Biohazard bags are gaining persistent traction in applications identified with collection, storage, and transportation of biohazardous waste. Biohazard waste, otherwise called infectious or biomedical waste, is any disposed material which contains conceivably infectious substances like microbiological, pathological, human bodily fluids, animal waste. Specific consideration given to sharp waste like needles, IV tubes, glass slides and so forth which can harm during handling and cause infections. A bag is specially intended to gather or discard such material handling and cause infections. It prevents contamination of the samples and furthermore keeps the handler of such material safe. These bags are usually of a made up of three layers of polypropylene or any other plastic polymer to reduce chance of leakage and puncture.
Biohazard Bags Market Outlook
The growing awareness about the advantages of proper waste management has grown significantly over the past years, especially in hospitals and healthcare industries of developing countries. Besides, adoption of strict and regulatory guidelines for effective waste management, growth of healthcare industry specially in developing economies, increasing number of hospitals and pathology labs will further boost growth of the biohazard bags market. For instance, CDC has established special guidelines to confirm the safety of healthcare professionals for efficient handling of medical waste. The guidelines recommend that the hazardous bags should be tied properly and filled till 1/3rd amount to prevent leakage through transportation.
Besides, the awareness about the benefits of proper waste management has grown significantly over the past years, especially developing nations. Therefore, biohazard bag market will have high growth opportunities in developing than developed countries since they are rapidly building up infrastructure like hospitals to cater to a growing economy.
Biohazard Bags Market COVID-19 Impact
The year 2020 has been a watershed year for mankind. It has impacted lives of each and every human being in one way or the other. All Indeed, Covid-19’s pandemic nature has impacted the way countries function, businesses are run, jobs performed and the way we live routine lives. The increasing spread of the coronavirus across countries has prompted many governments to introduce unprecedented measures to contain the epidemic. These are priority measures that are imposed by a sanitary situation, which leave little room for other options as health should remain the primary concern. The biohazard bags is likely to experience surge in demand in wake of COVID 19. Central Pollution Control Board (CPCB) has released guidelines for effective handling of medical waste during recent COVID-19 outbreak. Therefore, increased adoption of regulatory guidelines will increase the demand of biohazard bags fostering the overall market growth.
Biohazard Bags Market Segmental Highlights
The report analyses the global biohazard bags market based on material type, capacity type, end user, and geography.
- Biohazard bags are made up of using various types of materials including HDPE, LDPE, cellophane and polypropylene. The HDPE segment is anticipated to observe lucrative growth over the estimated timeframe attributed to the growing demand for handling sharp waste.
- Biohazardous bags comes in various sizes depending on capacity to collect biohazard types. The various capacities consists of less than 15 gallon, 15 to 35 gallon and more than 35 gallons. The 15 to 35 gallons. The 15 to 35 gallons are ideally useful in hospitals, nursing homes, offices and other medical facilities and are effective for the collection of heavy metals, blood samples and toxic waste. These bags are labelled with a universal biohazard symbol for easy identification.
- The major end users of biohazardous bags include hospitals, laboratories and research centres, pharmaceutical and biotech companies, chemical industry. The hospitals segment accounted for major market share of biohazard bags market on the account maximum number of surgeries are performed in hospitals.
- The biohazard Bags market is studied for the key regions including North America, Europe, Asia Pacific and Rest of the World. North America led the global biohazard bags market and it is likely to maintain its dominant position during the estimated timeframe.
- This large share of the market is attributed to an rise in incidence of infectious diseases, high geriatric populace, presence of major market players, coupled with the highly developed healthcare sector in the region. On the other hand, Asia Pacific region is anticipated to grow at highest CAGR over estimated timeframe, attributed to an rise in adoption of new products, increase in number of hospitals with beds and a rise in the demand for biohazard bags in emerging nations such as India and China
Biohazard Bags Market Key Players
Key players in the global Biohazard Bags market include Biomedical Waste Solutions, LLC., Daniels Health, Stericycle, SUEZ, Veolia, Abdos Labtech Private Limited., Transcendia, Desco Medical and Fisher Scientific among others.
The report analyses the global biohazard bags market based on material type, capacity type, end user, and geography. Biohazard bags are made up of using various types of materials including HDPE, LDPE, cellophane and polypropylene. Biohazardous bags comes in various sizes depending on capacity to collect biohazard types. The various capacities consists of less than 15 gallon, 15 to 35 gallon and more than 35 gallon. The major end users of biohazardous bags include hospitals, laboratories and research centres, pharmaceutical and biotech companies, chemical industry. The biohazard Bags market is studied for the key regions including North America, Europe, Asia Pacific and Rest of the World.
Key players in the global Biohazard Bags market include Biomedical Waste Solutions, LLC., Daniels Health, Stericycle, SUEZ, Veolia, Abdos Labtech Private Limited., Transcendia, Desco Medical and Fisher Scientific among others
Why to buy this report:
- The report offers changing market dynamics in the Biohazard Bags market, presenting historical, current and projected market size in terms of value (USD Million)
- The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of Biohazard Bags market
- It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the Biohazard Bags market performance
- The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of Biohazard Bags market
