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Medical Waste Containers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Report Format: PDF+Excel | Report ID: SR112023A5050
Market Overview:
The global medical waste containers market reached a value of US$ 2,056.4 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3,086.1 Million by 2027 exhibiting a CAGR of 6.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Medical waste containers are special containers used to dispose of medical waste produced from healthcare facilities. They are designed to contain and seal medical waste, such as body parts, organs, tissues, items contaminated by blood, medical sharps, biohazardous waste, medication, and radioactive waste that can potentially harm the environment or human health. They are widely utilized to safely store and transport medical waste, prevent contamination, and avoid accidental contact of staff and patients with infectious materials. Depending on the type of waste to be collected, they are color-coded and labeled to distinguish them from others. As a result, medical waste containers find extensive applications in hospitals, veterinary clinics, tattoo parlors, pharmaceutical companies, and other healthcare facilities due to their durability, chemical resistance, and puncture-proof nature.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Medical Waste Containers Market Trends:
The increasing number of hospitals and other healthcare facilities across the globe represents the primary factor driving the market growth. Besides this, the rising awareness regarding the benefits of proper medical waste management for curbing the spread of infections and related health hazards is catalyzing the demand for medical waste containers. Additionally, there has been a significant rise in the volume of diagnostic and lab testing samples due to the widespread prevalence of chronic diseases and the recent onset of coronavirus disease (COVID-19). This, along with the growing cases of hospital-acquired infections (HAI) on account of lack of sanitation and precautions, is accelerating the product adoption rates for proper medical waste disposal to protect against contamination and minimize the risk of illnesses. Furthermore, the implementation of stringent safety and environmental conservation policies by governments of various countries for the containment and proper disposal of waste is also propelling the market growth. Other factors, including the increasing hospital admission rates, growing geriatric population, improving healthcare infrastructure, rising number of surgeries, and extensive research and development (R&D) activities in the pharmaceutical field, are also creating a favorable market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global medical waste containers market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type of waste, product and end user
Breakup by Type of Waste:
- General Medical Waste
- Infectious Medical Waste
- Hazardous Medical Waste
- Radioactive Medical Waste
- Others
Breakup by Product:
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- 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:
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- 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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and Thermo Fisher Scientific Inc.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2021 |
| Historical Period | 2016-2021 |
| Forecast Period | 2022-2027 |
| Units | US$ Million |
| Segment Coverage | Type of Waste, Product, End User, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 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. and Thermo Fisher Scientific Inc. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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