Medical waste is any kind of waste that potentially contains infectious material. Medical waste can be solid or liquid (it can contain bodily fluids like blood or other contaminants). The 1988 Medical Waste Tracking Act defines Medical Waste as waste generated during medical testing, research, immunization, diagnosis, or treatment of either human beings or animals.
The global market for the Medical Waste Management Market is primarily driven by the increasing initiatives by government authorities, a large amount of healthcare waste generated and raising awareness on using eco-friendly and safe waste management and treatment processes. However, lack of reimbursement policies and the high cost of some medical waste management systems may hinder the market progress.
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