Medical Waste Management Equipment Market Research Report -Forecast till 2027

Medical Waste Management Equipment Market Research Report: Information by Waste Type (Hazardous Waste, Non-Hazardous Waste and others), Equipment Type (Sorting Equipment, Disposal & Processing Equipment, Treatment Equipment and others), Site (Off-Site and On-Site), End User (Hospitals and Clinics, Medical Research Institutes, Blood Banks and others) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2027

ID: MRFR/MED/1420-HCR | February 2021 | Region: Global | 105 Pages         

Table of Contents

Chapter 1. Executive Summary

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Overview

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.2.1 R&D and Designing

5.2.2 Manufacturing

5.2.3 Distribution & Sales

5.2.4 Post-Sales Review

Chapter 6. Global Medical Waste Management Equipment Market, by Waste Type

6.1 Overview

6.2 Hazardous Waste

6.2.1 Infectious and Pathological Waste

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.2.2 Pharmaceutical Waste

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.2.3 Others

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.3 Nonhazardous Waste

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027


Chapter 7. Global Medical Waste Management Equipment Market, by Equipment Type

7.1 Overview

7.2 Sorting Equipment

7.2.1 Shredders

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.2.2 Balers

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.2.3 Others

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.3 Disposal & Processing Equipment

7.3.1 Precipitators

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.3.2 Crushers

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.3.3 Combustor

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027


7.3.3 Others

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.4 Treatment Equipment

7.2.1 Autoclave

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.2.2 Microwave

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.2.3 Others

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

Chapter 8. Global Medical Waste Management Equipment Market, by Site

8.1 Overview

8.2 Off-Site

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

8.3 On-Site

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027



Chapter 9. Global Medical Waste Management Equipment Market, by End User

9.1 Overview

9.2 Hospitals and Clinics

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

9.3 Medical Research Institutes

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

9.4 Blood Banks

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

9.5 Others

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

Chapter 10. Global Medical Waste Management Equipment Market, by Region

10.1 Overview

10.2 Americas

10.2.1 North America

10.2.1.1 US

10.2.1.2 Canada

10.2.2 Latin America

10.3 Europe

10.3.1 Western Europe

10.3.1.1 Germany

10.3.1.2 France

10.3.1.3 Italy

10.3.1.4 Spain

10.3.1.5 UK

10.3.1.6 Rest of Western Europe

10.3.2 Eastern Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 China

10.4.3 India

10.4.4 Australia

10.4.5 South Korea

10.4.6 Rest of Asia-Pacific

10.5 Middle East & Africa

10.5.1 Middle East

10.5.2 Africa

Chapter 11. Company Landscape

11.1 Overview

11.2 Competitive Analysis

Chapter 12. Company Profile

12.1 ARVS Equipments Private Limited

12.1.1 Company Overview

12.1.2 Products/Services Offered

12.1.3 Financial Overview

12.1.4 Key Developments

12.1.5 SWOT Analysis

12.1.6 Key Strategies

12.2 AMB Ecosteryl

12.2.1 Company Overview

12.2.2 Products/Services Offered

12.2.3 Financial Overview

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.2.6 Key Strategies

12.3 Steelco S.p.A.

12.3.1 Company Overview

12.3.2 Products/Services Offered

12.3.3 Financial Overview

12.3.4 Key Development

12.3.5 SWOT Analysis

12.3.6 Key Strategies

12.4 Bertin

12.4.1 Company Overview

12.4.2 Products/Services Offered

12.4.3 Financial Overview

12.4.4 Key Development

12.4.5 SWOT Analysis

12.4.6 Key Strategies

12.5 Bondtech Corporation

12.5.1 Company Overview

12.5.2 Products/Services Offered

12.5.3 Financial overview

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.5.6 Key Strategies

12.6 Hydroclave

12.6.1 Company Overview

12.6.2 Products/Services Offered

12.6.3 Financial Overview

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.6.6 Key Strategies

12.7 Chongqing Gient Heating Industry Co., Ltd.

12.7.1 Overview

12.7.2 Products/Services Offered

12.7.3 Financial Overview

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.7.6 Key Strategies

12.8 Celitron Medical Technologies Kft

12.8.1 Overview

12.8.2 Products/Services Offered

12.8.3 Financial Overview

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.8.6 Key Strategies

12.9 Tesalys

12.9.1 Overview

12.9.2 Products/Services Offered

12.9.3 Financial Overview

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.9.6 Key Strategies

12.10 Hawaii Biowaste Systems, Inc.

12.10.1 Overview

12.10.2 Products/Services Offered

12.10.3 Financial Overview

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.10.6 Key Strategies

12.11 Others

Chapter 12 Appendix

12.1 References

12.2 Related Reports

 

LIST OF TABLES

Table 1 Global Medical Waste Management Equipment Market Synopsis, 2020-2027

Table 2 Global Medical Waste Management Equipment Market Estimates and Forecast, 2020-2027 (USD Million)

Table 3 Global Medical Waste Management Equipment Market, by Waste Type, 2020-2027 (USD Million)

Table 4 Global Medical Waste Management Equipment Market, by Equipment Type, 2020-2027 (USD Million)

Table 5 Global Medical Waste Management Equipment Market, by Site, 2020-2027 (USD Million)

Table 6 Global Medical Waste Management Equipment Market, by End User, 2020-2027 (USD Million)

Table 7 Global Medical Waste Management Equipment Market, by Region, 2020-2027 (USD Million)

Table 8 Americas: Medical Waste Management Equipment Market, by Region, 2020 and 2025

Table 9 Americas: Medical Waste Management Equipment Market, by Waste Type, 2020-2027 (USD Million)

Table 10 Americas: Medical Waste Management Equipment Market, by Equipment Type, 2020-2027 (USD Million)

Table 11 Americas: Medical Waste Management Equipment Market, by Site, 2020-2027 (USD Million)

Table 12 Americas: Medical Waste Management Equipment Market, by End User, 2020-2027 (USD Million)


Table 13 North America: Medical Waste Management Equipment Market, by Country, 2020-2027 (USD Million)

Table 14 North America: Medical Waste Management Equipment Market, by Waste Type, 2020-2027 (USD Million)

Table 15 North America: Medical Waste Management Equipment Market, by Equipment Type, 2020-2027 (USD Million)

Table 16 North America: Medical Waste Management Equipment Market, by Site, 2020-2027 (USD Million)

Table 17 North America: Medical Waste Management Equipment Market, by End User, 2020-2027 (USD Million)


Table 18 US: Medical Waste Management Equipment Market, by Waste Type, 2020-2027 (USD Million)

Table 19 US: Medical Waste Management Equipment Market, by Equipment Type, 2020-2027 (USD Million)

Table 20 US: Medical Waste Management Equipment Market, by Site, 2020-2027 (USD Million)

Table 21 US: Medical Waste Management Equipment Market, by End User, 2020-2027 (USD Million)

Table 22 Canada: Medical Waste Management Equipment Market, by Waste Type, 2020-2027 (USD Million)

Table 23 Canada: Medical Waste Management Equipment Market, by Equipment Type, 2020-2027 (USD Million)

Table 24 Canada: Medical Waste Management Equipment Market, by Site, 2020-2027 (USD Million)

Table 25 Canada: Medical Waste Management Equipment Market, by End User, 2020-2027 (USD Million)

Table 26 Latin America: Medical Waste Management Equipment Market, by Waste Type, 2020-2027 (USD Million)

Table 27 Latin America: Medical Waste Management Equipment Market, by Equipment Type, 2020-2027 (USD Million)

Table 28 Latin America: Medical Waste Management Equipment Market, by Site, 2020-2027 (USD Million)

Table 29 Latin America: Medical Waste Management Equipment Market, by End User, 2020-2027 (USD Million)

Table 30 Europe: Medical Waste Management Equipment Market, by Region, 2020-2027 (USD Million)

Table 31 Europe: Medical Waste Management Equipment Market, by Waste Type, 2020-2027 (USD Million)

Table 32 Europe: Medical Waste Management Equipment Market, by Equipment Type, 2020-2027 (USD Million)

Table 33 Europe: Medical Waste Management Equipment Market, by Site, 2020-2027 (USD Million)

Table 34 Europe: Medical Waste Management Equipment Market, by End User, 2020-2027 (USD Million)

Table 35 Western Europe: Medical Waste Management Equipment Market, by Country, 2020-2027 (USD Million)

Table 36 Western Europe: Medical Waste Management Equipment Market, by Waste Type, 2020-2027 (USD Million)

Table 37 Western Europe: Medical Waste Management Equipment Market, by Equipment Type, 2020-2027 (USD Million)

Table 38 Western Europe: Medical Waste Management Equipment Market, by Site, 2020-2027 (USD Million)

Table 39 Western Europe: Medical Waste Management Equipment Market, by End User, 2020-2027 (USD Million)

Table 40 Eastern Europe: Medical Waste Management Equipment Market, by Waste Type, 2020-2027 (USD Million)

Table 41 Eastern Europe: Medical Waste Management Equipment Market, by Equipment Type, 2020-2027 (USD Million)

Table 42 Eastern Europe: Medical Waste Management Equipment Market, by Site, 2020-2027 (USD Million)

Table 43 Eastern Europe: Medical Waste Management Equipment Market, by End User, 2020-2027 (USD Million)

Table 44 Asia-Pacific: Medical Waste Management Equipment Market, by Country, 2020-2027 (USD Million)

Table 45 Asia-Pacific: Medical Waste Management Equipment Market, by Waste Type, 2020-2027 (USD Million)

Table 46 Asia-Pacific: Medical Waste Management Equipment Market, by Equipment Type, 2020-2027 (USD Million)

Table 47 Asia-Pacific: Medical Waste Management Equipment Market, by Site, 2020-2027 (USD Million)

Table 48 Asia-Pacific: Medical Waste Management Equipment Market, by End User, 2020-2027 (USD Million)

Table 49 Middle East & Africa: Medical Waste Management Equipment Market, by Region, 2020-2027 (USD Million)

Table 50 Middle East & Africa: Medical Waste Management Equipment Market, by Waste Type, 2020-2027 (USD Million)

Table 51 Middle East & Africa: Medical Waste Management Equipment Market, by Equipment Type, 2020-2027 (USD Million)

Table 52 Middle East & Africa: Medical Waste Management Equipment Market, by Site, 2020-2027 (USD Million)

Table 53 Middle East & Africa: Medical Waste Management Equipment Market, by End User, 2020-2027 (USD Million)

 

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Market Structure of the Global Medical Waste Management Equipment Market

Figure 3 Market Dynamics of the Global Medical Waste Management Equipment Market

Figure 4 Global Medical Waste Management Equipment Market Share, by Waste Type, 2020 (%)

Figure 5 Global Medical Waste Management Equipment Market Share, by Waste Type, 2020 (USD Million)

Figure 6 Global Medical Waste Management Equipment Market Share, by Equipment Type, 2020 (%)

Figure 7 Global Medical Waste Management Equipment Market Share, by Equipment Type, 2020 (USD Million)

Figure 8 Global Medical Waste Management Equipment Market Share, by Site, 2020 (%)

Figure 9 Global Medical Waste Management Equipment Market Share, by Site, 2020 (USD Million)

Figure 10 Global Medical Waste Management Equipment Market Share, by End User, 2020 (%)

Figure 11 Global Medical Waste Management Equipment Market Share, by End User, 2020 (USD Million)

Figure 12 Global Medical Waste Management Equipment Market Share, by Region, 2020 (%)

Figure 13 Americas: Medical Waste Management Equipment Market Share, by Region, 2020 (%)

Figure 14 North America: Medical Waste Management Equipment Market Share, by Country, 2020 (%)

Figure 15 Europe: Medical Waste Management Equipment Market Share, by Region, 2020 (%)

Figure 16 Western Europe: Medical Waste Management Equipment Market Share, by Country, 2020 (%)

Figure 17 Asia-Pacific: Medical Waste Management Equipment Market Share, by Country, 2020 (%)

Figure 18 Middle East & Africa: Medical Waste Management Equipment Market Share, by Region, 2020 (%)

Figure 19 Global Medical Waste Management Equipment Market: Company Share Analysis, 2020 (%)

Figure 20 ARVS Equipments Private Limited: Key Financials

Figure 21 ARVS Equipments Private Limited: Segmental Revenue

Figure 22 ARVS Equipments Private Limited: Regional Revenue

Figure 23 AMB Ecosteryl: Key Financials

Figure 24 AMB Ecosteryl: Segmental Revenue

Figure 25 AMB Ecosteryl: Regional Revenue

Figure 26 Steelco S.p.A.: Key Financials

Figure 27 Steelco S.p.A.: Segmental Revenue

Figure 28 Steelco S.p.A.: Regional Revenue

Figure 29 Bertin: Key Financials

Figure 30 Bertin: Segmental Revenue

Figure 31 Bertin: Regional Revenue

Figure 32 Bondtech Corporation: Key Financials

Figure 33 Bondtech Corporation: Segmental Revenue

Figure 34 Bondtech Corporation: Regional Revenue

Figure 35 Hydroclave: Key Financials

Figure 36 Hydroclave: Segmental Revenue

Figure 37 Hydroclave: Regional Revenue

Figure 38 Chongqing Gient Heating Industry Co., Ltd.: Key Financials

Figure 39 Chongqing Gient Heating Industry Co., Ltd.: Segmental Revenue

Figure 40 Chongqing Gient Heating Industry Co., Ltd.: Regional Revenue

Figure 41 Celitron Medical Technologies Kft: Key Financials

Figure 42 Celitron Medical Technologies Kft: Segmental Revenue

Figure 43 Celitron Medical Technologies Kft: Regional Revenue

Figure 44 Tesalys: Key Financials

Figure 45 Tesalys: Segmental Revenue

Figure 46 Tesalys: Regional Revenue

Figure 47 Hawaii Biowaste Systems, Inc.: Key Financials

Figure 48 Hawaii Biowaste Systems, Inc.: Segmental Revenue

Figure 49 Hawaii Biowaste Systems, Inc.: Regional Revenue

Medical Waste Management Equipment Market Speak to Analyst Request a Free Sample

Medical Waste Management Equipment Market Overview


The medical waste management equipment market is anticipated to grow substantially in the years to come. The medical waste managing equipment market value is expected to grow at a CAGR (Compound Annual Growth Rate) of about 5.1%. The increased incidence of illnesses and the number of patients are the primary causes of the increase in medical waste, which drives the waste management market expansion.


Waste management refers to gathering, transporting, removing, supervising, and recycling used medical products in its broadest sense. The population may produce medical waste due to many activities such as diagnosis, treatment (such as surgery), and prevention of illnesses. We must treat the germs and harmful substances that form during various medical procedures. Medical waste management equipment transforms infected, polluted, and dangerous medical waste into safe, reusable products or resources.


Covid-19 Analysis


With the rise of the Covid-19 impact, many large-scale businesses and industries suffered, except healthcare and life support products. The lockdown and physical distancing protocols have affected millions of small and big business institutions alike. The medical waste managing devices market saw a slight downfall post the pandemic due to the lockdown and physical distancing.


However, the key companies have adopted measures to expand the distribution of waste management equipment across the globe. Moreover, people are growing aware of the harmful effects of medical waste and the need for effective waste management. Hence, these factors are expected to boost the medical waste management equipment market value in the years to come.


Market Dynamics


Drivers


A few factors may drive the growth of the medical waste management equipment market share. The expanding number of healthcare facilities is one of the reasons driving the development of the global medical waste management market. Research in the biological sciences, pharmaceuticals, and chemicals also increases the demand for medical waste management systems. Wastes that cause mercury or dioxin contamination are hazardous to the environment. Their disposal is one of the primary needs for waste management. Hence, these factors are expected to fuel the global market growth.


Opportunities


The global need for medical waste management equipment is increasing due to the pandemic. This waste managing equipment ensures that all medical waste is processed properly at various treatment plants. Also, governments are taking the initiative and developing treatments and acceptable means of medical waste disposal, which is required for environmental safety.


Medical waste management is also necessary to keep the hospital facilities clean since filthy surroundings may impact medical personnel and patients, making them prone to new infections. Hence, these factors help provide opportunities for market growth in the medical waste management equipment market forecast.


Restraints


There are a few factors that may inhibit the medical waste management equipment market growth. One of the most important of them is the high cost of the equipment. The waste recycling into various products may render a few side effects in the long run.


Challenges


Some factors that may challenge the key waste management providers include the cost of the equipment. Moreover, there is a lack of healthcare infrastructure in many places. The population may also not be aware of the need for medical waste management. Hence, these factors challenge the key players of the global market.


Cumulative Growth Analysis


The medical waste management equipment market is anticipated to grow substantially in the years to come. The medical waste managing equipment market value is expected to grow at a CAGR (Compound Annual Growth Rate) of about 5.1%. The increased incidence of illnesses and the number of patients are the primary causes of the increase in medical waste, which drives the waste management market expansion.


Value Chain Analysis


The medical waste management equipment market growth is being driven by causes such as the growing urban population. Rapid urbanization and increasing population are also contributing to an increase in waste generation. For example, according to a World Bank report published in September 2018, worldwide waste generation is predicted to reach 3.4 billion tons over the next 30 years. Also, the growing urban population adds to the global expansion of waste management equipment. Most of the top global waste management equipment manufacturers are focused on new product launches and procurements.


Segment Overview


The global medical waste management equipment market is classified into many segments such as equipment types, waste types, site, and end-user. Listed below are the medical waste management apparatus market segments:


By Equipment types



  • Disposal & Processing equipment


    • Precipitators

    • Combustors

    • Crushers

    • Others


  • Sorting equipment


    • Balers

    • Shredders

    • Others


  • Treatment equipment


    • Microwave

    • Autoclave

    • Others


  • Others


By Waste types



  • Non-hazardous waste

  • Hazardous waste


    • Infectious and Pathological Waste

    • Pharmaceutical Waste

    • Others



By Site



  • On-site

  • Off-site


By End-user



  • Medical research institutes

  • Hospitals & clinics

  • Blood banks

  • Others


Regional Analysis


The regional division of the medical waste management equipment market analysis comprises North America, Europe, Asia Pacific, and the rest of the world. Because of rising per capita healthcare expenditures and rapid adoption of new technologies in the area, the market in the Americas is likely to dominate the medical waste management equipment market.


The European market is also likely to expand significantly. This is due to a well-established healthcare system, a growth in chronic illnesses, and significant corporations in the region. According to the World Health Organization (WHO), healthcare operations' total trash is around 85 percent general waste and 15 percent hazardous waste. Hence, this is anticipated to drive market growth in the region. 


Because of the rising patient pool and increasing government initiatives for healthcare reforms, the Asia-Pacific market is expected to develop at a stable rate throughout the forecast period. Due to the region's low per capita disposable income, the Middle East and Africa market is expected to account for the smallest proportion of the market.


Competitive Landscape 


The medical waste management equipment industry is dominated by a few companies that play a vital role in the market growth. These heart catheter companies are called key companies of the market. They contribute to the largest share of the market profit.


The companies account for the market profits by adopting various medical waste management equipment market trends such as joint ventures, product launches, company expansions, and procurements. They offer innovative equipment options for medical waste management.


Key Players


Below are the key companies that offer medical waste management equipment in the global market:



  • ARVS Equipment Private Limited

  • Bondtech Corporation

  • Prometic Life Sciences Inc.

  • Chongqing Gient Heating Industry Co. Ltd.

  • Steelco S.p.A

  • Hydroclave

  • AMB Ecosteryl

  • Medicinova

  • Bertin

  • Merck & Co. Inc.

  • Novartis AG


Recent Developments 



  • Tadweer, Abu Dhabi Waste Management Center, introduced mobile medical waste incinerators ranging from 150-300 kg per hour in May 2020. The new equipment can process medical waste at temperatures as high as 1200 degrees Fahrenheit and is outfitted with cutting-edge filtration technologies to keep the environment clean and safe. The kit also guarantees that all Covid-19-related trash is correctly processed at various treatment facilities.

  • Avis Industrial Corp. purchased IPS Balers Inc. in August 2014. The company manufactures plastics and mixed fiber balers. Due to the procurement, IPS becomes Avis Industrial Corp.'s third baler company.


Report Overview


This report delivers all the information about the global medical waste management equipment market's growth in the forecast period. It also contains different sections of the market analysis to help obtain detailed information such as opportunities, challenges, drivers, Covid-19 analysis, regional analysis, competitive landscape, and others. Moreover, all the information is collected from verified primary and secondary sources to provide the expected medical waste management equipment market outlook by the year 2025.


Geographically



  • Europe

  • Asia-Pacific

  • North America

  • Middle East & Africa

  • Rest of the world



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   5.1% CAGR (2019-2025)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Waste Type, Equipment Type, Site
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   AMB Ecosteryl, ARVS Equipments Private Limited, Steelco S.p.A., Bertin, Bondtech Corporation, Hydroclave, Chongqing Gient Heating Industry Co., Ltd., Novartis AG, Medicinova, Inc., Merck & Co., Inc., and Prometic Life Sciences Inc.
  Key Market Opportunities

  • Rising expenditure rate in healthcare and treatment, and the rising prevalence of communicable diseases. \r\n
  • The rising prevalence of diseases and number of patients are the major cause of the increase in medical waste, and therefore it drives the growth of the market.
  •   Key Market Drivers   The market in Europe is expected to show a considerable amount of growth.


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    Frequently Asked Questions (FAQ) :

    The global medical waste management equipment market is expected to register over 5.1% CAGR over the assessment period (2019-2025).

    North America holds the largest share in the global medical waste management equipment market followed by Europe and Asia Pacific, respectively.

    ARVS Equipments Private Limited, AMB Ecosteryl, Steelco S.p.A., Bondtech Corporation, Bertin, Hydroclave, Novartis AG, Chongqing Gient Heating Industry Co., Ltd., Medicinova, Inc., Prometic Life Sciences Inc., and Merck & Co., Inc., are some of the major players operating in the global medical waste management equipment market.

    Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global medical waste management equipment market adopt to gain a larger competitive advantage.