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Global Medical Waste Containers Market to reach USD 2.70 billion by 2027.

Global Medical Waste Containers Market Size study, by Type (Chemotherapy Containers, Pharmaceutical Containers, Sharps Containers, RCRA Containers and Biohazard Medical Waste Containers) By Application (Hospitals, Clinics, Long Term Care & Urgent Care Centers and Other) and Regional Forecasts 2020-2027

Product Code: HALMDAE_27111735
Publish Date: 14-12-2020
Page: 200

Global Medical Waste Containers Market is valued approximately USD 1.80 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.10 % over the forecast period 2020-2027. Medical waste containers are used to contain organs, non-viable fetuses, body parts, blood, body fluids and other hazardous wastes generated from pharmaceutical research institutes and hospitals. With the rise in research and development in the pharmaceutical field along with the rising number of surgeries globally, the waste generated has also increased. Since the medical waste containers are mostly preferred to contain hazardous medical waste as these containers are used to transport the waste to the disposal site. Safely containing this waste has resulted in the prevention of illness from exposure to the waste. As a result, private companies are also making several efforts to launch new products in the market which would drive the growth of the market. Rising medical waste and rise in investments in research and development of novel medical waste containers along with the governments strict safety and environmental conservation policies regarding the containment and disposal of waste would drive the growth of the market during the forecast period of 2020-2027. As per a joint report by Associated Chambers of Commerce and Industry of India (Assocham) and Velocity in 2018, the total quantity of medical waste generated in India (in 2018) was 550 TPD, and these figures are likely to increase close to 775.5 TPD by 2022. As a result, the need for medical waste containers would increase which as medical waste management is considered as a crucial issue and medical waste containers are rescue to the increasing infections due to medical waste. As a result, the demand for medical waste containers would increase. However, compromised quality of some disposal containers is hampering the growth of the market during the forecast period of 2020-2027.

The regional analysis of global Medical Waste Containers market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region due to the highly developed health care sector, presence of major market player along with the increase in prevalence of chronic & infectious diseases that require advanced surgical & medical aids and generate significant medical residues and waste. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Bemis Manufacturing Company
Thermo Fisher Scientific
Becton, Dickinson and Company,
Daniels Health
Bondtech Corporation
Henry Schein
Terra Universal

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Chemotherapy Containers
Pharmaceutical Containers
Sharps Containers
Resource Conservation and Recovery Act(RCRA) Containers
Biohazard Medical Waste Containers
By Application:
Long Term Care & Urgent Care Centers
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Medical Waste Containers Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Medical Waste Containers Market, by Region, 2018-2027 (USD Billion)
1.2.2. Medical Waste Containers Market, by Type 2018-2027 (USD Billion)
1.2.3. Medical Waste Containers Market, by Application 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Medical Waste Containers Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Medical Waste Containers Market Dynamics
3.1. Medical Waste Containers Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Medical Waste Containers Market Industry Analysis
4.1. Porter’s 5 Force 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. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Medical Waste Containers Market, by Type
5.1. Market Snapshot
5.2. Global Medical Waste Containers Market by Type, Performance – Potential Analysis
5.3. Global Medical Waste Containers Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Medical Waste Containers Market, Sub Segment Analysis
5.4.1. Chemotherapy Containers
5.4.2. Pharmaceutical Containers
5.4.3. Sharps Containers
5.4.4. Resource Conservation and Recovery Act(RCRA) Containers
5.4.5. Biohazard Medical Waste Containers
Chapter 6. Global Medical Waste Containers Market, by Application
6.1. Market Snapshot
6.2. Global Medical Waste Containers Market by Application, Performance – Potential Analysis
6.3. Global Medical Waste Containers Market Estimates & Forecasts by Application 2017 -2027 (USD Billion)
6.4. Medical Waste Containers Market, Sub Segment Analysis
6.4.1. Hospitals
6.4.2. Clinics
6.4.3. Long Term Care & Urgent Care Centers
6.4.4. Other
Chapter 7. Global Medical Waste Containers Market, Regional Analysis
7.1. Medical Waste Containers Market, Regional Market Snapshot
7.2. North America Medical Waste Containers Market
7.2.1. U.S. Medical Waste Containers Market Type breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Medical Waste Containers Market
7.3. Europe Medical Waste Containers Market Snapshot
7.3.1. U.K. Medical Waste Containers Market
7.3.2. Germany Medical Waste Containers Market
7.3.3. France Medical Waste Containers Market
7.3.4. Spain Medical Waste Containers Market
7.3.5. Italy Medical Waste Containers Market
7.3.6. Rest of Europe Medical Waste Containers Market
7.4. Asia-Pacific Medical Waste Containers Market Snapshot
7.4.1. China Medical Waste Containers Market
7.4.2. India Medical Waste Containers Market
7.4.3. Japan Medical Waste Containers Market
7.4.4. Australia Medical Waste Containers Market
7.4.5. South Korea Medical Waste Containers Market
7.4.6. Rest of Asia Pacific Medical Waste Containers Market
7.5. Latin America Medical Waste Containers Market Snapshot
7.5.1. Brazil Medical Waste Containers Market
7.5.2. Mexico Medical Waste Containers Market
7.6. Rest of The World Medical Waste Containers Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Medtronic Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Bemis Manufacturing Company
8.2.3. Thermo Fisher Scientific
8.2.4. Becton, Dickinson and Company
8.2.5. MAUSER Group
8.2.6. Daniels Health
8.2.7. Bondtech Corporation
8.2.8. Henry Schein
8.2.9. EnviroTain
8.2.10. Terra Universal
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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