Stratview Research has published a new report on the Medical Waste Management Market. The report on the market is segmented by Service Type (Collection, Transportation, and Storage Services; Treatment & Disposal Services; and Recycling Services), by Type of Waste (Non-Hazardous Waste, Hazardous Waste), by Treatment Site Type (Offsite Treatment, Onsite Treatment), by Waste Generator Type (Hospitals & Diagnostic Laboratories, Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Overview:

The medical waste management market was estimated at USD 9.72 billion in 2022 and is likely to grow at a CAGR of 5.63% during 2023-2028 to reach USD 13.52 billion in 2028.

What is medical waste management?

Medical waste management is the proper management and disposition of biomedical wastes to protect the environment, the general public, and workers, especially healthcare and sanitation workers who are at risk of exposure to biomedical waste as an occupational hazard.

Medical waste management of different types, such as hazardous and non-hazardous that are used for onsite and offsite treatments.

Segment Analysis

Based on the service type, the market is segmented as collection, transportation, and storage services; treatment & disposal services; and recycling services. The collection, transportation, and storage services segment held the largest share of the market in 2022 and is expected to remain dominant during the forecast period. The growth of the segment is triggered by the presence of stringent regulations for the collection, transportation, and storage of medical waste.

Based on the type of waste, the market is segmented as hazardous and non-hazardous. The non-hazardous waste dominates the market, owing to the large quantity of non-hazardous waste generated in healthcare facilities across the globe which creates a significant focus on its effective management.

In terms of regions, North America is estimated to be the largest as well as the fastest-growing market during the forecast period, with lucrative growth opportunities. The growth of the market is driven by the growing aging population and stringent regulations in this region.

What do we aim to solve with this report?

By delivering concise and pertinent industry information & outlook, we aim to assist the stakeholders in navigating through the decision-making terrain.
The report primarily aims at:
- Helping the user recognize innovative trends surrounding the Medical Waste Management Market.
- Finding out factors that assist the user in making practical business decisions.
- Highlighting the positive & negative influencers of the Medical Waste Management Market.
- Forecasting the sales, CAGR, and the dominant segments & sub-segments of the market.
- Analysing the key players/competitors in the market.

Key Players

  • Veolia Environnement S.A.
  • Suez Environnement S.A.
  • Sharps Compliance, Inc.
  • Waste Management, Inc.
  • Clean Harbors, Inc.
  • Remondis Se & Co. Kg
  • Republic Services, Inc.
  • Biomedical Waste Solutions LLC
  • Daniels Sharpsmart Inc.
  • Ecomed Services.

Critical Questions Answered in the Report

l  What are the key trends in the Medical Waste Management Market?

l  How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?

l  What is the impact of COVID-19 on the Medical Waste Management Market?

l  What are the key strategies adopted by the major vendors to lead in the global Medical Waste Management Market?

l  What is the market share of top vendors?

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+1-313-307-4176.