Medical Waste Disposal Services in the US - Industry Market Research Report

Medical Waste Disposal Services in the US - Industry Market Research Report

  • March 2021 •
  • 47 pages •
  • Report ID: 5469149 •
  • Format: PDF
Coming clean: As the pandemic subsides and consumers seek healthcare services they previously delayed, industry revenue will rise

Abstract

Medical Waste Disposal Services
Over the five years to 2019, the number of patient visits in the healthcare sector has risen, pressing healthcare providers to outsource disposal services to reduce costs, driving Medical Waste Disposal Services industry demand. Moreover, the aging US population has created robust demand for hospitals and medical centers. As patient visits have risen, the additional medical waste has forced hospitals to increasingly outsource waste disposal activities. The largest industry players have gradually expanded their market shares over the past five years through acquisitions, and the industry will retain substantial potential for consolidation over the coming years. Rising waste generation and healthcare regulation are also anticipated to create opportunities for new entrants over the five years to 2024.

This industry collects, treats and disposes medical waste according to local, state and federal guidelines. Medical waste is generated from healthcare facilities, including hospitals, clinics, veterinary clinics, dentist offices, research labs and private practices. The industry is highly regulated.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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