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Medical Waste Management Market Outlook: Global Industry Report, Market Size and Growth Opportunities
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Stringent environment and health safety regulation by governments worldwide, and the growth of pharmaceuticals and healthcare industry in developing market, are some of the predominant drivers of the medical waste treatment market. In the U.S. the government has regulated the medical water treatment under U.S. Environmental Protection Agency’s (EPA) Resource Conservation and Recovery Act (RCRA).
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Europe and North America are the major market for medical waste treatment attributed to the stringent environmental and patient’s safety regulations in the region. Asia Pacific market for the medical waste treatment is growing at a significant rate. The strengthening healthcare infrastructure and increasing expenditure of Hospitals towards the waste management is driving the medical waste treatment market in Asia Pacific. Apart from these Latin America and Middle-East are other important markets of medical waste treatment market. Country wise, The U.S. is largest market of medical waste treatment in North America. Germany, U.K., France, Italy are some of the major medical waste treatment market in Europe. India, Japan, and China are major medical waste treatment market in Asia Pacific, where as Brazil is the largest market of medical waste treatment in Rest of the World region.
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Some of the major players operating in global medical waste management market include, Clean Harbors, Inc., Hawaii Bio-Waste Systems Inc. (HBW), Healthcare Environmental Services Group, Medclean Technologies Inc., Medasend Biomedical Inc., Miller Group, Republic Services Inc., Suez Environnement, Waste Management Inc., Aipura LIC, Stericycle Inc. and Gamma Waste Systems.
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