Medical Waste Management Market by Service (Collection, Treatment, Disposal, Incineration, Recycling), Type of Waste (Non-hazardous, Infectious, Pharmaceutical), Treatment Site (Offsite, Onsite), Waste Generator (Hospital, Labs) - Global Forecast to 2027
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The global medical waste management market in terms of revenue was estimated to be worth $9.6 billion in 2022 and is poised to reach $12.6 billion by 2027, growing at a CAGR of 5.6% from 2022 to 2027. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. Market growth is driven by the rising use of reusable surgical products and increased awareness programmes for medical waste management in developed countries.
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Medical Waste Management Market Dynamics
Driver: increasing volume of healthcare waste
The market-driver for medical waste management, the healthcare sector, has experienced significant growth. Hospitals, laboratories, research facilities, morgues, autopsy facilities, blood banks, and collection activities have all grown as a result of an increase in the demand for healthcare services around the world, which has raised the issue of medical waste management.
Opportunity: increasing number of awareness programmes for medical waste management in developed countries
Initiatives like conferences and awareness campaigns to promote proper medical waste management and prevent medical waste mishandling are becoming more common in developed nations like the United States and the United Kingdom.
Restraint: High capital investment
Hospitals, healthcare facilities, and pharmaceutical firms must make a sizable capital investment in the collection and proper processing of waste in order to lessen environmental pollution. A significant investment in cutting-edge technology is needed for the disposal of both hazardous and non-hazardous medical waste.
Challenge: Lack of awareness about medical waste management in developing countries
Medical waste management requires knowledge and a significant financial investment, but in developing nations, funding is scarce and there aren't as many strict regulations on the market. The adoption of cutting-edge technology and the construction of medical waste treatment facilities are constrained in developing nations due to a lack of funding.
The collection, transportation, and storage services segment accounted for the largest share of the medical waste management market by services.
Services for collection, transportation, and storage; treatment and disposal; and recycling are the three market segments. The market's largest share was accounted for by the segment for collection, transport, and storage services.
The non-hazardous waste segment accounted for the largest share of the medical waste management market, by type of waste segment.
The market is divided into non-hazardous and hazardous waste segments based on the type of waste produced. The majority of the share was in the non-hazardous waste category. Market expansion is caused by variables like an increase in healthcare facilities and surgical procedures.
Offsite treatment accounted for the largest share in the medical waste management market by treatment site.
There are two market segments: onsite treatment and offsite treatment. The market for managing medical waste was dominated by the offsite treatment segment. The growth of this market is being driven by the rising use of cutting-edge single-use surgical products.
Hospitals, diagnostic laboratories, and other waste generators accounted for the largest share in the medical waste management market, by waste generator.
Offsite treatment and onsite treatment are the two market segments. The market for managing medical waste was dominated by the offsite treatment segment. The growth of this market is being driven by an increase in awareness campaigns for medical waste management.
North America is the largest region of the medical waste management market.
North America, Europe, Asia Pacific, Latin America, the Middle East and Africa, and these five major regions are divided into market segments. The largest market share for the management of medical waste worldwide was held by North America. The rising elderly population can be linked to the expansion of the North American market.
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The major players operating in the medical waste management market are Republic Services, Inc. (US) , Waste Management, Inc. (US) , Veolia Environnement S.A. (France) , Clean Harbors, Inc. (US) , Stericycle (US), Sharps Compliance, Inc. (US), REMONDIS SE & CO. KG. (Germany), BioMedical Waste Solutions LLC (US).
Medical Waste Management Market Report Scope
|
Report Metric |
Details |
|
Market Revenue in 2022 |
$9.6 billion |
|
Projected Revenue by 2027 |
$12.6 billion |
|
Revenue Rate |
Poised to grow at a CAGR of 5.6% |
|
Market Driver |
Increasing volume of healthcare waste |
|
Market Opportunity |
Increasing number of awareness programmes for medical waste management in developed countries |
This report categorizes the global medical waste management market to forecast revenue and analyze trends in each of the following submarkets:
By Service
- Collection, transport and storage services
- Treatment & disposal services
- Recycling services
By Type of Waste
- Non-hazardous Waste
- Hazardous Waste
By Treatment Site
- Offsite Treatment
- Onsite Treatment
By Waste Generator
- Hospital & diagnostic laboratories
- Other waste generator
By Region
-
North America
- US
- Canada
-
Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
-
Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America
- Middle East & Africa
Recent Developments
- In February 2022, Republic Services, Inc. (US) acquired US Ecology (US) to expand its footprint across the US and Canada.
- In December 2021, Veolia Environnement S.A. (France) launched the Vigie Covid-19 solution, which can track signs of the Omicron variant in wastewater, acting as an early warning system for monitoring the progression of the pandemic.
- In October 2020, Waste Management, Inc. (US) acquired Advanced Disposal (US). This acquisition expanded Waste Management’s footprint and provided access to sustainable waste management and recycling services to customers in the US.
Frequently Asked Questions (FAQ):
What is the projected market revenue value of the global medical waste management market?
The global medical waste management market boasts a total revenue value of $12.6 billion by 2027.
What is the estimated growth rate (CAGR) of the global medical waste management market?
The global medical waste management market has an estimated compound annual growth rate (CAGR) of 5.6% and a revenue size in the region of $9.6 billion in 2022.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 30)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKETS COVERED
1.3.1 MEDICAL WASTE MANAGEMENT MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 34)
2.1 RESEARCH DATA
2.2 RESEARCH APPROACH
FIGURE 1 MEDICAL WASTE MANAGEMENT MARKET: RESEARCH DESIGN
2.2.1 SECONDARY DATA
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
2.2.2.1 Primary sources
2.2.2.2 Key data from primary sources
2.2.2.3 Key industry insights
2.2.2.4 Breakdown of primary interviews
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Approach 1: Company revenue estimation approach
FIGURE 4 BOTTOM-UP APPROACH: COMPANY REVENUE ESTIMATION APPROACH
2.3.1.2 Approach 2: Company presentations and primary interviews
2.3.1.3 Growth forecast
2.3.1.4 CAGR projections
FIGURE 5 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS
2.3.2 TOP-DOWN APPROACH
FIGURE 6 MARKET: TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION METHODOLOGY
2.5 MARKET SHARE
2.6 STUDY ASSUMPTIONS
2.7 LIMITATIONS
2.8 GROWTH RATE ASSUMPTIONS
2.9 RISK ASSESSMENT
TABLE 1 RISK ASSESSMENT: MARKET
3 EXECUTIVE SUMMARY (Page No. - 46)
FIGURE 8 MEDICAL WASTE MANAGEMENT MARKET, BY SERVICE, 2022 VS. 2027
FIGURE 9 MARKET, BY TYPE OF WASTE, 2022 VS. 2027
FIGURE 10 MARKET, BY TREATMENT SITE, 2022 VS. 2027
FIGURE 11 MARKET, BY WASTE GENERATOR, 2022 VS. 2027
FIGURE 12 MARKET, BY REGION, 2022 VS. 2027
4 PREMIUM INSIGHTS (Page No. - 50)
4.1 MEDICAL WASTE MANAGEMENT MARKET OVERVIEW
FIGURE 13 INCREASING VOLUME OF HEALTHCARE WASTE TO DRIVE MARKET
4.2 MARKET SHARE, BY SERVICE, 2022 VS. 2027
FIGURE 14 COLLECTION, TRANSPORTATION, AND STORAGE SERVICES SEGMENT TO DOMINATE MARKET BY 2027
4.3 MARKET SHARE, BY TYPE OF WASTE, 2022 VS. 2027
FIGURE 15 NON-HAZARDOUS WASTE SEGMENT WILL CONTINUE TO DOMINATE MARKET DURING FORECAST PERIOD
4.4 MARKET SHARE, BY TREATMENT SITE, 2022 VS. 2027
FIGURE 16 OFFSITE TREATMENT SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2022
4.5 MARKET SHARE, BY WASTE GENERATOR, 2022 VS. 2027
FIGURE 17 HOSPITALS AND DIAGNOSTIC LABORATORIES DOMINATE MARKET
4.6 MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
FIGURE 18 ASIA PACIFIC TO REGISTER FASTEST GROWTH IN FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 54)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increasing volume of healthcare waste
5.2.1.2 Growing geriatric and obese population
5.2.1.3 Rising number of surgical procedures
TABLE 2 US: PERCENTAGE INCREASE IN NUMBER OF SURGERIES PERFORMED
5.2.2 RESTRAINTS
5.2.2.1 High capital investments
TABLE 3 SOUTHERN ASIA: COST OF INCINERATORS
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing number of medical waste management awareness programs in developed countries
5.2.3.2 Rising adoption of single-use medical nonwovens and devices
5.2.4 CHALLENGES
5.2.4.1 Lack of awareness about medical waste management in developing countries
5.3 PATENT ANALYSIS
FIGURE 20 PATENT ANALYSIS OF MARKET
5.3.1 LIST OF MAJOR PATENTS
5.4 VALUE CHAIN ANALYSIS
FIGURE 21 VALUE CHAIN ANALYSIS OF MARKET: MAJOR VALUE ADDED DURING MANUFACTURING AND ASSEMBLY PHASES
5.5 SUPPLY CHAIN ANALYSIS
FIGURE 22 MARKET: SUPPLY CHAIN ANALYSIS
5.6 ECOSYSTEM/MARKET MAP
FIGURE 23 MARKET: ECOSYSTEM/MARKET MAP
5.6.1 MARKET: ROLE IN ECOSYSTEM
5.7 PORTER’S FIVE FORCES ANALYSIS
TABLE 4 MEDICAL WASTE MANAGEMENT MARKET: PORTER’S FIVE FORCES ANALYSIS
5.7.1 THREAT OF NEW ENTRANTS
5.7.2 THREAT OF SUBSTITUTES
5.7.3 BARGAINING POWER OF BUYERS
5.7.4 BARGAINING POWER OF SUPPLIERS
5.7.5 INTENSITY OF COMPETITIVE RIVALRY
5.8 REGULATORY LANDSCAPE
TABLE 5 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 8 LATIN AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.8.1 NORTH AMERICA
5.8.1.1 US
5.8.1.2 Canada
5.8.2 EUROPE
5.8.3 ASIA PACIFIC
5.8.3.1 Japan
5.8.3.2 India
5.8.4 LATIN AMERICA
5.8.4.1 Brazil
5.8.4.2 Mexico
5.8.5 MIDDLE EAST
5.8.6 AFRICA
5.9 TRADE ANALYSIS
5.9.1 TRADE ANALYSIS FOR ADHESIVE DRESSINGS
5.9.1.1 Import data for adhesive dressings, by country, 2017–2021
5.9.1.2 Export data for adhesive dressings, by country, 2017–2021
5.10 TECHNOLOGY ANALYSIS
5.11 KEY CONFERENCES AND EVENTS IN 2022–2023
TABLE 10 MARKET: CONFERENCES AND EVENTS
5.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.12.1 REVENUE SHIFT TOWARD TECHNOLOGY-BASED SOLUTIONS DUE TO COVID-19
FIGURE 24 REVENUE SHIFT IN MARKET
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF MEDICAL WASTE MANAGEMENT SERVICES
TABLE 11 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS OF MEDICAL WASTE MANAGEMENT SERVICES (%)
5.13.2 BUYING CRITERIA
FIGURE 26 KEY BUYING CRITERIA FOR MEDICAL WASTE MANAGEMENT SERVICES
TABLE 12 KEY BUYING CRITERIA FOR MEDICAL WASTE MANAGEMENT SERVICES
5.14 CASE STUDIES
6 MEDICAL WASTE MANAGEMENT MARKET, BY SERVICE (Page No. - 75)
6.1 INTRODUCTION
TABLE 13 MARKET, BY SERVICE, 2020–2027
6.1.1 PRIMARY NOTES
6.1.1.1 Key industry insights
6.2 COLLECTION, TRANSPORTATION, AND STORAGE SERVICES
6.2.1 DOMINATE MARKET DURING FORECAST PERIOD
TABLE 14 MARKET FOR COLLECTION, TRANSPORTATION, AND STORAGE SERVICES, BY REGION, 2020–2027
6.3 TREATMENT AND DISPOSAL SERVICES
TABLE 15 MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 16 MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY REGION, 2020–2027
6.3.1 INCINERATION
6.3.1.1 Investment in incinerators for small and medium-scale healthcare facilities
TABLE 17 MARKET FOR INCINERATION, BY REGION, 2020–2027
6.3.2 AUTOCLAVING
6.3.2.1 Initiatives by government and non-government organizations to support market growth
TABLE 18 MARKET FOR AUTOCLAVING, BY REGION, 2020–2027
6.3.3 CHEMICAL TREATMENT
6.3.3.1 Increasing focus on onsite treatment of medical waste to avoid spread of infection
TABLE 19 MARKET FOR CHEMICAL TREATMENT, BY REGION, 2020–2027
6.3.4 OTHER TREATMENTS
TABLE 20 MARKET FOR OTHER TREATMENTS, BY REGION, 2020–2027
6.4 RECYCLING SERVICES
6.4.1 INCREASING AWARENESS ABOUT RECYCLING MEDICAL WASTE TO DRIVE MARKET
TABLE 21 MARKET FOR RECYCLING SERVICES, BY REGION, 2020–2027
7 MEDICAL WASTE MANAGEMENT MARKET, BY TYPE OF WASTE (Page No. - 82)
7.1 INTRODUCTION
TABLE 22 MARKET, BY TYPE OF WASTE, 2020–2027
7.2 NON-HAZARDOUS WASTE
7.2.1 GROWING VOLUME OF SURGICAL PROCEDURES INCREASES GENERATION OF NON-HAZARDOUS WASTE
TABLE 23 NON-HAZARDOUS MARKET, BY REGION, 2020–2027
7.3 HAZARDOUS WASTE
TABLE 24 HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 25 HAZARDOUS MARKET, BY REGION, 2020–2027
7.3.1 INFECTIOUS AND PATHOLOGICAL WASTE
7.3.1.1 Increasing incidence of infectious diseases generates high volume of infectious medical waste
TABLE 26 INFECTIOUS AND PATHOLOGICAL MARKET, BY REGION, 2020–2027
7.3.2 SHARPS WASTE
7.3.2.1 Increasing number of surgeries to support market growth
TABLE 27 SHARPS MARKET, BY REGION, 2020–2027
7.3.3 PHARMACEUTICAL WASTE
7.3.3.1 Stringent regulations and protocols for monitoring and disposal of pharmaceutical waste to drive market
TABLE 28 PHARMACEUTICAL MARKET, BY REGION, 2020–2027
7.3.4 OTHER HAZARDOUS WASTE
TABLE 29 CHEMICAL WASTE GENERATED FROM HEALTHCARE ACTIVITIES
TABLE 30 MARKET FOR OTHER HAZARDOUS WASTE, BY REGION, 2020–2027
8 MEDICAL WASTE MANAGEMENT MARKET, BY TREATMENT SITE (Page No. - 89)
8.1 INTRODUCTION
TABLE 31 MARKET, BY TREATMENT SITE, 2020–2027
8.2 OFFSITE TREATMENT
8.2.1 COST-EFFECTIVENESS OF OFFSITE TREATMENT TO DRIVE MARKET
TABLE 32 MARKET FOR OFFSITE TREATMENT, BY REGION, 2020–2027
8.3 ONSITE TREATMENT
8.3.1 GROWING COMPANY INITIATIVES TO PROVIDE ADVANCED ONSITE EQUIPMENT TO SUPPORT MARKET GROWTH
TABLE 33 MARKET FOR ONSITE TREATMENT, BY REGION, 2020–2027
9 MEDICAL WASTE MANAGEMENT MARKET, BY WASTE GENERATOR (Page No. - 93)
9.1 INTRODUCTION
TABLE 34 MARKET, BY WASTE GENERATOR, 2020–2027
9.2 HOSPITALS AND DIAGNOSTIC LABORATORIES
9.2.1 RISING NUMBER OF SURGERIES CONTRIBUTES TO HIGH WASTE GENERATION
TABLE 35 HEALTHCARE WASTE GENERATED BY HOSPITALS AND DIAGNOSTIC LABORATORIES
TABLE 36 MARKET FOR HOSPITALS AND DIAGNOSTIC LABORATORIES, BY REGION, 2020–2027
9.3 OTHER WASTE GENERATORS
TABLE 37 MARKET FOR OTHER WASTE GENERATORS, BY REGION, 2020–2027
10 MEDICAL WASTE MANAGEMENT MARKET, BY REGION (Page No. - 98)
10.1 INTRODUCTION
TABLE 38 MARKET, BY REGION, 2020–2027
10.2 NORTH AMERICA
FIGURE 27 NORTH AMERICA: MARKET SNAPSHOT
TABLE 39 NORTH AMERICA: MARKET, BY COUNTRY, 2020–2027
TABLE 40 NORTH AMERICA: MARKET, BY SERVICE, 2020–2027
TABLE 41 NORTH AMERICA: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 42 NORTH AMERICA: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 43 NORTH AMERICA: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 44 NORTH AMERICA: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 45 NORTH AMERICA: MARKET, BY WASTE GENERATOR, 2020–2027
10.2.1 US
10.2.1.1 Stringent regulations for handling medical waste play crucial role in market growth
TABLE 46 US: MARKET, BY SERVICE, 2020–2027
TABLE 47 US: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 48 US: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 49 US: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 50 US: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 51 US: MARKET, BY WASTE GENERATOR, 2020–2027
10.2.2 CANADA
10.2.2.1 Increasing number of surgical procedures to drive market
TABLE 52 CANADA: MARKET, BY SERVICE, 2020–2027
TABLE 53 CANADA: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 54 CANADA: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 55 CANADA: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 56 CANADA: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 57 CANADA: MARKET, BY WASTE GENERATOR, 2020–2027
10.3 EUROPE
TABLE 58 EUROPE: HEALTHCARE WASTE GENERATION RATE, BY COUNTRY (KG/BED/DAY)
TABLE 59 EUROPE: MARKET, BY COUNTRY, 2020–2027
TABLE 60 EUROPE: MARKET, BY SERVICE, 2020–2027
TABLE 61 EUROPE: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 62 EUROPE: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 63 EUROPE: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 64 EUROPE: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 65 EUROPE: MARKET, BY WASTE GENERATOR, 2020–2027
10.3.1 GERMANY
10.3.1.1 Increasing number of trauma surgeries to drive market
TABLE 66 GERMANY: MARKET, BY SERVICE, 2020–2027
TABLE 67 GERMANY: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 68 GERMANY: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 69 GERMANY: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 70 GERMANY: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 71 GERMANY: MARKET, BY WASTE GENERATOR, 2020–2027
10.3.2 FRANCE
10.3.2.1 Growing geriatric population to aid market growth
TABLE 72 FRANCE: MARKET, BY SERVICE, 2020–2027
TABLE 73 FRANCE: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 74 FRANCE: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 75 FRANCE: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 76 FRANCE: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 77 FRANCE: MARKET, BY WASTE GENERATOR, 2020–2027
10.3.3 UK
10.3.3.1 Rising incidence of chronic diseases to propel market growth
TABLE 78 UK: MARKET, BY SERVICE, 2020–2027
TABLE 79 UK: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 80 UK: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 81 UK: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 82 UK: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 83 UK: MARKET, BY WASTE GENERATOR, 2020–2027
10.3.4 ITALY
10.3.4.1 Market growth driven by improving quality and accessibility to medical care
TABLE 84 ITALY: MARKET, BY SERVICE, 2020–2027
TABLE 85 ITALY: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 86 ITALY: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 87 ITALY: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 88 ITALY: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 89 ITALY: MARKET, BY WASTE GENERATOR, 2020–2027
10.3.5 SPAIN
10.3.5.1 Increasing life expectancy and growing geriatric population— key growth drivers
TABLE 90 SPAIN: MARKET, BY SERVICE, 2020–2027
TABLE 91 SPAIN: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 92 SPAIN: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 93 SPAIN: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 94 SPAIN: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 95 SPAIN: MARKET, BY WASTE GENERATOR, 2020–2027
10.3.6 REST OF EUROPE
TABLE 96 REST OF EUROPE: MARKET, BY SERVICE, 2020–2027
TABLE 97 REST OF EUROPE: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 98 REST OF EUROPE: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 99 REST OF EUROPE: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 100 REST OF EUROPE: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 101 REST OF EUROPE: MARKET, BY WASTE GENERATOR, 2020–2027
10.4 ASIA PACIFIC
FIGURE 28 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 102 ASIA PACIFIC: MARKET, BY COUNTRY, 2020–2027
TABLE 103 ASIA PACIFIC: MARKET, BY SERVICE, 2020–2027
TABLE 104 ASIA PACIFIC: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 105 ASIA PACIFIC: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 106 ASIA PACIFIC: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 107 ASIA PACIFIC: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 108 ASIA PACIFIC: MARKET, BY WASTE GENERATOR, 2020–2027
10.4.1 CHINA
10.4.1.1 Increasing incidence of DFUs and growing number of hospitals to support market growth
TABLE 109 CHINA: MARKET, BY SERVICE, 2020–2027
TABLE 110 CHINA: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 111 CHINA: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 112 CHINA: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 113 CHINA: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 114 CHINA: MARKET, BY WASTE GENERATOR, 2020–2027
10.4.2 JAPAN
10.4.2.1 Large geriatric population and well-developed healthcare system are key growth drivers
TABLE 115 JAPAN: MARKET, BY SERVICE, 2020–2027
TABLE 116 JAPAN: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 117 JAPAN: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 118 JAPAN: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 119 JAPAN: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 120 JAPAN: MARKET, BY WASTE GENERATOR, 2020–2027
10.4.3 INDIA
10.4.3.1 Government initiatives and expansion in healthcare infrastructure will drive demand for waste management
TABLE 121 INDIA: MARKET, BY SERVICE, 2020–2027
TABLE 122 INDIA: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 123 INDIA: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 124 INDIA: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 125 INDIA: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 126 INDIA: MARKET, BY WASTE GENERATOR, 2020–2027
10.4.4 REST OF ASIA PACIFIC
TABLE 127 REST OF ASIA PACIFIC: MARKET, BY SERVICE, 2020–2027
TABLE 128 REST OF ASIA PACIFIC: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 129 REST OF ASIA PACIFIC: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 130 REST OF ASIA PACIFIC: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 131 REST OF ASIA PACIFIC: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 132 REST OF ASIA PACIFIC: MARKET, BY WASTE GENERATOR, 2020–2027
10.5 LATIN AMERICA
10.5.1 EFFORTS TO IMPLEMENT UNIVERSAL HEALTH COVERAGE TO DRIVE HEALTHCARE MARKET
TABLE 133 LATIN AMERICA: MARKET, BY SERVICE, 2020–2027
TABLE 134 LATIN AMERICA: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 135 LATIN AMERICA: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 136 LATIN AMERICA: HAZARDOUS MEDICAL WASTE MANAGEMENT MARKET, BY TYPE, 2020–2027
TABLE 137 LATIN AMERICA: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 138 LATIN AMERICA: MARKET, BY WASTE GENERATOR, 2020–2027
10.6 MIDDLE EAST & AFRICA
10.6.1 IMPROVING HEALTHCARE INFRASTRUCTURE TO SUPPORT MARKET GROWTH
TABLE 139 MIDDLE EAST & AFRICA: MARKET, BY SERVICE, 2020–2027
TABLE 140 MIDDLE EAST & AFRICA: MARKET FOR TREATMENT AND DISPOSAL SERVICES, BY TYPE, 2020–2027
TABLE 141 MIDDLE EAST & AFRICA: MARKET, BY TYPE OF WASTE, 2020–2027
TABLE 142 MIDDLE EAST & AFRICA: HAZARDOUS MARKET, BY TYPE, 2020–2027
TABLE 143 MIDDLE EAST & AFRICA: MARKET, BY TREATMENT SITE, 2020–2027
TABLE 144 MIDDLE EAST & AFRICA: MARKET, BY WASTE GENERATOR, 2020–2027
11 COMPETITIVE LANDSCAPE (Page No. - 146)
11.1 OVERVIEW
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
11.2.1 OVERVIEW OF STRATEGIES DEPLOYED BY PLAYERS IN MEDICAL WASTE MANAGEMENT MARKET
TABLE 145 OVERVIEW OF STRATEGIES DEPLOYED BY KEY MEDICAL WASTE MANAGEMENT MANUFACTURING COMPANIES
11.3 REVENUE SHARE ANALYSIS OF TOP MARKET PLAYERS
FIGURE 29 REVENUE SHARE ANALYSIS OF TOP PLAYERS IN MEDICAL WASTE MANAGEMENT MARKET
11.4 MARKET SHARE ANALYSIS
FIGURE 30 MARKET SHARE, BY KEY PLAYER (2021)
TABLE 146 MARKET: DEGREE OF COMPETITION
11.5 COMPANY EVALUATION QUADRANT
11.5.1 LIST OF EVALUATED VENDORS
11.5.2 STARS
11.5.3 EMERGING LEADERS
11.5.4 PERVASIVE PLAYERS
11.5.5 PARTICIPANTS
FIGURE 31 MARKET: COMPETITIVE LEADERSHIP MAPPING, 2021
11.6 COMPETITIVE LEADERSHIP MAPPING FOR STARTUPS/SMES (2021)
11.6.1 PROGRESSIVE COMPANIES
11.6.2 STARTING BLOCKS
11.6.3 RESPONSIVE COMPANIES
11.6.4 DYNAMIC COMPANIES
FIGURE 32 MARKET: COMPETITIVE LEADERSHIP MAPPING FOR STARTUPS/SMES, 2021
11.7 COMPETITIVE BENCHMARKING
11.7.1 PRODUCT AND GEOGRAPHIC FOOTPRINT ANALYSIS
FIGURE 33 PRODUCT AND GEOGRAPHIC FOOTPRINT ANALYSIS OF TOP PLAYERS IN MARKET
TABLE 147 MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS
TABLE 148 SERVICE FOOTPRINT OF COMPANIES
TABLE 149 REGIONAL FOOTPRINT OF COMPANIES
TABLE 150 MEDICAL WASTE MANAGEMENT MARKET: DETAILED LIST OF KEY STARTUPS/SMES
11.8 COMPETITIVE SCENARIO
11.8.1 SERVICE LAUNCHES
TABLE 151 KEY SERVICE LAUNCHES
11.8.2 DEALS
TABLE 152 KEY DEALS
12 COMPANY PROFILES (Page No. - 158)
12.1 KEY PLAYERS
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
12.1.1 REPUBLIC SERVICES, INC.
TABLE 153 REPUBLIC SERVICES, INC.: BUSINESS OVERVIEW
FIGURE 34 REPUBLIC SERVICES, INC.: COMPANY SNAPSHOT (2021)
12.1.2 VEOLIA ENVIRONNEMENT S.A.
TABLE 154 VEOLIA ENVIRONNEMENT S.A.: BUSINESS OVERVIEW
FIGURE 35 VEOLIA ENVIRONNEMENT S.A.: COMPANY SNAPSHOT (2021)
12.1.3 WASTE MANAGEMENT, INC.
TABLE 155 WASTE MANAGEMENT, INC.: BUSINESS OVERVIEW
FIGURE 36 WASTE MANAGEMENT, INC.: COMPANY SNAPSHOT (2021)
12.1.4 CLEAN HARBORS, INC.
TABLE 156 CLEAN HARBORS, INC.: BUSINESS OVERVIEW
FIGURE 37 CLEAN HARBORS, INC.: COMPANY SNAPSHOT (2021)
12.1.5 STERICYCLE, INC.
TABLE 157 STERICYCLE, INC.: BUSINESS OVERVIEW
FIGURE 38 STERICYCLE, INC.: COMPANY SNAPSHOT (2021)
12.1.6 SHARPS COMPLIANCE, INC.
TABLE 158 SHARPS COMPLIANCE, INC.: BUSINESS OVERVIEW
FIGURE 39 SHARPS COMPLIANCE, INC.: COMPANY SNAPSHOT (2021)
12.1.7 REMONDIS SE & CO. KG
TABLE 159 REMONDIS SE & CO. KG.: BUSINESS OVERVIEW
12.1.8 BIOMEDICAL WASTE SOLUTIONS, LLC
TABLE 160 BIOMEDICAL WASTE SOLUTIONS, LLC: BUSINESS OVERVIEW
12.1.9 DANIELS SHARPSMART INC.
TABLE 161 DANIELS SHARPSMART, INC.: BUSINESS OVERVIEW
12.1.10 ECOMED SERVICES
TABLE 162 ECOMED SERVICES: BUSINESS OVERVIEW
12.1.11 GRP & ASSOCIATES, INC.
TABLE 163 GRP & ASSOCIATES, INC.: BUSINESS OVERVIEW
12.1.12 BWS INCORPORATED
TABLE 164 BWS INCORPORATED: BUSINESS OVERVIEW
12.1.13 MEDPRO DISPOSAL, LLC
TABLE 165 MEDPRO DISPOSAL, LLC: BUSINESS OVERVIEW
12.1.14 GIC MEDICAL DISPOSAL
TABLE 166 GIC MEDICAL DISPOSAL: BUSINESS OVERVIEW
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 GAMMA WASTE SERVICES
TABLE 167 GAMMA WASTE SERVICES: COMPANY OVERVIEW
12.2.2 TRIUMVIRATE ENVIRONMENTAL
TABLE 168 TRIUMVIRATE ENVIRONMENTAL: COMPANY OVERVIEW
12.2.3 EPCO
TABLE 169 EPCO: COMPANY OVERVIEW
12.2.4 ALL MEDICAL WASTE AUSTRALIA PTY LTD.
TABLE 170 ALL MEDICAL WASTE AUSTRALIA PTY LTD.: COMPANY OVERVIEW
12.2.5 CASELLA WASTE SYSTEMS, INC.
TABLE 171 CASELLA WASTE SYSTEMS, INC.: COMPANY OVERVIEW
12.2.6 PRO-DISPOSAL INC.
TABLE 172 PRO-DISPOSAL, INC.: COMPANY OVERVIEW
12.2.7 SSO MEDICAL WASTE MANAGEMENT
TABLE 173 SSO MEDICAL WASTE MANAGEMENT: COMPANY OVERVIEW
12.2.8 SAFEGUARD WASTE SOLUTIONS
TABLE 174 SAFEGUARD WASTE SOLUTIONS: COMPANY OVERVIEW
12.2.9 MEDWASTE INDUSTRIES, INC.
TABLE 175 MEDWASTE INDUSTRIES, INC.: COMPANY OVERVIEW
12.2.10 DULSCO
TABLE 176 DULSCO: COMPANY OVERVIEW
13 APPENDIX (Page No. - 192)
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 CUSTOMIZATION OPTIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
This study involved four major activities in estimating the current size of the medical waste management market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate segments and subsegments' market size.
Secondary Research
In the secondary research process, various secondary sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard & silver-standard websites, regulatory bodies, and databases (such as D&B Hoovers, Bloomberg Business, and Factiva) were referred to identify and collect information for this study.
Primary Research
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources were mainly industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, technology developers, researchers, and organizations related to all segments of this industry’s value chain. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, to obtain and verify the critical qualitative and quantitative information as well as assess future prospects.
The following is a breakdown of the primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the medical waste management market's total size. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry have been identified through extensive secondary research
- The revenues generated by leading players operating in the medical waste management market have been determined through primary and secondary research
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources
Market Top-Down Approach
To know about the assumptions considered for the study, Request for Free Sample Report
Data Triangulation
After arriving at the overall market size applying the process mentioned above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, describe, segment, and forecast the medical waste management market by services, type of waste, treatment site, waste generator and region.
- To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and challenges).
- To analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market.
- To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players.
- To forecast the size of the market segments with respect to five regions, namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa,
- To profile the key players and comprehensively analyze their service portfolios, market positions, and core competencies2.
- To track and analyze company developments such as service launches & approvals, partnerships, acquisitions, collaborations, agreements, expansion and contract in the medical waste management market.
- To benchmark players within the market using the proprietary “Competitive Leadership Mapping” framework, which analyzes market players on various parameters within the broad categories of business and service strategy.
Available Customizations
With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for this report:
Country Information
Medical waste management market size and growth rate estimates for countries in the Rest of Europe, the Rest of Asia Pacific, Latin America, and Middle East & Africa.
Company profiles
Product portfolio matrix for leading market players.
Growth opportunities and latent adjacency in Medical Waste Management Market
Who are the top key players in the medical waste management market in North America?