Biohazard waste, better known as biomedical waste that include wastes from hospitals or laboratory origin along with wastes from research laboratory containing biomolecules or wastes that are hazardous to environmental conditions. Biomedical waste can be in solid or liquid form, namely unwanted microbiological cultures, body parts, used bandages, human or animal tissue, used and unsterilized gloves, other medical supplies that may contain stains of blood and blood fluids. Solid wastes can be in form of needles, scalpels, lancets and other medical devices that can penetrate into the skin easily. Thus, biomedical waste is generated from biological & medical sources and activities like prevention or treatment of diseases, diagnosis, medical research labs. Such wastes can be termed as clinical or medical waste and it is different from normal junk/general waste because biohazards wastes are nonetheless than radioactive chemicals.
In such scenarios, biohazard bags serve as the best alternative for waste disposal. It prevents contamination of the waste and also ensures about the safety of the handler plus it prevents any disease transmission. The bio hazard bags are normally designed containing three layers of polypropylene or plastic polymer.
The driving factors responsible for the growth of bio-hazards bag market include hospitals which produce bio-hazardous waste for justifiable reasons. In developed countries bio hazards waste accumulate due to advanced medical treatment which is why, bio-hazards bag market enjoys lucrative growth. Moreover, the governments in developed countries have put up some stringent rules for hazard disposal that fortify the safety and security of the citizens. Additionally, treatment for aging population has added to the global growth of bio-hazards market.
The global bio-hazards bag market experiences some restraints owing to the differences between the developed and developed economies. In the APAC regions, most countries lack awareness about safe disposal methods for bio-hazards. Government regulations are also less stringent in developing economies. On contrary, in the developed economies, stringent laws are incapable to keep the production of bio-hazard waste under control though the disposal methods are safe. Moreover, it is found that developed countries export used bio-hazard bags in sterilized forms to developing countries at a much lower cost which even worsens the hygiene scenarios in the developed countries.
On the basis of geographic segmentation, the global bio-hazards bag market spans North America, Latin America, Western Europe, Eastern Europe, Middle-East, Africa and Asia Pacific.
North America is the largest market for bio hazard bags owing to stringent government regulations. The Asia Pacific regions are projected to grow at a steady rate during the forecast period owing rapid urbanization that may lead to growth in efficient waste management systems. The key players in the global bio-hazards bag market include BioMedical Waste Solutions, LLC, Clean Harbors, Inc., Daniels Sharpsmart, Inc., REMONDIS Medison GmbH, Republic Services, Inc., Sharps Compliance, Inc., Stericycle, Inc., Suez Environment S.A., Veolia Environment S.A., and Waste Management, Inc.
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