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Generation of excess medical waste to propel the growth of Medical Waste Management market

06-11-2019 03:44 PM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

Generation of excess medical waste to propel the growth

The new research report by DataM Intelligence titled ‘Global Helicobacter Pylori Diagnostics Market – Size, Share and Forecast (2019-2026)’ analyses the scope and trends prevailing in this industry.

Global Medical Waste Management Market Segmentation

By Service Type- Disposal, Recycling, Collection, Transportation & Storage, and Others. The disposal of waste segment accounts for the largest revenue share.

By Treatment- Chemical treatment, Incineration, Autoclaving, and Others. Incineration holds the most significant market share.
The Environmental Protection Agency reports about 80% of biohazardous waste continue to end up in incineration facilities.

Source-https://www.datamintelligence.com/research-report/medical-waste-management-market

By Type of Waste- Non-Hazardous and Hazardous Waste. Non-Hazardous are almost 80% of the total waste generated while the remaining 20% of waste hazardous and may be infectious, toxic, or radioactive.

Global Medical Waste Management Market Geographical Share

North America leads the global medical waste management market owing to the stringent laws for medical waste management, high use of biomedical technologies and products, presence of a large number of healthcare waste generators and high awareness about safe medical waste disposal.

U.S. Department of Labor Occupational Safety & Health Administration (OSHA), regulates several aspects of medical waste.

Asia Pacific is anticipated to exhibit the fastest CAGR during the forecast period due to the presence of a large patient population, improving healthcare infrastructure, growing social awareness and establishment of regulations for the proper disposal of medical residues.

Medical Waste Management Market Competition

Key players use strategies such as mergers and acquisitions, partnerships, and regional expansion to stand out as strong competitors in the market. New product launches are other ways the leading players improve their market presence.

In April 2019, RedHawk Holdings Corp. announced it is focusing on the development and sale of its line of Sharps and Needle Disintegration Devices (“SANDD”)- designed for the safe and environmentally friendly incineration and disposal of hypodermic needles.

Texas-based Waste Management has agreed to acquire Florida-based Advanced Disposal for about $2.9 billion in cash, marking one of the biggest acquisitions in the waste collection, recycling, and disposal spaces in more than a decade.

In December 2018, Mauser Packaging Solutions, launched the first medical waste container made of 100% recycled plastics generated from post-consumer packaging waste.

Head to this space to collect a free sample market research report-
https://www.datamintelligence.com/research-report/medical-waste-management-market

The market research report covers the following topics-
Section 1. Global Medical Waste Management Market Methodology and Scope
Section 2. Global Medical Waste Management Market – Market Definition and Overview
Section 3. Global Medical Waste Management Market – Executive Summary
Section 4. Global Medical Waste Management Market – Market Dynamics
Section 5. Global Medical Waste Management Market – Industry Analysis
Section 6. Global Medical Waste Management Market – By Service Type
Section 7. Global Medical Waste Management Market – By Treatment
Section 8. Global Medical Waste Management Market – By Type of Waste
Section 9. Global Medical Waste Management Market – By Treatment Site
Section 10. Global Medical Waste Management Market – By Region
10.1 North America
10.2 Europe
10.3 South America
10.4 Asia Pacific
Section 11. Global Medical Waste Management Market – Competitive Landscape
Section 12.Company Profiles
Section 13. Global Medical Waste Management Market – Premium Insights
Section 14. Global Medical Waste Management Market – DataM

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About DataM Intelligence

DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

DMI is currently strengthening its cross-industrial database for sectors including Chemicals, Materials, Agriculture, Healthcare Services, Animal Nutrition, Consumer Goods, Food & Beverages, Industrial Machinery and Automation among others.

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