According to a recent market study published by Xcellent Insights, titled, “Medical Waste Incineration Furnace Market Size, By Product Type (Small Size, Mid-Size, Large Size), By Application (Hospitals, Dentists, Laboratories, Others), By Regional Outlook, Competitive Landscape, And Forecast, 2032”, the market has grown rapidly and is expected to continue expanding during the forecast period. With a market size of USD 16.6 billion in 2022, the market is anticipated to reach USD 29.4 billion by 2032 with an annual growth rate of 6.8%. This market stands as a critical segment within the broader waste management and healthcare sectors.