5. Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 19 Medical Waste Management Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Increasing Volume of Healthcare Waste
5.2.1.2 Growing Geriatric and Obese Population
5.2.1.3 Rising Number of Surgical Procedures
Table 2 US: Percentage Increase in Number of Surgeries Performed
5.2.2 Restraints
5.2.2.1 High Capital Investments
Table 3 Southern Asia: Cost of Incinerators
5.2.3 Opportunities
5.2.3.1 Increasing Number of Medical Waste Management Awareness Programs in Developed Countries
5.2.3.2 Rising Adoption of Single-Use Medical Nonwovens and Devices
5.2.4 Challenges
5.2.4.1 Lack of Awareness About Medical Waste Management in Developing Countries
5.3 Patent Analysis
Figure 20 Patent Analysis of Medical Waste Management Market
5.3.1 List of Major Patents
5.4 Value Chain Analysis
Figure 21 Value Chain Analysis of Medical Waste Management Market: Major Value Added During Manufacturing and Assembly Phases
5.5 Supply Chain Analysis
Figure 22 Medical Waste Management Market: Supply Chain Analysis
5.6 Ecosystem/Market Map
Figure 23 Medical Waste Management Market: Ecosystem/Market Map
5.6.1 Medical Waste Management Market: Role in Ecosystem
5.7 Porter's Five Forces Analysis
Table 4 Medical Waste Management Market: Porter's Five Forces Analysis
5.7.1 Threat of New Entrants
5.7.2 Threat of Substitutes
5.7.3 Bargaining Power of Buyers
5.7.4 Bargaining Power of Suppliers
5.7.5 Intensity of Competitive Rivalry
5.8 Regulatory Landscape
Table 5 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 6 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 7 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 8 Latin America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 Rest of the World: Regulatory Bodies, Government Agencies, and Other Organizations
5.8.1 North America
5.8.1.1 US
5.8.1.2 Canada
5.8.2 Europe
5.8.3 Asia-Pacific
5.8.3.1 Japan
5.8.3.2 India
5.8.4 Latin America
5.8.4.1 Brazil
5.8.4.2 Mexico
5.8.5 Middle East
5.8.6 Africa
5.9 Trade Analysis
5.9.1 Trade Analysis for Adhesive Dressings
5.9.1.1 Import Data for Adhesive Dressings, by Country, 2017-2021 (USD Million)
5.9.1.2 Export Data for Adhesive Dressings, by Country, 2017-2021 (USD Million)
5.10 Technology Analysis
5.11 Key Conferences and Events in 2022-2023
Table 10 Medical Waste Management Market: Conferences and Events
5.12 Trends/Disruptions Impacting Customers’ Businesses
5.12.1 Revenue Shift Toward Technology-Based Solutions due to COVID-19
Figure 24 Revenue Shift in Medical Waste Management Market
5.13 Key Stakeholders and Buying Criteria
5.13.1 Key Stakeholders in Buying Process
Figure 25 Influence of Stakeholders on Buying Process of Medical Waste Management Services
Table 11 Influence of Stakeholders in the Buying Process of Medical Waste Management Services (%)
5.13.2 Buying Criteria
Figure 26 Key Buying Criteria for Medical Waste Management Services
Table 12 Key Buying Criteria for Medical Waste Management Services
5.14 Case Studies
6. Medical Waste Management Market, by Service
6.1 Introduction
Table 13 Medical Waste Management Market, by Service, 2020-2027 (USD Million)
6.1.1 Primary Notes
6.1.1.1 Key Industry Insights
6.2 Collection, Transportation, and Storage Services
6.2.1 Dominate Medical Waste Management Market During Forecast Period
Table 14 Medical Waste Management Market for Collection, Transportation, and Storage Services, by Region, 2020-2027 (USD Million)
6.3 Treatment and Disposal Services
Table 15 Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 16 Medical Waste Management Market for Treatment and Disposal Services, by Region, 2020-2027 (USD Million)
6.3.1 Incineration
6.3.1.1 Investment in Incinerators for Small and Medium-Scale Healthcare Facilities
Table 17 Medical Waste Management Market for Incineration, by Region, 2020-2027 (USD Million)
6.3.2 Autoclaving
6.3.2.1 Initiatives by Government and Non-Government Organizations to Support Market Growth
Table 18 Medical Waste Management Market for Autoclaving, by Region, 2020-2027 (USD Million)
6.3.3 Chemical Treatment
6.3.3.1 Increasing Focus on Onsite Treatment of Medical Waste to Avoid Spread of Infection
Table 19 Medical Waste Management Market for Chemical Treatment, by Region, 2020-2027 (USD Million)
6.3.4 Other Treatments
Table 20 Medical Waste Management Market for Other Treatments, by Region, 2020-2027 (USD Million)
6.4 Recycling Services
6.4.1 Increasing Awareness About Recycling Medical Waste to Drive Market
Table 21 Medical Waste Management Market for Recycling Services, by Region, 2020-2027 (USD Million)
7. Medical Waste Management Market, by Type of Waste
7.1 Introduction
Table 22 Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
7.2 Non-Hazardous Waste
7.2.1 Growing Volume of Surgical Procedures Increases Generation of Non-Hazardous Waste
Table 23 Non-Hazardous Medical Waste Management Market, by Region, 2020-2027 (USD Million)
7.3 Hazardous Waste
Table 24 Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 25 Hazardous Medical Waste Management Market, by Region, 2020-2027 (USD Million)
7.3.1 Infectious and Pathological Waste
7.3.1.1 Increasing Incidence of Infectious Diseases Generates High Volume of Infectious Medical Waste
Table 26 Infectious and Pathological Medical Waste Management Market, by Region, 2020-2027 (USD Million)
7.3.2 Sharps Waste
7.3.2.1 Increasing Number of Surgeries to Support Market Growth
Table 27 Sharps Medical Waste Management Market, by Region, 2020-2027 (USD Million)
7.3.3 Pharmaceutical Waste
7.3.3.1 Stringent Regulations and Protocols for Monitoring and Disposal of Pharmaceutical Waste to Drive Market
Table 28 Pharmaceutical Medical Waste Management Market, by Region, 2020-2027 (USD Million)
7.3.4 Other Hazardous Waste
Table 29 Chemical Waste Generated from Healthcare Activities
Table 30 Medical Waste Management Market for Other Hazardous Waste, by Region, 2020-2027 (USD Million)
10. Medical Waste Management Market, by Region
10.1 Introduction
Table 38 Medical Waste Management Market, by Region, 2020-2027 (USD Million)
10.2 North America
Figure 27 North America: Medical Waste Management Market Snapshot
Table 39 North America: Medical Waste Management Market, by Country, 2020-2027 (USD Million)
Table 40 North America: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 41 North America: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 42 North America: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 43 North America: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 44 North America: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 45 North America: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.2.1 US
10.2.1.1 Stringent Regulations for Handling Medical Waste Play Crucial Role in Market Growth
Table 46 US: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 47 US: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 48 US: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 49 US: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 50 US: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 51 US: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.2.2 Canada
10.2.2.1 Increasing Number of Surgical Procedures to Drive Market
Table 52 Canada: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 53 Canada: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 54 Canada: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 55 Canada: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 56 Canada: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 57 Canada: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.3 Europe
Table 58 Europe: Healthcare Waste Generation Rate, by Country (Kg/Bed/Day)
Table 59 Europe: Medical Waste Management Market, by Country, 2020-2027 (USD Million)
Table 60 Europe: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 61 Europe: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 62 Europe: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 63 Europe: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 64 Europe: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 65 Europe: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.3.1 Germany
10.3.1.1 Increasing Number of Trauma Surgeries to Drive Market
Table 66 Germany: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 67 Germany: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 68 Germany: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 69 Germany: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 70 Germany: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 71 Germany: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.3.2 France
10.3.2.1 Growing Geriatric Population to Aid Market Growth
Table 72 France: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 73 France: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 74 France: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 75 France: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 76 France: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 77 France: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.3.3 UK
10.3.3.1 Rising Incidence of Chronic Diseases to Propel Market Growth
Table 78 UK: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 79 UK: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 80 UK: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 81 UK: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 82 UK: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 83 UK: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.3.4 Italy
10.3.4.1 Market Growth Driven by Improving Quality and Accessibility to Medical Care
Table 84 Italy: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 85 Italy: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 86 Italy: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 87 Italy: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 88 Italy: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 89 Italy: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.3.5 Spain
10.3.5.1 Increasing Life Expectancy and Growing Geriatric Population - Key Growth Drivers
Table 90 Spain: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 91 Spain: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 92 Spain: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 93 Spain: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 94 Spain: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 95 Spain: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.3.6 Rest of Europe
Table 96 Rest of Europe: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 97 Rest of Europe: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 98 Rest of Europe: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 99 Rest of Europe: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 100 Rest of Europe: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 101 Rest of Europe: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.4 Asia-Pacific
Figure 28 Asia-Pacific: Medical Waste Management Market Snapshot
Table 102 Asia-Pacific: Medical Waste Management Market, by Country, 2020-2027 (USD Million)
Table 103 Asia-Pacific: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 104 Asia-Pacific: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 105 Asia-Pacific: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 106 Asia-Pacific: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 107 Asia-Pacific: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 108 Asia-Pacific: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.4.1 China
10.4.1.1 Increasing Incidence of Dfus and Growing Number of Hospitals to Support Market Growth
Table 109 China: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 110 China: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 111 China: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 112 China: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 113 China: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 114 China: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.4.2 Japan
10.4.2.1 Large Geriatric Population and Well-Developed Healthcare System are Key Growth Drivers
Table 115 Japan: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 116 Japan: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 117 Japan: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 118 Japan: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 119 Japan: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 120 Japan: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.4.3 India
10.4.3.1 Government Initiatives and Expansion in Healthcare Infrastructure Will Drive Demand for Waste Management
Table 121 India: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 122 India: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 123 India: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 124 India: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 125 India: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 126 India: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.4.4 Rest of Asia-Pacific
Table 127 Rest of Asia-Pacific: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 128 Rest of Asia-Pacific: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 129 Rest of Asia-Pacific: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 130 Rest of Asia-Pacific: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 131 Rest of Asia-Pacific: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 132 Rest of Asia-Pacific: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.5 Latin America
10.5.1 Efforts to Implement Universal Health Coverage to Drive Healthcare Market
Table 133 Latin America: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 134 Latin America: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 135 Latin America: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 136 Latin America: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 137 Latin America: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 138 Latin America: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
10.6 Middle East & Africa
10.6.1 Improving Healthcare Infrastructure to Support Market Growth
Table 139 Middle East & Africa: Medical Waste Management Market, by Service, 2020-2027 (USD Million)
Table 140 Middle East & Africa: Medical Waste Management Market for Treatment and Disposal Services, by Type, 2020-2027 (USD Million)
Table 141 Middle East & Africa: Medical Waste Management Market, by Type of Waste, 2020-2027 (USD Million)
Table 142 Middle East & Africa: Hazardous Medical Waste Management Market, by Type, 2020-2027 (USD Million)
Table 143 Middle East & Africa: Medical Waste Management Market, by Treatment Site, 2020-2027 (USD Million)
Table 144 Middle East & Africa: Medical Waste Management Market, by Waste Generator, 2020-2027 (USD Million)
12. Company Profiles
12.1 Key Players
(Business Overview, Products/Services/Solutions Offered, Analyst's View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
12.1.1 Republic Services, Inc.
Table 153 Republic Services, Inc.: Business Overview
Figure 34 Republic Services, Inc.: Company Snapshot (2021)
12.1.2 Veolia Environnement S.A.
Table 154 Veolia Environnement S.A.: Business Overview
Figure 35 Veolia Environnement S.A.: Company Snapshot (2021)
12.1.3 Waste Management, Inc.
Table 155 Waste Management, Inc.: Business Overview
Figure 36 Waste Management, Inc.: Company Snapshot (2021)
12.1.4 Clean Harbors, Inc.
Table 156 Clean Harbors, Inc.: Business Overview
Figure 37 Clean Harbors, Inc.: Company Snapshot (2021)
12.1.5 Stericycle, Inc.
Table 157 Stericycle, Inc.: Business Overview
Figure 38 Stericycle, Inc.: Company Snapshot (2021)
12.1.6 Sharps Compliance, Inc.
Table 158 Sharps Compliance, Inc.: Business Overview
Figure 39 Sharps Compliance, Inc.: Company Snapshot (2021)
12.1.7 Remondis Se & Co. Kg
Table 159 Remondis Se & Co. Kg.: Business Overview
12.1.8 Biomedical Waste Solutions, LLC
Table 160 Biomedical Waste Solutions, LLC: Business Overview
12.1.9 Daniels Sharpsmart Inc.
Table 161 Daniels Sharpsmart, Inc.: Business Overview
12.1.10 Ecomed Services
Table 162 Ecomed Services: Business Overview
12.1.11 Grp & Associates, Inc.
Table 163 Grp & Associates, Inc.: Business Overview
12.1.12 Bws Incorporated
Table 164 Bws Incorporated: Business Overview
12.1.13 Medpro Disposal, LLC
Table 165 Medpro Disposal, LLC: Business Overview
12.1.14 Gic Medical Disposal
Table 166 Gic Medical Disposal: Business Overview
*Business Overview, Products/Services/Solutions Offered, Analyst's View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments Might Not be Captured in Case of Unlisted Companies.
12.2 Other Players
12.2.1 Gamma Waste Services
Table 167 Gamma Waste Services: Company Overview
12.2.2 Triumvirate Environmental
Table 168 Triumvirate Environmental: Company Overview
12.2.3 Epco
Table 169 Epco: Company Overview
12.2.4 All Medical Waste Australia Pty Ltd.
Table 170 All Medical Waste Australia Pty Ltd.: Company Overview
12.2.5 Casella Waste Systems, Inc.
Table 171 Casella Waste Systems, Inc.: Company Overview
12.2.6 Pro-Disposal Inc.
Table 172 Pro-Disposal, Inc.: Company Overview
12.2.7 Sso Medical Waste Management
Table 173 Sso Medical Waste Management: Company Overview
12.2.8 Safeguard Waste Solutions
Table 174 Safeguard Waste Solutions: Company Overview
12.2.9 Medwaste Industries, Inc.
Table 175 Medwaste Industries, Inc.: Company Overview
12.2.10 Dulsco
Table 176 Dulsco: Company Overview