Learn about the global Medical Waste Management market through The Business Research Company, which provides information on medical waste management market size, medical waste management market drivers and restraints, medical waste management market players, the COVID-19 impact on the medical waste management market, and more.

The global medical waste management market size is expected to grow from $16.23 billion in 2021 to $17.03 billion in 2022 at a compound annual growth rate (CAGR) of 5.0%. The change in the medical waste management market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The medical waste management market is expected to reach $20.69 billion in 2026 at a CAGR of 5.0%.

The rise in the use of disposable medical products in healthcare facilities is expected to drive the medical waste management market.

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The medical waste management market consists of the revenue generated from establishments providing services that include collection, transportation, storage, treatment, disposal, and recycling of waste. Biomedical waste is generated during the diagnosis, treatment, and immunization of human beings or other living beings from healthcare facilities.

Global Medical Waste Management Market Segments Include:
By Type: Bio-Hazardous/Infectious Waste, Non-Hazardous Waste, Sharps, Pharmaceutical, Radioactive, Others

By Treatment: Incineration, Autoclaving, Chemical Treatment, Others

By Services: Onsite Services, Offsite Services

ByApplication: Hospitals, Clinics, Ambulatory Surgical Centres, Pharmaceutical Companies, Biotechnology Companies, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the medical waste management market in 2021.

Recycling is expected to become a key trend in medical waste management. The ongoing medical supplies shortage due to the COVID-19 pandemic has resulted in the need for more sustainable and recycling of medical products.

TBRC’s medical waste management market report covers:

Major Market Players: Waste Management (WM), Citiwaste, Sanpro Waste, MedPro Waste Disposal, Sharps Compliance, BioServeUSA, BioMedical Waste Solutions, PureWay Total Compliance, Medasend, Veolia Environnement, Clean Harbors, EnviCare and Battelle.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Medical Waste Management Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides medical waste management market overviews, analyses and forecasts market size, share, medical waste management market players, medical waste management market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s medical waste management market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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