Medical Waste Management Market to Grow at a CAGR of 4.8% to 2018

Medical Waste Management Market by Sector (Hospital & Pharmaceutical), Service 2013 to 2018

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The report “Medical Waste Management Market by Sector (Hospital & Pharmaceutical), Service (Collection, Transportation & Storage, Treatment, Disposal & Recycling), Treatment Technology (Mechanical, Thermal, Chemical, Microwave Irradiation) & Geography – Global Trends & Forecast to 2018” by MarketsandMarkets is now available at Contact with report name in subject line and your contact details to purchase this report or get your questions answered.

The growing demand of the pharmaceutical industry and aging population drives the medical waste management market. The total medical waste management market revenue, in terms of geography, is expected to reach $10,327.0 million, growing at a CAGR of 4.9% from 2013 to 2018. The Americas dominates the market with $3,100.0 million in 2013, and is expected to reach $4,040.0 million by 2018, at a CAGR of 5.4%. This is followed by Europe, which is expected to reach $2,710.0 million by 2018, at a CAGR of 4.8% from 2013 to 2018.

Regulatory bodies in the Americas and European countries are extremely strict with regards to the way medical waste is handled.

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Progressive environmental concerns function as a key winning imperative for the medical waste management market. Current trends and government policies with respect to medical waste management is driven by environmental issues such as global warming, increasing carbon emissions, etc.

The market is controlled by a few important players who always tend to buy and implement the best technologies and services. Veolia Environment, Clean Harbors, Waste Management Inc., Republic Services Inc., Suez Environnement, and Stericycle Inc. are the top players of the industry, that collectively hold about 69% of the market share.

For this report, the major players in the market are identified through secondary and primary research based on which their market shares are evaluated. This includes the study of annual reports of top market players and interviews with key opinion leaders such as CEOs, Directors, and marketing personnel.

The market revenue of various services, sectors, and treatment technology of medical waste management are determined and evaluated using primary and secondary research. The market data is available from 2011 to 2018, with a CAGR from 2013 to 2018.

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This report analyzes various marketing trends and establishes the most effective growth strategy. It identifies market dynamics such as drivers, restraints, opportunities, burning issues, etc.

Scope of the report:

On the basis of sector:

Hospital waste management

- Regular medical waste management

- Anatomical waste management

Pharmaceutical waste management

- Manufacturing waste management

- Clinical trial waste management

On the basis of service:

- Collection, transportation & storage

- Waste treatment

- Disposal and Recycling

- Others

On the basis of treatment technology:

- Mechanical

- Thermal

- Chemical

- Microwave Irradiation

On the basis of geography:

- The Americas

- Europe

- Asia-Pacific


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