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Insights Into The Medical Waste Management Market’s Growth Opportunities Through 2023-2032 – Includes Medical Waste Management Market Size

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The rise in the use of disposable medical products in healthcare facilities are expected to drive innovation in medical waste management manufacturing, thus driving the market during the forecast period.

 

The global medical waste management market is expected to grow from $17.03 billion in 2022 to $17.89 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The medical waste management market is expected to grow from $21.7 billion in 2027 at a CAGR of 4.9%.

 

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Global Medical Waste Management Market Segments Include:

  • By Type: Bio-Hazardous/Infectious Waste, Non-Hazardous Waste, Sharps, Pharmaceutical, Radioactive, Other Types
  • By Treatment: Incineration, Autoclaving, Chemical Treatment, Other Treatments
  • By Services: Onsite Services, Offsite Services
  • By Application: Hospitals, Clinics, Ambulatory Surgical Centres, Pharmaceutical Companies, Biotechnology Companies, Other Applications
  • 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 is the largest region in the global medical waste management market in 2021.

 

Major Market Players in the medical waste management market include Waste Management (WM), Citiwaste, Sanpro Waste, MedPro Waste Disposal, Sharps Compliance, BioServeUSA, BioMedical Waste Solutions.

 

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 recycling of medical products. Battelle Critical Care Decontamination System, which was approved in April 2020 by Food and Drugs Administration (FDA), uses hydrogen peroxide for the decontamination of N95 respirators and PPE kits.

 

The Medical Waste Management Global Market Report 2023  provides a medical waste management market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The medical waste management market forecast analyzes medical waste management market size, medical waste management market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

The medical waste management refers to services that provide collection, transportation, storage, and recycling of waste. Biomedical waste is generated during the diagnosis, treatment, and immunization of human beings or other living beings from healthcare facilities.

 

Explore Similar Reports From The Business Research Company:

Waste Management And Remediation Services Global Market Report 2023

Waste Disposable Units Global Market Report 2023

Disposable Hospital Supplies Global Market Report 2023

 

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