Europe Medical Waste Management Market will cross USD 7,408.83 million by 2025. It was valued at USD 5,040.64 million in 2017. The market is growing at a CAGR of 5.1% in the forecast period 2018 to 2025.
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Europe Medical Waste Management Market, By Type of Waste (Hazardous Waste, Non-Hazardous Waste), Service Type (Collection, Transportation, & Storage, Treatment & Disposal, Recycling, Others), Treatment Type (Incineration, Autoclaving, Chemical Treatment, Irradiative, Biological, Others), Treatment Site (Offsite, Onsite), Category (Controlled, Uncontrolled), Source of Generation (Hospitals, Physician Offices, Clinical Laboratories, Manufacturers, Reverse Distributors), By Country (Germany, United Kingdom, France, Spain, Italy, Russia, Turkey, Belgium, Nether lands, Switzerland, Rest of Europe)
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Key Points of Europe Medical Waste Management Market:
- In 2017, the Europe medical waste management market is dominated by SUEZ by with market share of 29.5%, followed by Veolia 21.9%, Stericycle 17.5% and REMONDIS AG & Co. KG. 10.7%
- The infectious & pathological waste segment is dominating the Europe medical waste management market.
- The recycling segment is expected to grow with the highest CAGR of 5.8% in the forecast period 2018 to 2025.
The major factors driving the growth of this market are rise in generation of healthcare waste, growing healthcare industry, importance of medical waste management, eco-friendly waste management procedures and growing government initiatives. On the other hand lack of awareness about health hazards and lack of skilled professionals for proper disposal may hinder the growth of the Europe medical waste management market.
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Segmentation of Europe Medical Waste Management Market:
- The Europe medical waste management market is segmented based on type of waste into two notable segments; hazardous waste and non-hazardous waste. In 2018, non-hazardous segment is estimated to rule with 85.8% shares and will cross USD 6,401.39 million by 2025, rising at the CAGR of 5.2%. Hazardous waste is sub segmented into infectious & pathological waste, pharmaceutical waste, sharps and others.
- The Europe medical waste management market is segmented based on service type into four notable segments; collection, transportation and storage, treatment and disposal, recycling and others. In 2018, collection, transportation and storage is estimated to rule with 64.7% shares and will cross USD 4,763.07 million by 2025, rising at the CAGR of 5.0%. However, recycling is expected to grow at the highest CAGR of 5.8% in the forecast period and is expected to reach USD 478.60 million in 2025 from USD 307.86 million in 2017.
- The Europe medical waste management market is segmented based on treatment type into six notable segments; incineration, autoclaving, chemical treatment, irradiative, biological and others. In 2018, Incineration segment is estimated to rule with 60.8% shares and will cross USD 4,624.89 million by 2025, rising at the CAGR of 5.5%.
- The Europe medical waste management market is segmented based on treatment site into two notable segments; offsite and onsite. In 2018, offsite segment is estimated to rule with 80.7% shares and will cross USD 6,032.89 million by 2025, rising at the CAGR of 5.2%. Offsite service type is sub segmented into collection, transportation and storage, treatment and disposal, recycling and others. In 2018, collection, transportation, & storage segment is estimated to rule with 67.2% shares and will cross USD 4,022.96 million by 2025, rising at the CAGR of 5.1%. However, recycling is expected to grow at the highest CAGR of 5.9% in the forecast period, and is expected to reach USD 374.40 million in 2025 from USD 239.27 million in 2017. Onsite service type is sub segmented into collection, treatment & disposal, recycling and others. In 2018, collection segment is estimated to rule with 52.8% shares and will cross USD 714.88 million by 2025, rising at the CAGR of 4.3%. However, recycling is expected to grow at the highest CAGR of 5.3% in the forecast period, and is expected to reach USD 168.84 million in 2025 from USD 113.33 million in 2017.
- The Europe medical waste management market is segmented based on category into two notable segments; controlled and uncontrolled. In 2018, controlled segment is estimated to rule with 91.0% shares and will cross USD 6,796.76 million by 2025, rising at the CAGR of 5.2%.
- The Europe medical waste management market is segmented based on source of generation into five notable segments; hospitals, physician offices, clinical laboratories, manufacturers and reverse distributors. In 2018, hospitals segment is estimated to rule with 63.9% shares and will cross USD 4,830.25 million by 2025, rising at the CAGR of 5.4%.
- Based on country, the market is segmented into 11 countries Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Netherlands, Russia and Rest of Europe. The Germany is expected to dominate the market with 22.5% share in 2018 and U.K. is growing with the highest CAGR of 6.2% in the forecast period of 2018-2025.
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Key Drivers of Europe Medical Waste Management Market:
The major factors driving the growth of this market are rise in generation of healthcare waste, growing healthcare industry, importance of medical waste management, eco-friendly waste management procedures and growing government initiatives. On the other hand lack of awareness about health hazards and lack of skilled professionals for proper disposal may hinder the growth of the Europe medical waste management market.
Table of Contents:
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF EUROPE MEDICAL WASTE MANAGEMENT MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHIC SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 RESEARCH METHODOLOGY
2.6 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7 SECONDARY SOURCES
2.8 ASSUMPTIONS
3 MARKET OVERVIEW
3.1 DRIVERS
3.1.1 RISE IN GENERATION OF HEALTHCARE WASTE
3.1.2 GROWING HEALTHCARE INDUSTRY
3.1.3 IMPORTANCE OF MEDICAL WASTE MANAGEMENT
3.1.4 ECO FRIENDLY WASTE MANAGEMENT PROCEDURES
3.1.5 GROWING GOVERNMENT INITIATIVES
3.1.6 REGULATIONS FOR MEDICAL WASTE DISPOSAL
3.2 RESTRAINTS
3.2.1 LACK OF AWARENESS ABOUT HEALTH HAZARDS
3.2.2 LACK OF SKILLED PROFESSIONALS FOR PROPER DISPOSAL
3.3 OPPORTUNITIES
3.3.1 INCREASING HEALTHCARE EXPENDITURE
3.4 CHALLENGES
3.4.1 HIGH INVESTMENT IN IMPLEMENTATION OF WASTE MANAGEMENT
4 EXECUTIVE SUMMARY
5 EUROPE MEDICAL WASTE MANAGEMENT MARKET, BY TYPE OF WASTE
5.1 OVERVIEW
5.2 HAZARDOUS WASTE
5.2.1 INFECTIOUS & PATHOLOGICAL WASTE
5.2.2 PHARMACEUTICAL WASTE
5.2.3 SHARPS
5.3 NON-HAZARDOUS WASTE
6 EUROPE MEDICAL WASTE MANAGEMENT MARKET, BY SERVICE TYPE
6.1 OVERVIEW
6.2 COLLECTION, TRANSPORTATION, & STORAGE
6.3 TREATMENT & DISPOSAL
6.4 RECYCLING
6.5 OTHERS
7 EUROPE MEDICAL WASTE MANAGEMENT MARKET, BY TREATMENT TYPE
7.1 OVERVIEW
7.2 INCINERATION
7.3 AUTOCLAVING
7.4 CHEMICAL TREATMENT
7.5 IRRADIATIVE
7.6 BIOLOGICAL
7.7 OTHERS
8 EUROPE MEDICAL WASTE MANAGEMENT MARKET, BY TREATMENT SITE
8.1 OVERVIEW
8.2 OFFSITE
8.2.1 COLLECTION, TRANSPORTATION, & STORAGE
8.2.2 TREATMENT & DISPOSAL
8.2.3 RECYCLING
8.2.4 OTHERS
8.3 ONSITE
8.3.1 COLLECTION
8.3.2 TREATMENT & DISPOSAL
8.3.3 RECYCLING
8.3.4 OTHERS
9 EUROPE MEDICAL WASTE MANAGEMENT MARKET, BY CATEGORY
9.1 OVERVIEW
9.2 CONTROLLED
9.3 UNCONTROLLED
10 EUROPE MEDICAL WASTE MANAGEMENT MARKET, BY SOURCE OF GENERATION
10.1 OVERVIEW
10.2 HOSPITAL
10.3 PHYSICIAN OFFICES
10.4 CLINICAL LABORATORIES
10.5 REVERSE DISTRIBUTORS
10.6 MANUFACTURERS
11 EUROPE MEDICAL WASTE MANAGEMENT MARKET, BY GEOGRAPHY
11.1 EUROPE
11.1.1 GERMANY
11.1.2 FRANCE
11.1.3 U.K.
11.1.4 ITALY
11.1.5 SPAIN
11.1.6 SWITZERLAND
11.1.7 NETHERLAND
11.1.8 TURKEY
11.1.9 BELGIUM
11.1.10 RUSSIA
11.1.11 REST OF EUROPE
12 EUROPE MEDICAL WASTE MANAGEMENT MARKET, COMPANY LANDSCAPE
12.1 COMPANY SHARE ANALYSIS: EUROPE
13 COMPANY PROFILES
13.1 STERICYCLE
13.1.1 COMPANY OVERVIEW
13.1.2 REVENUE ANALYSIS: STERICYCLE
13.1.3 PRODUCT PORTFOLIO
13.1.4 RECENT DEVELOPMENTS
13.2 SUEZ
13.2.1 COMPANY OVERVIEW
13.2.2 REVENUE ANALYSIS: SUEZ
13.2.3 PRODUCT PORTFOLIO
13.2.4 RECENT DEVELOPMENTS
13.3 CLEAN HARBORS, INC.
13.3.1 COMPANY OVERVIEW
13.3.2 REVENUE ANALYSIS: CLEAN HARBORS, INC.
13.3.3 PRODUCT PORTFOLIO
13.3.4 RECENT DEVELOPMENTS
13.4 VEOLIA
13.4.1 COMPANY OVERVIEW
13.4.2 REVENUE ANALYSIS: VEOLIA
13.4.3 PRODUCT PORTFOLIO
13.4.4 RECENT DEVELOPMENTS
13.5 BIOMEDICAL WASTE SOLUTIONS, LLC.
13.5.1 COMPANY OVERVIEW
13.5.2 COMPANY SNAPSHOT: BIOMEDICAL WASTE SOLUTIONS, LLC.
13.5.3 PRODUCT PORTFOLIO
13.5.4 RECENT DEVELOPMENTS
13.6 REMONDIS SE & CO. KG
13.6.1 COMPANY OVERVIEW
13.6.2 COMPANY SNAPSHOT: REMONDIS SE & CO. KG
13.6.3 PRODUCT PORTFOLIO
13.6.4 RECENT DEVELOPMENTS
13.7 SHARPS COMPLIANCE, INC.
13.7.1 COMPANY OVERVIEW
13.7.2 REVENUE ANALYSIS: SHARPS COMPLIANCE, INC.
13.7.3 PRODUCT PORTFOLIO
13.7.4 RECENT DEVELOPMENTS
13.8 WASTE MANAGEMENT, INC.
13.8.1 COMPANY OVERVIEW
13.8.2 REVENUE ANALYSIS: WASTE MANAGEMENT, INC.
13.8.3 PRODUCT PORTFOLIO
13.8.4 RECENT DEVELOPMENTS
13.9 DANIELS SHARPSMART
13.9.1 COMPANY OVERVIEW
13.9.2 COMPANY SNAPSHOT: DANIELS SHARPSMART
13.9.3 PRODUCT PORTFOLIO
13.9.4 RECENT DEVELOPMENTS
13.10 TRIUMVIRATE ENVIRONMENTAL
13.10.1 COMPANY OVERVIEW
13.10.2 COMPANY SNAPSHOT: TRIUMVIRATE ENVIRONMENTAL
13.10.3 PRODUCT PORTFOLIO
13.10.4 RECENT DEVELOPMENTS
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