Biohazard Bags Market Trends

Growth

• Increased demand for bio hazards bag owing to COVID 19 pandemic
  The current coronavirus pandemic has boosted the demand for bio hazards bags across the globe. With increasing patients, there is a lot of biomedical waste generated which requires proper disposal to protect human health and the environment. 
  
  “Gient”, China’s biggest professional supplier of medical waste treatment equipment is assisting the Govt. of Wuhan to construct a biowaste treatment plant that will operate 24 hours per day, processing 30 tons daily. Wuhan was the first city to witness the impact of COVID 19 pandemic leading to a large amount of infectious medical waste.
  
  Additionally, stringent regulations for effective bio hazard waste management in developed countries has also contributed towards the growth of the biohazard bags market.
• Growing healthcare sector:In 2018, WHO estimated that in high-income countries, around 0.5 kg of hazardous waste is generated from each hospital bed daily, and in low-income countries, it is around 0.2 kgs.
  
  Therefore, hospitals are the largest generators of biohazardous waste and are anticipated to contribute significantly towards the growth of biohazard bags market in the forecast period.

Challenges

• Growth constraints owing to developing economies
  In emerging economies such as India, China, and MEA, there is a general lack of awareness regarding health hazards, lack of training for proper disposal methods, and waste care being operated without authorization under Biomedical Waste Management Rules, which might hamper the global market growth of biohazard bags market.