As per this study the Global Medical Waste Management Market was valued at USD 22.8 BN (by revenue) in 2021 and is anticipated to reach USD 38.82 BN by 2028 with a CAGR of 7.9%.
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.
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.
Global Medical Waste Management Market Share by Region (Representative Graph)
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.
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Frequently Asked Questions (FAQs) about this Report
b. The global medical waste management market size is expected to be valued USD 22.8 BN in 2021.
b. The worldwide medical waste management market growth is estimated to grow by around 7.9% from 2023 to 2028.
b. North America occupies the highest market share in the global medical waste management market.
b. The global medical waste management market is segmented by Type (Nonhazardous Waste, Hazardous Waste, Infectious and Pathological Waste, Pharmaceutical Waste And Other), by Treatment Analysis (Incineration, Autoclaving, Chemical Treatment And Other).
b. The leading players in the global medical waste management market are Remondis Medison GmbH, Republic Services Inc., Sharp Compliance Inc., Stericycle Inc., Suez Environment S.A, Veolia Environment S.A., and Waste Management Inc.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . MEDICAL WASTE MANAGEMENT – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Treatment
3.7.3 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL MEDICAL WASTE MANAGEMENT MARKET ANALYSIS BY TYPE
6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 Nonhazardous Waste Historic and Forecast Sales by Regions
6.5 Hazardous Waste Historic and Forecast Sales by Regions
6.6 Infectious And Pathological Waste Historic and Forecast Sales by Regions
6.7 Pharmaceutical Waste Historic and Forecast Sales by Regions
6.8 Other Medical Waste Historic and Forecast Sales by Regions
7 . GLOBAL MEDICAL WASTE MANAGEMENT MARKET ANALYSIS BY TREATMENT
7.1 Overview by Treatment
7.2 Historical and Forecast Data
7.3 Analysis by Treatment
7.4 Incineration Historic and Forecast Sales by Regions
7.5 Autoclaving Historic and Forecast Sales by Regions
7.6 Chemical treatment Historic and Forecast Sales by Regions
7.7 Others Historic and Forecast Sales by Regions
8 . GLOBAL MEDICAL WASTE MANAGEMENT MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America Sales Analysis
8.3.1. Overview, Historic and Forecast Sales Analysis
8.3.2. North America By Segment Sales Analysis
8.3.3. North America By Country Sales Analysis
8.3.4. United State Sales Analysis
8.3.5. Canada Sales Analysis
8.3.6. Mexico Sales Analysis
8.4. Europe Sales Analysis
8.4.1. Overview, Historic and Forecast Sales Analysis
8.4.2. Europe by Segment Sales Analysis
8.4.3. Europe by Country Sales Analysis
8.4.4. United Kingdom Sales Analysis
8.4.5. France Sales Analysis
8.4.6. Germany Sales Analysis
8.4.7. Italy Sales Analysis
8.4.8. Russia Sales Analysis
8.4.9. Rest Of Europe Sales Analysis
8.5. Asia Pacific Sales Analysis
8.5.1. Overview, Historic and Forecast Sales Analysis
8.5.2. Asia Pacific by Segment Sales Analysis
8.5.3. Asia Pacific by Country Sales Analysis
8.5.4. China Sales Analysis
8.5.5. India Sales Analysis
8.5.6. Japan Sales Analysis
8.5.7. South Korea Sales Analysis
8.5.8. Australia Sales Analysis
8.5.9. Rest Of Asia Pacific Sales Analysis
8.6. Latin America Sales Analysis
8.6.1. Overview, Historic and Forecast Sales Analysis
8.6.2. Latin America by Segment Sales Analysis
8.6.3. Latin America by Country Sales Analysis
8.6.4. Brazil Sales Analysis
8.6.5. Argentina Sales Analysis
8.6.6. Peru Sales Analysis
8.6.7. Chile Sales Analysis
8.6.8. Rest of Latin America Sales Analysis
8.7. Middle East & Africa Sales Analysis
8.7.1. Overview, Historic and Forecast Sales Analysis
8.7.2. Middle East & Africa by Segment Sales Analysis
8.7.3. Middle East & Africa by Country Sales Analysis
8.7.4. Saudi Arabia Sales Analysis
8.7.5. UAE Sales Analysis
8.7.6. Israel Sales Analysis
8.7.7. South Africa Sales Analysis
8.7.8. Rest Of Middle East And Africa Sales Analysis
9 . COMPETITIVE LANDSCAPE OF THE MEDICAL WASTE MANAGEMENT COMPANIES
9.1. Medical Waste Management Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF MEDICAL WASTE MANAGEMENT INDUSTRY
10.1. Top 10 Company Share Analysis
10.2. Market Concentration Rate
10.3. Remondis Medison GmbH
10.3.1. Company Overview
10.3.2. Company Revenue
10.3.3. Products
10.3.4. Recent Developments
10.4. Republic Services Inc.
10.4.1. Company Overview
10.4.2. Company Revenue
10.4.3. Products
10.4.4. Recent Developments
10.5. Sharp Compliance Inc.
10.5.1. Company Overview
10.5.2. Company Revenue
10.5.3. Products
10.5.4. Recent Developments
10.6. Stericycle Inc.
10.6.1. Company Overview
10.6.2. Company Revenue
10.6.3. Products
10.6.4. Recent Developments
10.7. Suez Environment S.A
10.7.1. Company Overview
10.7.2. Company Revenue
10.7.3. Products
10.7.4. Recent Developments
10.8. Veolia Environment S.A.
10.8.1. Company Overview
10.8.2. Company Revenue
10.8.3. Products
10.8.4. Recent Developments
10.9. Waste Management Inc.
10.9.1. Company Overview
10.9.2. Company Revenue
10.9.3. Products
10.9.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Type (USD MN)
- Nonhazardous Waste Market Sales by Geography (USD MN)
- Hazardous Waste Market Sales by Geography (USD MN)
- Infectious And Pathological Waste Market Sales by Geography (USD MN)
- Pharmaceutical Waste Market Sales by Geography (USD MN)
- Other Medical Waste Market Sales by Geography (USD MN)
- Analysis Market by Treatment (USD MN)
- Incineration Market Sales by Geography (USD MN)
- Autoclaving Market Sales by Geography (USD MN)
- Chemical treatment Market Sales by Geography (USD MN)
- Others Market Sales by Geography (USD MN)
- Global Medical Waste Management Market Sales by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Medical Waste Management Report
- Market Research Process
- Market Research Methodology
- Global Medical Waste Management Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Treatment
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Type (USD MN)
- Nonhazardous Waste Market Sales by Geography (USD MN)
- Hazardous Waste Market Sales by Geography (USD MN)
- Infectious And Pathological Waste Market Sales by Geography (USD MN)
- Pharmaceutical Waste Market Sales by Geography (USD MN)
- Other Medical Waste Market Sales by Geography (USD MN)
- Global Market Analysis by Treatment (USD MN)
- Incineration Market Sales by Geography (USD MN)
- Autoclaving Market Sales by Geography (USD MN)
- Chemical treatment Market Sales by Geography (USD MN)
- Others Market Sales by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Top 10 Company Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.