Medical Waste Management is a vital part of the medical community. Hospitals, clinics, nursing homes, clinics, and laboratories all dispose of their medical waste through a designated organization. In the past, these organizations simply threw away the unwanted medical waste at the end of each day. However, changes in laws and environmental awareness have made these organizations act differently. Today, these waste management organizations are required to remover medical waste on an ongoing basis and they have developed waste disposal methods that can be easily maintained. They also perform regular monitoring to ensure that they are meeting the requirements of their legislation and are environmentally sound.
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Market: Drivers
High prevalence of infectious diseases is expected to propel growth of the global medical waste management market over the forecast period. For instance, according to Joint United Nations Program on HIV/AIDS, 37.9 million people globally were living with HIV at the end of 2018.
Increasing prevalence of tuberculosis is also expected to aid in growth of the global medical waste management market over the forecast period. For instance, according to the World Health Organization, in 2018, India reported around 2.69 million cases of tuberculosis.
Market: Opportunities
Emergence of Covid-19 is expected to increase medical waste, thereby offering lucrative growth opportunities for players in the global medical waste management market. For instance, in the U.S., from 3 January 2020 to 10:31am CEST, 27 September 2021, there have been 42,568,842 confirmed cases of COVID-19 with 681,502 deaths, reported to WHO. As of 16 September 2021, a total of 388,936,652 vaccine doses have been administered.
Moreover, government initiatives to boost proper medical waste management and stringent rules imposed for proper disposal of medical waste are also expected to aid in growth of the market.
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Competitive Landscape
Major players operating in the global medical waste management market include, Clean Harbors, Daniels Sharpsmart, Inc., MedWaste Management, Sharps Compliance, Inc., Stericycle, Veolia Environment, and Republic Services.
Reasons to Purchase this Report
• Current and future of global medical waste management market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Table of Content
Global medical waste management Market Research Report
Section 1: Global medical waste management Industry Overview
Section 2: Global Economic Impact on medical waste management Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: medical waste management Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy, and Downstream Buyers
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