Biohazard Bags Market Size by Capacity, By Material, By End-Use, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023

Description

List of Tables

Biohazard Bags Market is expected to grow significantly through 2032, owing to the rapidly expanding healthcare industry, especially in developing Asia Pacific countries. For instance, between 2010 and 2019, the growth rate in per capita health expenditure was 4.7% every year, which was higher than the recorded GDP of 3.6% in the region.

Clinical laboratories, hospitals, and pharmacies produce dangerous and infectious wastes, which are collected, compiled, packed, and disposed using biohazard bags. These bags are available in a wide range of sizes and capacities to satisfy the needs of various medical facilities, thereby pushing their demand during the next decade.

Besides, governments of various nations such as China and India are constantly focusing on enhancing healthcare services and advancing healthcare infrastructure, which will also fuel the demand for biohazard bags. In addition, the constantly increasing volume of medical waste, coupled with rising concern for environmental and public health safety, will positively influence the biohazard bag industry outlook.

Overall, the biohazard bags industry is segmented in terms of capacity, material, end-use, and region.

Based on capacity, the less than 15 gallon segment accounted for over 17% market share in 2022. Less than 15-gallon capacity biohazard bags are used for collecting, transporting, and storing biohazardous waste, and offer long-lasting durability. In addition, these bags are extensively used to isolate hazardous items accumulated in hospitals, laboratories, and other healthcare facilities to avoid spreading infections to other patients and healthcare workers.

In terms of material, the polyethylene industry is anticipated to register notable gains through 2032. Since polyethylene biohazard bags offer high thickness and tear resistance and can be burned in an incinerator, producing minimal ash, their demand is expected to grow considerably over the next ten years.

Considering the end-use, the hospital segment accounted for over 32% market share in 2022 and is estimated to showcase sturdy growth by 2032. Hospitals generate various toxic wastes that are required to be collected, stored, and transported properly to avoid infection among healthcare professionals and patients. This has produced an intrinsic need for biohazard bags in hospital settings.

Regionally, the Asia Pacific biohazard bags market is projected to grow significantly through 2032. Governments across the region are increasingly investing in predefining the process of segregating hazardous waste from healthcare settings. Besides, they are also imposing several guidelines for collecting medical waste precisely without harming the environment, which is anticipated to surge the demand for biohazard bags in this region.

Product Code: 4636

Chapter 1 Methodology & Scope

1.1 Methodology
1.2 Market scope & definitions
1.3 Base estimates & working
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 MEA
1.4 Forecast calculations
1.5 Data validation
1.6 COVID-19 impact analysis at global level
1.7 Data sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Biohazard bags industry 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Capacity type trends
- 2.1.3 Material type trends
- 2.1.4 End-use trends
- 2.1.5 Regional trends

Chapter 3 Biohazard Bags Industry Insights

3.1 Industry landscape, 2018 - 2032
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Growing demand for biohazard bags globally
  - 3.2.1.2 Favorable regulatory guidelines for effective waste management across the globe
  - 3.2.1.3 Growing healthcare industry especially in developing countries
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 Lack of awareness regarding health hazards associated with medical waste
  - 3.2.2.2 Lack of training for proper disposal of medical waste
3.3 Growth potential analysis
- 3.3.1 By capacity type
- 3.3.2 By material type
- 3.3.3 By end-use
3.4 COVID-19 impact analysis
- 3.4.1 Impact of COVID-19, on major markets
  - 3.4.1.1 Overview
  - 3.4.1.2 North America
  - 3.4.1.3 Europe
  - 3.4.1.4 Asia Pacific
3.5 Industry value chain analysis
- 3.5.1 Manufacturing
- 3.5.2 Marketing
- 3.5.3 Supply
3.6 Raw material analysis
- 3.6.1 Polyethylene
- 3.6.2 Polypropylene
- 3.6.3 Plastic
- 3.6.4 High-density polyethylene
3.7 Regulatory landscape
- 3.7.1 U.S.
- 3.7.2 Europe
- 3.7.3 Asia Pacific
3.8 Porter's analysis
3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2021

4.1 Introduction
- 4.1.1 Stericycle
- 4.1.2 Transcendia
- 4.1.3 VWR International, LLC.
4.2 Competitive dashboard, 2021
4.3 Company matrix analysis, 2021
4.4 Competitive analysis of major market players
4.5 Competitive positioning matrix
4.6 Strategic outlook matrix

Chapter 5 Biohazard Bags Market, By Capacity Type

5.1 Key segment trends
5.2 Less than 15 gallon
- 5.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
5.3 15 to 35 gallon
- 5.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)
5.4 More than 35 gallon
- 5.4.1 Market estimates and forecast, 2018 - 2032 (USD Million)

Chapter 6 Biohazard Bags Market, By Material Type

6.1 Key segment trends
6.2 Polypropylene
- 6.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
6.3 Polyethylene
- 6.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)
6.4 Plastic
- 6.4.1 Market estimates and forecast, 2018 - 2032 (USD Million)
6.5 High-density Polyethylene (HDPE)
- 6.5.1 Market estimates and forecast, 2018 - 2032 (USD Million)
6.6 Others
- 6.6.1 Market estimates and forecast, 2018 - 2032 (USD Million)

Chapter 7 Biohazard Bags Market, By End-use

7.1 Key segment trends
7.2 Hospitals
- 7.2.1 Market estimates and forecast, 2018 - 2032 (USD Million)
7.3 Laboratories and research centers
- 7.3.1 Market estimates and forecast, 2018 - 2032 (USD Million)
7.4 Clinics and diagnostic centers
- 7.4.1 Market estimates and forecast, 2018 - 2032 (USD Million)
7.5 Pharmaceutical abd biotech companies
- 7.5.1 Market estimates and forecast, 2018 - 2032 (USD Million)
7.6 Others
- 7.6.1 Market estimates and forecast, 2018 - 2032 (USD Million)

Chapter 8 Biohazard Bags Market Market, By Region

8.1 Key regional trends
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Poland
- 8.3.7 Switzerland
- 8.3.8 Sweden
8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Indonesia
- 8.4.7 Thailand
- 8.4.8 Vietnam
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Chile
- 8.5.5 Colombia
- 8.5.6 Peru
8.6 Middle East & Africa
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Iran
- 8.6.5 Iraq
- 8.6.6 Israel

Chapter 9 Company Profiles

9.1 Stericycle
9.2 Abdos Labtech Private Limited.
9.3 Transcendia
9.4 ThermoFisher Scientific
9.5 Sharps Compliance, Inc
9.6 Desco Medical
9.7 Lithey Inc.
9.8 Bel-Art Products
9.9 TUFPAK, INC
9.10 Action Health
9.11 Medegen Medical Products
9.12 Heathrow Scientific
9.13 VWR International, LLC
9.14 Cole-Parmer Instrument Company, LLC.