US Medical Waste Management Market to Grow at 4.55% CAGR by 2030

Overview of the US Medical Waste Management Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “US Medical Waste Management Market By Service (Collection, Transportation Storage Services, Treatment Disposal Services, (Incineration, Autoclaving, Chemical Treatment, Others), Recycling Services)), By Type of Waste (Non Hazardous Waste, Hazardous Waste), (Infectious Pathological Waste, Sharps Waste, Pharmaceutical Waste, Others)), By Treatment Site (Offsite Treatment, Onsite Treatment), By Waste Generator (Hospitals, Diagnostics Laboratories, Blood Banks, Dental Clinics, Others (Nursing Homes, Veterinary Facilities, etc.))), and Others, The US Medical Waste Management Market size is estimated to grow at a CAGR of around 4.55% during the forecast period, i.e., 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

US Medical Waste Management Market Growth and Scope:

Base Year: 2023

Forecast Period: 2024-30

Historical Data: 2019-22

CAGR (2024-2030): 4.55%

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The US Medical Waste Management Market Driver:

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.

A Comprehensive Analysis of Leading Companies of US Medical Waste Management Market by MarkNtel Advisors:

Stericycle
Biomedical Waste Solutions (BWS)
MedPro Waste Disposal
Sharps Medical Waste Services
Triumvirate Environmental
Eco Medical Waste Solutions
Ingenium Group, LLC
BioServ, Inc.
Others

Key US Medical Waste Management Market Segmentation:

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/us-medical-waste-management-market.html

-By Service

Collection
Transportation Storage Services
Treatment Disposal Services

Out of them all, the Treatment Disposal Services segment held a significant market share in the US Medical Waste Management Market in 2024.

-By Treatment Site

Offsite Treatment
Onsite Treatment

The Onsite Treatment segment held the largest market share in the US Medical Waste Management Market in 2024. This has been ascribed to the fact that onsite treatment services reduce the need for transportation, thereby limiting the risk of accidents and spills.

-By Type of Waste

Non Hazardous Waste- Market Size Forecast 2019-2030, USD Million
Hazardous Waste- 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

Geographical Analysis

-By Region

North-East
Mid-West
West
South

Key Reports Highlights:

Market Dimensions Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative quantitative research company, strive to deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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