Medical Waste Management Market to Reach US$15.3B by 2033 as Demand Grows to Reduce Environmental Hazards and Protect Health | Future Market Insights, Inc.
NEWARK, Del., Oct. 18, 2023 /PRNewswire/ -- In terms of value, the global net demand for medical waste management systems was estimated to be around US$ 7,592.9 million in 2022. The overall market for medical waste management systems is projected to grow at an annual rate of 6.6% between 2023 and 2033. Following this promising growth rate, the global market value is poised to reach a valuation of around US$ 15,336.9 million by 2033.
- The global medical waste management market is expected to reach US$15.3 billion by 2033, driven by the need to reduce environmental hazards and avoid adverse health outcomes.
- Medical waste streams require specialized knowledge, tools, and disposal techniques, which makes specialized medical waste management services essential
Analysis of the Medical Waste Management System Market by Bio Hazardous Waste, Non-hazardous Waste, Sharps Waste, Pharmaceutical Waste, Radioactive Waste, and Other Wastes, Opportunities and Forecast 2023-2033
NEWARK, Del., Oct. 18, 2023 /PRNewswire/ -- In terms of value, the global net demand for medical waste management systems was estimated to be around US$ 7,592.9 million in 2022. - The overall market for medical waste management systems is projected to grow at an annual rate of 6.6% between 2023 and 2033.
- Particularly, there is a rising need for specialist medical waste management services that handle and eliminate different radioactive or infectious waste.