Medical Waste Management Market by Services (Disposal, Collection, Transpiration & Storage, Recycling and Others), by Treatment (Incineration, Autoclaving, Chemical Treatment, Others), by Type of waste (Hazardous Waste, Non-Hazardous or General Waste) and By Geography  

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Medical Waste Management Market size was estimated at USD 11.9 billion in 2022, growing at a CAGR of 6.6% during the forecast period 2023-2029. Medical waste, which includes potentially infectious materials generated in healthcare facilities like clinics, hospitals, veterinary hospitals, and research labs, poses significant health risks if improperly managed and can be categorized into infectious waste, pathological waste, sharps, chemicals, pharmaceuticals, genotoxic waste, radioactive waste, and non-hazardous waste. The global medical waste management market is expected to grow substantially due to efforts by government and non-government agencies to raise awareness and promote effective medical waste management, with countries like the U.S., UK, and India implementing regulations. Companies are adopting various strategies, including innovative management techniques and collaborations, to expand their market share, although the COVID-19 pandemic is expected to have a temporary impact on the market, and the report monitors recent innovations, key developments, and startup activities in the field.

The Medical Waste Management Market Key Developments:
  • In August 2011, WM Healthcare Solutions, Inc. (Waste Management, Inc.) collaborated with DaVita Inc. and BD (Becton, Dickinson and Company) to launch dialyzer recycling pilot in 106 DaVita dialysis in Southern California.
  • In October 2016, Tox Free Solutions Ltd. Acquired Daniels Health Pty Ltd and Daniels Manufacturing Australia Pty Ltd. A leading provider of medical waste management solutions to strengthen its market share.
  • In January 2014, Curtis Bay Medical Waste Services, acquired assets of Culver Enterprises Inc., a medical waste management firm. This acquisition will expand the geographical footprint of Curtis Bay.

Medical Waste Management Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.6%

Largest Market

North America

Fastest Growing Market

North America

Medical Waste Management Market Dynamics

Global medical waste management market is driven by awareness about complications related to inappropriate medical waste management and growth in healthcare industry. Furthermore, government regulations such as Medical Waste Tracking Act 1988, emergence of advanced waste disposal techniques and rising number of R&D activities and healthcare activities which produce more waste are expected to boost the market. However, lack of awareness and training in the proper medical waste management is expected hamper the market growth during the forecast period.

Medical Waste Management Market Segmentation

By Services

  • Disposal
  • Collection, Transpiration & Storage
  • Recycling
  • Others

By Treatment

  • Incineration
  • Autoclaving
  • Chemical Treatment
  • Others

By Geography

  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA

By Type of Waste

  • Hazardous Waste
  • Non-Hazardous or General Waste

Frequently Asked Questions

The Medical Waste Management Market is poised to grow at a significant CAGR of 6.6% during the forecast period

Waste Management, Inc. (U.S.), Stericycle, Inc. (U.S.), BioMedical Waste Solutions, LLC (U.S.), Republic Services, Inc. (U.S.), Remondis Medison GmbH (Germany), Suez Environnement S.A. (France), Clean Harbors, Inc. (U.S.), Veolia Environnement S.A. (France), Curtis Bay Medical Waste Services (U.S.), Tox Free Solutions Ltd. (Australia)

North America is the fastest-growing region for medical waste management market

Medical Waste Management Market size was estimated at USD 11.9 billion in 2022.

One of the threats to the medical waste management market is the potential for regulatory changes and stricter environmental regulations impacting disposal practices and costs.

Key Features of the Report

  • The  medical waste management market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and startup details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market
  1. Executive Summary
  1. Global Medical Waste Management Market Introduction
  • Global Medical Waste Management Market Taxonomy
  • Global Medical Waste Management Market Definitions
    • Service Type
    • Treatment Type
    • Waste Type
  1. Global Medical Waste Management Market Dynamics
  • Drivers
  • Restraints
  • Opportunities/Unmet Needs of the Market
  • Trends
  • Global Medical Waste Management Market Dynamic Factors - Impact Analysis
  • Global Medical Waste Management Market Competition Landscape
  1. Global Medical Waste Management Market Analysis, 2018-2022 and Forecast, 2023-2029
  • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
  • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
  • Market Opportunity Analysis
  1. Global Medical Waste Management Market, By Service Type, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
  • Disposal
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • Collection, Transpiration, and Storage
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • Recycling
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • Others
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  1. Global Medical Waste Management Market Forecast, By Treatment, 2018-2022 and Forecast, 2023-2029
  • Incineration
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • Autoclaving
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • Chemical Treatment
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • Others
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  1. Global Medical Waste Management Market Forecast, By Waste Type, 2018-2022 and Forecast, 2023-2029
  • Hazardous Waste
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • Non-Hazardous or General Waste
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  1. Global Medical Waste Management Market Forecast, By Region, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)

 

  • North America
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • Latin America
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • Asia-Pacific
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • The Middle East and Africa
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • Europe
    • Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
    • Market Opportunity Analysis
  • Global Medical Waste Management Market - Opportunity Analysis Index, By Service Type, By Treatment, By Waste Type, and Region, 2018 2024
  1. North America Medical Waste Management Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)

 

  • Service Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    • Disposal
    • Collection, Transpiration & Storage
    • Recycling
    • Others
  • Treatment Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    • Incineration
    • Autoclaving
    • Chemical Treatment
    • Others
  • Waste Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    • Hazardous Waste
    • Non-Hazardous or General Waste
  • North America Medical Waste Management Market - Opportunity Analysis Index, By Service Type, By Treatment, and By Waste Type, 2023-2029
  • North America Medical Waste Management Market Dynamics Trends
  1. Latin America Medical Waste Management Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
  • Service Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    • Disposal
    • Collection, Transpiration & Storage
    • Recycling
    • Others
  • Treatment Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    • Incineration
    • Autoclaving
    • Chemical Treatment
    • Others
  • Waste Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    • Hazardous Waste
    • Non-Hazardous or General Waste
  • Latin America Medical Waste Management Market - Opportunity Analysis Index, By Service Type, By Treatment, and By Waste Type, 2018 2024
  • Latin America Medical Waste Management Market Dynamics Trends
  1. Asia-Pacific Medical Waste Management Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
  • Service Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    • Disposal
    • Collection, Transpiration & Storage
    • Recycling
    • Others
  • Treatment Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    • Incineration
    • Autoclaving
    • Chemical Treatment
    • Others
  • Waste Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    • Hazardous Waste
    • Non-Hazardous or General Waste
  • Asia-Pacific Medical Waste Management Market - Opportunity Analysis Index, By Service Type, By Treatment, and By Waste Type, 2018 2024
  • Asia-Pacific Medical Waste Management Market Dynamics Trends
  1. The Middle East and Africa Medical Waste Management Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
  • Service Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    • Disposal
    • Collection, Transpiration & Storage
    • Recycling
    • Others
  • Treatment Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    • Incineration
    • Autoclaving
    • Chemical Treatment
    • Others
  • Waste Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    • Hazardous Waste
    • Non-Hazardous or General Waste
  • The Middle East and Africa Medical Waste Management Market - Opportunity Analysis Index, By Service Type, By Treatment, and By Waste Type, 2023-2029
  • The Middle East and Africa Medical Waste Management Market Dynamics Trends
  1. Europe Medical Waste Management Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn)
  • Service Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    • Disposal
    • Collection, Transpiration & Storage
    • Recycling
    • Others
  • Treatment Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    • Incineration
    • Autoclaving
    • Chemical Treatment
    • Others
  • Waste Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
    • Hazardous Waste
    • Non-Hazardous or General Waste
  • Europe Medical Waste Management Market - Opportunity Analysis Index, By Service Type, By Treatment, and By Waste Type, 2023-2029
  • Europe Medical Waste Management Market Dynamics Trends
  1. Competition Landscape

 

  • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Drug Class Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
    • Waste Management, Inc. (U.S.)
    • Stericycle, Inc. (U.S.)
    • BioMedical Waste Solutions, LLC (U.S.)
    • Republic Services, Inc. (U.S.)
    • Remondis Medison GmbH (Germany)
    • Suez Environnement S.A. (France)
    • Clean Harbors, Inc. (U.S.)
    • Veolia Environnement S.A. (France)
    • Curtis Bay Medical Waste Services (U.S.)
    • Tox Free Solutions Ltd. (Australia)
  1. Methodology
  2. Key Assumptions and Acronyms
  • Waste Management, Inc. (U.S.)
  • Stericycle, Inc. (U.S.)
  • BioMedical Waste Solutions, LLC (U.S.)
  • Republic Services, Inc. (U.S.)
  • Remondis Medison GmbH (Germany)
  • Suez Environnement S.A. (France)
  • Clean Harbors, Inc. (U.S.)
  • Veolia Environnement S.A. (France)
  • Curtis Bay Medical Waste Services (U.S.)
  • Tox Free Solutions Ltd. (Australia)

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