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Medical Waste Management Market by Type of Waste (Non-Hazardous, Infectious, Sharps, Pharmaceuticals), Service (Treatment, Disposal, Recycling), Treatment Type (Incineration, Autoclaving), Treatment Site (Offsite, Onsite) Global Forecast to 2020 The global medical waste management market is driven by several factors such as increasing initiatives by regulatory authorities for improving medical waste management services, rising aging population, increasing number of conferences and symposia, and the generation of large amounts of medical waste. The outsourcing of medical waste management services and technological advancements has opened an array of opportunities for market growth. However, the need for high capital investment is expected to restrain market growth.

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Major Growth Restraints: • Requirement of High Capital Investments Opportunities: • Outsourcing of Medical Waste Management Services • Technological Advancements Challenges • Limited Financial Resources and Lack of Stringent Regulations in Developing Countries


-:Global Industry Segmentation:Based on type of waste, the medical waste management market is segmented into non-hazardous and hazardous waste. Hazardous waste segment is further categorized into infectious and pathological waste, sharps, pharmaceuticals, and other medical wastes. The non-hazardous waste segment is expected to account for the largest share of the market in 2015.

You Can Also Talk to Our Research Experts for more Detailed Information The medical waste management market, by services, is segmented into collection, transportation, and storage, treatment and disposal, recycling, and other services. Among various services, the treatment and disposal segment is expected to account for the largest share of the market and expected to grow at the highest CAGR from 2015 to 2020. The high growth in this segment can be attributed to the increasing number of initiatives taken by government and non-government organizations for the appropriate disposal of medical waste.

The medical waste management market, by treatment type, is segmented into incineration, autoclaving, chemical treatment, and other treatments. The incineration treatment segment is poised to be the fastest-growing segment during the forecast period. The medical waste management market, by treatment site, is segmented into offsite and onsite treatment. The offsite segment is expected to account for the largest share of the market and expected to grow at the highest CAGR from 2015 to 2020.

Based on geography, the global medical waste management market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is expected to account for the largest share of the market during the forecast period. Its growth is driven by its stringent regulations for medical waste management, rising aging population, and the generation of large amount of medical waste.


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The standard of quality of the medical waste management has improved due to cut-throat competition and branding strategies of major players. The competition also leads to several R&D activities from top manufacturers. These developments contribute towards the improvement of the infrastructural landscape of the industry. Numerous smaller players are also penetrating the industry with a new and innovative product line. This helps cater to the diversified demands of customers.

The pharmaceutical & healthcare industry is the chief medical waste generator. Steady growth in the healthcare industry boosted medical waste generation universally. This directly helps the medical waste management market expand and grow in terms of handling services, waste treatment, etc.

There are several small medical waste management service providers in the Americas, Europe, and in the Asia-Pacific region. The market is controlled by a few important players who always tend to buy and implement the best technologies and services. Veolia Environment, Clean Harbors, Waste Management Inc., Republic Services Inc., Suez Environnement, and Stericycle Inc. are the top players of the industry, that collectively hold about 69% of the market share.

This market is by and large fragmented, where a large number of small players collectively hold a majority of the market share. There are lots of medical waste management service providers in the Asia-Pacific region. This is due to meagerly-priced raw material and manpower.

A respectable number of partnerships and alliances can be seen over the studied period. Most of the alliances have been formed in order to provide waste management services (processing, recycling, and removal of waste) to customers.

A few alliances also deal with equipment purchases of the user. Some of the key companies involved in collaborations are Medasend Biomedical Inc., MedClean Technologies, Veolia Environmental Services, and Waste Management Inc.

Medical Waste Management Market - New Research Report by MarketsandMarkets  

The global medical waste management market is expected to reach USD 13.3 Billion by 2020 from USD 10.3 Billion in 2015 at a CAGR of 5.2%. On...

Medical Waste Management Market - New Research Report by MarketsandMarkets  

The global medical waste management market is expected to reach USD 13.3 Billion by 2020 from USD 10.3 Billion in 2015 at a CAGR of 5.2%. On...

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