IMARC Group, a leading market research company, has recently releases report titled “Medical Waste Containers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global medical waste containers market size, growth, share, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Medical Waste Containers
Medical waste containers are specialized containers designed to store and dispose of medical waste safely. They are prepared from durable materials like plastic and metal and are designed to prevent the spread of infectious diseases and protect the public and health workers from exposure to hazardous materials. They also help to reduce the cost and environmental impact of waste disposal by maximizing the use of space and reducing the number of pickups required. Moreover, they reduce the risk of accidental injury from needles, broken glass, and other sharp objects found in medical waste.
How Big Is the Medical Waste Containers Market?
The global medical waste containers market size reached US$ 2,219 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,274 Million by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028.
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What are the growth prospects and trends in the medical waste containers industry?
At present, the rising geriatric population and escalating demand for healthcare services are increasing the need for managing large quantities of medical waste. This represents one of the key factors influencing the market positively across the globe.
In addition, government agencies are implementing stringent regulations for handling, storage, and disposal of medical waste to ensure the safe and compliant disposal of medical waste, which is bolstering the growth of the market. Moreover, key market players are incorporating sensors and monitoring systems to provide real-time data on the fill level and status of the container.
This, along with the increasing attention to infection control measures and proper handling and disposal of medical waste, is stimulating the growth of the market around the world.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type of Waste:
- General Medical Waste
- Infectious Medical Waste
- Hazardous Medical Waste
- Radioactive Medical Waste
Breakup by Product:
- Chemotherapy Containers
- Biohazardous Medical Waste Containers
- Sharps Medical Waste Containers
- Resource Conservation and Recovery Act (RCRA) Containers
Breakup by End User:
- Hospitals and Private Clinics
- Pharmaceutical and Biotechnology Companies and CROs
- Academic Research Institutes
- Diagnostic Laboratories
Breakup by Region:
- 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
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Who are the key players operating in the industry?
The report covers the major market players including:
- 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.
- Therma Fisher Scientific Inc.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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