HEALTHCARE
Global Medical Waste Containers Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Medical Waste Containers Market, By Product (Chemotherapy Containers, Biohazard Medical Waste Containers, RCRA (Resource Conservation and Recovery Act) Containers, Pharmaceutical Containers, Sharps Containers), Waste Type (Infectious & Pathological Waste, Non-infectious Waste, Radioactive Waste, Sharps Waste, Pharmaceutical Waste), Usage Type (Disposable Medical Waste Containers, Reusable Medical Waste Containers), Medical Waste Generators (Hospitals, Clinics & Physicians’ Offices, Pharmaceutical Companies, Long-Term Care & Urgent Care Centers, Pharmacies, Other Generators), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global medical waste containers market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
A urinary catheter is a flexible tube that is put into the bladder through the urethra to drain urine. It is generally used in medical settings for people who are unable to pee normally due to surgery, injury, or other medical issues. It facilitates precise urine output assessment and aids in the management of urinary retention. The medical waste containers market includes products that are intended for the safe collection, storage, and disposal of medical waste generated in healthcare institutions. These containers ensure that potentially infectious waste products, such as sharps, biohazardous materials, and pharmaceutical waste, are handled according to regulatory criteria. The market offers a range of containers, including bins, sharps containers, and biohazard bags, to meet the rising demand brought on by strict waste management laws and an increase in healthcare-related activities around the world.
The respective global report analyses market trends, consumer behaviour and industry dynamics to guide towards entry into new markets with ease. Also, it assists in tailoring market specific and related products and services to meet the needs, preferences, and expectations of target audience by delving into their psychology. The report also specializes with comprehensive and extensive competitive analysis which offers useful insights into competitor strengths, weaknesses, opportunities, and threats. The respective report offers exclusive insights into the potential impact of disruptive developments and technologies that are expected to completely transform corporate operations. The context includes tailor-made research solutions to create a stronger footprint in their particular industries thereby offering dedicated customized solutions according to the client needs which helps in addressing unique business challenges with more simplified and efficient decision-making solutions.
Market Dynamics
DRIVERS
- Rising prevalence of urinary disorders.
- Technological advancements in catheter materials and designs.
RESTRAINTS
- Risk of urinary tract infections (UTIs) associated with catheter use.
- Stringent regulatory requirements for product approval.
OPPORTUNITIES
- Growing healthcare expenditure in emerging economies.
- Development of antimicrobial and coated catheters.
CHALLENGES
- Limited reimbursement policies for catheter procedures.
- Patient discomfort and complications related to long-term catheter use.
SEGMENTATION
- Product
- Chemotherapy Containers
- Biohazard Medical Waste Containers
- RCRA (Resource Conservation and Recovery Act) Containers
- Pharmaceutical Containers
- Sharps Containers
- Waste Type
- Infectious & Pathological Waste
- Non-infectious Waste
- Radioactive Waste
- Sharps Waste
- Pharmaceutical Waste
- Usage Type
- Disposable Medical Waste Containers
- Reusable Medical Waste Containers
- Medical Waste Generators
- Hospitals
- Clinics & Physicians’ Offices
- Pharmaceutical Companies
- Long-Term Care & Urgent Care Centers
- Pharmacies
- Other Generators
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, and segments as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- Henry Schein Inc.
- Becton Dickinson & Company (BD)
- Medtronic Plc.
- Daniels Health
- Bemis Manufacturing Company
- Bondtech Corporation
- Terra Universal Inc.
- Thermo Fisher Scientific Inc.
- EnviroTain LLC
- Mauser Packaging Solutions
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Medical Waste Containers Market, by Product
- 3.2 Global Medical Waste Containers Market, by Waste Type
- 3.3 Global Medical Waste Containers Market, by Usage Type
- 3.4 Global Medical Waste Containers Market, by Medical Waste Generators
- 3.5 Global Medical Waste Containers Market, by Geography
- 3.6 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Increasing demand for minimally invasive procedures.
- 5.1.2 Growth in elderly population globally.
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Rising prevalence of urinary disorders.
- 5.2.2 Technological advancements in catheter materials and designs.
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Risk of urinary tract infections (UTIs) associated with catheter use.
- 5.3.2 Stringent regulatory requirements for product approval.
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Growing healthcare expenditure in emerging economies.
- 5.4.2 Development of antimicrobial and coated catheters.
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Limited reimbursement policies for catheter procedures.
- 5.5.2 Patient discomfort and complications related to long-term catheter use.
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL MEDICAL WASTE CONTAINERS MARKET, BY PRODUCT
- 6.1 Product Summary
- 6.2 Market Attractive Index
- 6.3 Global Medical Waste Containers Market, by Product (2019-2032)
- SECTION 7 - GLOBAL MEDICAL WASTE CONTAINERS MARKET, BY WASTE TYPE
- 7.1 Waste Type Summary
- 7.2 Market Attractive Index
- 7.3 Global Medical Waste Containers Market, by Waste Type (2019-2032)
- SECTION 8 - GLOBAL MEDICAL WASTE CONTAINERS MARKET, BY USAGE TYPE
- 8.1 Usage Type Summary
- 8.2 Market Attractive Index
- 8.3 Global Medical Waste Containers Market, by Usage Type (2019-2032)
- SECTION 9 - GLOBAL MEDICAL WASTE CONTAINERS MARKET, BY MEDICAL WASTE GENERATORS
- 9.1 Medical Waste Generators Summary
- 9.2 Market Attractive Index
- 9.3 Global Medical Waste Containers Market, by Medical Waste Generators (2019-2032)
- SECTION 10 - GLOBAL MEDICAL WASTE CONTAINERS MARKET, BY GEOGRAPHY
- 10.1 Regional Summary
- 10.2 Market Attractive Index
- 10.3 Global Medical Waste Containers Market, by Geography (2019-2032)
- SECTION 11 - NORTH AMERICA MEDICAL WASTE CONTAINERS MARKET
- 11.1 North America Summary
- 11.2 Market Attractive Index
- 11.3 North America Medical Waste Containers Market, by Product (2019-2032)
- 11.4 North America Medical Waste Containers Market, by Waste Type (2019-2032)
- 11.5 North America Medical Waste Containers Market, by Usage Type (2019-2032)
- 11.6 North America Medical Waste Containers Market, by Medical Waste Generators (2019-2032)
- 11.7 North America Medical Waste Containers Market, by Country (2019-2032)
- 11.7.1 U.S.
- 11.7.2 Canada
- 11.7.3 Mexico
- 11.7.4 Rest of North America
- SECTION 12 - EUROPE MEDICAL WASTE CONTAINERS MARKET
- 12.1 Europe Summary
- 12.2 Market Attractive Index
- 12.3 Europe Medical Waste Containers Market, by Product (2019-2032)
- 12.4 Europe Medical Waste Containers Market, by Waste Type (2019-2032)
- 12.5 Europe Medical Waste Containers Market, by Usage Type (2019-2032)
- 12.6 Europe Medical Waste Containers Market, by Medical Waste Generators (2019-2032)
- 12.7 Europe Medical Waste Containers Market, by Country (2019-2032)
- 12.7.1 Germany
- 12.7.2 U.K.
- 12.7.3 France
- 12.7.4 Italy
- 12.7.5 Spain
- 12.7.6 Russia
- 12.7.7 The Netherlands
- 12.7.8 Belgium
- 12.7.9 Turkey
- 12.7.10 Rest of Europe
- SECTION 13 - ASIA-PACIFIC MEDICAL WASTE CONTAINERS MARKET
- 13.1 Asia-Pacific Summary
- 13.2 Market Attractive Index
- 13.3 Asia-Pacific Medical Waste Containers Market, by Product (2019-2032)
- 13.4 Asia-Pacific Medical Waste Containers Market, by Waste Type (2019-2032)
- 13.5 Asia-Pacific Medical Waste Containers Market, by Usage Type (2019-2032)
- 13.6 Asia-Pacific Medical Waste Containers Market, by Medical Waste Generators (2019-2032)
- 13.7 Asia-Pacific Medical Waste Containers Market, by Country (2019-2032)
- 13.7.1 China
- 13.7.2 India
- 13.7.3 Japan
- 13.7.4 South Korea
- 13.7.5 Singapore
- 13.7.6 Malaysia
- 13.7.7 Australia
- 13.7.8 Thailand
- 13.7.9 Philippines
- 13.7.10 Rest of Asia-Pacific
- SECTION 14 - SOUTH AMERICA MEDICAL WASTE CONTAINERS MARKET
- 14.1 South America Summary
- 14.2 Market Attractive Index
- 14.3 South America Medical Waste Containers Market, by Product (2019-2032)
- 14.4 South America Medical Waste Containers Market, by Waste Type (2019-2032)
- 14.5 South America Medical Waste Containers Market, by Usage Type (2019-2032)
- 14.6 South America Medical Waste Containers Market, by Medical Waste Generators (2019-2032)
- 14.7 South America Medical Waste Containers Market, by Country (2019-2032)
- 14.12.1 Brazil
- 14.12.2 Argentina
- 14.12.3 Chile
- 14.12.4 Colombia
- 14.12.5 Rest of South America
- SECTION 15 - MIDDLE EAST AND AFRICA MEDICAL WASTE CONTAINERS MARKET
- 15.1 Middle East and Africa Summary
- 15.2 Market Attractive Index
- 15.3 Middle East and Africa Medical Waste Containers Market, by Product (2019-2032)
- 15.4 Middle East and Africa Medical Waste Containers Market, by Waste Type (2019-2032)
- 15.5 Middle East and Africa Medical Waste Containers Market, by Usage Type (2019-2032)
- 15.6 Middle East and Africa Medical Waste Containers Market, by Medical Waste Generators (2019-2032)
- 15.7 Middle East and Africa Medical Waste Containers Market, by Country (2019-2032)
- 15.7.1 Kingdom of Saudi Arabia
- 15.7.2 South Africa
- 15.7.3 U.A.E.
- 15.7.4 Egypt
- 15.7.5 Rest of Middle East and Africa
- SECTION 16 - COMPANY SHARE ANALYSIS
- 16.1 Global Medical Waste Containers Market, Company Share Analysis
- 16.2 North America Medical Waste Containers Market, Company Share Analysis
- 16.3 Europe Medical Waste Containers Market, Company Share Analysis
- 16.4 Asia-Pacific Medical Waste Containers Market, Company Share Analysis
- SECTION 17 - COMPANY PROFILES
- 17.1 Henry Schein Inc.
- 17.1.1 Company Snapshot
- 17.1.2 Financial Overview
- 17.1.3 Product Portfolio
- 17.1.4 Recent Developments
- 17.2 Becton Dickinson & Company (BD)
- 17.2.1 Company Snapshot
- 17.2.2 Financial Overview
- 17.2.3 Product Portfolio
- 17.2.4 Recent Developments
- 17.3 Medtronic Plc.
- 17.3.1 Company Snapshot
- 17.3.2 Financial Overview
- 17.3.3 Product Portfolio
- 17.3.4 Recent Developments
- 17.4 Daniels Health
- 17.4.1 Company Snapshot
- 17.4.2 Financial Overview
- 17.4.3 Product Portfolio
- 17.4.4 Recent Developments
- 17.5 Bemis Manufacturing Company
- 17.5.1 Company Snapshot
- 17.5.2 Financial Overview
- 17.5.3 Product Portfolio
- 17.5.4 Recent Developments
- 17.6 Bondtech Corporation
- 17.6.1 Company Snapshot
- 17.6.2 Financial Overview
- 17.6.3 Product Portfolio
- 17.6.4 Recent Developments
- 17.7 Terra Universal Inc.
- 17.7.1 Company Snapshot
- 17.7.2 Financial Overview
- 17.7.3 Product Portfolio
- 17.7.4 Recent Developments
- 17.8 Thermo Fisher Scientific Inc.
- 17.8.1 Company Snapshot
- 17.8.2 Financial Overview
- 17.8.3 Product Portfolio
- 17.8.4 Recent Developments
- 17.9 EnviroTain LLC
- 17.9.1 Company Snapshot
- 17.9.2 Financial Overview
- 17.9.3 Product Portfolio
- 17.9.4 Recent Developments
- 17.10 Mauser Packaging Solutions
- 17.10.1 Company Snapshot
- 17.10.2 Financial Overview
- 17.10.3 Product Portfolio
- 17.10.4 Recent Developments
- SECTION 18 - RELATED REPORTS
- SECTION 19 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.