Market Overview:
The global medical 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 medical waste treatment solutions across the globe. In addition, the growing awareness about environmental protection is also propelling the demand for medical waste treatment solutions. Based on type, incineration held a dominant share in the global medical waste treatment market in 2017. This can be attributed to its ability to effectively destroy pathogens and other hazardous materials present in medical wastes. Autoclaves are expected to be one of the fastest-growing segments during the forecast period, owing to their ability to sterilize wastes without generating any harmful emissions or residues. Based on application, infectious waste dominated the global market in 2017 and is projected grow at a CAGR of 7% from 2018to 2030 due its potential health risks if not treated properly .
Product Definition:
Medical waste treatment is the process of reducing the harmful effects of medical waste. Treatment includes incineration, autoclaving, chemical disinfection, and landfill burial. The purpose of medical waste treatment is to protect people and the environment from harmful diseases.
Incineration:
Incineration is a waste management process where the organic and non-organic waste are treated by heating it to a high temperature in an incinerator. The heat treatment helps in breaking down the wastes so that they can be recycled or disposed of easily. In this process, there is no loss of quality as well as quantity of materials remains same.
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.
Application Insights:
The general medical waste treatment segment dominated the global market in 2017. This can be attributed to increasing healthcare spending, coupled with growing awareness regarding proper disposal of medical waste. General medical wastes include used syringes and other sharp objects, bloody swabs/dressing materials, human remains (i.e., anatomical wastes), and other infectious agents that are no longer required for diagnosis or considered a threat to health & safety.
Infectious diseases pose the major share of the global market owing to their high incidence rates and prevalence in developing countries worldwide; this has resulted in an increased demand for advanced infection control procedures during healthcare processes such as surgeries & diagnostic tests conducted at hospitals & laboratories across the globe.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of developed healthcare and medical industries. The U.S. is at the forefront of this regional market due to high acceptance of advanced technologies and a large number of hospitals, clinics, & pharmacies that generate huge amounts of waste every day.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing awareness regarding proper disposal methods for medical waste along with growing patient population in developing countries such as India & China & Australia generates a large amount radio-active waste which needs proper treatment after clearance from regulatory bodies such as EPA or RCRA (U.S.).
The European region also contributed significantly towards revenue generation through its member states; Germany, France Italy, UK.
Growth Factors:
- Increasing demand for medical waste treatment services from hospitals and clinics
- Rising awareness about the need to treat medical waste properly
- Stringent government regulations on medical waste treatment
- Growing investment in research and development of new technologies for medical waste treatment
- Increasing number of mergers and acquisitions in the medical waste treatment market
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical 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, 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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Medical Waste Treatment Market Report Segments:
The global Medical 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
- Republic Services
- Waste Management
- Medical Waste Management
- Excel Medical Waste
- Cyntox
- Triumvirate
- BioMedical Waste Solutions
- UMI
Highlights of The Medical 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 Medical 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
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- 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?
Medical waste treatment is the process of rendering unusable or less harmful medical equipment and supplies. This can include incineration, burial, or safe disposal.
Some of the major companies in the medical waste treatment 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 treatment market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical 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 Medical Waste Treatment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical 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 Medical 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 Medical Waste Treatment Market Size & Forecast, 2018-2028
4.5.1 Medical Waste Treatment Market Size and Y-o-Y Growth
4.5.2 Medical Waste Treatment Market Absolute $ Opportunity
Chapter 5 Global Medical 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 Medical 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 Medical 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 Medical 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 Medical 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 Medical 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 Medical Waste Treatment Analysis and Forecast
9.1 Introduction
9.2 North America Medical 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 Medical 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 Medical 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 Medical Waste Treatment Analysis and Forecast
10.1 Introduction
10.2 Europe Medical 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 Medical 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 Medical 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 Medical Waste Treatment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical 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 Medical 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 Medical 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 Medical Waste Treatment Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical 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 Medical 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 Medical 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) Medical Waste Treatment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical 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) Medical 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) Medical 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 Medical Waste Treatment Market: Competitive Dashboard
14.2 Global Medical 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 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
