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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