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North America Sharps Containers Market Forecast to 2030 - Regional Analysis - by Product (Multipurpose Containers, Patient Room Containers, and Phlebotomy Containers), Usage (Reusable Containers, and Disposable Containers), Waste Type (Infectious Waste and Non-Infectious Waste), Waste Generators (Hospitals, Pharmaceutical Companies, Laboratories, Clinics & Physician's Offices, and Others), Container Size (1-3 Gallons, 4-6 Gallons, 7-8 Gallons, and Others), and Distribution Channel (Medical Supply Companies, Pharmacies, Online Sale, and Others)
Market Report I 2023-12-15 I 87 Pages I The Insight Partners
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. 85% of all medical waste generated is general non-hazardous waste, and the remaining 15% is hazardous waste containing harmful microorganisms. Therefore, medical waste disposal is the need of the hour, which is increasing the demand for sharps containers worldwide.
In addition, large-scale vaccination programs are being carried out in different parts of the world to counteract the further emergence and spread of the pandemic, which is expected to have a significant impact on the market under study. For example, according to the World Health Organization's Coronavirus Dashboard, ~12.5 billion vaccines were administered worldwide by the end of August 2022, which generated a significant number of syringes as waste. Therefore, the COVID-19 pandemic impacted the North America sharps container market significantly.
The generation of a large amount of medical waste is increasing the demand for sharps containers for the proper disposal of these medical wastes, thereby boosting the market growth.
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. In the US, there is a standard practice for patients to deposit their needles, syringes, and other medical waste products with their curbside trash. Medical waste from hospitals and healthcare organizations is highly regulated in the US. Medical waste is collected only by certified medical waste hauling and disposal companies; the waste is then autoclaved and placed in a landfill.
According to an article titled "Summary of Information on The Safety and Effectiveness of Syringe Services Programs (SSPs)," published in the Centers for Disease Control and Prevention (CDC)-the US has seen an increase in injection drug use, primarily the injection of opioids. Outbreaks of hepatitis C, hepatitis B, and HIV infections have been correlated with these injection patterns and trends. The majority of new hepatitis C virus (HCV) infections are due to injection drug use, and the nation has witnessed an exponential increase in reported cases of HCV from 2010 to 2019. Furthermore, the incidences of 5 new HCV virus infections are increasing rapidly among young people, with the majority of cases being among individuals aged 20-39 years.
Moreover, the prevalence of chronic illnesses such as Crohn's disease and diabetes, which can be treated with self-injectable medication, is rising across the US. Major corporations such as BD and Smiths Medical are also making syringes, such as BD's Hypak SCF PRTC glass pre-fillable syringe, specifically for the treatment of chronic diseases to strengthen their market positions. Additionally, in May 2021, BD stated that it plans to expand its Diabetes Care division into a distinct, publicly traded company. BD Diabetes Care, which supports ~30 million patients annually and produces approximately 8 billion injection devices, has been a significant driver of the adoption of insulin syringes and other products in the country.
Therefore, the rising cases of diabetes and needlestick injuries and growing government initiatives are expected to boost the North America sharps containers market growth in the US during the forecast period.
North America Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
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.
Based on waste type, the North America sharps containers market is segmented into infectious waste and non-infectious waste. The infectious waste held a larger share of the North America sharps containers market in 2022.
Based on waste generators, the North America sharps containers market is segmented into hospitals, pharmaceutical companies, laboratories, clinics & physician's offices, and others. The hospitals held the largest share of the North America sharps containers market in 2022.
Based on container size, the North America sharps containers market is segmented into 1-3 gallons, 4-6 gallons, 7-8 gallons, and others. The 1-3 gallons held the largest share of the North America sharps containers market in 2022.
Based on distribution channel, the North America sharps containers market is segmented into medical supply companies, pharmacies, online sale, and others. The medical supply companies held the largest share of the North America sharps containers market in 2022.
Based on country, the North America sharps containers market is segmented int o the US, Canada, and Mexico. The US dominated the North America sharps containers market in 2022.
Becton Dickinson and Co, Bemis Co Inc, Bondtech Corp, EnviroTain LLC, GPC Medical Ltd, Mauser Group NV, Stericycle Inc, and The Harloff Co are some of the leading companies operating in the North America sharps containers market.
TABLE OF CONTENTS
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Sharps Containers Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
5. North America Sharps Containers Market - Key Industry Dynamics
5.1 Key Market Drivers:
5.1.1 Increase in Generation of Medical Waste
5.1.2 Rise in Hospitalizations in Private and Public Hospitals Globally
5.2 Market Restraints
5.2.1 Lack of Awareness About Proper Methods of Sharps Waste Containment and Disposal
5.3 Market Opportunities
5.3.1 Increasing Initiatives and Guidelines by Regulatory Agencies for Safe Sharps Disposal
5.4 Future Trends
5.4.1 Growing Use of Multipurpose Containers
5.5 Impact Analysis:
6. Sharps Containers Market - North America Market Analysis
6.1 North America Sharps Containers Market Revenue (US$ Million), 2022 - 2030
7. North America Sharps Containers Market - Revenue and Forecast to 2030 - by Product
7.1 Overview
7.2 North America Sharps Containers Market Revenue Share, by Product 2022 & 2030 (%)
7.3 Multipurpose Containers
7.3.1 Overview
7.3.2 Multipurpose Containers: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Patient Room Containers
7.4.1 Overview
7.4.2 Patient Room Containers: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Phlebotomy Containers
7.5.1 Overview
7.5.2 Phlebotomy Containers: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
8. North America Sharps Containers Market - Revenue and Forecast to 2030 - by Usage.
8.1 Overview
8.2 North America Sharps Containers Market Revenue Share, by Usage 2022 & 2030 (%)
8.3 Reusable Containers
8.3.1 Overview
8.3.2 Reusable Containers: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Disposable Containers
8.4.1 Overview
8.4.2 Disposable Containers: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
9. North America Sharps Containers Market - Revenue and Forecast to 2030 - by Waste Type
9.1 Overview
9.2 North America Sharps Containers Market Revenue Share, by Waste Type 2022 & 2030 (%)
9.3 Infectious Waste
9.3.1 Overview
9.3.2 Infectious Waste: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Non-Infectious Waste
9.4.1 Overview
9.4.2 Non-Infectious Waste: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
10. North America Sharps Containers Market - Revenue and Forecast to 2030 - by Waste Generators
10.1 Overview
10.2 North America Sharps Containers Market Revenue Share, by Waste Generators 2022 & 2030 (%)
10.3 Hospitals
10.3.1 Overview
10.3.2 Hospitals: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
10.4 Pharmaceutical Companies
10.4.1 Overview
10.4.2 Pharmaceutical Companies: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
10.5 Laboratories
10.5.1 Overview
10.5.2 Laboratories: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
10.6 Clinics & Physician's Offices
10.6.1 Overview
10.6.2 Clinics & Physician's Offices: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
10.7 Others
10.7.1 Overview
10.7.2 Others: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
11. North America Sharps Containers Market - Revenue and Forecast to 2030 - by Container Size
11.1 Overview
11.2 North America Sharps Containers Market Revenue Share, by Container Size 2022 & 2030 (%)
11.3 1-3 Gallons
11.3.1 Overview
11.3.2 1-3 Gallons: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
11.4 4-6 Gallons
11.4.1 Overview
11.4.2 4-6 Gallons: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
11.5 7-8 Gallons
11.5.1 Overview
11.5.2 7-8 Gallons: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
11.6 Others
11.6.1 Overview
11.6.2 Others: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
12. North America Sharps Containers Market - Revenue and Forecast to 2030 - by Distribution Channel
12.1 Overview
12.2 North America Sharps Containers Market Revenue Share, by Waste Type 2022 & 2030 (%)
12.3 Medical Supply Companies
12.3.1 Overview
12.3.2 Medical Supply Companies: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
12.4 Pharmacies
12.4.1 Overview
12.4.2 Pharmacies: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
12.5 Online Sales
12.5.1 Overview
12.5.2 Online Sales: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
12.6 Others
12.6.1 Overview
12.6.2 Others: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
13. North America Sharps Containers Market - Country Analysis
13.1 North America Sharps Containers Market, Revenue And Forecast To 2030
13.1.1 Overview
13.1.1.1 North America Sharps Containers Market, by Country
13.1.1.2 US
13.1.1.2.1 Overview
13.1.1.2.2 US: North America Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
13.1.1.2.3 US: North America Sharps Containers Market, by Product
13.1.1.2.4 US: North America Sharps Containers Market, by Usage
13.1.1.2.5 US: North America Sharps Containers Market, by Waste Type
13.1.1.2.6 US: North America Sharps Containers Market, by Waste Generators
13.1.1.2.7 US: North America Sharps Containers Market, by Container Size
13.1.1.2.8 US: North America Sharps Containers Market, by Distribution Channel
13.1.1.3 Canada
13.1.1.3.1 Overview
13.1.1.3.2 Canada: North America Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
13.1.1.3.3 Canada: North America Sharps Containers Market, by Product
13.1.1.3.4 Canada: North America Sharps Containers Market, by Usage
13.1.1.3.5 Canada: North America Sharps Containers Market, by Waste Type
13.1.1.3.6 Canada: North America Sharps Containers Market, by Waste Generators
13.1.1.3.7 Canada: North America Sharps Containers Market, by Container Size
13.1.1.3.8 Canada: North America Sharps Containers Market, by Distribution Channel
13.1.1.4 Mexico
13.1.1.4.1 Overview
13.1.1.4.2 Mexico: North America Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
13.1.1.4.3 Mexico: North America Sharps Containers Market, by Product
13.1.1.4.4 Mexico: North America Sharps Containers Market, by Usage
13.1.1.4.5 Mexico: North America Sharps Containers Market, by Waste Type
13.1.1.4.6 Mexico: North America Sharps Containers Market, by Waste Generators
13.1.1.4.7 Mexico: North America Sharps Containers Market, by Container Size
13.1.1.4.8 Mexico: North America Sharps Containers Market, by Distribution Channel
14. North America Sharps Containers Market, Key Company Profiles
14.1 Bondtech Corp
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Mauser Group NV
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 EnviroTain LLC
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Stericycle Inc
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 GPC Medical Ltd
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Bemis Co Inc
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Becton Dickinson and Co
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 The Harloff Co
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
15. Appendix
15.1 About Us
15.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Sharps Containers Market Segmentation
Table 2. US: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Product
Table 3. US: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Usage
Table 4. US: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Waste Type
Table 5. US: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Waste Generators
Table 6. US: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Container Size
Table 7. US: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Distribution Channel
Table 8. Canada: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Product
Table 9. Canada: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Usage
Table 10. Canada: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Waste Type
Table 11. Canada: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Waste Generators
Table 12. Canada: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Container Size
Table 13. Canada: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Distribution Channel
Table 14. Mexico: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Product
Table 15. Mexico: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Usage
Table 16. Mexico: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Waste Type
Table 17. Mexico: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Waste Generators
Table 18. Mexico: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Container Size
Table 19. Mexico: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million) - Distribution Channel
Table 20. Glossary of Terms, North America Sharps Containers Market
LIST OF FIGURES
Figure 1. North America Sharps Containers Market Segmentation, By Country
Figure 2. North America - PEST Analysis
Figure 3. North America Sharps Containers Market - Key Industry Dynamics
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Sharps Containers Market Revenue (US$ Million), 2022 - 2030
Figure 6. North America Sharps Containers Market Revenue Share, by Product 2022 & 2030 (%)
Figure 7. Multipurpose Containers: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 8. Patient Room Containers: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 9. Phlebotomy Containers: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 10. North America Sharps Containers Market Revenue Share, by Usage 2022 & 2030 (%)
Figure 11. Reusable Containers: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Disposable Containers: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 13. North America Sharps Containers Market Revenue Share, by Waste Type 2022 & 2030 (%)
Figure 14. Infectious Waste: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 15. Non-Infectious Waste: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 16. North America Sharps Containers Market Revenue Share, by Waste Generators 2022 & 2030 (%)
Figure 17. Hospitals: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 18. Pharmaceutical Companies: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 19. Laboratories: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 20. Clinics & Physician's Offices: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 21. Others: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 22. North America Sharps Containers Market Revenue Share, by Container Size 2022 & 2030 (%)
Figure 23. 1-3 Gallons: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 24. 4-6 Gallons: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 25. 7-8 Gallons: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 26. Others: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 27. North America Sharps Containers Market Revenue Share, by Waste Type 2022 & 2030 (%)
Figure 28. Medical Supply Companies: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 29. Pharmacies: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 30. Online Sales: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 31. Others: North America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
Figure 32. North America Sharps Containers Market, By Country, 2022 (US$ Million)
Figure 33. North America Sharps Containers Market, By Key Countries, 2022 And 2030 (%)
Figure 34. US: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million)
Figure 35. Canada: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million)
Figure 36. Mexico: North America Sharps Containers Market Revenue And Forecast to 2030 (US$ Million)
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