Healthcare activities generates a lot of waste, especially from the frequently used consumables, which are harmful for in-patients and healthy population. Medical waste includes waste generated within research centers and health-care facilities for example, sharps waste, infectious waste, pathological waste, pharmaceutical waste, chemical waste, and radioactive waste. The waste product that are generated by the healthcare activities have higher potential to spread infection and injuries. Inadequate or incorrect handling of medical waste may cause serious public health issues such as HIV, tuberculosis, hepatitis, and other bacterial diseases and also have irreversible impact on the environment.

According to Journal of Hospital Infection, in 2013, around 20% of medical waste cause risks of trauma, infection, chemicals or radiation exposure. Effective medical waste management is crucial for environment and health protection. According to World Health Organization (WHO), in 2015, around 16 million syringes are administrated every year, among which only few are disposed properly, in turn creating risk of injuries and infection. Moreover, UNICEF and WHO collaborated in 2015, launched a global initiative to ensure that all healthcare facilities have proper and adequate water, hygiene, and sanitation services, which also include healthcare waste disposal management. Various strategies are adopted by national and international bodies on the development and implementation on education and training programs for medical staff and patients, emphasizing on proper medical waste management.

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Medical Waste Management Market Taxonomy

By Technique:

• Incineration

• Autoclaving

• Chemical treatment

• Others

Proper medical waste management in developed and emerging economies is expected to fuel growth of the medical waste management market

Government initiatives to support medical waste management is encouraging effective medical waste management. For instance, the Union Ministry of Environment, in 2017, issued a guideline for developing bar codes in the hospitals and clinics in compliance with Bio-medical Waste Managements, rule 2016. This aims to monitor the source of generation of medical waste and its proper disposal, which in turn is expected to control the hazardous effects caused by medical waste. This initiative by the government is expected to propel growth of the medical waste management market in the near future. Training given to the hospital staff to separate and dispose waste properly is critical for the success of such programs or initiatives. Developed regions such as North America and Europe are adopting proper medical waste management. For instance, many hospitals in U.S. have started recycling the single-use products, which are sold back to the hospitals at fraction of the original cost.

Strict rules imposed by government for proper disposal of medical waste is expected to augment medical waste management market growth in the near future

Incineration is the most commonly used method for disposing medical waste, however, it is not a safe procedure as it emits lots of gases, which are responsible for global warming. Environment Protection Agency (EPA) have imposed strict rules regarding incineration due to increasing global warming. Strict rules imposed by government bodies for proper medical waste disposal such as recycling and emission, is increasing the demand for medical waste management. Various non-incineration techniques are used such as autoclave treatment, non-ionization treatment, and some chemical treatment. Government and non-government bodies are working by spreading awareness among masses for proper technique of disposing medical waste in non-hazardous state. The key market players operating in the global medical waste management market include Stericycle, Sharps Compliance, Inc., Veolia Environment, Daniels Sharpsmart, Clean Harbors, Inc., MedWaste Management, Republic Services, and Waste Management.

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Healthcare is an important aspect of life but the procedures involved in maintaining it generates huge amount of waste called bio-medical waste. Proper disposal and management of this waste is very imperative as it can spread contaminated causing diseases carrying pathogens which can be something deadly or highly infectious or hazardous for healthcare workers and patients. Thus, waste management has taken a central place in the global health policies. This has given rise to the global medical waste management market to grow at a CAGR of xx% in the forecast period of 2018 to 2025. In 2015, the medical waste management market was valued at USD xx Bn that will unfold its margin to USD xx Bn by the end of 2025.

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prevalence and incidence of infectious and life style diseases, higher cost of healthcare, rapidly growing population and adoption of novel technologies to treat the diseases are the key elements causing extensive production of medical waste. In response, concerns are arising over employing eco-friendly and safe waste management and treatment process driving the growth of medical waste management industry. However, lack of training for proper disposal and awareness about health hazards coupled with insufficient funds have hampered the market growth.

Process of Managing the Medical Waste

Medical waste needs to be treated with care and caution, not like standard trash tossed into garbage containers. It is a step-by-step process.

Segregation: This process reduces the volume of waste and toxicity, making it easier for waste transportation. The segregation process has three important parameters, composition, quantity and the disposal.

Separating: The medical waste collected from different medical centers, infectious, pathological sharps and waste needs to be deposited in allocated and labeled containers for different type of wastes. Size of containers is proportional to the volume of waste generated at a center.

Packaging and labeling: The next step involves packaging this medical waste in uniform color code and then label the waste.

Common storage: Collect the medical waste from the common storage point and segregate it.

Transportation: Transport the medical waste collected from common storage point to the common Bio-Medical waste treatment facility storage point.

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Treatment: Process of incineration is implemented, includes destruction of waste by burning it as high temperature. First the removal of toxicity is achieved, value of waste decreases and converts to ash. Incineration process gives best results for destruction of pathological and sharp wastes. Another important step is autoclaving process, facilitating in killing infectious material and bacteria in the biomedical waste, it is noninfectious and go for landfill. To destroy waste such as vials, glass, plastics, syringes, blades, scalpels etc., shredding machine is used as it cuts waste into small pieces. This results in unrecognizable waste which is safe for disposal recycling and landfill.

Countries Initiatives for Medical Waste Management

Almost every country around the world is taking efforts towards proper disposal of medical waste which is propelling medical waste management market size. Increased use of disposal items has become one of the major concern for developed countries. On the other hand, developing countries encounter the problem of disposing medical waste and its categorization in the sanitary arena.

United States healthcare facilities discard more than tons of waste, making it third largest source of medical waste in the world. Developing countries major issue is that domestic garbage dumped in open spaces where rag pickers search for reusable scrap and instead comes in contact with toxic materials and stand the risk of suffering from hazardous disease.

In sub-Saharan Africa, cases of burnt-out waste and incinerators are highly faced which led to innumerable of health issues. Developed countries are shipping medical waste to the developing countries to get freed of the menace.

Contribution from Major Key Players for Improving Medical Waste Management

Key players operating the global medical waste management market includes INC., Stericycle, Waste Management, Inc., CLEAN HARBORS, Sharps Compliance, Inc., Republic Services, Inc., Veolia, BioMedical Waste Solutions, LLC., Daniels Health, US Ecology, Inc. and BWS Incorporated. These companies are expanding their services by applying strategies and new service introduction like mail back system which results in augmentation of medical waste management market share. Sharps Compliance, Inc. in 2016 has received approval for its new facility which includes transfer station for pharmaceutical waste and medical waste treatment.

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