The market is segmented by end-user into hospitals, nursing homes, and small clinics. Among these segments, the hospitals segment is projected to grab the highest share of the market by the end of 2021. The growth of the segment can be attributed to the growing need amongst hospitals to lower their medical wastes and the need to lower their cost of procuring different devices used for surgeries and other medical purposes. Moreover, growing concern for single-use medical wastes generated by hospitals, and the stringent regulatory norms of the government of nations to lower the medical wastes are some of the additional factors anticipated to drive the growth of the segment in the coming years.
Our in-depth analysis of the global market includes the following segments
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Author Credits: Radhika Pawar
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