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Medical Waste Management Market Report


Company Analysis, History and Future Overview, Global Sales Trends by 2025


Published Date: 2020-02-10   |   Pages: Ongoing   |   Tables: Ongoing   |  Report ID: 8312 |  Industry: Miscellaneous  |   Format : pdf word ppt excel



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Disposal and management of medical waste, including used needles and syringes, medical devices, body parts, diagnostic samples, chemicals, blood, and pharmaceuticals, is becoming a key challenge for the healthcare providers. Moreover, the space for waste disposal is shrinking with the booming population, which is why Healthcare Waste Management is becoming a major concern. As per the World Health Organization, around 16 billion injections are used each year across the globe. However, not all the needles as well as syringes are discarded and managed safely. Inappropriate treatment of this waste can lead to environmental contamination and increase the risks of injury and infection. In order to prevent this, effective medical waste management techniques need to be put into operation.

Increasing Volume of Medical Waste to Upsurge the Need for Proper Management in Coming Years

The market for Medical Waste Management is estimated to gain traction due to surge in the generation of medical waste. Demand for healthcare services and facilities is on the rise among the patients, thus inducing the need for Healthcare Waste Management. Increasing government initiatives and stringent regulations on the proper treatment of medical waste are acting favorably for the overall growth of the Medical Waste Management market. Additionally, high demand for advanced disposal technologies to facilitate the management of various types of healthcare waste in an efficient way could offer a boost to the market growth.

Manufacturers to Take on Technological Advancements in Future

The report has studied the key manufacturers of Medical Waste Management including Veolia Environnement S.A. (France), Triumvirate Environmental (US), Stericycle (US), All Medical Waste Australia Pty Ltd. (Australia), Suez Environnement (France), Daniels Sharpsmart Inc. (Australia), Sharps Compliance, Inc. (US), Waste Management, Inc., (US), Republic Services, Inc. (US), REMONDIS AG & Co. KG (Germany), EcoMed Services (US), Clean Harbors (US), Casella Waste Systems, Inc. (US), GRP & Associates (US), MedPro Disposal (US), BWS Incorporated (US), GIC Medical Disposal (Canada), EPCO (Saudi Arabia), BioMedical Waste Solutions, LLC (US), and Gamma Waste Services (US).

It has been observed that vendors involved in Medical Waste Management are introducing novel technologies to treat healthcare waste and minimize the threat to the community and environment. They are also emphasizing on expanding their product and services portfolio in the waste management segment. Growth tactics like partnerships and mergers and acquisitions are also considered by the market players to reinforce their presence in the Medical Waste Management market.

Market Segmentation

By Type of Waste

 Non-hazardous Waste

 Hazardous Waste

 Infectious & Pathological Waste

 Pharmaceutical Waste

 Sharp Waste

  Other Medical Waste

By Treatment Site

 Onsite Treatment

  Offsite Treatment

By Waste Generator 

   Hospitals & Diagnostic Laboratories

  Other Waste Generators

By Service

 Collection, Transportation, & Storage Services

 Treatment & Disposal Services

 Incineration

 Autoclaving

 Chemical Treatment

 Other Treatments

 Recycling Services

Out of the total medical waste generated, the amount of non-hazardous waste is greater, which eventually calls for effective treatment. Majority of the medical waste generators are diagnostic laboratories and hospitals. Others may include nursing homes, mortuaries, blood banks, and research centers. Demand for collection, transportation, and storage services is high on the back of strict regulations on the segregation, collection, and transportation of medical waste to treatment centers. Moreover, this forms a crucial stage in the waste management of the healthcare waste.

By Region

world_regions

Well-developed healthcare sector and strict regulatory framework could act as crucial factors driving the Medical Waste Management market in North America. Strong manufacturing base is also likely to stimulate Medical Waste Management market growth in North America. The APAC region is also not falling behind on the back of increasing awareness regarding the hazards associated with improper medical waste disposal and implementation of strict regulations on proper waste treatment.

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The software industry has reinvented the future of business over the years. From providing top-notch solutions to customizing them for specific needs, the software industry offers myriad services. Shifting trends and needs of the global citizens has drastically helped the service and software industry to devise applications that were unheard of. We understand your changing needs that demand unique vision and strategy.

The research reports have been collated by an expert team of analysts who aim to be your guiding hand through the coming years. The thoughtful evaluation of the service and software industry attempts to provide a detailed picture of the changing competitive landscape. Analysts have discussed products and evaluated the way they must progress to stay ahead of the game.

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Why QYR Consulting?


We are committed to delivering the best solutions and we offer a 24*7 helpline.


We promise superior quality of authenticated data.


We offer help and advice across varying time zones.


We boast a strong team of experienced analysts.


We have an exhaustive repository of published reports.


Read More

Contact us Directly

USA
 +1 626 428 8800

India
  +91 20 67104444

Beijing
  +86 108 294 5717

For Enquiry : sales@qyrconsulting.com

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Medical Waste Management Market Report