The Europe sharps containers market is expected to grow from US$ 146.20 million in 2022 to US$ 208.57 million by 2030. It is estimated to grow at a CAGR of 4.5% from 2022 to 2030.
The increasing burden of chronic diseases is leading to a rise in the number of surgical procedures worldwide in which sharp medical instruments such as scalpels, needles, intravenous injections, and other devices are widely used. This is expected to fuel the demand for sharps containers, driving the market. Therefore, with the growing global demand for surgical procedures, the amount of medical waste in hospitals is increasing, boosting demand for sharps containers to dispose of the waste.
Based on product, the Europe sharps containers market is segmented into multipurpose containers, patient room containers, and phlebotomy containers. The multipurpose containers segment held the largest share of the Europe sharps containers market in 2022.
Based on usage, the Europe sharps containers market is segmented into reusable containers and disposable containers. The reusable containers segment held a larger share of the Europe sharps containers market in 2022.
Based on waste type, the Europe sharps containers market is segmented into infectious waste and non-infectious waste. The infectious waste held a larger share of the Europe sharps containers market in 2022.
Based on waste generators, the Europe sharps containers market is segmented into hospitals, pharmaceutical companies, laboratories, clinics & physician’s offices, and others. The hospitals held the largest share of the Europe sharps containers market in 2022.
Based on container size, the Europe sharps containers market is segmented into 1-3 gallons, 4-6 gallons, 7-8 gallons, and others. The 1-3 gallons held the largest share of the Europe sharps containers market in 2022.
Based on distribution channel, the Europe sharps containers market is segmented into medical supply companies, pharmacies, online sale, and others. The medical supply companies held the largest share of the Europe sharps containers market in 2022.
Based on country, the Europe sharps containers market is segmented int o the UK, France, Germany, Spain, Italy, and the Rest of Europe. Germany dominated the Europe sharps containers market in 2022.
Sanypick Plastic SA, Mauser Group NV, Stericycle Inc, and Becton Dickinson and Co are some of the leading companies operating in the Europe sharps containers market.
Rise in Hospitalizations in Private and Public Hospitals Across the Globe Fuels Europe Sharps Containers Market
Hospitals generate a large amount of waste, so more single-use containers are required. Growing need for waste disposal and management and regulatory compliance for medical waste disposal, increasing surgeries and infections, and surging patient visits to hospitals are driving the sharps container market. The increasing use of sharps with the proliferation of healthcare facilities, rise in surgical procedures, and growing healthcare concerns due to needlestick injuries fuel the demand for sharps disposal products. Several studies found that healthcare facilities still dispose of injections and other sharps waste in open pits or boxes instead of using disposal containers, which in turn increases the need to use effective sharp drop devices in these facilities. The continued development and updating of government policies and initiatives by public/private entities related to waste management will require compliance.The increasing burden of chronic diseases is leading to a rise in the number of surgical procedures worldwide in which sharp medical instruments such as scalpels, needles, intravenous injections, and other devices are widely used. This is expected to fuel the demand for sharps containers, driving the market. Therefore, with the growing global demand for surgical procedures, the amount of medical waste in hospitals is increasing, boosting demand for sharps containers to dispose of the waste.
Europe Sharps Containers Market Overview
The growing prevalence of diseases such as diabetes and the ongoing vaccination campaign against COVID-19 have resulted in a large volume of sharps and sharps waste requiring proper disposal. Regulators in Europe are taking initiatives to introduce favorable and strict guidelines for reusable sharp containers that are environmentally friendly and offer cost-effective features. A survey was conducted in 2020 by Health Care Without Harm (HCWH) Europe to understand waste management practices and challenges in European hospitals. 25 responses were received from 9 countries in Europe, of which nearly 92.0% of respondents had a specific waste sorting and collection training program, and 68.0% of respondents' training program included a strategic plan, promotion of recycling culture, and reuse program and a reduction in packaging as procurement criteria. Such initiatives raise awareness of medical waste management in healthcare facilities, leading to effective medical waste management and subsequently increasing the adoption of sharps containers.Europe Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
Europe Sharps Containers Market Segmentation
The Europe sharps containers market is segmented into product, usage, waste type, waste generators, container size, distribution channel, and country.Based on product, the Europe sharps containers market is segmented into multipurpose containers, patient room containers, and phlebotomy containers. The multipurpose containers segment held the largest share of the Europe sharps containers market in 2022.
Based on usage, the Europe sharps containers market is segmented into reusable containers and disposable containers. The reusable containers segment held a larger share of the Europe sharps containers market in 2022.
Based on waste type, the Europe sharps containers market is segmented into infectious waste and non-infectious waste. The infectious waste held a larger share of the Europe sharps containers market in 2022.
Based on waste generators, the Europe sharps containers market is segmented into hospitals, pharmaceutical companies, laboratories, clinics & physician’s offices, and others. The hospitals held the largest share of the Europe sharps containers market in 2022.
Based on container size, the Europe sharps containers market is segmented into 1-3 gallons, 4-6 gallons, 7-8 gallons, and others. The 1-3 gallons held the largest share of the Europe sharps containers market in 2022.
Based on distribution channel, the Europe sharps containers market is segmented into medical supply companies, pharmacies, online sale, and others. The medical supply companies held the largest share of the Europe sharps containers market in 2022.
Based on country, the Europe sharps containers market is segmented int o the UK, France, Germany, Spain, Italy, and the Rest of Europe. Germany dominated the Europe sharps containers market in 2022.
Sanypick Plastic SA, Mauser Group NV, Stericycle Inc, and Becton Dickinson and Co are some of the leading companies operating in the Europe sharps containers market.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Europe Sharps Containers Market Landscape
5. Europe Sharps Containers Market - Key Industry Dynamics
6. Sharps Containers Market - Europe Market Analysis
7. Europe Sharps Containers Market - Revenue and Forecast to 2030 - by Product
8. Europe Sharps Containers Market - Revenue and Forecast to 2030 - by Usage.
9. Europe Sharps Containers Market - Revenue and Forecast to 2030 - by Waste Type
10. Europe Sharps Containers Market - Revenue and Forecast to 2030 - by Waste Generators
11. Europe Sharps Containers Market - Revenue and Forecast to 2030 - by Container Size
12. Europe Sharps Containers Market - Revenue and Forecast to 2030 - by Distribution Channel
13. Europe Sharps Containers Market - Country Analysis
14. Europe Sharps Containers Market, Key Company Profiles
15. Appendix
List of Tables
List of Figures
Executive Summary
At 4.5% CAGR, the Europe Sharps Containers Market is speculated to be worth US$ 208.57 million by 2030.According to this research, the Europe sharps containers market was valued at US$ 146.20 million in 2022 and is expected to reach US$ 208.57 million by 2030, registering a CAGR of 4.5% from 2022 to 2030. Increase in generation of medical waste and increasing government initiatives for safe sharps disposal are among the critical factors attributed to the Europe sharps containers market expansion.
Today, safe practices related to the handling and disposal of sharp healthcare instruments are being implemented to protect staff, patients, and visitors from exposure to bloodborne infections. In addition, concerned authorities, such as National Health Service (NHS) and Food and Drug Administration (FDA), have taken sharps disposal initiatives to reduce the risks involved. The waste is classified as biomedical waste, which includes items that can pierce the skin, such as blades, needles, syringes, lancets, knives, scissors, broken glass, and sharp plastic. The ultimate goal of sharps waste management is to carefully handle and treat sharp materials until disposal.
Government agencies make the necessary efforts to implement guidelines for the effective disposal of medical waste. The World Health Organization (WHO) and other regulatory agencies worldwide have established standard guidelines for the disposal and management of biomedical waste. All pharmaceutical companies, research institutes, hospitals, and other healthcare providers must comply with governing body guidelines. Manufacturers are also required to follow certain guidelines when manufacturing sharps containers.
Therefore, the increase in initiatives and guidelines by regulatory agencies for the safe disposal of sharps is expected to provide growth opportunities for the Europe sharps containers market.
On the contrary, lack of awareness about proper methods of sharps waste containment & disposal hampers the Europe sharps containers market.
Based on product, the Europe sharps containers market is segmented into multipurpose containers, patient room containers, and phlebotomy containers. The multipurpose containers segment held 42.4% share of Europe sharps containers market in 2022, amassing US$ 61.96 million. It is projected to garner US$ 90.83 million by 2030 to expand at 4.9% CAGR during 2022-2030.
Based on usage, the Europe sharps containers market is segmented into reusable containers and disposable containers. The reusable containers segment held 64.1% share of Europe sharps containers market in 2022, amassing US$ 93.69 million. It is projected to garner US$ 130.33 million by 2030 to expand at 4.2% CAGR during 2022-2030.
Based on waste type, the Europe sharps containers market is segmented into infectious waste and non-infectious waste. The infectious waste segment held 71.9% share of Europe sharps containers market in 2022, amassing US$ 105.06 million. It is projected to garner US$ 152.00 million by 2030 to expand at 4.7% CAGR during 2022-2030.
Based on waste generators, the Europe sharps containers market is segmented into hospitals, pharmaceutical companies, laboratories, clinics & physician’s offices, and others. The hospitals segment held 46.3% share of Europe sharps containers market in 2022, amassing US$ 61.17 million. It is projected to garner US$ 92.12 million by 2030 to expand at 5.3% CAGR during 2022-2030.
Based on container size, the Europe sharps containers market is segmented into 1-3 gallons, 4-6 gallons, 7-8 gallons, and others. The 1-3 gallons segment held 40.7% share of Europe sharps containers market in 2022, amassing US$ 59.45 million. It is projected to garner US$ 87.55 million by 2030 to expand at 5.0% CAGR during 2022-2030.
Based on distribution channel, the Europe sharps containers market is segmented into medical supply companies, pharmacies, online sale, and others. The medical supply companies segment held 46.1% share of Europe sharps containers market in 2022, amassing US$ 67.36 million. It is projected to garner US$ 97.84 million by 2030 to expand at 4.8% CAGR during 2022-2030.
Based on country, the Europe sharps containers market has been categorized into the UK, France, Germany, Spain, Italy, and the Rest of Europe. Our regional analysis states that Germany captured 24.2% share of Europe sharps containers market in 2022. It was assessed at US$ 35.45 million in 2022 and is likely to hit US$ 53.07 million by 2030, exhibiting a CAGR of 5.2% during 2022-2030.
Key players operating in the Europe sharps containers market are Sanypick Plastic SA, Mauser Group NV, Stericycle Inc, and Becton Dickinson and Co, among others.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Sanypick Plastic SA
- Mauser Group NV
- Stericycle Inc
- Becton Dickinson and Co
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 92 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value in 2022 | 146.2 Million |
| Forecasted Market Value by 2030 | 208.57 Million |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Europe |
