Medical Waste Services in Australia - Market Research Report

Medical Waste Services industry trends (2014-2019)

poll Average industry growth 2014–2019: 2.2%

Operators in the Medical Waste Services industry collect, treat and dispose of a range of medical waste produced by medical service organisations in the health sector. Demand for industry services has steadily increased over the past five years, as downstream demand from hospitals and other medical service providers has grown. This trend has principally been due to general population growth, continued demand for medical services, and increased hospital and medical funding from governments. Reduced demand from pharmaceutical companies and governments has had a minor effect on the industry. Industry revenue is expected to increase at an annualised 3.4% over the five years through 2019-20, to reach $507.5 million. The industry has expanded to meet high...
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Medical Waste Services industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Medical Waste Services industry is forecast to continue growing over the next five years. Demand for industry services is expected to remain strong due to stable growth in hospital visits and high demand for medical procedures that produce medical waste. Forecast growth in the incidence of chronic and complex medical conditions requiring treatment, along with the ageing population, are anticipated to support rising volumes of medical waste. Demand for veterinary services is also projected to increase over the next five years. Anticipated advances in surgical and diagnostic procedures provided by veterinary practices are expected to drive this increased activity and therefore boost medical waste volumes. Furthermore, increased government funding f...
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Medical Waste Services industry statistics

  • attach_money Market Size: $501m
  • business Number of Businesses: 189
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 1,840

Biggest companies in the Medical Waste Services industry

The companies holding the largest market share in the Medical Waste Services in Australia industry include Cleanaway Waste Management Limited and Suez Recycling & Recovery Holdings Pty Limited.

  • pie_chart Cleanaway Waste Management Limited Market Share: x.x%
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  • pie_chart Suez Recycling & Recovery Holdings Pty Limited Market Share: x.x%
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What is Medical Waste Services industry?

Industry Definition

Companies in the industry collect, treat and dispose of medical waste. Medical waste is generated from healthcare facilities, including hospitals, clinics, veterinary clinics, dentist offices, research labs and private practices.

Industry Products and Services

  • Medical waste collection services
  • Medical waste treatment services
  • Medical waste disposal services
  • Waste audits and other services
  • All Others

Industry Activities

  • Providing empty receptacles, containers and bins for the collection of medical waste and sharps
  • Collecting medical, clinical, cytotoxic, anatomical, pharmaceutical and sharps waste
  • Treating medical waste through incineration, shredding, sterilisation and other methods
  • Disposing of treated medical waste through landfill and other methods
  • Providing other medical waste services, such as waste audits and medical records destruction

Market research report - table of contents

Industry Definition

Companies in the industry collect, treat and dispose of medical waste. Medical waste is generated from healthcare facilities, including hospitals, clinics, veterinary clinics, dentist offices, research labs and private practices.

Main Activities

  • Providing empty receptacles, containers and bins for the collection of medical waste and sharps
  • Collecting medical, clinical, cytotoxic, anatomical, pharmaceutical and sharps waste
  • Treating medical waste through incineration, shredding, sterilisation and other methods
  • Disposing of treated medical waste through landfill and other methods
  • Providing other medical waste services, such as waste audits and medical records destruction

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Hospitals are major healthcare providers that produce high waste volumes. The industry collects, treats and disposes of this waste. Growth in hospital out...
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Demand from hospitals
Demand from medical and other health care services
Road freight service price
Capital expenditure by state and local government

Current Performance

Industry performance
Industry participation
 Chart: Revenue Growth

Industry Outlook

Industry profit and participation
Other industry trends
 Table: Medical Waste Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Medical Waste Services in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

General Hospitals in Australia
Nursing Homes in Australia
General Practice Medical Services in Australia
Dental Services in Australia
Pathology Services in Australia
Other Health Services in Australia
Pharmaceuticals Wholesaling in Australia

Key Selling Industries

Fibreglass Product Manufacturing in Australia
Mining and Industrial Machinery Wholesaling in Australia
Commercial Vehicle Wholesaling in Australia




Products & Services

Medical Waste Services industry firms provide services to collect, treat and dispose of a range of medical waste products. The industry also provides othe...
Other medical service providers
Private hospitals
Medical centres
Pathology service providers
Dental service providers
Government and other non-medical sectors
Pharmaceutical companies

Demand Determinants

Hospitals and medical services providers, such as pathologists, dentists and GPs, drive industry demand. The number of people treated each year and the ty...
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Major Markets

Other medical service providers
Private hospitals
Medical centres
Pathology service providers
Dental service providers
Government and other non-medical sectors
Pharmaceutical companies
 Chart: Major Market Segmentation for the Medical Waste Services in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Medical Waste Services industry exhibits a low concentration level, with the four largest firms accounting for less than 40% of revenue in the current...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Medical Waste Services in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Medical Waste Services in Australia - Market Research Report Industry

Industry Globalization

Cleanaway Waste Management Limited (Cleanaway) is a large waste collection and disposal company headquartered in Melbourne. The company was called Transpa...
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Cleanaway Waste Management

 Table: Cleanaway Waste Management - financial performance

Suez

 Table: Suez - financial performance

Capital Intensity

The Medical Waste Services industry exhibits a moderate level of capital intensity. Labour is used across the industry to carry out medical waste collecti...
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 Chart: Level of Capital Intensity for the Medical Waste Services in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Medical Waste Services in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

AUTOCLAVE

CYTOTOXIC WASTE

MATRIX TREATMENT

MEDICAL WASTE

SHARPS

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Medical Waste Services industry?

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This report on Medical Waste Services in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Medical Waste Services in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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