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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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Medical Waste
Containers Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028," the global medical waste containers
market size reached US$ 2,219 Million in 2022.
Medical waste containers are generally utilized in healthcare settings for
disposing of medical wastes. They are commonly designed to seal and contain
wastes that are accumulated during medical exploration, therapy of patients,
testing, inoculation and analysis.
They are resistant to chemicals and durable in nature since they are usually
manufactured using high-density plastics or metals. These containers are also
utilized for safely transporting and storing wastes that are produced in
healthcare facilities. As a result, they help in preventing accidental contact
with infectious materials that can be potentially harmful to human health.
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4. Report Description
Global Medical Waste Containers Market Trends:
The global market is primarily driven by significant growth in the healthcare sector. In line with this, the rising
number of healthcare and diagnostic centers across the globe is creating a positive outlook for the market.
Moreover, the escalating need for controlling the transmission of infections and related health hazards is
providing a boost to the market growth. In addition to this, a considerable rise in the number of surgical
processes across hospitals has led to the increasing need for the safe disposal of wastes, which is acting as one
of the key factors driving the growth of the market.
Furthermore, rising investments and funding to conduct extensive research and development (R&D) activities are
favorably impacting the market growth. Additionally, continual improvements in the pharmaceutical infrastructure,
along with the increasing healthcare expenditure across the globe, are also providing a boost to the market
growth. Other factors, including the rising inflow of patients due to the widespread prevalence of chronic
illnesses, the growing geriatric population and continuous product innovations, are further contributing to the
market growth.
Looking forward, the market is anticipated to grow at a CAGR of 6.2% during 2023-2028.
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5. Report
Segmentation
Breakup by Type of Waste:
• General Medical Waste
• Infectious Medical Waste
• Hazardous Medical Waste
• Radioactive Medical Waste
• Others
Breakup by Product:
• Chemotherapy Containers
• Biohazardous Medical Waste Containers
• Sharps Medical Waste Containers
• Resource Conservation and Recovery Act (RCRA)
Containers
• Others
6. Report
Segmentation
Breakup by End User:
• Hospitals and Private Clinics
• Pharmaceutical and Biotechnology Companies and
CROs
• Academic Research Institutes
• Diagnostic Laboratories
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. Competitive
Landscape with
Key Players
• 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.
8. Key Questions
Answered in
the Report
What was the size of the global medical waste containers market in
2022?
What is the expected growth rate of the global medical waste
containers market during 2023-2028?
What are the key factors driving the global medical waste
containers market?
What has been the impact of COVID-19 on the global medical waste
containers market?
What is the breakup of the global medical waste containers market
based on the type of waste?
What is the breakup of the global medical waste containers market
based on the product?
What is the breakup of the global medical waste containers market
based on the end user?
What are the key regions in the global medical waste containers
market?
Who are the key players/companies in the global medical waste
containers market?
9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Medical Waste Containers Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type of Waste
6.1 General Medical W aste
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Infectious Medical W aste
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Hazardous Medical W aste
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
10. Table of
Contents
6.4 Radioactive Medical W aste
6.4.1 Mark et Trends
6.4.2 Mark et Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Mark et Forecast
7 Market Breakup by Product
7.1 Chemotherapy Containers
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Biohazardous Medical W aste Containers
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Sharps Medical W aste Containers
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
7.4 Resource Conservation and Recovery Act (RCRA)
Containers
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
7.5 Others
7.5.1 Mark et Trends
7.5.2 Mark et Forecast
8 Market Breakup by End User
8.1 Hospitals and Private Clinics
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
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market/toc