Medical Waste Management Industry, 2020-2025 - Increasing Shift Towards Disposables Drives Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Medical Waste Management - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Medical Waste Management market worldwide is projected to grow by US$4.1 Billion, driven by a compounded growth of 4.6%.

Medical Waste Management, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$15.2 Billion by the year 2025, Medical Waste Management will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 5.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$210.7 Million to the region's size and clout in the next 5 to 6 years. Over US$190 Million worth of projected demand in the region will come from Rest of Europe markets.

In Japan, Medical Waste Management will reach a market size of US$1.1 Billion by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 4.3% over the next couple of years and add approximately US$692.6 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.

All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Key Topics Covered

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Medical Waste Developing into a Major Issue Worldwide
• Types of Medical Wastes: An Insight
• Bio-medical Waste Sources
• Diseases Associated with Biomedical Waste
• Recent Market Activity
• Current and Future Analysis
• The United States Dominates, Asia-Pacific Witnesses Fastest Growth
• Waste Management Technologies
• Offsite Waste Management Continues to Dominate
• Hospital and Big Pharma/Biotech Companies Produce the Largest Quantity of Medical Waste
• Major Players
• Sophisticated Techniques and Increased Awareness - Need of the Hour
• Global Competitor Market Shares
• Medical Waste Management Competitor Market Share Scenario Worldwide (in %): 2020 & 2029

2. FOCUS ON SELECT PLAYERS

• Biomedical Waste Solutions, LLC. (USA)
• Bondtech Corporation (USA)
• BWS, Inc. (USA)
• Clean Harbors, Inc. (USA)
• Cleanaway Waste Management Limited (Australia)
• Daniels Health USA (USA)
• Gamma Waste Systems (USA)
• Hawaii Bio-Waste Systems, Inc. (USA)
• MedWaste Management (USA)
• REMONDIS Medison GmbH (Germany)
• San-I-Pak Pacific, Inc. (USA)
• Sharps Compliance, Inc. (USA)
• Stericycle, Inc. (USA)
• STI BioSAFE (USA)
• SUEZ Recycling & Recovery Pty Ltd (Australia)
• The Mark-Costello Co. (USA)
• Veolia Environmental Services (UK)
• Waste Management, Inc. (USA)

3. MARKET TRENDS & DRIVERS

• Aging Global Population Drives Demand for Medical Waste Management
• Increasing Healthcare Spending Propels Market Growth
• Increasing Volume of Waste Drives the Need for Waste Management
• Increasing Shift towards Disposables Drives Medical Waste Management Market
• Governments, NGOs, and Global Level Organizations Do their Bit to Raise Awareness
• WHO Recommended Segregation and Collection Scheme
• Increased Government Efforts to Manage Medical Wastes
• Waste Reduction at Source - The New Approach
• Recycling Witnesses Fast Growth
• Automated Guided Vehicle Systems Gain in Popularity
• Ban on Medical Waste Incinerators in the US Triggers Growth
• Autoclave and Steam Sterilization Technology Grow in Popularity
• Utilizing Waste for Energy Generation - An Emerging Trend
• Outsourcing of Medical Waste Management on the Rise
• Reprocessing - An Effective Medical Waste Management Solution
• Pre-Treatment of Waste with Disinfectants
• Medical Waste Management Companies Go Green
• Centralized Approach of Treating Medical Waste - The Most Preferred Option
• Smart Solutions for Management of Biomedical Waste - The Future
• ISSUES & GROWTH INHIBITORS
• List of Standard Treatment for Biomedical Waste Categories
• Action Plans to Boost Prospects
• Alternative Technologies - Issues Remain
• Comparison of Various Parameters among Various Medical Waste Treatment Technologies
• Mechanical/Chemical Treatment Technology & Environmental Safety Issues
• Microwave Irradiation - High Costs Involved

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 38

For more information about this report visit https://www.researchandmarkets.com/r/chelew.