Innovations & Trends Within Medical Waste Management Market: What is Expected During 2025- 2030

December 17, 2024 akio01

How Big is the Medical Waste Management Market?

The Global Medical Waste Management Market size was valued at around USD 6.89 billion in 2024 and is projected to reach USD 6.89 billion in 2024. 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..

Market Statistics

Market Size in 2024: USD 6.89 billion in 2024
Market Size By 2030: USD 14.19 billion by 2030
Market Growth Rate (CAGR): 15.55% from 2025-2030

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Medical Waste Management Market Insight:

Driver-

Increased Healthcare Waste Volumes Fuel Market Expansion – The Medical Waste Management Market has experienced significant growth, fueled by the rapid expansion of the healthcare sector globally. This growth is closely linked to the increasing global demand for healthcare services, which has resulted in the proliferation of hospitals, laboratories, research centers, mortuaries, autopsy centers, and blood banks, all of which generate substantial amounts of medical waste. As these healthcare facilities expand to meet the rising healthcare needs of larger populations, the volume of medical waste they produce also increases. This escalation in waste generation demands more sophisticated and robust waste management solutions capable of efficiently handling and disposing of increased quantities of medical waste.

Consequently, the expansion of the healthcare industry drives the demand for medical waste management services and also highlights the importance of advanced waste management practices that are essential for sustainable healthcare systems and environmental stewardship.

Medical Waste Management Market Segmentation:

The report has segmented the market into the following categories:

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

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Competitive Landscape:

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

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Key Highlights of the Report:

Market Performance (2025-2030)
Strategic Recommendations
Current, Historical and Future Market Trends
Market Drivers and Leading Competitor
SWOT Analysis
Structure of the Market
Comprehensive Mapping and Recent Advancement

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