
Section 04: MARKET LANDSCAPE
Market division examination
Section 05: PIPELINE ANALYSIS
Section 06: MARKET SIZING
Market size and conjecture
Section 07: FIVE FORCES ANALYSIS
Section 08: MARKET SEGMENTATION
Section 09: CUSTOMER LANDSCAPE
Section 10: REGIONAL LANDSCAPE
Section 11: DECISION FRAMEWORK
Section 12: DRIVERS AND CHALLENGES
Section 13: MARKET TRENDS
Section 14: VENDOR LANDSCAPE
Section 15: VENDOR ANALYSIS
Market situating of sellers
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Butterfly Needle Sets Market Country Level Analysis
Butterfly needle sets market is analyzed and market size insights and trends are provided by country, product type, application and end user as referenced above.
The countries covered in the butterfly needle sets market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the butterfly needle sets market owing to the rise in the prevalence of chronic diseases among the population and the presence of well- established healthcare infrastructure. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rise in health care infrastructure and rapid surge in geriatric population coupled with chronic diseases.
The country section of the butterfly needle sets market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Butterfly needle sets market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for butterfly needle sets market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the butterfly needle sets market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Butterfly Needle Sets Market Share Analysis
Butterfly needle sets market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to butterfly needle sets market.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate:
North America (United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
- Market Size & Forecast by Revenue 2021−2028
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by product, types, end-user, applications, segments, and geography
- Competitive Landscape – Top key vendors and other prominent vendors
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