Healthcare services are growing in demand due to an aging US population and rapid technology innovation. As this sector grows, so does the need for medical waste disposal. More hospitals will increasingly outsource waste disposal services, driving industry demand. Nevertheless, competition will remain high, with major player Stericycle increasing its market share through acquisitions.
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.