Sharps Waste Disposal Solutions Market Research：the global market size is projected to reach USD 47.78 billion by 2029

Sharps waste disposal solutions refer to service solutions for the treatment and recycling of sharps wastes. The sharps waste is anything that can penetrate the skin, such as needles, syringes, lancets and other medical instruments. Improper disposal of sharps waste can pose significant health risks to individuals, including the risk of injury and infection. Sharps waste disposal solutions specifically include containers designed to safely contain sharps waste, destruction devices, sharps waste collection plans, which are effective solutions for the safe and responsible disposal of sharps waste.

According to the new market research report “Sharps Waste Disposal Solutions - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-20309”, published by QYResearch, the global Sharps Waste Disposal Solutions market size is projected to reach USD 47.78 billion by 2029, at a CAGR of 10.2% during the forecast period.

• Global Sharps Waste Disposal Solutions MarketSize(US$ Million), 2018-2029

Source: QYResearch, "Sharps Waste Disposal Solutions - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

• Global Sharps Waste Disposal Solutions Top14 Players Rankingand Market Share (Ranking is based on the revenue of 2022, continually updated)

Source: QYResearch, "Sharps Waste Disposal Solutions - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

According to QYResearch Top Players Research Center, the global key manufacturers of Sharps Waste Disposal Solutions include Stericycle, Waste Management, Veolia, Remondis, Clean Harbors, Cleanaway, Sharps Medical Waste Services, Daniels Health, Republic Services, Logistics Recycling, etc.

In 2022, the global top five players had a share approximately 40.0% in terms of revenue.

• Sharps Waste Disposal Solutions,Global Market Size, Split by Product Segment

Source: QYResearch, "Sharps Waste Disposal Solutions - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

In terms of product type, currently Disposable Sharps Solution is the largest segment, hold a share of 81.9%.

• Sharps Waste Disposal Solutions,Global Market Size, Split by ApplicationSegment

Source: QYResearch, "Sharps Waste Disposal Solutions - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

In terms of product application, currently Medical Institution is the largest segment, hold a share of 85.9%.

• Sharps Waste Disposal Solutions,Global Market Size, Split by Region

Source: QYResearch, "Sharps Waste Disposal Solutions - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

Market Drivers:

Increasing awareness of the importance of proper sharps waste management in healthcare facilities.

Stringent regulations mandating safe disposal of medical sharps to prevent occupational hazards.

Rising prevalence of chronic diseases requiring frequent medical interventions, leading to higher generation of sharps waste.

Restraint:

High initial investment costs associated with implementing sharps waste disposal solutions.

Lack of standardized guidelines and infrastructure in certain regions for efficient sharps waste management.

Limited adoption of advanced disposal technologies due to concerns about compatibility with existing systems.

Opportunity:

Growing demand for eco-friendly and sustainable waste management solutions, driving innovation in sharps waste disposal methods.

Expansion of healthcare infrastructure in developing regions, creating opportunities for providers of sharps waste disposal services.

Collaborations between healthcare facilities and waste management companies to develop comprehensive sharps waste disposal programs.

About The Authors

Tongtong Niu - Lead Author

Email: niutongtong@qyresearch.com

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

Contact Us:

If you have any queries regarding this report or if you would like further information, please contact us:

QY Research Inc.

Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States

E-mail: global@qyresearch.com

Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)

EN: https://www.qyresearch.com

JP: https://www.qyresearch.co.jp