Healtcare Medical Waste Management Market | Page 2

Proper medical waste management in developed and emerging economies is expected to fuel
growth of the medical waste management market
Government initiatives to support medical waste management is encouraging effective medical
waste management. For instance, the Union Ministry of Environment, in 2017, issued a guideline
for developing bar codes in the hospitals and clinics in compliance with Bio-medical Waste
Managements, rule 2016. This aims to monitor the source of generation of medical waste and its
proper disposal, which in turn is expected to control the hazardous effects caused by medical waste.
This initiative by the government is expected to propel growth of the medical waste management
market in the near future. Training given to the hospital staff to separate and dispose waste properly
is critical for the success of such programs or initiatives. Developed regions such as North America
and Europe are adopting proper medical waste management. For instance, many hospitals in U.S.
have started recycling the single-use products, which are sold back to the hospitals at fraction of the
original cost.
Strict rules imposed by government for proper disposal of medical waste is expected to
augment medical waste management market growth in the near future
Incineration is the most commonly used method for disposing medical waste, however, it is not a
safe procedure as it emits lots of gases, which are responsible for global warming. Environment
Protection Agency (EPA) have imposed strict rules regarding incineration due to increasing global
warming. Strict rules imposed by government bodies for proper medical waste disposal such as
recycling and emission, is increasing the demand for medical waste management. Various non-
incineration techniques are used such as autoclave treatment, non-ionization treatment, and some
chemical treatment. Government and non-government bodies are working by spreading awareness
among masses for proper technique of disposing medical waste in non-hazardous state. The key
market players operating in the global medical waste management market include Stericycle,
Sharps Compliance, Inc., Veolia Environment, Daniels Sharpsmart, Clean Harbors, Inc., MedWaste
Management, Republic Services, and Waste Management.
For More Information @ https://www.coherentmarketinsights.com/ongoing-insight/medical-
waste-management-market-987
Medical Waste Management Market Taxonomy
By Services:
•Onsite
•Collection
•Treatment
•Recycling
•Others
•Offsite
•Collecting, transportation, and storage
•Treatment
•Recycling
•Others
By Technique: