The price of logistics rose 34.9% in July 2022, disrupting the supply chain, while electricity prices rose 15.5%, the highest level since February 2006. In addition, the number of existing homes in the United States sold in July 2022 fell 5.95% to 4.85 million (seasonally adjusted annual rate), which was the lowest number since May 2020 and below the forecast of the market of 4.89 million. Residential sales fell for the sixth straight month as the mortgage rate peaked at 6.3%. The US economy continues to be heavily impacted by the global energy crisis, forcing people to spend less and save more.
With the recovery of the global economy in 2021 and the improvement of the industrial chain supply, the surgical belt market will undergo major changes. The latest research shows that the market size of Surgical Belt industry will be million US$ in 2021 and will reach million US$ in 2028, growing at an CAGR of %.
The Global Surgical Belt Industry Report provides top-notch qualitative and quantitative insights including: Market Size (Value 2017-2021 and Forecast 2022). The report also contains descriptions of major players, including key financial indicators and analysis of market competitive pressure.
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The report also assesses key market opportunities and outlines the factors that are and will be driving the growth of the industry. Considering previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global surgical belts market over the next few years. The global surgical belts market size will reach USD Million by 2028, growing at a CAGR of % during the analysis period.
IMPACT OF COVID-19
The impact before and after COVID-19 on the global market is carefully analyzed in the research. The global market report examines the existing situation, share, expected trends and SWOT analysis. With the aim of forecasting growth for the years 2022-2030, it also covers sales channels. This study will analyze the market in terms of market growth patterns, future prospects, and players’ contributions to market growth.
Market players have started looking for safe investments amidst global worries in keeping new products and technology releases. Demand for the product and service could be severely impacted in the near future by factors such as currency conversion, global supply chain disruption, growing anti-China sentiments around the world, slowing Chinese economy, commodity price inflation, the US dollar getting stronger every week, declining purchasing power and strict measures taken by central banks/institutions around the world to ensure less spending and more ‘saving.
List of players
JJC & Associates
Tetra Medical Supply Corp.
Hermell Products, Inc.
Semperit industrial products
Best Orthopedic and Medical Services, Inc.
IM Mfg Corp.
Cardinal Health, Inc.
Jessa Medical supply, Inc.
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List of types
List of apps
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Europe (Germany, UK, France, Italy, Spain, Russia and Rest of Europe)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa and Rest of Middle East and Africa)
- North America (USA and Canada)
This report answers the following key questions:
- What is the size of the market as a whole in 2022? What rate of market expansion is expected between 2022 and 2030?
- Which region would experience strong demand for property in the coming years?
- What are the variables favoring the expansion of the market?
- Which sub-market will have the most impact on the market?
- What market opportunities exist for established and new players?
- What different short-term and long-term tactics have market participants adopted?
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