Sharps Containers Market size was valued at USD 448.25 Million in 2022 and is expected to reach USD 618.20 Million By 2030 and grow at a CAGR of 4.1% over the forecast period of 2023-2030.
The Sharps Containers Market is witnessing significant growth due to the increasing emphasis on safe disposal of medical waste. With the rising number of healthcare facilities, hospitals, clinics, and laboratories worldwide, there is a growing need for proper containment and disposal of sharps waste such as needles, syringes, lancets, and scalpels.
One of the key factors driving the market is the stringent regulations imposed by regulatory bodies regarding the safe handling and disposal of medical waste. These regulations aim to prevent injuries and infections caused by accidental needlestick injuries or improper disposal practices. As a result, healthcare facilities are increasingly adopting sharps containers to ensure compliance with these regulations and protect both healthcare workers and patients.
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Moreover, the growing awareness among healthcare professionals about the risks associated with improper sharps disposal is also contributing to market growth. Healthcare workers are now more conscious about their own safety as well as that of their patients.
Key Market Segmentation:
- Phlebotomy Containers
- Patient Room Containers
- Multipurpose Containers
By Container Size
- 1-2 Gallons
- 2-4 Gallons
- 4-8 Gallons
- Single-Use Containers
- Reusable Containers
The major Key players are GPC Medical, HenrySchein, Harloff, EnviroTain, BemishHealthcare, Cardinal Health, Becton, Dickinson and Company, BondTech Corporation, Stericycle, Thermo Fischer Scientific. and others the final reports list additional participants.
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