Indore Online Journal

Grand View Research, Inc

Procurement Outlook

Medical coveralls protect healthcare professionals from any kind of contamination. The demand for medical coveralls is on the rise since the beginning of the Covid-19 pandemic. Different regions have different quality classifications for medical coveralls. For instance, in the U.S., the coveralls have four levels. Whereas, in Europe, it has six levels. Following are the U.S. and European standards medical coveralls quality and its definitions:

•             U.S. Level A/ European Type 1 – Protection against gas/gas tight

•             U.S. Level B/European Type 2 and Type 3 – Non-gas tight and protection against liquid.

•             U.S. Level C/European Type 4 and Type 5 – Protection against liquid spray and airborne particles.

•             U.S. Level D/European Type 6 – Protection against liquid chemical splash.

Demand Outlook

The global medical coveralls market was estimated at ~USD 1.7 billion in 2020 and it is expected to grow at a CAGR of ~6% from 2020 to 2027. The demand for medical coveralls has surged significantly since the outbreak of Covid-19. It is extensively used during the pandemic to shield healthcare employees, such as nurses, doctors, and other medical personnel. Hospitals are the largest end-user segment in the global medical coveralls with more than 60% share followed by primary care facilities and clinics. Europe is the largest buyer of medical coveralls. It accounted for more than 35% share in the global medical coveralls market.

Cost Drivers

Woven & non-woven fabric and seam are the major raw materials used for medical coveralls production. The cost of raw material accounted for more than 40% of the overall cost of production. The raw materials should be certified with ISO 16604, EN 14126, ISO 22611, and ISO 22612 certifications. Both mask and body coverall share similar raw material. However, the manufacturing process is different. Mask manufacturing can be fully automated and can have a high output rate. A fully automated mask-making machine can give ~250,000 pieces of mask in 24 hours, while body coverall making, in comparison, is labor-oriented and has a lower rate of production. Hence, the cost of labor plays a crucial role in medical coveralls production.

Grab your copy, or request for a free sample of the “Medical Coveralls Industry Procurement Intelligence Report, published by Grand View Research” for In-depth details regarding supplier ranking and selection, sourcing, and pricing criteria & strategies.

Add-on Services provided by Grand View Research Pipeline:

Should Cost Analysis

Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process

Rate Benchmarking

Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier

Salary Benchmarking

Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.

Supplier Newsletter

A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

•             Market Intelligence involving – market size and forecast, growth factors, and driving trends

•             Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships

•             Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

Browse through Grand View Research’s collection of procurement intelligence studies:

•             Facilities Management Services Market Procurement Intelligence – The global facilities management services market is valued at USD 740.1 billion as of 2020 and is expected to grow at a CAGR of 4% till 2025. APAC, EMEA, and the North American facilities management market are more or less of the same size, each occupying approximately 30% of the overall market space.

•             Low Density Polyethylene Market Procurement Intelligence – The global LDPE market was valued at USD 35.6 billion in 2020 and is expected to reach USD 43.1 billion by 2025. The global production of LDPE as of 2020 stood at 25.3 million MT with Asia being the largest producers as well as the largest consumers of LDPE.

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Website: https://www.grandviewresearch.com/pipeline/medical-coveralls-industry-procurement-intelligence-report