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The size of the global Sharps Containers market, which was estimated at USD 430.9 million in 2022, is anticipated to increase from USD 581.89 million in 2023 to USD 3640.99 million by 2030, expanding at a CAGR of 4.9% over the forecast period (2023-2030).
Dangerous piercing equipment are stored in sharps containers, which are specially designed containers, to reduce the risk of damage and the spread of infection. Sharps containers are frequently used to store medical needles and any other pointed medical devices, such as IV catheters. Sharps containers must be sealed, appropriately labeled, and leak-proof. The disposal of biomedical waste is currently the main everyday problem facing medical professionals. Medical waste is disposable trash that is produced by hospitals, drug makers, academic institutions, and other healthcare providers. Among the trash are syringes, needles, contaminated glass, body scrapes, infectious bacteria, blood samples, and other objects. Calculations based on data collected by CPCB via the BWM App, for instance, show that as of May 10, 2021, India has produced approximately 45,954 tonnes of COVID-19 garbage. Since the beginning of the pandemic, 126 tonnes of COVID-19 waste have been generated daily, making up around 20% of the 614 tonnes of biomedical waste that the country generates each day.
Needles, syringes, and other sharp objects can be disposed away safely in sharps containers. The lid normally seals tight, and they are often made of hard plastic. For safe removal of the needle from the syringe before disposal, certain sharps containers have needle removers integrated into them. Two different Sharps container types exist. both reusable and single-use. Plastic single-use containers can be thrown away after each use. Metal or glass reusable containers can be disinfected for multiple uses. The needle/syringe disposal box, which is frequently used in clinics and hospitals, is the most popular kind of Sharps container. Needles and syringes can be placed inside these boxes' hinged lids without being touched.
Due to a growth in diagnostic and clinical testing, the global Sharps containers market is predicted to grow during the forecast period. Sharps containers market expansion is also fueled by tighter government restrictions regarding the disposal of medical waste during the course of the projected period. However, there are several restrictions that could prevent market expansion, including a lack of knowledge about medical waste disposal and insufficient training for hospital staff about the disposal of sharps containers. On the other hand, it is anticipated that the main company would have opportunities in the sharps containers market due to the rise in surgeries performed around the world and the demand for sharps containers.
The sharps container market is divided into segments based on type, container size, application, and geography. The market is divided into patient room containers, phlebotomy containers, and multifunctional containers on the basis of type. It is divided into three categories based on container size: 1-2 gallons, 2-4 gallons, and 4-8 gallons. It is divided into single-use containers and reusable containers based on usage. Additionally, the market is examined throughout North America, Europe, Asia-Pacific, and LAMEA on a regional basis.
Containers used for disposing of biological waste and other medical waste are referred to as sharps containers. These are especially meant to be used with dangerous instruments. These containers are composed of plastic to reduce the risk of infection or injury. Needles and syringes can be kept in sharps containers along with many other things. The design of these containers is intended to be leak-proof and puncture-resistant, facilitating safe and simple disposals, which is anticipated to benefit the global market for sharps containers in the years to come.
Regulatory organizations recommend using sharps containers to dispose of dangerous waste swiftly. Sharps containers can be purchased from standard pharmacies, healthcare organizations, medical supply businesses, and other websites. For the safe disposal of biohazardous material, which demands injury-free disposal, sharps containers are used.
Due to the COVID-19 immunization, the COVID-19 pandemic had a favorable effect on the sharps containers market in 2020. Workflows in the healthcare industry have been hampered by the COVID-19 pandemic around the world. A number of companies, including some parts of the health care industry, have been forced to temporarily close their doors as a result of the sickness. The demand for sharps containers has increased as a result of the growth in demand for various medical services, including syringe, needle, and other sharps disposal. The pandemic is anticipated to have a beneficial effect on the expansion of the sharps containers since medical disposables such syringes and needles are essential for the distribution of the corona vaccination. Additionally, the COVID-19 immunization produces a lot of sharps waste during pandemics, necessitating the use of sharps containers to dispose of these wastes.
Use biomedical waste containers, which have proven to be helpful in this regard, to safely dispose of sharp objects such as needles, syringes, lancets, and other items. The container is made of durable plastic that can survive repeated use after disinfection. Sharps containers come in a variety of shapes and sizes, and each one has a particular function. In order to create disposable containers that are safe for the environment, companies are always focused on adhering to the regulations set forth by the government. The sharps container market is particularly competitive since so many start-ups, small enterprises, and large corporations have entered it in an effort to provide usable and infection-free sharps containers. This will probably benefit the global market in the short term. Strict government rules have compelled lower-income countries to adopt disposable containers, increasing their demand, which is anticipated to fuel market expansion throughout the course of the forecast period.
Report Coverage
Global Sharps Containers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Sharps Containers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Sharps Containers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Sharps Containers market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Sharps Containers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Sharps Containers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BemishHealthcare, Dickinsons and Company, Cardinal Health, HenrySchein, Harloff, Bondtech Corporation, Thermo Fisher Scientific Inc., Henry Schein, Inc., MAUSER Group, Stericycle Inc., EnviroTain, LLC, GPC Medical Ltd, Becton, Dickinson, and Company, and Daniels Sharpsmart Inc., Sharps Compliance, Medtronic, MarketLab, Medu-Scientific, Dailymag Magnetics.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Sharps Containers market based on the below-mentioned segments:
Global Sharps Containers Market, By Type
Patient Room Containers
Phlebotomy Containers
Multipurpose Containers
Global Sharps Containers market, By Container Size
1-2 Gallons
2-4 Gallons
4-8 Gallons
Global Sharps Containers Market, By Usage
Single-Use Containers
Reusable Containers
Global Sharps Containers market, Regional Analysis
Dangerous piercing equipment are stored in sharps containers, which are specially designed containers, to reduce the risk of damage and the spread of infection. Sharps containers are frequently used to store medical needles and any other pointed medical devices, such as IV catheters. Sharps containers must be sealed, appropriately labeled, and leak-proof. The disposal of biomedical waste is currently the main everyday problem facing medical professionals. Medical waste is disposable trash that is produced by hospitals, drug makers, academic institutions, and other healthcare providers. Among the trash are syringes, needles, contaminated glass, body scrapes, infectious bacteria, blood samples, and other objects. Calculations based on data collected by CPCB via the BWM App, for instance, show that as of May 10, 2021, India has produced approximately 45,954 tonnes of COVID-19 garbage. Since the beginning of the pandemic, 126 tonnes of COVID-19 waste have been generated daily, making up around 20% of the 614 tonnes of biomedical waste that the country generates each day.
Needles, syringes, and other sharp objects can be disposed away safely in sharps containers. The lid normally seals tight, and they are often made of hard plastic. For safe removal of the needle from the syringe before disposal, certain sharps containers have needle removers integrated into them. Two different Sharps container types exist. both reusable and single-use. Plastic single-use containers can be thrown away after each use. Metal or glass reusable containers can be disinfected for multiple uses. The needle/syringe disposal box, which is frequently used in clinics and hospitals, is the most popular kind of Sharps container. Needles and syringes can be placed inside these boxes' hinged lids without being touched.
Due to a growth in diagnostic and clinical testing, the global Sharps containers market is predicted to grow during the forecast period. Sharps containers market expansion is also fueled by tighter government restrictions regarding the disposal of medical waste during the course of the projected period. However, there are several restrictions that could prevent market expansion, including a lack of knowledge about medical waste disposal and insufficient training for hospital staff about the disposal of sharps containers. On the other hand, it is anticipated that the main company would have opportunities in the sharps containers market due to the rise in surgeries performed around the world and the demand for sharps containers.
The sharps container market is divided into segments based on type, container size, application, and geography. The market is divided into patient room containers, phlebotomy containers, and multifunctional containers on the basis of type. It is divided into three categories based on container size: 1-2 gallons, 2-4 gallons, and 4-8 gallons. It is divided into single-use containers and reusable containers based on usage. Additionally, the market is examined throughout North America, Europe, Asia-Pacific, and LAMEA on a regional basis.
Containers used for disposing of biological waste and other medical waste are referred to as sharps containers. These are especially meant to be used with dangerous instruments. These containers are composed of plastic to reduce the risk of infection or injury. Needles and syringes can be kept in sharps containers along with many other things. The design of these containers is intended to be leak-proof and puncture-resistant, facilitating safe and simple disposals, which is anticipated to benefit the global market for sharps containers in the years to come.
Regulatory organizations recommend using sharps containers to dispose of dangerous waste swiftly. Sharps containers can be purchased from standard pharmacies, healthcare organizations, medical supply businesses, and other websites. For the safe disposal of biohazardous material, which demands injury-free disposal, sharps containers are used.
Due to the COVID-19 immunization, the COVID-19 pandemic had a favorable effect on the sharps containers market in 2020. Workflows in the healthcare industry have been hampered by the COVID-19 pandemic around the world. A number of companies, including some parts of the health care industry, have been forced to temporarily close their doors as a result of the sickness. The demand for sharps containers has increased as a result of the growth in demand for various medical services, including syringe, needle, and other sharps disposal. The pandemic is anticipated to have a beneficial effect on the expansion of the sharps containers since medical disposables such syringes and needles are essential for the distribution of the corona vaccination. Additionally, the COVID-19 immunization produces a lot of sharps waste during pandemics, necessitating the use of sharps containers to dispose of these wastes.
Use biomedical waste containers, which have proven to be helpful in this regard, to safely dispose of sharp objects such as needles, syringes, lancets, and other items. The container is made of durable plastic that can survive repeated use after disinfection. Sharps containers come in a variety of shapes and sizes, and each one has a particular function. In order to create disposable containers that are safe for the environment, companies are always focused on adhering to the regulations set forth by the government. The sharps container market is particularly competitive since so many start-ups, small enterprises, and large corporations have entered it in an effort to provide usable and infection-free sharps containers. This will probably benefit the global market in the short term. Strict government rules have compelled lower-income countries to adopt disposable containers, increasing their demand, which is anticipated to fuel market expansion throughout the course of the forecast period.
Report Coverage
Global Sharps Containers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Sharps Containers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Sharps Containers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Sharps Containers market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | BemishHealthcare, Dickinsons and Company, Cardinal Health, HenrySchein, Harloff, Bondtech Corporation, Thermo Fisher Scientific Inc., Henry Schein, Inc., MAUSER Group, Stericycle Inc., EnviroTain, LLC, GPC Medical Ltd, Becton, Dickinson, and Company, and Daniels Sharpsmart Inc., Sharps Compliance, Medtronic, MarketLab, Medu-Scientific, Dailymag Magnetics. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Sharps Containers Market from 2021 to 2030.
- Market Forecast for Sharps Containers Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Sharps Containers competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Sharps Containers
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Sharps Containers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Sharps Containers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BemishHealthcare, Dickinsons and Company, Cardinal Health, HenrySchein, Harloff, Bondtech Corporation, Thermo Fisher Scientific Inc., Henry Schein, Inc., MAUSER Group, Stericycle Inc., EnviroTain, LLC, GPC Medical Ltd, Becton, Dickinson, and Company, and Daniels Sharpsmart Inc., Sharps Compliance, Medtronic, MarketLab, Medu-Scientific, Dailymag Magnetics.
Primary Target Market
- Market Players of Sharps Containers
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Sharps Containers market based on the below-mentioned segments:
Global Sharps Containers Market, By Type
Patient Room Containers
Phlebotomy Containers
Multipurpose Containers
Global Sharps Containers market, By Container Size
1-2 Gallons
2-4 Gallons
4-8 Gallons
Global Sharps Containers Market, By Usage
Single-Use Containers
Reusable Containers
Global Sharps Containers market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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