Medical waste management market accounted for over US$ 6.6 billion in 2019. The market is anticipated to grow at a CAGR of 5.3% from 2020 to 2030.
This market growth can be attributed to several factors, which have led to its wide-scale adoption. The growing incidents of infectious diseases coupled with an increasing volume of healthcare waste and the implementation of various regulations for the management of medical waste are anticipated to further contribute to this substantial growth between 2020 and 2030. However, the lack of training for proper disposal is likely to restrain market growth to a certain extent.
Major Key Players of the Medical Waste Management Market are:
Stericycle, Veolia, SUEZ, WM Intellectual Property Holdings, L.L.C., CLEAN HARBORS, INC., REMONDIS SE & Co. KG, Bio Medical Waste Solutions, LLC., Daniels Health, Republic Services, Inc., and EcoMed, among others.
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