MENAT Butterfly Needle Market Challenges, Opportunities, Trend, Outlook

Butterfly needle also called as winged infusion set or a scalp vein set is used to access a vein to draw blood or give medications. The advantages of butterfly needles over straight needle are that it allows for more precise placement, particularly in hard-to-access veins.

The most notable market participants are B. Braun SE, Becton Dickinson and Co, Nipro Corp, Cardinal Health Inc, Medline Industries Inc, Terumo Corp, SB-Kawasumi Laboratories Inc, and ICU Medical Inc among others occupying a considerable share of the market owing to their offerings to the market.

Market leaders are involved in extensive research for the development of new MENAT Butterfly Needle with better efficiency and treatment outcomes. For instance, in January 2022, ICU Medical Inc. announced that it has completed its acquisition of Smiths Medical from Smiths Group plc. The Smiths Medical business includes syringe and ambulatory infusion devices, vascular access, and vital care products.

Many well-known as well as small local companies are present in the market to provide diversified products to its customers. The larger firms are adopting the strategy of acquiring small firms to enhance its product portfolio and expand its footprint in different geographies. Additionally, various companies are also undergoing other strategic alliances such as collaborations and others to garner their significance and remain competitive in the market.

Read more: https://www.theinsightpartners.com/reports/meant-butterfly-needles-market

Few on the important key developments from the industry are mentioned below:

Month & Year

News

Jun-2020

Becton Dickinson Benelux N.V., launched BD Vacutainer UltraTouch Push Button Blood Collection Set with Pre-Attached Holder. A pre-attached holder prevents accidental needlestick injury due to the non-patient (tube-side) needle and help ensure compliance with OSHA's single-use holder requirement.

Oct-2020

Nipro has announced that their consolidated subsidiary Nipro Medical Europe N.V. has established the local subsidiary Nipro Medical Morocco in the Kingdom of Morocco, located in the northwestern part of North Africa, to engage in sales of Nipro medical devices. The new sales subsidiary has started operations on October 1, 2020

Jan-2022

ICU Medical Inc. announced that it has completed its acquisition of Smiths Medical from Smiths Group plc. The Smiths Medical business includes syringe and ambulatory infusion devices, vascular access, and vital care products.

 


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