Medical waste includes sharps, infectious materials, chemicals, radioactive materials, and anatomical waste generated at healthcare facilities. It must be properly segregated and disposed of to minimize health and environmental risks. Medical waste should be separated into red bags for anatomical waste, yellow bags for infectious waste, white bags for dental waste, and rigid red containers for sharps. It is important to clearly label and seal containers of each waste type and use a licensed contractor to dispose of medical waste according to local regulations.