Title: Global Medical Waste Management Market- Industry Trends and Forecast to 2025 (1)
1Global Medical Waste Management Market- Industry
Trends and Forecast to 2025
Global Medical Waste Management Market, By Type
of Waste (Hazardous Waste, Non-Hazardous Waste),
Service Type (Collection, Transportation,
Storage, Treatment Disposal, Recycling,
Others), Treatment Type (Incineration,
Autoclaving, Chemical Treatment, Irradiative,
Biological, Others), Treatment Site (Offsite,
Onsite), Category (Controlled, Uncontrolled)
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2Report Description
The major factors driving the growth of this
market are rise in generation of healthcare
waste, growing healthcare industry, importance of
medical waste management, eco-friendly waste
management procedures and growing government
initiatives. On the other hand lack of awareness
about health hazards and lack of skilled
professionals for proper disposal may hinder the
growth of the global medical waste management
market.
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3Market Segmentation
- The global medical waste management market is
segmented based on type of waste into two notable
segments hazardous waste and non-hazardous
waste. In 2018, non-hazardous segment is
estimated to rule with 85.9 shares and will
cross USD 25,645.52 million by 2025, rising at
the CAGR of 5.5. Hazardous waste is sub
segmented into infectious pathological waste,
pharmaceutical waste, sharps and others. - The global medical waste management market is
segmented based on treatment type into six
notable segments
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4Market Segmentation
- The global medical waste management market is
segmented based on service type into four notable
segments collection, transportation and storage,
treatment and disposal, recycling and others. In
2018, collection, transportation and storage is
estimated to rule with 64.2 shares and will
cross USD 18,893.89 million by 2025, rising at
the CAGR of 5.3. However, recycling is expected
to grow at the highest CAGR of 6.1 in the
forecast period, and is expected to reach USD
1,963.38 million in 2025 from USD 1,293.16
million in 2017 - The global medical waste management market is
segmented based on category into two notable
segments controlled and uncontrolled. In 2018,
controlled segment is estimated to rule with
90.2 shares and will cross USD 26,954.98 million
by 2025, rising at the CAGR of 5.5.
5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
6Key Drivers
The major factors driving the growth of this
market are rise in generation of healthcare
waste, growing healthcare industry, importance of
medical waste management, eco-friendly waste
management procedures and growing government
initiatives. On the other hand lack of awareness
about health hazards and lack of skilled
professionals for proper disposal may hinder the
growth of the global medical waste management
market.
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