Global Biohazard Bags Market 2024-2028
Global Biohazard Bags Market 2024-2028
The biohazard bags market is forecasted to grow by USD 74.9 million during 2023-2028, accelerating at a CAGR of 4.49% during the forecast period. The report on the biohazard bags market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of hospitals and pathology centers, increased awareness about clinical waste, and waste management programs.
Technavio's biohazard bags market is segmented as below:
- By Application
- Hospitals
- Laboratories and research centers
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increased use of polypropylene as one of the prime reasons driving the biohazard bags market growth during the next few years. Also, strict regulatory guidelines for efficient collection and treatment of medical waste and high demand for eco-friendly bags will lead to sizable demand in the market.
The report on the biohazard bags market covers the following areas:
- Biohazard bags market sizing
- Biohazard bags market forecast
- Biohazard bags market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biohazard bags market vendors that include Abdos Labtech Pvt. Ltd., American Plastics Co., Antylia Scientific, BioMedical Waste Solutions LLC, Bionics Scientific Technologies Pvt. Ltd., Boen Healthcare Co. Ltd., Champion Plastics, Deluxe Scientific Surgico Pvt. Ltd., GV Health Ltd., Heathrow Scientific LLC, International Plastics Inc., Merck KGaA, New Pig Corp., SP Industries Inc., Spartech LLC, Stericycle Inc., Thermo Fisher Scientific Inc., Transcendia Inc., United States Plastic Corp., and Welpack Industries Pvt. Ltd.. Also, the biohazard bags market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.