Market Overview:
The global medical sharps disposal container market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, growing awareness about safe medical waste management, and stringent government regulations for safe medical waste management. Based on type, the global medical sharps disposal container market is segmented into single use containers and reusable containers. The reusable containers segment is expected to grow at a higher CAGR than the single use containers segment during the forecast period. This can be attributed to their longer life span and lower replacement costs as compared with single use containers. Based on application, the global medical sharps disposal container market is divided into hospitals, clinics, and others (including research institutes and laboratories). The hospitals segment accounted for majority of the share in 2017 owing to rising number of hospital admissions across the globe coupled with increasing awareness about safe handling of hazardous wastes among healthcare professionals. However, clinics are projected to witness highest growth during 2018-2030 due high prevalence rate of chronic diseases such as diabetes mellitus and cancer which leads patients towards regular checkups & treatments in clinics setting .
Product Definition:
A medical sharps disposal container is a special container designed for the safe disposal of sharps. Sharps are items that can puncture or cut skin and can include needles, syringes, scalpels, and lancets.
Single Use Containers:
Single-use containers are used for the packaging of medical waste and other biohazardous materials. These containers are made from different types of plastics such as High-Density Polyethylene (HDPE), Low Density Polyethylene (LDPE), polypropylene, polystyrene, and others. The single-use container is a closed vessel that holds a specific volume or weight of liquid or solid waste material.
Reusable Containers:
Reusable containers are used for the collection, storage and disposal of reusable medical waste including needles, scalpels, IV tubes/IV bags containing fluids & medications. These containers also help in minimizing the risk of infection to healthcare professionals as they are made from plastic or other safe materials.
These types of containers can be single-use or multi-use depending on the need and preference.
Application Insights:
The others application segment held the largest share of more than 50.0% in 2017. The other applications include research, home healthcare, and industrial use. Industrial use includes medical laboratories, pharmaceutical companies and biotechnology companies among others who require a sharps disposal container on a regular basis for proper disposal of their used needles & syringes safely and legally according to local regulations.
Regional Analysis:
North America dominated the global market in 2017 owing to high incidence of injuries and increasing number of surgeries. In addition, presence of stringent regulations for medical waste management by the U.S. EPA and FDA is also driving this regional market growth.
Growth Factors:
- Increasing demand for safe and effective medical waste disposal methods
- Growing awareness about the importance of medical waste disposal containers
- Stringent government regulations on medical waste management
- Rising healthcare expenditure in developing countries
- Technological advancements in medical sharps disposal containers
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Sharps Disposal Container Market Research Report
By Type
Single Use Containers, Reusable Containers
By Application
Hospital, Clinic, Others
By Companies
Cardinal Health, Stericycle, Becton Dickinson, Daniels Health, MedSharps, AdirMed, Bondtech, Sharps Compliance, EnviroTain, Henry Schein, Cardinal Health, Shenyang Kangzhiyuan, Jiangxi Lvya
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Medical Sharps Disposal Container Market Report Segments:
The global Medical Sharps Disposal Container market is segmented on the basis of:
Types
Single Use Containers, Reusable Containers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cardinal Health
- Stericycle
- Becton Dickinson
- Daniels Health
- MedSharps
- AdirMed
- Bondtech
- Sharps Compliance
- EnviroTain
- Henry Schein
- Cardinal Health
- Shenyang Kangzhiyuan
- Jiangxi Lvya
Highlights of The Medical Sharps Disposal Container Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Use Containers
- Reusable Containers
- By Application:
- Hospital
- Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Medical Sharps Disposal Container Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A medical sharps disposal container is a plastic or metal box that is used to store needles and other medical equipment that must be disposed of in a safe and proper manner.
Some of the major players in the medical sharps disposal container market are Cardinal Health, Stericycle, Becton Dickinson, Daniels Health, MedSharps, AdirMed, Bondtech, Sharps Compliance, EnviroTain, Henry Schein, Cardinal Health, Shenyang Kangzhiyuan, Jiangxi Lvya.
The medical sharps disposal container market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Sharps Disposal Container Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Medical Sharps Disposal Container Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Sharps Disposal Container Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Medical Sharps Disposal Container Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Medical Sharps Disposal Container Market Size & Forecast, 2018-2028
4.5.1 Medical Sharps Disposal Container Market Size and Y-o-Y Growth
4.5.2 Medical Sharps Disposal Container Market Absolute $ Opportunity
Chapter 5 Global Medical Sharps Disposal Container Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Medical Sharps Disposal Container Market Size Forecast by Type
5.2.1 Single Use Containers
5.2.2 Reusable Containers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Sharps Disposal Container Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Medical Sharps Disposal Container Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Sharps Disposal Container Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Medical Sharps Disposal Container Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Medical Sharps Disposal Container Analysis and Forecast
9.1 Introduction
9.2 North America Medical Sharps Disposal Container Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Medical Sharps Disposal Container Market Size Forecast by Type
9.6.1 Single Use Containers
9.6.2 Reusable Containers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Medical Sharps Disposal Container Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Medical Sharps Disposal Container Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Sharps Disposal Container Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Medical Sharps Disposal Container Market Size Forecast by Type
10.6.1 Single Use Containers
10.6.2 Reusable Containers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Medical Sharps Disposal Container Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Medical Sharps Disposal Container Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Sharps Disposal Container Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Medical Sharps Disposal Container Market Size Forecast by Type
11.6.1 Single Use Containers
11.6.2 Reusable Containers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Medical Sharps Disposal Container Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Medical Sharps Disposal Container Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Sharps Disposal Container Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Medical Sharps Disposal Container Market Size Forecast by Type
12.6.1 Single Use Containers
12.6.2 Reusable Containers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Medical Sharps Disposal Container Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Medical Sharps Disposal Container Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Sharps Disposal Container Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Medical Sharps Disposal Container Market Size Forecast by Type
13.6.1 Single Use Containers
13.6.2 Reusable Containers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Medical Sharps Disposal Container Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Medical Sharps Disposal Container Market: Competitive Dashboard
14.2 Global Medical Sharps Disposal Container Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cardinal Health
14.3.2 Stericycle
14.3.3 Becton Dickinson
14.3.4 Daniels Health
14.3.5 MedSharps
14.3.6 AdirMed
14.3.7 Bondtech
14.3.8 Sharps Compliance
14.3.9 EnviroTain
14.3.10 Henry Schein
14.3.11 Cardinal Health
14.3.12 Shenyang Kangzhiyuan
14.3.13 Jiangxi Lvya
