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 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.
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, and Terumo Corp are among the leading companies operating in the North America butterfly needles market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 78.46 Million |
| Market Size by 2028 | US$ 128.22 Million |
| CAGR (2022 - 2028) | 8.5% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Application
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Butterfly Needles Market is valued at US$ 78.46 Million in 2022, it is projected to reach US$ 128.22 Million by 2028.
As per our report North America Butterfly Needles Market, the market size is valued at US$ 78.46 Million in 2022, projecting it to reach US$ 128.22 Million by 2028. This translates to a CAGR of approximately 8.5% during the forecast period.
The North America Butterfly Needles Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Butterfly Needles Market report:
The North America Butterfly Needles Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Butterfly Needles Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Butterfly Needles Market value chain can benefit from the information contained in a comprehensive market report.
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