The global medical waste management market size reached USD 9.16 Billion in 2021 and is expected to register a revenue CAGR of 5.2% during the forecast period, according to the latest analysis by Emergen Research. Increase in the volume of medical waste is driving market revenue growth. The World Health Organization (WHO) estimates that 85% of waste created in the healthcare industry is general and non-hazardous waste. The remaining 15% consists of hazardous waste, which may be infectious, radioactive, or chemically toxic to the environment. The pharmaceutical sector is rapidly developing revolutionary production procedures for pharmaceuticals and medical equipment. Furthermore, the market's expansion is mirrored in the efficient supply of stocks necessary for the day-to-day operations of hospitals, clinics, and diagnostic centers. As a result, more garbage is generated.
The report highlights the current impact of COVID-19 on the Medical Waste Management market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Medical Waste Management according to the impact of COVID-19.
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The leading market contenders listed in the report are:
Remondis Se & Co. KG, BioMedical Waste Solutions, LLC, Republic Services, Inc., Clean Harbors, Inc., Daniels Sharpsmart Inc., Stericycle, Inc., WM Intellectual Property Holdings, LLC, Suez Group, BWS Incorporated, and Gamma Waste Services
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Market Segmentations of the Medical Waste Management Market
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Regional Outlook of the Medical Waste Management Market
The global Medical Waste Management market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Medical Waste Management market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
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