South Korea Medical Waste Management Market to 2032
Overview
The South Korea Medical Waste Management Market is expected to reach a 1,651.37 USD Billion by 2032 and is projected to grow at a CAGR of 13.78% from 2025 to 2032.
Revenue, 2024 (USD Billion)
977.10
Forecast, 2032 (USD Billion)
1,651.37
CAGR, 2024 - 2032
13.78%
Report Coverage
South Korea
South Korea Medical Waste Management Market 2018-2032 USD Billion
South Korea Medical Waste Management Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 977.10 USD Billion
- Projected Market Size (2032): 1,651.37 USD Billion
- CAGR (2025-2032): 13.78%
Key Findings of South Korea Medical Waste Management Market
- The South Korea Medical Waste Management Market was valued at 977.10 USD Billion in 2024.
- The South Korea Medical Waste Management Market is likely to grow at a CAGR of 13.78% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Controlled in Category Segment accounted for the largest share of the market with a revenue of 878.74 USD Billion
- The fastest growing segment Recycling in Service Type Segment grew Fastest with a CAGR of 15.37% during the forecast period from 2024 to 2032.
South Korea Medical Waste Management Market Scope
South Korea Medical Waste Management Market Segmentation & Scope
Service Type
- Others
- Recycling
- Treatment & Disposal
- Collection, Transportation, & Storage
Type of Waste
- Hazardous Waste
- Non-Hazardous Waste
Treatment Type
- Other
- Biological
- Chemical Treatment
- Irradiative
- Autoclaving
- Incineration
Source of Generation
- Reverse Distributors
- Manufacturers
- Clinical laboratories
- Physician offices
- Hospitals
Category
- Uncontrolled
- Controlled
Treatment Site
- Onsite
- Offsite
South Korea Medical Waste Management Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2017 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 977.10 USD Billion |
| Market Value in 2032 | 1,651.37 USD Billion |
| CAGR (2025-2032) | 13.78% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Service Type,Type of Waste,Treatment Type,Source of Generation,Category,Treatment Site |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 977.10 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 977.10 USD Billion in 2024.
Segments and Scope
-
South Korea Medical Waste Management Market to 2032, By Service Type
- Collection, Transportation, & Storage is the largest segment in South Korea Medical Waste Management Market to 2032 with a revenue of 638.71 USD Billion in the year 2024.
- Recycling is the Fastest growing segment in South Korea Medical Waste Management Market to 2032 with a Growth rate of 13.56 % in forecast period 2025-2032.
-
South Korea Medical Waste Management Market to 2032, By Type of Waste
- Non-Hazardous Waste is the largest segment in South Korea Medical Waste Management Market to 2032 with a revenue of 851.63 USD Billion in the year 2024.
- Non-Hazardous Waste is the Fastest growing segment in South Korea Medical Waste Management Market to 2032 with a Growth rate of 13.95 % in forecast period 2025-2032.
-
South Korea Medical Waste Management Market to 2032, By Treatment Type
- Incineration is the largest segment in South Korea Medical Waste Management Market to 2032 with a revenue of 625.12 USD Billion in the year 2024.
- Incineration is the Fastest growing segment in South Korea Medical Waste Management Market to 2032 with a Growth rate of 14.42 % in forecast period 2025-2032.
-
South Korea Medical Waste Management Market to 2032, By Source of Generation
- Hospitals is the largest segment in South Korea Medical Waste Management Market to 2032 with a revenue of 647.51 USD Billion in the year 2024.
- Hospitals is the Fastest growing segment in South Korea Medical Waste Management Market to 2032 with a Growth rate of 14.35 % in forecast period 2025-2032.
-
South Korea Medical Waste Management Market to 2032, By Category
- Controlled is the largest segment in South Korea Medical Waste Management Market to 2032 with a revenue of 878.74 USD Billion in the year 2024.
- Controlled is the Fastest growing segment in South Korea Medical Waste Management Market to 2032 with a Growth rate of 14.04 % in forecast period 2025-2032.
-
South Korea Medical Waste Management Market to 2032, By Treatment Site
- Offsite is the largest segment in South Korea Medical Waste Management Market to 2032 with a revenue of 804.46 USD Billion in the year 2024.
- Offsite is the Fastest growing segment in South Korea Medical Waste Management Market to 2032 with a Growth rate of 14.03 % in forecast period 2025-2032.
South Korea Medical Waste Management Market Company Share Analysis
South Korea Medical Waste Management Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Medical Waste Management Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Medical Waste Management Market is segmented based on Segmentation Service Type,Type of Waste,Treatment Type,Source of Generation,Category,Treatment Site.
South Korea Medical Waste Management Market was valued at USD 977.10(Revenue in USD Billion) in 2017.
South Korea Medical Waste Management Market is projected to grow at a CAGR of 13.78% during the forecast period of 2024 to 2032.
The Controlled segment is expected to dominate the South Korea Medical Waste Management Market, holding a largest market share of 878.74 USD Billion in 2024
South Korea Medical Waste Management Market Scope
South Korea Medical Waste Management Market Segmentation & Scope
Service Type
- Others
- Recycling
- Treatment & Disposal
- Collection, Transportation, & Storage
Type of Waste
- Hazardous Waste
- Non-Hazardous Waste
Treatment Type
- Other
- Biological
- Chemical Treatment
- Irradiative
- Autoclaving
- Incineration
Source of Generation
- Reverse Distributors
- Manufacturers
- Clinical laboratories
- Physician offices
- Hospitals
Category
- Uncontrolled
- Controlled
Treatment Site
- Onsite
- Offsite
Frequently Asked Questions
The South Korea Medical Waste Management Market is segmented based on Segmentation Service Type,Type of Waste,Treatment Type,Source of Generation,Category,Treatment Site.
South Korea Medical Waste Management Market was valued at USD 977.10(Revenue in USD Billion) in 2017.
South Korea Medical Waste Management Market is projected to grow at a CAGR of 13.78% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Medical Waste Management Market for final year is USD 1,651.37 (USD Billion).
South Korea Medical Waste Management Market Company Profiling
Frequently Asked Questions
The South Korea Medical Waste Management Market is segmented based on Segmentation Service Type,Type of Waste,Treatment Type,Source of Generation,Category,Treatment Site.
South Korea Medical Waste Management Market was valued at USD 977.10(Revenue in USD Billion) in 2017.
South Korea Medical Waste Management Market is projected to grow at a CAGR of 13.78% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Medical Waste Management Market for final year is USD 1,651.37 (USD Billion).
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