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.
The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Medical Waste Management market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Medical Waste Management market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Emergen Research has segmented the global Medical Waste Management market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
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
The various regions analyzed in the report include:
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)
Key Objectives of the Report:
Analysis and estimation of the Medical Waste Management Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Medical Waste Management Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
