Medical Waste Management Market Revenue, Region, Country, and Segment Analysis & Sizing For 2021–203
The global medical waste management market size reached USD 9.16 Billion in 2021 and is expected to register a revenue CAGR of 5.2% during the forecast period, according to the latest analysis by Emergen Research. Increase in the volume of medical waste is driving market revenue growth. The World Health Organization (WHO) estimates that 85% of waste created in the healthcare industry is general and non-hazardous waste. The remaining 15% consists of hazardous waste, which may be infectious, radioactive, or chemically toxic to the environment. The pharmaceutical sector is rapidly developing revolutionary production procedures for pharmaceuticals and medical equipment. Furthermore, the market's expansion is mirrored in the efficient supply of stocks necessary for the day-to-day operations of hospitals, clinics, and diagnostic centers. As a result, more garbage is generated.
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Key companies operating in the Medical Waste Management market include:
Remondis Se & Co. KG, BioMedical Waste Solutions, LLC, Republic Services, Inc., Clean Harbors, Inc., Daniels Sharpsmart Inc., Stericycle, Inc., WM Intellectual Property Holdings, LLC, Suez Group, BWS Incorporated, and Gamma Waste Services
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Medical Waste Management market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Medical Waste Management Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
Comprehensive analysis of the competitive scenario and its changing dynamics
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Medical Waste Management Market Segmentation:
Type of Waste Outlook (Revenue, USD Billion; 2019-2030)
Hazardous Waste
Non-Hazardous Waste
Treatment Cycle Outlook (Revenue, USD Billion; 2019-2030)
Incineration
Autoclaving
Chemical Treatment
Others
Treatment Site Cycle Outlook (Revenue, USD Billion; 2019-2030)
On Site
Off Site
Medical Waste Management Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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