As per this study the Global Medical Waste Management Market was valued at USD 13.0 BN (by revenue) in 2017 and is anticipated to reach USD 18.5 BN by 2024 with a CAGR of 5.2%.
 
Medical wastes are those wastes that are produced in all the healthcare sectors include clinics, dental practices, hospitals,  physician's offices,  blood banks, and veterinary hospitals/clinics, as well as medical research facilities and laboratories. Basically, medical waste management is the process of managing the generation, storage, treatment, and disposal of medical waste. Technically, the healthcare and pharmaceutical organizations are the major generators of medical waste. This waste needs to be properly controlled and efficiently disposed of.
 
Objectives of the Study:

• Define and measure the global medical waste management market
• Revenue forecast of the global medical waste management market and its various sub-segments with respect to main geographies
• Analyze and identify major market trends along with the factors driving or inhibiting the market growth
• Study the company profiles of the major market players with their market share
• Analyze competitive developments

 
Market Dynamics
 
Growing strict rules for emission, disposal, and recycling of hospital waste is likely to raise the demand for medical waste management. Moreover, rising technological innovations have helped in reducing and recycling of the waste to some extent. Rising awareness among people regarding disposal of medical waste, and taking care of their safety from harmful medical waste and its ill-effects are another major trend driving the market growth. High capital investment is likely to limit the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of medical waste management.
 
Market Segmentation
 
The broad medical waste management market has been sub-grouped into type and treatment. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Type

• Nonhazardous Waste
• Hazardous Waste
• Infectious and Pathological Waste
• Pharmaceutical Waste
• Other Medical Waste

 
By Treatment

• Incineration
• Autoclaving
• Chemical treatment
• Others

 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for medical waste management in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Medical Waste Management Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the medical waste management market include Remondis Medison GmbH, Republic Services, Inc., Sharp Compliance, Inc., Stericycle, Inc., Suez Environment S.A, Veolia Environment S.A., and Waste Management, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.