Product Code: PM4672
The global biohazard bags market size is expected to reach USD 789.44 million by 2032, according to a new study by Polaris Market Research. The report "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" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growth of the biohazard bags market is highly influenced by rising waste at the global level, specifically from the healthcare industry, which requires resilient bags for waste management procedures such as recycling and other disposal activities. Based on the estimation of the World Health Organization, approximately 16 Million injections are instilled in the world but lack proper disposal. The growing efforts taken by nations to effectively manage healthcare waste are anticipated to show a positive outlook on the global biohazard bag market in the coming years.
Furthermore, the recent COVID-19 outbreak led to a higher number of admissions to hospitals and other healthcare institutions, causing a significant need for the management of waste management equipment. The higher transmittance of viruses from one person to another heightened the importance of biohazard bags in the marketplace, along with the significant uptick in healthcare expenditure.
For instance, according to the Centres for Medicare and Medicaid Services, the United States health expenditure increased to 17.7% of GDP after the pandemic from 6.9% in 1970 and 2019. Research indicates that clinical waste is causing the United States to spend 5.4-15.7% of the national health expenditure, showcasing the financial impact of healthcare waste. Thus, the significant uptick in waste management is likely to enhance the demand potential for biohazard bags in the global market.
The increasing number of patients facing chronic and infectious health conditions in the marketplace is likely to stimulate the need for biohazard bags in the foreseeable future. According to the World Health Organization, around 15% of the waste generated in healthcare is hazardous due to its radioactive, toxic, and infectious content.
The growing awareness programs on the effects of biohazard health waste among the population and rising concerns about environmental pollution are likely to stimulate the adoption of biohazard bags in the healthcare industry. These bags are used to carry medical waste, including pathological, microbial, and pharmaceutical waste, for further disposal activities, which are utilized to segregate and manage waste prosperously. The ongoing circular economy initiatives are expected to drive optimal growth of biohazard bags throughout the forecast period.
Biohazard Bags Market Report Highlights
The polyethylene segment is anticipated to witness the highest growth in the coming years, primarily attributable to its superior chemical resistance power.
Healthcare waste segment accounted for the largest market share owing to the rising waste generation in hospitals and pharmaceutical companies.
The pharmaceutical and biopharmaceutical segment is projected to experience a larger revenue share due to the rising healthcare research activities.
Asia Pacific is expected to register the fastest growth during the study period, attributable to the increasing incidence of health problems in the population.
The global players include Abdos Labtech Pvt. Ltd., American Plastics Co., BioMedical Waste Solutions LLC, Champion Plastics, & Medline Industries, Inc.
Polaris Market Research has segmented the biohazard bags market report based on material type, application, end-user, and region:
Biohazard Bags, Material Type Outlook (Revenue - USD Million, 2019 - 2032)
- Polypropylene
- Polyethylene
- Cellophane
- Others
Biohazard Bags, Application Outlook (Revenue - USD Million, 2019 - 2032)
- Infections
- Healthcare Waste
- Chemical & Pharmaceutical
- Other Applications
Biohazard Bags, End User Outlook (Revenue - USD Million, 2019 - 2032)
- Hospitals
- Clinics, & Diagnostic Laboratories
- Home & Ambulatory Care
- Pharmaceutical & Biopharmaceutical Industries
- Others
Biohazard Bags, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Biohazard Bags Market Insights
- 4.1. Biohazard Bags Market - End User Snapshot
- 4.2. Biohazard Bags Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising innovations in the pharmaceutical space
- 4.2.1.2. Increasing medical waste in healthcare settings
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Regulatory hurdles are likely to impede market growth
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Biohazard Bags Market End User Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Biohazard Bags Market, by Material Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 5.3. Polypropylene
- 5.3.1. Global Biohazard Bags Market, by Polypropylene, by Region, 2019-2032 (USD Million)
- 5.4. Polyethylene
- 5.4.1. Global Biohazard Bags Market, by Polyethylene, by Region, 2019-2032 (USD Million)
- 5.5. Cellophane
- 5.5.1. Global Biohazard Bags Market, by Cellophane, by Region, 2019-2032 (USD Million)
- 5.6. Others
- 5.6.1. Global Biohazard Bags Market, by Others, by Region, 2019-2032 (USD Million)
6. Global Biohazard Bags Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 6.3. Infections
- 6.3.1. Global Biohazard Bags Market, by Infections, by Region, 2019-2032 (USD Million)
- 6.4. Healthcare Waste
- 6.4.1. Global Biohazard Bags Market, by Healthcare Waste, by Region, 2019-2032 (USD Million)
- 6.5. Chemical & Pharmaceutical
- 6.5.1. Global Biohazard Bags Market, by Chemical & Pharmaceutical, by Region, 2019-2032 (USD Million)
- 6.6. Others
- 6.6.1. Global Biohazard Bags Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Biohazard Bags Market, by End User
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 7.3. Hospitals
- 7.3.1. Global Biohazard Bags Market, by Hospitals, By Region, 2019-2032 (USD Million)
- 7.4. Clinics, & Diagnostic Laboratories
- 7.4.1. Global Biohazard Bags Market, by Clinics, & Diagnostic Laboratories, By Region, 2019-2032 (USD Million)
- 7.5. Home & Ambulatory Care
- 7.5.1. Global Biohazard Bags Market, by Home & Ambulatory Care, By Region, 2019-2032 (USD Million)
- 7.6. Pharmaceutical & Biopharmaceutical Industries
- 7.6.1. Global Biohazard Bags Market, by Pharmaceutical & Biopharmaceutical Industries, By Region, 2019-2032 (USD Million)
- 7.7. Others
- 7.7.1. Global Biohazard Bags Market, by Others, By Region, 2019-2032 (USD Million)
8. Global Biohazard Bags Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Biohazard Bags Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Biohazard Bags Market - North America
- 8.3.1. North America: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.3.2. North America: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.3.3. North America: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.3.4. Biohazard Bags Market - U.S.
- 8.3.4.1. U.S.: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.3.5. Biohazard Bags Market - Canada
- 8.3.5.1. Canada: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.4. Biohazard Bags Market - Europe
- 8.4.1. Europe: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.4.2. Europe.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.4.3. Europe: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.4.4. Biohazard Bags Market - UK
- 8.4.4.1. UK: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.4.4.3. UK: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.4.5. Biohazard Bags Market - France
- 8.4.5.1. France: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.4.5.2. France.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.4.5.3. France: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.4.6. Biohazard Bags Market - Germany
- 8.4.6.1. Germany: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.4.7. Biohazard Bags Market - Italy
- 8.4.7.1. Italy: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.4.8. Biohazard Bags Market - Spain
- 8.4.8.1. Spain: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.4.9. Biohazard Bags Market - Netherlands
- 8.4.9.1. Netherlands: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.4.10. Biohazard Bags Market - Russia
- 8.4.10.1. Russia: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.5. Biohazard Bags Market - Asia Pacific
- 8.5.1. Asia Pacific: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.5.4. Biohazard Bags Market - China
- 8.5.4.1. China: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.5.4.2. China.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.5.4.3. China: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.5.5. Biohazard Bags Market - India
- 8.5.5.1. India: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.5.5.2. India.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.5.5.3. India: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.5.6. Biohazard Bags Market - Malaysia
- 8.5.6.1. Malaysia: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.5.7. Biohazard Bags Market - Japan
- 8.5.7.1. Japan: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.5.8. Biohazard Bags Market - Indonesia
- 8.5.8.1. Indonesia: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.5.9. Biohazard Bags Market - South Korea
- 8.5.9.1. South Korea: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.6. Biohazard Bags Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.6.4. Biohazard Bags Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.6.5. Biohazard Bags Market - UAE
- 8.6.5.1. UAE: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.6.6. Biohazard Bags Market - Israel
- 8.6.6.1. Israel: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.6.7. Biohazard Bags Market - South Africa
- 8.6.7.1. South Africa: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.7. Biohazard Bags Market - Latin America
- 8.7.1. Latin America: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.7.3. Latin America: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.7.4. Biohazard Bags Market - Mexico
- 8.7.4.1. Mexico: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.7.5. Biohazard Bags Market - Brazil
- 8.7.5.1. Brazil: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
- 8.7.6. Biohazard Bags Market - Argentina
- 8.7.6.1. Argentina: Biohazard Bags Market, by Material Type, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Biohazard Bags Market, by End User, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Biohazard Bags Market, by Application, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Abdos Labtech Pvt. Ltd. (India)
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. American Plastics Co. (US)
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. BioMedical Waste Solutions LLC (US)
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Champion Plastics, Medline Industries, Inc. (India)
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Dana Poly Inc (US)
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Global Packaging Solutions (India)
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. International Plastics Inc. (US)
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Merck KGaA (Germany)
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Thermo Fisher Scientific Inc. (US)
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Transcendia Inc. (US)
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development