Sharps Containers Market, By Product Type (Patient Room Containers, Phlebotomy Containers, and Multipurpose Containers), By Usage Type (Infectious & Pathological Waste, Sharps Waste, Pharmaceutical Waste, and Non-Infectious & Other Waste Types), By Medical Waste Generators (Hospitals, Clinics & Physician’s Offices, Pharmaceutical Companies, Long-Term Care & Urgent Care Centers, Pharmacies, and Others), By Distribution Channel (Direct Sale, Online Sale, and Retail Sale), – By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Market Trends, Analysis, and Forecast Till 2029.

The global market for Sharps containers was valued at US$466.7 million in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 4.30% to reach US$711.1 million by 2029.

Sharps containers are made of rigid plastic, making them helpful in disposing of biomedical waste and sharp objects like lancets, syringes, and needles. The disposable waste produced by pharmacies, medical facilities, clinics, and research centers is biomedical waste. Biomedical waste requires particular handling and treatment due to its high toxicity and infectiousness. Sharps containers are available in various sizes and shapes. A new vertical product line composed of biodegradable materials has been introduced to avoid plastic. Sharps bins, another name for sharps containers, are sturdy plastic containers used by a variety of medical waste generators for the secure disposal of metal sharps waste, including syringes and hypodermic needles, as well as other sharp medical items like IV catheters and disposable scalpels.