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Information @ a Glance

General

  • “Medical Waste” is defined as all waste generated in direct patient care or in diagnostic or research areas that
    is non-infectious but aesthetically repugnant if found in the environment.
  • The Medical Waste Management Act defines “medical waste” as biohazardous or sharps waste and waste which is generated or produced as a result of the diagnosis, treatment, or immunization of human beings/animals, research pertaining to the diagnosis, treatment, or immunization of human beings/animals, production/testing of biologicals, or the accumulation of properly contained home-generated sharps waste.
  • Medical waste is defined as the disposal of any human infectious agent or equipment that is
    capable of transmitting that disease to humans.

Market

  • The medical waste service market segment dominates the total market and has for over 10 years. In 2003, services generated $1.3 billion and will continue to dominate the market as it grows at an AAGR of 6.1% through 2008.
  • The current market size of the hazardous waste management sector in India is approximately $196 million, and is expected to grow by 20 percent over the next two to three years with increased waste generation from rapid industrialization and urbanization. Major opportunities in the hazardous waste management sector are in the field of consultancy services, and in equipment and technology for collection, handling, treatment and disposal of hazardous waste

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