According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on US Medical Waste Management Market - Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
US Medical Waste Management Market Analysis and Size
The US Medical Waste Management Market size is estimated to grow at a CAGR of around 4.55% during the forecast period, i.e., 2024-30. The US medical waste management market size is estimated to be around USD 2.11 billion in 2024.
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Some of the major players operating in the US Medical Waste Management Market are Stericycle, Biomedical Waste Solutions (BWS), MedPro Waste Disposal, Sharps Medical Waste Services, Triumvirate Environmental, Eco Medical Waste Solutions, Ingenium Group, LLC, Daniels Health, Allied USA, BioServ, Inc., and others.
US Medical Waste Management Market Growth Driver:
Increasing Establishment of Healthcare Facilities – There has been substantial growth in the establishment of specialized medical facilities in the US driven by factors like population demographics, rising income, better health awareness, and increasing lifestyle diseases. These facilities visited by patients for diagnostic and treatment purposes generate a huge amount of medical waste. Also, the government of the US announced its plans to set up more than 40 large-scale hospitals across the country by 2030. Moreover, the private players are anticipated to build more than 85 hospitals during the same time with that, the demand for medical waste management services has been increasing in the country to properly handle, manage, and dispose of the generated medical waste.
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Market Segment and Geographical Analysis
By Service
- Collection- Market Size & Forecast 2019-2030, USD Million
- Transportation & Storage Services- Market Size & Forecast 2019-2030, USD Million
- Treatment & Disposal Services- Market Size & Forecast 2019-2030, USD Million
- Incineration- Market Size & Forecast 2019-2030, USD Million
- Autoclaving- Market Size & Forecast 2019-2030, USD Million
- Chemical Treatment- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
- Recycling Services- Market Size & Forecast 2019-2030, USD Million
By Type of Waste
- Non Hazardous Waste- Market Size & Forecast 2019-2030, USD Million
- Hazardous Waste- Market Size & Forecast 2019-2030, USD Million
- Infectious & Pathological Waste- Market Size & Forecast 2019-2030, USD Million
- Sharps Waste- Market Size & Forecast 2019-2030, USD Million
- Pharmaceutical Waste- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
By Treatment Site
- Offsite Treatment- Market Size & Forecast 2019-2030, USD Million
- Onsite Treatment- Market Size & Forecast 2019-2030, USD Million
By Waste Generator
- Hospitals- Market Size & Forecast 2019-2030, USD Million
- Diagnostics Laboratories- Market Size & Forecast 2019-2030, USD Million
- Blood Banks- Market Size & Forecast 2019-2030, USD Million
- Dental Clinics- Market Size & Forecast 2019-2030, USD Million
- Others (Nursing Homes, Veterinary Facilities, etc.)- Market Size & Forecast 2019-2030, USD Million
By Region
- North-East
- Mid-West
- West
- South
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