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Oct 12, 2020 9:35 AM ET

Medical Waste Management Market Study: An Emerging Hint of Opportunity | Stericycle , SUEZ , Clean Harbors, Inc. , Veolia


iCrowd Newswire - Oct 12, 2020

The ‘ Medical Waste Management market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview, Medical Waste Management market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Medical Waste Management market size forecast, market data & Graphs and Statistics, Tables, Bar & Pie Charts, and many more for business intelligence.

Global Medical Waste Management Market valued approximately USD XX million in 2018  is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2020-2025.In-depth information by Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2014-2019), Revenue Market Share (%) by Players (2014-2019) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

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Key Segments Studied in the Global Medical Waste Management Market:

Professional Key players:  Stericycle  ,SUEZ  ,  Clean Harbors, Inc.  , Veolia,  Biomedical Waste Solutions, LLC. , Remondis Se & Co. Kg  ,  Sharps Compliance, Inc.   , Waste Management, Inc. , Daniels Sharpsmart

Market Segmentation:

Global Medical Waste Management Market Size study,

By Type of waste (hazardous waste and non-hazardous waste) Service type (collection, transportation, & storage, treatment & disposal and recycling)

By Treatment Type (incineration, autoclaving, chemical treatment, irradiative and biological)

By Treatment site (on-site and off-site)

By  Category (controlled and uncontrolled),

By  Source of generation (Hospital, Physician offices, Clinical laboratories, Reverse distributors and Manufacturers) and Regional Forecasts 2018-2025.

Global medical waste management market is valued at approximately USD19,690 million in 2017 and is anticipated to grow with a healthy growth rate of more than 5.4 % over the forecast period 2018-2025.Medical Waste Management Market

Growing focus on eco-friendly waste management procedures is the major key trend that is responsible for the wide adoption of medical waste management globally. Global medical waste management market is significantly driven by the growth in healthcare industry. According to the Indian Brand Equity Foundation (IBEF) in December, healthcare has become one of the largest sectors in India both in terms of revenue and employment. The healthcare industry is expected to reach around $133.44 billion by 2022. Also, India is experiencing a growth of 22-25 % in medical tourism and would reach from $3 billion to $6 billion by 2018. In addition, there is significant scope for enhancing healthcare services due to the increasing healthcare spending as a percentage of GDP. As per the Wirein Organization, India Government healthcare expenditure increased to 1.4% in 2018 which was earlier 1.2% in 2014. Similarly, as per the James Lind Institute, the healthcare system in United States accounts for $3 trillion yearly expenditures, that is around 20% of United States’ GDP. According to the Offices of the Actuary at the Centers for Medicare and Medicaid Services, investment is anticipated to increase at a yearly rate of 5.9% through 2020, that is 1.2% greater than the US expected GDP development. Therefore, the growth in healthcare industry would generate high amount of medical waste. As a result, the demand for medical; waste management would increase, promoting the growth of the market. However, lack of awareness about health hazards is the major factor that impede the growth of the medical waste management market over the forecast period.

The leading market players mainly include-

Stericycle

SUEZ

Clean Harbors, Inc.

Veolia

Biomedical Waste Solutions, LLC.

Remondis Se & Co. Kg

Sharps Compliance, Inc.

Waste Management, Inc.

Daniels Sharpsmart

On the basis of segmentation, the medical waste management market is segmented into type of waste, service type, treatment type, treatment site, category and source of generation. Based on type of waste, the global medical waste management market is classified into hazardous waste and non-hazardous waste of which non-hazardous segment dominates the market. The service type segment includes collection, transportation, & storage, treatment & disposal and recycling. On the basis of treatment type segment, the market is diversified into incineration, autoclaving, chemical treatment, irradiative and biological. The category segment includes controlled and uncontrolled. Based on source of generation segment, the global medical waste management market is bifurcated into Hospital, Physician offices, Clinical laboratories, Reverse distributors and Manufacturers.

The regional analysis of medical waste management market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. North America have occupied major share in the global medical waste management market. The major reasons for the dominance of North America are presence of well-established healthcare facilities, rising prevalence of chronic and infectious diseases that need advanced medical and surgical aids. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific region is witnessed owing to establishment of stringent regulations for the disposal of medical residues and growing social awareness.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

Target Audience of the Global Medical Waste Management Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

Countries: Argentina,  Australia,  Austria,  Belgium,  Brazil,  Canada,  Chile,  China,  Colombia,  Czech Republic,  Denmark,  Egypt,  Finland,  France,  Germany,  Hong Kong,  India,  Indonesia,  Ireland,  Israel,  Italy,  Japan,  Malaysia,  Mexico,  Netherlands,  New Zealand,  Nigeria,  Norway,  Peru,  Philippines,  Poland,  Portugal,  Romania,  Russia,  Saudi Arabia,  Singapore,  South Africa,  South Korea,  Spain,  Sweden,  Switzerland,  Thailand,  Turkey,  UAE,  UK,  USA,  Venezuela,  Vietnam

Impact of COVID-19 on the Global Market

The research report compiled by Report Ocean offers the study of market opportunities and market impact that are created due to the COVID-19 pandemic. The detailed research report is focused upon all direct and indirect impact of COVID-19 with new product launches, pipeline analysis, supply chain overview, government regulations, strategies adopted by related market players and upcoming vaccines and drug status. Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.(*If you have any special requirements, please let us know and we will offer you the report as you want.)

(Check Our Exclusive Offer: Ask for Discount to our Representative)

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Furthermore, the years considered for the study are as follows:

Historical year – 2014-2019 | Base year – 2019 | Forecast period** – 2020 to 2025 [** unless otherwise stated]

The Global Medical Waste Management Market report provides the meticulously studied and evaluated data of the top industry players and their scope in the market by means of several analytical tools. The analytical tools such as Porters five forces analysis, feasibility study, SWOT analysis, and ROI analysis have been practiced reviewing the growth of the key players operating in the market.

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Key Points Covered in Medical Waste Management Market Report: Study Explore COVID 19 Outbreak Impact Analysis
Executive Summary
Table of Contents
List of Figures
List of Tables
Introduction
Segmentation By Geography
Medical Waste Management Market Characteristics
Supply Chain And Key Participants

Medical Waste Management Market Size And Growth
Historic Market Growth, Value ($ Billion)
Drivers Of The Market
Restraints On The Market
Forecast Market Growth, Value ($ Billion)
Medical Waste Management Global Market PESTEL Analysis by Political, Economic, Social, Technological, Environmental, Legal
Medical Waste Management Customer Information
Brand Experience And Customer Support Influence Purchasing Decision
Medical Waste Management Market, Regional And Country Analysis
Global Medical Waste Management Market, , By Region, Value ($ Billion)

Global Medical Waste Management Manufacturing Market, Historic And Forecast, Segmentation

Medical Waste Management Market Overview
Region Information
Market Information
Background Information
Taxes Levied
Government Initiatives
Regulatory Bodies
Regulations
Associations
Investments
Competitive Landscape

Global Medical Waste Management Market Top Opportunities By Segment
Global Medical Waste Management Market Top Opportunities By Country
Global Medical Waste Management Market Strategies
Strategies based on market trends
Strategies Adopted By Leading Competitors
Appendix
Research Methodology
Currencies
Research Inquiries
Copyright and Disclaimer

……..and view more in complete table of Contents

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