Global Medical Waste Management Market Growth Analysis And Indications – Includes Waste Management Market Size
The Business Research Company’s report goes into great detail on the medical waste management market size and growth, medical waste management market regional analysis, medical waste management market competitive landscape, and other critical information needed to excel in the medical waste management industry.
Major players in the medical waste management market include Veolia Environment, Stericycle, Waste Management (WM), Suez Environment, Daniels Sharpsmart Inc.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The medical waste management market is expected to grow from $15.49 billion in 2020 to $19.73 billion in 2025 at a rate of 5.0%. The medical waste management market size is then expected to grow at a CAGR of 4.9% from 2025 and reach $25.05 billion in 2030.
North America was the largest region in the global medical waste management market, accounting for 33.2% of the global market in 2021.
The medical waste management market consists of the revenue generated from establishments providing services that include collection, transportation, storage, treatment, disposal, and recycling of medical waste such as blood, tissues, expired medicines, old medical machines, used syringes and needles, used swabs, plasters and bandages, and others. Biomedical waste is generated during the diagnosis, treatment, and immunization of human beings or other living beings from healthcare facilities.
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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Medical waste management companies are increasingly adopting the use of microorganisms. Microorganisms that feed on waste are grown to manage levels of waste and ensure contamination remains minimal. These microorganisms break down medical waste into smaller particles before composting, the microbial community structure is crucial to help determine the compost maturity that modifies and evolves the composting process.
TBRC’s Global Medical Waste Management Market Report Is Segmented:
By Type: Non-Hazardous Waste, Bio-Hazardous/Infectious Waste
By Treatment: Incineration, Autoclaving, Chemical Treatment, Others
By Services: Onsite Services, Offsite Services
By Waste Generator: Hospitals, Clinics, Ambulatory Surgical Centers, Pharmaceutical Companies, Biotechnology Companies, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Medical Waste Management Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the medical waste management market globally and regionally, analyzes and forecasts market size, share, medical waste management market players, medical waste management market segments, leading competitor revenues, profiles and market shares.
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