Medical Waste Management Market to Reach US$ 16,495.8 Mn by 2027 - Veolia, Clean Harbors, Daniels Sharpsmart, Medasend Biomedical, Bondtech, Sharps Compliance, Stericycle, Republic Services, and Waste Management
Medical waste poses a growing problem across the world, jeopardizing the health of patients, staff, workers involved in disposal, and others. The primary reason behind the exponential increase in the volume of medical waste generated can be directly associated with the increasing number of patient admissions across various medical specialties. The healthcare authorities in almost all the countries of the world reports increase in the number of patient influx within the public as well as private healthcare facilities.
Get PDF sample copy of this Study: https://www.theinsightpartners.com/sample/TIPRE00005411/
For instance, according to a report by the Health Foundation published in February 2018, the annual number of hospital admissions in the English NHS has increased by 28.1% resulting from 14 million admissions in 2015/16 as compared to 11 million admissions in 2006/07. The NHS also reports that the number of patients admitted with at least one of the 22 long-term conditions has doubled from 2006 to more than 4.5 million patients in 2016. Thus, the increasing number of patient admissions for outpatient surgeries as well as inpatient hospital stays is likely to propel the increasing demand for medical waste management in these facilities, thereby promoting market growth.
The prominent players operating in the medical waste management market are Medasend Biomedical, Inc, Bondtech Corporation, Sharps Compliance, Inc., Veolia, Clean Harbors, Inc., Daniels Sharpsmart, Inc., Stericycle, REMONDIS SE & Co. KG, Republic Services, Inc., and Waste Management, Inc. among the others. The market players are focused on bringing new and innovative products and services through various inorganic strategies such as acquisitions, mergers, and agreements to sustain their position in the market. For instance, in February 2015, Clean Harbors, Inc. and Nuverra Environmental Solutions, Inc. signed an agreement to acquire Nuverra's subsidiary Thermo Fluids Inc.
Increasing number of patient admissions across healthcare facilities is expected to be responsible for the growth of global medical waste management market.
In 2018, the treatment and disposal segment held the largest market share of 40.7% of the medical waste management market, by service type. The consumables segment is also expected to dominate its market share in 2027 as treatment and disposal are one of the most crucial steps conducted for discarding hospital generated waste. On the other hand, recycling segment is anticipated to witness the fastest growth rate of 6.6% during the forecast period, 2019 to 2027 owing to the majority of the companies working towards developing eco-friendly solutions that includes recycling of medical wastes.
Access the complete report with Comprehensive table of contents @ https://www.theinsightpartners.com/buy/TIPRE00005411/
The report segments the global medical waste management market as follows:
Global Medical Waste Management Market – By
Transportation and Storage
Treatment and Disposal
Global Medical Waste Management Market – By Treatment Type
Global Medical Waste Management Market – By Treatment Site
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Medical Waste Management Market to Reach US$ 16,495.8 Mn by 2027 - Veolia, Clean Harbors, Daniels Sharpsmart, Medasend Biomedical, Bondtech, Sharps Compliance, Stericycle, Republic Services, and Waste Management here
News-ID: 1852921 • Views: 699
More Releases from The Insight Partners
Cumene Market To See Strong Growth and Business Scope During 2020 to 2027 | Key …
The report aims to provide an overview cumene market with detailed market segmentation by application, method type, and geography. The global cumene market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cumene market players and offers key trends and opportunities in the cumene market. The global cumene market is segmented on the basis of application, method type.
Fly Ash Market 2020 Explosive Factors of Revenue by Key Vendors Size, Demand, De …
The growth of fly ash market in this region is primarily attributed to the rising spending on infrastructure and increasing growth in the construction sector. Moreover, higher population rate in the countries such as China and India has led to increased demand for residential as well as commercial construction. The growing population of these countries is the main driver for the growth of the construction industry in the region. This market
A2P SMS Market Trends, Size, Demand, Growth Analysis, Opportunity, Share, Sales …
A2P SMS Market Overview: The A2P SMS Market was valued at US$ 40.45 billion in 2015 and is estimated to reach US$ 62.10 billion by 2025. The A2P SMS market has experienced high growth and adoption rate in the last few years and is also expected to experience a significant growth and adoption rate in years to come. Importance of marketing and promotional campaigns have prompted marketers to find different communication
Individual Quick Freezing (IQF) in Food & Beverages Market Business Growth Stati …
Individual quick freezing, usually known as IQF. It is a freezing method used in the food processing industry. In the individual quick freezing (IQF) process, unlike other freezing processes, the products are frozen as individual pieces. It helps to freeze the product extremely quickly. The individual quick freezers (IQF) process is far better than the conventional methods. It forms small ice crystals within the product and helps to maintain the
More Releases for Medical
Affordable Medical Cover Plans
Taking great care of health is important, but it does not assure a healthy life. Even after taking all the precautions, people can still get unwell due to various reasons. Unfortunately, medical treatment is not always affordable for everyone. Losing loved ones due to lack of money is the worst nightmare for any person. Luckily, now you can cover your whole family for medical treatment by purchasing affordable medical covers
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Global Medical Aesthetics Market
The Global Medical Aesthetics Market is expected to reach USD 26.53 billion by 2024 from USD 10.12 billion in 2016, at a CAGR of 12.8% in the forecast period 2017 to 2024. “Global Medical Aesthetics Market”, By Product Type (Aesthetic Laser Devices, Energy Devices, Skin Tightening & Body Contouring Devices, Aesthetic Implants, Facial Aesthetic Devices), Applications (Anti-Aging & Wrinkles, Facial & Skin Rejuvenation, Vascular Lesions, Body Shaping & Cellulite, Breast
Medical Ventilators – Medical Devices Pipeline Assessment, 2017
ReportBazzar has released its latest research-based report entitled ‘Medical Ventilators’ market. This report provides a holistic approach to the market growth with a detailed and precise analysis of the overall competitive scenario of the Medical Ventilators market. The report also provides a detailed analysis of key trends and latest technologies, playing a prominent role in the Medical Ventilators market growth. It takes into account aspects such as drivers, restraints, challenges, and
The Medibmls Medical Encyclopedia contains public health information for patients and others about medical laboratory tests and general healthcare. This medical encyclopedia is developed to provide patients and others with background information about laboratory tests and health as part of the healthcare sector. Please visit us at: Medical Encyclopedia-Medibmls - https://medibmls.org/ Diseases - https://medibmls.org/diseases/ Laboratory Tests - https://medibmls.org/laboratory-tests/ Medibmls is a medical encyclopedia containing health information for patients and others about clinical laboratory tests and
Medical Electrodes Market
Medical electrodes are devices used to transfer energy of ionic currents into electrical current in the body. The currents passed into the body is amplified and has proved to be useful in diagnosing various diseases. Medical electrodes are noninvasive and comprises a metal, electrode conducting plate and lead. Medical electrodes progress with quantification of internal ionic currents results in diagnosis of nervous, cardiac, ocular and muscular disorders. The electrode works