The global market for Sharps Containers is estimated at US$537.3 Million in 2023 and is projected to reach US$787.6 Million by 2030, growing at a CAGR of 5.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
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.
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.
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 6.3%. The Patient Room Containers segment is also set to grow at 5.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $190.1 Million in 2023, and China, forecasted to grow at an impressive 7.9% CAGR to reach $115.4 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Sharps Containers Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Sharps Containers Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Sharps Containers Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 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, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 56 Featured):
- 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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISJAPANFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
CHINA
EUROPE
ASIA-PACIFIC
AFRICA
Companies Mentioned
- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 251 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 537.3 Million |
| Forecasted Market Value ( USD | $ 787.6 Million |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 14 |
