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Medical Waste Management Market to Reach $12.2 Billion Amid Rising Healthcare Waste Volumes
The medical waste management market is projected to grow from an estimated $9.2 billion in 2023 to $12.2 billion by 2028, exhibiting a CAGR of 5.9%. This growth is driven by increasing healthcare waste volumes, stringent government regulations, and advancements in waste management technologies. North America currently holds the largest share of the market, which is segmented by service, waste type, treatment site, and waste generator, with hospitals and diagnostic laboratories being key generators.