Pune, India, April 22, 2021 (GLOBE NEWSWIRE) – The growing need for efficient waste management is a key factor driving the global “sharp container market“, Says Fortune Business Insights in a report titled” Sharp container market size, share and industry analysis, by product type (multipurpose containers, patient room containers, phlebotomy containers), by waste producers (hospitals, other healthcare providers, pharmacies , academic institutions) and research institutes, pharmaceutical companies and others), by use (reusable containers and disposable containers), by type of waste (sharp waste, infectious waste, non-infectious waste and pharmaceutical waste), by size (1- 2 gallons, 2–4 gallons, 4–8 gallons and others) and regional forecast, 2019-2026. ”
The global sharp object container market is estimated at $ 449.1 million in 2018, and is expected to reach $ 624.1 million by 2026 with a CAGR of 4.2%. According to the report, growing awareness of hazardous waste is expected to help grow the global sharp container market. For example, according to the World Health Organization, 16 million injections are used worldwide each year, but they lack adequate disposal. In addition, of the total medical waste produced, 85% consists of general, non-hazardous waste and 15% of hazardous waste. This generated waste contains harmful microorganisms that pose a threat to the environment as well as healthcare professionals.
Request a sample copy of the research report
The report focuses on providing the best information, an explanatory study consisting of various aspects enabling the competencies of key players to remain consistent in the global sharp object container market. The report also details recent innovations and industrial developments in the global sharps container market
Growing government initiatives related to medical waste management will enable growth
The growing need for efficient medical waste management is expected to increase revenue in the global sharps container market over the forecast period. Growing government efforts to implement guidelines for the efficient disposal of medical waste will spur the growth of the global sharps container market. For example, the World Health Organization (WHO), along with other regulatory bodies in countries around the world, has set standard guidelines for the disposal and management of biomedical waste. It has become a mandate for all pharmaceutical companies, research institutes, hospitals and other health care providers to adhere to a set of guidelines given by governing bodies.
Please visit: https://www.fortunebusinessinsights.com/industry-reports/sharps-containers-market-101499
PureWay’s partnership with safe needle disposal will favor growth
PureWay, a health-focused organization specializing in medical waste management and compliance solutions, has announced its partnership with Safe Needle Disposition, a nonprofit organization dedicated to educating the public about safe needle disposal programs. Sharp blade injectors at home will provide access to user-friendly information and regulatory experts to help answer all their sharp blade questions. They will also dispose of needles responsibly and affordably with the new Needle Disposal. The introduction of At-home sharps injectors will support the growth of global sharps containers over the forecast period.
In addition, the acquisition of Daniels Healthcare Group by MAUSER is expected to create new growth opportunities in the global sharps container market. For example, the MAUSER Group announced the acquisition of the Daniels Healthcare Group. Daniels Healthcare manufactures and sells medical waste containers for hospitals, clinics and the clinical waste industry.
The market for fast purchases of containers for sharp products
The main players operating in the global sharp object container market are:
- Sharps Compliance, Inc.
- EnviroTain, LLC.
- Bondtech Corporation
- MAUSER Group
- Daniels Healthcare Group
- Henry Schein, Inc.
- Thermo Fisher Scientific Inc.
- GPC Medical
- Other prominent players
Do you have any questions? Ask our experts
- Scope of research
- Market segmentation
- Research methodology
- Definitions and assumptions
- Market dynamics
- Market drivers
- Market restrictions
- Market opportunities
- Key insights
- Price analysis – for key countries
- Overview of the adoption / use of sharps containers – for key countries
- Review of guidelines for the disposal of medical and hazardous waste
- Key industrial developments – mergers, acquisitions and partnerships, 2018
Get your custom research report:
See related reports:
Diabetic foot ulcer treatment market Analysis of the impact on the size, proportion and Covid-19, by type of ulcer (neuropathic ulcer, ischemic ulcer, neurochemical ulcer), by product (wound dressings, wound care devices, active therapies, etc.), by end user (Hospitals, clinics, outpatient surgical centers and home care settings) and regional forecast, 2020-2027.
Adult Diaper Market Analysis of size, share and industry, by product type (underwear and briefs, pillows and protectors and drop collectors and bed protectors), by gender (male and female) by distribution channel (institutional sales, retail stores and network channels) and regional Forecast , 2019-2026
Colorectal cancer therapy market Analysis of size, share and industry, by therapy (targeted therapy, immunotherapy, chemotherapy, other), by type of cancer (colorectal adenocarcinoma, gastrointestinal carcinoid tumors, other), by distribution channel (hospital pharmacies, retail pharmacies, online pharmacies, other) and Regional forecast, 2019-2026
Spinal cord stimulation market Analysis of the effect on size, proportion and COVID-19, by product (rechargeable and non-rechargeable), by disease indication (failed back surgery syndrome (FBSS), degenerative disc disease (DDD), complex regional pain syndrome (CRPS), arachnoiditis and Others) According to end users (hospitals, outpatient surgery centers and special clinics) and regional forecast, 2020-2027.
Fortune Business Insights ™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions to our clients, helping them address challenges that are specific to their business. Our goal is to empower our customers with holistic market intelligence, giving a detailed overview of the market in which they operate.
Our reports contain a unique combination of tangible insights and qualitative analysis that help companies achieve sustainable growth. Our team of experienced analysts and advisors uses leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights, we want to highlight the most lucrative growth opportunities for our clients. We therefore provide them with recommendations, making it easier for them to move through technological and market changes. Our consulting services are designed to help organizations identify hidden opportunities and understand the prevailing competitive challenges.
Fortune Business Insights ™ Pvt. Ltd.
308, Supreme Staff,
Survey no. 36, Banner,
Pune – 411045, Maharashtra, India.
USA: +1 424 253 0390
United Kingdom: +44 2071 939123
APAC: +91 744 740 1245
LinkedIn |. | Twitter |. | Blogs
Media Release: https://www.fortunebusinessinsights.com/press-release/sharps-containers-market-9287