Medical Waste Containers Market
Medical Waste Containers Market Report By Product Type (Chemotherapy, Biohazard, RCRA, Pharmaceutical, Medical Sharps), By Waste Type (Infectious & Pathological, Non-infectious, Radioactive), By Usage Type, By Medical Waste Generators - Regional Forecast, 2021 to 2031
Analysis of Medical Waste Containers market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Medical Waste Containers Market Outlook
The global medical waste containers industry anticipated a positive forecast, expected to reach US$ 36 Bn and expanding 1.8x across the assessment period 2021-2031. As of 2021, the market is slated to reach US$ 20 Bn, with non-infectious waste disposal likely to account for 40% of overall medical waste containers demand.
| Attribute | Details |
|---|---|
| Market Size Value in 2021 | US$ 20 Bn |
| Projected Market Forecast Value by 2031 | US$ 36 Bn |
| Global Growth Rate (2021 to 2031) | 6% CAGR |
| Most Prominent Market | Asia |
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Demand Analysis of Medical Waste Containers of 2016 to 2020 Vs Market Outlook for 2021 to 2031
From 2016 to 2020, Fact.MR- a market research & competitive intelligence provider- estimated medical waste container sales to have surged at over 5% CAGR, attributed largely in part due to the increasing expansion of global healthcare infrastructure. As the global patient pool for various ailments increase, establishment of relevant infrastructure, such as hospitals and clinics, have augmented. Hence, the quantity of medical waste has also risen.
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. Prospects further widened during the COVID-19 pandemic, as stakeholders increasingly demanded disposable PPE kits, face masks (surgical and daily use), gloves and other apparel.
Besides, a number of non-governmental and community-based organizations are participating in assisting hospitals and other healthcare facilities to recycle, collect, and dispose of medical waste. Bulk of medical waste containers consumption will likely remain concentrated across Asia, expected to capture 1/5th of global demand. In the long-run, from 2021 to 2031, medical waste containers demand will surge at a CAGR of 6%.
Increased Need for Efficient Medical Waste Management Spurring Waste Containers Uptake?
Demand for medical waste containers is expanding in emerging economies owing to the rising number of hospitals, increasing patient flow, rising number of diagnostic sample testing in the labs, and growing awareness of the benefits of hygienic practices in curbing the spread of infection.
According to the Centers for Disease Control and Prevention, each year, about 1 in 25 U.S. hospital patients is diagnosed with at least one infection related to hospital care alone; additional infections occur in other healthcare settings. Many HAIs are caused by the most urgent and serious antibiotic-resistant (AR) bacteria and may lead to sepsis or death.
As per the World Health Organization, out of the total quantity of waste generated, 85% is general, non-hazardous waste. The remaining 15% is classified as toxic, infectious, chemical or radioactive in nature. While open burning and incineration may lead to their effective disposal, they are responsible for emitting dioxins, furans and particulate matter. Therefore, governments are pushing for safer and less environmentally adverse ways of medical waste disposal, impelling sales of medical waste containers.
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Will the Increasing Incidences of Surgery Propel Growth?
The growing number of surgeries globally is also a key factor expected to drive market growth over the forecast period. According to the World Health Organization, every year, many millions of people undergo surgical treatment, and surgical interventions account for an estimated 13% of the world’s total disability-adjusted life years (DALYs).
While surgical procedures are intended to save lives, unsafe surgical care can cause substantial harm. Surgical site infections (SSI) are commonly reported as surgical complications and hospital-acquired infections. SSI might lead to mortality and morbidity, increase reoperation and even readmissions, prolong hospital stay, and elevate costs.
The CDC healthcare-associated infection (HAI) prevalence survey found that there were an estimated 110,800 surgical site infections (SSIs) associated with inpatient surgeries. SSIs can therefore result in increasing the financial burden on the patient. The increasing cases of SSI have increased the usage of medical waste containers.
Region-Wise Analysis
How are Stringent RCRA Regulations Stimulating Medical Waste Containers Uptake across North America?
According to Fact.MR, the North American market for medical waste containers is anticipated to expand modestly at a CAGR of 5% during the forecast period. Stringent regulatory requirements for safe disposal of various medical waste categories are expected to steer market growth.
Bulk of medical waste containers adoption across the continent is influenced by the Resource Conservation & Regulatory Act (RCRA). As per this regulation, the U.S Environmental Protection Agency is endowed with the authority to control hazardous wastes from cradle to grave, including generation, transportation, treatment, storage and disposal.
Daniels Health, a notable RCRA-certified medical waste collection provider, has developed an intelligent and affordable system, permitting correct usage quantity, size and type of waste collection. The company deploys a highly sophisticated robotic washline technology, titles Washsmart, which offers a fully automated decanting, washing, sanitizing and drying technologies.
Improving Medical Waste Management Approaches Widening Prospects Across Asia?
As healthcare infrastructure across key countries change for the better, Asia is making significant strides with regard to efficient medical waste management. As governments enforce stringent regulations to promote ideal disposal approaches, demand for medical waste containers has augmented well in the past few years.
The COVID-19 pandemic has further underscored the need for efficient medical waste disposal and management. As per findings published by the Asian Development Bank, during the outbreak, infectious medical waste increased by 600%, from 40 tons per day to 240 tons per day, across China. Similarly, collective possible production of waste over 60 days totaled to 60,990 tons across the cities of Manila, Jakarta, Kuala Lumpur, Bangkok and Hanoi.
Hence, numerous regional level manufacturers have come to the fore in the market across the region. For example, Gient, China’s largest professional supplier of medical waste treatment equipment, has helped the Wuhan government to construct a 30-ton daily medical waste treatment plant, with a 45 ton procession productivity capacity with 24 hours of operation. Likewise, India has launched an online application to track COVID biomedical waste and ensure its safe disposal. Hence, the region is set to expand positively at a CAGR of 6.1% throughout the forecast period, contributing 1/5th of the global revenue.
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Category-wise Insights
Will Non-Infectious & Pharmaceutical Medical Waste Containers Hold Maximum Sway?
The non-infectious medical waste segment is projected to lead the global market during the forecast period. Usage and disposal of medical utilities such as IV bags have received an uptick in recent years. The segment is set to account for more than 2/5th of the overall market.
However, pharmaceutical waste containers shall capture the second-largest market share, amounting to nearly 30% of the global market. High amounts of drug wastage and growing awareness about safe drug disposal are key factors augmenting the growth of the pharmaceutical waste segment.
Why are Chemotherapy Containers High in Demand?
Global cancer cases are on a rise for the past few years. According to the World Health Organization, approximately 70% of deaths from cancer occur in low- and middle-income countries, necessitating the need for chemotherapy in recent years.
Bulk of all chemotherapy waste containers are Resource Conservation & Recovery Act (RCRA) compliant, especially in the U.S. Prominent players, such as Becton Dickinson & Co. and Cardinal Health are the forefront of chemotherapy waste disposal, offering Yellow Chemotherapy Collectors and Chemo Waste Bags respectively. A CAGR worth 5% is anticipated for this segment by Fact.MR.
Will Hospitals Remain Primary Medical Waste Containers End Users?
The hospital segment of the medical waste containers market held more than one-fourth of revenue share in 2020 owing to the increasing cases of chronic wounds and cancer along with the patient flow.
It is estimated that nearly 5,000 acute care hospitals in the U.S generate around 7,000 tons of waste daily. The segment is set to capture more than 40% of the overall medical waste containers revenue during the forecast period.
Competitive Landscape
Key players involved in the market are rigorously investing in the development and launches of new products to gain a competitive advantage and expand their consumer base. Mergers & acquisitions along with diversification of product portfolios are key business strategies implemented by participants in the industry.
- For instance, Thermo Fisher Scientific Inc. offers the NalgeneTM Biohazardous Waste Containers, which feature a convenient one-step sterilization, involving no need to remove the bag. A port opening in the cover allows for one-handed disposal of materials, limiting exposure to infectious waste. The containers hold standard sized autoclave bags
- Likewise, EnviroTain LLC offers medical waste containers for biohazardous, chemotherapy, pharmaceutical, RCRA and sharps containers respectively. The company has partnered with leading distributors, including Mauser Packaging, the National Waste & Recycling Association and the Women’s Business Enterprise National Council (WBENC)
Report Scope
| Report Attributes | Details |
|---|---|
| Forecast Period | 2021-2031 |
| Historical Data Available for | 2016-2020 |
| Market Analysis | Value (US$ Mn) |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East & Africa |
| Key Countries Covered | U.S., Canada, Germany, U.K., France, Spain, Italy, Russia, China, Japan, India, Australia, New Zealand, Brazil, Mexico, GCC, Israel, South Africa |
| Key Market Segments Covered | Product, Waste, Usage, Medical Waste Generators, Region |
| Key Companies Profiled | Henry Schein Inc.; Becton Dickinson & Company (BD); Medtronic Plc.; Daniels Health; Bemis Manufacturing Company; Bondtech Corporation; Terra Universal Inc.; Thermo Fisher Scientific Inc.; EnviroTain LLC; Mauser Packaging Solutions; Sharps Compliance Inc. |
| Pricing | Available upon Request |
Key Segments Covered
-
Product Type :
- Chemotherapy Medical Waste Containers
- Biohazard Medical Waste Containers
- RCRA (Resource Conservation and Recovery Act) Medical Waste Containers
- Pharmaceutical Waste Containers
- Medical Sharps Waste Containers
- Patient Room Sharps Containers
- Phlebotomy Sharps Containers
- Multipurpose Sharps Containers
-
Waste Type :
- Infectious & Pathological Waste
- Non-infectious Waste
- Radioactive Waste
- Sharps Waste
- Pharmaceutical Waste
-
Usage Type :
- Disposable Medical Waste Containers
- Reusable Medical Waste Containers
-
Medical Waste Generators :
- Hospitals
- Clinics & Physicians’ Offices
- Pharmaceutical Companies
- Long Term Care & Urgent Care Centers
- Pharmacies
- Other Generators
Table of Content
- 1. Preface
- 2. Assumptions and Research Methodology
- 3. Executive Summary: Global Market
- 4. Market Overview
- 5. Global Market Analysis and Forecasts, by Product Type
- 5.1. Chemotherapy Containers
- 5.2. Biohazard Medical Waste Containers
- 5.3. RCRA Containers
- 5.4. Sharp Containers
- 5.4.1. Patient Room Sharp Containers
- 5.4.2. Phlebotomy Sharp Containers
- 5.4.3. Multipurpose Sharp Containers
- 5.5. Pharmaceutical Containers
- 6. Global Market Analysis and Forecasts, by Waste Type
- 6.1. Infectious & Pathological Waste
- 6.2. Non-infectious Waste
- 6.3. Radioactive Waste
- 6.4. Sharps Waste
- 6.5. Pharmaceutical Waste
- 7. Global Market Analysis and Forecasts, by Medical Waste Generators
- 7.1. Hospitals
- 7.2. Clinics & Physicians' Offices
- 7.3. Pharmaceutical Companies
- 7.4. Long-term Care & Urgent Care Centers
- 7.5. Pharmacies
- 7.6. Others
- 8. Global Market Analysis and Forecasts, by Region
- 8.1. North America
- 8.2. Europe
- 8.3. Asia Pacific
- 8.4. Latin America
- 8.5. Middle East & Africa
- 9. North America Market Analysis and Forecast
- 10. Europe Market Analysis and Forecast
- 11. Asia Pacific Market Analysis and Forecast
- 12. Latin America Market Analysis and Forecast
- 13. Middle East & Africa Market Analysis and Forecast
- 14. Competition Landscape
- 14.1. Henry Schein, Inc.
- 14.2. Becton, Dickinson and Company
- 14.3. Medtronic
- 14.4. Daniels Health
- 14.5. Bemis Manufacturing Company
- 14.6. Bondtech Corporation
- 14.7. Terra Universal, Inc.
- 14.8. Thermo Fisher Scientific, Inc.
- 14.9. EnviroTain, LLC
- 14.10. MAUSER
- 14.11. Sharps Compliance, Inc.
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List Of Table
Table 01: Global Market Revenue (US$ Mn) Forecast, by Product Type, 2021 to 2031
Table 02: Global Market Revenue (US$ Mn) Forecast, by Sharps Containers, 2021 to 2031
Table 03: Global Market Revenue (US$ Mn) Forecast, by Waste Type, 2021 to 2031
Table 04: Global Market Revenue (US$ Mn) Forecast, by Medical Waste Generator, 2021 to 2031
Table 05: Global Market Revenue (US$ Mn) Forecast, by Usage Type, 2021 to 2031
Table 06: Global Market Revenue (US$ Mn) Forecast, by Region, 2021 to 2031
Table 07: North America Market Revenue (US$ Mn) Forecast, by Country, 2021 to 2031
Table 08: North America Market Revenue (US$ Mn) Forecast, by Product, 2021 to 2031
Table 09: North America Market Revenue (US$ Mn) Forecast, by Sharps Containers, 2021 to 2031
Table 10: North America Market Revenue (US$ Mn) Forecast, by Waste Type, 2021 to 2031
Table 11: North America Market Revenue (US$ Mn) Forecast, by Medical Waste Generators, 2021 to 2031
Table 12: North America Market Revenue (US$ Mn) Forecast, by Usage Type, 2021 to 2031
Table 13: Europe Market Revenue (US$ Mn) Forecast, by Country/Sub- region, 2021 to 2031
Table 14: Europe Market Revenue (US$ Mn) Forecast, by Product Type, 2021 to 2031
Table 15: Europe Market Revenue (US$ Mn) Forecast, by Sharps Containers Product Type, 2021 to 2031
Table 16: Europe Market Revenue (US$ Mn) Forecast, by Waste Type, 2021 to 2031
Table 17: Europe Market Revenue (US$ Mn) Forecast, by Medical Waste Generator, 2021 to 2031
Table 18: Europe Market Revenue (US$ Mn) Forecast, by Usage Type, 2021 to 2031
Table 19: Asia Pacific Market Revenue (US$ Mn) Forecast, by Country/Sub-region, 2021 to 2031
Table 20: Asia Pacific Market Revenue (US$ Mn) Forecast, by Product Type, 2021 to 2031
Table 21: Asia Pacific Market Revenue (US$ Mn) Forecast, by Sharps Containers, 2021 to 2031
Table 22: Asia Pacific Market Revenue (US$ Mn) Forecast, by Waste Type, 2021 to 2031
Table 23: Asia Pacific Market Revenue (US$ Mn) Forecast, by Medical Waste Generators, 2021 to 2031
Table 24: Asia Pacific Market Revenue (US$ Mn) Forecast, by Usage Type, 2021 to 2031
Table 25: Latin America Market Revenue (US$ Mn) Forecast, by Country, 2021 to 2031
Table 26: Latin America Market Revenue (US$ Mn) Forecast, by Product Type, 2021 to 2031
Table 27: Latin America Market Revenue (US$ Mn) Forecast, by Sharps Containers Product Type, 2021 to 2031
Table 28: Latin America Market Revenue (US$ Mn) Forecast, by Waste Type, 2021 to 2031
Table 29: Latin America Market Revenue (US$ Mn) Forecast, by Medical Waste Generators, 2021 to 2031
Table 30: Latin America Market Revenue (US$ Mn) Forecast, by Usage Type, 2021 to 2031
Table 31: Middle East & Africa Market Revenue (US$ Mn) Forecast, by Country/Sub region, 2021 to 2031
Table 32: Middle East & Africa Market Revenue (US$ Mn) Forecast, by Product Type, 2021 to 2031
Table 33: Middle East & Africa Market Revenue (US$ Mn) Forecast, by Sharps Containers Product Type, 2021 to 2031
Table 34: Middle East & Africa Market Revenue (US$ Mn) Forecast, by Waste Type, 2021 to 2031
Table 35: Middle East & Africa Market Revenue (US$ Mn) Forecast, by Medical Waste Generator, 2021 to 2031
Table 36: Middle East & Africa Market Revenue (US$ Mn) Forecast, by Usage Type, 2021 to 2031
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List Of Figures
Figure 01: Global Market Size (US$ Mn) and Distribution (%), by Geography, 2021 and 2031
Figure 02: Global Market Size (US$ Mn) Forecast, 2021 to 2031
Figure 03: Global Market Value Share, by Product Type (2020)
Figure 04: Global Market Value Share, by Waste Type (2020)
Figure 05: Global Market Value Share, by Usage Type (2020)
Figure 06: Global Market Value Share, by Medical Waste Generators (2020)
Figure 07: Global Market Value Share, by Region (2020)
Figure 08: Global Market Value Share, by Product Type, 2021 and 2031
Figure 09: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Chemotherapy Containers, 2021 to 2031
Figure 10: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Biohazard Medical Waste Containers, 2021 to 2031
Figure 11: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by RCRA Containers, 2021 to 2031
Figure 12: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Pharmaceutical Containers, 2021 to 2031
Figure 13: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Sharps Containers, 2021 to 2031
Figure 14: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Others, 2021 to 2031
Figure 15: Global Market Attractiveness, by Product Type, 2021 to 2031
Figure 16: Global Market Value Share, by Waste Type, 2021 and 2031
Figure 17: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Infectious & Pathological Waste, 2021 to 2031
Figure 18: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Non-infectious Waste, 2021 to 2031
Figure 19: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Radioactive Waste, 2021 to 2031
Figure 20: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Pharmaceutical Waste, 2021 to 2031
Figure 21: Global Market Revenue (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, by Sharps Waste, 2021 to 2031
Figure 22: Global Market Attractiveness, by Waste Type, 2021 to 2031
Figure 23: Global Market Value Share, by Medical Waste Generator, 2021 and 2031
Figure 24: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Hospitals, 2021 to 2031
Figure 25: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Clinics & Physicians’ Offices, 2021 to 2031
Figure 26: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Pharmaceutical Companies, 2021 to 2031
Figure 27: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Long-term & Urgent Care Centers, 2021 to 2031
Figure 28: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Pharmacies, 2015 to 2025
Figure 29: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Others, 2021 to 2031
Figure 30: Global Market Attractiveness, by Medical Waste Generator, 2021 to 2031
Figure 31: Global Market Value Share, by Usage Type, 2021 and 2031
Figure 32: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Reusable Companies, 2021 to 2031
Figure 33: Global Market Revenue (US$ Mn) and Y-o-Y Growth (%) Forecast, by Disposable Companies, 2021 to 2031
Figure 34: Global Market Attractiveness, by Usage Type, 2021 to 2031
Figure 35: Global Market Value Share, by Region, 2021 and 2031
Figure 36: Global Market Attractiveness, by Region, 2021 to 2031
Figure 37: North America Market Revenue (US$ Mn) Forecast and Y-o-Y Growth Projection (%), 2021 to 2031
Figure 38: North America Market Attractiveness, by Country, 2021 to 2031
Figure 39: North America Market Value Share, by Country, 2021 and 2031
Figure 40: North America Market Value Share, by Product, 2021 and 2031
Figure 41: North America Market Attractiveness, by Product, 2021 to 2031
Figure 42: North America Market Value Share, by Waste Type, 2021 and 2031
Figure 43: North America Market Attractiveness, by Waste Type, 2021 to 2031
Figure 44: North America Market Value Share, by Medical Waste Generators, 2021 and 2031
Figure 45: North America Market Attractiveness, by Medical Waste Generators, 2021 to 2031
Figure 46: North America Market Value Share, by Usage Type, 2021 and 2031
Figure 47: North America Market Attractiveness, by Usage Type, 2021 to 2031
Figure 48: Europe Market Revenue (US$ Mn) Forecast and Y-o-Y Growth Projection (%), 2021 to 2031
Figure 49: Europe Market Attractiveness, by Country, 2021 to 2031
Figure 50: Europe Market Value Share, by Country/Sub region, 2021 and 2031
Figure 51: Europe Market Value Share, by Product Type, 2021 and 2031
Figure 52: Europe Market Attractiveness, by Product Type, 2021 to 2031
Figure 53: Europe Market Value Share, by Waste Type, 2021 and 2031
Figure 54: Europe Market Attractiveness, by Waste Type, 2021 to 2031
Figure 55: Europe Market Value Share, by Medical Waste Generator, 2021 and 2031
Figure 56: Europe Market Attractiveness, by Medical Waste Generator, 2021 to 2031
Figure 57: Europe Market Value Share, by Usage Type, 2021 and 2031
Figure 58: Europe Market Attractiveness, by Usage Type, 2021 to 2031
Figure 59: Asia Pacific Market Revenue (US$ Mn) Forecast and Y-o-Y Growth Projection (%), 2021 to 2031
Figure 60: Asia Pacific Market Attractiveness, by Country/Sub-region, 2021 to 2031
Figure 61: Asia Pacific Market Value Share, by Country/Sub-region, 2021 and 2031
Figure 62: Asia Pacific Market Value Share, by Product Type, 2021 and 2031
Figure 63: Asia Pacific Market Attractiveness, by Product Type, 2021 to 2031
Figure 64: Asia Pacific Market Value Share, by Waste Type, 2021 and 2031
Figure 65: Asia Pacific Market Attractiveness, by Waste Type, 2021 to 2031
Figure 66: Asia Pacific Market Value Share, by Medical Waste Generators, 2021 and 2031
Figure 67: Asia Pacific Market Attractiveness, by Medical Waste Generators, 2021 to 2031
Figure 68: Asia Pacific Market Value Share, by Usage Type, 2021 and 2031
Figure 69: Asia Pacific Market Attractiveness, by Usage Type, 2021 to 2031
Figure 70: Latin America Market Revenue (US$ Mn) Forecast and Y-o-Y Growth Projection (%), 2021 to 2031
Figure 71: Latin America Market Attractiveness, Country/Sub-region, 2021 to 2031
Figure 72: Latin America Market Value Share, Country/Sub-region, 2021 and 2031
Figure 73: Latin America Market Value Share, by Product Type, 2021 and 2031
Figure 74: Latin America Market Attractiveness, by Product Type, 2021 to 2031
Figure 75: Latin America Market Value Share, by Waste Type, 2021 and 2031
Figure 76: Latin America Market Attractiveness, by Waste Type, 2021 to 2031
Figure 77: Latin America Market Value Share, by Medical Waste Generators, 2021 and 2031
Figure 78: Latin America Market Attractiveness, by Medical Waste Generators, 2021 to 2031
Figure 79: Latin America Market Value Share, by Usage Type, 2021 and 2031
Figure 80: Latin America Market Attractiveness, by Usage Type, 2021 to 2031
Figure 81: Middle East & Africa Market Revenue (US$ Mn) Forecast and Y-o-Y Growth Projection (%), 2021 to 2031
Figure 82: Middle East & Africa Market Attractiveness, by Country, 2021 to 2031
Figure 83: Middle East & Africa Market Value Share, by Country/Sub- region, 2021 and 2031
Figure 84: Middle East & Africa Market Value Share, by Product Type, 2021 and 2031
Figure 85: Middle East & Africa Market Attractiveness, by Product Type, 2021 to 2031
Figure 86: Middle East & Africa Market Value Share, by Waste Type, 2021 and 2031
Figure 87: Middle East & Africa Market Attractiveness, by Waste Type, 2021 to 2031
Figure 88: Middle East & Africa Market Value Share, by Medical Waste Generators, 2021 and 2031
Figure 89: Middle East & Africa Market Attractiveness, by Medical Waste Generators, 2021 to 2031
Figure 90: Middle East & Africa Market Value Share, by Usage Type, 2021 and 2031
Figure 91: Middle East & Africa Market Attractiveness, by Usage Type, 2021 to 2031
Figure 92: U.S. Market Share, by Company, 2020 (Estimated)
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- FAQs -
How much is the global medical waste containers market worth?
By 2021, Fact.MR forecasts the market for medical waste containers to reach US$ 20 Bn
What is the projected growth rate for the global market for medical waste containers?
From 2021 to 2031, Fact.MR expects medical waste containers demand to expand at a CAGR of 6%
What is the projected market value of medical waste containers?
According to Fact.MR, by 2031, medical waste containers value will reach US$ 36 Bn
What was the last 5 years market CAGR for medical waste containers?
From 2016-2020, sales of medical waste containers expanded at over 5% CAGR
What is currently driving demand for medical waste containers?
Increasing awareness of health and hygiene in hospitals is projected to offer significant growth opportunities for sales in the market.
Which are the top companies manufacturing medical waste containers?
The dominant market players are Covidien plc (Medtronic), Daniels Health, and Sharps Compliance.
Which type of waste containers are expected to be most demanded?
Non-infectious medical waste containers shall remain most demanded, accounting for 40% revenue
What is the North American market outlook?
North America is poised to surge at a CAGR of 5% across the 2021-2031 forecast period
How lucrative are growth prospects across Asia?
Asia is likely to be the fastest expanding region, surging at a CAGR of 6.1% until 2031
Medical Waste Containers Market