Global Medical Waste Management Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030

 

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Medical Waste Management Market (2025-2030):

According to the latest report, 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. The report demonstrates the prominent factors propelling the exponential growth of the Medical Waste Management Market.



Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2020-2023

·        Base year: 2024

·        Forecast Years: 2025-2030

·        CAGR (2025-30): 15.55%

·        Market Value in 2024: USD 6.89 Billion

·        Market Value by 2030: USD 14.19 Billion

Download a sample PDF of this report to gain insights into the complete report structure : https://www.marknteladvisors.com/query/request-sample/medical-waste-management-market.html

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.

Global Medical Waste Management Market Segmentation

The Medical Waste Management Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  • 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
  • By Treatment Site
    • Offsite Treatment- Market Size & Forecast 2020-2030F, USD Million
    • Onsite Treatment- Market Size & Forecast 2020-2030F, USD Million
  • By Waste Generator
    • Hospitals & Diagnostics Laboratories- Market Size & Forecast 2020-2030F, USD Million
    • Others- Market Size & Forecast 2020-2030F, USD Million
  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia Pacific

 

As per the regional aspect, the Medical Waste Management Market is expected to be dominated by the North America by capturing the potential market share. 

 

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/medical-waste-management-market.html

Top Companies in the Global Medical Waste Management Market

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

Global Medical Waste Management Industry 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.

Why Markntel Advisor Report?

Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comparisons of products and services.

Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehe           nsive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

Need personalized insights? Click here to customize this report-

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For Further Queries:

MarkNtel Advisors

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