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GCC Healthcare Waste Management Market to Grow at a CAGR of 14% Through 2026

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According to a new study by MarkNtel Advisors, the GCC Healthcare Waste Management Market is projected to grow at a CAGR of 14% during the forecast period, i.e., 2021-26. The most prominent factor contributing to the market growth is rising awareness regarding the harmful effects of medical waste. Besides, burgeoning population leading to an increasing number of patients and a large volume of medical wastes produced from hospitals, laboratories, clinics, and other healthcare establishments shall also augment the demand for Healthcare Waste Management systems.

Besides, misusing & reselling used medical products like syringes, sample collectors, & masks, etc., can surge the chances of disease transmission. Hence, it is another crucial factor expected to drive the market in the forecast years, further states the research report, “GCC Healthcare Waste Management Market Analysis, 2021.”

Get a sample copy of the research: https://www.marknteladvisors.com/query/request-sample/gcc-healthcare-waste-management-market.html

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

Autoclaving is Projected to Grow Substantially in the GCC Healthcare Waste Management Market

Based on the Treatment Type, the market bifurcates into Chemical, Incineration, and Autoclaving. Of them all, Autoclaving is gaining immense popularity in the GCC nations due to its several advantages. This treatment includes sterilizing medical equipment by applying heat & pressure, which are then suitable to reuse.

Moreover, autoclaving helps treat hazardous medical waste as it destroys microorganisms present in it before disposal. The adoption of this treatment is significantly increasing as it minimizes hazardous or chemical emissions. Hence, it is a feasible treatment being an environmentally sound process and is expected to witness substantial growth in the years to come.

“GCC Healthcare Waste Management Market Analysis, 2021” highlights insights on the market potential & opportunities, along with business strategies to enhance the overall market growth. The report offers an overview of leading market players and their recent developments. Moreover, it also provides incredible market opportunities & emerging trends to help stakeholders make appropriate decisions before investing.

Offsite Dominates the GCC Healthcare Waste Management Market, Onsite to Register Fastest Growth Through 2026

Based on the Treatment Site, the market bifurcates into Onsite and Offsite. Of both, Offsite attained the largest share of the GCC Healthcare Waste Management Market in the past few years as it saves the physical space required for the treatment. However, the Onsite treatment site is projected to witness a high acceptance rate as it helps minimize the money & time of holding the waste, reveals MarkNtel Advisors in their research report, “GCC Healthcare Waste Management Market Analysis, 2021.”

Key Market Competitors:
According to MarkNtel Advisors, the leading industry players in the GCC Healthcare Waste Management Market are Remondis Medison GmbH, Suez Environment S.A, Veolia Environment S.A., Averda, SEPCO Environment, Saudi Investment Recycling Company, Others.

Market Segmentation:
1. By Type of Waste (Hazardous, Non-Hazardous)
2. By Treatment Type (Chemical, Incineration, Autoclaving)
3. By Services (Collection, Transportation & Storage, Recycling, Treatment & Disposal)
4. By Treatment Site (Onsite, Offsite)
5. By End Users (Hospitals, Clinics, and Medical Research Institutes, Laboratories. Pharmaceutical companies, Blood Banks, Others)
6. By Country (UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait)
7. By Competitors (Remondis Medison GmbH, Suez Environment S.A, Veolia Environment S.A., Averda, SEPCO Environment, Saudi Investment Recycling Company, Others)

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