Medical Waste Containers Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2020 to 2026

Published on : May-2020 | List of Tables : 36 | List of Figures : 92 | No. of Pages : 170 | Report Code : FACT4819MR | Format :

Global Medical Waste Containers Market Size and Outlook:

Medical waste management is an important global issue. Various organizations, such as the Food and Drug Administration (FDA), the Environmental Protection Agency (EPA) and the Drug Enforcement Administration (DEA) are continuously working towards proper management of medical waste. Besides, a number of non-governmental and community-based organizations are participating in assisting hospitals and other healthcare facilities to recycle, collect and disposal of medical waste.

The EPA estimates that the United States of America is the largest producer of medical waste in the world. Based on these abovementioned trends, the global medical waste containers market is poised to register steady growth during the forecast period (2020-2026), expanding at a CAGR of 5.1%.

Global Medical Waste Containers Market Analysis by Waste-type:

The non-infectious medical waste segment is projected to leverage the global medical waste containers market during the forecast period. The usage and disposal of medical utilities such as IV bags has received an uptick in recent yearrs. This is poised to augment the medical waste containers market. The non-infectious waste segment is set to account for more than two-fifths of the overall medical waste containers market.

However, pharmaceutical waste shall capture the second-largest market share, amounting to a little over two-fifth of the global medical waste containers market. High amounts of drug wastage and growing awareness about safe drug disposal are key factors augmenting the growth of the pharmaceutical waste segment.

medical waste containers market revenue forecast by waste type

Our analysts have carved out the latest insights on COVID-19 impact on the medical waste containers market. To know more, ask an analyst here

Global Medical Waste Containers Market Analysis by Region

The North American medical waste containers market is anticipated to expand modestly at a CAGR of 5.0% during the forecast period. It shall capture a market share of more than two-fifths of the medical waste containers market. The Asia-Pacific region is set to expand positively at a CAGR of 6.1% throughout the forecast period, capturing nearly one-fifth of the global medical waste containers market.

Growth in North America is attributed to a highly developed healthcare sector, rise in prevalence of infectious and chronic diseases requiring advanced medical and surgical aids, generation of copious amounts of medical waste and presence of important market players. Increasing awareness about medical waste management, in pharmaceutical sectors in emerging economies and prevalence of strict regulations regarding medical waste disposal are key growth drivers of the Asia-Pacific market.

medical waste containers market growth forecast by region

To get the latest regional insights on the medical waste containers market, request for a report sample here

Global Medical Waste Containers Manufacturers Strategies: Heroic Pursuit of Innovation on the Frontline of Pandemic

The global medical waste containers market is fragmented. Some important market players involved in the production of medical waste containers are Covidien plc (Medtronic), Daniels Health, Sharps Compliance, Inc. Becton Dickinson and Company, Thermo Fisher Scientific, Bemis Manufacturing Company, Mauser and Stericycle among others.

The key market players are concentrating on the creation of a strong brand through product innovation. For example, Daniels Health invested considerable funds spread over a period of five years of research and development to develop the Sharpsmart system which greatly helped reduce injuries due to sharps and needles.

Likewise, Sharps Compliance, Inc., offers a comprehensive portfolio of waste management solutions including brands such as Sharps Recovery System, MEDSAFE, TakeAway Recycle System and Sharpsecure. Its products also include the 1-quart Sharps Collection Containers.

COVID-19’s Impact on Medical Waste Containers Market:

The coronavirus pandemic has generated an upward trend in the medical waste containers market. The importance of safe, secure and hazard-free disposal of medical waste has never been more important. As the number of COVID-19 positive patients continue rising, hospitals and clinics are revving up their efforts to maintain a sterile environment in order to prevent further spread of the virus. Moreover, the amount of medical waste generated from the patients has been increasing, accelerating the demand for medical waste containers. Additionally, mandatory guidelines issued by governments worldwide for the proper handling and disposal of medical waste have prompted healthcare practitioners to invest more in procuring waste containers.

Prominent market players such as Daniels Health are playing an important role in mitigating the adverse effects of the pandemic. Besides augmenting production of medical waste containers, Daniels also provides assistance to healthcare providers by issuing guidelines for the collection and disposal of COVID-19 medical waste. Classified as Category-B waste, it does not require special handling and is to be managed in the same manner as regular waste. The company, in its guidelines, urges healthcare settings to observe basic precautionary steps which include tying up waste bags, disposal in rigid containers and proper sealing of dustbin lids. Moreover, Daniels’ staff is observing basic hygiene practices to ensure minimal disruptions in their services. Its supply chain has also been made more robust in order to accelerate waste disposal containers production.

Analyst’s Viewpoint:

“Development of  innovative medical waste disposal techniques owing to increasing volume of medical waste generation have provided leverage to the medical waste containers market. The COVID-19 pandemic has added further impetus to market growth, compelling market players to accelerate production cycles and strengthen supply chains.”

Global Medical Waste Containers Market: Report Scope:

The recent study undertaken by Fact.MR on the medical waste containers market incorporates a 6-year forecast period, ranging from 2020 to 2026. The report explicates on vital dynamics such as the drivers, restraints and opportunities impacting the growth of the medical waste containers market. A detailed segment-wise analysis of the market’s growth and revenue has been incorporated within the scope of this report. Market segmentation has been done on the basis of product type, waste type, usage type and medical waste generators.

Each of the abovementioned segment has been profiled within a regional landscape across five geographies (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa). In addition, a competitive landscape highlighting key players’ revenue and market shares, collaborations with other players, expansion strategies and future growth prospects by virtue of individual SWOT analyses, has been embedded within the purview of this report.  

Global Medical Waste Containers Market- Scope of the Report

The recent study by Fact.MR on global medical waste containers market offers a 6-year forecast between 2020 and 2026. The study analyzes crucial trends that are currently determining the growth of global medical waste containers market. This report explicates on vital dynamics such as the drivers, restraints and opportunities for key market players along with key stakeholders as well as emerging players associated with the manufacturing of medical waste containers. The study also provides dynamics that are responsible for influencing the future status of the global medical waste containers market over the forecast period.

A detailed assessment of the global medical waste containers market value chain analysis, business execution, and supply chain analysis across the regional markets has been covered in the report. A list of prominent companies operating in the global medical waste containers market along with their product portfolio enhances the reliability of this comprehensive research study.

Global Medical Waste Containers Market: Report Summary

The study offers a comprehensive analysis on diverse features including production capacities, demand, product developments, revenue generation and sales in global medical waste containers market across the globe.

A comprehensive estimate of the global medical waste containers market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of the global medical waste containers during the forecast period. Price point comparison by region with global average price is also considered in the study.

Global Medical Waste Containers: Market Segmentation

Fact.MR has studied the global medical waste containers market with detailed segmentation on the basis of product type, waste type, usage type, medical waste generators and region.

Product Type

Waste Type

Usage Type

Medical Waste Generators

Region

Chemotherapy Containers

Infectious & Pathological Waste

Disposable Containers

Hospitals

North America

Biohazard Medical Waste Containers

Non-infectious Waste

Reusable Containers

Clinics & Physicians’ Offices

Europe

RCRA (Resource Conservation and Recovery Act) Containers

Radioactive Waste

 

Pharmaceutical Companies

Asia Pacific

Pharmaceutical Containers

Sharps Waste

 

Long Term Care & Urgent Care Centers

Latin America

Sharps Containers:

Patient Room Sharps Containers

Phlebotomy Sharps Containers

Multipurpose Sharps Containers

Pharmaceutical Waste

 

Pharmacies

Middle East & Africa (MEA)

 

 

 

Others

 

“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”

Global Medical Waste Containers Market: Analysis on Market Size Evaluation

The global medical waste containers market has been analyzed for each market segment, in terms of value (US$ Mn).

Market estimates at global and regional levels for bentonite is available in terms of “US$ Mn” for value and thousand units for volume. A Y-o-Y growth contrast on prominent medical waste containers market segments, along with market attractiveness evaluation has been incorporated in the report.

Global Medical Waste Containers Market: Inspected Assessment on Regional Segments

Key sections have been elaborated in the global medical waste containers report, which have helped to deliver projection on the regional markets. These chapters include the regional macros (economic, and business environment outlook), which are expected to have a momentous influence on the growth of the global medical waste containers market during the forecast period.

Country-specific valuation on demand for medical waste containers has been offered for each regional market, along with the market scope, estimate and forecast, price index, and impact analysis of dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.

Detailed breakup in terms of value & volume for emerging countries has also been included in the report.

Global Medical Waste Containers Market: In-Depth Analysis on Competitive Landscape

The report sheds light on the leading manufacturers of global medical waste containers along with their detailed profiles. Essential and up-to-date data and information related to the market performers, who are principally engaged in the production of global medical waste containers, has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits the report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which includes essentials such as product portfolio, key strategies along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through the matrix for all the prominent players thus providing the readers with actionable insights, which helps in thoughtfully presenting market status, and predicting the competition level in the global medical waste containers market. Prominent manufacturers with established market presence in the global medical waste containers market are Covidien plc (Medtronic), Sharps Compliance, Inc. Becton Dickinson and Company, Thermo Fisher Scientific, Bemis Manufacturing Company, Mauser, Stericycle, etc.

1. Preface

    1.1. Market Definition and Scope

    1.2. Market Segmentation

    1.3. Key Research Objectives

    1.4. Research Highlights

2. Assumptions and Research Methodology

3. Executive Summary: Global Medical Waste Containers Market

4. Market Overview

    4.1. Introduction

        4.1.1. Product Type Definition

        4.1.2. Industry Evolution / Developments

    4.2. Overview

    4.3. Market Dynamics

        4.3.1. Drivers

        4.3.2. Restraints

        4.3.3. Opportunity

        4.3.4. Trends

    4.4. Global Medical Waste Containers Market Analysis and Forecasts, 2020–2026

        4.4.1. Market Revenue Projections (US$ Mn)

    4.5. Porter’s Five Force Analysis

    4.6. Market Outlook

    4.7. Mergers and Acquisition Overview: Medical Waste Management Market

    4.8. Opportunity Analysis: Key Insights

    4.9. Recent Developments: Advances in Product Development

    4.10. Regulatory Scenario, by Key Region/Countries

5. Global Medical Waste Containers Market Analysis and Forecasts, by Product Type 

    5.1. Introduction & Definition

    5.2. Key Findings / Developments

    5.3. Market Value Forecast, by Product Type, 2020–2026

        5.3.1. Chemotherapy Containers

        5.3.2. Biohazard Medical Waste Containers

        5.3.3. RCRA Containers

        5.3.4. Sharp Containers

            5.3.4.1. Patient Room Sharp Containers

            5.3.4.2. Phlebotomy Sharp Containers

            5.3.4.3. Multipurpose Sharp Containers

        5.3.5. Pharmaceutical Containers

    5.4. Market Attractiveness, by Product Type 

6. Global Medical Waste Containers Market Analysis and Forecasts, by Waste Type 

    6.1. Introduction & Definition

    6.2. Key Findings / Developments

    6.3. Market Value Forecast, by Waste Type, 2020–2026

        6.3.1. Infectious & Pathological Waste

        6.3.2. Non-infectious Waste

        6.3.3. Radioactive Waste

        6.3.4. Sharps Waste

        6.3.5. Pharmaceutical Waste

    6.4. Market Attractiveness, by Waste Type 

7. Global Medical Waste Containers Market Analysis and Forecasts, by Medical Waste Generators 

    7.1. Introduction & Definition

    7.2. Key Findings / Developments

    7.3. Market Value Forecast, by Medical Waste Generators, 2020–2026

        7.3.1. Hospitals

        7.3.2. Clinics & Physicians' Offices

        7.3.3. Pharmaceutical Companies

        7.3.4. Long-term Care & Urgent Care Centers

        7.3.5. Pharmacies

        7.3.6. Others

    7.4. Market Attractiveness, by Medical Waste Generators 

8. Global Medical Waste Containers Market Analysis and Forecasts, by Region

    8.1. Key Findings

    8.2. Market Value Forecast, by Region

        8.2.1. North America 

        8.2.2. Europe 

        8.2.3. Asia Pacific 

        8.2.4. Latin America 

        8.2.5. Middle East & Africa 

    8.3. Market Attractiveness, by Country/Region

9. North America Medical Waste Containers Market Analysis and Forecast

    9.1. Introduction

        9.1.1. Key Findings

    9.2. Market Value Forecast, by Product Type, 2020–2026

        9.2.1. Chemotherapy Containers

        9.2.2. Biohazard Medical Waste Containers

        9.2.3. RCRA Containers

        9.2.4. Sharp Containers

            9.2.4.1. Patient Room Sharp Containers

            9.2.4.2. Phlebotomy Sharp Containers

            9.2.4.3. Multipurpose Sharp Containers

        9.2.5. Pharmaceutical Containers

    9.3. Market Value Forecast, by Waste Type, 2020–2026

        9.3.1. Infectious & Pathological Waste

        9.3.2. Non-infectious Waste

        9.3.3. Radioactive Waste

        9.3.4. Sharps Waste

        9.3.5. Pharmaceutical Waste

    9.4. Market Value Forecast, by Medical Waste Generators, 2020–2026

        9.4.1. Hospitals

        9.4.2. Clinics & Physicians' Offices

        9.4.3. Pharmaceutical Companies

        9.4.4. Long-term Care & Urgent Care Centers

        9.4.5. Pharmacies

        9.4.6. Others

    9.5. Market Value Forecast, by Country, 2020–2026

        9.5.1. U.S. 

        9.5.2. Canada

    9.6. Market Attractiveness Analysis 

        9.6.1. By Product Type 

        9.6.2. By Waste Type 

        9.6.3. By Medical Waste Generators 

        9.6.4. By Country

10. Europe Medical Waste Containers Market Analysis and Forecast

    10.1. Introduction

        10.1.1. Key Findings

    10.2. Market Value Forecast, by Product Type, 2020–2026

        10.2.1. Chemotherapy Containers

        10.2.2. Biohazard Medical Waste Containers

        10.2.3. RCRA Containers

        10.2.4. Sharp Containers

            10.2.4.1. Patient Room Sharp Containers

            10.2.4.2. Phlebotomy Sharp Containers

            10.2.4.3. Multipurpose Sharp Containers

        10.2.5. Pharmaceutical Containers

    10.3. Market Value Forecast, by Waste Type, 2020–2026

        10.3.1. Infectious & Pathological Waste

        10.3.2. Non-infectious Waste

        10.3.3. Radioactive Waste

        10.3.4. Sharps Waste

        10.3.5. Pharmaceutical Waste

    10.4. Market Value Forecast, by Medical Waste Generators, 2020–2026

        10.4.1. Hospitals

        10.4.2. Clinics & Physicians' Offices

        10.4.3. Pharmaceutical Companies

        10.4.4. Long-term Care & Urgent Care Centers

        10.4.5. Pharmacies

        10.4.6. Others

    10.5. Market Value Forecast, by Country, 2020–2026

        10.5.1. Germany

        10.5.2. France

        10.5.3. Italy

        10.5.4. Spain

        10.5.5. U.K.

        10.5.6. Russia

        10.5.7. Rest of Europe

    10.6. Market Attractiveness Analysis 

        10.6.1. By Product Type 

        10.6.2. By Waste Type 

        10.6.3. By Medical Waste Generators 

        10.6.4. By Country

11. Asia Pacific Medical Waste Containers Market Analysis and Forecast

    11.1. Introduction

        11.1.1. Key Findings

    11.2. Market Value Forecast, by Product Type, 2020–2026

        11.2.1. Chemotherapy Containers

        11.2.2. Biohazard Medical Waste Containers

        11.2.3. RCRA Containers

        11.2.4. Sharp Containers

            11.2.4.1. Patient Room Sharp Containers

            11.2.4.2. Phlebotomy Sharp Containers

            11.2.4.3. Multipurpose Sharp Containers

        11.2.5. Pharmaceutical Containers

    11.3. Market Value Forecast, by Waste Type, 2020–2026

        11.3.1. Infectious & Pathological Waste

        11.3.2. Non-infectious Waste

        11.3.3. Radioactive Waste

        11.3.4. Sharps Waste

        11.3.5. Pharmaceutical Waste

    11.4. Market Value Forecast, by Medical Waste Generators, 2020–2026

        11.4.1. Hospitals

        11.4.2. Clinics & Physicians' Offices

        11.4.3. Pharmaceutical Companies

        11.4.4. Long-term Care & Urgent Care Centers

        11.4.5. Pharmacies

        11.4.6. Others

    11.5. Market Value Forecast, by Country, 2020–2026

        11.5.1. India

        11.5.2. China

        11.5.3. Japan

        11.5.4. Australia & New Zealand

        11.5.5. Rest of Asia Pacific

    11.6. Market Attractiveness Analysis 

        11.6.1. By Product Type 

        11.6.2. By Waste Type 

        11.6.3. By Medical Waste Generators 

        11.6.4. By Country

12. Latin America Medical Waste Containers Market Analysis and Forecast

    12.1. Introduction

        12.1.1. Key Findings

    12.2. Market Value Forecast, by Product Type, 2020–2026

        12.2.1. Chemotherapy Containers

        12.2.2. Biohazard Medical Waste Containers

        12.2.3. RCRA Containers

        12.2.4. Sharp Containers

            12.2.4.1. Patient Room Sharp Containers

            12.2.4.2. Phlebotomy Sharp Containers

            12.2.4.3. Multipurpose Sharp Containers

        12.2.5. Pharmaceutical Containers

    12.3. Market Value Forecast, by Waste Type, 2020–2026

        12.3.1. Infectious & Pathological Waste

        12.3.2. Non-infectious Waste

        12.3.3. Radioactive Waste

        12.3.4. Sharps Waste

        12.3.5. Pharmaceutical Waste

    12.4. Market Value Forecast, by Medical Waste Generators, 2020–2026

        12.4.1. Hospitals

        12.4.2. Clinics & Physicians' Offices

        12.4.3. Pharmaceutical Companies

        12.4.4. Long-term Care & Urgent Care Centers

        12.4.5. Pharmacies

        12.4.6. Others

    12.5. Market Value Forecast, by Country, 2020–2026

        12.5.1. Brazil

        12.5.2. Mexico

        12.5.3. Rest of Latin America

    12.6. Market Attractiveness Analysis 

        12.6.1. By Product Type 

        12.6.2. By Waste Type 

        12.6.3. By Medical Waste Generators 

        12.6.4. By Country

13. Middle East & Africa Medical Waste Containers Market Analysis and Forecast

    13.1. Introduction

        13.1.1. Key Findings

    13.2. Market Value Forecast by Product Type, 2020–2026

        13.2.1. Chemotherapy Containers

        13.2.2. Biohazard Medical Waste Containers

        13.2.3. RCRA Containers

        13.2.4. Sharp Containers

            13.2.4.1. Patient Room Sharp Containers

            13.2.4.2. Phlebotomy Sharp Containers

            13.2.4.3. Multipurpose Sharp Containers

        13.2.5. Pharmaceutical Containers

    13.3. Market Value Forecast, by Waste Type, 2020–2026

        13.3.1. Infectious & Pathological Waste

        13.3.2. Non-infectious Waste

        13.3.3. Radioactive Waste

        13.3.4. Sharps Waste

        13.3.5. Pharmaceutical Waste

    13.4. Market Value Forecast, by Medical Waste Generators, 2020–2026

        13.4.1. Hospitals

        13.4.2. Clinics & Physicians' Offices

        13.4.3. Pharmaceutical Companies

        13.4.4. Long-term Care & Urgent Care Centers

        13.4.5. Pharmacies

        13.4.6. Others

    13.5. Market Value Forecast, by Country, 2020–2026

        13.5.1. GCC Countries

        13.5.2. Israel

        13.5.3. South Africa

        13.5.4. Rest of Middle East & Africa

    13.6. Market Attractiveness Analysis 

        13.6.1. By Product Type 

        13.6.2. By Waste Type 

        13.6.3. By Medical Waste Generators 

        13.6.4. By Country

14. Competition Landscape

    14.1. Market Player – Competition Matrix (By Tier and Size of companies)

    14.2. Global Medical Waste management Market Share Analysis, by Company (2018, Estimated)

    14.3. Company Profiles (Details – Overview, Financials, Recent Developments, Strategy)

        14.3.1. Henry Schein, Inc. 

            14.3.1.1. Overview

            14.3.1.2. Financials

            14.3.1.3. Recent Developments

            14.3.1.4. SWOT Analysis

            14.3.1.5. Strategic Overview

        14.3.2. Becton, Dickinson and Company 

            14.3.2.1. Overview

            14.3.2.2. Financials

            14.3.2.3. Recent Developments

            14.3.2.4. SWOT Analysis

            14.3.2.5. Strategic Overview

        14.3.3. Medtronic

            14.3.3.1. Overview

            14.3.3.2. Financials

            14.3.3.3. Recent Developments

            14.3.3.4. SWOT Analysis

            14.3.3.5. Strategic Overview

        14.3.4. Daniels Health 

            14.3.4.1. Overview

            14.3.4.2. Financials

            14.3.4.3. Recent Developments

            14.3.4.4. SWOT Analysis

            14.3.4.5. Strategic Overview

        14.3.5. Bemis Manufacturing Company 

            14.3.5.1. Overview

            14.3.5.2. Financials

            14.3.5.3. Recent Developments

            14.3.5.4. SWOT Analysis

            14.3.5.5. Strategic Overview

        14.3.6. Bondtech Corporation 

            14.3.6.1. Overview

            14.3.6.2. Financials

            14.3.6.3. Recent Developments

            14.3.6.4. SWOT Analysis

            14.3.6.5. Strategic Overview

        14.3.7. Terra Universal, Inc. 

            14.3.7.1. Overview

            14.3.7.2. Financials

            14.3.7.3. Recent Developments

            14.3.7.4. SWOT Analysis

            14.3.7.5. Strategic Overview

        14.3.8. Thermo Fisher Scientific, Inc. 

            14.3.8.1. Overview

            14.3.8.2. Financials

            14.3.8.3. Recent Developments

            14.3.8.4. SWOT Analysis

            14.3.8.5. Strategic Overview

        14.3.9. EnviroTain, LLC 

            14.3.9.1. Overview

            14.3.9.2. Financials

            14.3.9.3. Recent Developments

            14.3.9.4. SWOT Analysis

            14.3.9.5. Strategic Overview

        14.3.10. MAUSER

            14.3.10.1. Overview

            14.3.10.2. Financials

            14.3.10.3. Recent Developments

            14.3.10.4. SWOT Analysis

            14.3.10.5. Strategic Overview

        14.3.11. Sharps Compliance, Inc. 

            14.3.11.1. Overview

            14.3.11.2. Financials

            14.3.11.3. Recent Developments

            14.3.11.4. SWOT Analysis

            14.3.11.5. Strategic Overview

Fact.MR offers custom research services that help clients to get specific research solutions

We are committed towards customer satisfaction and quality service.


Our Clients

Malaysian Cocoa Board
Dunlop International Europe Ltd
Roland Berger
Superior Essex
Commscope
Deloitte

Fact.MR in Media

Medical Waste Containers Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2020 to 2026