Navigation Links
Medical Waste Disposal Services Procurement Research Report Now Available from IBISWorld
Date:10/20/2013

Los Angeles, CA (PRWEB) October 20, 2013

Medical waste disposal services have a buyer power score of 3.0 out of 5. This score reflects limited buyer power and slowly increasing prices for disposal services. Stringent regulations make these specialized waste management services necessary for many buyers; medical waste must be disposed of following strict guidelines, and processing medical waste can be too expensive for many buyers to perform in-house. “Therefore, outsourcing these services is required to meet standards regarding the disposal of regulated medical waste”, according to IBISWorld procurement analyst Erich Abellera. The highly specialized nature of these services also restricts the availability of substitutes for buyers, limiting their negotiation power. Service providers thus experience consistently high demand and strong pricing power.

Average prices have increased steadily over the past three years, and this trend is expected to continue. As healthcare reform is implemented over the coming years, access to healthcare insurance is expected to increase significantly. Increased insurance coverage will lead to greater use of healthcare services, which will in turn result in higher volumes of medical waste. Thus, healthcare reform is expected to ultimately boost demand for medical waste disposal services, pushing prices up further over the next three years. “Buyers can increase their negotiation power by setting multi-year agreements with medical waste disposal service providers”, says Abellera. Multi-year contracts will also allow buyers to lock in prices before they rise in the coming years. However, some contracts allow suppliers to pass rising input costs onto buyers. Buyers can negotiate limits to these price increases to reduce their total cost of ownership.

Prices for medical waste disposal services depend on the type of disposal service being purchased, as well as the type and amount of waste to be disposed. The two main services are pickup, which involves medical waste being collected and hauled away from the buyer, and mail-back, which involves the buyer mailing containers filled with waste to a disposal facility. The major vendors in this market are Republic Services, Stericycle, US Ecology and Waste Management.

For more information, visit IBISWorld’s Medical Waste Disposal Services procurement research report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld Procurement Report Key Topics

This report is intended to help buyers of medical waste disposal services. Medical waste includes soiled bandages, body fluids, body tissues, surgical instruments, needles, cultures and body organs. These items are generated by healthcare facilities such as hospitals, clinics, veterinary clinics, dentist offices, research labs and private practices. Regulations govern the disposal of such waste, which cannot be directly disposed of in landfills with municipal solid waste. Medical waste disposal services collect, treat and dispose medical waste according to local, state and federal guidelines.

Executive Summary
Pricing Environment
Price Fundamentals
Benchmark Price
Pricing Model
Price Drivers
Recent Price Trend
Price Forecast
Product Characteristics
Product Life Cycle
Total Cost of Ownership
Product Specialization
Substitute Goods
Regulation
Quality Control
Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Imports
Competitive Environment
Market Share Concentration
Vendor Financial Benchmarks
Switching Costs
Purchasing Process
Buying Basics
Buying Lead Time
Selection Process
Key RFP Elements
Negotiation Questions
Buyer Power Factors
Key Statistics

About IBISWorld Inc.
IBISWorld is one of the world's leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorld’s procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Read the full story at http://www.prweb.com/releases/2013/10/prweb11249037.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Physician Groups Call for Fewer Medical Tests
2. Weill Cornell Medical College establishes Center for Healthcare Informatics and Policy
3. CAM therapy combined with conventional medical care may improve treatment of lower back pain
4. Image share project gives patients and physicians anytime, anywhere access to medical images
5. Researchers determine vitamin D blood level for reducing major medical risks in older adults
6. Biomedical researchers receive Hartwell Foundation awards
7. Columbia University Medical Center and NY-Presbyterian experts at APA meeting
8. Fitness in Middle Age Lowers Medical Costs Later: Study
9. Ben-Gurion U. and Cincinnati Childrens Hospital to develop pediatric-specific medical technologies
10. Gene Tests May Not Drive Patients to More Medical Care
11. University studies and career expectations of medical students
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/5/2016)... (PRWEB) , ... February 05, 2016 , ... US ... Yoga Studio in Dover, NH to direct high-performance kids yoga training. ChildLight Yoga Studio ... seacoast, just one hour from Boston. , ChildLight Yoga Studio founder Lisa Flynn expresses ...
(Date:2/5/2016)... ... 2016 , ... Give To Cure today announced that it is ... Give To Cure’s campaign that is crowdfunding clinical trials to help find cures faster ... through a smart device. In 2015 alone, Venmo processed $7.5 billion in transactions among ...
(Date:2/5/2016)... ... February 05, 2016 , ... Dr. Justin Scott and Dr. ... Annual No Cost Dental Day to individuals in need. The event is scheduled to ... No Cost Dental Day is to provide dental care to community members in need. ...
(Date:2/5/2016)... Pekin, IL (PRWEB) , ... February 05, 2016 , ... ... in disguised form as a dream. A hallmark feature of patients with eating disorders ... and needs. The eating disorder behaviors and obsessions are regarded as maladaptive means for ...
(Date:2/5/2016)... ... , ... Calls Blacklist has just been updated by mobile app developer Vlad ... has fixed known bugs within the app. Calls Blacklist allows its users to only ... any of their device’s battery power or memory. It provides a powerful call blocker ...
Breaking Medicine News(10 mins):
(Date:2/4/2016)... 2016  SciClone Pharmaceuticals, Inc. (NASDAQ: SCLN ... into a settlement agreement with the United States ... SEC,s investigation into possible violations of the Foreign ... the settlement agreement, SciClone has agreed to pay ... interest and a penalty.  This payment is in ...
(Date:2/4/2016)... , Feb. 4, 2016 Global ... competitive market to drive long-term market growth ... common set of chronic disorders that affect 5–7% ... in terms of their symptoms and key patient ... dysregulation of immune pathways and an inappropriate immune ...
(Date:2/4/2016)... DIEGO, Feb. 4, 2016  Aethlon Medical, Inc. ... affinity biofiltration devices to treat life-threatening diseases, today ... 2016 ended December 31, 2015. ... objectives set forth in our last quarterly call, ... reinforce our long-term objective to establish the Aethlon ...
Breaking Medicine Technology: