Market Research Report

GCC Healthcare Waste Management Market Research Report: Forecast (2023-2028)

By Type of Waste (Hazardous, Non-Hazardous), By Treatment Type (Chemical, Incineration, Autoclaving, Others), By Services (Collection, Transportation & Storage, Recycling, Treatmen...t & Disposal, Others), By Treatment Site (Onsite, Offsite), By End Users (Hospitals, Clinics, and Medical Research Institutes, Laboratories, Pharmaceutical companies, Blood Banks, Others), By Country (The UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait), By Company (Dulsco Waste Management , Remondis Medison GmbH, Suez Environment S.A., Veolia Environment S.A., Averda, SEPCO Environment, Saudi Investment Recycling Company, Bee'ah, Sharpsmart, Others) Read more

  • Healthcare
  • Jan 2023
  • 187
  • HC22072

All the waste produced by hospitals, laboratories, and medical research facilities, is referred to as healthcare waste, the improper disposal & treatment of which is hazardous to health and leads to disease transmission upon exposure. Since this waste poses a high risk to human life, a proper waste management system is crucial to be in place.

The GCC Healthcare Waste Management Market is projected to grow at a CAGR of around 14% during the forecast period, i.e., 2023-28, says MarkNtel Advisors. The rapid growth of the healthcare sector in the GCC leads to a surge in the quantity of waste generated by laboratories, clinics, and hospitals. According to conservative estimates, GCC countries produce more than 50 tons of medical waste every day. In addition to this, rising awareness regarding the need for the safe management of medical waste, which poses a higher risk to human health, boosts the demand for a proper healthcare waste management system.

Moreover, most medical waste generated by blood banks, autopsy centers, diagnostic & research centers, and hospitals is hazardous & can cause serious health issues to an individual if exposed to it. Hence, the need for an efficient healthcare waste management system significantly increases, which would propel the overall market growth in the coming years, further states the research report, “GCC Healthcare Waste Management Market Analysis, 2023.”

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR 14%
Countries Covered The UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait
Key Companies Profiled Dulsco Waste Management , Remondis Medison GmbH, Suez Environment S.A., Veolia Environment S.A., Averda, SEPCO Environment, Saudi Investment Recycling Company, Bee'ah, Sharpsmart, Others
Unit Denominations USD Million/Billion

 

Market Dynamics:

Market Driver: Enforcement of Strict Regulations by Government for Medical Waste Disposal to Favour the Market Growth

The implementation of the Uniform Law for Medical Waste Management by the government across GCC has primarily supported the growth of GCC Healthcare Waste Management Market. This law aims to develop proper storage, transportation, processing, and disposal of hazardous medical waste in GCC countries. Moreover, it also aims to develop various methods for processing medical waste in a manner that preserves public health & prevents environmental pollution. Thus, these initiatives by various governments in GCC region is expected to lead the market growth during the forecast period as well.


GCC Healthcare Waste Management Market Research Report: Forecast (2023-2028)

Market Challenge: Lack of Awareness regarding Health Hazards Associated with Healthcare Disposal to Hinder the Market Growth

The prime challenges that may restrain the market growth in the forecast period include the lack of awareness regarding health hazards associated with healthcare waste, coupled with inadequate training for proper waste management. Further, insufficient human resources shall also hamper the GCC Healthcare Waste Management Market growth during 2023-28.

Market Segmentation

Based on Type of Waste:

  • Hazardous
  • Non-Hazardous

Based on the Type of Waste, the market divides into Hazardous and Non-Hazardous. Among both, Non-Hazardous waste acquired the largest share of the GCC Healthcare Waste Management Market in the past few years. Non-Hazardous waste does not pose any particular chemical, biological, radioactive, or physical hazards. It includes waste generated from the administrative & housekeeping verticals of the healthcare facilities, packaging waste, and waste produced in the construction of healthcare buildings.

According to the WHO, 85% of the total waste generated by healthcare activities is non-hazardous. The rapid growth of the healthcare sector in the GCC leads to an increase in waste generated through this industry. Most of this waste includes non-hazardous waste, such as non-contaminated animal tissue and old equipment. Hence, with the booming healthcare industry across the GCC region, the Non-Hazardous segment dominated the healthcare waste management market, cites MarkNtel Advisors in their research report, “GCC Healthcare Waste Management Market Analysis, 2023.”

Based on Treatment Type:

  • Chemical
  • Incineration
  • Autoclaving
  • Others

Based on the Treatment Type, the market bifurcates into Chemical, Incineration, and Autoclaving. Of these three, Incineration is the most commonly used treatment type. It is a thermal process that converts medical wastes into inorganic & incombustible material. It results in the minimization of waste volume & weight. In addition, this treatment process helps eliminate pathogens from waste. Moreover, some pharmaceutical or chemical wastes require high-temperature destruction. Hence, the adoption of the incineration treatment type is significantly high among others in the healthcare sector.

Based on End Users:

  • Hospitals, Clinics, and Medical Research Institutes
  • Laboratories
  • Pharmaceutical companies
  • Blood Banks
  • Others

Based on the End-User, the market segments into Hospitals, Clinics, & Medical Research Institutes, Laboratories. Pharmaceutical companies, Blood Banks. Of these segments, Hospitals, Clinics, & Medical Research Institutes accounted for the largest share of the GCC Healthcare Waste Management Market in the previous few years. 

The need for proper waste management in hospitals, clinics, & medical research institutes is high as these are the most significant contributors to the medical waste produced.

Further, the risk associated with drugs containing hazardous chemicals, injuries from sharps, and other waste generated through these end-users leads to the increasing demand for an efficient waste management system to maintain safety among healthcare workers & patients. In addition, poor waste management can also lead to nosocomial infections in patients. Hence, the demand for healthcare waste management is significantly high in hospitals, clinics & medical research laboratories.

Country Landscape

Saudi Arabia Captured the Largest Market Share, UAE to Register Fastest Growth Through 2028

Saudi Arabia dominated the GCC Healthcare Waste Management Market in the previous few years. According to conservative estimates, the GCC countries produce more than 150 tons of healthcare waste every day. Saudi Arabia is the leading country among GCC countries, with a daily medical waste generation of more than 80 tons. Saudi Arabia’s current population is 34.81 million people and is projected to grow over the next few years. With the continuous increase in population, the waste generated from the medical facilities is also increasing astronomically. Therefore, opting for proper waste management across healthcare facilities like hospitals, clinics, and laboratories is a crucial step towards safety, thereby boosting the market growth in Saudi Arabia during 2023-28.

The UAE is the second largest healthcare waste producer, with approximately 21.5 tons of medical waste generated every day. Out of this, Abu Dhabi alone produces 12 tons of health care waste per day. These numbers indicate the severity of the problem related to the medical waste disposal system. The growing medical waste is causing critical health & environmental problems. Hence, the adoption of proper healthcare waste management is significantly increasing in UAE.

Competitive Landscape

According to MarkNtel Advisors, the leading industry players in the GCC Healthcare Waste Management market are Remondis Medison GmbH, Suez Environment S.A, Veolia Environment S.A., Averda, SEPCO Environment, Saudi Investment Recycling Company, and Others.

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Frequently Asked Questions

   A. The GCC Healthcare Waste Management Market is forecast to grow at a CAGR of 14% during 2023-28.

   A. Remondis Medison GmbH, Suez Environment S.A, Veolia Environment S.A., Averda, SEPCO Environment, Saudi Investment Recycling Company, and Others are a few leading players in the GCC Healthcare Waste Management Market.

   A. Non-Hazardous Waste is projected to attain the highest CAGR during the forecast period and maintain its significant market share.

   A. Saudi Arabia continues to grow at the highest CAGR during 2023-28, thereby presenting immense opportunities to market players of the GCC Healthcare Waste Management Market.

   A. The increasing patient population and rising safety concerns are the prime factors likely to drive the market.

   A. The Covid-19 pandemic has positively affected the GCC Healthcare Waste Management Market, owing to the large volume of healthcare waste generated during the crisis.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Impact of IoT on GCC Healthcare Waste Management Market
  5. GCC Healthcare Waste Management Market Trends & Insights
  6. GCC Healthcare Waste Management Market Dynamics
    1. Growth Drivers
    2. Challenges
  7. GCC Healthcare Waste Management Market Hotspot & Opportunities
  8. GCC Healthcare Waste Management Market Policies & Regulations
  9. GCC Healthcare Waste Management Market Analysis, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Waste
        1. Hazardous
        2. Non-Hazardous
      2. By Treatment Type
        1. Chemical
        2. Incineration
        3. Autoclaving
        4. Others
      3. By Services
        1. Collection
        2. Transportation & Storage
        3. Recycling
        4. Treatment & Disposal
        5. Others
      4. By Treatment Site
        1. Onsite
        2. Offsite
      5. By End Users
        1. Hospitals, Clinics, and Medical Research Institutes
        2. Laboratories
        3. Pharmaceutical companies
        4. Blood Banks
        5. Others
      6. By Country
        1. The UAE
        2. Saudi Arabia
        3. Qatar
        4. Oman
        5. Bahrain
        6. Kuwait
      7. By Company
        1. Competition Characteristics
        2. Revenue Shares & Analysis
  10. The UAE Healthcare Waste Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2.  Market Share & Analysis
      1. By Type of Waste
      2. By Treatment Type
      3. By End Users
  11. Saudi Arabia Healthcare Waste Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Waste
      2. By Treatment Type
      3. By End Users
  12. Qatar Healthcare Waste Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Waste
      2. By Treatment Type
      3. By End Users
  13. Oman Healthcare Waste Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Waste
      2. By Treatment Type
      3. By End Users
  14. Bahrain Healthcare Waste Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Waste
      2. By Treatment Type
      3. By End Users
  15. Kuwait Healthcare Waste Management Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
    2. Market Share & Analysis
      1. By Type of Waste
      2. By Treatment Type
      3. By End Users
  16. GCC Healthcare Waste Management Market Key Strategic Imperatives for Success & Growth
  17. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Manufacturing Units
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Offering, Business Segments, Financials, Strategic Alliances or Partnerships, Future Plans)
      1. Dulsco Waste Management 
      2. Remondis Medison GmbH
      3. Suez Environment S.A.
      4. Veolia Environment S.A.
      5. Averda
      6. SEPCO Environment
      7. Saudi Investment Recycling Company
      8. Bee'ah
      9. Sharpsmart
      10. Others
  18. Disclaimer


GCC Healthcare Waste Management Market Segmentation