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Bio-medical waste is defined as waste that is generated during the diagnosis, treatment or immunization of human beings or animals; in research activities pertaining thereto; or in the production of biologicals. Bio-medical wastes pose adverse and harmful effects to the environment and human beings. Given the hazardous nature of this type of waste, a proper segregation and disposal of bio-medical wastes is increasingly becoming an issue of concern in India.

Sharp waste, which includes medical needles, IV catheters, broken glasses, etc., is required to be disposed off in a separate container/bag as per government’s rule. This rule, coupled with increasing awareness regarding hygiene and infectious diseases, has started creating demand for containers that are specifically made to dispose sharp waste.  Therefore, the future of sharp container industry looks bright in the coming years as it is expected that people will become more aware of these products. In addition, with the increase in number of hospitals, nursing homes, pathology labs, etc., it is anticipated that this market will grow at a CAGR of around 6.5% during 2013-2018.

Our report “Indian Medical Sharp Container Market Assessment and Forecast 2018” covers the current and future markets of sharp containers, their demand in application areas (hospitals and pathology labs) and related regional analysis. It has been derived post studying the healthcare infrastructure at the regional level and interviewing concerned people such as housekeeping heads, inspection controllers, labs in-charge, supervisors etc. in hospitals and labs. The report analyzes the macro and demographic indicators, industry drivers and challenges, market entry strategies and supply chain management. It also covers the tax structure and government regulation levied on sharp containers.

Furthermore, the report includes the business overview and snapshot of capacity-wise price ranges of major manufacturers of sharp containers in India. Through this extensive research work, RNCOS aims to present optimum information and a balanced research outlook on the potentials of sharp container market in India.