The North America sharps containers market is expected to grow from US$ 171.90 million in 2022 to US$ 247.28 million by 2030. It is estimated to grow at a CAGR of 4.7% from 2022 to 2030.
Increase in Generation of Medical Waste Fuels North America Sharps Containers Market
Healthcare facilities are primarily responsible for collecting, separating, and disposing of the medical, infectious, and hazardous waste they generate. Increasing prevalence of infectious diseases, rising number of hospital visits and admissions, and growing demand for diagnostic and clinical testing contribute to the generation of large amounts of single-use waste. The resulting medical waste is excluded from general waste disposal and must be disposed of effectively. According to the World Health Organization, 16 million injections are used worldwide each year, but there need to be proper disposal options. In the US, with its advanced healthcare facilities, exposure to bloodborne pathogens from needles and other sharp objects is a serious problem, resulting in 385,000 incidents yearly.
North America Sharps Containers Market Overview
The North America sharps containers market is segmented into the US, Canada, and Mexico. The region holds a significant share of the North America sharps containers market. The North America sharps containers market is expected to witness significant growth during the forecast period due to the rising prevalence of chronic diseases such as diabetes and cardiac diseases. Moreover, a rise in hospitalization and surgeries is likely to offer growth opportunities to the market during the forecast period.
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North America Sharps Containers Market Segmentation
The North America sharps containers market is segmented into product, usage, waste type, waste generators, container size, distribution channel, and country.
Based on product, the North America sharps containers market is segmented into multipurpose containers, patient room containers, and phlebotomy containers. The multipurpose containers segment held the largest share of the North America sharps containers market in 2022.
Based on usage, the North America sharps containers market is segmented into reusable containers and disposable containers. The reusable containers segment held a larger share of the North America sharps containers market in 2022.
Market leaders and key company profiles
- Becton Dickinson and Co
- Bemis Co Inc
- Bondtech Corp
- EnviroTain LLC
- GPC Medical Ltd
- Mauser Group NV
- Stericycle Inc
- The Harloff Co
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