Product Code: BMIRE00029194
The South & Central America sharps containers market is expected to grow from US$ 20.75 million in 2022 to US$ 29.22 million by 2030. It is estimated to grow at a CAGR of 4.4% from 2022 to 2030.
Increasing Government Initiatives for Safe Sharps Disposal Fuels South & Central America Sharps Containers Market
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 South & Central America sharps containers market.
South & Central America Sharps Containers Market Overview
The South & Central America sharps containers market is segmented into Argentina, Brazil, and the Rest of South & Central America. The market is expected to grow owing to the increasing ubiquity of diabetes (both type I and type II). According to the estimates of the International Diabetes Federation, the global prevalence of diabetes is expected to increase from 366 million in 2011 to 552 million by 2030, and such rapid growth in prevalence is expected to have a significant impact on the market growth over the forecast period. Additionally, the introduction of regulations in favor of insulin manufacturers in the region has encouraged various multinational companies to enter into establishing production units. Furthermore, the region is expected to experience growth opportunities due to the increasing prevalence of chronic disease in the countries, rising number of surgical procedures, and the growing medical tourism industry for surgeries are expected to boost the South & Central America sharps containers market during the forecast period.
South & Central America Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Sharps Containers Market Segmentation
The South & Central America sharps containers market is segmented into product, usage, waste type, waste generators, container size, distribution channel, and country.
Based on product, the South & Central America sharps containers market is segmented into multipurpose containers, patient room containers, and phlebotomy containers. The multipurpose containers segment held the largest share of the South & Central America sharps containers market in 2022.
Based on usage, the South & Central America sharps containers market is segmented into reusable containers and disposable containers. The reusable containers segment held a larger share of the South & Central America sharps containers market in 2022.
Based on waste type, the South & Central America sharps containers market is segmented into infectious waste and non-infectious waste. The infectious waste held a larger share of the South & Central America sharps containers market in 2022.
Based on waste generators, the South & Central America sharps containers market is segmented into hospitals, pharmaceutical companies, laboratories, clinics & physician's offices, and others. The hospitals held the largest share of the South & Central America sharps containers market in 2022.
Based on container size, the South & Central America 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 South & Central America sharps containers market in 2022.
Based on distribution channel, the South & Central America sharps containers market is segmented into medical supply companies, pharmacies, online sale, and others. The medical supply companies held the largest share of the South & Central America sharps containers market in 2022.
Based on country, the South & Central America sharps containers market is segmented int o Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America sharps containers market in 2022.
Stericycle Inc, GPC Medical Ltd, Becton Dickinson and Co, and Mauser Group NV are some of the leading companies operating in the South & Central America sharps containers market.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America Sharps Containers Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the South & Central America Sharps Containers Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
4. South & Central America Sharps Containers Market Landscape
- 4.1 Overview
- 4.2 South & Central America PEST Analysis
5. South & Central America Sharps Containers Market - Key Industry Dynamics
- 5.1 Key Market Drivers:
- 5.1.1 Increase in Generation of Medical Waste
- 5.1.2 Rise in Hospitalizations in Private and Public Hospitals Globally
- 5.2 Market Restraints
- 5.2.1 Lack of Awareness About Proper Methods of Sharps Waste Containment and Disposal
- 5.3 Market Opportunities
- 5.3.1 Increasing Initiatives and Guidelines by Regulatory Agencies for Safe Sharps Disposal
- 5.4 Future Trends
- 5.4.1 Growing Use of Multipurpose Containers
- 5.5 Impact Analysis:
6. Sharps Containers Market - South & Central America Market Analysis
- 6.1 South & Central America Sharps Containers Market Revenue (US$ Million), 2022 - 2030
7. South & Central America Sharps Containers Market - Revenue and Forecast to 2030 - by Product
- 7.1 Overview
- 7.2 South & Central America Sharps Containers Market Revenue Share, by Product 2022 & 2030 (%)
- 7.3 Multipurpose Containers
- 7.3.1 Overview
- 7.3.2 Multipurpose Containers: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 7.4 Patient Room Containers
- 7.4.1 Overview
- 7.4.2 Patient Room Containers: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 7.5 Phlebotomy Containers
- 7.5.1 Overview
- 7.5.2 Phlebotomy Containers: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
8. South & Central America Sharps Containers Market - Revenue and Forecast to 2030 - by Usage.
- 8.1 Overview
- 8.2 South & Central America Sharps Containers Market Revenue Share, by Usage 2022 & 2030 (%)
- 8.3 Reusable Containers
- 8.3.1 Overview
- 8.3.2 Reusable Containers: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 8.4 Disposable Containers
- 8.4.1 Overview
- 8.4.2 Disposable Containers: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
9. South & Central America Sharps Containers Market - Revenue and Forecast to 2030 - by Waste Type
- 9.1 Overview
- 9.2 South & Central America Sharps Containers Market Revenue Share, by Waste Type 2022 & 2030 (%)
- 9.3 Infectious Waste
- 9.3.1 Overview
- 9.3.2 Infectious Waste: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 9.4 Non-Infectious Waste
- 9.4.1 Overview
- 9.4.2 Non-Infectious Waste: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
10. South & Central America Sharps Containers Market - Revenue and Forecast to 2030 - by Waste Generators
- 10.1 Overview
- 10.2 South & Central America Sharps Containers Market Revenue Share, by Waste Generators 2022 & 2030 (%)
- 10.3 Hospitals
- 10.3.1 Overview
- 10.3.2 Hospitals: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 10.4 Pharmaceutical Companies
- 10.4.1 Overview
- 10.4.2 Pharmaceutical Companies: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 10.5 Laboratories
- 10.5.1 Overview
- 10.5.2 Laboratories: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 10.6 Clinics & Physician's Offices
- 10.6.1 Overview
- 10.6.2 Clinics & Physician's Offices: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 10.7 Others
- 10.7.1 Overview
- 10.7.2 Others: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
11. South & Central America Sharps Containers Market - Revenue and Forecast to 2030 - by Container Size
- 11.1 Overview
- 11.2 South & Central America Sharps Containers Market Revenue Share, by Container Size 2022 & 2030 (%)
- 11.3 1-3 Gallons
- 11.3.1 Overview
- 11.3.2 1-3 Gallons: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 11.4 4-6 Gallons
- 11.4.1 Overview
- 11.4.2 4-6 Gallons: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 11.5 7-8 Gallons
- 11.5.1 Overview
- 11.5.2 7-8 Gallons: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 11.6 Others
- 11.6.1 Overview
- 11.6.2 Others: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
12. South & Central America Sharps Containers Market - Revenue and Forecast to 2030 - by Distribution Channel
- 12.1 Overview
- 12.2 South & Central America Sharps Containers Market Revenue Share, by Waste Type 2022 & 2030 (%)
- 12.3 Medical Supply Companies
- 12.3.1 Overview
- 12.3.2 Medical Supply Companies: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 12.4 Pharmacies
- 12.4.1 Overview
- 12.4.2 Pharmacies: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 12.5 Online Sales
- 12.5.1 Overview
- 12.5.2 Online Sales: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
- 12.6 Others
- 12.6.1 Overview
- 12.6.2 Others: South & Central America Sharps Containers Market - Revenue and Forecast to 2030 (US$ Million)
13. South & Central America Sharps Containers Market - Country Analysis
- 13.1 Overview
- 13.1.1.1 South & Central America Sharps Containers Market by Country
- 13.1.1.2 Brazil
- 13.1.1.2.1 Overview
- 13.1.1.2.2 Brazil: South & Central America Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
- 13.1.1.2.3 Brazil: South & Central America Sharps Containers Market, by Product
- 13.1.1.2.4 Brazil: South & Central America Sharps Containers Market, by Usage
- 13.1.1.2.5 Brazil: South & Central America Sharps Containers Market, by Waste Type
- 13.1.1.2.6 Brazil: South & Central America Sharps Containers Market, by Waste Generators
- 13.1.1.2.7 Brazil: South & Central America Sharps Containers Market, by Container Size
- 13.1.1.2.8 Brazil: South & Central America Sharps Containers Market, by Distribution Channel
- 13.1.1.3 Argentina
- 13.1.1.3.1 Overview
- 13.1.1.3.2 Argentina: South & Central America Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
- 13.1.1.3.3 Argentina: South & Central America Sharps Containers Market, by Product
- 13.1.1.3.4 Argentina: South & Central America Sharps Containers Market, by Usage
- 13.1.1.3.5 Argentina: South & Central America Sharps Containers Market, by Waste Type
- 13.1.1.3.6 Argentina: South & Central America Sharps Containers Market, by Waste Generators
- 13.1.1.3.7 Argentina: South & Central America Sharps Containers Market, by Container Size
- 13.1.1.3.8 Argentina: South & Central America Sharps Containers Market, by Distribution Channel
- 13.1.1.4 Rest of South & Central America
- 13.1.1.4.1 Overview
- 13.1.1.4.2 Rest of South & Central America: South & Central America Sharps Containers Market Revenue and Forecast to 2030 (US$ Million)
- 13.1.1.4.3 Rest of South & Central America: South & Central America Sharps Containers Market, by Product
- 13.1.1.4.4 Rest of South & Central America: South & Central America Sharps Containers Market, by Usage
- 13.1.1.4.5 Rest of South & Central America: South & Central America Sharps Containers Market, by Waste Type
- 13.1.1.4.6 Rest of South & Central America: South & Central America Sharps Containers Market, by Waste Generators
- 13.1.1.4.7 Rest of South & Central America: South & Central America Sharps Containers Market, by Container Size
- 13.1.1.4.8 Rest of South & Central America: South & Central America Sharps Containers Market, by Distribution Channel
14. South & Central America Sharps Containers Market, Key Company Profiles
- 14.1 Mauser Group NV
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
- 14.2 Stericycle Inc
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
- 14.3 GPC Medical Ltd
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
- 14.4 Becton Dickinson and Co
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
15. Appendix
- 15.1 About Us
- 15.2 Glossary of Terms