Biohazard Bags Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 

Global Biohazard Bags Market is expected to register a CAGR of approx. 6% over the period of 2022-2028.  The biohazard bags market is rising due to the increasing prevalence of disease which significantly boosts the patient population around the globe. Various companies are focusing on advanced and innovative plastic bags for controlling the population and managing the hospital’s waste as well.  For instance, in February 2021, The Justrite Safety Group, based in Illinois, USA, introduced a new line of poly waste container bags. These bags are designed to identify biohazard and infectious linen medical waste and would be offered in two colors- red for biohazard material handling and yellow for infectious linen. Additionally, it is projected that the expanding urbanization in emerging nations and the growing burden of biomedical waste will catalyze the market demand throughout the projection period. Owing to these glaring statistics the demand for biohazard bags is anticipated to grow in the forthcoming years as they are strong for a sharp object as waste from hospitals and eco-friendly as well. According to UnivDatos Market Insights (UMI)’ research report “global biohazard bags market”, the market is expected to witness a robust growth during the forecast period 2022-2028F. Moreover, rising awareness regarding the benefits of hospital waste management is fueling the demand for the biohazard bags market. Furthermore, the increased elderly population and the prevalence of better sales channels is expected to drive the market for biohazard bags market in the coming years

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Based on the capacity types, the biohazard bags market is segmented into less than 15 gallons, 16 gallons- 30 gallons, and above 30 gallons. The less than 15 gallons’ segment accounted for a significant market share and it is estimated that it will grow rapidly during the projected timeframe owing to the use of biohazard bags for collecting stores, and transporting biohazardous waste. These bags are designed to provide superior strength, puncture and tear resistance, and long-lasting durability.

Based on the application, the market is fragmented into highly infectious, other Infectious, sharps, chemical and pharmaceutical, general healthcare waste, and others. The sharps segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period owing to the increase in surgeries and patient population across the globe.

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North America to witness extensive growth

For a better understanding of the market adoption of the biohazard bags market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the biohazard bags industry owing to the growing geriatric population along with the adoption of innovative medical technology.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global biohazard bags market are Bel-Art SP Scienceware, Dynalon, Heathrow Scientific, Thermo Fisher Scientific Corporation, MiniGrip, Tufpak Inc, Cole-Parmer Instrument Company, BWS Incorporated, Abdos Labtech Pvt.Ltd., DELUXE SCIENTIFIC SURGICO PVT. LTD Several M&A’s along with partnerships have been undertaken by these players to boost their presence in different regions.

“Global Biohazard Bags Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.      

 

Market Segmentations:

1.      By Capacity Types (Less Than 15 Gallon, 16 Gallon-30 Gallon, Above 30 Gallon)

2.      By Material Types (Polypropylene, Polyethylene, Plastic, LDPE (Low-Density Polyethylene, High demand polyethylene, Other)

3.      By Application (Highly infectious, Other Infectious, Sharps, Chemical and Pharmaceutical, General Healthcare Waste, Others)

4.      By End-Users (Hospitals, Clinics, Diagnostic Laboratories, Pharmaceutical/Research Laboratories, Others)

5.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

6.      By Company (Bel-Art SP Scienceware, Dynalon, Heathrow Scientific, Thermo Fisher Scientific Corporation, MiniGrip, Tufpak Inc, Cole-Parmer Instrument Company, BWS Incorporated, Abdos Labtech Pvt.Ltd., DELUXE SCIENTIFIC SURGICO PVT. LTD.)

Key questions answered in the study:

1.      What are the current and future trends of the global biohazard bags industry?

2.      How the industry has been evolving in terms of capacity type, material type, application, and end-users?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global biohazard bags industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global biohazard bag suppliers across various region and countries?