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.

Biohazard Bags Market: Key Insights

The bio-hazards bag market is expected to observe an attainable high CAGR during the forecast period, i.e., 2020-2028. The 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.

Base Year	2024
Forecast Year	2025-2037
CAGR	6.4%
Base Year Market Size (2024)	USD 471.85 million
Forecast Year Market Size (2037)	USD 1.05 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of biohazard bags is estimated at USD 497.52 million.

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.

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 major players in the market are Clean Harbors, Inc., Daniels Sharpsmart, Inc., REMONDIS Medison GmbH, Republic Services, Inc., Sharps Compliance, Inc., Stericycle, Inc., Suez Environment S.A., Veolia Environnement S.A., WM Intellectual Property Holdings, L.L.C., and others.

Biohazard Bags Market Trends