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Medical Waste Management IndustryDescription
According to Stratistics MRC, the Global Medical Waste Management Market is valued at $10.78 billion in 2015 and is expected to grow at a CAGR of 5.9% to reach $16.2 billion by 2022. Huge quantity of waste generated by healthcare is one of the key factors driving the market growth. Rapidly growing healthcare industry will provide lucrative market opportunities for the service providers in the market as there will be increasing need for medical waste management. On the other hand, huge capital costs are anticipated to hamper the market during the forecast period.
Collection segment commanded the market with the largest share in terms of revenue. However, processing segment is anticipated to grow at a highest CAGR during the forecast period. Furthermore, market is currently being fueled by growing business from small quantity generators (SQGs). North America and Europe are the major markets due to the plenty of regulations and government policies in these regions. Asia-Pacific is expected to grow at a faster pace owing to the plenty of opportunities in the countries like Japan, Australia and New Zealand.
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Some of the key players in global Medical Waste Management market are
Bertin Technologies - Laboratory Equipment, Biomedical Waste Services, Biopro LLC, Bio-safety incineration ltd, Bondtech Medical Waste Containers, Converge Medical Solutions, LLC, Dutch Medical Waste Systems B.V., Mazaya Waste Management LLC., Medasend Biomedical, Inc., Newster srl - Medical waste sterilizers, OZONATOR Industries Limited, P. Henkel GmbH, Pacific Medical Specialties, LLC, Stericycle, Inc., Trinova Medical Waste Solutions, LLC, United Medical Waste Management and Waste By Rail, Inc.
Activity Covered:
Disposal
Treatment
Recycling
Collection
Transportation
Storage
Other Activities
Type of Wastes Covered:
Sharps
Infectious Waste
Pharmaceutical Waste
Genotoxic Waste
Chemical Waste
Pathological Waste
Biomedical
Cytotoxic
Radioactive
Other Medical Waste
Treatment Technology Covered:
Autoclaving
Chemical
o Non-Chlorine Based System
o Chlorine Based System
o Others
Incineration
Non-Incineration Processes
Thermal
o Low-Heat Thermal Technologies
o Medium- and High-Heat Thermal Technologies
Irradiative
Mechanical
Biological
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Waste Generators Covered:
Small Quantity Generators
Large Quantity Generators
Treatment Site Covered:
Onsite Treatment
Offsite Treatment
Delivery Modes Covered:
Cloud based
On-premise
Web based
End Users Covered:
Pharmaceuticals
Clinical Research Organizations
Healthcare providers
Components Covered:
Software
Hardware
Services
Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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