Sharps Container Manufacturer in China | BOYUE Medical

Sharps Containers are important in terms of handling waste produced by medical institutes and healthcare centers and household waste.

Such waste usually consists of hypodermic needles, syringes, disposable scalpels, catheters and other metal sharps waste.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=28175In a recent sharps containers market study, Transparency Market Research (TMR) notes that the market will chart a steady 4.4% of CAGR (Compound Annual Growth Rate), between 2017 and 2025, taking the market worth up to USD 660.9 mn by the end of the forecast period from a USD 450 million observed in the year of 2016.A number of trends and drivers are pushing the global sharps containers market on an upward growth trajectory and some of these include strict government regulations governing medical waste and rise in surgical operations.The global sharps container market is fragmented and prominent players in the market are Medtronic, Becton, Dickinson and Company, Daniels Health, Sharps Compliance, Inc., MAUSER, EnviroTain, LLC, Bondtech Corporation, Bemis Manufacturing Company, and Henry Schein, Inc, among othersRequest COVID Analysis on Sharps Containers Market- https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=28175 Increase in Geriatric Waste to Pave the Way for Growth in Sharps Containers Market over the Forecast PeriodGeriatric population is reaching new highs.

It is quite interesting to note here that it is a steep rise from a mere 900 million in the year 2015.

Aldo, in these three decade, the world will see one in every six people flank the 65 an over age group – a condition more pronounced in Europe and North America (one in every four people from the two regions to occupy the stated age bracket.In fact, there is a massive demographic shift that was noted in the year 2018.

Besides a rise in disposable income is positively contributing to this growth.Request Customization on Sharps Containers Market Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR_id=28175North America to Demonstrate Impressive Performance over the Forecast PeriodThanks to rising geriatric population, robust healthcare infrastructure, a good reimbursement policy and presence of numerous prominent market players, the North American region will account for a major share of the global sharps market over the forecast period.

The other region that will present players with new opportunities include the Asia Pacific (APAC) which is witnessing great economic performance by nations marking the regional landscape.

Market OverviewThe global sharps containers market size is projected to reach USD 624.1 million by 2026, exhibiting a CAGR of 4.2% during the forecast period.

Furthermore, a joint survey by WHO and UNICEF in 2015 found that more than 40% of health facilities in 24 countries lacked essential systems for safe biomedical waste disposal.

These numbers highlight the critical need for efficient health waste disposal equipment, especially in developing countries, which bodes well for this market.Request a Sample Copy of the Research ReportCOVID-19 ImpactThe on-going corona virus pandemic has created an unprecedented health and economic crisis globally.

Besides this, the report addresses the following questions:What are the current and future market trends?Which factors are driving and restraining the market?Which are the leading market segments?Who are the top market players and what are their main strategies?How are regional developments influencing the market growth?Market DriverRising Adoption of Reusable Sharps Containers to Favor Market GrowthReusable medical waste disposal devices, as the name suggests, can used multiple times before they are discarded.

Strong medical supply chains in the European Union countries are likely to augment the market in Europe.Have Any Query?

Ask Our ExpertsCompetitive LandscapeKey Players to Focus on Meeting Challenges Posed by COVID-19The COVID-19 pandemic has taken the world by storm and major players in this market are focused on formulating strategies to effectively deal with the impending health crisis.