Press release
Key Trend Reshaping the Medical Waste Management Market in 2025: Hipac And Bertin Technologies Collaborate To Enhance Biomedical Waste Solutions In Australia
Medical Waste Management
The increasing utilization of disposable medical items in healthcare establishments is predicted to propel the medical waste management market. Many products employed in healthcare environments are designed for single use to minimize the spread of infections among patients and reduce the incidence of hospital-acquired infections. The COVID-19 pandemic has sparked a significant increase in the use of disposable products. Common disposable items such as surgical gloves, bedsheets, masks, surgical gowns, syringes, intravenous saline bags, among others, make up a considerable portion of hospital waste. Therefore, the higher usage rate of disposable medical products is anticipated to fuel the expansion of the medical waste management market.
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What is the projected compound annual growth rate (CAGR) of the medical waste management market from 2025 to 2034, and what factors influence it?
The market size of medical waste management has been expanding consistently in the past few years. It is projected to escalate from $18.91 billion in 2024 to $19.79 billion in 2025, with a compound annual growth rate (CAGR) of 4.6%. The growth during the historical phase is due to the mounting significance of efficient waste management and increased governmental measures for the disposal of medical waste.
The market size of medical waste management is predicted to experience significant growth in the coming years, with a projected value of $24.32 billion by 2029, increasing at a compound annual growth rate (CAGR) of 5.3%. The surge during the predicted period can be ascribed to the rise in the employment of disposable medical items, the implementation of new guidelines set by leading industry participants, advanced technologies, and the rising volume of medical waste. Notable trends for the projected period include the adaptation of novel treatment procedures, the adoption of cutting-edge technologies such as microwave technology, the initiation of new recycling services, mergers and acquisitions, and the adoption of ecological waste treatment methods.
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What new trends are reshaping the medical waste management market and its opportunities?
In August 2023, Hipac, a healthcare solutions company based in Australia, formed a partnership with Bertin Technologies for an unspecified amount. This partnership has allowed Hipac to launch Sterilwave, an innovative and eco-conscious method for biomedical waste management, now accessible to healthcare facilities throughout Australia. Bertin Technologies, a company based in France, offers technological solutions in diverse sectors which include medical waste management, nuclear detection and health physics, surveillance and protection, among other industries.
What are the major segments of the medical waste management market and their role in driving growth?
The medical waste management market covered in this report is segmented -
1) By Type: Non-Hazardous Waste, Bio-Hazardous/Infectious Waste, Bio-Hazardous/Infectious Waste Management
2) By Treatment: Incineration, Autoclaving, Chemical Treatment, Others
3) By Services: Onsite Services, Offsite Services
4) By Waste Generator: Hospitals, Clinics, Ambulatory Surgical Centers, Pharmaceutical Companies, Biotechnology Companies, Others
Subsegments:
1) By Non-Hazardous Waste: General Healthcare Waste, Non-Infectious Waste Disposal
2) By Bio-Hazardous/Infectious Waste: Contaminated Sharps Disposal, Pathological Waste Disposal, Infectious Waste, Pharmaceutical Waste Disposal
3) Bio-Hazardous/Infectious Waste Management: Autoclaving, Incineration, Chemical Disinfection, Microwave Treatment, Waste Segregation And Packaging
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Which regions are key players in the growth of the medical waste management market?
Asia-Pacific was the largest region in the medical waste management market in 2024. North America was the second-largest region in the global medical waste management market share. The regions covered in the medical waste management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the medical waste management market?
Major companies operating in the medical waste management market include Stericycle Inc., Waste Management Inc., Veolia Environmental Services, Clean Harbors Inc., Suez Environmental Services, Republic Services Inc., Sharps Compliance Inc., Daniels Health Inc., Biomedical Waste Solutions LLC, Remondis SE & Co KG, A2Z Green Waste Management Ltd, BVG India Ltd, Tatva Global Environment Ltd, Hanjer Biotech Energies Pvt. Ltd, The SafeGroup, Initial Medical, PHS, Medisort Ltd, Biffa Waste Services, BioSter SA, EKOMED Sp. z o.o, Medbox, Medikal Polska Sp. z o.o, ARTECH Reduction Technologies, Environmental Waste International Inc, Eco Medical, United Medical Waste Management, MedPro Disposal, Sanpro, Picvisa Machine Vision Systems S.L.U, Tana Oy, Presona AB, Lindner-Recyclingtech GmbH, Globalex Enviro LLC, Condor Medical Waste Treatment Company LLC, Green Mountains Environment And Transport Services, Mazaya Waste Management LLC, Averda Waste Management, Al Dhafra Waste Collection LLC, Compass Medical Waste Services (Pty) Ltd, Med-X Waste Solutions (Pty) Ltd
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What Is Covered In The Medical Waste Management Global Market Report?
• Market Size Forecast: Examine the medical waste management market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the medical waste management market for a structured understanding.
• Key Players Overview: Analyze major players in the medical waste management market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the medical waste management market.
• Segment Contributions: Evaluate how different segments drive overall growth in the medical waste management market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the medical waste management market.
• Industry Challenges: Identify potential risks and obstacles affecting the medical waste management market.
• Competitive Landscape: Review strategic developments in the medical waste management market, including expansions, agreements, and new product launches.
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