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Medical Waste Management Market – By Type of Waste, By Service, By Waste Generator – Global Forecast, 2025 to 2034
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Medical Waste Management Market
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Premium Report Details
Base Year: 2024
Companies covered: 15
Tables & Figures: 105
Countries covered: 17
Pages: 135
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Medical Waste Management Market Size
The global medical waste management market size was valued at around USD 15.7 billion in 2024 and is estimated to grow at 7.4% CAGR from 2025 to 2034. Medical waste management refers to the activities and methods used to manage waste produced by health care structures, ranging from hospitals, clinics, laboratories, even research facilities. This category of waste includes material which can be hazardous to the health of individuals and the environment.
The demand for healthcare infrastructure such as hospitals, clinics, research facilities, and even laboratories is leading to an increasing amount of medical waste. The World Health Organization (WHO) states that high-income countries produce approximately 0.5 kilograms of waste per bed per day, compared to the low-income nations receiving an average of 0.2 kilograms per day. The amount of waste produced is continually increasing, creating a subsequent need for effective waste management solutions.
Furthermore, the lack of proper disposal of medical waste leads to the spread of infectious diseases and pollution. These issues have raised concern from healthcare providers and the governing bodies. The proper and effective treatment of healthcare waste ensures that drug resistant microorganisms are not spread to other areas, highlighting the need for proper waste management solutions. Thus, such issues have highlighted the demand for proper education and training on waste handling and disposal in healthcare facilities.
Moreover, there is an increase in the adoption of strong waste management systems due to the stringent government and international health regulations regarding the treatment, handling, and disposal of medical waste. For instance, the U.S. Environmental Protection Agency (EPA), which carries out the Medical Waste Tracking Act; focus on establishing medical waste management. Such regulatory measures will increase the demand for specialist waste management services and equipment as well as emphasize the need for new waste treatment technologies which would comply with the regulations.
Medical Waste Management Market Trends
Medical Waste Management Market Analysis
Based on type of waste, the market is bifurcated into hazardous and non-hazardous. The non-hazardous segment dominated the market with the largest revenue share of 76.7% in 2024.
Based on service, the medical waste management market is segmented into collection, transportation and storage services, treatment and disposable services, recycling services, and other services. The treatment and disposable services segment are further sub-segmented into incineration, autoclaving, microwaving, and other treatment and disposable services. The recycling services segment dominated the market with the largest revenue of USD 5 billion in 2024.
Based on waste generator, the medical waste management market is segmented into hospitals, laboratories and research centres, nursing homes, and other waste generators. The laboratories and research centres segment dominated the market with the largest revenue of USD 5.7 billion in 2024.
The U.S. medical waste management market is projected to grow significantly, reaching USD 11.1 billion by 2034.
The medical waste management market in UK is expected to experience significant and promising growth from 2025 to 2034.
Japan medical waste management market is anticipated to witness lucrative growth between 2025 to 2034.
The medical waste management market in Saudi Arabia is expected to experience significant and promising growth from 2025 to 2034.
Medical Waste Management Market Share
The competition in the market comes from both large companies that operate on an international scale and many small to mid-sized firms operating in various countries. So, one of the focus areas of market players is spending money on the creation of efficient medical waste management technologies like steam sterilizers, microwave systems, and plasma pyrolytic systems.
Collaboration with research and education centers as well as with medical institutions is extremely important for modernization and distribution so that companies can respond to the increasing need for inexpensive and simple methods for making medical diagnoses. Much more needs to be done to encourage innovation and facilitate entry into this market so that these companies can strengthen their positions in the emerging markets for medical waste management.
Medical Waste Management Market Companies
Some of the eminent market participants operating in the medical waste management industry include:
USPs for the top market players:
The medical waste management market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million from 2021 – 2034 for the following segments:
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Market, By Type of Waste
Market, By Service
Market, By Waste Generator
The above information is provided for the following regions and countries: