GCC Healthcare Waste Management Market to Witness Rapid Expansion at 14% CAGR by 2028

The GCC Healthcare Waste Management Market is expected to grow at a CAGR of 14% during the forecast period, i.e., 2023-28, says MarkNtel Advisors in their research report. According to WHO, Hospital-Associated Infections (HAIs) harm nearly 5% of hospitalized patients. Besides, improper waste management can cause environmental pollution and an increase of vectors like insects and worms. Therefore, the need for a healthcare waste management system is rising dramatically across the GCC nations.

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CC Healthcare Waste Management Market Segmentation Analysis:

By Type of Waste (Hazardous, Non-Hazardous)
By Treatment Type (Chemical, Incineration, Autoclaving)
By Services (Collection, Transportation & Storage, Recycling, Treatment & Disposal)
By Treatment Site (Onsite, Offsite)
By End Users ((Hospitals, Clinics, & Medical Research Institutes), Laboratories. Pharmaceutical companies, Blood Banks, Others)
By Country (UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait.

Non-Hazardous Waste Acquired the Largest Share of GCC Healthcare Waste Management Market

Based on the Type of Waste, the market segments into Hazardous and Non-Hazardous. Of both, Non-Hazardous waste accounted for the largest share of the market in the past few years. Non-Hazardous waste includes plastics, glass, packaging waste, and other building waste. The healthcare sector in the GCC is witnessing rapid growth, which, in turn, aids the generation of healthcare waste from various end-users like hospitals, clinics, and research laboratories. Hence, the demand for a healthcare waste management system to treat non-hazardous waste is significantly high.

Saudi Arabia Dominated the GCC Healthcare Waste Management Market

Saudi Arabia dominated the largest share of the GCC Healthcare Waste Management Market during the previous few years. According to conservative estimates, Saudi Arabia generates around 80 tons of medical waste every day. A rapidly growing population in the country leads to a large volume of medical waste produced, thereby aiding the demand for an efficient healthcare waste management system, reveals MarkNtel Advisors in their research report”

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Key Market Competitors:

According to MarkNtel Advisors, the leading industry players in the market are Remondis Medison GmbH, Suez Environment S.A, Veolia Environment S.A., Averda, SEPCO Environment, Saudi Investment Recycling Company, Others.

Key Questions Answered in the Study

What are the current and future trends in the GCC Healthcare Waste Management market?
How has the industry been evolving in terms of geography and services adoption?
How has the competition been shaping across the GCC, followed by their comparative factorial indexing?
What are the key growth drivers and challenges for the GCC Healthcare Waste Management market?
What are the customer orientation, purchase behavior, and expectations from the Healthcare Waste Management service providers across GCC nations?

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