Thursday, July 5, 2018

Medical Waste Management Market Trends in 2018 —What industry insiders tell Us about the future forecast 2023


Medical Waste Management Market 
Medical waste refers to the waste originated within medical amenities such as hospitals, clinics, veterinary hospitals/clinics, dental practices, physician's offices, laboratories, blood banks and research and development centers (R&D) related to healthcare.

The medical waste management program is critical for the public health, environment, and sanitation. Unlike municipal waste treatment the medical waste management involves various stages of waste management, such as accumulation, generation, storage, handling, treatment, transport, and disposal.


Based on the different business sector the global medical waste management market can be bifurcated as:
·         Hospital Waste Management
o    Anatomical Waste Management
o    Regular Medical Waste Management
·         Pharmaceutical Waste Management
o    Clinical Trial Waste Management
o    Manufacturing Waste Management

On the basis of various services under medical waste treatment the global medical waste treatment market can be classified as:
·         Collection, Transportation, and Storage
·         Waste Treatment
·         Disposal/Recycling

On the basis of waste treatment technology the global medical waste treatment market can be segmented as:
·         Mechanical
·         Chemical
·         Thermal
·         Others

On the basis of waste generator the global medical waste treatment market can be further segmented as:
·         Large Quantity Generator
·         Small Quantity Generator

On the bases of various type of waste the global waste treatment market can be further segmented as:
·         Biomedical waste management
·         Cytotoxic waste management
·         Radioactive waste management
·         Others waste management


Europe and North America are the major market for medical waste treatment attributed to the stringent environmental and patient’s safety regulations in the region. Asia Pacific market for the medical waste treatment is growing at a significant rate. The strengthening healthcare infrastructure and increasing expenditure of Hospitals towards the waste management is driving the medical waste treatment market in Asia Pacific. 


Some of the major players operating in global medical waste management market include, Clean Harbors, Inc., Hawaii Bio-Waste Systems Inc. (HBW), Healthcare Environmental Services Group, Medclean Technologies Inc., Medasend Biomedical Inc., Miller Group, Republic Services Inc., Suez Environnement, Waste Management Inc., Aipura LIC, Stericycle Inc. and Gamma Waste Systems.

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