Medical Waste Management Market Forecast to 2025

Global Medical Waste Management Market will cross USD 29,644.80 million by 2025. It was valued at USD 19,690.00 million in 2017. The market is growing at a CAGR of 5.4% in the forecast period 2018 to 2025 .
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.

Segmentation: Global Medical Waste Management

  • The global medical waste management market is segmented based on type of waste into two notable segments; hazardous waste and non-hazardous waste.
  • 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.
  • The global medical waste management market is segmented based on treatment type into six notable segments; incineration, autoclaving, chemical treatment, irradiative, biological and others
  • The global medical waste management market is segmented based on treatment site into two notable segments; offsite and onsite
  • The global medical waste management market is segmented based on category into two notable segments; controlled and uncontrolled .
  • The global medical waste management market is segmented based on source of generation into five notable segments; hospitals, physician offices, clinical laboratories, manufacturers and reverse distributors. 
  • Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.

Key Drivers: Medical Waste Management

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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