The Business Research Company’s latest report Medical Waste Management Global Market Report 2020 covers Medical Waste Management market drivers, Medical Waste Management market trends, Medical Waste Management market segments, Medical Waste Management market growth rate, Medical Waste Management market major players, and Medical Waste Management market size. The report provides in-depth analysis of the impact of COVID-19 on the Medical Waste Management industry, along with revised market numbers due to the effects of the coronavirus.
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Medical Waste Management Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global medical waste management market is expected to grow from $13.5 billion in 2019 to 14.9 billion in 2020 at a compound annual growth rate (CAGR) of 10.6%. The markable growth is mainly due to the COVID-19 outbreak and the measures to contain it. The estimated amount of biomedical waste being generated from COVID-19 treating hospitals, quarantine centers, healthcare facilities, and self/home-quarantine has triggered the need for medical waste management. The market is then expected to stabilize and reach $16.62 billion in 2023 at a CAGR of 3.8%.
The report covers the Medical Waste Management market’s segments-
1) By Type: Bio-Hazardous/Infectious Waste, Non-Hazardous Waste, Sharps, Pharmaceutical, Radioactive, Others.
2) By Treatment: Incineration, Autoclaving, Chemical Treatment, Others.
3) By Services: Onsite Services, Offsite Services.
4) By Waste Generator: Hospitals, Clinics, Ambulatory Surgical Centers, Pharmaceutical Companies, Biotechnology Companies, Others.
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