“Global
Medical Waste Management Market” accounted to USD 11.0 billion in 2016
growing at a CAGR of 5.5% during the forecast period of 2017 to 2024.
Global Medical Waste
Management Market by Waste Type (Infectious & Pathological Waste, Sharps,
Non-infectious Waste, Radioactive Waste, Pharmaceutical Waste), Disposable Site
(Offsite, Onsite), Service Type (Treatment & Disposal, Collection,
Transportation, & Storage, Recycling, Other Services), Treatment
(Incineration, Autoclaving, Chemical Treatment, Other Treatments), Geography and
Forecast to 2024
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Definition of Medical Waste Management Market:
Medical waste management is the process of proper processing
of waste materials which are produced by the healthcare organizations. These
waste materials are produced at bloods banks, clinics, laboratories and more.
The occurrence of medical waste management solutions has been very helpful in
the prevention of the release of toxic compounds into the environment. Medical
waste management solutions are using the eco-friendly treatment procedures.
These treatments are eco-friendly and emit zero toxic fumes & gases
allowing recycling of waste into resources.
Scope
of the Report:
By waste type the global medical waste management market is
segmented into infectious & pathological waste, sharps, non-infectious
waste, radioactive waste, and pharmaceutical waste.
On the basis of disposable site the global medical waste
management market is segmented into offsite, and onsite.
On the basis of service type the global medical waste
management market is segmented into treatment & disposal, collection,
transportation, & storage, recycling, and other services.
On the basis of treatment the global medical waste management
market is segmented into incineration, autoclaving, chemical treatment, and
other treatments.
On the basis of geography, global medical waste management
market report covers data points for 28 countries across multiple geographies
such as North America & South America, Europe, Asia-Pacific, and Middle
East & Africa. Some of the major countries covered in this report are U.S.,
Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China,
India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa,
and Brazil among others. In 2017, North America is expected to dominate the
market.
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Competitive
Analysis:
The global medical waste
management market is highly fragmented and is based on new product launches and
clinical results of products. Hence the major players have used various
strategies such as new product launches, clinical trials, market initiatives,
high expense on research and development, agreements, joint ventures,
partnerships, acquisitions, and others to increase their footprints in this
market. The report includes market shares of medical waste management market
for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors:
Some of the major players operating in global medical waste
management market are Suez Environnement S.A., Veolia Environnement
S.A., BioMedical Waste Solutions, LLC, REMONDIS SE & Co. KG, Clean Harbors,
Inc., United Medical Waste Management, PHS Wastemanagement, National Medical
Waste Management, Inc., UNITED MEDICAL INDUSTRIES CORP., Allied Medical Waste,
Healthcare Waste Management, Advantage Medical Waste Solutions, LLC, Daniels
Sharpsmart, Cannon Hygiene, MedAssure, MedDog, Medical Waste Services, Med
Monkey, Synergy Waste Management Pvt. Ltd., Republic Services, Inc., Sharps
Compliance, Inc., Choice Medwaste, GRP, Waste Management, Inc., Daniels
Sharpsmart Inc., SteriHealth, Compass Medical Waste Services, Medasend
Biomedical, Inc., Medical waste disposal, MEDICAL WASTE MANAGEMENT, Stericycle,
Inc. among others.
Major
Market Drivers and Restraints:
·
Increasing Initiatives
By Government Authorities
·
Rising Amount of
Awareness Programs for Waste Management
·
Necessity of Higher
Capital Investments
·
Inadequate Financial
Resources
·
Technological
Progressions
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Management Market Visit @ http://databridgemarketresearch.com/reports/global-medical-waste-management-market/
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