India Bio-Medical Waste Management
market is expected to grow at a CAGR of around 8% during 2019 - 2024. With the growing
population in India, the number of patients is also increasing, thereby
resulting in high volume of bio-medical waste generated in the country. Moreover,
the government and several non-government organizations are taking initiatives
for management of bio-medical wastes and compliance with bio-medical waste
management rules, which in turn, is anticipated to drive the bio-medical waste
management market. Additionally, growing awareness regarding the bio-medical
wastes and their safe disposal is further propelling the market.
The India bio-medical waste management market
is segmented based on type of service, treatment site, region
and company. Only 15% of the total waste generated from Health care facilities
(HCFs) is biomedical waste and this waste is hazardous waste. Based on
treatment site, the market can be stated for off-site. The off-site is the only
segment for disposal of biomedical waste.
The major players operating in the Indian
bio-medical waste management market are Medicare Environmental
Management Pvt Limited, Synergy
Waste Management Pvt. Limited, Biotic Waste Solutions Pvt. Limited, Maridi Eco Industries Pvt. Limited, SMS
Water Graca BMW Pvt. Ltd., GreenTech Environ Management Pvt. Ltd., Medicare
Environmental Management Pvt. Ltd., Greenzen Bio Pvt. Ltd., SMS Water Graca BMW Pvt. Limited., Ramky
Enviro Engineers Limited and others.
Years
considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020–2024
Objective of the Study:
- To analyze and forecast the market size of India bio-medical waste
management market.
- To classify and forecast India bio-medical waste management market
based on type of service, treatment site and regional distribution.
- To identify drivers and challenges for India bio-medical waste
management market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in India bio-medical waste
management market.
- To conduct pricing analysis for India bio-medical waste management
market.
- To identify and analyze the profile of leading players operating in
India bio-medical waste management market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of players operating across the country. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the country.
TechSci
Research calculated the market size of India bio-medical waste management market by using a bottom-up approach, wherein
data for various end-user segments was recorded and forecast for the future
years. TechSci Research sourced these values from the industry experts and
company representatives and externally validated through analyzing historical
data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
Key Target Audience:
- Biomedical waste management companies and
other stakeholders
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
bio-medical waste management
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
Report Scope:
In this report, India bio-medical waste
management market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Market, By Services:
- Market, By Treatment Site:
o Off-site
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India bio-medical waste management market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
Detailed analysis and
profiling of additional market players (up to five).
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com