Global Medical Waste Containers Market: Overview
The 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. Disposal of medical waste is a major challenge faced by health
care providers. Medical waste containers are used by waste generators
to collect waste generated by health care facilities and are available
in different designs depending upon the type of waste to be collected.
Containers are defined by specific colors and labels to make them
distinguishable from others. Rise in investments in R&D of novel
medical waste containers and increase in incidence of illness &
chronic diseases are boosting the global medical waste containers
market. Establishment of government regulations for conservation of the
environment and safe disposal of medical waste is one of the major
factors expected to drive the expansion of the global medical waste
containers market during the forecast period.
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The medical waste containers market
report comprises an elaborate executive summary, which includes market
snapshot that provides information about various segments. It also
provides information and data analysis of the global market with respect
to the segments based on product, usage, waste, medical waste
generator, and geography. A detailed qualitative analysis of drivers and
restraints, opportunities, and trends has been provided in the market
overview section. Additionally, the section comprises detailed
regulatory scenario of India, the U.S., South Africa, Australia, the
U.K., and Europe in terms of their medical waste segregation and
treatment and disposal guidelines. Key mergers and acquisitions and
their objectives are provided in the global medical waste containers
market to help understand the competitive landscape in the market.
Moreover, advancements in product development for recent years are
provided in the report. This report also provides market attractiveness
and its analysis in terms of geography and market share analysis by key
players, thus presenting a thorough analysis of the overall competitive
scenario in the global medical waste containers market.
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Global Medical Waste Containers Market: Key Segments
The global medical waste containers
market has been segmented based on product, waste, usage, medical waste
generator, and region. Based on product, the global medical waste
containers market has been categorized into chemotherapy containers,
radioactive containers, pharmaceutical containers, sharps containers,
RCRA containers, and biohazard medical waste containers. The sharps
containers segment has been further divided into patient room sharps
containers, phlebotomy containers, and multipurpose sharps containers.
In terms of waste, the global medical waste containers market has been
classified into infectious & pathological waste, non-infectious
waste, radioactive waste, sharps waste, and pharmaceutical waste. Based
on medical waste generator, the global medical waste containers market
has been segmented into hospitals, clinics & physicians’ offices,
pharmaceutical companies, long-term care & urgent care centers,
pharmacies, and others. In terms of usage, the global medical waste
containers market has been classified into reusable containers and
disposable containers.
All the segments have been analyzed based
on new product launches, regional demand for specific container types,
regulatory policies for containers, and number of manufacturers in the
global market. The market size and forecast for each of these segments
have been provided for the period from 2016 to 2026, along with their
respective CAGRs for the forecast period from 2018 to 2026, considering
2017 as the base year.
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Global Medical Waste Containers Market: Regional Outlook
Based on region, the global medical waste
containers market has been categorized into five major regions and key
countries in the respective regions: North America (the U.S. and
Canada), Europe (the U.K., Germany, France, Italy, Spain, Russia, and
Rest of Europe), Asia Pacific (China, Japan, India, Australia & New
Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and
Rest of Latin America), and Middle East & Africa (South Africa, GCC
Region, Israel, and Rest of Middle East & Africa). The market size
and forecast for each of these regions and the mentioned countries have
been provided for the period from 2016 to 2026, along with their
respective CAGRs for the forecast period from 2018 to 2026, considering
2017 as the base year. The research study also covers the competitive
scenario in these regions.
Companies Mentioned in Report
The report also profiles the major
players in the market and provides various attributes such as company
overview, financial overview, product portfolio, business strategies,
and recent developments. Major companies profiled in the medical waste
containers market are Sharps Compliance, Inc., Henry Schein, Inc.,
Becton, Dickinson and Company, Medtronic, Daniels Health, Bemis
Manufacturing Company, Bondtech Corporation, Terra Universal, Inc.,
Thermo Fisher Scientific, Inc., EnviroTain, LLC, and MAUSER Group.
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