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Medical Waste Management Market to Reach $16.2 billion with 5.9% CAGR Forecast to 2022

Medical Waste Management -Market Demand, Growth, Opportunities and analysis of Top Key Player Forecast to 2021

PUNE, MAHARASHTRA, INDIA, November 18, 2016 /EINPresswire.com/ -- Medical Waste Management Industry

Description

According to Stratistics MRC, the Global Medical Waste Management Market is valued at $10.78 billion in 2015 and is expected to grow at a CAGR of 5.9% to reach $16.2 billion by 2022. Huge quantity of waste generated by healthcare is one of the key factors driving the market growth. Rapidly growing healthcare industry will provide lucrative market opportunities for the service providers in the market as there will be increasing need for medical waste management. On the other hand, huge capital costs are anticipated to hamper the market during the forecast period.

Collection segment commanded the market with the largest share in terms of revenue. However, processing segment is anticipated to grow at a highest CAGR during the forecast period. Furthermore, market is currently being fueled by growing business from small quantity generators (SQGs). North America and Europe are the major markets due to the plenty of regulations and government policies in these regions. Asia-Pacific is expected to grow at a faster pace owing to the plenty of opportunities in the countries like Japan, Australia and New Zealand.

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Some of the key players in global Medical Waste Management market are

Bertin Technologies - Laboratory Equipment, Biomedical Waste Services, Biopro LLC, Bio-safety incineration ltd, Bondtech Medical Waste Containers, Converge Medical Solutions, LLC, Dutch Medical Waste Systems B.V., Mazaya Waste Management LLC., Medasend Biomedical, Inc., Newster srl - Medical waste sterilizers, OZONATOR Industries Limited, P. Henkel GmbH, Pacific Medical Specialties, LLC, Stericycle, Inc., Trinova Medical Waste Solutions, LLC, United Medical Waste Management and Waste By Rail, Inc.

Activity Covered:
• Disposal
• Treatment
• Recycling
• Collection
• Transportation
• Storage
• Other Activities

Type of Wastes Covered:
• Sharps
• Infectious Waste
• Pharmaceutical Waste
• Genotoxic Waste
• Chemical Waste
• Pathological Waste
• Biomedical
• Cytotoxic
• Radioactive
• Other Medical Waste
Treatment Technology Covered:
• Autoclaving
• Chemical
o Non-Chlorine Based System
o Chlorine Based System
o Others
• Incineration
• Non-Incineration Processes
• Thermal
o Low-Heat Thermal Technologies
o Medium- and High-Heat Thermal Technologies
• Irradiative
• Mechanical
• Biological

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Waste Generators Covered:
• Small Quantity Generators
• Large Quantity Generators

Treatment Site Covered:
• Onsite Treatment
• Offsite Treatment

Delivery Modes Covered:
• Cloud based
• On-premise
• Web based

End Users Covered:
• Pharmaceuticals
• Clinical Research Organizations
• Healthcare providers

Components Covered:
• Software
• Hardware
• Services

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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