Market Overview:
The global medical garbage disposal market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for medical waste disposal services from hospitals, clinics, and other healthcare institutions. In addition, the growing awareness about environmental protection has led to an increase in the number of regulations related to medical waste management. This is expected to drive the demand for medical garbage disposal systems and services over the forecast period. The global medical garbage disposal market can be segmented on the basis of type, application, and region. On the basis of type, it can be classified into refuse transportation, garbage shredding, waste incineration,, and other segments.
Product Definition:
A medical garbage disposal is a device used to safely dispose of medical waste. This type of disposal is important because it helps to protect both healthcare workers and patients from the potential dangers posed by improperly handled medical waste.
Garbage Classification:
The global garbage classification, its usage and growth factor in the medical Garbage Disposal market is a new emerging trend. The medical industry has been witnessing rapid changes over the past few years due to technological advancements. With increasing demand for better healthcare services and facilities, there is an increase in waste generated by hospitals as they are always at work.
Refuse Transportation:
Refuse transportation is the process of moving medical garbage from a healthcare facility to an offsite location for final disposal. It is done by using specialized vehicles or containers that are known as garbage trucks. The main purpose of this system is to reduce the number of people coming in contact with medical waste and also avoid its spread around the hospital premises. This helps in avoiding any type of legal action against hospitals, which can be levied due to improper handling and storage of infectious materials (NIH).
Application Insights:
The market is segmented on the basis of application into hospital, clinic, health center and other. The hospital segment dominated the global medical garbage disposal market in 2017 owing to a high volume of healthcare services coupled with a growing population. Furthermore, an increase in government funding for improving sanitation facilities at hospitals across developing countries such as India and China is expected to drive growth over the forecast period.
The Clinic/health center segment held around 15% share of the overall revenue in 2017 due to factors such as increasing disposable income along with rising awareness about personal hygiene among consumers are expected to drive demand for these facilities over next few years. In addition, an increase in spending capacity among consumers will further boost industry growth during this period.
Medical clinics & health centers play an important role in providing primary healthcare services by diagnosing and treating diseases along with offering preventive care activities which includes immunization against common illnesses like chickenpox or measles etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding medical waste disposal, rising investments by private and public organizations for improving healthcare infrastructure, and growing number of hospitals & clinics in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as developing healthcare infrastructure due to increased government spending on health sector, increase in patient population due to aging demographics coupled with rise in prevalence of chronic diseases (epidemiological transition), and rapid urbanization & industrialization leading towards improvement of municipal services including solid waste management. These aforementioned factors are expected favorably impact the demand for garbage disposal services over a span of eight years from 2018 through 2030 ending with universal health coverage (UHC).
Growth Factors:
- Increasing demand for medical waste disposal services from hospitals and clinics
- Rising awareness about the importance of safe and hygienic medical waste disposal among healthcare professionals and patients
- Growing number of surgical procedures requiring proper medical waste disposal
- Proliferation of private clinics and hospitals, which is expected to drive the demand for medical garbage disposal services
- Stringent government regulations pertaining to safe handling and treatment of medical wastes
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Garbage Disposal Market Research Report
By Type
Garbage Classification, Refuse Transportation, Garbage Shredding, Waste Incineration, Other
By Application
Hospital, Clinic, Health Center, Other
By Companies
Stericycle, Medassure Services, INCINER8, BioMedical Waste Solutions, LLC, Waste Management, Medical Waste Services, GRP & Associates, BWS Inc., Sharps Compliance, Converge Medical Solutions, Clean Harbors
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Medical Garbage Disposal Market Report Segments:
The global Medical Garbage Disposal market is segmented on the basis of:
Types
Garbage Classification, Refuse Transportation, Garbage Shredding, Waste Incineration, Other
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
Hospital, Clinic, Health Center, Other
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
- Medassure Services
- INCINER8
- BioMedical Waste Solutions, LLC
- Waste Management
- Medical Waste Services
- GRP & Associates
- BWS Inc.
- Sharps Compliance
- Converge Medical Solutions
- Clean Harbors
Highlights of The Medical Garbage Disposal 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:
- Garbage Classification
- Refuse Transportation
- Garbage Shredding
- Waste Incineration
- Other
- By Application:
- Hospital
- Clinic
- Health Center
- Other
- 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 Medical Garbage Disposal 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.
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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?
A medical garbage disposal is a device that helps to remove waste from the human body. It is typically used in hospitals and other health-care facilities, where it can help to reduce the risk of infection.
Some of the key players operating in the medical garbage disposal market are Stericycle, Medassure Services, INCINER8, BioMedical Waste Solutions, LLC, Waste Management, Medical Waste Services, GRP & Associates, BWS Inc., Sharps Compliance, Converge Medical Solutions, Clean Harbors.
The medical garbage disposal market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Garbage Disposal 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 Medical Garbage Disposal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Garbage Disposal 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 Medical Garbage Disposal 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 Medical Garbage Disposal Market Size & Forecast, 2018-2028
4.5.1 Medical Garbage Disposal Market Size and Y-o-Y Growth
4.5.2 Medical Garbage Disposal Market Absolute $ Opportunity
Chapter 5 Global Medical Garbage Disposal 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 Medical Garbage Disposal Market Size Forecast by Type
5.2.1 Garbage Classification
5.2.2 Refuse Transportation
5.2.3 Garbage Shredding
5.2.4 Waste Incineration
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Garbage Disposal 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 Medical Garbage Disposal Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Health Center
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Garbage Disposal 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 Medical Garbage Disposal 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 Medical Garbage Disposal Analysis and Forecast
9.1 Introduction
9.2 North America Medical Garbage Disposal 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 Medical Garbage Disposal Market Size Forecast by Type
9.6.1 Garbage Classification
9.6.2 Refuse Transportation
9.6.3 Garbage Shredding
9.6.4 Waste Incineration
9.6.5 Other
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 Medical Garbage Disposal Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Health Center
9.10.4 Other
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 Medical Garbage Disposal Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Garbage Disposal 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 Medical Garbage Disposal Market Size Forecast by Type
10.6.1 Garbage Classification
10.6.2 Refuse Transportation
10.6.3 Garbage Shredding
10.6.4 Waste Incineration
10.6.5 Other
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 Medical Garbage Disposal Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Health Center
10.10.4 Other
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 Medical Garbage Disposal Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Garbage Disposal 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 Medical Garbage Disposal Market Size Forecast by Type
11.6.1 Garbage Classification
11.6.2 Refuse Transportation
11.6.3 Garbage Shredding
11.6.4 Waste Incineration
11.6.5 Other
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 Medical Garbage Disposal Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Health Center
11.10.4 Other
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 Medical Garbage Disposal Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Garbage Disposal 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 Medical Garbage Disposal Market Size Forecast by Type
12.6.1 Garbage Classification
12.6.2 Refuse Transportation
12.6.3 Garbage Shredding
12.6.4 Waste Incineration
12.6.5 Other
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 Medical Garbage Disposal Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Health Center
12.10.4 Other
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) Medical Garbage Disposal Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Garbage Disposal 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) Medical Garbage Disposal Market Size Forecast by Type
13.6.1 Garbage Classification
13.6.2 Refuse Transportation
13.6.3 Garbage Shredding
13.6.4 Waste Incineration
13.6.5 Other
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) Medical Garbage Disposal Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Health Center
13.10.4 Other
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 Medical Garbage Disposal Market: Competitive Dashboard
14.2 Global Medical Garbage Disposal Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stericycle
14.3.2 Medassure Services
14.3.3 INCINER8
14.3.4 BioMedical Waste Solutions, LLC
14.3.5 Waste Management
14.3.6 Medical Waste Services
14.3.7 GRP & Associates
14.3.8 BWS Inc.
14.3.9 Sharps Compliance
14.3.10 Converge Medical Solutions
14.3.11 Clean Harbors
