Global Biohazard Bags Market to Perceive Widespread Growth with Growing Generation of Biohazardous Medical Wastes

Piles of extra medical waste is being generated since the unprecedented outbreak of the COVID-19 pandemic in 2020. The accumulation of heaps of biohazardous medical waste has imposed terrific pressure on the healthcare waste management systems. Service providers across the healthcare sector transport biohazardous waste materials every day, such as laboratory specimens, human blood and tissues, test samples, and other medical wastes. These materials are usually transported between numerous centres for diagnosis, testing, medical use, or disposal. However, as these substance as hazardous and infectious, they should be wrapped in such a manner that they do not come in contact with any exterior entities, and safeguard the health of medical waste transporters and handlers.

Biohazard bags are extensively used in the medical industry for packaging biohazardous material. These bags are clearly and explicitly labelled so that they can be handled with the right care and attention. Numerous healthcare companies worldwide use biohazard bags to carefully and safely handle and transport perilous medical wastes from one place to another.

Newest Insights in the Biohazard Bags Market

Owing to the rapid development of the healthcare industry and increased necessity for hygiene during the COVID-19 pandemic, the need for efficient waste disposal systems is rising; which is encouraging the biohazard bags market growth. As per a report by Research Dive, the global biohazard bags market is expected to surpass $679.1 million in the 2022–2030 timeframe. The North America biohazard bags market is expected to perceive leading and speedy growth in the years to come. This is because, the region has a gigantic patient populations which needs medical care, thus generating piles of medical waste. As per market analysts, the region is expected to perceive enormous growth in the future years.

How are Market Players Responding to the Rising Demand for Biohazard Bags?

Market players are greatly investing in advanced product launches to cater the rising demand for biohazard bags. Some of the notable players of the biohazard bags market are SP Bel-Art, Daniels Health, Abdos Labtech Private Limited, BioMedical Waste Solutions, LLC., International Plastics Inc., Transcendia, Thermo Fisher Scientific, MiniGrip, VEOLIA, Stericycle, and others. These players are focused on planning and devising tactics such as mergers and acquisitions, collaborations, novel advances, and partnerships to reach a notable position in the global market.

For instance,

• In May 2020, LabCorp, a frontrunner in providing physicians with laboratory tests, made available at-home sample collection kit for conducting COVID-19 tests for individuals with symptoms and potential contact to the deadly virus. The at-home sample collection kits consist of cotton swabs for collecting nasal samples, a biohazard sample bag, and a FedEx overnight shipping packet to post the collected samples to laboratories.
• In February 2021, Justrite Safety Group, a worldwide forerunner in industrial safety products, launched a line of poly waste container bags that are developed with an aim to effortlessly recognize biohazard as well as infectious linen waste for their proper management and disposal.
• In May 2021, Mylab Discovery Solutions, an Indian diagnostic company, proclaimed that it has obtained an approval from the Indian Council of Medical Research (ICMR) for the nation’s first self-use rapid antigen test for Covid-19. Each kit consists all the required testing materials, guidelines for using (IFU) leaflet, and a biohazard bag to carefully discard the kit after testing.

COVID-19 Impact on the Global Biohazard Bags Market

The unexpected rise of the coronavirus pandemic in 2020 has positively impacted the global biohazard bags market. During the pandemic period, the demand for biohazard bags surged magnificently owing to the growing necessity to uphold hygiene and cleanliness. Moreover, rising fatalities in the course of the pandemic boosted the generation of biohazard waste at funeral homes as well as autopsy centres; this fuelled the demand for the biohazard bags for waste disposal. All these factors resulted in a drastic upsurge in the biohazard bags market growth in the pandemic period.