Sharps container market size will surpass US$790 billion by

Pune, Oct. 26, 2022 (GLOBE NEWSWIRE) — According to a new market research report titled “sharps container market By Product Type (Multipurpose Containers, Patient Room Containers, Phlebotomy Containers), By Use (Single Use Containers, Reusable Containers), By Waste Type (Sharps Waste, Infectious Waste) – Global Outlook & Forecast 2022-2030 published by Growth Plus Reports, the sharps container market is expected to grow at a pace CAGR of 4.38% from 2021 to reach 790 billion US dollars by 2030.

Download PDF Brochure of Sharps Containers Market Size – Impact of COVID-19 and Global Analysis with Strategic Developments on: https://growthplusreports.com/inquiry/request-sample/sharps-containers-market/7882

Market factors

The global sharps container market is booming owing to the increased demand for proper management of biomedical waste. The WHO (World Health Organization) and other regulatory authorities provide uniform recommendations for the disposal of medical waste. Every healthcare professional and pharmaceutical company follows these guidelines. Additionally, increasing healthcare expenditures, demand for syringes and needles, and rapid adoption of technology in the healthcare industry are propelling the high expansion of the container market.

Excerpts from ‘by type of product’

Multi-purpose containers, patient room containers, and phlebotomy containers are the three product categories under which the sharps container market is classified. The multi-purpose container segment holds the largest market share. The wide availability of multi-purpose containers of different sizes and shapes has increased the demand. Versatile containers also provide ample volume for waste disposal, medical personnel safety and environmental friendliness. The need for proper disposal in hospitals and clinics is likely to increase over the forecast period, driving solid growth in the patient room container market. Likewise, a higher CAGR is expected from the phlebotomy container segment as it is widely used in clinical laboratories, diagnostic facilities, and pharmaceutical companies to dispose of blood samples, hypodermic and intravenous needles.

Excerpts from by use’

The Global Sharps Containers Market is segmented into:

  • Disposable
  • Reusable containers

The reusable sector holds the majority of the market share. Their popularity is growing due to their ability to save money over time by not needing to be replaced as frequently as single-use containers. Healthcare workers have a higher level of safety when using reusable containers, as there is less risk of accidental needlestick injuries.

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Excerpts from ‘Type of waste’

According to the type of waste, the market is divided into:

  • sharp waste
  • infectious waste

The market was dominated by sharp scrap. The sharps waste segment dominates the market and is produced in substantial quantities worldwide. Increase in surgical and clinical procedures requiring extensive use of needles, catheters, syringes, and cannulas are also contributing to the growth of the industry.

Excerpts from “By region”

Sharps Containers Market has been segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

North America dominates the market for sharps containers. Indeed, there are strict regulations for the disposal of biological waste and laws increasing the use of disposal containers in healthcare facilities. In addition, a state-of-the-art infrastructure would promote the expansion of the market in this region. Additionally, more diagnoses of blood-borne diseases in the area are increasing the need for sharp containers for proper disposal. The Asia-Pacific region is expected to grow as healthcare spending increases in the public and commercial sectors, especially in China, India and Japan.

Excerpts from “Competitive Landscape”

Some prominent players operating in the sharps container market are:

  • EnviroTain, LLC
  • MAUSER Group
  • Daniel Health Group
  • Thermo Fisher Scientific Inc.
  • GPC Medical Ltd.
  • Stericycle, Inc.
  • Henry Schein, Inc.
  • Bondtech Corporation
  • Bemis Manufacturing Company
  • Medtronic plc.
  • Becton, Dickinson and company

Contents

  1. INTRODUCTION
    1. Market ecosystem
    2. Schedule under study
      1. Historical years – 2020
      2. Base year – 2021
      3. Planned years – 2022 to 2030
    3. Currency used in the report
  2. RESEARCH METHODOLOGY
    1. Research approach
    2. Data collection methodology
    3. Information source
      1. Secondary sources
      2. Primary sources
    4. Market estimation approach
      1. From bottom to top
      2. From top to bottom
    5. Market Forecast Model
    6. Limits and assumptions
  3. PREMIUM OVERVIEW
    1. Current market trends (COVID-19 outlook)
    2. Key players and competitive positioning (2021)
  4. MARKET DYNAMICS
    1. Drivers
    2. Constraints
    3. Opportunities
  5. GLOBAL SHARPS CONTAINER MARKET – ANALYSIS AND FORECAST, BY PRODUCT TYPE
    1. Multipurpose containers
    2. Patient room containers
    3. Phlebotomy containers
  6. GLOBAL HIGHLIGHTS CONTAINER MARKET – ANALYSIS AND FORECAST, BY USE
    1. Single-use containers
    2. Reusable containers
  7. GLOBAL CONTAINER MARKET HIGHLIGHTS – ANALYSIS AND FORECAST, BY TYPE OF WASTE
    1. sharp waste
    2. infectious waste

VALUE PROPOSITIONS RELATED TO THE REPORT:

  • Fueled by free analyst hours and expert interviews with every report
  • Comprehensive quantitative and qualitative information at segment and sub-segment level
  • Trends and perspectives of the impact of Covid 19
  • Granular information at global/regional/country level
  • In-depth insights into market dynamics (drivers, restraints, opportunities) and business environment
  • Global coverage of the competitive landscape
  • Winning imperatives
  • Comprehensive coverage of “strategic developments” recorded by major market players

CUSTOMIZATION OPTIONS:

  • Distributor Landscape Assessment
  • Pricing Information
  • Customer evaluation
  • Analysis of investments and initiatives
  • ‘Company Profile’ of key players

Directly purchase a premium copy of the Sharps Containers Market Growth Report (2022-2030) at: https://growthplusreports.com/checkout?_token=5wToiWXLm3CHu8P3TO4AyC9cgYiIjNKOl97Vhobw&report_id=7882&license=Single

About Us:

Growth Plus Reports is part of GRG Health, a global healthcare knowledge services company. We are proud members of the EPhMRA (European Pharmaceutical Marketing Research Association).

The Growth Plus portfolio of services leverages our core capabilities in secondary and primary research, market modeling and forecasting, benchmarking, analysis and strategy formulation to help clients create scalable solutions and breakthroughs that set them up for future growth and success.

We have been recognized by the prestigious CEO Magazine as “The Most Innovative Market Research Company in the Healthcare Market of 2020.


        

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