Press release
Sustainability, Regulation, and Technology Fuel Rapid Growth in Global Medical Waste Management Market, Reveals Strategic Market Research
Strategic Market Research (SMR), a global leader in market intelligence and consulting, today announced the release of its newest report, "Global Medical Waste Management Market Forecast 2025-2035."The comprehensive study provides an analytical overview of the global and U.S. medical waste management markets, highlighting the key factors driving growth, evolving regulations, major industry players, and technological innovations shaping the future of healthcare waste management.
Global Market Overview
According to SMR's report, the global medical waste management market was valued at USD 12.5 billion in 2024 and is projected to reach USD 20.1 billion by 2035, growing at a compound annual growth rate (CAGR) of 5.1% between 2025 and 2035.
The growth is fueled by increasing healthcare waste volumes, expanding hospital infrastructure, and stricter global environmental policies that promote sustainable waste treatment and disposal.
Globally, approximately 80% of medical waste is non-hazardous, while 20% is hazardous, requiring specialized handling and disposal. Hospitals, clinics, and laboratories remain the major sources of this waste, contributing nearly 85% of total medical waste generated worldwide.
Read more @ https://www.strategicmarketresearch.com/market-report/medical-waste-management-market
U.S. Market Insights
The United States continues to dominate the North American region, accounting for nearly 35% of the global medical waste management revenue in 2024. SMR's analysis estimates the U.S. market size at USD 3.8 billion in 2024, projected to reach USD 6.1 billion by 2035, with a CAGR of 4.8% during the forecast period.
The country generates over 6 million tons of medical waste annually, driven by a rapidly expanding healthcare system with more than 6,000 hospitals and 200,000 outpatient facilities.
The U.S. Environmental Protection Agency (EPA), along with state-level agencies, continues to enforce stringent regulations governing the collection, transportation, and disposal of medical waste, compelling healthcare institutions to partner with certified waste management service providers.
Key Growth Drivers (Global and U.S.)
Regulatory Enforcement and Compliance
Global and regional authorities such as the EPA, WHO, and the EU Waste Framework Directive are imposing strict waste handling mandates to ensure safety and environmental protection.
Technological Advancements
The adoption of non-incineration technologies like autoclaving, microwaving, and plasma gasification is accelerating globally.
In the U.S., hospitals are increasingly integrating IoT-enabled waste monitoring systems to enhance compliance and efficiency.
Sustainability Initiatives
Both global and U.S. healthcare institutions are focusing on reducing landfill dependency, adopting reusable medical supplies, and investing in waste-to-energy conversion systems.
Rising Healthcare Expenditure
The expansion of healthcare infrastructure in emerging economies and modernization of waste handling systems in developed nations are boosting industry growth.
Market Segmentation Overview
The SMR report segments the medical waste management industry based on waste type, treatment method, service, and region:
By Waste Type: Hazardous waste dominated the market in 2024 due to strict regulations and increasing use of single-use medical products.
By Treatment Method: Incineration remains common but is gradually being replaced by eco-friendly technologies such as autoclaving and chemical disinfection.
By Service: Collection, transportation, and storage services represent the largest share of the market, accounting for approximately 40% of total revenue.
By Region: North America leads globally, followed by Europe and Asia-Pacific, with Latin America and the Middle East & Africa showing strong emerging growth potential.
Competitive Landscape
The medical waste management industry features a mix of global and regional players. Prominent companies analyzed in SMR's report include:
Stericycle, Inc. (U.S.)
Veolia Environnement S.A. (France)
Waste Management, Inc. (U.S.)
Clean Harbors, Inc. (U.S.)
Republic Services, Inc. (U.S.)
Daniels Health (U.K.)
Sharps Compliance, Inc. (U.S.)
These companies are investing heavily in digital waste tracking, AI-based optimization, and green treatment technologies to strengthen their global market presence.
Key Trends and Opportunities
Digital Transformation: Use of RFID tags, cloud-based tracking, and AI analytics to manage waste logistics.
Circular Economy Models: Recycling of non-hazardous waste and reuse of sterilized medical containers.
Public-Private Partnerships: Increasing collaborations between healthcare facilities and government agencies to improve infrastructure.
Globalization of Standards: Efforts to harmonize medical waste regulations across regions.
Future Outlook (2025-2035)
SMR forecasts that by 2035, over 75% of healthcare facilities worldwide will adopt smart waste management platforms enabling real-time compliance monitoring and sustainability reporting.
In the U.S., federal and state initiatives are expected to further encourage green waste management technologies and expand public awareness regarding healthcare waste reduction.
"The global medical waste management industry is at a turning point," said Lin. "Data-driven compliance and eco-innovation will be the cornerstones of long-term growth."
Related Reports - Donor Egg IVF Services Market - https://www.strategicmarketresearch.com/market-report/donor-egg-ivf-services-market
Feed Antioxidants Market - https://www.strategicmarketresearch.com/market-report/feed-antioxidants-market
Virtual Data Room Market - https://www.strategicmarketresearch.com/market-report/virtual-data-room-market
Mobile Cobots Market - https://www.strategicmarketresearch.com/market-report/mobile-cobots-market
Strategic Market Research LLP.
Sunil Kumar
India: +91-8260836500
https://www.strategicmarketresearch.com/
Strategic Market Research is a global market intelligence and consulting firm specializing in healthcare, technology, energy, and sustainability sectors. SMR provides data-driven insights, strategic forecasts, and tailored consulting solutions that empower organizations to make informed, impactful decisions.
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 Sustainability, Regulation, and Technology Fuel Rapid Growth in Global Medical Waste Management Market, Reveals Strategic Market Research here
News-ID: 4225513 • Views: …
More Releases from Strategic Market Research LLP
The High Purity Alumina Market value is expected to reach USD 15.2 billion with …
New York, USA -- High purity alumina (HPA) refers to aluminum oxide (Al2O3) that has been refined to a very high level of purity. It typically has a purity level of 99.99% or higher, sometimes called 4N or 5N purity.
The market for high purity alumina in 2023 is worth USD 3.8 billion, and by 2030 it will be worth USD 15.2 billion, growing at a 21.6% CAGR during the forecast…
Video Analytics Market Size Worth USD 35.6 Billion; 23% CAGR, Exclusive Report b …
BROADWAY SUITE, NEW YORK, UNITED STATES, January 12, 2023, According to Strategic Market Research, the Global Video Analytics Market Size is anticipated to reach USD 35.6 Billion by 2030, growing at a CAGR of 23% during the forecast period of 2022-2030. Rising Trends of Smart Cities, Application in Critical Infrastructure and Video Surveillance to drive the industry growth.
The Global Video Analytics Market in 2020 was USD 4.5 billion and will…
More Releases for SMR
https://www.epressrelease.org/roofing-market-size-growth-trends-2021-by-smr/
The report covers forecast and analysis for the Roofing market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on volume and revenue (USD Million). The study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes study of opportunities available in the…
Lymphoma Treatment Market size, Growth, Trends 2020 by SMR
Lymphoma is a type of cancer that starts from lymphametic cells which are part of immune system. The lymph system helps body to fight infection and disease. There are two main types of lymphoma such as hodgkin lymphoma and non-hodgkin lymphoma (NHL). These cells are present in the spleen, lymph nodes, bone marrow, thymus, and among other parts of the body. Lymphoma can occur in both children and adults. Lymphoma…
SMR : Global Ethoxylates Market Analysis,share, size, trends 2020
Ethoxylates is a compound obtained from a conduct in which ethylene oxide added to alcohols and phenols. Production of detergents, surface cleaners, cosmetics, and paints mainly involve ethoxylates compound as intermediate. Major end application of ethoxylates includes textile processing, paints & coatings, agriculture, pulp & paper, and personal care industries.
Growing textile processing, personal care, and paints & coatings industries is major driving factor of ethoxylates market. Cosmetic & personal…
Global Barrier Materials Market share, size, trends 2020 by SMR
Barrier material is an enclosure material designed to stop means of access of gases, liquids, or radiation. Barrier materials market has witnessed a significant growth in the recent years, which is projected to continue in the years to come. Barrier materials market exhibit enormous opportunities for industry participants. Supply-demand gap in raw materials and protection against counterfeit products are the major challenges in the barrier materials market.
The report provides a…
SMR Automotive Services Selects IQS for Global Quality Standardization
July 15, 2011 | Cleveland, OH – IQS, a leader of enterprise compliance and quality management software announced today that customer SMR Automotive Services, a member of Samvardhana Motherson Group, one of the world’s largest manufacturers of external rearview mirrors for passenger cars, will deploy IQS’ web-based solution throughout all of its manufacturing sites worldwide to centralize quality operations and improve efficiency.
SMR manufactures exterior and interior mirrors and blind…
SMR Bathrooms Offer Next Day Delivery On Colosseum Radiators
Portsmouth, United Kingdom (10 December, 2010) – SMR Bathrooms, a leading UK supplier of bathrooms and bathroom accessories, can give next day delivery on Ultra Colosseum radiators to any UK address.
SMR Bathrooms stock Colosseum column radiators in a variety of styles and sizes to suit different locations, such as a smaller one for a downstairs bathroom or a larger one for a main bathroom. Produced by Ultra, all of…
