Laying waste: Increasing demand from hospitals drives industry growth

IBISWorld’s Medical Waste Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Threats & Opportunities

  • Downward pressure on pricing will cause industry profit to decline

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    Industry Analysis & Industry Trends

    Medical waste service providers 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 has 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 only had a minor effect on the industry.

    As a result of continued growth in the medical sector, and despite extensive industry regulatory requirements, more firms have entered the industry over the past five years...

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    What is the Medical Waste Services industry?

    Medical waste service companies tend to be located close to hospital and medical centre locations. In major cities, industry firms are located near many clients, which reduces marginal travelling distances and provides an opportunity for companies to optimise transport and logistical systems. This includes having a vehicle fleet to collect medical waste from various locations, and delivering the waste to a centralised location for treatment. In turn, this treated waste may be disposed of in company-owned disposal facilities, or by a third-party company that deals in medical waste. In small, regional areas, medical waste service providers tend to be located near clients and carry out most, or all, industry functions...

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    Additional Insights for the Medical Waste Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Medical Waste Services Industry are

  • Ability to accommodate environmental requirements
  • Ability to clearly specify requirements to medical waste producers
  • Ability to compete on tender
  • IBISWorld analysts also discuss how external factors such as Demand from hospitals and Demand from medical and other health care services in the Medical Waste Services industry impact industry performance..

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    New Zealand Special Report

    Products & Brands

    Major products in this industry
    Medical waste collection services
    Medical waste treatment services
    Medical waste disposal services
    Waste audits and other services
    Examples of brands in this Industry
    Suez Medical Solutions Pty Ltd

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from hospitals
  • Demand from medical and other health care services
  • Road freight service price
  • Capital expenditure by state and local government
  • Demand from residential care services
  • Government funding for public hospitals

  • Current Performance
  • Medical waste processes
  • Industry performance
  • Industry participation
  • Chart: Revenue Growth

  • Industry Outlook
  • Steady growth
  • Industry participation
  • Other industry trends
  • Table: Medical Waste Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Medical Waste Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • General Hospitals
  • Nursing Homes
  • General Practice Medical Services
  • Dental Services
  • Pathology Services
  • Other Health Services
  • Pharmaceuticals Wholesaling

  • Key Selling Industries
  • Commercial Vehicle Wholesaling
  • Fibreglass Product Manufacturing
  • Mining and Industrial Machinery Wholesaling

  • Products & Services
  • Medical waste collection services
  • Medical waste treatment services
  • Medical waste disposal services
  • Waste audits and other services
  • Chart: Medical Waste Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Public hospitals
  • Other medical service providers
  • Private hospitals
  • Medical centres
  • Dental service providers
  • Pathology service providers
  • Pharmaceutical companies
  • Government and other non-medical sectors
  • Chart: Major Market Segmentation for the Medical Waste Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Medical Waste Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Medical Waste Services Industry

  • Industry Globalization
    Major Companies
    Daniels Health Pty LtdCleanaway Waste Management LimitedSuez Recycling & Recovery Holdings Pty Limited
  • Table: Daniels Health Pty Ltd - financial performance
  • Table: Cleanaway Waste Management Limited - financial performance
  • Table: Suez Recycling & Recovery Holdings Pty Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Medical Waste Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Medical Waste Services Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
  • A chamber used to sterilise medical and other waste under pressure using steam.
  • Cytotoxic Waste
  • Medical waste that has been contaminated with cytotoxic materials from the administration of drugs, including needles, syringes, IV drips, vials, caps, gowns and gloves.
  • Matrix Treatment
  • A process that shreds, disinfects and compacts medical and other waste prior to landfill disposal.
  • Medical Waste
  • Includes any instrument or tool used in medical processes, such as sharps; human tissue, bones organs and body parts; body fluids; blood; laboratory samples; and other discarded medical product.
  • Sharps
  • Includes needles, syringes, surgical instruments and other devices with sharp edges that have been discarded.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Medical Waste Services:
    • 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 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

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Medical Waste Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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