Press release
Sharps Containers Market Size | Segmentation, Outlook, Industry Report to 2030
The Sharps Containers Market is expected to grow from US$ 498.07 million in 2022 to US$ 725.05 million in 2030; it is estimated to register a CAGR of 4.8% from 2022 to 2030.The factors such as the increase in generation of medical waste and rise in hospitalizations in private and public hospitals across the globe are expected to drive the sharps containers market growth. Moreover, the growing use of multipurpose containers is also expected to foster the sharps containers market growth during the forecast period. However, the lack of awareness about proper methods of sharps waste containment & disposal hinders the sharps containers market growth.
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Analysis of the Top Market Players:
1. Sanypick Plastic SA
2. Bondtech Corp
3. Mauser Group NV
4. EnviroTain LLC
5. Stericycle Inc
6. Dailymag Magnetic Technology Ltd
7. GPC Medical Ltd
8. Bemis Co Inc
9. Becton Dickinson and Co
10. The Harloff Co
In this report, the market has been segmented on the basis of:
Product
- Multipurpose Containers
- Patient Room Containers
- Phlebotomy Containers
Usage
- Reusable Containers
- Disposable Containers
Waste Type
- Infectious Waste
- Non-Infectious Waste
Waste Generators
- Hospitals
- Pharmaceutical Companies
- Laboratories
- Clinics & Physician's Offices
Container Size
- 1-3 Gallons
- 4-6 Gallons
- 7-8 Gallons
Distribution Channel
- Medical Supply Companies
- Pharmacies
- Online Sale
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Growing Use of Multipurpose Containers to Boost the Sharps Containers Market in Future
Multipurpose containers can easily store a variety of sharps as they are relatively larger than other sharps containers. Multipurpose containers are widely used in the market owing to their versatility in various applications, availability in various sizes and shapes, and demand by healthcare providers, research institutes, and hospitals. Multipurpose containers are not space or function-specific; they can be easily used in different environments and are easy to assemble and inexpensive. In addition, they offer maximum safety for medical professionals and are environmentally friendly. These containers can be easily disinfected and reused. Various companies offer multipurpose containers, including Cardinal Health; Becton, Dickinson, and Company; and EnviroTain.
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