Pharmaceutical Waste Mana­ge­ment Market

According to a report published by Fior Markets, the global pharmaceutical waste management market is expected to grow from 1.19 billion US-Dollar in 2017 to 1.98 billion US-Dollar by 2025 at a CAGR (compound annual growth rate) of 6.11 percent during the forecast period 2018-2025.

Pharmaceutical waste management is a serious issue worldwide, the US-based market intelligence company stated. Rises in government initiatives for safe disposal of unused medications and awareness about safe disposal of pharmaceuticals and environmental conservation were boosting the demand of the market. The non-hazardous waste segment was valued at around 690.27 million US-Dollar in 2017.

(GR12020, Page 13, Photo: Pexels/Pixabay)