Sharps Container Market - Detailed Study Analysis and Forecast by 2025

Biomedical waste disposal and medical waste disposal containers are particularly referred as sharps containers. These are primarily utilized to contain hazardous instruments. A sharps container is generally made of plastic and used to reduce the risk of injury and infections. Most of the infectious diseases are caused by pathogenic microorganisms such as viruses, bacteria, parasites, and fungi. Several pathogenic microorganisms are also present on human body that can spread directly or indirectly from one person to another. Signs and symptoms of an infectious disease depends upon the microorganism causing the infection. Moreover, common symptoms include fever and fatigue.

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People suffering from life-threatening infections need immediate hospitalization. In case of some of the mild infections, home remedies and full body rest may prove beneficial. Hence, in order to avoid further infections especially in a hospital or other health care facilities, sharps containers must be used on a large scale, including homes. Sharps waste is also known as biomedical waste composed of used "sharps". These include devices used to lacerate the skin or puncture. Biohazardous waste must be handled with utmost care and injury free. Blood-borne diseases such as hepatitis C (HCV), hepatitis B (HBV), and HIV can directly spread through infectious agents. During sharps waste handling, professionals may get affected by these blood-borne diseases. Currently, large volumes of sharps waste is handled by professionals. This also increases the chances of sharps injury. 

Previously, sharing needles used in hospitals and other medical labs increased chances of AIDS (HIV) and other infectious disease. Hence, it is quite important to use a sharps container to prevent infections. A sharps container is used for sharp medical instruments such as IV catheters, needles, broken glass, syringes, dental anesthetic carpules, and vacutainer tube holder. Sharps containers may be used for a single purpose or reusable. Sharps containers must be sterilized before reuse. These are generally used in hospitals, research centers, labs, and others. Sharps disposal container is available through pharmacies, health care providers, medical supply companies, and online. 

The global sharps container market is driven by increasing demand for syringes, saline needles, catheters, and reagents in hospitals and laboratory research. The global sharps container market has been segmented based on product type, end-user, and region. In terms of product type, the global sharps container market has been divided into single-use sharps containers and reusable sharps containers (robotically emptied and sterilized).

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Based on end-user, the global sharps container market has been segmented into hospitals, ambulatory surgical centers, academic research laboratories, diagnostic laboratories, and others. In terms of revenue, the hospitals segment held a significant share of the global sharps container market.

In terms of region, the global sharps container market has been segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is a key market for sharps containers, followed by Europe and Asia Pacific. The U.S. accounted for a major share of the global sharps container market in North America in terms of revenue. The global sharps container market in Asia Pacific is expanding rapidly due to increase in number of injuries. The region is projected to be the most attractive market in the near future. The market in Asia Pacific is driven by better economic growth, health care infrastructure, and increasing awareness among the people in emerging economies such as China, Japan, and India.

Key players operating in the global sharps container market include 2001 s.r.l., Medtronic plc, Becton, Dickinson and Company, MarketLab, Inc., Post Medical, Inc., GPC Medical Ltd., Everbest Limited, Allied Seals Europe, Medu-Scientific Ltd., Henry Schein, Inc., and Dailymag Magnetic Technology (Ningbo) Limited.

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This release was published on openPR.