According to the research report titled ‘North America Biohazard Bags Market Growth By Material Type, Capacity Type, End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, the valuation of North America biohazard bags market is expected to cross USD 190 million by the year 2026.
 

Increasing awareness pertaining to environmental sustainability has impelled the demand for biohazard bags, which in turn is a prime factor favoring the market outlook in North America. Rising adoption of the product in various healthcare settings due to COVID-19 outbreak is further aiding the market expansion.
 

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Medical waste usually comprises of various infectious materials which could be generated by healthcare institutes such as blood banks, research centers, and hospitals. Thus, growing demand for adequate waste management systems coupled with rising inclination towards using safe & effective medical waste disposal practices has amplified product adoption in NA.
 

As per capacity type, the report cites that more than 35 gallon segment accounted for a significant market share in 2019 and is predicted to expand with a CAGR of 7% between 2020 and 2026. Consumer preferences towards using biohazard bags of more than 35 gallons in hospitals, laboratories and nursing centers is fueling the segmental share.
 

In terms of material type, the high-density polyethylene segment was worth USD 15 million in the year 2019. The material is a cost-effective thermoplastic which offers high durability, flexibility, and weather resistance. Increasing utilization of high density polyethylene-based biohazard bags, especially because of COVID-19 pandemic, is favoring the market outlook.
 

Moving on to end-user scope, the report claims that laboratories and research centers segment is estimated to hold 33% revenue share by the year 2026. Increasing volume of infectious wastes produced from laboratories coupled with widespread adoption of biohazard bags for collecting and disposing such wastes is positively influencing the segmental growth.
 

From the regional perspective, U.S. biohazard bags market is expected to showcase a y-o-y growth rate of 7.5% through 2026. Strict regulatory scenario for collecting and disposing medical waste during coronavirus pandemic is augmenting the regional demand for biohazard bags. Additionally, high volume of medical wastes produced from healthcare institutions is facilitating the business scenario in the United States.
 

The prominent companies operating in North America biohazard bags market are Fisher Scientific International Inc., Desco Medical India, Transcendia Inc., ABDOS Labtech Pvt. Ltd., Veolia Environnement S.A, Suez, Stericycle, Daniels Health, and Biomedical Waste Solutions, LLC among others.