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MARKET INTELLIGENCE: REGULATION-DRIVEN U.S. MEDICAL WASTE MARKETS TO PASS $2.5 BILLION BY 1998

 MARKET INTELLIGENCE: REGULATION-DRIVEN U.S. MEDICAL WASTE
 MARKETS TO PASS $2.5 BILLION BY 1998
 MOUNTAIN VIEW, Calif., Oct. 22 /PRNewswire/ -- Driven by public demands for toxic debris clean-up and resulting environmental regulations, the U.S. medical waste management and disposal market will more than double from $1.1 billion in 1991 to nearly $2.6 billion by 1998 at a 12-percent compound annual rate, projects a new study just issued by Market Intelligence.
 Growth is expected across all industry segments. Some 80 percent of medical waste management and disposal revenues are now spent on services. Eleven percent more goes to waste collection equipment -- including containers and other disposal units -- another six percent to the "D&D" (decontamination and destruction) market -- including the declining medical waste incinerator segment, steam sterilization, and mechanical/chemical and microwave disinfectants -- and one percent to the "encapsulation and spill" segment, says the report, "Medical Waste Management and Disposal Markets."
 While research produces many potential new solutions for industries desperate for workable answers and government tries to force more rapid technological evolution, regulatory complexity and public opposition to local waste dumping hamper clean-up, with differences in regulation between states providing additional obstacles for industry participants. Product design, market growth and the competitive environment will continually be reshaped by regulatory trends, the market's primary driver.
 Apparently insurmountable and contradictory demands for affordable, environmentally friendly, low-risk, low-maintenance and publicly acceptable treatment technologies lead to most manufacturers essentially claiming to have a perfect miracle product although none is actually in evidence.
 Manufacturers will continue trying to offer products that promise the fastest regulatory acceptance. With stringent government requirements, severe monetary penalties for non-compliance and public opinion firmly behind safe toxic waste clean-up, products and services that fully meet regulatory strictures will be the only practical choices for industrial end-users.
 Due to the especially intense emotional climate surrounding medical waste issues in the United States, testing may be conducted and international product approvals gained more readily overseas. Some vendors have already started product development outside the United States for this reason. Interest in medical waste is generally somewhat weaker outside the United States, with more intense fear of AIDS and other serious infectious diseases shaping the U.S. environment.
 Technological innovations will be geared toward eliminating the threat of contamination. Medical waste collection devices are upgrading, largely due to requirements for puncture-proof, leak-proof, tear-proof and properly labeled containers.
 New improvements in treatment and containment technologies will be introduced in succession while industry continues to seek further advances to alleviate the medical waste crisis. Among medical waste collection devices, sharp/surgical disposal unit and "red bag" medical waste containers will grow most rapidly.
 The industry has emerged out of a confluence of circumstances stimulated by dramatic increases in waste production by U.S. society. As landfills approached capacity, medical waste increasingly appeared in highly visible locations like public beaches, heightening public fears of serious infectious diseases, including AIDS.
 Market Intelligence is an international high-technology research firm specializing in health care markets. All Market Intelligence reports are based on extensive interviews with marketing and technical experts from selected companies in each market segment. Primary research is validated by thorough analysis of available secondary research. Since 1982, Market Intelligence has emerged as one of the leading publishers of high-technology market research reports.
 MARKET INTELLIGENCE
 Total Medical Waste Management and Disposal Market:
 Revenue Forecasts (U.S.),
 1988-1998
 Revenue
 Revenues Growth Rate
 Year ($ Million) (Percent)
 1988 645.4 ---
 1989 774.6 20.0
 1990 938.5 21.2
 1991 1,142.8 21.8
 1992 1,328.7 16.3
 1993 1,519.7 14.4
 1994 1,730.2 13.8
 1995 1,957.2 13.1
 1996 2,207.5 12.8
 1997 2,397.9 8.6
 1998 2,560.7 6.8
 Compound annual growth rate (1991-1998): 12.2 percent
 NOTE: All figures are rounded. Source: Market Intelligence
 -0- 10/22/92
 /CONTACT: Amy Arnell of Market Intelligence, 415-961-9000, or 415-961-5042 (fax)/ CO: Market Intelligence ST: California IN: MTC HEA SU:


SG-TM -- SJ003 -- 3476 10/22/92 11:02 EDT
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Date:Oct 22, 1992
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