Medical Waste Management Market To Reach USD 19.5 Billion By 2027 | Cagr 5.3% — Forencis Research

  • According to the new market research report Medical Waste Management Market by Form of Waste (Pathological Waste, Pharmaceutical Waste), by Waste Source (Medical Institutes, Dental Clinics), by Service (Collection & Segregation, Storage & Transportation), by Region (North America, Asia Pacific, Europe, Middle East and Africa, South America) — Global Forecast (2019 to 2027)”, the global Medical Waste Management market is projected to reach a value of over USD 19.5 billion, registering a CAGR of 5.3% within the forecast period
  • Medical waste or healthcare waste can be referred to as any kind of the discarded material, which was previously used in the healthcare facility for diagnosis, treatment, research or any medical procedure
  • Medical waste management deals with appropriate and safe disposable of the otherwise hazardous medical waste
  • It involves procedures such as collection, handling, disinfection/sterilization, and disposal of the waste for minimizing the risk of infection
  • Growing prevalence of infectious disease leading to severe illness or even death in critical condition is driving the market growth
  • Some of the other factors such as rise in surgical procedures, hazards of medical waste, along with strict mandates on appropriate medical waste disposal and management, propels the market growth
  • High initial set up cost for both on-site as well as off-site medical waste management plant impacts the market growth negatively
  • Adoption of advanced waste management technologies with the advent of IoT in waste management creates a window for market growth
  • Low awareness along with lack of training acts as a challenge for the market growth
  • North America
  • Asia-Pacific
  • Stericycle:
  • Waste Management Inc.:



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