This comprehensive US Medical Waste Management Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.
According to recent market analysis report, the US Medical Waste Management Market which was USD 2.11 billion in 2024, expected to grow at a CAGR of 4.55% during the forecast period of 2024 to 2030.
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Driving Force Behind the Growth of the US Medical Waste Management Market through 2030
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.
Market Segment Highlights:
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
Out of them all, the Treatment & Disposal Services segment held a significant market share in the US Medical Waste Management Market in 2024. The market growth owes to the execution of various surgical procedures due to factors such as the growing occurrence of road traffic accidents, oncological and cardiovascular disorders, etc. The surgical procedures required in these instances result in the generation of a large amount of medical waste. Further, there has been a large number of pet owners in the country who tend to get their pets vaccinated and treated at veterinary clinics, giving rise to medical waste such as needles and syringes, scalpels, glass objects, etc. Thereby, the demand for Treatment & Disposal Services has been witnessing a boost.
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
US Medical Waste Management Market Regional Outlook:
- North-East
- Mid-West
- West
- South
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US Medical Waste Management Market Competition Analysis:
Some of the top US Medical Waste Management companies operating in the market are 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., and others.
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