Global Medical Waste Management Market Witnessed To Grow With A CAGR of 7.4% Over 2016-2020

Date: 2016-09-27

With the increasing medical service around the world, medical service industry serves population by protecting health of individuals and saving lives of many. However, while doing so they generate a lot of waste, which involves risk to people. As the healthcare industry is rapidly growing across the globe and especially in North America, there will be increasing need for medical waste management and the service providers in the market will witness attractive market opportunities than ever.

Geographically, North America is dominating the world Medical Waste Management market especially in US, North America is expecting to grow at highest CAGR of 9.4% over 2016-2020, the region followed by Europe, which is estimated to registered at a 7.5% CAGR for the forecast period, the emerging market such as China, India also are considered as a colossal untapped the market due to their huge population and increasing medical expenditure every year.

According to research, Global Medical Waste Management Market Witnessed To Grow With A CAGR of 7.4% Over 2016-2020.

The medical waste management market comprises medical waste management and pharmaceutical waste management segment. The medical waste management is further segmented as types and services. Under types, medical waste management is divided into sharps waste, infectious and pathological waste, non-infectious waste, radioactive waste, and pharmaceutical waste. The growth of this segment is due to rising awareness programs by private or government bodies to manage non-infectious waste streams. The services segment of medical waste management is further divided into collection, transportation and storage, waste treatment, and disposal method.

Medical Waste Management market share by region following:


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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 510-400-8520

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