Global Butterfly Needle Sets Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

21G Butterfly Needles, 23G Butterfly Needles, 25G Butterfly Needles, and Others.

By Application;

Blood Transfusion, Venipuncture, IV Rehydration, and Delivery of Medications.

By End User;

Hospital, Blood Bank, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn111173464 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Butterfly Needle Sets Market (USD Million), 2021 - 2031

In the year 2024, the Global Butterfly Needle Sets Market was valued at USD 2,464.13 million. The size of this market is expected to increase to USD 4,278.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The Global Butterfly Needle Sets Market is poised for substantial growth, driven by several key factors shaping the healthcare industry worldwide. As healthcare systems continue to evolve, there's a heightened emphasis on patient comfort, safety, and efficiency, all of which are met by the innovative design and functionality of butterfly needle sets. These sets, distinguished by their winged infusion apparatus, offer clinicians improved precision during venipuncture procedures, reducing patient discomfort and the likelihood of complications. This market segment's expansion is also fueled by an increasing prevalence of chronic diseases necessitating frequent blood sampling and intravenous therapies, underscoring the crucial role of reliable, user-friendly needle sets in modern medical practice.

Technological advancements and material innovations are enhancing the performance and durability of butterfly needle sets, further bolstering their adoption rates across various healthcare settings globally. Manufacturers are investing in research and development to introduce features like safety mechanisms, ergonomic designs, and compatibility with different infusion systems, catering to diverse clinical requirements. Additionally, rising healthcare expenditures and infrastructure developments in emerging economies are widening the accessibility of advanced medical devices, including butterfly needle sets, thereby amplifying market growth opportunities.

Amidst the promising prospects, regulatory considerations and pricing pressures pose significant challenges to market players seeking to capitalize on the burgeoning demand for butterfly needle sets. Stringent approval processes and compliance standards necessitate substantial investments in quality assurance and regulatory compliance, potentially elongating product development cycles. Furthermore, intense competition and pricing dynamics within the medical device industry compel manufacturers to strike a delicate balance between product affordability and profitability, underscoring the importance of strategic pricing and value-added services to sustain market competitiveness and foster long-term growth in the global butterfly needle sets market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Butterfly Needle Sets Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Chronic Diseases
        2. Growing Demand for Patient Comfort
        3. Increasing Healthcare Expenditure
      2. Restraints
        1. Pricing Pressures
        2. Limited Access to Healthcare in Rural Areas
        3. Concerns about Needlestick Injuries
      3. Opportunities
        1. Product Innovation
        2. Shift towards Outpatient Care
        3. Focus on Preventive Healthcare
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Butterfly Needle Sets Market, By Product Type, 2021 - 2031 (USD Million)
      1. 21G Butterfly Needles
      2. 23G Butterfly Needles
      3. 25G Butterfly Needles
      4. Others
    2. Global Butterfly Needle Sets Market, By Application, 2021 - 2031 (USD Million)
      1. Blood Transfusion
      2. Venipuncture
      3. IV Rehydration
      4. Delivery of Medications
    3. Global Butterfly Needle Sets Market, By End User, 2021 - 2031 (USD Million)
      1. Hospital
      2. Blood Bank
      3. Others
    4. Global Butterfly Needle Sets Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Braun Melsungen AG
      2. Becton, Dickison And Company
      3. Nipro Corporation (nipro Medical Corporation)
      4. Cardinal Health INC.
      5. Medline Industries, INC.
      6. Terumo Corporation (Terumo medical corporation)
      7. Kawasumi Laboratories, INC. (Kawasumi Laboratories America, INC.)
      8. Isomed
      9. Biomatrix S.R.L.
      10. Smiyhs Group PLC
  7. Analyst Views
  8. Future Outlook of the Market