Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Medical Waste Management Market By Services, By Treatment, By Type of waste and Geography
Medical Waste Management Market size was estimated at US$ 11.9 billion in 2023, growing at a CAGR of 6.6% during the forecast period 2024-2030. 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 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.
Study Period
2024-2030Base Year
2023CAGR
6.6%Largest Market
North AmericaFastest Growing Market
North America
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.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 11.9 billion |
Market CAGR |
6.6% |
By Services |
|
By Treatment |
|
By Region |
|
By Type of Waste |
|
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Medical waste management market size was valued at US$ 11.9 billion in 2023 and is projected to grow at a CAGR of 6.6% from 2024-2030
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
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.
1.Executive Summary |
2.Global Medical Waste Management Market Introduction |
2.1.Global Medical Waste Management Market - Taxonomy |
2.2.Global Medical Waste Management Market - Definitions |
2.2.1.Services |
2.2.2.Treatment |
2.2.3.Type of Waste |
2.2.4.Region |
3.Global Medical Waste Management Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Medical Waste Management Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Medical Waste Management Market By Services, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Disposal |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Collection, Transpiration & Storage |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Recycling |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Others |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
6.Global Medical Waste Management Market By Treatment, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Incineration |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Autoclaving |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Chemical Treatment |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Others |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
7.Global Medical Waste Management Market By Type of Waste, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Hazardous Waste |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Non-Hazardous or General Waste |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
8.Global Medical Waste Management Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Medical Waste Management Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Services Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Disposal |
9.1.2.Collection, Transpiration & Storage |
9.1.3.Recycling |
9.1.4.Others |
9.2. Treatment Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Incineration |
9.2.2.Autoclaving |
9.2.3.Chemical Treatment |
9.2.4.Others |
9.3. Type of Waste Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Hazardous Waste |
9.3.2.Non-Hazardous or General Waste |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Medical Waste Management Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Disposal |
10.1.2.Collection, Transpiration & Storage |
10.1.3.Recycling |
10.1.4.Others |
10.2. Treatment Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Incineration |
10.2.2.Autoclaving |
10.2.3.Chemical Treatment |
10.2.4.Others |
10.3. Type of Waste Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Hazardous Waste |
10.3.2.Non-Hazardous or General Waste |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
11.Asia Pacific (APAC) Medical Waste Management Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Disposal |
11.1.2.Collection, Transpiration & Storage |
11.1.3.Recycling |
11.1.4.Others |
11.2. Treatment Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Incineration |
11.2.2.Autoclaving |
11.2.3.Chemical Treatment |
11.2.4.Others |
11.3. Type of Waste Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Hazardous Waste |
11.3.2.Non-Hazardous or General Waste |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Medical Waste Management Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Disposal |
12.1.2.Collection, Transpiration & Storage |
12.1.3.Recycling |
12.1.4.Others |
12.2. Treatment Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Incineration |
12.2.2.Autoclaving |
12.2.3.Chemical Treatment |
12.2.4.Others |
12.3. Type of Waste Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Hazardous Waste |
12.3.2.Non-Hazardous or General Waste |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Medical Waste Management Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Services Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Disposal |
13.1.2.Collection, Transpiration & Storage |
13.1.3.Recycling |
13.1.4.Others |
13.2. Treatment Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Incineration |
13.2.2.Autoclaving |
13.2.3.Chemical Treatment |
13.2.4.Others |
13.3. Type of Waste Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Hazardous Waste |
13.3.2.Non-Hazardous or General Waste |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Waste Management, Inc. |
14.2.2.Stericycle, Inc. |
14.2.3.BioMedical Waste Solutions, LLC |
14.2.4.Republic Services, Inc. |
14.2.5.Remondis Medison GmbH |
14.2.6.Suez Environnement S.A. |
14.2.7.Clean Harbors, Inc. |
14.2.8.Veolia Environnement S.A. |
14.2.9.Curtis Bay Medical Waste Services |
14.2.10.Tox Free Solutions Ltd. |
15. Research Methodology |
16. Appendix and Abbreviations |
Key Market Players