Market Overview:
The global medical waste disposal market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing awareness about safe medical waste disposal and the stringent regulations by governments across the globe. The market is segmented on the basis of type, application, and region. On the basis of type, incineration dominates the market with a share of more than 50%. This can be attributed to its ability to destroy all types of medical waste in a single step.
Product Definition:
Medical waste disposal is the process of getting rid of medical waste in a safe and effective manner. This includes things like needles, bandages, and other items that could pose a danger to people or the environment if not disposed of properly. It is important to dispose of medical waste properly because it can contain harmful bacteria, viruses, and other toxins that can be dangerous to people and the environment.
Incineration:
Incineration is a waste management process where the organic and non-hazardous waste are treated by heat to temperatures greater than 300o C. The purpose of incineration is to reduce the volume of waste and secure its quality for safe disposal. Incinerators are used in both public & private sectors including hospitals, nursing homes, residential complexes, hotels & restaurants among others.
Autoclaves:
An autoclave is a device used to sterilize medical waste. It consists of a container, which is usually made of stainless steel and glass or plastic. The waste is placed in the container and then heated to a temperature, which can kill all types of microorganisms. These containers are also known as steam autoclaves because they use steam instead of hot water as a medium for sterilization; however, most modern day devices use both hot water and steam for effective results.
Application Insights:
The general medical waste disposal market is categorized on the basis of application into infectious waste, hazardous waste, radioactive waste and other wastes. The other wastes segment includes surgical gloves, hypodermic syringes and catheters, pharmaceutical packaging materials that are either bio- or non-biohazardous in nature. General medical wastes are further divided into surgical swabs/dressing changes & patient transfers (in case of hospitals), normal hygiene procedures (such as shaving) performed during the course of daily hospital life and pharmaceuticals/biologicals that are no longer required at the time of treatment or diagnosis.
The infectious diseases segment dominated this industry with a share estimated at 33.1% in 2017 owing to an increase in healthcare facilities across developing countries such as China India Indonesia Malaysia Philippines Singapore Thailand Vietnam Africa Brazil etc., coupled with a rise in prevalence levels for various types of infections such as HIV AIDS 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 proper medical waste management, rising investments for improving healthcare infrastructure, and stringent government regulations regarding disposal of medical waste.
Asia Pacific is anticipated to witness a lucrative growth rate over the forecast period owing to factors such as developing healthcare infrastructure and growing patient population in countries such as India, China, Japan & Australia coupled with increasing number of surgeries per year. In addition, economic development in this region will boost demand for medical services which will further drive growth during the forecast period from 2018 to 2030 (estimated).
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
- Stringent government regulations on medical waste management
- Growing number of private players in the medical waste disposal market
- Technological advancements in medical waste disposal equipment and processes
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Waste Disposal 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, Republic Services, Waste Management, Medical Waste Management, Excel Medical Waste, Cyntox, Triumvirate, 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Medical Waste Disposal Market Report Segments:
The global Medical Waste Disposal 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
- Republic Services
- Waste Management
- Medical Waste Management
- Excel Medical Waste
- Cyntox
- Triumvirate
- BioMedical Waste Solutions
- UMI
Highlights of The Medical Waste 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:
- 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 Medical Waste 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.
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?
Medical waste disposal is the process of removing and disposing of medical waste. This includes any materials that are generated as a result of healthcare, including blood, tissue, organs and other body parts. Medical waste can be dangerous to humans if not disposed of properly, so it is important to have a professional handle this process.
Some of the key players operating in the medical waste disposal market are Stericycle, Sharps Compliance, Veolia Environnement, Daniels Sharpsmart, Clean Harbors, MedWaste Management, ATI, Republic Services, Waste Management, Medical Waste Management, Excel Medical Waste, Cyntox, Triumvirate, BioMedical Waste Solutions, UMI.
The medical waste disposal 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 Medical Waste 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 Waste Disposal Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Waste 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 Waste 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 Waste Disposal Market Size & Forecast, 2018-2028
4.5.1 Medical Waste Disposal Market Size and Y-o-Y Growth
4.5.2 Medical Waste Disposal Market Absolute $ Opportunity
Chapter 5 Global Medical Waste 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 Waste Disposal 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 Medical Waste 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 Waste Disposal 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 Medical Waste 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 Waste 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 Waste Disposal Analysis and Forecast
9.1 Introduction
9.2 North America Medical Waste 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 Waste Disposal 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 Medical Waste Disposal 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 Medical Waste Disposal Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Waste 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 Waste Disposal 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 Medical Waste Disposal 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 Medical Waste Disposal Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Waste 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 Waste Disposal 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 Medical Waste Disposal 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 Medical Waste Disposal Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Waste 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 Waste Disposal 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 Medical Waste Disposal 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) Medical Waste Disposal Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Waste 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 Waste Disposal 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) Medical Waste Disposal 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 Medical Waste Disposal Market: Competitive Dashboard
14.2 Global Medical Waste Disposal 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 Republic Services
14.3.9 Waste Management
14.3.10 Medical Waste Management
14.3.11 Excel Medical Waste
14.3.12 Cyntox
14.3.13 Triumvirate
14.3.14 BioMedical Waste Solutions
14.3.15 UMI
