Dublin, June 19, 2023 (GLOBE NEWSWIRE) -- The "Sharps Containers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Sharps Containers estimated at US$510.2 Million in the year 2022, is projected to reach a revised size of US$788.7 Million by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030.
Multipurpose Containers, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$353.5 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Patient Room Containers segment is readjusted to a revised 5.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $181.2 Million, While China is Forecast to Grow at 7.7% CAGR
The Sharps Containers market in the U.S. is estimated at US$181.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$114.9 Million by the year 2030 trailing a CAGR of 7.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 4.8% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 4.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$85 Million by the year 2030.
Select Competitors (Total 56 Featured) -
- Bemis Manufacturing Company
- Bondtech Corporation
- Cardinal Health, Inc.
- EnviroTain
- GPC Medical Ltd.
- Henry Schein, Inc.
- Medtronic PLC
- Sharps Compliance, Inc.
- Stericycle, Inc.
- The Harloff Company, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 251 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $510.2 Million |
| Forecasted Market Value (USD) by 2030 | $788.7 Million |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
- Stagflation and Risk of Recession: New Challenges Emerge for the Global Market in 2022 & 2023
- World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
- How COVID-19 Impacted Healthcare & What's In Store for Future?
- Missed Cancer Diagnosis in U.S. as of June 2020
- % Reduction in OR Volumes in the US: Mar 2020-July 2020
- Cumulative Surgery Cancellations Worldwide (In Million)
- With the COVID-19 Pandemic Exposing Global Healthcare Unpreparedness, There is Increasing Policy Led Focus on Rebooting Health Systems Worldwide: Healthcare Spending as % of GDP (2019 & 2030F)
- COVID-19 and Postponement of Elective Surgeries
- Competitive Scenario
- Sharps Containers - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Global Sharps Containers Market Exudes Signs of Robust Health: Prospects & Outlook
- Sharps Containers Market Sails through the COVID-19 Pandemic
- Analysis by Container Type
- Analysis by Container Size
- Analysis by End-User
- Regional Analysis
- Sharps Containers: Paving Way for Safe Disposal of Medical Waste
- Sharps Disposal Options
- Needle Disposal Systems: Mitigating Injury & Infection Risk
- Reusable Sharps Containers: Making Sense
- Medical Waste Management Issues & Avenues for Sharps Containers
- Hazards and Challenges
- Recent Market Activity
- Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Sharps Containers Demand to Surge as Safe Practices Gain Importance
- Uptrend in Healthcare Spending to Result in Improved Opportunities for Sharps Containers
- World Healthcare Expenditure (In US$ Billion) for the Years 2017, 2019, 2021 & 2023F
- Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023F
- Increasing Prevalence of Chronic & Lifestyle Diseases Enhances Demand for Medical Waste Management
- Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
- Global Number of New Cancer Cases and Cancer-related Deaths by Cancer Site for 2018
- Fatalities by Heart Conditions: Estimated Percentage Breakdown for Cardiovascular Disease, Ischemic Heart Disease, Stroke, and Others
- Global Annual Medical Cost of CVD in US$ Billion: 2010, 2015, 2020, 2025 and 2030
- Rise in Diabetic Population Continues to Drives Demand for Sharps Containers
- World Diabetes and Population Statistics (2019, 2030 & 2045)
- Global Prevalence of Diabetes: Number of Adults Diagnosed with Diabetes (in Million) by Gender for 2019, 2030 and 2045
- World Diabetes Prevalence (2000-2019)
- Top 10 Countries with Highest Number of Adults Diagnosed with Diabetes (in Million) for 2019 and 2045F
- Global Diabetes Mellitus Population Breakdown by Geographic Region: 2019, 2030 and 2045?
- Conscious Disposal of Medical Sharps
- Diabetes Emerges as One of the Leading Causes of Mortality
- Diabetes-Related Deaths as % of Total Deaths in Below 60 Years Population by Region: 2019
- Blood Sugar Lancets Market: Sustained Growth in Demand
- Vulnerability of Growing Geriatric Population to Multiple Diseases Enhances Prospects for Sharps Containers
- Elderly Healthcare Expenditure as a % of GDP
- Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
- Global Population Statistics for the 65+ Age Group by Select Countries: 2019
- Life Expectancy at Age 60 and 80 Years - (2010-2015), (2020-2025) & (2045-2050)
- Epidemic Proportions of Obesity Lead to Increased Focus on Weight Management
- Obesity Facts
- Obesity Prevalence Rate (%) in Select Countries for the Years 2019 and 2030P
- Rise in Number of Surgeries Buoys Growth
- Global Volume of Surgical Procedures (in Million) by Category: 2019
- Growth in the Number of Surgeries in the US for the Period 2010-2020 and 2001-2010 (in %)
- Number of Surgical Procedures (per 100,000 People) in Select Countries
- Younger Population Experiences Early Onset of Diseases Leading to Surgical Intervention
- Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
- Increased Demand for Use of Safety Needles & Insulin Pens in Hospital Settings Drive Sharps Containers Market
- Ambulatory Surgical Centers to Drive Demand for Sharps Disposal Containers
- Waste Disposal Standards and Guidelines to Stimulate Demand for Sharps Containers
- The Soaring Popularity of Reusable Sharps Containers
- Sharps Waste and Proper Needle Disposal: Critical Issue
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/ghlhqt
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
