- In June 2024, WM successfully finalized its acquisition of Stericycle, a prominent medical waste service provider based in the United States. This strategic move enhances WM's portfolio and expands its capabilities in medical waste management services. The acquisition aims to strengthen WM's position in the industry and improve service offerings to healthcare facilities nationwide
- In April 2024, Sterilis Solutions announced a partnership with Polycarbin to revolutionize sustainability in laboratory waste management. This collaboration aims to implement advanced technologies and environmentally friendly practices to enhance waste management processes. By combining their expertise, the two companies seek to set new standards for sustainability in the industry
- In February 2024, MYGroup announced a collaboration with Johnson & Johnson to recycle various packaging materials used for their diagnostic and surgical devices. This agreement highlights both companies' commitment to sustainability and waste reduction in the healthcare sector. Through this partnership, they aim to enhance recycling efforts and minimize environmental impact associated with medical packaging waste
- In August 2022, the government of Japan, in collaboration with the United Nations Development Programme (UNDP), initiated a new project aimed at supporting national health agencies and key stakeholders in Bangladesh, Bhutan, and the Maldives. This initiative focuses on addressing the significant increase in infectious healthcare waste resulting from the COVID-19 pandemic. By providing necessary resources and expertise, the project seeks to enhance waste management practices in these countries and mitigate the health risks associated with improper disposal
- In March 2022, a new company named MediWaste was founded to manage biohazardous waste in Bermuda. MediWaste specializes in the transportation, treatment, and disposal of medical waste, utilizing two specially designed incinerators for efficient processing. This initiative aims to enhance waste management practices in the region, ensuring safe and environmentally responsible handling of medical waste
Frequently Asked Questions
The market is segmented based on Segmentation, By Type of Waste (Hazardous Waste, and Non-Hazardous Waste), Service Type (Collection, Transportation and Storage, Treatment and Disposal, Recycling, and Others), Treatment Type (Incineration, Autoclaving, Chemical Treatment, Irradiative, Biological, and Others), Treatment Site (Offsite, Onsite), Category (Controlled, and Uncontrolled), Source of Generation (Hospitals, Physician Offices, Clinical Laboratories, Manufacturers, and Reverse Distributors) – Industry Trends and Forecast to 2031
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The Global Medical Waste Management Market size was valued at USD 9.60 USD Billion in 2023.
The Global Medical Waste Management Market is projected to grow at a CAGR of 6.05% during the forecast period of 2024 to 2031.
The major players operating in the market include Stericycle , Veolia Environnement SA, SUEZ, CLEAN HARBORS , WM Intellectual Property Holdings L.L.C, Republic Services , REMONDIS SE & Co. KG, BioMedical Waste Solutions LLC., Ecomed Services, Triumvirate Environmental, BWS ,orporated, MEDPRO Disposal LLC, Gamma Waste Services, Daniels Sharpsmart , Casella Waste Systems ,.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
