US Medical Waste Management Market Forecast 2030: Key Players and Emerging Trends

Future of Executive Summary US Medical Waste Management Market: Key Dynamics, Size & Share Analysis

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.

Top Market Challenges Impacting the US Medical Waste Management Market Growth

Regulatory Challenges Restricting Market Growth – The stringent regulations established by the major authorities in the US to treat each category of medical waste have been hindering the growth of the US Medical Waste Management Market. Further, after a certain period, the regulations are updated by the authorities to address environmental and other challenges. This however creates problems for medical waste management services providing companies who find it difficult to adjust their services as per the newly established guidelines. Further, incorporating new modifications and training personnel as per updated guidelines remains costly for companies particularly the smaller ones with limited capital. As a consequence, companies might not offer certain services and face limited revenue growth. Consequently, the market for the US Medical Waste Management has been adversely affected.

Understanding the Core Segments in the US Medical Waste Management Market

US Medical Waste Management Market Size, Share & Industry Trends Analysis- 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.))), and Others.

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Geographical Analysis of the US Medical Waste Management Market

By Region

North-East
Mid-West
West
South

Who Dominates the US Medical Waste Management Market Insights on Key Industry Players?

Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d

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.

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