Market Overview:
The global health care waste treatment market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for safe and effective health care waste treatment solutions across the globe. In addition, the growing awareness about environmental protection is also propelling the growth of this market. Based on type, incineration held a major share of the global health care waste treatment market in 2017. This segment is projected to grow at a CAGR of 6.8% from 2018 to 2030 due to its ability to destroy pathogens and reduce volume of waste generated by hospitals and clinics.
Product Definition:
The definition of health care waste treatment is the process by which medical waste is disposed of in an environmentally friendly manner. This can include incineration, landfilling, or recycling. The importance of health care waste treatment is that it helps to protect the environment and prevent the spread of disease.
Incineration:
Incineration is a thermal treatment used for the disposal of human bodies and medical waste. The process involves the complete combustion of organic materials such as body tissues, clothing, furniture, etc. with the aid of intense heat and high velocity air streams in a incinerator or an incineration chamber to produce energy (electricity) or heat energy for use in various processes (heating & cooling).
Autoclaves:
An autoclave is a sterilization device used to kill or inhibit the growth of microorganisms. The most common types of autoclaves are steam autoclaves, dry heat, and ethylene oxide (EtO) gas autoclaves. Autoclaving can be done with or without liquid waste being present in the container.
Autoclavable containers are used for collecting clinical waste such as needles, surgical tools, patient fluids & tissues.
Application Insights:
Infectious waste was the largest application segment in the global health care waste treatment market, accounting for over 25% of total revenue in 2016. The growth can be attributed to factors such as increasing prevalence of infectious diseases and rising expenditure on healthcare. For instance, according to WHO, an estimated USD 870 billion is spent annually on healthcare globally and around 3/4th of this amount goes into treating infectious diseases which accounts for majority share in overall healthcare spending globally. Thus growing burden on systemically-ill patients due to increasing prevalence of infections drives demand for proper disposal methods that result in increased use of autoclaves and incinerators among others.
The general medical & surgical waste category accounted for a significant share owing to increase government funding towards initiatives related towards reduction or prevention concerning medical & surgical wastes generation (e.g., National Healthcare Safety Network (NHSN) - U.S., Canada Health Protection Agency - Canada).
Regional Analysis:
The global health care waste treatment market is dominated by developed regions, such as North America and Europe. The presence of sophisticated healthcare infrastructure, high awareness levels coupled with the implementation of advanced technologies for the treatment of infectious & hazardous waste are some factors attributing to their dominance.
However, Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to increasing government initiatives for improving healthcare facilities in developing countries such as India and China along with other South East Asian nations. In addition, rising medical tourism in these countries will also drive growth over the next eight years.
Key players operating/trading under DQS registered brand name include but not limited to: Stericycle (US), Suez Environment (France).
Growth Factors:
- Increasing demand for health care services across the globe is expected to drive the growth of health care waste treatment market over the forecast period.
- Rising awareness about safe disposal of medical wastes is anticipated to propel the growth of this market in near future.
- Stringent government regulations pertaining to safe handling and disposal of medical wastes are projected to fuel the demand for health care waste treatment solutions over the next few years.
- Growing investments by key players in research and development activities is likely to boost growth of this market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Health Care Waste Treatment Market Research Report
By Type
Incineration, Autoclaves, Others
By Application
Infectious Waste, Hazardous Waste, Radioactive Waste, General Waste
By Companies
Stericycle, Sharps Compliance, Veolia Environnement, Daniels Sharpsmart, Clean Harbors, MedWaste Management, ATI, Waste Management, Medical Waste Management, Cyntox, Triumvirate Environmental, BioMedical Waste Solutions, UMI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Health Care Waste Treatment Market Report Segments:
The global Health Care Waste Treatment market is segmented on the basis of:
Types
Incineration, Autoclaves, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Infectious Waste, Hazardous Waste, Radioactive Waste, General Waste
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stericycle
- Sharps Compliance
- Veolia Environnement
- Daniels Sharpsmart
- Clean Harbors
- MedWaste Management
- ATI
- Waste Management
- Medical Waste Management
- Cyntox
- Triumvirate Environmental
- BioMedical Waste Solutions
- UMI
Highlights of The Health Care Waste Treatment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Incineration
- Autoclaves
- Others
- By Application:
- Infectious Waste
- Hazardous Waste
- Radioactive Waste
- General Waste
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Health Care Waste Treatment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Health care waste treatment is the process of removing or reducing contaminants from medical and health-related wastes. Contaminants can include blood, body fluids, tissue, and other materials that may contain harmful bacteria or viruses. Health care waste treatment can help protect public health by preventing the spread of disease.
Some of the major companies in the health care waste treatment market are Stericycle, Sharps Compliance, Veolia Environnement, Daniels Sharpsmart, Clean Harbors, MedWaste Management, ATI, Waste Management, Medical Waste Management, Cyntox, Triumvirate Environmental, BioMedical Waste Solutions, UMI.
The health care waste treatment market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Health Care Waste Treatment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Health Care Waste Treatment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Health Care Waste Treatment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Health Care Waste Treatment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Health Care Waste Treatment Market Size & Forecast, 2018-2028
4.5.1 Health Care Waste Treatment Market Size and Y-o-Y Growth
4.5.2 Health Care Waste Treatment Market Absolute $ Opportunity
Chapter 5 Global Health Care Waste Treatment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Health Care Waste Treatment Market Size Forecast by Type
5.2.1 Incineration
5.2.2 Autoclaves
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Health Care Waste Treatment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Health Care Waste Treatment Market Size Forecast by Applications
6.2.1 Infectious Waste
6.2.2 Hazardous Waste
6.2.3 Radioactive Waste
6.2.4 General Waste
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Health Care Waste Treatment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Health Care Waste Treatment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Health Care Waste Treatment Analysis and Forecast
9.1 Introduction
9.2 North America Health Care Waste Treatment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Health Care Waste Treatment Market Size Forecast by Type
9.6.1 Incineration
9.6.2 Autoclaves
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Health Care Waste Treatment Market Size Forecast by Applications
9.10.1 Infectious Waste
9.10.2 Hazardous Waste
9.10.3 Radioactive Waste
9.10.4 General Waste
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Health Care Waste Treatment Analysis and Forecast
10.1 Introduction
10.2 Europe Health Care Waste Treatment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Health Care Waste Treatment Market Size Forecast by Type
10.6.1 Incineration
10.6.2 Autoclaves
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Health Care Waste Treatment Market Size Forecast by Applications
10.10.1 Infectious Waste
10.10.2 Hazardous Waste
10.10.3 Radioactive Waste
10.10.4 General Waste
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Health Care Waste Treatment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Health Care Waste Treatment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Health Care Waste Treatment Market Size Forecast by Type
11.6.1 Incineration
11.6.2 Autoclaves
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Health Care Waste Treatment Market Size Forecast by Applications
11.10.1 Infectious Waste
11.10.2 Hazardous Waste
11.10.3 Radioactive Waste
11.10.4 General Waste
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Health Care Waste Treatment Analysis and Forecast
12.1 Introduction
12.2 Latin America Health Care Waste Treatment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Health Care Waste Treatment Market Size Forecast by Type
12.6.1 Incineration
12.6.2 Autoclaves
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Health Care Waste Treatment Market Size Forecast by Applications
12.10.1 Infectious Waste
12.10.2 Hazardous Waste
12.10.3 Radioactive Waste
12.10.4 General Waste
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Health Care Waste Treatment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Health Care Waste Treatment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Health Care Waste Treatment Market Size Forecast by Type
13.6.1 Incineration
13.6.2 Autoclaves
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Health Care Waste Treatment Market Size Forecast by Applications
13.10.1 Infectious Waste
13.10.2 Hazardous Waste
13.10.3 Radioactive Waste
13.10.4 General Waste
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Health Care Waste Treatment Market: Competitive Dashboard
14.2 Global Health Care Waste Treatment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stericycle
14.3.2 Sharps Compliance
14.3.3 Veolia Environnement
14.3.4 Daniels Sharpsmart
14.3.5 Clean Harbors
14.3.6 MedWaste Management
14.3.7 ATI
14.3.8 Waste Management
14.3.9 Medical Waste Management
14.3.10 Cyntox
14.3.11 Triumvirate Environmental
14.3.12 BioMedical Waste Solutions
14.3.13 UMI
