Press release
Sharps Containers Market Size, Global Trend and Industry Analysis By Applications and Leading Companies, Forecast By 2027
The increasing need for effective waste management is a key factor driving the global sharps containers, says Fortune Business Insights in a report, titled “Sharps Containers Market Size, Share & Industry Analysis, By Product Type (Multipurpose Containers, Patient Room Containers, Phlebotomy Containers), By Waste Generators (Hospitals, Other Healthcare Providers, Pharmacies, Academic & Research Institutes, Pharmaceutical Companies, and Others), By Usage (Reusable Containers, and Single Use Containers), By Waste Type (Sharps Waste, Infectious Waste, Non-infectious Waste, and Pharmaceutical Waste), By Size (1–2 Gallons, 2–4 Gallons, 4–8 Gallons and Others) and Regional Forecast, 2019-2026.” The global sharps containers market was valued at USD 449.1 Million in 2018 and is expected to reach USD 624.1 Million by 2026 at a CAGR of 4.2%.Get Sample PDF Brochure @ https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/sharps-containers-market-101499
As per the report, the rising awareness regarding hazardous waste is expected to aid the growth of the global sharps containers market. For instance, according to World Health Organization, every year, 16 million injections are used worldwide but lack proper disposal of the same. Additionally, out of the total medical waste generated, 85% consists of general, non-hazardous waste and 15% of hazardous waste. This generated waste contains harmful microorganisms that pose a threat to the environment as well as to the healthcare professionals.
The report is focused on offering the best information, an explanatory study consisting of various aspects enabling key players the competence to remain consistent in the global sharps containers market. The report also discusses in-depth about the recent innovations and industrial development in the global sharps containers market.
Rising Government Initiatives Regarding Medical Waste Management Will Enable Growth
The rising need for effective medical waste management is expected to boost the global sharps containers market revenue during the forecast period. The increasing government efforts in implementing guidelines for effective disposal of medical waste will stimulate the growth of the global sharps containers market. For instance, World Health Organization (WHO) along with other regulatory bodies in the countries worldwide, have set standard guidelines for disposal and management of biomedical waste. It has become a mandate for all the pharmaceutical companies, research institutes, hospitals, and other healthcare providers to comply with the set of guidelines given by the governing bodies.
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Key Segmentation:
By Product Type
Multipurpose Containers
Patient Room Containers
Phlebotomy Containers
By Waste Generators
Hospitals
Other Healthcare Providers
Pharmacies
Academic & Research Institutes
Pharmaceutical Companies
Others
By Usage
Reusable Containers
Single Use Containers
By Waste Type
Sharps Waste
Infectious Waste
Non-infectious Waste
Pharmaceutical Waste
By Size
1–2 Gallons
2–4 Gallons
4–8 Gallons
Others
By Region
North America (U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Partnership of PureWay With Safe Needle Disposal Will Favor Growth
PureWay, a health-focused organization specializing in medical waste management and compliance solutions, announced its partnership with Safe Needle Disposal, a non-profit devoted to educating the public about safe needle disposal programs. At-home sharps injectors will give access to a user-friendly informational resource and regulatory experts to help answer all their sharps-related questions. It will also responsibly and affordably dispose of needles with new Safe Needle Disposal. The introduction of At-home sharps injectors will support the global sharps containers growth during the forecast period.
Furthermore, the acquisition of Daniels Healthcare Group by MAUSER is expected to create new growth opportunities for the global sharps containers market. For Instance, MAUSER Group announced the acquisition of Daniels Healthcare Group. Daniels Healthcare manufactures and markets medical waste containers for hospitals, surgeries, and the clinical waste industry.
The major players operating in the global sharps containers market are:
Sharps Compliance, Inc.
EnviroTain, LLC.
Bondtech Corporation
MAUSER Group
Daniels Healthcare Group
Henry Schein, Inc.
Thermo Fisher Scientific Inc.
Stericycle
GPC Medical
Other Prominent Players
Table of Content from sharps containers market:
Introduction of sharps containers market
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
Executive Summary
Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
Key Insights
4.1 Pricing Analysis - For Key Countries
4.2 Adoption/Usage Overview of Sharps Containers - For Key Countries
4.3 Guidelines overview for medical and hazardous waste disposal
4.4 Key Industry Developments - Mergers, Acquisitions, and Partnerships, 2018
Global Sharps Containers Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Product Type
5.2.1 Multipurpose Containers
5.2.2 Patient Room Containers
5.2.3 Phlebotomy Containers
5.3. Market Analysis, Insights and Forecast – By Waste Generators
5.3.1 Hospitals
5.3.2 Other Healthcare Providers
5.3.3 Pharmacies
5.3.4 Academic & Research Institutes
5.3.5 Pharmaceutical Companies
5.3.6 Others
5.4 Market Analysis, Insights and Forecast – By Usage
5.4.1 Reusable Containers
5.4.2 Single Use Containers
5.5. Market Analysis, Insights and Forecast – By Waste Type
5.5.1 Sharps Waste
5.5.2 Infectious Waste
5.5.3 Non-infectious Waste
5.5.4 Pharmaceutical Waste
5.6. Market Analysis, Insights and Forecast – By Size
5.6.1 1-2 Gallons
5.6.2 2-4 Gallons
5.6.3 4-8 Gallons
5.6.4 Others
5.7. Market Analysis, Insights and Forecast – By Region
5.7.1 North America
5.7.2 Europe
5.7.3 Asia pacific
5.7.4 Latin America
5.7.5 Middle East & Africa
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Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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