Disposable Medical Gloves Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

Every organization and its procurement team look forward to negotiating the best deal while procuring a set of products or subscribing to services. Rate benchmarking involves price/cost comparison of more than one set of products/services to analyze the most efficient combination that can potentially help the procurement team in getting the optimum rate.

The prices of disposable medical gloves depend on certain factors such as the material of which the glove is made, thickness, the features a glove possesses (such as powered, beaded, textured, sterile / non-sterile, etc.), the brand, sizes, and the quantity of purchase.

In the U.S., a box of 100 disposable latex gloves may cost between $10 and $20, whereas a package of 100 nitrile gloves could cost anywhere from $10 to $25. In addition, a box of 100 plastic (PE) gloves can range in price from $3 to $10. Furthermore, a box of 100 vinyl gloves, can cost between $5 and $12. In India, the prices of non-sterile disposable medical gloves range from USD 2.0 to USD 4.0 per for a box of 100 disposable whereas sterile disposable medical gloves range from USD 2.0 to USD 10.0 per for a box of 100 disposable.

Rising demand for PPEs across the globe after the outbreak of COVID-19 pandemic has led to the rise in the prices of disposable medical gloves. Also, these gloves can be more or less expensive or available depending on the location.

To gain a comprehensive understanding of other aspects of rate benchmarking, please subscribe to our services and get access to the complete report.

Labor cost is one of the key components of the total incurred costs while offering a product or service. Therefore, an organization must decide on whether the focus category should be retained in-house or outsourced if the organization is providing its products or services at competitive prices. If the organization decides in favor of outsourcing, it must understand the difference in the salary structures of suppliers before selecting a supplier and formulating a negotiation strategy.

According to our research, Production Manager at Top Glove Corporation Berhad and Hartalega Holdings Berhad receive a 10% - 15% higher base salary compared to the salary received by Production Manager working in companies such as Riverstone Holdings Limited and Shield Scientific B.V. However, the year-on-year increment rate in all these companies majorly depends on the Key Result Areas (KRAs).

Organizations may find it cumbersome to continuously track all the latest developments in their supplier landscape. Outsourcing the activities related to gathering intelligence allows organizations to focus on their core offerings. At this juncture, our newsletter service can help organizations stay updated with the latest developments and innovations and subsequently assist in preventing disruptions in the supply chain. We have identified the following developments within the Disposable Medical Gloves category over the last two years:

In March 2023, Ansell Limited announced that it has acquired Careplus (M) Sdn Bhd. The acquisition will enable Ansell to take advantage of prospects for value creation in new product development, careful insourcing, capacity growth for important styles, and manufacturing productivity enhancements. In addition, it will support Ansell’s goal of gaining more authority over its supply chain and manufacturing.

In October 2022, Rubberex Corporation (M) Berhad has announced the acquisition of Reszon Diagnostics International Sdn Bhd (RDI). This acquisition supported Rubberex’s expansion to healthcare and other associated sectors. In addition, Rubberex is able to supply a greater variety of items to the market and an additional source of revenue besides personal protective equipment.

In September 2022, B. Braun Medical Inc. announced the acquisition of Clik-FIX catheter securement device portfolio from Starboard Medical, Inc. The acquisition is helping B. Braun Medical Inc. in innovating new programs and product to enhance patient outcomes and experience with peripheral intravenous (IV) therapy. In addition, the company will gain knowledge and business capabilities that will enable it to continue to address the changing needs of its clients and maintain its position as a market leader in IV therapy.