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Procurement Market Intelligence Report

Medical Waste Disposal Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Medical Waste Disposal Services?

What is the average price of Medical Waste Disposal Services?

This procurement report includes pricing information to help you purchase Medical Waste Disposal Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Medical Waste Disposal Services been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Medical Waste Disposal Services yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Medical Waste Disposal Services?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Medical Waste Disposal Services with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Medical Waste Disposal Services?

The US medical waste disposal service market is composed of over 500 suppliers. The market is moderately concentrated, with the top four suppliers generating just over 42.0% of total market revenue. The market’s largest supplier, Stericycle Inc., accounts for the largest portion of market revenue. In its efforts to expand... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Supplier Costs

How do fluctuations in fuel costs, energy, insurance and other expenses affect your pricing?

How have you controlled these costs?

How much of your costs are worked into fixed prices, and how much are added on as surcharges?

Do you place limits on price increases; for example, keeping pace with inflation or maintaining stable profit margins?

Compliance

How often are your facilities inspected?

Are your facilities open to inspection by customers or regulatory agencies at any time?

Do you have any pending litigation, notices of violations, complaints or suspensions concerning your company? How have you responded to such filings?

What is your safety record? Have you had any accidents, including spills?

Regulation

How have changing regulations affected your operations?

What type of training does your staff receive to stay up-to-date with regulations?

How has increased regulation affected your pricing? How will changes in regulation affect pricing during a contract's duration?

How do you ensure customers are aware of changes in regulation?

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Key elements for every RFP

What should my Medical Waste Disposal Services RFP include?

Project Budget

Buyers should outline their maximum contract spend.

Buyers should stipulate payment terms.

Buyers can consult the Benchmark Price section of this report to determine how much they should pay to have each container inspected.

Selection Criteria

Buyers should evaluate the experience and qualifications of the medical waste disposal vendor.

Buyers should make sure that the vendor has the capacity to meet the buyer's requirements, including frequency, volume and type of material collection.

Buyers should evaluate any additional costs, such as emergency pickup fees.

For a detailed list of key selection criteria, buyers can refer to the Buying-Decision Scorecard in this report.

Project Schedule

Buyers should outline the proposal due date.

Buyers should state the date of the first collection.

Buyers should include any other benchmark dates, such as reviews.

Evaluate major factors to mitigate risk

How risky is the Medical Waste Disposal Services supply chain?

The risk of input price shocks or service continuity problems for medical waste disposal services is moderate. The greatest cost to service providers is fuel, and the world price of crude oil has been highly volatile during the past three years. Oil prices fluctuate based on a number of factors,... Subscribe to learn more.

HIGH

MEDIUM

LOW