Sharps Containers - Global Strategic Business Report

The global market for Sharps Containers was valued at US$564.1 Million in 2024 and is projected to reach US$787.6 Million by 2030, growing at a CAGR of 5.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Sharps Containers Market - Key Trends & Drivers Summarized

Sharps containers are essential medical waste disposal units designed to safely collect and contain used sharps, such as needles, syringes, lancets, and other sharp medical instruments. These containers are made of puncture-resistant materials and feature secure locking mechanisms to prevent accidental needle sticks and contamination. Sharps containers are used in various healthcare settings, including hospitals, clinics, laboratories, and home healthcare environments. Proper disposal of sharps is crucial to prevent injuries, infections, and the spread of bloodborne pathogens like HIV, hepatitis B, and hepatitis C.

The design and manufacturing of sharps containers adhere to strict regulatory standards to ensure safety and compliance. These containers come in various sizes and configurations to accommodate different volumes of sharps waste. Features such as transparent sides for visual inspection, fill level indicators, and secure lids enhance their usability and safety. Innovations in sharps container design focus on improving ergonomics, ease of use, and environmental sustainability. Reusable sharps containers are gaining popularity as they reduce the environmental impact associated with single-use containers and provide cost savings over time.

The growth in the sharps containers market is driven by several factors. Firstly, the increasing volume of medical waste generated by healthcare facilities is a significant driver. Secondly, stringent regulations and guidelines for medical waste disposal are boosting the demand for compliant and safe sharps containers. Thirdly, the rising incidence of chronic diseases and the associated increase in the use of injectable medications are contributing to market growth. Additionally, the growing awareness of the risks associated with improper sharps disposal is encouraging the adoption of safe disposal practices. Furthermore, advancements in container design and the development of reusable and environmentally friendly options are driving market innovation. Lastly, the expansion of healthcare services and the increasing number of healthcare facilities, particularly in emerging markets, are creating new opportunities for sharps container manufacturers.

Scope of the Study

The report analyzes the Sharps Containers market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments:

Container Type (Multipurpose Containers, Patient Room Containers, Phlebotomy Containers); Container Size (1 - 2 Gallons, 2 - 4 Gallons, Other Container Sizes); Usage Type (Reusable, Disposable); End-User (Hospitals, Clinics & Laboratories, Other End-Users).

Geographic Regions/Countries:

World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Multipurpose Containers segment, which is expected to reach US$352.8 Million by 2030 with a CAGR of a 6.4%. The Patient Room Containers segment is also set to grow at 5.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $198.8 Million in 2024, and China, forecasted to grow at an impressive 8.2% CAGR to reach $115.4 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as Becton, Dickinson and Company, Bemis Manufacturing Company, BondTech Corporation, Mauser Packaging Solutions, Daniels Healthcare Group and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Sharps Containers Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Sharps Containers Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Sharps Containers Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Some of the 56 major companies featured in this Sharps Containers market report include:

• Becton, Dickinson and Company
• Bemis Manufacturing Company
• BondTech Corporation
• Mauser Packaging Solutions
• Daniels Healthcare Group
• GPC Medical Ltd.
• The Harloff Company
• Henry Schein, Inc.
• MarketLab, Inc.
• Mauser Packaging Solutions
• Medtronic Plc.
• Medu-Scientific Ltd.
• Stericycle
• Thermo Fischer Scientific