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Dublin, April 13, 2021 (GLOBE NEWSWIRE) -- The "Global Biohazard Bags Market (2020-2025) by Material, Application, End User, Geography, Competitive Analysis, Impact of Covid-19 and Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Biohazard Bags Market is estimated to be USD 323.24 Mn in 2020 and is expected to reach USD 440.80 Mn by 2025, growing at a CAGR of 6.4 %.Market DynamicsThe major driving factor of the global biohazard bags market is the rapidly increasing number of hospitals and pathology centres across the globe, which fuels the growth of the global biohazard bags market over the forecast period. Aging population along with stringent government regulations to use biohazard bags by the healthcare organizations for the safety of patients will help to push the global biohazard bags market towards significant growth across various developed and developing countries. Moreover, robust growth in pharmaceutical industry across the globe, owing to the rising demand formedicines, will lead the global biohazard bags market to high growth. Market SegmentationThe Global Biohazard Bags Market is segmented further based on Material, Application, End User and Geography.By Material, the market is classified into Polypropylene, Low-density Polyethylene, High-density Polyethylene and Cellophane.By Application, the market is classified into Infectious Waste, Chemical and Pharmaceutical Waste, General Healthcare Waste and Other Wastes.By End User, the market is classified amongst Hospitals, Diagnostics Laboratories, Research centers, Pharmaceutical and biotech companies, Chemical industry, and other users.By Geography, Asia Pacific is the largest market.Recent Developments1. On 22 April 2020, offered many necessities for lab and hospital workers during the COVID-19 pandemic. They offer products like medical device covers, multi-compartment specimen collection bags and 95kPa biohazard transport bags.Company ProfilesSome of the companies covered in this report are Bel-Art SP Scienceware, Dynalab Corp., Heathrow Scientific, MiniGrip, TufPak, Cole-Parmer, Thermo Fisher Scientific, International Plastics Inc., Merck & Co., Inc., Desco Medical India, Biomedical Waste Solutions, Stericycle, Veolia, Daniel Health, Abdos Labtech, etc.Competitive QuadrantThe report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Why buy this report? The report offers a comprehensive evaluation of the Global Biohazard Bags Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.The report also contains the competitive analysis using IGR Competitive Quadrant, the analyst's proprietary competitive positioning tool. Report Highlights: A complete analysis of the market, including parent industryImportant market dynamics and trendsMarket segmentationHistorical, current, and projected size of the market based on value and volumeMarket shares and strategies of key playersRecommendations to companies for strengthening their foothold in the market Key Topics Covered: 1 Report Description1.1 Study Objectives 1.2 Market Definition1.3 Currency1.4 Years Considered1.5 Language1.6 Key Stakeholders2 Research Methodology2.1 Research Process2.2 Data Collection and Validation2.2.1 Secondary Research2.2.2 Primary Research2.3 Market Size Estimation2.4 Assumptions of the Study2.5 Limitations of the Study3 Executive Summary4 Market Overview4.1 Introduction 4.2 Market Dynamics4.2.1 Drivers4.2.1.1 Increased demand forhazardous bags in hospitals due to the rising COVID-19 cases globally4.2.1.2 Stringent regulatory guidelines for effective waste management across the globe4.2.1.3 Growing healthcare industry especially in developing countries 4.2.2 Restraints4.2.2.1 High Market competition and substitutes4.2.3 Opportunities4.2.3.1 Increased requirement of efficient waste management systems. 4.2.4 Challenges4.2.4.1 Lack of awareness regarding health hazards associated with medical waste4.2.4.2 Lack of training for proper disposal of medical waste4.3 Trends5 Market Analysis5.1 Porter's Five Forces Analysis5.2 Impact of COVID-195.3 Ansoff Matrix Analysis6 Global Biohazard Bags Market, By Material6.1 Introduction6.2 Polypropylene6.3 Low-density Polyethylene6.4 High-density Polyethylene6.5 Cellophane7 Global Biohazard Bags Market, By Application7.1 Introduction7.2 Infectious Waste7.3 Chemical and Pharmaceutical Waste7.4 General Healthcare Waste7.5 Other Wastes8 Global Biohazard Bags Market, By End User8.1 Introduction8.2 Hospitals8.3 Diagnostics Laboratories8.4 Laboratories and research centers8.5 Pharmaceutical and biotech companies8.6 Chemical industry8.7 Others 9 Global Biohazard Bags Market, By Geography9.1 Introduction9.2 North America9.2.1 US9.2.2 Canada9.2.3 Mexico9.3 South America9.3.1 Brazil9.3.2 Argentina9.4 Europe9.4.1 UK9.4.2 France9.4.3 Germany9.4.4 Italy9.4.5 Spain9.4.6 Rest of Europe9.5 Asia-Pacific9.5.1 China9.5.2 Japan9.5.3 India9.5.4 Indonesia9.5.5 Malaysia9.5.6 South Korea9.5.7 Australia9.5.8 Russia9.5.9 Rest of APAC9.6 Rest of the World9.6.1 Qatar9.6.2 Saudi Arabia9.6.3 South Africa9.6.4 United Arab Emirates9.6.5 Latin America10 Competitive Landscape10.1 IGR Competitive Quadrant10.2 Market Share Analysis10.3 Competitive Scenario10.3.1 Mergers & Acquisitions10.3.2 Agreement, Collaborations, & Partnerships10.3.3 New Product Launches & Enhancements10.3.4 Investments & Funding11 Company Profiles11.1 Bel-Art SP Scienceware11.2 Dynalab Corp.11.3 Heathrow Scientific11.4 MiniGrip11.5 TufPak11.6 Cole-Parmer11.7 Thermo Fisher Scientific11.8 International Plastics Inc.11.9 Merck & Co., Inc.11.10 Desco Medical India 11.11 Biomedical Waste Solutions11.12 Stericycle11.13 Veolia11.14 Daniel Health11.15 Abdos Labtech11.16 Transcendia11.17 Fisher Scientific11.18 SUEZ, REMONDIS11.19 Sharps Compliance11.20 Beaufy Group Ltd.11.21 Bound Tree Medical (Sarnova)11.22 Tongcheng Tianbai Plastic Co. Ltd.11.23 W.W. Grainger Inc. 11.24 Lithey Inc11.25 Global Packaging Solutions11.26 Champion Plastics11.27 Dana Poly Inc.11.28 Propper Manufacturing11.29 International Plastics Inc.,12 Appendix12.1 QuestionnaireFor more information about this report visit https://www.researchandmarkets.com/r/6ek1e8 CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900