CATEGORY

Medical Coveralls

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Medical Coveralls Market Monitoring Dashboard


Supply Demand

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Medical Coveralls Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Medical Coveralls category is 18.50%

Payment Terms

(in days)

The industry average payment terms in Medical Coveralls category for the current quarter is 55.6 days

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Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

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Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Medical Coveralls Suppliers


    1,212
    Total Suppliers
    81
    Diverse Suppliers
    82
    Normalized Supplier Rating
    Medical Coveralls Supplier

    Find the right-fit medical coveralls supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    MERCK KGaA
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    1
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    54

    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    50
    Social
    64
    Governance
    44
    6 Domains Performance (/100)
    Business behaviour
    55
    Human rights
    71
    Community Environment
    63
    Corporate governance
    43
    Human resources
    57
    Security Scorecard
    79

    Threat indicators
    C
    77
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    B
    80
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    F
    49
    Application Security
    Detecting common website application vulnerbilities
    A
    100
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    B
    89
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    merckgroup.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    9
    Human Rights Issues
    1
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    9
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    11
    Fraud Issues
    3
    Labor Health Safety Flags
    2
    Regulatory Issues
    8
    Workforce Disputes
    1
    Sanctions
    0
    esg energy transition
    53
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Medical Coveralls Market Intelligence

    global market outlook

      • The global coveralls market was valued at $4.1 billion in 2020 and is expected to reach $7.26 billion by 2025, growing at a CAGR of 11-12 percent during the forecast period 2020-2025
      • Advanced markets like North America and Europe collectively account for about 70 percent of global coverall consumption due to the high demand for these products in many industries
      • The US registered as one of the major consuming country of coveralls followed by Canada, accounting for more than 25 percent of the total consumption in North America
      • APAC countries are major suppliers of coveralls and other PPE products due to the abundant presence of cheaper raw materials and low labor cost
      • Most of the suppliers in APAC are in China, India, Vietnam, and Taiwan

    Medical Coveralls market report transcript


    Medical Coveralls Global Market Outlook:

    MARKET OVERVIEW:

    • Global market size – $1.61 billion (2019)
    • Expected to grow at a CAGR of 5.9 percent to 3.02 Bn by 2030

    Key End-use Industries:
    Pharmaceuticals, healthcare (major market share) and chemicals
    Market Trends:

    • Emergence of new health threats a) COVID-19, A(H1N1), SARS, bird flu, Ebola, etc.
    • Stringent regulations for making coveralls mandatory for workers safety

    Porter's Analysis on Medical Coveralls

    Supplier Power

    • Fragmented Market: The supplier market for coveralls is fragmented due to the presence of various players from the low cost countries. Coveralls demand is higher than supply however due to the regulatory measures, suppliers are having low or medium bargaining power in the coverall market.

    Barriers to New Entrants

    • Regulated Industry: The market is a highly capital intensive and regulated, so barriers to entry are higher. However, the recent outbreak of coronavirus opens up high potential opportunities for new players to enter the market due to the huge demand and support from regulatory bodies to boost the production.

    Intensity of Rivalry

    • The supplier base is highly fragmented with more players entering the market due to the recent virus outbreak. Manufacturers are also continuously expanding capacity by introducing additional production lines to cater to the demand, however the expensive machinery and expertise required in making the coveralls make it a competition intense market. The above trends leave the intensity of the rivalry as high among suppliers.

    Threat of Substitutes

    • The coveralls used in medical industries are mostly manufactured by the guidelines issued by the regulatory authorities and are allowed in the market only after approval. Raw materials are crucial for differentiating the purpose of different coveralls. Therefore threat of a substitute is low in terms of the specific coverall market, however new technologies and innovations by top players can be considered as a threat to current low key market players.

    Buyer Power

    • The gap in supply-demand along with the absence of sufficient options results in less buyer bargaining power.
    • Due to the outbreak, the demand for coveralls has increased, however due to low availability, buyers are having very less or no option. Buyers are having low to medium bargaining power due to this demand supply gap issue.