Medical Waste Management Market - By Service (Collection, Transportation, and Storage Services, Treatment & Disposal Services, Recycling Services), By Type of Waste (Non Hazardous......Waste, Hazardous Waste), By Treatment Site (Offsite Treatment, Onsite Treatment), By Waste Generator (Hospitals & Diagnostics Laboratories) and Others Read more
- Healthcare
- Nov 2024
- 207
- PDF, Excel, PPT
Market Definition
Medical waste management refers to the proper processing, handling, disposal, and recycling of waste materials generated by healthcare facilities, including hospitals, clinics, and laboratories. This includes anything from used needles and syringes to soiled dressings, diagnostic samples, blood, chemicals, pharmaceuticals, and medical devices.
Market Insights & Analysis: Global Medical Waste Management Market (2025-30):
The Global 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. As the global population increases, so does the number of patients, leading to a surge in medical waste production. The World Health Organization (WHO) reports that approximately 15% to 20% of all medical waste is classified as hazardous, infectious, or radioactive. Notably, with the global population growing, advancements in medical science and technology, new infectious diseases, and an increase in hospitals and healthcare facilities, the US alone generates over 6 million tonnes of healthcare waste annually. Moreover, the total volume of medical waste worldwide is projected to rise by 2-3% every year. This has been generating increased demand for medical waste management services.
| Report Coverage | Details |
|---|---|
| Historical Years | 2020-23 |
|
Base Years
|
2024
|
|
Forecast Years
|
2025-30
|
| Market Value in 2024 | USD 6.89 Billion |
| Market Value By 2030 | USD 14.19 Billion |
| CAGR (2025-30) | 15.55% |
| Leading Region | North America |
| Top Key Players | 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 |
| Key Report Highlights |
|
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Additionally, the expansion of the medical waste management market is being fueled by an increasing number of government-backed programs. Various government agencies comply with regulations about medical waste, including the Occupational Safety and Health Administration (OSHA), the Centers for Disease Control (CDC), the U.S. Food and Drug Administration (FDA), the Department of Transport (DOT), and the Drug Enforcement Administration (DEA). Moreover, initiatives by governments across different nations are also contributing to market growth. Moreover, technological advancements are playing a significant role in boosting the market.
Envetec is a leader in creating eco-friendly, cleantech solutions for diagnostics, pharmaceuticals, medical device manufacturing, and the food and beverage industries. With the launch of GENERATIONS, Envetec has positioned itself as one of the first and only companies worldwide to offer a validated technology that treats biohazardous materials at their point of origin, thereby eliminating traditional, harmful waste treatment and disposal methods. Therefore, the market is anticipated to grow steadily during the forecast period. However, substantial investments required for high-value and advanced technological equipment could potentially impede the expansion of the medical waste management market.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Medical Waste Management Market Patent Analysis
- Global Medical Waste Management Market Trends & Insights
- Global Medical Waste Management Market Dynamics
- Drivers
- Challenges
- Global Medical Waste Management Market Hotspots & Opportunities
- Global Medical Waste Management Market Supply Chain Analysis
- Global Medical Waste Management Market Regulations & Policies
- Global Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- 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
- By Company
- Market Share of Top Companies
- Competition Characteristics
- By Service
- Market Size & Analysis
- North America Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Service- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Waste Generator- Market Size & Forecast 2020-2030F, USD Million
- By Country
- The US
- Canada
- Mexico
- The US Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- Canada Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- Mexico Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- Market Size & Analysis
- South America Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Service - Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Waste Generator- Market Size & Forecast 2020-2030F, USD Million
- By Country
- Brazil
- Rest of South America
- Brazil Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Europe Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Service - Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Waste Generator- Market Size & Forecast 2020-2030F, USD Million
- By Country
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
- Germany Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- The UK Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- France Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- Italy Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- Spain Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- Market Size & Analysis
- The Middle East & Africa Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Service - Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Waste Generator- Market Size & Forecast 2020-2030F, USD Million
- By Country
- GCC
- South Africa
- Rest of the Middle East & Africa
- GCC Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- South Africa Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Asia Pacific Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Service - Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Waste Generator- Market Size & Forecast 2020-2030F, USD Million
- By Country
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- China Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- Japan Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- India Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- South Korea Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- Australia Medical Waste Management Market Outlook, 2020-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Treatment Site- Market Size & Forecast 2020-2030F, USD Million
- By Type of Waste- Market Size & Forecast 2020-2030F, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Global Medical Waste Management Market Key Strategic Imperatives for Growth & Success
- Competition Outlook
- Company Profiles
- Clean Harbors, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Veolia Environment S.A.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Waste Management Holdings, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Stericycle Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Cleanaway Waste Management Limited
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- TBS Energi Utama
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- MedPro Disposal LLC
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- REMONDIS SE & Co. KG
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Ecomed Services
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- BWS Incorporated
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- MedWaste Industries, Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- GIC Medical Disposal
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- EPCO
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- SSO Medical Waste Management
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Triumvirate Environmental
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Clean Harbors, Inc.
- Disclaimer
- Company Profiles
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making