Medical Waste Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Type of Waste, Treatment, Service, Treatment Site, and Geography.

Market Snapshot

medical waste management market
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America

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Market Overview

The growing population across the globe is increasing the number of patients, resulting in the rising volume of medical waste. Thus, with the rising volume of medical waste, the governments, worldwide, are taking several initiatives for the management of medical waste. For example, in India, the Ministry of Environment and Forests (MoEF), government of India, notified the Medical Waste Management and Handling Rules, 1998 and the Bio-Medical Waste (Management and Handling) (Amendment) Rules, 2003, to provide statutory and obligatory guidelines for healthcare waste management. The Central Pollution Control Board has also issued guidelines on the Central Bio-medical Waste Treatment Facilities (CBWTF). The increasing number of initiatives by the government authorities is driving the medical waste management market. Several federal bodies maintain laws concerning medical waste. These include the Occupational Safety and Health Administration (OSHA), the Centers for Disease Control (CDC), the U.S. Food and Drug Administration (FDA), the Department of Transportation (DOT), and the Drug Enforcement Administration (DEA). The other factors, like the rising awareness regarding medical waste are also driving the market growth. The medical waste management market has been growing at a tremendous rate, over the past few years, though certain factors are likely to hinder the market growth for medical waste management. Among all, the requirement for huge capital investments, because of the need for high-value machinery and new technology equipment, is a major restraining factor for the medical waste management market growth.

Scope of the Report

Medical waste is a type of waste which contains infectious material and it is the waste generated by healthcare facilities like the physician’s offices, hospitals, dental practices, laboratories, medical research facilities, and veterinary clinics. Medical waste can contain bodily fluids like blood or other contaminants. The 1988 Medical Waste Tracking Act defines it as waste generated during medical research, testing, diagnosis, immunization, or treatment of either human beings or animals. Some examples are culture dishes, glassware, bandages, gloves, discarded sharps like needles or scalpels, swabs, and tissue.

Type of Waste
Non-hazardous Waste
Hazardous Waste
Chemical Treatment
Other Treatments
Collection, Transportation, and Storage
Treatment and Disposal
Other Services
Treatment Site
Offsite Treatment
Onsite Treatment
North America
Rest of Europe
South Korea
Rest of Asia-Pacific
Middle East & Africa
South Africa
Rest of Middle East & Africa
South America
Rest of South America

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Key Market Trends

Incineration segment is estimated to rule the medical waste management market

Incineration is the most common and highly preferred method used for medical waste disposing, although it is unsafe for the environment as it leads to global warming. The Environment Protection Agency has imposed stringent regulations regarding incineration due to the increasing global warming, which has led to the inhibition of emitting harmful gases that effect global warming. For instance, The Canadian Council of Ministers of the Environment has recently proposed new incinerator emission standards that will reduce current dioxin and mercury emissions by 80%. Furthermore, the increase in technological advancements and rising generation of excess medical waste across the globe are anticipated to propel the growth of the medical waste management market globally.

medical waste management market

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The United States to Lead the Market in North America

The US medical waste management market held the largest market share in North America, owing to the presence of the highly developed healthcare sector, along with the rising prevalence of infectious and chronic diseases, which require advanced medical and surgical aids, and the treatment for these diseases also produce a large number of by-products and residues. Many hospitals in the United States have started recycling the single-use products, which are sold back to the hospitals at a fraction of the original cost.

Asia-Pacific is also expected to witness the highest growth rate, due to the rising social awareness and establishment of stringent regulations for the proper disposal of medical residues and by-products.

medical waste management market

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Competitive Landscape

Medical waste management is one of the biggest challenges being faced by the healthcare providers day by day. It is often complicated by other concerns like HIPAA, epidemiology, potential civil litigation, and state and local regulation. The major market players in the medical waste management are focusing on elaborating their portfolio of services and products in the waste management market. Companies are also adopting various growth strategies, such as partnerships, agreements, mergers and acquisitions in order to strengthen their market presence in the medical waste management market globally. Further initiatives taken by the governments and collaborations with the NGO’s are further propelling the growth of the medical waste management market. For instance, in February 2018 - the Environment and Climate Change Canada (ECCC) planned to launch its new notice processing system (i.e., WIETS equivalent system) on June 5, 2018.

Table of Contents


    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Initiatives by Government Authorities

      2. 4.2.2 Increasing Awareness of Medical Waste

      3. 4.2.3 Increasing Medical Waste

    3. 4.3 Market Restraints

      1. 4.3.1 Technological Advancements

      2. 4.3.2 High-capital Investments

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Type of Waste

      1. 5.1.1 Non-hazardous Waste

      2. 5.1.2 Hazardous Waste

    2. 5.2 Treatment

      1. 5.2.1 Incineration

      2. 5.2.2 Autoclaving

      3. 5.2.3 Chemical Treatment

      4. 5.2.4 Other Treatments

    3. 5.3 Service

      1. 5.3.1 Collection, Transportation, and Storage

      2. 5.3.2 Treatment and Disposal

      3. 5.3.3 Recycling

      4. 5.3.4 Other Services

    4. 5.4 Treatment Site

      1. 5.4.1 Offsite Treatment

      2. 5.4.2 Onsite Treatment

    5. 5.5 Geography

      1. 5.5.1 North America

        1. US

        2. Canada

        3. Mexico

      2. 5.5.2 Europe

        1. Germany

        2. UK

        3. France

        4. Italy

        5. Spain

        6. Rest of Europe

      3. 5.5.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. South Korea

        6. Rest of Asia-Pacific

      4. 5.5.4 Middle East & Africa

        1. GCC

        2. South Africa

        3. Rest of Middle East & Africa

      5. 5.5.5 South America

        1. Brazil

        2. Argentina

        3. Rest of South America


    1. 6.1 Company Profiles

      1. 6.1.1 Biomedical Waste Solutions, LLC

      2. 6.1.2 Clean Harbors, Inc.

      3. 6.1.3 Daniels Sharpsmart Inc.

      4. 6.1.4 Republic Services, Inc.

      5. 6.1.5 Stericycle, Inc.

      6. 6.1.6 Suez Environmental Services

      7. 6.1.7 US Ecology, Inc.

      8. 6.1.8 Veolia Environnmental Services

      9. 6.1.9 Waste Management, Inc.

    2. *List Not Exhaustive

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The Medical Waste Management Market market is studied from 2018 - 2026.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Biomedical Waste Solutions, LLC, Clean Harbors, Inc., Daniels Sharpsmart Inc., Stericycle, Inc., Waste Management, Inc. are the major companies operating in Medical Waste Management Market.

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