Sharps Containers Market to Reach US$ 660 Mn by 2025, Growing at 5.8% CAGR During the Assessment Period

A new research study titled “Sharps Containers Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has recently been added to the database of Market Research Reports Search Engine (MRRSE). According to the research study, sharp containers market is likely to witness steady demand and reach US$ 660 Mn by 2025, growing at 5.8% CAGR.

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The research study offers an in-depth analysis on the key factors driving the growth of sharp containers globally. An assessment on the drivers, restraints, opportunities, and trends has been offered to readers. The competitive landscape prevalent in the market has also been analyzed in the market.

According to the research study, demand for sharp containers is likely to be driven by increasing concerns about waste management. Increasing awareness, combined with waste management solutions, are likely to provide an impetus to growth during the assessment period. The focus on offering consumers with feasible and affordable solutions is also likely to provide an impetus to growth of the market during the assessment period.

The report segments the global sharps containers market on the basis of container size, distribution channel, waste generator, usage type, waste type, product type and region. The container size segment is further sub-segmented into 1-2 gallons, 2-4 gallons, 4-8 gallons and other sizes. By distribution channel, the global market is categorized into retail sale, direct sale and online sale. Basis waste generator, the sharps containers market is divided on the basis of pharmacies, long-term care & urgent care centers, pharmaceutical companies, hospitals, clinics & physician’s offices and others. The usage type segment has been bifurcated into disposable containers and reusable containers. The waste type segment categorizes the market as pharmaceutical waste, sharps waste, infectious & pathological waste and non-infectious & other waste. The product type segment has been sub-segmented further as multipurpose containers, phlebotomy containers and patient room containers.

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Geographically, the global market is divided into key regions which are North America, Latin America, Europe, Asia Pacific and Middle East & Africa. North America is likely to be one of the leading markets for sharp containers globally. Asia Pacific is another region where growth is likely to remain steady over the course of the forecast period.

The report profiles some of the leading players operating in the market and some of these players are MAUSER, Bondtech Corporation, EnviroTain, LLC, Bemis Manufacturing Company, Medtronic, Daniels Health, Henry Schein, Inc., Sharps Compliance, Inc. and Becton, Dickinson and Company.

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This release was published on openPR.