Global Medical Waste Management Market Overview
Introduction:
The medical waste management market accounted for US$ 44.6 billion in 2020 and is estimated to be US$ 74.46 billion by 2030 and is anticipated to register a CAGR of 5.3%.
Biomedical waste or clinic squander is any sort of waste containing irresistible (or conceivably irresistible) materials. It may likewise incorporate waste related with the age of biomedical waste that outwardly seems, by all accounts, to be of clinical or lab beginning (for example bundling, unused wraps, implantation units and so on), too research lab squander containing biomolecules or creatures that are basically confined from ecological delivery. As nitty gritty beneath, disposed of sharps are viewed as biomedical waste if they are tainted, because of the chance of being defiled with blood and their affinity to cause injury when not appropriately contained and arranged. Biomedical waste is a sort of biowaste. Biomedical waste might be strong or fluid. Instances of irresistible waste incorporate disposed of blood, sharps, undesirable microbiological societies and stocks, recognizable body parts (counting those because of removal), other human or creature tissue, utilized wraps and dressings, disposed of gloves, other clinical supplies that might have been in touch with blood and body liquids, and research facility squander that shows the attributes depicted previously. Squander sharps incorporate possibly sullied utilized (and unused disposed of) needles, surgical tools, lancets and different gadgets equipped for entering skin.
Global Medical Waste Management Market Dynamics
Rising patient in the hospitals
The ascent in medical clinics, multispecialty facilities, and analytic focuses that require countless inventories for everyday working is likewise prompting the age of more waste. In this manner, in general development in the medical care industry combined with the rising patient populace needing to draw out clinical and careful guide is powering the market development.
The clinical waste administration includes high capital venture for overseeing dangerous results and removal of irresistible material. This removal and reusing measures are related with the arrival of dangerous gases and mixtures which might upset the environment and are probably going to influence the business development.
Global Medical Waste Management Market Segmentation
The global medical waste management market report segments the market on the basis of type, treatment, services, disposable site, and region.
On the basis of type, the global medical waste management market is divided into Hazardous and Non - Hazardous.
On the basis of the treatment, the global medical waste management market is segmented into Chemical treatment, Incineration, Autoclaving, and Others.
On the basis of services, the global medical waste management market is divided into Disposal, Recycling, Collection, Transportation and Storage, and Others.
On the basis of disposable site, the global medical waste management market is divided into Offsite and Onsite.
Regional Insights:
On the basis of region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held the largest share of the market, followed by Europe during the forecast year due to growing aging population and stringent regulations in this region are the major factors driving the growth of the medical waste management industry in North America.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
|
Market Segmentation |
By Type- Hazardous and Non - Hazardous By Treatment- Chemical treatment, Incineration, Autoclaving, and Others By Service– Disposal, Recycling, Collection, Transportation and Storage, and Others By Disposable Site– Offsite and Onsite |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global Medical Waste Management market report based on type, treatment, service, disposable site and region.
Medical Waste management Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Medical Waste Management Market Key Players
Key players in the global medical waste management market includes, Waste Management Inc., Stericycle Inc., Clean Harbors Inc., Remondis Medison GmbH, Republic Services Inc., BioMedical Waste Solutions LLC, Daniels Sharpsmart Inc., Suez Environnement S.A., Veolia Environnement S.A., and Sharps Compliance Inc.
Global Medical Waste Management Market Company Profile
- Waste Management Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Stericycle Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Clean Harbors Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Remondis Medison GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Republic Services Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BioMedical Waste Solutions LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Daniels Sharpsmart Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Suez Environnement S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Veolia Environnement S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sharps Compliance Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Medical Waste Management Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Medical Waste Management Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Treatment
- Market Snippet, By Service
- Market Snippet, By Disposable Site
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Hazardous
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Non- Hazardous
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Treatment, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Chemical treatment
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Incineration
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Autoclaving
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Service, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Disposal
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Recycling
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Collection
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Transportation and Storage
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Disposable Site, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Offsite
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Onsite
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Treatment, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Disposable Site, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Treatment, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Disposable Site, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Treatment, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Disposable Site, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Treatment, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Disposable Site, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
-
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Treatment, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Service, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Disposable Site, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Waste Management Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Stericycle Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Clean Harbors Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Remondis Medison GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Republic Services Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BioMedical Waste Solutions LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Daniels Sharpsmart Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Suez Environment S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Veolia Environment S.A.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sharps Compliance Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
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- Future Impact
- About Us
- Contact
FAQs
The medical waste management market report segments the market on the basis of type, treatment, services, disposable site, and region.
Quick development in drives by the public authority to help and raise assets for successful waste administration is expected to drive the market development. These projects are directed for making mindfulness in regards to the significance of frameworks for appropriate garbage removal.
North America held the largest share of the market, followed by Europe during the forecast year due to growing aging population and stringent regulations in this region are the major factors driving the growth of the medical waste management industry in North America.
Key players in the medical waste management market includes, Waste Management Inc., Stericycle Inc., Clean Harbors Inc., Remondis Medison GmbH, Republic Services Inc., BioMedical Waste Solutions LLC, Daniels Sharpsmart Inc., Suez Environnement S.A., Veolia Environnement S.A., and Sharps Compliance Inc.