“With the increase in number of hospitals, nursing homes, pathology labs, etc., it is anticipated that the Sharp container market will grow at a CAGR of around 6.5% during 2013-2018”, says RNCOS.
Noida, UP -- (SBWIRE) -- 08/04/2014 -- Various healthcare institutions are using sharp containers, sizes of which vary according to the daily requirement. At present, the share of sharp containers in total bio-medical waste container market is estimated to be around 40%. During our study, we have identified that tier I cities such as Delhi, Mumbai, Chennai, etc. generate high demand of sharp containers. Due to high level of education and awareness, healthcare institutions in these cities use sharp containers which are disposable in nature for disposal of bio-medical waste, thus creating a regular demand. With the increase in number of hospitals, nursing homes, pathology labs, etc., it is anticipated that the sharp container market will grow at a CAGR of around 6.5% during 2013-2018.
Research Analysis & Highlights
The report, “Indian Medical Sharp Container Market Assessment and Forecast 2018”, covers the current and future market of sharp container, their demand in application areas (hospitals and pathology labs) and regional analysis. The report analyzes the macro and demographic indicators, industry drivers and challenges, market entry strategy and supply chain management. The report also covers the tax structure and government regulation levied on sharp containers. Besides, it includes business overview and a snapshot of capacity-wise price range of major manufacturer sharp containers in India. Overall, the report is likely to provide clients with an optimum source of knowledge and statistics related to sharp container market in India.
Some of the key findings of the report are:
- Increasing Awareness over Hazards of Bio-Medical Waste
- Government Focusing on Proper Management and Disposal of Bio-Medical Waste
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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.