Market Overview:
The global medical waste incinerators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for incinerators from hospitals, clinics, pharmacies, laboratories, blood banks and veterinarians across the globe. Additionally, factors such as stringent government regulations and growing awareness about environmental protection are also contributing to the growth of this market. Based on type, small medical waste incinerators accounted for the majority share of the global medical waste incinerators market in 2017. However, mid-size and large medical waste incinerators are expected to witness higher growth rates during the forecast period owing to their ability to handle larger quantities of wastes.
Product Definition:
Medical waste incinerators are devices that are used to burn medical waste. The importance of medical waste incinerators is that they help to prevent the spread of disease by destroying any infectious material that may be present in the medical waste.
Small:
Small is a waste management system that includes compact size incinerators, which are used for medical waste. These incinerators are mainly used in hospitals and clinics to dispose of infectious and hazardous wastes. Small systems include small combustion units with a capacity from 1 to 10 tons; they can be installed in rooms or closets without occupying much space.
Mid-size:
The global mid-size and it's usage in medical waste incinerators market size was valued at USD 4.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for energy from the end-use segment, such as hospitals, clinics, diagnostic centers among others is anticipated to drive industry growth over the coming years.
Application Insights:
The others application segment includes dental, veterinary and animal hospitals, and medical laboratories. incinerators for these applications are large in size as they require large volumes of waste. Large volume generators (LVG) include hospitals, clinics, pharmacies and other medical facilities that produce a high amount of waste. The largest application of incinerators is by the veterinarians to whom small units are not sufficient to handle their wastes since they have huge requirements on a daily basis which can be satisfied only with larger units.
Based on applications the global market has been segmented into hospitals & clinics, pharmaceuticals/biotechs companies etc., blood banks& tissue culture centers etc., biologics manufacturers etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing cases of chronic diseases, rising healthcare expenditure, and growing awareness about infectious disease transmission. In addition, stringent government regulations regarding medical waste management are also expected to drive the demand for incinerators in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and growing patient pool requiring proper disposal of infectious waste generated from hospitals & clinics. In addition, economic development coupled with a large population base generates a high volume of general waste that needs proper disposal methods other than dumping at landfills which leads to environmental pollution and health hazards’ thereby driving demand for incinerators in this region.
Growth Factors:
- Increasing demand for medical waste incinerators from hospitals and clinics owing to the growing awareness about the benefits of using these incinerators over traditional methods of waste disposal.
- Stringent government regulations on medical waste disposal are driving the demand for medical waste incinerators as they help in complying with these regulations easily and effectively.
- The increasing number of outbreaks caused by improperly disposed medical wastes is prompting healthcare facilities to install high-quality medical waste incinerators in order to prevent such outbreaks from happening.
- Growing investments in research and development activities for developing innovative and more efficient medical waste incinerators is propelling the growth of this market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Waste Incinerators Market Research Report
By Type
Small, Mid-size, Large
By Application
Hospitals, Clinics, Pharmacies, Laboratories, Blood Banks, Veterinarians, Others
By Companies
Elastec, Strebl Energy Pte Ltd, Dan Daniel, TTM, KRICO Co,. Ltd., Interelated Instruments & Services Pte Ltd.
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
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Medical Waste Incinerators Market Report Segments:
The global Medical Waste Incinerators market is segmented on the basis of:
Types
Small, Mid-size, Large
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, Clinics, Pharmacies, Laboratories, Blood Banks, Veterinarians, 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:
- Elastec
- Strebl Energy Pte Ltd
- Dan Daniel
- TTM
- KRICO Co,. Ltd.
- Interelated Instruments & Services Pte Ltd.
Highlights of The Medical Waste Incinerators 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
- Mid-size
- Large
- By Application:
- Hospitals
- Clinics
- Pharmacies
- Laboratories
- Blood Banks
- Veterinarians
- 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 Waste Incinerators 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?
Medical waste incinerators are machines that use heat and flames to destroy medical waste. This type of machine is used to reduce the amount of medical waste that needs to be handled by people.
Some of the key players operating in the medical waste incinerators market are Elastec, Strebl Energy Pte Ltd, Dan Daniel, TTM, KRICO Co,. Ltd., Interelated Instruments & Services Pte Ltd..
The medical waste incinerators market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Waste Incinerators 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 Incinerators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Waste Incinerators 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 Incinerators 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 Incinerators Market Size & Forecast, 2018-2028
4.5.1 Medical Waste Incinerators Market Size and Y-o-Y Growth
4.5.2 Medical Waste Incinerators Market Absolute $ Opportunity
Chapter 5 Global Medical Waste Incinerators 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 Incinerators Market Size Forecast by Type
5.2.1 Small
5.2.2 Mid-size
5.2.3 Large
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Waste Incinerators 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 Incinerators Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Pharmacies
6.2.4 Laboratories
6.2.5 Blood Banks
6.2.6 Veterinarians
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Waste Incinerators 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 Incinerators 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 Incinerators Analysis and Forecast
9.1 Introduction
9.2 North America Medical Waste Incinerators 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 Incinerators Market Size Forecast by Type
9.6.1 Small
9.6.2 Mid-size
9.6.3 Large
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 Incinerators Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Pharmacies
9.10.4 Laboratories
9.10.5 Blood Banks
9.10.6 Veterinarians
9.10.7 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 Waste Incinerators Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Waste Incinerators 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 Incinerators Market Size Forecast by Type
10.6.1 Small
10.6.2 Mid-size
10.6.3 Large
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 Incinerators Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Pharmacies
10.10.4 Laboratories
10.10.5 Blood Banks
10.10.6 Veterinarians
10.10.7 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 Waste Incinerators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Waste Incinerators 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 Incinerators Market Size Forecast by Type
11.6.1 Small
11.6.2 Mid-size
11.6.3 Large
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 Incinerators Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Pharmacies
11.10.4 Laboratories
11.10.5 Blood Banks
11.10.6 Veterinarians
11.10.7 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 Waste Incinerators Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Waste Incinerators 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 Incinerators Market Size Forecast by Type
12.6.1 Small
12.6.2 Mid-size
12.6.3 Large
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 Incinerators Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Pharmacies
12.10.4 Laboratories
12.10.5 Blood Banks
12.10.6 Veterinarians
12.10.7 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 Waste Incinerators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Waste Incinerators 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 Incinerators Market Size Forecast by Type
13.6.1 Small
13.6.2 Mid-size
13.6.3 Large
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 Incinerators Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Pharmacies
13.10.4 Laboratories
13.10.5 Blood Banks
13.10.6 Veterinarians
13.10.7 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 Waste Incinerators Market: Competitive Dashboard
14.2 Global Medical Waste Incinerators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Elastec
14.3.2 Strebl Energy Pte Ltd
14.3.3 Dan Daniel
14.3.4 TTM
14.3.5 KRICO Co,. Ltd.
14.3.6 Interelated Instruments & Services Pte Ltd.
