4 views left Get unlimited views with a free account

Take your business to the next level. Explore the latest trends and actionable insights to inform business strategy and pinpoint opportunities and risks.

Market value of Biomedical Waste Management market in Belgium (2017 - 2025, USD Millions)

Industry: Environment & Waste Management
Current: Market Sizing & Shares

The Market value of Biomedical Waste Management market in Belgium reached USD 1,165.65 Millions in 2020
The indicator recorded a historical growth (CAGR) of ...
GlobalData projects the indicator to grow ...

Get access to more granular statistics data when you subscribe Get access to more granular statistics data when you subscribe Learn More

Market value of Biomedical Waste Management market in Belgium (2017 - 2025, USD Millions)

Do you want access to more than just statistics

Every one of our unique 55M+ data points is curated and analyzed by over 2,000 in-house sector experts.

Find out more

Bio-Medical waste includes the waste that is generated from medical facilities and research laboratories which if not disposed of properly, can have adverse eﬀect on public health and the environment in general. These wastes can transmit infections, particularly HIV, Hepatitis B & C, Tetanus, etc., to the people who handle or encounter them.

Based on the type of service provided, the bio-medical waste management industry is mainly segregated into - collection, transportation, storage services, treatment and disposal, and recycling services. There are numerous waste disposal and treatment solutions that can diminish the risks of infection from medical waste but concurrently cause health and environmental hazards. For example, medical wastes which contain heavy metals or chlorine, when incinerated may release toxic substances into the environment. Therefore, the aim is to adopt a technology that minimizes the risk of infection while subjugating the amount of toxic residual output to the environment. The main technologies used for treating and recycling bio-medical waste are incineration, Chemical disinfection, wet thermal treatment (steam sterilization), Microwave irradiation, Land disposal, and monetization.

The market for bio-medical waste management is expected to grow at a rate of more than 5% during the period 2021-2030. Belgium is one of the market leaders in the industry along with the UK, Germany, France, and Netherlands among the top five countries. The bio-medical waste management market in Belgium was valued at $1,235 million, with a market volume of 2,884 thousand tonnes in 2021. Belgium’s bio-medical waste management market recorded a compounded annual growth rate (CAGR) of 5.2% between 2017 and 2021 in terms of value, while the underlying market volume grew at a CAGR of 4.7% during the same period.

The management of biomedical waste requires heightened attention and thoroughness as it involves increased health and environmental risks compared to regular waste. The World Health Organization (WHO) developed a series of training modules on good practices in healthcare waste management covering all aspects of waste management activities from identification and classification of wastes to considerations guiding their safe disposal using both non-incineration and incineration strategies. Additionally, WHO and UNICEF partnered in 2015 to launch a global initiative to ensure that all health care facilities have adequate sanitation and hygiene services and adhere to the guidelines for effective biomedical waste management. To facilitate effective management of biomedical waste most countries have adopted these guidelines.