openPR Logo
Press release

Global Medical Waste Management Market Size, Share & Growth is Projected to Grow at a CAGR of 6.1% in the Forecast Period | BlueWeave

A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global medical waste management market was worth USD 6.5 billion in the year 2020. The data yielded by the study further reveals that the market is estimated to grow at the CAGR of 6.1%, earning revenue of around USD 9.8 billion by the end of 2027. A growing number of medical procedures and diagnostics generates large amounts of medical waste, which is a major factor driving the growth of the global waste management market. Moreover, environmental concerns and waste management awareness are also driving the market growth.

Browse report URL for more information about global medical waste management market @
https://www.blueweaveconsulting.com/report/medical-waste-management-market-report

Increasing Awareness Towards Medical Waste

Medical waste is increasing at a very high rate all around the world with the rising prevalence of chronic diseases and other medical conditions. Also, the rise in the number of hospitals leads to a greater amount of medical waste. Medical waste, if left untreated, can cause great harm to the environment. Therefore, the government, as well as non-profit organizations, are taking various initiatives to promote medical waste management and treatment. Rising awareness surrounding waste management is one of the major factors for the growth of the global medical waste management market. A constant effort is being made by the governments of different countries to educate the public about biomedical waste management through print media, social media, and electronic media.

Adoption of Advanced Technology and Innovative Techniques

Medical waste is very hazardous as they contain various chemicals, drugs, body fluids, and even radioactive chemicals. For medical waste treatment to be effective, it needs to be highly efficient in order to minimize the risk and harm they pose. The market players are therefore focusing on the development of new techniques and technologies for the treatment, disposal, and recycling of medical waste. Many modern procedures, such as burning, autoclaving, and microwaving, are being used by healthcare facilities and waste management organizations to improve the treatment and management process. As a result, the global medical waste management industry is picking up steam and growing at a rapid rate.

On-Site Treatment will lead the Market in the Forecast Period

Based on treatment sites, the global medical waste management market is categorized into two segments: on-site treatment and off-site treatment. The on-site and off-site treatment essentially refers to the location of the waste management. On-site treatment is preferred by most healthcare facilities because it is more cost-effective and permits waste to be treated according to its severity. Furthermore, off-site treatments are not available in most regions. As a result, the market for the on-site treatment segment is surging at a very rapid rate and is likely to maintain its dominance over the forecast period as well.

Browse TOC with Facts and Figures @ https://www.blueweaveconsulting.com/report/medical-waste-management-market-report/toc

Global Medical Waste Management Market - Regional Insights

Based on regions, the global medical waste management market is grouped into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Among all the regions, North America held the largest market share in the medical waste management market. However, Europe is witnessing a high CAGR with countries like Germany, Austria, Switzerland topping the effective waste management systems. Increased prevalence of chronic and other infectious diseases also contributes to the market growth in these regions, as the treatment of these diseases produces large amounts of medical waste by-products.

Impact of Covid-19 on the Global Medical Waste Management Market

Medical waste management revenue increased dramatically due to the Covid-19-induced pandemic. The rising number of instances of COVID-19 put a strain on healthcare facilities, causing an increase in medical waste.

Furthermore, medical wastes are one of the most leading causes of environmental pollution. With sustainability getting into the discussion, the government has issued several guidelines for the treatment of medical waste. A set of guidelines for managing healthcare waste has also been provided by the WHO. This guideline will assist healthcare facilities in managing waste resulting from the ongoing pandemic. Moreover, adhering to these guidelines, the global medical waste management market is deemed to flourish post the Covid-19 period.

Request For Free Sample Report @ https://www.blueweaveconsulting.com/report/medical-waste-management-market-report/report-sample

Competitive Landscape

The leading market players in the global medical waste management market are Biomedical Waste Solutions, LLC, Clean Harbors, Inc., Waste Management, Inc., Suez Environmental Services, Veolia Environmental Services, Daniels Sharpsmart Inc., US Ecology, Inc., Republic Services, Inc., Stericycle, Inc., All Medical Waste Australia Pty Ltd., Casella Waste Systems, Inc., and other prominent players. The industry players are focused on product portfolio expansion and improving distribution channels to make their products available all around the world. Additionally, market strategies such as partnerships, mergers, acquisitions, etc. are also constantly being adopted.

Don’t miss the business opportunity of the global medical waste management market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global medical waste management market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global medical waste management market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Please find below some related report:

https://www.blueweaveconsulting.com/report/south-east-asia-artificial-joints-and-artificial-cartilage-market-bwc20220

https://www.blueweaveconsulting.com/report/global-protease-inhibitors-market-bwc20206

Contact Us:

BlueWeave Consulting & Research Pvt. Ltd
US: +1 866 658 6826 | +1 425 320 4776
UK: +44 1865 60 0662
Email – info@blueweaveconsulting.com
Linked In Page: https://www.linkedin.com/company/blueweaveconsulting/

112 - H160 - BSI Business Park Sector - 63, Noida U.P. - India

About Us

BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solutions. BWC has built its reputation from the scratches by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.

This release was published on openPR.

Permanent link to this press release:

Copy
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 Global Medical Waste Management Market Size, Share & Growth is Projected to Grow at a CAGR of 6.1% in the Forecast Period | BlueWeave here

News-ID: 2368555 • Views: 174

More Releases from BlueWeave Consulting & Research Pvt Ltd.

United States Enhanced Water Market Size, Share Growth is Projected to Growing a …
The United States enhanced water market is growing at high rate because of the rising health awareness and the need for additional nutritional supplements in the body due to a busy lifestyle.... A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the US enhanced water market was worth USD 2,131.0 million in the year 2020. The data yielded by the study reveals that the
Global Electronic Bill Presentment and Payment (EBPP) Market Size & Share is Gro …
Electronic bill presentment and payment (EBPP) market is being driven by factors such as globalization, businesses expanding overseas, and consumers increasingly using plastic money. Market growth is also driven by the use of high-speed internet access on smart phones... A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global electronic bill presentment and payment (EBPP) market was worth 18.5 number of bills in
Global Fatty Alcohol Market Size & Share is Predicted to Garner USD 8.4 Billion …
The global fatty alcohol market is growing at a high CAGR because of the increasing demand for bio-based renewable products to promote sustainability and control dependence on non-renewable products such as petrochemicals... A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global fatty alcohol market was worth USD 5.5 billion in the year 2020. The market is estimated to grow at a CAGR
Global Medical Goggle Market Size, Share & Growth is Projected to Grow at a CAGR …
The global medical goggle market is growing at a high CAGR because of the increasing demand for surgical procedures and prevalence of infectious diseases and stringent regulations regarding the safety of healthcare workers... A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global medical goggle market was worth USD 443.4 million in the year 2020. The data generated by the study reveals that

All 5 Releases


More Releases for Medical

Medical Tourism Business
Medical Tourism businesses are experiencing sudden whoop in the industry. It is because of the availability of great procedures, technologies, infrastructure, and medicines required. It is projected that the Medical Tourism sector will progress to $8.2-9 Billion by 2025. In the market data, it clearly shows, the demand for healthcare services is rapidly growing, and it is potential for the business to enter the market. As the modern trends, awareness,
Medical Defibrillator(Monophasic)
Asynchronizer:External defibrillator Charging time:At 360J less than 10 sec Paddle configuration:Reusable extermal adult and pediatric paddles Operates from the mains (AC) and with its intemal Lead-acid battery Jiangsu Medwish Network Technology Co., Ltd. is located in Jiangsu, China. It is in a beautiful, clean and convenient environment. We are a professional manufacturer engaged in the research, development, production, sales and export of medical equipment. At the same time, we have a professional foreign
Global Embolization Particle Market 2019 - Sirtex Medical, Merit Medical, Cook M …
The global "Embolization Particle Market" report delivers a comprehensive and systematic framework of the Embolization Particle market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Embolization Particle market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion based on analysis and calculations. The
Global Tracheostomy Tube (Tracheotomy Tube) Market 2018 - Medtronic, Teleflex Me …
The Global Tracheostomy Tube (Tracheotomy Tube) Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Tracheostomy Tube (Tracheotomy Tube) industry. Firstly, Tracheostomy Tube (Tracheotomy Tube) Market report provides a basic overview of the Tracheostomy Tube (Tracheotomy Tube) industry including definitions, classifications, applications and Tracheostomy Tube (Tracheotomy Tube) industry chain structure. Global Tracheostomy Tube (Tracheotomy Tube) Market analysis is provided for the international market
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
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