Medical Waste Containers Market 2023-2028: Industry Share, Growth and Global Report Forecast

IMARC Group, a leading market research company, has recently releases a report titled "Medical Waste Containers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global medical waste containers market report , share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Medical Waste Containers Market?

The global medical waste containers market size reached US$ 2,219 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,274 Million by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.

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What are Medical Waste Containers?

Medical waste containers are specialized receptacles designed to contain and dispose of medical waste generated in healthcare facilities safely and efficiently. They are widely available in various sizes and designs, tailored to the specific needs of healthcare providers. They are typically color-coded for easy identification and segregation of different types of medical waste. They are often designed with features like leak-resistant seals and odor-locking lids that help contain unpleasant odors associated with medical waste. They play a critical role in ensuring the proper handling and disposal of various types of medical waste, such as infectious materials, sharps, pharmaceuticals, and other biohazardous substances. They are an integral part of healthcare waste management that provides a hygienic and secure solution for collecting, storing, and transporting medical waste from its point of origin to final disposal.

What are the growth prospects and trends in the Medical Waste Containers industry?

At present, the rising adoption of specialized containers for medical waste due to the increasing awareness about infection control and healthcare safety measures represents one of the key factors strengthening the market growth. Moreover, the growing demand for medical waste containers on account of the rising number of hospitals and clinics across the globe is offering a positive market outlook.

In addition, innovations in container design and materials, such as leak-resistant and eco-friendly options, are bolstering the growth of the market. Apart from this, the rising demand for containers to manage the disposal of expired drugs and pharmaceutical waste is offering lucrative growth opportunities to industry players. Furthermore, the increasing utilization of advanced medical waste containers due to improving healthcare facilities around the world is supporting the growth of the market.

In line with this, governing agencies of various countries are implementing stringent regulations for the proper disposal of medical waste, which is propelling the growth of the market. Besides this, the increasing demand for sharps containers due to the rising awareness about needlestick injuries and other healthcare-related hazards is impelling the growth of the market.

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Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type of Waste:
• General Medical Waste
• Infectious Medical Waste
• Hazardous Medical Waste
• Radioactive Medical Waste
• Others

Breakup by Product:
• Chemotherapy Containers
• Biohazardous Medical Waste Containers
• Sharps Medical Waste Containers
• Resource Conservation and Recovery Act (RCRA) Containers
• Others

Breakup by End User:
• Hospitals and Private Clinics
• Pharmaceutical and Biotechnology Companies and CROs
• Academic Research Institutes
• Diagnostic Laboratories
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Some of the Top Key players in the Medical Waste Containers Market

Becton Dickinson and Company
Bemis Manufacturing Company
Bondtech Corporation
Cardinal Health Inc.
Daniels Sharpsmart Inc.
EnviroTain LLC
Henry Schein Inc
Mauser Packaging Solutions
Medegen Medical Products (Inteplast Group Corporation)
Stericycle Inc.
Terra Universal Inc.
Therma Fisher Scientific Inc.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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This release was published on openPR.