REPORT HIGHLIGHTS
- In 2003, the U.S. medical waste management and services industry was $1.8
billion. Expected to rise at an average annual growth rate (AAGR) of 5.7%,
the market will exceed $2.4 billion in 2008.
- The service market dominates, and has for more than 10 years.
- In 2003, 72.7% of infectious waste management revenue stemmed from the
service market, in part because waste generators became increasingly wary
about investing in on-site technology.
- Rising service fees and increasing numbers of service providers, waste
generating facilities and patients will support growth in the service
market.
- Liquid medical waste management is expected to experience the strongest
growth rate, an AAGR of 10.4%, but only will be 3.5% of the total infectious
waste segment in 2008.
INTRODUCTION
Revenues to the services segment in the medical waste management and disposal
market overshadow those of containment and treatment suppliers. This has many
manufacturers in the latter two categories deploying very unique strategies to
compete successfully. Since the dramatic decline in the use of incineration
treatment, many end users have opted for off-site service until an alternative
technology becomes more widely accepted.
With healthcare facilities in such a state of uncertainty regarding medical
waste management, this BCC market analysis offers direction for the industryfs
future. Demand for reduced infectious waste volumes has inspired creative
opportunities for products that support better medical waste management and
reduced volume. For example, the market is experiencing an increasing use of
reusable sharps containers. Products that support smaller waste volumes or
reduce these volumes are finding exciting growth potential.
This BCC technical market report determines the current status of the U.S.
medical waste management and disposal industry and assesses its growth
potential. Particular focus on the competitive climate between product and
service markets offers insight into the varied strategies market participants
are using to remain viable. Analysis of waste reduction organizations,
regulatory influences, public perception and waste generatorsf behavior and
needs are intended to guide market participants in product and service market
positioning.
The study compiles data on the U.S. medical waste market, including products and
services for waste collection, safe containment, treatment and disposal.
Presented is the medical waste management industry economic environment,
technological descriptions and issues, applications, market factors and
potential, and projected shipments of products and use of services through 2008.
SCOPE OF STUDY
The report contains:
- An overview and analysis of the major types of medical waste containment,
treatment and service offerings
- Current and projected market status and the impact of each product and
service
- Growth forecasts through 2008
- An emerging technologies chapter and discussion of the latest
technological trends for commercialized and developing products
- An international chapter, revealing strategies employed to tap into
overseas opportunities
- Other market strategies and influences guiding industry direction such as
acquisitions, alternative technologies, collaborations and public and
private pressures.
METHODOLOGY
BCC presents an analysis, by each market segment and sub-segment, of the
revenue, shipments, pricing trends and competitive environment. The U.S. Medical
Waste Management and Disposal Markets report analyzes manufacturer and service
provider revenues. The revenues reflect manufacturer and service provider annual
income based on unit shipments, annual reports, business and financial
databases, industry publications and primary research through interviews.
Pricing is based on a weighted average manufacturer or service provider price.
We analyze the potential applications for each technology, and forecast unit
shipments for 2003 and 2008.
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