Medical waste management market

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Medical Waste Management Market To Reach USD
17.89 Billion by 2026
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Market Size USD 11.77 Billion in 2018, Market
Growth - CAGR of 5.3, Market Trends
Outsourcing of medical waste management services
and growing health care industry
Market Summary
According to the current analysis of Reports and
Data, the global Medical waste management
market was valued at USD 11.77 billion in 2018
and is expected to reach USD 17.89 billion by the
year 2026, at a CAGR of 5.3. The study talks
about the growing population across the globe,
which in turn increases the number of patients,
resulting in the rising volume of medical waste.

• Further key findings from the report suggest
• Across the world, out of the total amount of
  waste generated by health-care activities, about
  85 is general waste and remaining 15 is
  considered hazardous material that may be
  infectious, toxic or radioactive.
• Infectious and anatomic wastes together represent
  the majority of the hazardous waste, up to 15 of
  the total waste from health-care activities.
  Sharps represent about 1 , Chemicals and
  pharmaceuticals account for about 3 of waste
  from health-care activities while gene toxic
  waste, radioactive matter and heavy metal content
  account for around 1 of the total health-care
  waste
• According to a research article in Indian Journal
  of Pharmacy Practice, drug wastage accounted for
  2.0 to 3.0 of all drug costs, representing more
  than USD 1.0 Billion in drug wastage in the U.S.

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Market Summary
Key Players
Biomedical Waste solutions, Clean Harbors,
Daniels Sharpsmart Inc., Stericycle, Waste
Management Inc., Remondis Group
Segmentation

• Waste Type (Revenue, USD Million 20182026)
• Sharps
• Pathological Waste
• Pharmaceuticals Waste
• Chemical Waste
• Infectious Waste
• Gene Toxic Waste
• Others

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Market Summary
Regional Outlook for Medical Waste Management
Market analyses the following geographies North
America (United States, Canada, and
Mexico) Europe (Germany, France, UK, Russia, and
Italy) Asia-Pacific (China, Japan, Korea, India,
and Southeast Asia) South America (Brazil,
Argentina, Colombia, etc.) Middle East and
Africa (Saudi Arabia, UAE, Egypt, Nigeria, and
South Africa)
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The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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