Medical Waste Tracking Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Medical Waste Tracking Market covers analysis By Site (Onsite Treatment, and Offsite Treatment); Type of Waste (Hazardous Medical Waste, and Non-Hazardous Medical Waste); Treatment (Autoclaving, Incineration, and Other Treatments); Service Type (Collection, Transportation and Storage, Disposal, Recycling, and Other Services), and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPMD00002579
  • Category : Medical Device
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

New medical waste management systems have evolved and been used as a result of regulatory agencies enacting new regulations and emission standards. Incineration has been the most popular method of medical waste disposal. Government agencies such as the FDA, EPA, and DEA are continually working to ensure that hazardous medical waste is properly managed in order to guarantee public safety. In addition, NGOs and community-based organisations (CBOs) such as Intervol are actively collecting, recycling, and disposing of medical waste.

MARKET SCOPE

The "Global Medical Waste Tracking Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of the medical waste tracking market with detailed market segmentation by site, type of waste, treatment, service type, and geography. The report provides key statistics on the market status of the leading medical waste tracking market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION

  •   Based on site, the market is bifurcated into onsite treatment, and offsite treatment
  •   Based on type of waste, the market is bifurcated into hazardous medical waste, and non-hazardous medical waste
  •   Based on treatment, the market is bifurcated into autoclaving, incineration, other treatments
  •   Based on service type, the market is bifurcated into collection, transportation and storage, disposal, recycling, and other services

MARKET DYNAMICS
Drivers:

  •   Growing Geriatric and Obese Populations
  •   Increasing Volume of Healthcare Waste

Restraints

  •   High Capital Investments

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The medical waste tracking market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the medical waste tracking market in these regions.

IMPACT OF COVID-19 ON MEDICAL WASTE TRACKING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The medical waste tracking market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the medical waste tracking market in these regions.

IMPACT OF COVID-19 ON MEDICAL WASTE TRACKING MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the medical waste tracking market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from medical waste tracking market are anticipated to lucrative growth opportunities in the future with the rising demand for medical waste tracking in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the medical waste tracking market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   BWS Incorporated
  •   Sharps Compliance, Inc.
  •   CLEAN HARBORS, INC.
  •   BioMedical Waste Solutions, LLC
  •   EcoMed Services
  •   GIC Medical Disposal
  •   Veolia
  •   Sanpro Medical Waste Disposal
  •   Casella Waste Systems, Inc.
  •   Daniels Health

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Medical Waste Tracking Market - By Site
1.3.2 Medical Waste Tracking Market - By Type of Waste
1.3.3 Medical Waste Tracking Market - By Treatment
1.3.4 Medical Waste Tracking Market - By Service Type
1.3.5 Medical Waste Tracking Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MEDICAL WASTE TRACKING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MEDICAL WASTE TRACKING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MEDICAL WASTE TRACKING MARKET - GLOBAL MARKET ANALYSIS
6.1. MEDICAL WASTE TRACKING - GLOBAL MARKET OVERVIEW
6.2. MEDICAL WASTE TRACKING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MEDICAL WASTE TRACKING MARKET - REVENUE AND FORECASTS TO 2028 - SITE
7.1. OVERVIEW
7.2. SITE MARKET FORECASTS AND ANALYSIS
7.3. ONSITE TREATMENT
7.3.1. Overview
7.3.2. Onsite Treatment Market Forecast and Analysis
7.4. OFFSITE TREATMENT
7.4.1. Overview
7.4.2. Offsite Treatment Market Forecast and Analysis
8. MEDICAL WASTE TRACKING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE OF WASTE
8.1. OVERVIEW
8.2. TYPE OF WASTE MARKET FORECASTS AND ANALYSIS
8.3. HAZARDOUS MEDICAL WASTE
8.3.1. Overview
8.3.2. Hazardous Medical Waste Market Forecast and Analysis
8.4. NON-HAZARDOUS MEDICAL WASTE
8.4.1. Overview
8.4.2. Non-Hazardous Medical Waste Market Forecast and Analysis
9. MEDICAL WASTE TRACKING MARKET - REVENUE AND FORECASTS TO 2028 - TREATMENT
9.1. OVERVIEW
9.2. TREATMENT MARKET FORECASTS AND ANALYSIS
9.3. AUTOCLAVING
9.3.1. Overview
9.3.2. Autoclaving Market Forecast and Analysis
9.4. INCINERATION
9.4.1. Overview
9.4.2. Incineration Market Forecast and Analysis
9.5. OTHER TREATMENTS
9.5.1. Overview
9.5.2. Other Treatments Market Forecast and Analysis
10. MEDICAL WASTE TRACKING MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE TYPE
10.1. OVERVIEW
10.2. SERVICE TYPE MARKET FORECASTS AND ANALYSIS
10.3. COLLECTION
10.3.1. Overview
10.3.2. Collection Market Forecast and Analysis
10.4. TRANSPORTATION AND STORAGE
10.4.1. Overview
10.4.2. Transportation and Storage Market Forecast and Analysis
10.5. DISPOSAL
10.5.1. Overview
10.5.2. Disposal Market Forecast and Analysis
10.6. RECYCLING
10.6.1. Overview
10.6.2. Recycling Market Forecast and Analysis
10.7. OTHER SERVICES
10.7.1. Overview
10.7.2. Other Services Market Forecast and Analysis
11. MEDICAL WASTE TRACKING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Medical Waste Tracking Market Overview
11.1.2 North America Medical Waste Tracking Market Forecasts and Analysis
11.1.3 North America Medical Waste Tracking Market Forecasts and Analysis - By Site
11.1.4 North America Medical Waste Tracking Market Forecasts and Analysis - By Type of Waste
11.1.5 North America Medical Waste Tracking Market Forecasts and Analysis - By Treatment
11.1.6 North America Medical Waste Tracking Market Forecasts and Analysis - By Service Type
11.1.7 North America Medical Waste Tracking Market Forecasts and Analysis - By Countries
11.1.7.1 United States Medical Waste Tracking Market
11.1.7.1.1 United States Medical Waste Tracking Market by Site
11.1.7.1.2 United States Medical Waste Tracking Market by Type of Waste
11.1.7.1.3 United States Medical Waste Tracking Market by Treatment
11.1.7.1.4 United States Medical Waste Tracking Market by Service Type
11.1.7.2 Canada Medical Waste Tracking Market
11.1.7.2.1 Canada Medical Waste Tracking Market by Site
11.1.7.2.2 Canada Medical Waste Tracking Market by Type of Waste
11.1.7.2.3 Canada Medical Waste Tracking Market by Treatment
11.1.7.2.4 Canada Medical Waste Tracking Market by Service Type
11.1.7.3 Mexico Medical Waste Tracking Market
11.1.7.3.1 Mexico Medical Waste Tracking Market by Site
11.1.7.3.2 Mexico Medical Waste Tracking Market by Type of Waste
11.1.7.3.3 Mexico Medical Waste Tracking Market by Treatment
11.1.7.3.4 Mexico Medical Waste Tracking Market by Service Type
11.2. EUROPE
11.2.1 Europe Medical Waste Tracking Market Overview
11.2.2 Europe Medical Waste Tracking Market Forecasts and Analysis
11.2.3 Europe Medical Waste Tracking Market Forecasts and Analysis - By Site
11.2.4 Europe Medical Waste Tracking Market Forecasts and Analysis - By Type of Waste
11.2.5 Europe Medical Waste Tracking Market Forecasts and Analysis - By Treatment
11.2.6 Europe Medical Waste Tracking Market Forecasts and Analysis - By Service Type
11.2.7 Europe Medical Waste Tracking Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Medical Waste Tracking Market
11.2.7.1.1 Germany Medical Waste Tracking Market by Site
11.2.7.1.2 Germany Medical Waste Tracking Market by Type of Waste
11.2.7.1.3 Germany Medical Waste Tracking Market by Treatment
11.2.7.1.4 Germany Medical Waste Tracking Market by Service Type
11.2.7.2 France Medical Waste Tracking Market
11.2.7.2.1 France Medical Waste Tracking Market by Site
11.2.7.2.2 France Medical Waste Tracking Market by Type of Waste
11.2.7.2.3 France Medical Waste Tracking Market by Treatment
11.2.7.2.4 France Medical Waste Tracking Market by Service Type
11.2.7.3 Italy Medical Waste Tracking Market
11.2.7.3.1 Italy Medical Waste Tracking Market by Site
11.2.7.3.2 Italy Medical Waste Tracking Market by Type of Waste
11.2.7.3.3 Italy Medical Waste Tracking Market by Treatment
11.2.7.3.4 Italy Medical Waste Tracking Market by Service Type
11.2.7.4 Spain Medical Waste Tracking Market
11.2.7.4.1 Spain Medical Waste Tracking Market by Site
11.2.7.4.2 Spain Medical Waste Tracking Market by Type of Waste
11.2.7.4.3 Spain Medical Waste Tracking Market by Treatment
11.2.7.4.4 Spain Medical Waste Tracking Market by Service Type
11.2.7.5 United Kingdom Medical Waste Tracking Market
11.2.7.5.1 United Kingdom Medical Waste Tracking Market by Site
11.2.7.5.2 United Kingdom Medical Waste Tracking Market by Type of Waste
11.2.7.5.3 United Kingdom Medical Waste Tracking Market by Treatment
11.2.7.5.4 United Kingdom Medical Waste Tracking Market by Service Type
11.2.7.6 Rest of Europe Medical Waste Tracking Market
11.2.7.6.1 Rest of Europe Medical Waste Tracking Market by Site
11.2.7.6.2 Rest of Europe Medical Waste Tracking Market by Type of Waste
11.2.7.6.3 Rest of Europe Medical Waste Tracking Market by Treatment
11.2.7.6.4 Rest of Europe Medical Waste Tracking Market by Service Type
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Medical Waste Tracking Market Overview
11.3.2 Asia-Pacific Medical Waste Tracking Market Forecasts and Analysis
11.3.3 Asia-Pacific Medical Waste Tracking Market Forecasts and Analysis - By Site
11.3.4 Asia-Pacific Medical Waste Tracking Market Forecasts and Analysis - By Type of Waste
11.3.5 Asia-Pacific Medical Waste Tracking Market Forecasts and Analysis - By Treatment
11.3.6 Asia-Pacific Medical Waste Tracking Market Forecasts and Analysis - By Service Type
11.3.7 Asia-Pacific Medical Waste Tracking Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Medical Waste Tracking Market
11.3.7.1.1 Australia Medical Waste Tracking Market by Site
11.3.7.1.2 Australia Medical Waste Tracking Market by Type of Waste
11.3.7.1.3 Australia Medical Waste Tracking Market by Treatment
11.3.7.1.4 Australia Medical Waste Tracking Market by Service Type
11.3.7.2 China Medical Waste Tracking Market
11.3.7.2.1 China Medical Waste Tracking Market by Site
11.3.7.2.2 China Medical Waste Tracking Market by Type of Waste
11.3.7.2.3 China Medical Waste Tracking Market by Treatment
11.3.7.2.4 China Medical Waste Tracking Market by Service Type
11.3.7.3 India Medical Waste Tracking Market
11.3.7.3.1 India Medical Waste Tracking Market by Site
11.3.7.3.2 India Medical Waste Tracking Market by Type of Waste
11.3.7.3.3 India Medical Waste Tracking Market by Treatment
11.3.7.3.4 India Medical Waste Tracking Market by Service Type
11.3.7.4 Japan Medical Waste Tracking Market
11.3.7.4.1 Japan Medical Waste Tracking Market by Site
11.3.7.4.2 Japan Medical Waste Tracking Market by Type of Waste
11.3.7.4.3 Japan Medical Waste Tracking Market by Treatment
11.3.7.4.4 Japan Medical Waste Tracking Market by Service Type
11.3.7.5 South Korea Medical Waste Tracking Market
11.3.7.5.1 South Korea Medical Waste Tracking Market by Site
11.3.7.5.2 South Korea Medical Waste Tracking Market by Type of Waste
11.3.7.5.3 South Korea Medical Waste Tracking Market by Treatment
11.3.7.5.4 South Korea Medical Waste Tracking Market by Service Type
11.3.7.6 Rest of Asia-Pacific Medical Waste Tracking Market
11.3.7.6.1 Rest of Asia-Pacific Medical Waste Tracking Market by Site
11.3.7.6.2 Rest of Asia-Pacific Medical Waste Tracking Market by Type of Waste
11.3.7.6.3 Rest of Asia-Pacific Medical Waste Tracking Market by Treatment
11.3.7.6.4 Rest of Asia-Pacific Medical Waste Tracking Market by Service Type
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Medical Waste Tracking Market Overview
11.4.2 Middle East and Africa Medical Waste Tracking Market Forecasts and Analysis
11.4.3 Middle East and Africa Medical Waste Tracking Market Forecasts and Analysis - By Site
11.4.4 Middle East and Africa Medical Waste Tracking Market Forecasts and Analysis - By Type of Waste
11.4.5 Middle East and Africa Medical Waste Tracking Market Forecasts and Analysis - By Treatment
11.4.6 Middle East and Africa Medical Waste Tracking Market Forecasts and Analysis - By Service Type
11.4.7 Middle East and Africa Medical Waste Tracking Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Medical Waste Tracking Market
11.4.7.1.1 South Africa Medical Waste Tracking Market by Site
11.4.7.1.2 South Africa Medical Waste Tracking Market by Type of Waste
11.4.7.1.3 South Africa Medical Waste Tracking Market by Treatment
11.4.7.1.4 South Africa Medical Waste Tracking Market by Service Type
11.4.7.2 Saudi Arabia Medical Waste Tracking Market
11.4.7.2.1 Saudi Arabia Medical Waste Tracking Market by Site
11.4.7.2.2 Saudi Arabia Medical Waste Tracking Market by Type of Waste
11.4.7.2.3 Saudi Arabia Medical Waste Tracking Market by Treatment
11.4.7.2.4 Saudi Arabia Medical Waste Tracking Market by Service Type
11.4.7.3 U.A.E Medical Waste Tracking Market
11.4.7.3.1 U.A.E Medical Waste Tracking Market by Site
11.4.7.3.2 U.A.E Medical Waste Tracking Market by Type of Waste
11.4.7.3.3 U.A.E Medical Waste Tracking Market by Treatment
11.4.7.3.4 U.A.E Medical Waste Tracking Market by Service Type
11.4.7.4 Rest of Middle East and Africa Medical Waste Tracking Market
11.4.7.4.1 Rest of Middle East and Africa Medical Waste Tracking Market by Site
11.4.7.4.2 Rest of Middle East and Africa Medical Waste Tracking Market by Type of Waste
11.4.7.4.3 Rest of Middle East and Africa Medical Waste Tracking Market by Treatment
11.4.7.4.4 Rest of Middle East and Africa Medical Waste Tracking Market by Service Type
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Medical Waste Tracking Market Overview
11.5.2 South and Central America Medical Waste Tracking Market Forecasts and Analysis
11.5.3 South and Central America Medical Waste Tracking Market Forecasts and Analysis - By Site
11.5.4 South and Central America Medical Waste Tracking Market Forecasts and Analysis - By Type of Waste
11.5.5 South and Central America Medical Waste Tracking Market Forecasts and Analysis - By Treatment
11.5.6 South and Central America Medical Waste Tracking Market Forecasts and Analysis - By Service Type
11.5.7 South and Central America Medical Waste Tracking Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Medical Waste Tracking Market
11.5.7.1.1 Brazil Medical Waste Tracking Market by Site
11.5.7.1.2 Brazil Medical Waste Tracking Market by Type of Waste
11.5.7.1.3 Brazil Medical Waste Tracking Market by Treatment
11.5.7.1.4 Brazil Medical Waste Tracking Market by Service Type
11.5.7.2 Argentina Medical Waste Tracking Market
11.5.7.2.1 Argentina Medical Waste Tracking Market by Site
11.5.7.2.2 Argentina Medical Waste Tracking Market by Type of Waste
11.5.7.2.3 Argentina Medical Waste Tracking Market by Treatment
11.5.7.2.4 Argentina Medical Waste Tracking Market by Service Type
11.5.7.3 Rest of South and Central America Medical Waste Tracking Market
11.5.7.3.1 Rest of South and Central America Medical Waste Tracking Market by Site
11.5.7.3.2 Rest of South and Central America Medical Waste Tracking Market by Type of Waste
11.5.7.3.3 Rest of South and Central America Medical Waste Tracking Market by Treatment
11.5.7.3.4 Rest of South and Central America Medical Waste Tracking Market by Service Type
12. IMPACT OF COVID-19 PANDEMIC ON GLOBAL MEDICAL WASTE TRACKING MARKET
12.1 North America
12.2 Europe
12.3 Asia-Pacific
12.4 Middle East and Africa
12.5 South and Central America
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. MEDICAL WASTE TRACKING MARKET, KEY COMPANY PROFILES
14.1. BWS INCORPORATED
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. SHARPS COMPLIANCE, INC.
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. CLEAN HARBORS, INC.
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. BIOMEDICAL WASTE SOLUTIONS, LLC
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. ECOMED SERVICES
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. GIC MEDICAL DISPOSAL
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. VEOLIA
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. SANPRO MEDICAL WASTE DISPOSAL
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. CASELLA WASTE SYSTEMS, INC.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. DANIELS HEALTH
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
The List of Companies

1. BWS Incorporated
2. Sharps Compliance, Inc.
3. CLEAN HARBORS, INC.
4. BioMedical Waste Solutions, LLC
5. EcoMed Services
6. GIC Medical Disposal
7. Sanpro Medical Waste Disposal
8. Casella Waste Systems, Inc.
9. Daniels Health
10. Stericycle
11. Veolia Environment S.A.
12. EPCO
13. Triumvirate Environmental
14. Gamma Waste Services
15. GRP & Associates
16. BioMedical Waste Solutions, LLC
17. REMONDIS AG & Co. KG
18. Suez Environement
19. MedPro Disposal
20. BWS Incorporated

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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