The major factors that drive market growth are rise in the prevalence of chronic diseases globally such as cancer, intravenous therapy, cardiovascular diseases, and bleeding disorders. In addition, an increase in the prevalence of chronic diseases and need for managing long term medications and drug infusions are some of the other factors that boost the growth of the market. However, lack of product innovations and regulatory standards on butterfly needle usage and phlebotomists blood collection hamper market growth. Moreover, safety and convenience provided by the needles d treatment associated with butterfly needle offer opportunities for market growth during the forecast period.
The global butterfly needle blood collection set market is segmented on the basis of application, end user, and region. By application, the market is segmented into blood transfusion, venipuncture, IV rehydration, and delivery of medications. By end user, it is segmented into hospitals, blood bank, and others. Region wise, the market is categorized into North America, Europe, Asia-Pacific, and LAMEA. These regions are further analyzed on the basis of the respective countries.
KEY BENEFITS FOR STAKEHOLDERS
- The market estimations in this report are based on high-end analysis of the key segments from 2019 to 2027.
- Extensive analysis of the global butterfly needle blood collection set market, by application, helps in understanding various types of techniques of butterfly needles.
- This report provides comprehensive analysis of factors that drive and restrict growth of the butterfly needle blood collection set market.
- Porter’s Five Forces model provides an in-depth analysis of the bargaining power of buyers and suppliers, threats of new entrants, substitutes, and competition among the key market players.
- Competitive intelligence highlights the business practices adopted by leading market players across various regions.
Key Market Segments
By application
- Blood transfusion
- Venipuncture
- IV rehydration
- Delivery of medications
By end user
- Hospitals
- Blood banks
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Turkey
- Venezuela
- Saudi Arabia
- Rest of LAMEA
List of key players profiled in the report
- B. Braun Melsungen AG
- Becton, Dickinson and Company
- Nipro Corporation
- Cardinal Health, Inc.
- Medline Industries, Inc.
- Terumo Corporation
- Kawasumi Laboratories, Inc.
- ISOMed
- BioMatrix S.r.l
Table of Contents
Companies Mentioned
- Braun Melsungen AG
- Becton
- Dickinson and Company
- Nipro Corporation
- Cardinal Health Inc
- Medline Industries Inc
- Terumo Corporation
- Kawasumi Laboratories Inc
- ISOMed
- BioMatrix Srl
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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