Global Sharps Container Market Size Study, By Product Type, By Usage, By Size, By End Use, and Regional Forecasts 2022-2032

Description

The global sharps container market is valued at approximately USD 345.66 million in 2023 and is anticipated to grow with a healthy growth rate of more than 4.86% over the forecast period 2024-2032. Sharps containers are essential tools in medical waste management, designed to safely dispose of needles, scalpels, and other sharp instruments used in healthcare settings. The market growth is driven by the rising number of diagnostic tests, surgical procedures, and chronic disease management requiring the safe disposal of sharps waste. Additionally, the increasing adoption of single-use containers for homecare and reusable solutions in hospitals enhances market dynamics.

The prevalence of chronic diseases, as highlighted by the CDC, shows a growing demand for sharps containers due to frequent injections and treatments. For instance, in December 2023, the City of Naperville launched a sharps disposal program, reflecting a broader trend in promoting safe waste management practices. Such initiatives align with regulatory frameworks like the U.S. OSHA Bloodborne Pathogens Standard and global WHO guidelines, boosting demand across regions.

Furthermore, healthcare expansions in emerging markets like Asia-Pacific and the Middle East create new opportunities. Portable sharps containers for home-based care and advanced multipurpose containers for hospital use exemplify the innovation driving market growth. Manufacturers are investing in sustainable solutions, such as recyclable plastics, to meet regulatory and environmental requirements, further expanding their market reach.

The key regions considered in the global sharps container market study include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America dominated the market in 2024 due to stringent healthcare regulations and growing awareness of safe waste disposal practices. Meanwhile, Asia Pacific is expected to grow at the fastest CAGR owing to healthcare infrastructure development and increasing chronic disease prevalence.

Major market players included in this report are:

Thermo Fisher Scientific Inc.
BD (Becton, Dickinson, and Company)
BondTech Corporation (Atlas Copco AB)
Cardinal Health
Medline Industries, LP.
EnviroTain
Stericycle
Daniels Sharpsmart Inc.
GPC Medical Ltd.
Sharps Medical Waste Services

The detailed segments and sub-segment of the market are explained below:

By Product Type:

Patient Room Containers
Phlebotomy Containers
Multipurpose Containers
Others

By Usage:

Single-use Containers
Reusable Containers

By Size:

0-1 Gallons
1-2 Gallons
3-5 Gallons
6-8 Gallons
Others

By End Use:

Hospitals & Clinics
Diagnostic Laboratories
Homecare Settings
Research & Academic Institutions
Others

By Region:

North America:

U.S.
Canada
Mexico

Europe:

UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway

Asia Pacific:

Japan
China
India
South Korea
Australia
Thailand

Latin America:

Brazil
Argentina

Middle East & Africa:

South Africa
Saudi Arabia
UAE
Kuwait

Years Considered for the Study Are as Follows:

Historical Year - 2022
Base Year - 2023
Forecast Period - 2024 to 2032

Key Takeaways:

Market Forecasts & Trends: Detailed analysis from 2022 to 2032.
Regional Insights: Trends across North America, Europe, Asia Pacific, Latin America, and MEA.
Competitive Landscape: Insights on market leaders and emerging players.
Technological Innovations: Sustainable and advanced container designs.
Growth Drivers: Expanding healthcare services and regulatory mandates.

Chapter 1. Global Sharps Container Market Executive Summary

1.1. Global Sharps Container Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product Type
- 1.3.2. By Usage
- 1.3.3. By Size
- 1.3.4. By End Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Sharps Container Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Sharps Container Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Number of Chronic Diseases and Healthcare Procedures
- 3.1.2. Strict Regulatory Guidelines Promoting Safe Medical Waste Disposal
- 3.1.3. Rising Adoption of Reusable and Eco-friendly Containers
3.2. Market Challenges
- 3.2.1. High Costs Associated with Advanced Containers
- 3.2.2. Lack of Infrastructure in Emerging Economies
3.3. Market Opportunities
- 3.3.1. Growing Demand for Homecare Solutions
- 3.3.2. Expansion of Healthcare Services in Rural Areas
- 3.3.3. Technological Innovations in Sharps Disposal

Chapter 4. Global Sharps Container Market Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Porter's Five Forces Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspectives
4.7. Analyst Recommendations

Chapter 5. Global Sharps Container Market Size & Forecast by Product Type (2022-2032)

5.1. Segment Dashboard
5.2. Global Sharps Container Market: By Product Type Revenue Trend Analysis (2022 & 2032)
- 5.2.1. Patient Room Containers
- 5.2.2. Phlebotomy Containers
- 5.2.3. Multipurpose Containers
- 5.2.4. Others

Chapter 6. Global Sharps Container Market Size & Forecast by Usage (2022-2032)

6.1. Segment Dashboard
6.2. Global Sharps Container Market: By Usage Revenue Trend Analysis (2022 & 2032)
- 6.2.1. Single-use Containers
- 6.2.2. Reusable Containers

Chapter 7. Global Sharps Container Market Size & Forecast by Size (2022-2032)

7.1. Segment Dashboard
7.2. Global Sharps Container Market: By Size Revenue Trend Analysis (2022 & 2032)
- 7.2.1. 0-1 Gallons
- 7.2.2. 1-2 Gallons
- 7.2.3. 3-5 Gallons
- 7.2.4. 6-8 Gallons
- 7.2.5. Others

Chapter 8. Global Sharps Container Market Size & Forecast by End Use (2022-2032)

8.1. Segment Dashboard
8.2. Global Sharps Container Market: By End Use Revenue Trend Analysis (2022 & 2032)
- 8.2.1. Hospitals & Clinics
- 8.2.2. Diagnostic Laboratories
- 8.2.3. Homecare Settings
- 8.2.4. Research & Academic Institutions
- 8.2.5. Others

Chapter 9. Global Sharps Container Market Size & Forecast by Region (2022-2032)

9.1. North America
- 9.1.1. U.S.
- 9.1.2. Canada
- 9.1.3. Mexico
9.2. Europe
- 9.2.1. UK
- 9.2.2. Germany
- 9.2.3. France
- 9.2.4. Italy
- 9.2.5. Spain
- 9.2.6. Denmark
- 9.2.7. Sweden
- 9.2.8. Norway
9.3. Asia Pacific
- 9.3.1. Japan
- 9.3.2. China
- 9.3.3. India
- 9.3.4. South Korea
- 9.3.5. Australia
- 9.3.6. Thailand
9.4. Latin America
- 9.4.1. Brazil
- 9.4.2. Argentina
9.5. Middle East & Africa
- 9.5.1. South Africa
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Kuwait

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Thermo Fisher Scientific Inc.
- 10.1.2. BD
- 10.1.3. Stericycle
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Thermo Fisher Scientific Inc.
- 10.3.2. BD
- 10.3.3. BondTech Corporation (Atlas Copco AB)
- 10.3.4. Cardinal Health
- 10.3.5. Medline Industries, LP.
- 10.3.6. Daniels Sharpsmart Inc.
- 10.3.7. GPC Medical Ltd.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes