India Biomedical Waste Management Market, By Service (Recycling & Disposal), By Treatment Site (Offsite), By Region (South, West, North & East), Competition, Forecast & Opportunities, 2024

The Indian Bio-Medical Waste Management Market is expected to reach $ 39 million by 2024. With growing population in the country, the number of patients is also increasing, thereby resulting in high volume of bio-medical waste generated each day. 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 Indian 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 quite hazardous. Based on treatment site, the market is categorized into off-site & on-site segment.

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 the Indian Bio-Medical Waste Management Market.
• To classify and forecast the Indian Bio-Medical Waste Management Market based on type of service, treatment site and regional distribution.
• To identify drivers and challenges for the Indian Bio-Medical Waste Management Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian Bio-Medical Waste Management Market.
• To conduct pricing analysis for the Indian Bio-Medical Waste Management Market.
• To identify and analyze the profile of leading players operating in the Indian Bio-Medical Waste Management Market.

Both primary as well as exhaustive secondary research were performed for this study. Initially, Researchers sourced a list of players operating across the country. Subsequently, They conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the manufacturers, distribution channels and presence of all major players across the country.

The author calculated the market size of the Indian 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. Researchers 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.

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 the market opportunities.

Report Scope:
In this report, the Indian 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:

• Recycling
• Disposal

Market, By Treatment Site:

• Off-site
• On-Site

Market, By Region:

• South
• West
• North
• East

Competitive Landscape

• Company Profiles: Detailed analysis of the major companies present in the Indian Bio-Medical Waste Management Market.

Available Customizations:
With the given market data, the author offers customizations according to a client's specific needs.