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Global Medical Waste Recycling Service Market Research Report 2024
Synopsis
Regulated medical waste is shredded, treated by an EPA-approved sanitization process, and rendered no longer hazardous. Sterilized material is further shredded, melted, extruded, and converted into various grades, dimensions, and colors of plastic lumber.
Global Medical Waste Recycling Service market is projected to reach US$ 1671.3 million in 2029, increasing from US$ 1147 million in 2022, with the CAGR of 5.4% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Medical Waste Recycling Service market research.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Medical Waste Recycling Service market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Stericycle
Sharps Compliance
Veolia
Daniels Recycling Co.
Clean Harbors
Waste Management Inc
Republic Service
Healthcare Plastics Recycling Council
Triumvirate Environmental
MEDPRO Disposal, LLC
CleanRiver
Segment by Type
Sharps
Drug
Hazardous Waste
Others
Segment by Application
Hospitals
Clinics
Medical Research Facilities
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Medical Waste Recycling Service report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Regulated medical waste is shredded, treated by an EPA-approved sanitization process, and rendered no longer hazardous. Sterilized material is further shredded, melted, extruded, and converted into various grades, dimensions, and colors of plastic lumber.
Global Medical Waste Recycling Service market is projected to reach US$ 1671.3 million in 2029, increasing from US$ 1147 million in 2022, with the CAGR of 5.4% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Medical Waste Recycling Service market research.
According to our research, the global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Medical Waste Recycling Service market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Stericycle
Sharps Compliance
Veolia
Daniels Recycling Co.
Clean Harbors
Waste Management Inc
Republic Service
Healthcare Plastics Recycling Council
Triumvirate Environmental
MEDPRO Disposal, LLC
CleanRiver
Segment by Type
Sharps
Drug
Hazardous Waste
Others
Segment by Application
Hospitals
Clinics
Medical Research Facilities
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Medical Waste Recycling Service report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Medical Waste Recycling Service Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Sharps
1.2.3 Drug
1.2.4 Hazardous Waste
1.2.5 Others
1.3 Market by Application
1.3.1 Global Medical Waste Recycling Service Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Hospitals
1.3.3 Clinics
1.3.4 Medical Research Facilities
1.3.5 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Medical Waste Recycling Service Market Perspective (2018-2029)
2.2 Medical Waste Recycling Service Growth Trends by Region
2.2.1 Global Medical Waste Recycling Service Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Medical Waste Recycling Service Historic Market Size by Region (2018-2023)
2.2.3 Medical Waste Recycling Service Forecasted Market Size by Region (2024-2029)
2.3 Medical Waste Recycling Service Market Dynamics
2.3.1 Medical Waste Recycling Service Industry Trends
2.3.2 Medical Waste Recycling Service Market Drivers
2.3.3 Medical Waste Recycling Service Market Challenges
2.3.4 Medical Waste Recycling Service Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Medical Waste Recycling Service Players by Revenue
3.1.1 Global Top Medical Waste Recycling Service Players by Revenue (2018-2023)
3.1.2 Global Medical Waste Recycling Service Revenue Market Share by Players (2018-2023)
3.2 Global Medical Waste Recycling Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Medical Waste Recycling Service Revenue
3.4 Global Medical Waste Recycling Service Market Concentration Ratio
3.4.1 Global Medical Waste Recycling Service Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Medical Waste Recycling Service Revenue in 2022
3.5 Medical Waste Recycling Service Key Players Head office and Area Served
3.6 Key Players Medical Waste Recycling Service Product Solution and Service
3.7 Date of Enter into Medical Waste Recycling Service Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Medical Waste Recycling Service Breakdown Data by Type
4.1 Global Medical Waste Recycling Service Historic Market Size by Type (2018-2023)
4.2 Global Medical Waste Recycling Service Forecasted Market Size by Type (2024-2029)
5 Medical Waste Recycling Service Breakdown Data by Application
5.1 Global Medical Waste Recycling Service Historic Market Size by Application (2018-2023)
5.2 Global Medical Waste Recycling Service Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Medical Waste Recycling Service Market Size (2018-2029)
6.2 North America Medical Waste Recycling Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Medical Waste Recycling Service Market Size by Country (2018-2023)
6.4 North America Medical Waste Recycling Service Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Medical Waste Recycling Service Market Size (2018-2029)
7.2 Europe Medical Waste Recycling Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Medical Waste Recycling Service Market Size by Country (2018-2023)
7.4 Europe Medical Waste Recycling Service Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Medical Waste Recycling Service Market Size (2018-2029)
8.2 Asia-Pacific Medical Waste Recycling Service Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Medical Waste Recycling Service Market Size by Region (2018-2023)
8.4 Asia-Pacific Medical Waste Recycling Service Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Medical Waste Recycling Service Market Size (2018-2029)
9.2 Latin America Medical Waste Recycling Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Medical Waste Recycling Service Market Size by Country (2018-2023)
9.4 Latin America Medical Waste Recycling Service Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Medical Waste Recycling Service Market Size (2018-2029)
10.2 Middle East & Africa Medical Waste Recycling Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Medical Waste Recycling Service Market Size by Country (2018-2023)
10.4 Middle East & Africa Medical Waste Recycling Service Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Stericycle
11.1.1 Stericycle Company Detail
11.1.2 Stericycle Business Overview
11.1.3 Stericycle Medical Waste Recycling Service Introduction
11.1.4 Stericycle Revenue in Medical Waste Recycling Service Business (2018-2023)
11.1.5 Stericycle Recent Development
11.2 Sharps Compliance
11.2.1 Sharps Compliance Company Detail
11.2.2 Sharps Compliance Business Overview
11.2.3 Sharps Compliance Medical Waste Recycling Service Introduction
11.2.4 Sharps Compliance Revenue in Medical Waste Recycling Service Business (2018-2023)
11.2.5 Sharps Compliance Recent Development
11.3 Veolia
11.3.1 Veolia Company Detail
11.3.2 Veolia Business Overview
11.3.3 Veolia Medical Waste Recycling Service Introduction
11.3.4 Veolia Revenue in Medical Waste Recycling Service Business (2018-2023)
11.3.5 Veolia Recent Development
11.4 Daniels Recycling Co.
11.4.1 Daniels Recycling Co. Company Detail
11.4.2 Daniels Recycling Co. Business Overview
11.4.3 Daniels Recycling Co. Medical Waste Recycling Service Introduction
11.4.4 Daniels Recycling Co. Revenue in Medical Waste Recycling Service Business (2018-2023)
11.4.5 Daniels Recycling Co. Recent Development
11.5 Clean Harbors
11.5.1 Clean Harbors Company Detail
11.5.2 Clean Harbors Business Overview
11.5.3 Clean Harbors Medical Waste Recycling Service Introduction
11.5.4 Clean Harbors Revenue in Medical Waste Recycling Service Business (2018-2023)
11.5.5 Clean Harbors Recent Development
11.6 Waste Management Inc
11.6.1 Waste Management Inc Company Detail
11.6.2 Waste Management Inc Business Overview
11.6.3 Waste Management Inc Medical Waste Recycling Service Introduction
11.6.4 Waste Management Inc Revenue in Medical Waste Recycling Service Business (2018-2023)
11.6.5 Waste Management Inc Recent Development
11.7 Republic Service
11.7.1 Republic Service Company Detail
11.7.2 Republic Service Business Overview
11.7.3 Republic Service Medical Waste Recycling Service Introduction
11.7.4 Republic Service Revenue in Medical Waste Recycling Service Business (2018-2023)
11.7.5 Republic Service Recent Development
11.8 Healthcare Plastics Recycling Council
11.8.1 Healthcare Plastics Recycling Council Company Detail
11.8.2 Healthcare Plastics Recycling Council Business Overview
11.8.3 Healthcare Plastics Recycling Council Medical Waste Recycling Service Introduction
11.8.4 Healthcare Plastics Recycling Council Revenue in Medical Waste Recycling Service Business (2018-2023)
11.8.5 Healthcare Plastics Recycling Council Recent Development
11.9 Triumvirate Environmental
11.9.1 Triumvirate Environmental Company Detail
11.9.2 Triumvirate Environmental Business Overview
11.9.3 Triumvirate Environmental Medical Waste Recycling Service Introduction
11.9.4 Triumvirate Environmental Revenue in Medical Waste Recycling Service Business (2018-2023)
11.9.5 Triumvirate Environmental Recent Development
11.10 MEDPRO Disposal, LLC
11.10.1 MEDPRO Disposal, LLC Company Detail
11.10.2 MEDPRO Disposal, LLC Business Overview
11.10.3 MEDPRO Disposal, LLC Medical Waste Recycling Service Introduction
11.10.4 MEDPRO Disposal, LLC Revenue in Medical Waste Recycling Service Business (2018-2023)
11.10.5 MEDPRO Disposal, LLC Recent Development
11.11 CleanRiver
11.11.1 CleanRiver Company Detail
11.11.2 CleanRiver Business Overview
11.11.3 CleanRiver Medical Waste Recycling Service Introduction
11.11.4 CleanRiver Revenue in Medical Waste Recycling Service Business (2018-2023)
11.11.5 CleanRiver Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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