Market Overview:
The Global Medical Incineration Machine 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 incineration machines from hospitals, pharmacies, medical facilities & laboratories, and others applications. Additionally, the market growth is also driven by the rising awareness about environmental protection and stringent government regulations on medical waste disposal. However, high installation and maintenance cost may restrain the market growth during the forecast period. Based on type, small-scale incinerators held a major share of the global medical incineration machine market in 2017 owing to their low installation and maintenance cost as compared to medium-size or large-size incinerators.
Product Definition:
A medical incineration machine is a device used to safely and efficiently dispose of medical waste. The importance of medical incineration machines is that they help to protect public health by destroying infectious materials and other hazardous waste.
Small-scale:
Small-scale medical incineration machine is used for the purpose of medical waste management. It is also known as a small-scale thermal death chamber or autoclave, which is an advanced form of hospital incinerator. This device uses heat and steam to reduce the volume of waste to a very fine powder, which is then swept into the air by an overhead conveyor system.
Medium-size:
The global market for medium-size is expected to grow at a CAGR of XX% during the forecast period. The growth can be attributed to factors such as growing awareness about medical waste management, increasing demand for energy efficient incinerators and rising government initiatives on recycling.
Medical waste includes human blood, tissue samples, cultures media & solutions, swabs & dressings used in clinical trials.
Application Insights:
Based on application, the global medical incineration machine market has been segmented into hospitals, pharmacies, medical facilities & laboratories and others. The hospitals segment dominated the overall market in terms of revenue in 2017. This is attributed to factors such as a high number of surgeries being performed and increasing investments by governments for the development of healthcare infrastructure across countries. Furthermore, an increase in hospital construction projects across various regions is expected to drive demand for incinerators over the forecast period.
The pharmacies segment accounted for a significant share owing to factors such as growing awareness about drug safety among consumers and increasing government regulations regarding disposal of pharmaceutical waste at safe levels through incineration processes at pharma companies or within their own plants.
Regional Analysis:
North America dominated the global market in 2017. The presence of sophisticated healthcare infrastructure, high disposable income, and favorable government policies are some of the major factors responsible for its growth. In addition, increasing demand for advanced medical treatments at lower cost is expected to drive regional demand over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to rising investments by governments in developing countries such as India and China along with other South East Asian countries. In addition, growing awareness regarding incineration machines among hospitals and pharmacies is further expected to propel regional demand during the forecast period. Increasing number of pharmaceutical companies investing in this region due to availability of skilled labor at a low cost coupled with favorable government regulations will also contribute toward industry expansion over next few years - 2030 (estimated).
Growth Factors:
- Increasing demand for medical incineration machines from hospitals and clinics owing to the growing number of patients requiring treatment.
- Rising awareness about the benefits of using medical incineration machines for safe disposal of biohazardous waste.
- Technological advancements in medical incineration machines that offer enhanced performance and safety features.
- Growing demand for eco-friendly medical incineration machines due to stringent government regulations on waste management practices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Incineration Machine Market Research Report
By Type
Small-scale, Medium-size, Large-size
By Application
Hospitals, Pharmacies, Medical Facilities & Laboratories, Others
By Companies
Addfield, Scientico, Labline Equipment, Mc Clelland Engineers, Green Incinerators, Elastec, TTM, KRICO
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Medical Incineration Machine Market Report Segments:
The global Medical Incineration Machine market is segmented on the basis of:
Types
Small-scale, Medium-size, Large-size
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
Hospitals, Pharmacies, Medical Facilities & Laboratories, Others
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:
- Addfield
- Scientico
- Labline Equipment
- Mc Clelland Engineers
- Green Incinerators
- Elastec
- TTM
- KRICO
Highlights of The Medical Incineration Machine 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:
- Small-scale
- Medium-size
- Large-size
- By Application:
- Hospitals
- Pharmacies
- Medical Facilities & Laboratories
- Others
- 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 Incineration Machine 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
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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 incinerator is a machine that burns medical waste, such as needles and other sharps. It helps to reduce the amount of hazardous material that needs to be disposed of, and it helps to protect the public from potential health risks.
Some of the key players operating in the medical incineration machine market are Addfield, Scientico, Labline Equipment, Mc Clelland Engineers, Green Incinerators, Elastec, TTM, KRICO.
The medical incineration machine 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 Incineration Machine 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 Incineration Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Incineration Machine 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 Incineration Machine 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 Incineration Machine Market Size & Forecast, 2018-2028
4.5.1 Medical Incineration Machine Market Size and Y-o-Y Growth
4.5.2 Medical Incineration Machine Market Absolute $ Opportunity
Chapter 5 Global Medical Incineration Machine 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 Incineration Machine Market Size Forecast by Type
5.2.1 Small-scale
5.2.2 Medium-size
5.2.3 Large-size
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Incineration Machine 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 Incineration Machine Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Pharmacies
6.2.3 Medical Facilities & Laboratories
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Incineration Machine 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 Incineration Machine 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 Incineration Machine Analysis and Forecast
9.1 Introduction
9.2 North America Medical Incineration Machine 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 Incineration Machine Market Size Forecast by Type
9.6.1 Small-scale
9.6.2 Medium-size
9.6.3 Large-size
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 Incineration Machine Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Pharmacies
9.10.3 Medical Facilities & Laboratories
9.10.4 Others
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 Incineration Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Incineration Machine 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 Incineration Machine Market Size Forecast by Type
10.6.1 Small-scale
10.6.2 Medium-size
10.6.3 Large-size
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 Incineration Machine Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Pharmacies
10.10.3 Medical Facilities & Laboratories
10.10.4 Others
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 Incineration Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Incineration Machine 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 Incineration Machine Market Size Forecast by Type
11.6.1 Small-scale
11.6.2 Medium-size
11.6.3 Large-size
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 Incineration Machine Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Pharmacies
11.10.3 Medical Facilities & Laboratories
11.10.4 Others
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 Incineration Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Incineration Machine 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 Incineration Machine Market Size Forecast by Type
12.6.1 Small-scale
12.6.2 Medium-size
12.6.3 Large-size
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 Incineration Machine Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Pharmacies
12.10.3 Medical Facilities & Laboratories
12.10.4 Others
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 Incineration Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Incineration Machine 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 Incineration Machine Market Size Forecast by Type
13.6.1 Small-scale
13.6.2 Medium-size
13.6.3 Large-size
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 Incineration Machine Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Pharmacies
13.10.3 Medical Facilities & Laboratories
13.10.4 Others
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 Incineration Machine Market: Competitive Dashboard
14.2 Global Medical Incineration Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Addfield
14.3.2 Scientico
14.3.3 Labline Equipment
14.3.4 Mc Clelland Engineers
14.3.5 Green Incinerators
14.3.6 Elastec
14.3.7 TTM
14.3.8 KRICO
