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    Medical Waste Management Market | Covid-19 Impact Analysis

    Medical Waste Management Market | Covid-19 Impact Analysis

    Medical Waste Management Market | Covid-19 Impact Analysis
    Report code - SRHL184 Delivery - 2 Weeks
    Medical Waste Management Market Size, Share, Trend, Forecast, & Industry Analysis &nda See more...
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    Medical Waste Management Market Insights

    Medical Waste Management market is likely to witness an impressive CAGR of 5.6% during the forecast period. The market is witnessing significant growth on account of the growing geriatric and obese population along with the increasing volume of healthcare waste.

    Medical Waste Management Market - Snapshot

    Growth

    5.6% for the next five years

    Major Service Type

    Collection, Transportation, and Storage Services

    Dominant Waste Type

    Non-Hazardous Waste

    Region with the highest demand

    North America

    Key Players

    Veolia Environnement S.A., Suez Environnement S.A.,

    Sharps Compliance, Inc., Waste Management, Inc., Ecomed Services,

    Clean Harbors, Inc., Remondis Se & Co. Kg, Republic Services, Inc.,

    Biomedical Waste Solutions, LLC , and Daniels Sharpsmart, Inc.

     

    Market Share Analysis

    Medical-Waste-Management-Market-Dominant-Segments

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    Medical Waste Management Market Share: By Service Type

    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 2019, 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.

    Medical Waste Management Market Share: By Type of Waste

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

    Medical Waste Management Market Share: By Region

    In terms of regions, North America is estimated to be the largest as well as the fastest-growing medical waste management 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.

    Medical-Waste-Management-Market-By-Region

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    Some of the major players in the medical waste management market are-

    • 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.

     

    Market Scope & Segmentation

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

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

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Medical Waste Management Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    17

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The medical waste management market is segmented into the following categories. 

    Medical Waste Management Market Size, Share, & Forecast, by Service Type:

    • Collection, Transportation, and Storage Services (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Treatment & Disposal Services
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Service Type Analysis: Incineration, Autoclaving, Chemical Treatment, and Others)
    • Recycling Services (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Medical Waste Management Market Size, Share, & Forecast, by Type of Waste:

    • Hazardous
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Type of Waste Analysis: Infectious & Pathological Waste, Sharp Waste, Pharmaceutical Waste, Others)
    • Non-hazardous (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Medical Waste Management Market Size, Share, & Forecast, by Treatment Site Type:

    • Onsite Treatment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Offsite Treatment (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Medical Waste Management Market Size, Share, & Forecast, by Waste Generator Type:

    • Hospitals & Diagnostic Laboratories (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Medical Waste Management Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the service types by treatment site type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Medical Waste Management Market in the foreseeable future?

    The medical waste management market is expected to witness an impressive growth of 5.6% CAGR in the foreseeable future.

    Who are the key players in the Medical Waste management Market?

    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., and Ecomed Services are among the key players in the medical waste management market.

    Which country/region is expected to be the largest Medical Waste Management Market?

    North America is expected to be the largest medical waste management market during the next five years.

    Which service type is expected to remain dominant in the Medical Waste Management Market?

    The collection, transportation, and storage services segment are expected to remain dominant service types in the medical waste management market in the coming years.

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