The treatment and disposal services segment led the market in 2020 and is anticipated to keep leading during the forecast period due to an increase in incineration demand, an increase in the prevalence of chronic diseases, and technological advancements in the treatment of medical waste. However, due to the rise in medical waste volume, the expansion of hospitals and research labs, and the increased regulation for the collection, transportation, and storage of medical waste, the collection, transportation, and storage services segment is anticipated to experience significant Medical Waste Management Market growth during the forecast period. In order to prevent the production of dangerous gases that impact human health, the Environment Protection Agency has implemented strict restrictions regulating incineration.
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