Persistence Market Research is released upcoming report on title "Medical Crushers Market: Global Industry Analysis and Forecast to 2020".
New York, NY -- (SBWIRE) -- 01/07/2015 -- Waste disposal equipment market is growing at a significant rate to increasing amount of industrial and domestic waste and growing concerns for management of the waste. Proper disposal of waste is important, as if left untreated it may lead to epidemic. Medical waste refers to the unusable or unwanted medical material. Various environment and safety regulations have been passed for management of medical waste. They have set standards for the treatment and storage of medical waste. Medical waste management market basically involves treatment of waste from healthcare and pharmaceutical sectors. This waste can be further categorized into various categories such as regular medical waste, manufacturing waste, clinical trial waste and anatomical waste. Medical crusher refers to a medical device that is used to manage medical waste. Medical crusher crushes the unwanted or unusable material and makes its disposal easy. In many cases, such as pills, medical crusher is used to crush pill into powered form so that it can be reshaped as desired. The global market for medical crushers is increasing at a significant rate due to increase in pharmaceutical industry which is leading to increase in the medical waste. In addition, factors such as technological advancements in the field and government initiatives are increasing the global market for medical crushers.
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North America dominates the global medical crushers market, followed by Europe and Asia. This is due to big healthcare and pharmaceutical industries in the region and high adoption rate for medical crushers. In addition, technological advancement is driving the market for medical crushers in the North America. Asia-Pacific and Latin America regions are expected to have high growth rates for medical crushers market, due to increase in the pharmaceutical and healthcare industry in these regions. Global market for medical crushers is expected to be driven by various factors such as cost effectiveness, new and advanced technology involved. Some of the other drivers which are expected to drive the medical crushers market include increasing awareness for different types of crushers available and rising government initiatives for technological advancements in the field. However, economic slowdown throughout the globe is expected to inhibit the global medical crushers market.
Some of the major factors driving the global market for medical crushers include increasing healthcare and pharmaceutical industry leading into increase in medical waste. In addition, technological advancements in the field and high adoption rate for medical crushers with new technology are driving the global market for medical crushers. Various advantages offered with the use of medical crushers, such as less cost and ease to use, drive the global medical crushers market. However, one of the important factors which restrain the global market for medical crushers includes lack of skilled medical professionals for proper handling of medical crushers.
Growing demographics and economies in the developing countries such as India and China are expected to offer good opportunities for the global medical crushers market. Increasing demand for automatic or powered medical crushers is expected to offer good opportunities for the global medical crushers market. In addition, increasing applications of medical crushers is expected to offer good opportunities to the market. Some of the major trends that have been observed in the global market for medical crushers include companies involved in R&D for new innovative products for better efficiency. Some of the major companies dealing in the global medical crushers market are Medline Industries, Inc., Apex Medical, Pulva Corporation, Peak Medical, Ocelco Inc. and Trademark Medical.
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Key points covered in the report:
1) Report segments the market on the basis of types, application, products, technology, etc (as applicable)
2) The report covers geographic segmentation
3) The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the market
The report also provides porters five forces analysis of the market.
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Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.