Copyright © 2024 Research Nester. All Rights Reserved
Biohazard Bags Market size was over USD 471.85 million in 2024 and is anticipated to cross USD 1.05 billion by 2037, growing at more than 6.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of biohazard bags is estimated at USD 497.52 million.
Biomedical waste or biohazard waste is any waste that contains infectious materials and is generated from the diagnosis, prevention, or treatment of diseases. The infectious substances could be human bodily fluids, microbiological, pathological, animal waste, sharps, human/animal tissue, used bandages and dressings, discarded gloves, and other. Bio Hazard bags are created to collect and dispose of this waste.
Bio hazard bags are labeled, colored, and marked separately for different types of hospital waste, as per the healthcare standards. On top of the high health risks associated with poor management of medical waste, it can negatively impact the environment and there are substantial risks of pollution of water, air, and soil.
According to WHO, poor management of bio waste (used needles & syringes, soiled dressings, body parts, diagnostic samples, blood, chemicals, pharmaceuticals, medical devices, and radioactive materials) potentially uncover patients, healthcare workers, waste handlers and community at large to toxic effects, infection and injuries.
For sharps such as needles, surgical tools, and other contaminated metal items, bags are generally made from HDPE (High-Density Polyethylene) material. According to FDA guidelines, all sharps disposal containers should be made of heavy-duty plastic, able to close with a tight-fitting puncture-resistant lid, upright and stable during use, leak-resistant, and accurately labeled to warn of hazardous waste inside the container.
Growth
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
6.4% |
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Base Year Market Size (2024) |
USD 471.85 million |
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Forecast Year Market Size (2037) |
USD 1.05 billion |
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Regional Scope |
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The biohazard bags market is segmented by product material, application, end-user, and region. Among end use segmentation, the hospital segment is expected to hold the largest market share during the forecast period as there has been an increase in biohazardous waste generation across the globe especially due to the COVID 19 outbreak.
Our in-depth analysis of the global biohazard bags market includes the following segments:
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By Product Material |
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By Application |
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By End-User |
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North America industry is poised to dominate majority revenue share by 2037, impelled by rising aging population, highly developed healthcare industry, and growing prevalence of infectious and chronic diseases.
The Occupational Safety and Health Administration (OSHA is an agency under the US Dept. of Labor) strictly regulates the Occupational Exposure to Bloodborne Pathogens Standard which was created in 1991, to keep the patients and staff safe when dealing with bloodborne pathogens.
The Asia Pacific regions are expected to grow at a steady rate during the forecast period owing to the rising population, rapid urbanization that may lead to effective waste management systems.
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
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