MarkNtel Advisors recently published a detailed industry analysis of the Global Medical Waste Management Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Medical Waste Management Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Medical Waste Management Market size was valued at around USD 6.89 billion in 2024 and is projected to reach USD 14.19 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 15.55% during the forecast period, i.e., 2025-30.
Key Findings in Global Medical Waste Management Market:
- Historical Analysis: 2020–2023
- Base Year: 2024
- Forecast Period: 2025–2030
Leading Market Players- Clean Harbors, Inc., Veolia Environment S.A., Waste Management Holdings, Inc., Stericycle Inc., Cleanaway Waste Management Limited, TBS Energi Utama, MedPro Disposal LLC, REMONDIS SE & Co. KG, Ecomed Services, BWS Incorporated, MedWaste Industries, Inc., GIC Medical Disposal, EPCO, SSO Medical Waste Management, Triumvirate Environmental, among others
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Medical Waste Management Market?
Increased Healthcare Waste Volumes Fuel Market Expansion – The Medical Waste Management Market has experienced significant growth, fueled by the rapid expansion of the healthcare sector globally. This growth is closely linked to the increasing global demand for healthcare services, which has resulted in the proliferation of hospitals, laboratories, research centers, mortuaries, autopsy centers, and blood banks, all of which generate substantial amounts of medical waste. As these healthcare facilities expand to meet the rising healthcare needs of larger populations, the volume of medical waste they produce also increases. This escalation in waste generation demands more sophisticated and robust waste management solutions capable of efficiently handling and disposing of increased quantities of medical waste.
Consequently, the expansion of the healthcare industry drives the demand for medical waste management services and also highlights the importance of advanced waste management practices that are essential for sustainable healthcare systems and environmental stewardship.
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What segments define the Global Medical Waste Management Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
By Service
- Collection, Transportation, and Storage Services- Market Size & Forecast 2020-2030F, USD Million
- Treatment & Disposal Services- Market Size & Forecast 2020-2030F, USD Million
- Incineration- Market Size & Forecast 2020-2030F, USD Million
- Autoclaving- Market Size & Forecast 2020-2030F, USD Million
- Chemical Treatment- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
- Recycling Services- Market Size & Forecast 2020-2030F, USD Million
By Type of Waste
- Non Hazardous Waste- Market Size & Forecast 2020-2030F, USD Million
- Hazardous Waste- Market Size & Forecast 2020-2030F, USD Million
- Infectious & Pathological Waste- Market Size & Forecast 2020-2030F, USD Million
- Sharps Waste- Market Size & Forecast 2020-2030F, USD Million
- Pharmaceutical Waste- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
According to report, The Hazardous Waste segment within the Medical Waste Management Market has experienced significant growth due to the serious health and environmental risks posed by hazardous or infectious waste.
By Treatment Site
- Offsite Treatment- Market Size & Forecast 2020-2030F, USD Million
- Onsite Treatment- Market Size & Forecast 2020-2030F, USD Million
According to report, The Onsite treatment segment has become a dominant force in the Medical Waste Management Market, securing a substantial market share due to its numerous advantages.
By Waste Generator
- Hospitals & Diagnostics Laboratories- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
Explore the Complete Global Medical Waste Management Market Analysis Report – https://www.marknteladvisors.com/research-library/medical-waste-management-market.html
Geographical Analysis: Global Medical Waste Management Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Global Medical Waste Management Market Recent Development:
- 2023: Waste Management Holdings, Inc. invested USD 30 million to enhance the manufacturing capacity at its Ohio-based facility in the United States.
- 2023: TBS Energi Utama expanded its business portfolio beyond the coal mining sector by acquiring Asia Medical Enviro Services, a prominent company specializing in biohazardous and medical waste treatment.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Medical Waste Management Market?
- How is the Medical Waste Management Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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