US Medical Waste Management Market Growth Trends & Forecast 2024-2030 Insights

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled US Medical Waste Management Market Research Report Forecast (2024-2030). This report provides a detailed assessment of the US Medical Waste Management Market, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

  • Historical Years: 2019-22
  • Base Years: 2023
  • Forecast year - 2024-20300

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

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US Medical Waste Management Market Outlook

According to the report, The US Medical Waste Management Market size is estimated to grow at a CAGR of around 4.55% during the forecast period, i.e., 2024-30. The US medical waste management market size is estimated to be around USD 2.11 billion in 2024. The country has one of the most robust healthcare infrastructures across the globe. In 2024, the country has more than 6,000 hospitals and 10,000 specialty clinics. These various healthcare facilities present in the country have been generating huge volumes of medical waste due to increased patient admissions requiring diagnosis and treatment for various diseases. Also, there has been a rise in the number of road accidents, cancer patients, cardiovascular diseases, etc., in the country which has accelerated the need for surgeries. Consequently, these factors are leading to the growth of the US medical waste management services market. As per the American Medical Association, each patient in the US hospitals generated about 34 pounds of waste, which led to about 6 million tons of medical waste in 2022.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

US Medical Waste Management Market Drivers:

Increasing Establishment of Healthcare Facilities – There has been substantial growth in the establishment of specialized medical facilities in the US driven by factors like population demographics, rising income, better health awareness, and increasing lifestyle diseases. These facilities visited by patients for diagnostic and treatment purposes generate a huge amount of medical waste. Also, the government of the US announced its plans to set up more than 40 large-scale hospitals across the country by 2030. Moreover, the private players are anticipated to build more than 85 hospitals during the same time with that, the demand for medical waste management services has been increasing in the country to properly handle, manage, and dispose of the generated medical waste.

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US Medical Waste Management Market Segmentation

The study categorizes the US Medical Waste Management Market into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

By Service

  • Collection
  • Transportation & Storage Services
  • Treatment & Disposal Services
    • Incineration
    • Autoclaving
    • Chemical Treatment
    • Others
  • Recycling Services

By Type of Waste

  • Non Hazardous Waste
  • Hazardous Waste
    • Infectious & Pathological Waste
    • Sharps Waste
    • Pharmaceutical Waste
    • Others

By Treatment Site

  • Offsite Treatment
  • Onsite Treatment

By Waste Generator

  • Hospitals
  • Diagnostics Laboratories
  • Blood Banks
  • Dental Clinics
  • Others (Nursing Homes, Veterinary Facilities, etc.)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

  • North-East
  • Mid-West
  • West
  • South

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Leading Companies in US Medical Waste Management Market Worldwide: Players, Analysis & Future Outlook

Stericycle, Biomedical Waste Solutions (BWS), MedPro Waste Disposal, Sharps Medical Waste Services, Triumvirate Environmental, Eco Medical Waste Solutions, Ingenium Group, LLC, Daniels Health, Allied USA, BioServ, Inc., and others are the top companies in the US Medical Waste Management Market.

Key Highlights of the Report

  • Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
  • Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
  • Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
  • Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/us-medical-waste-management-market.html

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the US Medical Waste Management Market?
2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the US Medical Waste Management Market?
4. Who are the prominent players in the US Medical Waste Management Market?
5. How is the competition structured in this market?
6. How can I access the full report?

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About Us

MarkNtel Advisors is a globally recognized market research and consulting firm delivering intelligence across the healthcare industry, spanning pharmaceuticals, medical devices, healthcare IT, and biotechnology. Our analysts combine domain expertise with innovation tracking to help healthcare organizations improve efficiency and patient outcomes. Through Consulting Services, we assist clients in interpreting insights, designing go-to-market strategies, and adapting to regulatory changes, fostering sustainable growth in the evolving global healthcare ecosystem.

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