Medical Waste Management Market Size (USD 12.83 billion by 2030) Achieves Record-breaking Growth in Meeting Healthcare Requirements
Allied Market Research published a report, titled, "Medical Waste Management Market by Service (Collection, Transportation, and Storage Services, Treatment & Disposal Services, and Recycling Services), Type of Waste (Non-hazardous Waste and Hazardous Waste), and Treatment Site (Offsite Treatment, and Onsite Treatment): Global Opportunity Analysis and Industry Forecast, 2021-2030." According to the report, the global medical waste management industry garnered USD 7.22 billion in 2020 and is expected to reach USD 12.83 billion by 2030, witnessing a CAGR of 5.8% from 2021 to 2030.The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining competitive edge in the market.
๐๐จ๐ฏ๐ข๐-๐๐ ๐๐๐๐ง๐๐ซ๐ข๐จ
โข The demand for effective medical waste management increased significantly during the Covid-19 pandemic due to surge in diagnosis and treatment of infected patients. In addition, requirement for various types of services such as treatment, disposal, and recycling increased as the amount of waste exceeded the treatment capacity.
โข According to the Central Pollution Control Board (CPCB), India created nearly 45,308 tons of biomedical waste between June 2020 and May 2021. This is due to rise in diagnosis and treatment activities of Covid-19 patients.
โข Many countries implemented advanced technologies such as steam sterilization and chemical disinfection to treat an enormous amount of medical waste. Government authorities joined hands with private companies for effective disposal and management of mounting medical waste. The need to automate the waste treatment processes rose as the number of workers reduced from facilities.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/request-sample/762
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ ๐๐๐๐ข๐๐๐ฅ ๐๐๐ฌ๐ญ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ?
Rise in volume of medical waste, surge in prevalence of chronic diseases, and increase in prevalence of chronic diseases drive the growth of the global medical waste management market. However, high cost of services restrains the market growth. On the other hand, advancements in technologies for effective treatment of medical waste present new opportunities in the coming years.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐๐๐ข๐๐๐ฅ ๐๐๐ฌ๐ญ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ
โข Biomedical Waste Solutions, LLC
โข Clean Harbors, Inc.
โข Daniels Health Inc.
โข EcoMed Services
โข Remondis Medison (A Subsidiary of Remondis Ag & Co.Kg)
โข Republic Services, Inc.
โข Stericycle, Inc.
โข Suez Environmental Services
โข Veolia Environmental Services
โข Waste Management, Inc.
๐๐๐๐ข๐๐๐ฅ ๐๐๐ฌ๐ญ๐ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ง ๐๐ ๐๐จ๐ง๐ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ฌ๐๐ฏ๐๐ซ๐๐ฅ ๐๐๐๐ญ๐จ๐ซ๐ฌ, ๐ข๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ :
Based on type of waste, the non-hazardous waste segment accounted for the highest share in 2020, contributing to around four-fifths of the global medical waste management market, and is estimated to maintain its lead position throughout the forecast period. Moreover, this segment is projected to garner the highest CAGR of 5.9% from 2021 to 2030. This is due to increase in number of hospitals & clinics and rise in demand for healthcare products for treatment of diseases. The report also analyzes the hazardous waste segment.
Based on treatment site, the offsite treatment segment contributed to the highest share in 2020, holding nearly three-fifths of the global medical waste management market, and is expected to continue its dominant share during the forecast period. Moreover, this segment is projected to portray the largest CAGR of 6.2% from 2021 to 2030. This is attributed to rise in volume of biomedical waste and emerging key players for effective medical waste management. The research also discusses the onsite treatment segment.
Based on region, North America held the highest market share in 2020, accounting for more than one-third of the global medical waste management market. This is due to increase in prevalence of chronic diseases, presence of leading market players, surge in environmental awareness regarding waste management, and rise in volume of medical waste in the region. However, Asia-Pacific is estimated to manifest the fastest CAGR of 7.1% during the forecast period, owing to rise in prevalence of chronic diseases, surge in demand for healthcare product and services, and increase in number of hospital and clinics.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/762
Our Market Research Solution Provides You Answer to Below Mentioned Question:
โข Which are the driving factors responsible for the growth of market?
โข Which are the roadblock factors of this market?
โข What are the new opportunities, by which market will grow in coming years?
โข What are the trends of this market?
โข Which are main factors responsible for new product launch?
โข How big is the global & regional market in terms of revenue, sales and production?
โข How far will the market grow in forecast period in terms of revenue, sales and production?
โข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โข Which region has more opportunities?
By Region Outlook
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Contact Details:
David Correa
USA/Canada (Toll-Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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 Medical Waste Management Market Size (USD 12.83 billion by 2030) Achieves Record-breaking Growth in Meeting Healthcare Requirements here
News-ID: 3313396 • Views: โฆ
More Releases from Allied Market Research (AMR)
Japan wired charging market to grow from $0.8 billion in 2020 to $1.2 billion by โฆ
The Japan wired charging market size was valued at $0.8 billion in 2020, and is projected to reach $1.2 billion by 2030, growing at a CAGR of 3.8% from 2021 to 2030.
Wired charging plays an important role in the daily lives of human beings, as everyone is surrounded by chargeable gadgets. Rise in demand for mobile & laptops in this decade led to increase in demand for wired chargers, whichโฆ
Surge Protector Market to grow from $3.9 billion in 2020 to $6.8 billion by 2030 โฆ
The Global Surge Protector Market size was valued at $3.9 billion in 2020 and is anticipated to generate $6.8 billion by 2030. The market is projected to experience growth at a CAGR of 5.4% from 2021 to 2030.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.alliedmarketresearch.com/request-sample/A14994
Power surge protector is designed to protect electrical appliances from voltage spikes. These protectors limit voltage supplied to an electric device by either blocking or shorting any unwantedโฆ
Mobile Battery Market to Reach $38.6 Billion by 2030 with 6.3% CAGR By Top Key P โฆ
The mobile battery market size was valued at $21.2 billion in 2020, and is projected to reach $38.6 billion by 2030, growing at a CAGR of 6.3% from 2021 to 2030. Mobile batteries are the batteries used to provide electric power to mobile phones for their operations.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.alliedmarketresearch.com/request-sample/A15475
Mobile phones or smartphones have become the most integral part of everyday life. Mobile phones are notโฆ
Yeast Flakes Market Surges: Global Revenue Expected to Reach $1.45 Billion by 20 โฆ
According to a new report published by Allied Market Research, titled, "Yeast Flakes Market by Form and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030,"
๐๐๐ญ ๐
๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ : https://www.alliedmarketresearch.com/request-sample/16262
๐๐ฑ๐๐ข๐ญ๐ข๐ง๐ ๐๐๐๐๐ซ ๐๐ฅ๐๐ซ๐ญ! ๐ ๐๐๐ญ ๐ ๐๐๐ฌ๐ฌ๐ข๐ฏ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐๐จ๐ฎ๐ซ ๐๐๐ฑ๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐! ๐๐ฎ๐ฒ ๐ง๐จ๐ฐ ๐๐ง๐ ๐ญ๐๐ค๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฅ๐ข๐ฆ๐ข๐ญ๐๐-๐ญ๐ข๐ฆ๐ ๐จ๐๐๐๐ซ. ๐๏ธ
The global yeast flakes market size was valued at $610.2 million in 2020, and is projectedโฆ
More Releases for Waste
Global Solid Waste Management Market By Waste Type: Industrial Waste, Municipal โฆ
According to the latest research by SkyQuest Technology, the Global Solid Waste Management Market was valued at USD 285.16 Billion in 2021, and it is expected to reach USD 392.14 Billion by 2028, with a CAGR of 3.3% during the forecast period of 2022 -2028. The research provides up-to-date Solid Waste Management market analysis of the current market landscape, latest trends, drivers, and overall market environment.
Unwanted solid material produced asโฆ
Pharmaceutical Waste Management Market Is Thriving Worldwide | Waste Management, โฆ
A new market study is released on Global Pharmaceutical Waste Management Market with data Tables for historical and forecast years represented with Chats & Graphs spread through 101 Pages with easy to understand detailed analysis. The study highlights detailed assessment of the Market and display market sizing trend by revenue & volume (if applicable), current growth factors, expert opinions, facts, and industry validated market development data. The research study providesโฆ
Hazardous Waste Management Market 2020-2025 | nfectious and Pathological Waste S โฆ
The Global Hazardous Waste Management Market has witnessed continuous growth in the last few years and is projected to grow even further during the forecast period of 2020-2025. The exploration provides a 360 view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players inโฆ
Global Waste Paper Recycling Market Forecast 2019-2026 Miami Waste Paper, Dixie โฆ
Market study on Global Waste Paper Recycling 2019 Research Report presents a professional and complete analysis of Global Waste Paper Recycling Market on the current market situation.
Report provides a general overview of the Waste Paper Recycling industry 2019 including definitions, classifications, Waste Paper Recycling market analysis, a wide range of applications and Waste Paper Recycling industry chain structure. The 2019's report on Waste Paper Recycling industry offers the globalโฆ
E-Waste Market In India- -Waste Management Flowchart And E-Waste Recycling Proce โฆ
Big Market Researchs latest market research report titled E-Waste Market in India 2014 describes the dynamics of e-waste recycling in India. E-waste is generated when electronic products reach the end of their lifecycle or utility to the consumer, and needs to be properly recycled to minimize environmental risks.
Get Sample Report : http://bit.ly/2Jc9Vyz
Televisions, personal computers and refrigerators are the largest contributors to e-waste generation in India. Large volume of e-wasteโฆ
Industrial Waste Management Market: Waste Management, Republic Services, Clean H โฆ
MarketResearchReports.Biz has recently announced the Latest industry research report on: "Global Industrial Waste Management Market" : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts.
This report presents the worldwide Industrial Waste Management market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, marketโฆ