Medical Waste Management Market Revenue Analysis & Region and Country Forecast To 2030
The global medical waste management market size reached USD 9.16 Billion in 2021 and is expected to register a revenue CAGR of 5.2% during the forecast period, according to the latest analysis by Emergen Research. Increase in the volume of medical waste is driving market revenue growth. The World Health Organization (WHO) estimates that 85% of waste created in the healthcare industry is general and non-hazardous waste. The remaining 15% consists of hazardous waste, which may be infectious, radioactive, or chemically toxic to the environment. The pharmaceutical sector is rapidly developing revolutionary production procedures for pharmaceuticals and medical equipment. Furthermore, the market's expansion is mirrored in the efficient supply of stocks necessary for the day-to-day operations of...