Sharps Containers Market is expected to reach USD 869.4 Million by 2032 and grow at a CAGR of 4.57%.
The sharps containers market is experiencing rapid growth due to the increasing demand for safe and efficient medical waste disposal solutions. Healthcare facilities, research institutions, and pharmaceutical companies generate significant amounts of medical waste, including sharp objects like needles, syringes, and lancets. These items pose a significant risk to human health and the environment if not disposed of properly. According to the CDC, approximately 385,000 healthcare workers in the United States experience needlestick and sharps-related injuries each year.