MEDICAL WASTE MANAGEMENT MARKET ANALYSIS

Market Challenges And Opportunities

Strict rules imposed by government for proper disposal of medical waste is expected to augment medical waste management market growth in the near future

Incineration is the most commonly used method for disposing medical waste, however, it is not a safe procedure as it emits lots of gases, which are responsible for global warming. Environment Protection Agency (EPA) have imposed strict rules regarding incineration due to increasing global warming. Strict rules imposed by government bodies for proper medical waste disposal such as recycling and emission, is increasing the demand for medical waste management. Various non-incineration techniques are used such as autoclave treatment, non-ionization treatment, and some chemical treatment. Government and non-government bodies are working by spreading awareness among masses for proper technique of disposing medical waste in non-hazardous state. The key market players operating in the global medical waste management market include Stericycle, Sharps Compliance, Inc., Veolia Environment, Daniels Sharpsmart, Clean Harbors, Inc., MedWaste Management, Republic Services, and Waste Management.