Home > Healthcare > Medical Devices > Medical Supplies > Sharps Containers Market

Sharps Containers Market Trends

  • Report ID: GMI7988
  • Published Date: Jan 2024
  • Report Format: PDF

Sharps Containers Market Trends

Governments around the world are increasingly recognizing the importance of proper disposal of medical waste, including sharps, to ensure public health and environmental safety. Many countries have implemented strict regulations and guidelines for the collection, segregation, transportation, treatment, and disposal of medical waste, especially sharp waste.
 

  • For instance, in the U.S., the Occupational Safety and Health Administration (OSHA) has issued the bloodborne pathogen standard, which requires employers to provide sharps containers and other engineering controls to protect workers from exposure to bloodborne pathogens. Similarly, in the UK, the Health And Safety Executive (HSE) has issued the Health and Safety Regulations 2013, which require employers to provide sharps containers and other safety measures to prevent sharps injuries in healthcare settings.
     
  • Governments implement and enforce regulations related to the proper disposal of medical waste, mandating healthcare facilities to adhere to specific guidelines. Sharps containers, designed to meet regulatory standards, become essential for compliance, and healthcare providers invest in these containers to avoid legal implications.
     
  • Moreover, governments conduct educational programs and awareness campaigns to inform healthcare professionals and the general public about the importance of proper medical waste disposal. These initiatives often highlight the role of sharps containers in preventing injuries, infections, and environmental pollution. Thus, the market is poised for sustained growth over the analysis timeframe.
     
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Sharps containers industry was worth USD 554.4 million in 2023 and is anticipated to expand at 4.5% CAGR from 2024 – 2032 driven by the rising number of surgeries coupled with the increasing volume of medical waste generated globally.

The multipurpose containers segment accounted for over 32.5% share of the market in 2023 and is projected to witness high demand through 2032 attributed to their cost-effectiveness for healthcare facilities.

North America sharps containers industry generated USD 195.4 million in revenue in 2023 and is poised to expand at a robust pace through 2032 owing to the rising number of surgical procedures across various healthcare facilities coupled with stringent regulatory standards for pharmaceutical waste management.

Some of the leading sharps container firms are Becton, Dickinson and Company, BemishHealthcare, BondTech Corporation, Cardinal Health, Inc., EnviroTain, GPC Medical, Harloff, Sharps Medical Waste Services, Stericycle and Thermo Fisher Scientific Inc.

Sharps Containers Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 220
  • Countries covered: 22
  • Pages: 150
 Download Free Sample