Biohazard Bags Market Share, Size, Trends, Industry Analysis Report, By Material Type (Polypropylene, Polyethylene, Cellophane, Others); By Application; By End User; By Region; Segment Forecast, 2024 - 2032
- Published Date:Mar-2024
- Pages: 116
- Format: PDF
- Report ID: PM4672
- Base Year: 2023
- Historical Data: 2019 – 2022
Report Outlook
Biohazard Bags Market size was valued at USD 432.67 million in 2023. The market is anticipated to grow from USD 461.19 million in 2024 to USD 789.44 million by 2032, exhibiting the CAGR of 6.9% during the forecast period.
Market Overview
Biohazard bags play a pivotal role in carrying hazardous healthcare waste from clinics, hospitals, and other agencies, assisting them in effectively following waste management guidelines. The COVID-19 pandemic stimulated the demand for biohazard bags enormously with the increased penetration of the virus into a larger proportion of the population. Around, 140 Mn test kits were administered in the world at the time of the pandemic, leading to the generation of 2,600 tonnes of non-infectious waste and 731,000 liters of chemical waste, enforcing the need for an efficient waste management strategy.
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The ongoing research activities in the global market are showing significant demand opportunities for biohazard bags, given their potential for transporting hazardous materials.
- For instance, a 2022 study published in JSDEWES focused on exploring the recent developments in healthcare waste management and treatment mechanisms. It revealed the superior performance of the autoclave-aided shredder in treating hazardous healthcare waste compared to landfilling.
Moreover, the potential consequences of an ineffective waste management system in hospitals are encouraging governments to initiate healthcare waste management planning, as it can affect healthcare professionals, patients, and people who are reluctant to get infections mainly due to hazardous waste landfills. According to the study published in PubMed Central in 2023, approximately 15% of the healthcare waste produced in the world is considered to be hazardous, driven by radioactive, and toxicity. The charge of waste management is lower than the adverse effects of mismanagement, which is driving healthcare institutions to follow waste disposal operations, facilitating the necessity for bags to carry medical waste to the disposal site, mainly biohazardous bags
Growth Drivers
Rising innovations in the pharmaceutical space
The growing investments in research studies to resolve numerous health problems prevailing in the world are positively impacting the demand for biohazard bags in the market. In most of the studies, biotechnological and pharmaceutical researchers generate a wide range of wastes that are more harmful to humans and other living organisms, placing a higher risk in the presence of harmful microbes. The ongoing studies are expected to create new demand for biohazard bags in the marketplace.
Moreover, growing research activities on infectious diseases with the increasing funding will further propel the research innovations, driving biohazard bags need over the study period. For instance, in June 2022, the United States announced the grant of USD 122 million over the five years for three research organizations, National Institute of Epidemiology, National Institute of Virology, and Indian Council of Medical Research in India to deal with the problems caused by the infectious diseases.
Increasing medical waste in healthcare settings
The rising focus on lowering hospital-acquired diseases with the adoption of a prominent waste management system, primarily hazardous health waste, is optimally boosting the demand for biohazard bags in the market. The pandemic created exceptional demand for hazardous waste management bags around the world. According to the study published in Science Direct in 2023, the medical waste generated from the pandemic is approximately between 18 and 42% based on the nation, with an increase of 29,000 t/d in September 2020 from 200 t/d.
Restraining Factors
Regulatory hurdles are likely to impede market growth
The rising adoption of waste management in the hospitals will limit the use of biohazard bags. Growing measures to amputate plastic use, driven by the emergence of the green-house gases and abnormal weather conditions, will implicate the sale of biohazard bags.
Report Segmentation
The market is primarily segmented based on material type, application, end-user, and region.
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By Material Type |
By Application |
By End User |
By Region |
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By Material Type Analysis
Polyethylene segment is expected to witness the highest growth during the forecast period
The polyethylene segment is expected to grow at a higher CAGR. This growth is due to its potential capability to handle hazardous waste material and assist hospitals with the risk mitigation of any cross-contamination. Chemical & temperature resistance of the material makes it prominent choice among healthcare providers in such waste. Rising development of the eco-friendly poly-ethylene hazardous bags with the high-density polyethylene is expected to foster segment’s growth.
By Application Analysis
Healthcare segment accounted for the largest market share in 2023
The healthcare garnered the largest share. This is due to rising number of patients taking treatment in healthcare institutions, followed by a significant rise in waste generation, contributing to the increased demand for biohazard bags in the global space. The rising elderly population in the world is positively influencing the demand for healthcare, including the waste management system, fueling the expansion of the biohazard bags market.
By End User Analysis
Pharmaceutical & Biopharmaceutical Industries segment held the significant market revenue share in 2023
The pharmaceutical and biopharmaceutical segment held a significant market share in revenue in 2023, which is highly accelerated due to the continuous rise in the research studies in this space, leading to a significant rise in waste generation and driving the demand for biohazard bags in the marketplace. Furthermore, the necessity to meet regulatory challenges by the pharmaceutical agencies is promptly fueling the adoption of biohazard bags.
Regional Insights
North America region registered the largest share of the global market in 2023
The North America region dominated the global market. This dominance is due to the presence of major players producing biohazard bags and the presence of established healthcare infrastructure. The significant uptick in pharmaceutical and biotechnological research initiatives is facilitating the new demand and contributing to the larger regional share in the world.
The Asia Pacific region is expected to be the fastest growing region with a healthy CAGR during the forecast period, owing to the growing investments in the healthcare sector and the presence of a larger population facing health issues. According to the LocalCircles survey released in October 2023, around one in three children in India has fallen ill with the flu or respiratory symptoms in the last 12 months. With the prevalence of health issues in countries like India, there will be a significant necessity for biohazard bags soon.
Additionally, the rising government and non-government organizations support to enhance the waste management activities in the region is likely to bolster the biohazard bags expansion in the long run. For instance,
Moreover, the increasing clinical in Europe is anticipated to create significant demand in the next few years. According to the National Health Service in 2023, around 156,000 tonnes of biomedical waste is produced annually. This trend is likely to boost the demand for biohazard bags, as they play effective role in carrying bio-hazardous waste in the waste management activities.
Key Market Players & Competitive Insights
Strategic developments to drive the competition
The biohazard bag market is fragmented with the presence and evolution of several market players engaged in the design and manufacturing of the biohazard bags. Key players are involved in strategic innovations & expansion activities to promote their proficiency in designing compatible biohazard waste handling bags and gain a competitive advantage over their peers.
Some of the major players operating in the global market include:
- Abdos Labtech Pvt. Ltd. (India)
- American Plastics Co. (US)
- BioMedical Waste Solutions LLC (US)
- Champion Plastics, Medline Industries, Inc. (India)
- Dana Poly Inc (US)
- Global Packaging Solutions (India)
- International Plastics Inc. (US)
- Merck KGaA (Germany)
- Thermo Fisher Scientific Inc. (US)
- Transcendia Inc. (US)
Recent Developments in the Industry
- In November 2023, the National Institute for Interdisciplinary Science and Technology, a Kerala-based institution, developed the technology to limit the challenges associated with biomedical waste disposal by converting it into soil manure.
- In August 2022, Japan and the United Nations Development Programme announced the new project launch, healthcare waste management for the infection diseases in Bhutan, Bangladesh, and Maldives with investment of USD 11 million over 2 years.
Report Coverage
The biohazard bags market report emphasizes on key regions across the globe to provide better understanding of the product to the users. Also, the report provides market insights into recent developments, trends and analyzes the technologies that are gaining traction around the globe. Furthermore, the report covers in-depth qualitative analysis pertaining to various paradigm shifts associated with the transformation of these solutions.
The report provides detailed analysis of the market while focusing on various key aspects such as competitive analysis, material type, application, end user, capacity, and their futuristic growth opportunities.
Biohazard Bags Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 461.19 million |
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Revenue forecast in 2032 |
USD 789.44 million |
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CAGR |
6.9% from 2024 – 2032 |
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Base year |
2023 |
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Historical data |
2019 – 2022 |
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Forecast period |
2024 – 2032 |
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Quantitative units |
Revenue in USD million and CAGR from 2024 to 2032 |
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Segments covered |
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Regional scope |
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Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
FAQ's
key companies in Biohazard Bags Market are Abdos Labtech Pvt. Ltd., American Plastics Co., BioMedical Waste Solutions LLC
Biohazard Bags Market exhibiting a CAGR of 6.9% during the forecast period.
The Biohazard Bags Market report covering key segments are material type, application, end-user, and region.
key driving factors in Biohazard Bags Market are Rising innovations in the pharmaceutical space
Biohazard Bags Market Size Worth $789.44 Million By 2032
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