Global Medical Waste Containers Market Size, Share, Forecast Report, 2020-2027

The global Medical Waste Containers market garnered revenue around USD 1.8 Billion in 2019 and projected to reach USD 2.8 Billion in 2027, with at a compound annual growth rate (CAGR) 5.2% throughout the estimate period from 2020 to 2027.

Medical waste consists of discarded biological products removed from health care facilities. The 1988 Medical Waste Tracking Act defines medical waste as the waste material generated during medical research, testing, diagnosis, immunization, or treatment of either human beings or animals.

Medical waste containers are used by waste generators to collect waste that is generated by health care facilities. They are available in different designs depending upon the type of waste that is to be collected. Containers are defined by specific colors and labels to make them distinguishable from others.

North America dominated the global medical waste containers market in 2019 and the trend is anticipated to continue during the forecast period. Highly structured health care industry, increase in prevalence of major chronic diseases and are expected to drive the market in North America.

Asia Pacific is likely to be a highly lucrative market for medical waste containers and it is expected to expand at a high CAGR during the forecast period

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Medical Waste Containers market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Medical Waste Containers market growth.

The global Medical Waste Containers market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

Key players in the global market include Sharps Compliance, Inc., Henry Schein, Inc., BD, Medtronic, Daniels Health, Bemis Manufacturing Company, Bondtech Corporation, Terra Universal, Inc., Thermo Fisher Scientific, Inc., EnviroTain, LLC, and MAUSER Group and other prominent players.

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

• Global Medical Waste Containers Market, by Product Type
  • Chemotherapy Containers
  • Biohazard Medical Waste Containers
  • RCRA (Resource Conservation and Recovery Act) Containers
  • Pharmaceutical Containers
  • Sharps Containers
    • Patient Room Sharps Containers
    • Phlebotomy Sharps Containers
    • Multipurpose Sharps Containers
  • Global Medical Waste Containers Market, by Waste Type
    • Infectious & Pathological Waste
    • Non-infectious Waste
    • Radioactive Waste
    • Sharps Waste
    • Pharmaceutical Waste
  • Global Medical Waste Containers Market, by Medical Waste Generators
    • Hospitals
    • Clinics & Physicians’ Offices
    • Pharmaceutical Companies
    • Long-term Care & Urgent Care Centers
    • Pharmacies
    • Others
  • Global Medical Waste Containers Market, by Usage Type
    • Disposable Containers
    • Reusable Containers

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • United Kingdom
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA