U.S. Market For Medical Waste Treatment, Containment, Management And Disposal To Reach Nearly $3.2 Billion In 2017
BCC Research is a leading information resource producing high-quality market research reports, newsletters, and conferences.BCC Research is a leading market research company providing industry reports for categories such as biotech, chemicals, energy, healthcare, information technology, nanotech, pharma and plastics.
- (1888PressRelease) January 03, 2013 - Wellesley, Mass. - According to a new technical market research report, U.S. MEDICAL WASTE TREATMENT, CONTAINMENT, MANAGEMENT AND DISPOSAL MARKETS (ENV005C), from BCC Research (www.bccresearch.com), the U.S. medical waste treatment, containment management and disposal market was valued at $2 billion in 2007 and is expected to reach $2.5 billion in 2012. Total market value is expected to reach nearly $3.2 billion in 2017 after increasing at a compound annual growth rate (CAGR) of 4.8%.
The U.S. market for medical waste can be broken down into three main segments: treatment, containment, and management and disposal services.
The medical waste treatment segment is expected to have a value of $46.4 million in 2012 and $52 million in 2017, a CAGR of 2.3%.
Medical waste containment should total $364.5 million in 2012 and $405 million in 2017, a CAGR of 2.1%.
As a segment, management and disposal of medical waste is expected to reach nearly $2.1 billion in 2012 and $2.7 billion in 2017, a CAGR of 5.3%.
Total health care waste (HCW) is the total amount of waste generated by the industry. This is often referred to as the HCW stream. A large proportion, approximately 75% to 90%, of this waste is similar to typical household waste and is categorized as noninfectious. The noninfectious waste generated from healthcare facilities is referred to as healthcare general waste (HCGW) and consists of materials such as papers and plastics that are not in contact with patients.
The percentage of infectious/regulated medical waste (RMW) is far smaller, at approximately 10% to 25% of the HCW stream. This waste is handled differently, based on the fact that it could pose a threat to the health of others, either by contaminating the environment or through direct contact with an individual. Also, the total stream of healthcare waste would be considered infectious medical waste if it were not sorted. Infectious medical waste is much more expensive to dispose of.
The amount of human regulated medical waste generated in the United States is approximately 2.6 million tons a year. Hospitals and large clinics make up a large portion of the waste stream, while smaller centers such as blood banks, physician's offices, pharmacies, and dental offices make up the rest.
This report will help its readers:
• Determine alternative methods of medical waste treatment due to the increased regulatory requirements for incineration methods and provide an overview of services and containment options utilized by healthcare companies in the United States
• Receive overviews and examples of systems or services on the market
• Forecast the U.S. market size for medical waste treatment, containment, management and disposal in terms of dollar and unit sales.
This report will be valuable to many industry participants, including the following:
• Medical waste treatment providers
• Medical waste disposal facilities
• Medical waste containment specialists
• Academic and research institutions
• Financial institutions.
###
space
space
Satisfied Users & 
Approved Press Releases
Print
Email
Report Spam