Uploaded on Dec 23, 2020
Medical waste containers are used for the disposal and management of all types of wastes generated from healthcare activities such as treatments, surgeries, and diagnosis. These containers aid in the collection, storing, handling, and disposal of medical debris, thus reducing spill and exposure risk for laboratory professionals, service workers as well as the common public.
Medical Waste Container Market Size, Industry, Growth, Trends
Medical Waste Container Market
Set to Exceed $2.64 Billion By 2027 | CAGR: 5.9%
“Medical Waste Container Market Share, Size, Trends,
Industry Analysis Report, By Product [Chemotherapy
Containers, Biohazardous Waste Containers, Sharps Waste
Containers, Resource Conservation and Recovery Act
(RCRA) Containers, Other], By Waste Type; By End-Use; and
By Regions; Segment Forecast, 2020 - 2027”
Medical Waste Container Market Estimate & Forecast to 2027
The global medical waste container market size is expected to reach USD 2.64 billion by 2027 according
to a new study by Polaris Market Research.
Medical waste containers are used for the disposal and management of all types of wastes generated
from healthcare activities such as treatments, surgeries, and diagnosis. These containers aid in the
collection, storing, handling, and disposal of medical debris, thus reducing spill and exposure risk for
laboratory professionals, service workers as well as the common public.
The major factors triggering the market growth include an increasing prevalence of infectious and chronic
ailments, rising awareness pertaining to threats of improper disposal of healthcare waste, and a surge in
implementation of stringent rules for the disposal and management of medical debris. For instance,
governing bodies such as the Occupational Safety and Health Administration (OSHA) have set several
guidelines regarding the disposal of healthcare waste.
Moreover, the growing demand for safe and proper disposal of useless remains produced in healthcare
centers especially during the COVID-19 pandemic is augmenting the market growth. Several foremost
market players are increasing the production of medical waste bins and taking additional efforts toward
protective measures to curtail disturbance in waste management.
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Medical Waste Container Market Scope
By Product By Waste-Type By End-Use By Region Report Attributes
Chemotherapy Containers General Hospitals & Private North America Historic year: 2016-2018
Biohazardous Waste Infectious Clinics Europe Base year: 2019
Containers Hazardous Diagnostic Asia Pacific Forecast Year: 2020-2027
Sharps Waste Containers Radioactive Laboratories Latin America Middle East Revenue ((USD Billion)
Resource Conservation Sharps Pharmaceutical and & Africa
and Recovery Act (RCRA) Biotechnology
Containers Companies & CROs
Others Academic Research
Institutes
ReqOutehesrst for sample
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Medical Waste Container Market Estimate & Forecast to 2027
Recently, in June 2020, the U.S. Environment Protection Agency (EPA) has enforced a ‘temporary policy’
for the organizations producing hazardous waste, such as healthcare waste, during the COVID-19
pandemic. Moreover, government bodies in numerous countries are making it compulsory to dispose of
medical waste in specialized containment arrangements to ensure the safety of service workers as well
as the general public. Such trends are contributing to demand growth.
Companies operating in the industry include Medtronic, Sharps Compliance, Inc., Mauser Group, Becton,
Dickinson and Company, Daniels Sharpsmart Inc., Terra Universal, Inc., Bondtech Corporation, Thermo
Fisher Scientific, Inc., Henry Shein, Inc., and EnviroTain. These players are profoundly focusing on the
development of advanced and safe medical waste bins. Moreover, new product launches, mergers &
acquisitions, partnerships, R&D, etc., are a few initiatives taken by these players to obtain market share.
For instance, Daniels Health, a leading supplier of sharps, medical, and biohazardous waste disposal and
clinical product solutions to the U.S. healthcare industry, have invested significant funds in the R&D to
develop the Sharpsmart system which significantly helped decrease injuries owing to sharps medical
instruments and needles.
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Medical Waste Container Market Size
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
for our clientele spread across different enterprises. We at Polaris are obliged to e present across
the industries of healthcare, technology, semi-conductors and chemicals among various other
industries present around the world.
We strive to provide our customers with updated information on innovative technologies, high
growth markets, emerging business environments and latest business-centric applications,
thereby helping them always to make informed decisions and leverage new opportunities. Adept
with a highly competent, experienced and extremely qualified team of experts comprising SMEs,
analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our
customers.
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