Global Medical Waste Management Market is likely to climb to USD 25.4 billion by 2031 – Gamma Waste Systems, GRP & Associates, Inc., Republic Services, Inc., Stericycle The global Medical Waste Management Market was valued at USD 12.7 billion in 2021 and it is anticipated to grow up to USD 25.4 billion by 2031, at a CAGR of 7.2% during the forecast period. Medical waste management is the process of handling, transporting, and disposing of medical waste in a safe and responsible manner. Medical waste includes anything that may be contaminated with blood or other body fluids, including sharps (needles, lancets, etc.), lab samples, and used personal protective equipment (PPE). Medical waste management is an important part of any healthcare facility’s operations. Healthcare facilities must have policies and procedures in place to ensure that medical waste is properly handled and disposed of. To Remain ‘Ahead’ Of Your Competitors, Request for a Sample – https://www.globalinsightservices.com/request-sample/GIS24307 Market Trends and Drivers Increasing volume of medical waste globally is expected to accelerate the market statistics Medical waste is usually generated at healthcare facilities including hospitals, dental practices, blood banks, clinics, medical research facilities as well as laboratories. For instance, according to the World Health Organization (WHO), 85% of waste generated in the healthcare sector is general and non-hazardous waste. The remaining 15% is hazardous waste which may be infectious, radioactive, or chemical that might be harmful to the environment. Similarly, according to the Center for Science and Environment (CSE), biomedical waste in India grew from 559 tonnes per day in 2017 to 619 tonnes per day in 2019. Moreover, the number of hazardous waste generating units in the country increased by 3.5%, leading to a decline of almost 7% in hazardous waste generation. Hence, these attributes will boost the demand for medical waste management proving favorable for the overall market progression. Get A Customized Scope to Match, Your Need Ask an Expert – https://www.globalinsightservices.com/request-customization/GIS24307 Market Segments By Type of Waste Hazardous Non-hazardous By Service Collection, Transportation, & Strong Services Treatment and Disposable Services Recycling Services Others By Waste Generator Hospitals Laboratory and Research Centers Nursing Homes Others For In-Depth Competitive Analysis, Purchase this Report – https://www.globalinsightservices.com/checkout/single_user/GIS24307 Major Players in the Global Medical Waste Management Market The key players in the medical waste management market are Biomedical Waste Solutions. LLC, Clean Harbors, Inc., Daniels Sharpsmart, Inc., Gamma Waste Systems, GRP & Associates, Inc., Republic Services, Inc., Stericycle, Triumvirate Environmental, Veolia Environmental, Waste Management Inc., among others. New Report Published by Global Insight Services: https://www.globalinsightservices.com/reports/hydrogen-projects-database/ About Global Insight Services: Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service. Contact Us: Global Insight Services LLC 16192, Coastal Highway, Lewes DE 19958 E-mail: info@globalinsightservices.com Phone: +1-833-761-1700 Website: https://www.globalinsightservices.com/