US Medical Waste Management Market Growth, Share, Trends Analysis, Business Opportunities and Forecast 2030: Markntel Ad

Market Insights

As per recent research by MarkNtel Advisors, 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.

The US Medical Waste Management Market 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 Segmentation and Consumer Behavior:

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

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US Medical Waste Management Market Geographical Analysis:

By Region:

North-East
Mid-West
West
South

Key Players and Competitive Strategies in the US Medical Waste Management Market

Several prominent players dominate the US Medical Waste Management Market, including:

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.

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Questions Addressed in this Study

1.What factors are driving the US Medical Waste Management Market growth?

2.How is the US Medical Waste Management Market expected to grow over the next five years?

3.What are the key insights into the current trends in the US Medical Waste Management Market?

4.What is the current size of the US Medical Waste Management Market, and how is it projected to change in the future?

5.What is the future outlook for the US Medical Waste Management Market in terms of technological advancements and market expansion?

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.