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| Medical Waste Management Market Accelerates Amid Rising Healthcare Demand, Sustainability GoalThe comprehensive study provides an analytical overview of the global and U.S. medical waste management markets, highlighting the key factors driving growth, evolving regulations, major industry players, and technological innovations shaping the future of healthcare waste management. Global Market Overview According to SMR's report, the global medical waste management market was valued at USD 12.5 billion in 2024 and is projected to reach USD 20.1 billion by 2035, growing at a compound annual growth rate (CAGR) of 5.1% between 2025 and 2035. The growth is fueled by increasing healthcare waste volumes, expanding hospital infrastructure, and stricter global environmental policies that promote sustainable waste treatment and disposal. Globally, approximately 80% of medical waste is non-hazardous, while 20% is hazardous, requiring specialized handling and disposal. Hospitals, clinics, and laboratories remain the major sources of this waste, contributing nearly 85% of total medical waste generated worldwide. Visit @ https://www.strategicmarketresearch.com/ U.S. Market Insights The United States continues to dominate the North American region, accounting for nearly 35% of the global medical waste management revenue in 2024. SMR's analysis estimates the U.S. market size at USD 3.8 billion in 2024, projected to reach USD 6.1 billion by 2035, with a CAGR of 4.8% during the forecast period. The country generates over 6 million tons of medical waste annually, driven by a rapidly expanding healthcare system with more than 6,000 hospitals and 200,000 outpatient facilities. The U.S. Environmental Protection Agency (EPA), along with state-level agencies, continues to enforce stringent regulations governing the collection, transportation, and disposal of medical waste, compelling healthcare institutions to partner with certified waste management service providers. "The U.S. market is transitioning from traditional disposal practices to advanced, data-driven waste management models," as per Strategic Market Research. "Automation, digital waste tracking, and sustainable treatment solutions are now defining how hospitals and laboratories operate across the country." Key Growth Drivers (Global and U.S.)
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