Medical Waste Mgmt Market will Reach 25.2 Billion by 2028

The biohazardous / medical waste management market is estimated to expand at a Compound Annual Growth Rate of approximately of 6.20 percent during the fiscal period of 2021 to 2028. The global need to provide safe medical waste disposal in order to mitigate the negative effects on our health is behind the acceleration of the medical waste management industry.

The most common treatment of biological waste in the world is incineration. However, the emission which are outputted have prompted the industry to adopt new techniques to dispose of medical waste in a more eco-friendly manner.

Biohazardous Waste Spending

COVID-19 pandemic has created more awareness about disposal of biohazardous waste in a safe manner. Companies that supply PPE’s are under a microscope to adhere to CDC rules and OSHA standards for packaging and disposal. Concerns regarding proper discarding of biohazardous materials have resulted in said materials being moved to off site treatment facilities. Medical waste pickup services have been integrated with mail-back postal systems in an effort to be more efficient and cut down on physical contact due to COVID-19.

Demand for medical waste generators is increasing at a fast rate. This is resulting in medical waste management market to come up with more customized plans to serve the needs of small and medium sized companies. In addition, the number of patients needing long-term care for at assisted living facilities has increased, and this has also helped fuel the demand for small & medium sized medical waste incinerators. This need has been greater in lower income areas with poor waste collection services.

Growth Drivers

Need for safe disposal of medical waste to prevent hazards to people fuels the medical waste management market
Role of several government agencies, non-government organizations, and community-based organizations in the collection, recycle, and disposal of medical waste stimulates the medical waste management market

Medical Waste Market Spend

Main Medical Waste Companies in the Industry

AdvoWaste Medical
Clean Harbours
US Ecology
Biomedical Waste Solutions
Sharps Compliance
BWS Incorporated
Republic Services
Waste Management WM

Types of Facilities Generating Medical Waste


Types of Used Sharps / Needles Requiring Disposal:


Biowaste Generating Companies and Pharma Locations

Mid & Small Quantity Waste Generators
Clinics & Physician Offices
Retail Pharmacy
Ambulatory Surgical Centers & Long Term Care Centers
Pathological Laboratories
Diagnostic Imaging Laboratories
Academic & Research Institutes
Blood Banks
Others (Veterinary, Mortuary and Autopsy Centers, Home Healthcare, Military & Government, Nursing Homes, Tattoo Parlor)
Medical Waste Management Market, by Service Type

Medical Waste Market

On-site Services
Off-site Services
Medical Waste Management Market, by Region

North America
Rest of Europe
Asia Pacific
Rest of Asia Pacific
Latin America
Rest of Latin America
Middle East & Africa
South Africa
GCC Countries
Rest of Middle East & Africa
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:

Pharmaceutical Waste Management Market: The global pharmaceutical waste management market is driven by increase in the geriatric population in developing economies, growth of the pharmaceutical industry, and rise in government initiatives for safe disposal of unused medications and waste generated by pharmaceutical industry and health care organizations.

Medical Waste Containers Market: The growing requirement for viable garbage removal, expanded mindfulness about garbage removal, a decrement in emergency clinic gained contaminations, and rigid unofficial laws overseeing the appropriate removal of medical waste all over the planet are totally expected to drive the Global Medical Waste Containers Market.

Biomedical Waste Management Market: The rising awareness pertaining to environmental protection as well as the rising need to dispose of the biomedical waste in safe and eco-friendly manner is driving the demand within the global biomedical waste management market.