Medical Waste Management Market are rise in generation of healthcare waste, growing healthcare industry, importance of medical waste management, eco-friendly waste management procedures and growing government initiatives. On the other hand lack of awareness about health hazards and lack of skilled professionals for proper disposal may hinder the growth of the Asia-Pacific medical waste management market.
Asia-Pacific Medical Waste Management Market will cross USD 6,751.71 million by 2025. It was valued at USD 4,174.28 million in 2017. The market is growing at a CAGR of 6.3% in the forecast period 2018 to 2025.
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Competitive Analysis: Asia-Pacific Medical Waste Management Market
Some of the major players operating in Asia-Pacific Medical Waste Management market are Stericycle,Suez,CLEAN HARBORS, INC.,Veolia,BioMedical Waste Solutions, LLC.,REMONDIS SE & Co. KG,WM Intellectual Property Holdings, L.L.C.,Daniels Sharpsmart,Triumvirate Environmental.
Key Pointers Covered in the Asia-Pacific Medical Waste Management Market Trends and Forecast to 2026
- Asia-Pacific Medical Waste Management Market New Sales Volumes
- Asia-Pacific Medical Waste Management Market Replacement Sales Volumes
- Asia-Pacific Medical Waste Management Market Installed Base
- Asia-Pacific Medical Waste Management Market By Brands
- Asia-Pacific Medical Waste Management Market Size
- Asia-Pacific Medical Waste Management Market Procedure Volumes
- Asia-Pacific Medical Waste Management Market Product Price Analysis
- Asia-Pacific Medical Waste Management Market Healthcare Outcomes
- Asia-Pacific Medical Waste Management Market Cost of Care Analysis
- Asia-Pacific Medical Waste Management Market Regulatory Framework and Changes
- Asia-Pacific Medical Waste Management Market Prices and Reimbursement Analysis
- Asia-Pacific Medical Waste Management Market Shares in Different Regions
- Recent Developments for Asia-Pacific Medical Waste Management Market Competitors
- Asia-Pacific Medical Waste Management Market Upcoming Applications
- Asia-Pacific Medical Waste Management Market Innovators Study
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Scope of the Medical Waste Management Market
- Asia-Pacific Medical Waste Management Market, By Type of Waste (Hazardous Waste, Non-Hazardous Waste), Service Type (Collection, Transportation, & Storage, Treatment & Disposal, Recycling, Others), Treatment Type (Incineration, Autoclaving, Chemical Treatment, Irradiative, Biological, Others), Treatment Site (Offsite, Onsite), Category (Controlled, Uncontrolled), Source of Generation (Hospitals, Physician Offices, Clinical Laboratories, Manufacturers, Reverse Distributors), By Country (Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of APAC) – Industry Trends and Forecast to 2025
- Asia-Pacific Medical Waste Management Market will cross USD 6,751.71 million by 2025. It was valued at USD 4,174.28 million in 2017. The market is growing at a CAGR of 6.3% in the forecast period 2018 to 2025
- The major factors driving the growth of this market are rise in generation of healthcare waste, growing healthcare industry, importance of medical waste management, eco-friendly waste management procedures and growing government initiatives. On the other hand lack of awareness about health hazards and lack of skilled professionals for proper disposal may hinder the growth of the Asia-Pacific medical waste management market.
Market Segmentation: Asia-Pacific Medical Waste Management Market
- Global Medical Waste Management Market is segmented based on type of waste into two notable segments; hazardous waste and non-hazardous waste. In 2018, non-hazardous segment is estimated to rule with 86.7% shares and will cross USD 5,884.66 million by 2025, rising at the CAGR of 6.4%. Hazardous waste is sub segmented into infectious & pathological waste, pharmaceutical waste, sharps and others.
- The Asia-Pacific medical waste management market is segmented based on service type into four notable segments; collection, transportation and storage, treatment and disposal, recycling and others. In 2018, collection, transportation and storage is estimated to rule with 65.8% shares and will cross USD 4,411.00 million by 2025, rising at the CAGR of 6.2%. However, recycling is expected to grow at the highest CAGR of 7.1% in the forecast period, and is expected to reach USD 405.89 million in 2025 from USD 236.51 million in 2017
- The Asia-Pacific medical waste management market is segmented based on treatment type into six notable segments; incineration, autoclaving, chemical treatment, irradiative, biological and others. In 2018, Incineration segment is estimated to rule with 62.8% shares and will cross USD 4,322.85 million by 2025, rising at the CAGR of 6.6%.
- The Asia-Pacific medical waste management market is segmented based on source of generation into five notable segments; hospitals, physician offices, clinical laboratories, manufacturers and reverse distributors. In 2018, hospitals segment is estimated to rule with 65.2% shares and will cross USD 4,479.16 million by 2025, rising at the CAGR of 6.6%.
- Based on country, the market is segmented into 11 main Japan, China, Singapore, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of APAC. The Japan is expected to dominate the market with 25.5% share in 2018 and China is growing with the highest CAGR of 7.4% in the forecast period of 2018-2025
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