Data Center Power Market 2025-2030: Services Segment Driving Market Adoption

The global data center power market was valued at USD 20.21 billion in 2024 and is projected to reach USD 42.35 billion by 2030, growing at a CAGR of 13.2% from 2025 to 2030. The market is fueled by the rapid expansion of cloud computing, digital transformation initiatives, and increasing demand for data storage across industries. The growth of hyperscale and colocation data centers has intensified the need for efficient, reliable, and scalable power solutions, including uninterruptible power supplies (UPS), generators, and power distribution units (PDU), to support uninterrupted operations.

Reliability is a critical factor, as even brief power interruptions can cause significant financial losses due to the mission-critical workloads data centers handle. Consequently, operators are investing in redundant power systems, smart grid technologies, real-time monitoring, and resilient backup solutions such as microgrids and on-site generation to ensure continuity. The rising incidence of extreme weather events and natural disasters further underscores the importance of robust, disaster-resistant power infrastructure.

Key Market Trends & Insights

• North America accounted for a 37.0% share of the global data center power market in 2024.
• The U.S. market is projected to grow at a CAGR of 13.3% from 2025 to 2030.
• By component, the solutions segment dominated the market with a 72.0% revenue share in 2024.
• Within solutions, uninterruptible power supply (UPS) systems held the largest market share in 2024.
• Among services, the integration & deployment segment led the market in 2024.

Download a free sample PDF of the Data Center Power Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 20.21 Billion
• 2030 Projected Market Size: USD 42.35 Billion
• CAGR (2025–2030): 13.2%
• Largest Regional Market: North America
• Fastest-Growing Region: Asia Pacific

Competitive Landscape

Key players in the data center power market include ABB, Eaton, Schneider Electric, Vertiv Group Corp., and Rittal GmbH & Co. KG. Companies are actively pursuing new product launches, partnerships, collaborations, and strategic acquisitions to expand market share and address the evolving demands of AI-driven and hyperscale data centers.

Notable recent developments include:

• March 2025: ABB acquired a minority stake in DG Matrix to commercialize solid-state power electronics for generative AI data centers and renewable microgrids. The Power Router platform integrates multiple AC and DC energy sources, combining 10–20 devices into a single, efficient system.
• February 2025: Schneider Electric inaugurated data center and microgrid testing labs at its Global R&D Center in Massachusetts, including a PDU lab designed to test high-powered voltage systems for AI-focused data centers.
• December 2024: Eaton launched the Samsung Gen 3 lithium-ion battery system to provide energy storage and backup power for data centers, ensuring uninterrupted operation of critical IT infrastructure.

Prominent Companies

• ABB
• Black Box
• CyrusOne
• Eaton
• Equinix Inc.
• GDS Holdings
• Generac Power Systems, Inc.
• General Electric Company
• Huawei Technologies Co., Ltd.

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The data center power market is experiencing rapid expansion as digital transformation, cloud adoption, and AI workloads drive demand for reliable, high-performance power solutions. Investment in UPS systems, microgrids, and smart power management technologies will continue to be critical for supporting mission-critical operations and minimizing downtime across global data centers.

Cycling Helmets Market 2025-2030: Innovations in Helmet Design and Safety

The global cycling helmets market was valued at USD 832.5 million in 2024 and is projected to reach USD 1.02 billion by 2030, growing at a CAGR of 3.6% from 2025 to 2030. Rising interest in cycling for fitness, recreation, and sustainable transportation is significantly driving helmet demand. Urban centers, in particular, are encouraging cycling to alleviate traffic congestion and reduce emissions, further boosting market growth.

Increasing safety awareness remains a key market driver. Governments and cycling associations worldwide continue to promote helmet use, with many regions implementing mandatory helmet regulations. Innovation is also shaping consumer preferences: advanced technologies such as MIPS (Multi-directional Impact Protection System)—designed to reduce rotational forces during impact—are gaining adoption, while lightweight, well-ventilated helmet designs are becoming increasingly popular among enthusiasts and commuters.

Sustainability trends are influencing purchasing decisions as well. Eco-friendly helmets made from recycled or biodegradable materials are gaining traction as consumers become more environmentally conscious. Additionally, personalization is emerging as a strong trend, fueled by 3D scanning and 3D printing technologies that enable custom-fit helmets with tailored designs, improved comfort, and enhanced protection.

Key Market Trends & Insights

• North America dominated the global cycling helmets market in 2024 with a 41.45% revenue share.
• By category, conventional helmets led the market with a 70.87% share in 2024.
• By distribution channel, the online segment is expected to grow at the fastest CAGR of 3.9% from 2025 to 2030.

Download a free sample PDF of the Cycling Helmets Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 832.5 Million
• 2030 Forecast: USD 1.02 Billion
• CAGR (2025–2030): 3.6%
• Largest Regional Market: North America

Competitive Landscape

The cycling helmets market includes a mix of startups, specialty brands, and global manufacturers, all adopting diverse strategies to strengthen their competitive positioning. Companies are expanding their product lines to cater to a wider range of riders, including offerings tailored to specific cycling activities, ages, and body types. Many brands are also adopting advanced materials and technologies to enhance comfort, aerodynamics, and safety performance.

Sustainability has become a central focus, with several manufacturers integrating eco-friendly materials, recyclable components, and ethical manufacturing practices to appeal to environmentally conscious consumers.

Prominent Companies

• Vista Outdoor Operations LLC
• Dorel Sports
• KASK S.p.A.
• Trek Bicycle Corporation
• Uvex Sports
• Orbea
• Specialized Bicycle Components, Inc.
• MET-Helmets
• SCOTT Sports SA
• Limar Srl

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The cycling helmets market is poised for steady growth as cycling participation rises globally, fueled by health, environmental, and urban mobility trends. Innovations in helmet safety technologies, sustainability-focused materials, and personalized fit solutions are expected to further accelerate market adoption through 2030.

Customer Experience Business Process Outsourcing Market: Chat, Email & Voice Support Trends

The global customer experience business process outsourcing market was valued at USD 102.03 billion in 2024 and is projected to reach USD 296.29 billion by 2033, expanding at a CAGR of 12.8% from 2025 to 2033. Growth is driven by the increasing adoption of cost-efficient, cloud-based CX solutions that eliminate the need for significant infrastructure investments. Cloud-enabled CX BPO services provide scalable resources, reduced operational expenses, and greater financial flexibility—factors that continue to fuel widespread adoption across enterprises.

Another major market driver is the rising demand for automated and AI-powered customer service solutions. Organizations are prioritizing tools that reduce human intervention while improving personalization and efficiency. Technologies such as AI, machine learning (ML), and cloud computing are transforming customer service operations, enabling businesses to resolve queries rapidly and deliver seamless user experiences. For instance, AI-driven chatbots connected to social media platforms and digital channels empower customers to solve common issues autonomously, contributing to the growing demand for AI-enhanced CX BPO services.

Key Market Trends & Insights

• North America dominated the global CX BPO market in 2024 with a 36.0% revenue share.
• The U.S. market is expected to expand significantly throughout the forecast period.
• By service type, outbound services led the market with a 56.1% share in 2024.
• By outsourcing type, offshore outsourcing held the largest revenue share in 2024.
• By end use, the e-commerce segment is projected to register the fastest CAGR from 2025 to 2033.

Download a free sample PDF of the Customer Experience Business Process Outsourcing Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 102.03 Billion
• 2033 Forecast: USD 296.29 Billion
• CAGR (2025–2033): 12.8%
• Largest Regional Market: North America
• Fastest-Growing Region: Asia Pacific

Competitive Landscape

Major companies operating in the CX BPO market include Teleperformance, Concentrix Corporation, Accenture, IBM Corporation, and WNS (Holdings) Ltd. These players are investing in AI-driven technologies, expanding global delivery networks, and focusing on new product development, partnerships, and strategic agreements to strengthen market positioning.

Recent developments highlight the industry’s pivot towards AI-enhanced service capabilities:

• May 2025: Concentrix Corporation launched iX Hero, an agentic AI solution designed to work alongside human agents to improve service efficiency and speed. The platform supports both simple and complex inquiries, enhancing resolution time and elevating overall service quality.
• February 2025: Teleperformance partnered with Sanas, a U.S.-based leader in real-time speech understanding technology. Under this partnership, Teleperformance becomes the exclusive reseller of Sanas’ solutions to major global brands, while both companies collaborate to further refine Sanas’ speech understanding models. The alliance aligns with Teleperformance’s broader strategy to strengthen its proprietary AI capabilities.

Prominent Companies

• Accenture
• Automatic Data Processing, Inc.
• Cognizant
• Concentrix Corporation
• Firstsource
• Fusion CX
• Genpact
• Infosys
• IBM Corporation

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The CX BPO market is experiencing rapid evolution, driven by cloud adoption, AI integration, and increasing demand for efficient customer engagement solutions. As organizations focus on enhancing customer satisfaction while reducing operational costs, the adoption of advanced CX BPO services is expected to accelerate significantly through 2033.

Crypto Wallet Market Trends: Payments and Investment Applications

The global crypto wallet market was valued at USD 12.59 billion in 2024 and is projected to reach USD 100.77 billion by 2033, growing at an impressive CAGR of 26.3% from 2025 to 2033. Growth is primarily driven by the accelerating adoption of cryptocurrencies as a mainstream asset class among both individual investors and institutional entities.

As digital assets gain broader legitimacy, the need for secure, convenient, and scalable storage solutions has intensified. This increasing demand has fueled the rapid development and global adoption of crypto wallets. Rising cybersecurity awareness is also playing a significant role, as users look for protection against cyber threats targeting centralized exchanges and online custodial platforms. Crypto wallets, by offering enhanced privacy, decentralized control, and improved security features, have emerged as a critical safeguard for digital asset storage. As cyberattacks grow more sophisticated, demand for robust, high-security wallet solutions is expected to remain strong.

Key Market Trends & Insights

• North America dominated the market in 2024 with a 30.9% revenue share.
• Asia Pacific is projected to be the fastest-growing regional market during the forecast period.
• By wallet type, hot wallets led the market with a 56.0% share in 2024.
• By operating system, Android held the largest market share in 2024.
• By application, the trading segment dominated the market in 2024.

Download a free sample PDF of the Crypto Wallet Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 12.59 Billion
• 2033 Forecast: USD 100.77 Billion
• CAGR (2025–2033): 26.3%
• Largest Regional Market: North America
• Fastest-Growing Region: Asia Pacific

Competitive Landscape

The crypto wallet market is fragmented, with major players including Binance, Coinbase, Ledger SAS, and others. Leading companies are focusing on strategies such as product launches, mergers & acquisitions, collaborations, and global expansion to strengthen market positioning. Advancements in blockchain security, multi-asset support, and integrated NFT storage are reshaping product offerings, contributing significantly to industry growth.

Key players are also expanding their ecosystems to serve a broader range of crypto users:

• Binance provides a comprehensive blockchain ecosystem covering spot and derivatives trading, staking, savings products, an NFT marketplace, and more. Supporting over 675 cryptocurrencies, Binance offers advanced features including futures with up to 125x leverage, leveraged tokens, and OTC trading capabilities tailored for institutional clients.
• Coinbase delivers a diverse suite of solutions for retail and institutional investors, developers, and businesses. Its ecosystem includes the Coinbase app, Coinbase Advanced for professional trading, Coinbase Wallet for decentralized app and Web3 access, and Coinbase Commerce for crypto-based merchant payments.

Prominent Companies

• Coinbase
• BitGo Holdings, Inc.
• Binance
• BitPay
• Trezor
• Ledger SAS
• Exodus Movement, Inc.
• Zengo Ltd.
• Crypto.com
• Blockchain

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The crypto wallet market is entering a high-growth phase, driven by increasing cryptocurrency adoption, heightened cybersecurity needs, and innovations in blockchain-based financial infrastructure. With the rapid evolution of Web3, decentralized finance, and digital asset ecosystems, secure and scalable wallet solutions will continue to play a critical role in shaping the future of the global digital economy.

Neurovascular Devices Market Insights: Neurothrombectomy Device Growth

The global neurovascular devices market was valued at USD 7.34 billion in 2024 and is projected to reach USD 11.91 billion by 2033, expanding at a CAGR of 5.48% from 2025 to 2033. Market growth is fueled by the rising prevalence of neurovascular disorders, continuous technological advancements, and the increasing adoption of minimally invasive treatment procedures.

Growing incidences of stroke, cerebral aneurysms, and arteriovenous malformations (AVMs) are driving demand for advanced neurovascular devices such as clot retrieval systems, microcatheters, and flow-diversion coils. According to the Global Stroke Fact Sheet 2024 published by the World Stroke Organization (WSO), more than 12 million new strokes occur annually, and 1 in 4 people worldwide will experience a stroke in their lifetime—further solidifying the need for effective neurovascular interventions.

Key Market Trends & Insights

• North America held the largest share of the neurovascular devices market in 2024 at 27.40%.
• The U.S. market is expected to grow at a significant CAGR during the forecast period.
• By device type, cerebral embolization and aneurysm coiling devices led the market with a 37.56% revenue share in 2024.
• By therapeutic application, the cerebral aneurysm segment is projected to grow at the fastest CAGR.
• By size, the 0.021" devices segment accounted for 26.99% of the market in 2024.

Download a free sample PDF of the Neurovascular Devices Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 7.34 Billion
• 2033 Forecast: USD 11.91 Billion
• CAGR (2025–2033): 5.48%
• Largest Market: North America
• Fastest-Growing Market: Asia Pacific

Competitive Landscape

Major players in the neurovascular devices industry include Medtronic, Stryker, Johnson & Johnson and its affiliates, Penumbra, Inc., MicroPort Scientific Corporation, Terumo Corporation, ZYLOX-TONBRIDGE Medical Technology, NeuroSafe Medical, Rapid Medical, phenox GmbH, Lepu Medical, Evasc Neurovascular Enterprises, and Acandis GmbH.

Companies are actively launching innovative neurovascular solutions, securing regulatory approvals, and forming strategic distribution partnerships to strengthen their market position and expand global reach.

Prominent Companies

• Medtronic
• Stryker
• Johnson & Johnson and its affiliates
• MicroPort Scientific Corporation
• Terumo Corporation
• ZYLOX-TONBRIDGE Medical Technology Co., Ltd.
• NeuroSafe Medical Co., Ltd.
• Rapid Medical

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

Rising neurovascular disease burden, growing preference for minimally invasive procedures, and rapid technological progress are collectively driving demand for neurovascular devices worldwide. As healthcare systems prioritize effective and less invasive neurological interventions, the market is positioned for steady and sustained growth through 2033.

Near Infrared Imaging Market Insights: Product Segment Trends & Growth

The global near infrared imaging market was valued at USD 2.24 billion in 2024 and is projected to reach USD 2.82 billion by 2030, growing at a CAGR of 3.9% from 2025 to 2030. Demand for NIR imaging continues to rise due to increasing incidence of target diseases—including cardiovascular, gastrointestinal, neurovascular, and oncological conditions—and its expanding role in enhancing surgical visualization.

Growing adoption of surgical interventions, particularly microsurgeries, is further accelerating market growth. Chronic diseases linked to stress, sedentary lifestyles, and environmental factors have contributed to a notable rise in surgical procedures. Increased public awareness about the benefits of early surgical treatment is also supporting this trend. According to the American Society of Plastic Surgeons, cosmetic procedures in the U.S. grew by 5% from 2022 to 2023, totaling 1,575,244 procedures in 2023. As surgical volumes increase, demand for advanced imaging technologies such as NIR imaging is expected to grow proportionally.

Additionally, the rapidly expanding geriatric population is putting pressure on global healthcare systems. According to the WHO’s Global Health and Aging report, the number of people aged 65 and above is projected to rise from 524 million in 2010 to nearly 1.5 billion by 2050, particularly in developing regions. As elderly patients typically require more diagnostic and surgical interventions, the need for NIR imaging technologies will continue to strengthen.

Key Market Trends & Insights

• North America accounted for the largest share of 40.6% of the global NIR imaging market in 2024.
• The U.S. represented 77.2% of the North America market in 2024.
• By product, reagents dominated with a 57.0% revenue share in 2024.
• By indication, preclinical imaging held the largest share at 34.2% in 2024.
• By end use, hospitals and clinics accounted for over 44.6% of the market in 2024.

Download a free sample PDF of the Near Infrared Imaging Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 2.24 Billion
• 2030 Forecast: USD 2.82 Billion
• CAGR (2025–2030): 3.9%
• Largest Regional Market: North America
• Fastest-Growing Market: Asia Pacific

Competitive Landscape

Major companies in the NIR imaging market are pursuing strategies such as product launches, geographic expansion, collaborations, and acquisitions to strengthen their global presence.

A notable example includes the October 2024 acquisition of New Imaging Technologies by Lynred, which aims to expand its infrared sensor portfolio—particularly large-format shortwave sensors—to meet rising demand across aerospace and defense sectors.

Additional competitive highlights include:

• KARL STORZ SE & Co. KG, which continues to innovate in endoscopic technologies, offering advanced NIR/ICG imaging systems that significantly improve visual clarity and surgical workflow efficiency.
• Hamamatsu Photonics K.K., recognized for its high-performance optoelectronic and NIR imaging technologies, widely utilized across medical diagnostics, scientific research, and industrial applications.

Prominent Companies

• Quest Diagnostics Incorporated
• Stryker
• KARL STORZ SE & Co. KG
• Olympus
• Hamamatsu Photonics K.K.
• Mizuho Medical Co., Ltd.
• Shimadzu Corporation
• Leica Microsystems
• Medtronic (Visionsense)
• PerkinElmer

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The near infrared imaging market is poised for steady growth, driven by rising surgical volumes, increasing burden of chronic diseases, and expanding applications in diagnostics and preclinical research. As healthcare systems focus on precision, efficiency, and improved patient outcomes, NIR imaging technologies will continue to play a critical role across clinical and research environments.

Molecular Diagnostics Market Insights: Product Trends Driving Growth

The global molecular diagnostics market was valued at USD 25.75 billion in 2024 and is projected to reach USD 33.08 billion by 2030, growing at a CAGR of 3.97% from 2025 to 2030. Market growth is driven by rapid technological advancements, a rising geriatric population, and increasing demand for accurate, efficient genetic testing solutions.

The accelerating adoption of Point-of-Care (POC) testing is further propelling market expansion, supported by growing consumer awareness and the rising need for convenient self-diagnostic tools. This shift has prompted companies to introduce innovative testing platforms. For example, in February 2023, Huwel Lifesciences launched a portable RT-PCR device capable of detecting multiple viral pathogens—including respiratory viruses and STDs—within 30 minutes. Designed for use in clinics and corporate environments, the device delivers high accuracy comparable to traditional PCR systems while eliminating the need for specialized training or controlled laboratory settings.

Key Market Trends & Insights

• North America dominated the molecular diagnostics market in 2024 with a 40.95% revenue share.
• By product, reagents led with 65.44% of the market in 2024.
• By test location, central laboratories accounted for 78.8% of total revenue in 2024.
• By technology, the PCR segment held the largest share at 68.0% in 2024.
• By application, infectious disease testing dominated the market with a 63.1% share in 2024.

Download a free sample PDF of the Molecular Diagnostics Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 25.75 Billion
• 2030 Forecast: USD 33.08 Billion
• CAGR (2025–2030): 3.97%
• Largest Regional Market: North America

Competitive Landscape

Leading companies in the molecular diagnostics market continue to pursue strategies such as product launches, partnerships, collaborations, mergers & acquisitions, regulatory approvals, and capacity expansions. These initiatives aim to broaden geographic reach, strengthen technological capabilities, and accelerate the development of advanced diagnostic solutions—collectively supporting sustained market growth over the forecast period.

Recent Developments

• August 2024: Sysmex Corporation expanded its strategic alliance with QIAGEN to advance genetic testing through enhanced research, development, production, clinical validation, and global commercialization efforts.
• January 2023: QIAGEN introduced the EZ2 Connect MDx platform to improve automation in sample processing. The system supports multiple downstream applications, including dPCR and PCR workflows.
• February 2023: BD obtained FDA Emergency Use Authorization for a multiplex molecular diagnostic test capable of detecting COVID-19, influenza A/B, and RSV using the BD MAX System, delivering results in under two hours from a single swab.
• April 2023: Quest Diagnostics acquired the MRD platform from Haystack Oncology, strengthening its portfolio in minimal residual disease detection for oncology applications.

Prominent Companies

• BD
• BIOMÉRIEUX
• Bio-Rad Laboratories, Inc.
• Abbott
• Agilent Technologies, Inc.
• Danaher
• Hologic Inc. (Gen Probe)
• Illumina, Inc.
• Grifols

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The molecular diagnostics market continues to evolve as technological innovations, increased adoption of POC testing, and expanding clinical applications reshape diagnostic workflows worldwide. With sustained investment, strategic partnerships, and growing demand for rapid and precise testing, the market is poised for steady expansion through 2030.

Molecular Cytogenetics Market Trends: Oncology Applications Lead Expansion

The global molecular cytogenetics market was valued at USD 2.40 billion in 2024 and is projected to reach USD 6.39 billion by 2033, expanding at a CAGR of 11.7% from 2025 to 2033. Growth is primarily driven by the rising use of molecular cytogenetic techniques in clinical diagnostics and research, especially within oncology, genetic disorder screening, and prenatal testing.

High-resolution tools such as fluorescence in situ hybridization (FISH), comparative genomic hybridization (CGH), and array-based platforms enable precise analysis of chromosomal abnormalities, making them essential to modern laboratory workflows. Increasing adoption in personalized medicine, coupled with advancements in automation and imaging technologies, continues to accelerate demand across hospitals, academic institutions, and research centers.

Key Market Trends & Insights

• North America accounted for the largest share of the global market in 2024 at 46.01%.
• The U.S. molecular cytogenetics market is expected to experience strong growth throughout the forecast period.
• By product, consumables held the leading share at 39.54% in 2024.
• By application, oncology dominated with 39.84% of total revenue in 2024.
• By technology, the CGH segment led with a 36.20% revenue share in 2024.
• By end use, clinical & research laboratories represented the largest segment in 2024.

Download a free sample PDF of the Molecular Cytogenetics Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 2.40 Billion
• 2033 Forecast: USD 6.39 Billion
• CAGR (2025–2033): 11.7%
• Largest Regional Market: North America
• Fastest-Growing Region: Asia Pacific

Competitive Landscape

Key companies are expanding global footprints, launching advanced diagnostic platforms, and enhancing the accuracy of cytogenetic testing through continuous innovation. Strategies such as product launches, partnerships, mergers, and acquisitions are widely observed as firms aim to strengthen research capabilities, broaden product portfolios, and meet surging demand for high-resolution and scalable genetic testing technologies.

Recent Developments

• March 2025: Hangzhou Diagens Biotechnology Co., Ltd. unveiled iMedImage, an AI-driven model for automated chromosome segmentation, karyotyping, and abnormality detection. Achieving 92.7% sensitivity and 91.5% specificity, the platform significantly reduces manual workload and enhances diagnostic efficiency in cytogenetics laboratories.
• April 2024: Bionano Genomics partnered with Hangzhou Diagens Biotechnology to launch China’s first clinical cytogenetic workflow integrating optical genome mapping (OGM) with AI-based karyotype analysis, approved under an OEM agreement by the NMPA.
• October 2023: Manipal HealthMap completed the acquisition of Medcis PathLabs, expanding its diagnostics network across 16 states and adding more than 100 centers specializing in molecular cytogenetics, histopathology, and microbiology.

Prominent Companies

• BIOVIEW
• Danaher
• MetaSystems
• Agilent Technologies, Inc.
• Abbott
• Bio-Rad Laboratories, Inc.
• Illumina, Inc.
• Oxford Gene Technology IP Limited
• F. Hoffmann-La Roche Ltd
• PerkinElmer

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The molecular cytogenetics market is entering a high-growth phase, propelled by expanding clinical applications, rapid advancements in AI and imaging technologies, and rising demand for precise genetic testing. With continued innovation and strategic industry collaborations, the market is poised for substantial transformation over the coming decade.

Cross-Border Workforce & Migration Solutions Market Application Forecasts

The global cross-border workforce and migration solutions market was valued at USD 4.26 billion in 2024 and is projected to reach USD 11.37 billion by 2033, expanding at a CAGR of 11.8% from 2025 to 2033. The continued globalization of the workforce, coupled with the widespread adoption of remote and hybrid work models, is a major driver of market growth.

Organizations are increasingly sourcing talent internationally to address domestic skill shortages, transforming traditional hiring practices. As companies scale globally distributed teams, they require solutions that support compliant hiring, payroll processing, and immigration management across multiple jurisdictions. According to the World Bank’s Flexibility at Work dataset, only 32% of economies have legal frameworks governing remote work, and just 12% address both remote work and flexible scheduling—highlighting the accelerating shift toward flexible employment structures. As governments formalize policies for remote and flexible work, enterprises are compelled to adopt robust solutions that ensure compliance and support global workforce expansion.

Key Market Trends & Insights

• North America accounted for 36.5% of total revenue in 2024, making it the largest regional market.
• In the U.S., rapid adoption of AI and automation in workforce management is accelerating demand for cross-border workforce and migration solutions.
• By solution, the workforce centralized management systems segment held the largest share in 2024 at 26.6%.
• By application, skilled labor migration represented the leading segment in 2024.
• By end use, government agencies captured the largest market share in 2024.

Download a complimentary sample PDF of the Cross-Border Workforce & Migration Solutions Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 4.26 Billion
• 2033 Projected Market Size: USD 11.37 Billion
• CAGR (2025–2033): 11.8%
• Largest Market (2024): North America
• Fastest-Growing Region: Asia Pacific

Competitive Landscape

Leading companies in the cross-border workforce and migration solutions market include Papaya Global and Sirva Worldwide, Inc., among others.

• Papaya Global provides a cloud-based global workforce management platform offering end-to-end payroll, payments, HR, compliance, and Employer of Record (EOR) services in over 160 countries. The platform enables organizations to hire, onboard, compensate, and support international employees and contractors without establishing local entities.
• Sirva Worldwide, Inc. is a global leader in employee relocation and moving services. The company delivers comprehensive mobility solutions—covering household goods moving, home sale services, destination services, temporary living, mortgage support, and commercial moving—leveraging a robust partner network, in-house expertise, and advanced digital tools.

Prominent Companies

• VFS Global Group
• Equus Software, LLC
• Topia
• Sirva Worldwide, Inc.
• Envoy Global, Inc.
• Deel, Inc.
• Papaya Global
• Employment Conditions Abroad Limited
• Weichert Workforce Mobility

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The cross-border workforce and migration solutions market is poised for strong growth as organizations prioritize global talent acquisition, compliance, and digital workforce management. With workforce globalization accelerating and regulatory frameworks evolving, advanced solutions that support seamless, compliant cross-border employment are becoming essential for enterprises worldwide.

Coronary Artery Bypass Graft Market Off-Pump Surgery Growth and Outlook

The global coronary artery bypass graft market was valued at USD 19.24 billion in 2024 and is expected to reach USD 27.66 billion by 2033, reflecting a CAGR of 3.86% between 2025 and 2033. The increasing prevalence of cardiovascular diseases remains a major factor driving market expansion.

In addition, the integration of robotic technology into CABG procedures is transforming surgical practices by offering greater precision and minimally invasive options. According to OAE Publishing Inc., an article published in August 2025, robotic-assisted CABG has become a viable minimally invasive alternative to conventional open-heart surgery, minimizing surgical trauma and promoting faster recovery. Key techniques include robotic-assisted minimally invasive direct coronary artery bypass (RA-MIDCAB), where the internal thoracic artery is harvested using robotic systems and anastomosed via a mini-thoracotomy, and totally endoscopic CABG (TECAB), which eliminates the need for thoracotomy entirely. These innovations are reshaping surgical planning and execution, enhancing accuracy while reducing invasiveness in coronary revascularization procedures.

Key Market Trends & Insights

• North America led the global CABG market in 2024, accounting for 50.74% of total revenue.
• Canada is expected to experience the fastest market growth during the forecast period.
• By method, the on-pump segment captured the largest revenue share in 2024.
• By surgical procedure, the triple CABG surgery segment held the largest revenue share in 2024.
• By end-use, hospitals dominated the market, holding the largest revenue share in 2024.

Download a complimentary sample PDF of the Coronary Artery Bypass Graft Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 19.24 Billion
• 2033 Projected Market Size: USD 27.66 Billion
• CAGR (2025–2033): 3.86%
• North America: Largest market in 2024
• Asia Pacific: Fastest growing region

Competitive Landscape

Leading market players are focused on expanding product portfolios, forming strategic partnerships and collaborations, pursuing mergers and acquisitions, and extending their market presence.

Prominent Companies

• Medtronic
• Terumo Corporation
• Getinge AB
• W. L. Gore & Associates, Inc.
• B. Braun SE
• Abbott
• LivaNova plc
• Transonic
• Edwards Lifesciences
• Vascular Graft Solutions

Recent Developments

• In June 2025, Medtronic entered a strategic collaboration with IRCAD North America to advance surgical education and innovation. The partnership involves co-developing hands-on courses that incorporate Medtronic products and techniques for cardiovascular and minimally invasive surgeries, facilitating broader adoption of advanced revascularization procedures.
• In December 2024, Terumo Health Outcomes partnered with Medis Medical Imaging to enhance cardiovascular care in the U.S. This collaboration integrates Terumo’s ePRISM precision medicine platform with Medis’ QFR technology to improve diagnostic accuracy and treatment planning for coronary artery disease.
• In August 2024, Transonic Systems Inc. established an exclusive global distribution partnership with ADInstruments to supply volume flow products for life science research, supporting biomedical and cardiovascular research initiatives.

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The global coronary artery bypass graft market is poised for steady growth over the coming decade, driven by the rising prevalence of cardiovascular diseases and ongoing technological advancements in surgical procedures, particularly robotic-assisted CABG. North America continues to dominate the market, while regions such as Canada and Asia Pacific present significant growth opportunities. Innovations in minimally invasive techniques, combined with strategic collaborations and partnerships among leading players, are reshaping the competitive landscape and improving patient outcomes. Overall, the market is set to witness sustained expansion, with enhanced precision, reduced invasiveness, and improved recovery times becoming key drivers of adoption in coronary revascularization procedures.

Copper Alloys for Connector Market Beryllium Copper Alloy Demand Outlook

The global copper alloys for connector market was valued at USD 3.02 billion in 2024 and is projected to reach USD 5.54 billion by 2033, growing at a CAGR of 7.4% from 2025 to 2033. Market growth is driven by the rapid expansion of the electronics and electrical industries, particularly in Asia Pacific and North America.

The proliferation of smartphones, tablets, wearable devices, and smart appliances has significantly increased demand for compact, high-performance connectors. Copper alloys are preferred in these applications due to their excellent electrical conductivity, thermal stability, and mechanical resilience. As consumer electronics evolve toward smaller and more powerful designs, the need for efficient, durable connectors made from advanced copper alloys will continue to rise.

The electric vehicle (EV) sector also fuels demand, requiring highly reliable connectors for battery systems, charging infrastructure, and powertrain components. Alloys such as beryllium copper and copper-nickel-silicon provide the durability and performance required in these high-stress applications. With government incentives and regulations accelerating EV adoption, the demand for connector-grade copper alloys in automotive applications is expected to grow rapidly.

Key Market Trends & Insights

• Region: Asia Pacific dominated the market with a 66.0% revenue share in 2024.
• U.S. Market: Expected to grow at a CAGR of 6.8% from 2025 to 2033.
• Alloy Type: High-conductivity copper alloys accounted for the largest revenue share of 38.7% in 2024.
• End Use: Telecommunications & data centers held a 29.5% revenue share in 2024.

Download a free sample PDF of the Copper Alloys for Connector Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 3.02 Billion
• 2033 Projected Market Size: USD 5.54 Billion
• CAGR (2025–2033): 7.4%
• Largest Market (2024): Asia Pacific

Competitive Landscape

The market is highly competitive, with key players focusing on innovation, metallurgical expertise, and customized alloy solutions to meet the evolving needs of electronics, automotive, and industrial applications.

• AMPCO METAL: A global engineering materials provider specializing in advanced alloy solutions for aerospace, automotive, defense, marine, oil & gas, and electronics. Known for research-driven development of alloys with high conductivity, corrosion resistance, and mechanical strength.
• KME Group: One of the world’s largest producers of copper and copper-alloy products, delivering rolled products, tubes, bars, cables, and custom-engineered components for electronics, automotive, architecture, and energy sectors.

Prominent Companies

• AMPCO METAL
• KME Group
• Lebronze Alloys
• Materion Corporation
• Mitsubishi Materials Corporation
• Nexans
• NGK INSULATORS, LTD.
• Proterial, Ltd.
• thyssenkrupp Materials Services GmbH
• Wieland Group

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The global copper alloys for connector market is poised for substantial growth, driven by increasing demand from consumer electronics, telecommunications, and the electric vehicle industry. Superior properties of copper alloys, such as high conductivity, durability, and thermal stability, are making them indispensable in miniaturized and high-performance connector applications. With Asia Pacific leading the market and ongoing technological advancements in alloys, the sector is expected to witness sustained expansion, offering significant opportunities for manufacturers to innovate and cater to the evolving needs of electronics and automotive industries.

Contract Furniture Market Tables and Desks Demand Outlook and Forecasts

The global contract furniture market was valued at USD 74.55 billion in 2024 and is projected to reach USD 119.75 billion by 2033, growing at a CAGR of 5.5% from 2025 to 2033. The market’s growth is driven by rising disposable incomes, expansion of the hospitality and housing sectors, developments in commercial construction, and increasing demand for premium and luxury furniture globally.

Additionally, growing capital investments in office infrastructure—particularly due to the development of IT hubs in multiple countries—are expected to boost demand for office furniture during the forecast period. For instance, the Economic Impact Study commissioned by the Building Owners and Managers Association International (BOMA) highlights an increasing establishment of business offices in the U.S. Furthermore, government initiatives to expand real estate development are expected to drive furniture demand. Saudi Arabia’s National Transformation Plan anticipates the construction of over 555,000 residential units, more than 275,000 hotel keys, 4.3 million sq. m of retail space, and 6.1 million sq. m of new office space by 2030.

Key Market Trends & Insights

• Region: Asia Pacific led the market with 35.7% share in 2024.
• Product: Chairs & stools dominated with a 34.4% share in 2024.
• End Use: Corporate offices accounted for 42.0% of the market in 2024.
• Distribution Channel: Offline segment led with a 76.9% share in 2024.

Download a free sample PDF of the Contract Furniture Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 74.55 Billion
• 2033 Projected Market Size: USD 119.75 Billion
• CAGR (2025–2033): 5.5%
• Largest Market (2024): Asia Pacific

Competitive Landscape

The global contract furniture market is highly competitive, with companies focusing on expanding their presence across both offline and online channels. Leading brands are investing in design innovation, modular and ergonomic functionality, and material advancements to meet the evolving needs of commercial, hospitality, and institutional spaces. The increasing emphasis on sustainability, eco-friendly materials, and flexible workspace solutions is further driving market adoption, particularly in corporate and co-working environments.

Prominent Companies

• MillerKnoll, Inc.
• Steelcase Inc.
• Haworth Inc.
• HNI Corporation
• KI
• Teknion
• Global Furniture Group
• Kinnarps Group
• Sedus Stoll AG
• Martela

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The global contract furniture market is poised for steady growth, driven by rising demand from corporate offices, hospitality, and residential sectors, alongside expanding commercial construction activities. Increasing investments in office infrastructure, growing preference for ergonomic and sustainable furniture, and the adoption of modular and customizable designs are further propelling market expansion. With Asia Pacific leading the market and continued innovation from key players, the contract furniture sector is well-positioned to capitalize on evolving workplace trends and consumer preferences, offering significant opportunities for long-term growth through 2033.

Modular Construction Market Type-Based Growth Outlook and Segment Data

The global modular construction market was valued at USD 103.55 billion in 2024 and is projected to reach USD 162.42 billion by 2030, growing at a CAGR of 7.9% from 2025 to 2030. Market growth is driven primarily by the rising demand for affordable housing, coupled with increasing investment in healthcare and commercial infrastructure development worldwide.

Off-site construction activities are expanding rapidly in urban areas, further supporting market growth. Modular buildings are manufactured in controlled, factory-based environments using advanced machinery, which reduces exposure to weather-related delays, shortens construction timelines, and enhances overall build quality. These advantages make modular construction a cost-effective solution that minimizes onsite labor and reduces material waste.

Rapid urbanization and industrialization are expected to spur new commercial and industrial projects globally, boosting demand for efficient building solutions. Additionally, technological advancements in the construction sector—along with modular construction’s inherent benefits, such as shorter project schedules, reduced costs, flexibility, reusability, and decreased waste—are contributing to the growing adoption of modular building systems.

Key Market Trends & Insights

• Europe dominated the market with a 46.19% share in 2024.
• By type, the permanent modular construction segment led with a 64.45% revenue share in 2024.
• By application, the residential segment accounted for 53.2% of revenue in 2024.
• By material, steel dominated with a 41.3% share in 2024.
• By module, the four-sided segment held a 37.46% revenue share in 2024.

Download a free sample PDF of the Modular Construction Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 103.55 Billion
• 2030 Projected Market Size: USD 162.42 Billion
• CAGR (2025–2030): 7.9%
• Largest Market (2024): Europe
• Fastest-Growing Region: Asia Pacific

Competitive Landscape

Key players in the modular construction industry include Sekisui House Ltd., Skanska, and Lendlease Corporation.

• Sekisui House Ltd. engages in design, contracting, construction, landscaping, and exterior works. It operates through four business segments: Built-to-order, Supplied Housing, Development, and Overseas Business.
• Skanska is a leading construction and project development company operating across the Nordic region, Poland, the Czech Republic, Hungary, Europe, and the U.S. Its business is structured into construction, residential development, and commercial property development segments.
• Lendlease Corporation is a globally integrated real estate and investment firm known for its expertise in urban development and community building. It operates through three segments: Development, Construction, and Investments.

Prominent Companies

• Sekisui House Ltd.
• LAING O'ROURKE
• Red Sea International
• Skanska
• Bouygues Construction
• Premier Modular Limited
• LEUSBERG GmbH & Co KG
• DuBox
• Wernick Group

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The modular construction market is set for strong, sustained growth as global demand for faster, cost-effective, and sustainable building solutions continues to rise. Increasing investment in residential, healthcare, and commercial infrastructure—combined with rapid urbanization and advancements in off-site building technologies—is accelerating adoption across regions. With Europe leading the market and Asia Pacific emerging as the fastest-growing region, modular construction is becoming a pivotal approach for meeting modern construction challenges. Backed by ongoing innovation from key industry players, the sector is well-positioned to transform the future of global construction through improved efficiency, reduced waste, and enhanced design flexibility.

Mining Automation Market Services Segment Growth and Global Forecasts

The global mining automation market was valued at USD 5,715.7 million in 2024 and is projected to reach USD 8,705.3 million by 2030, growing at a CAGR of 7.0% from 2025 to 2030. This growth is driven largely by rapid advancements in technologies such as Artificial Intelligence (AI), robotics, and information systems, which are increasingly adopted to improve operational efficiency, productivity, and safety.

The surge in innovative technologies is a major catalyst for the expansion of the mining automation sector. Integration of the Internet of Things (IoT) continues to transform mining operations by offering real-time data, analytics, and enhanced visualization tools for better decision-making. Additionally, collaboration between mining companies and technology providers to implement wireless networks—particularly in underground mining environments—is expected to further boost market adoption in the coming years.

AI and robotics are playing a transformative role in shaping the mining automation landscape. AI optimizes drilling and blasting processes, enables predictive maintenance, and supports data-driven operations. Robotics is increasingly deployed to perform hazardous tasks, enhancing worker safety and reducing operational disruptions. Together, these technologies are enabling more intelligent, efficient, and cost-effective mining operations, contributing to a more advanced and competitive global mining automation industry.

Key Market Trends & Insights

• Asia Pacific dominated the global market with over 40% share in 2024.
• China led the regional market with a 32% share in 2024.
• By solution, the software automation segment held over 41% of the market in 2024.
• By application, the mineral mining segment accounted for the largest share in 2024.

Download a free sample PDF of the Mining Automation Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 5,715.7 Million
• 2030 Projected Market Size: USD 8,705.3 Million
• CAGR (2025–2030): 7.0%
• Leading Regional Market (2024): Asia Pacific

Competitive Landscape

Key players in the mining automation industry include Atlas Copco AB and Caterpillar Inc.

• Atlas Copco AB is a global provider of industrial solutions, specializing in compressors, vacuum systems, generators, and mining equipment. The company integrates advanced automation, AI, and digitalization into its products to improve operational efficiency and productivity while reducing costs.
• Caterpillar Inc., a leading manufacturer of heavy machinery, offers innovative equipment and solutions for construction, mining, and energy applications. With a strong focus on sustainability and operational optimization, the company leverages autonomous vehicle technologies, IoT, and AI to enhance mining performance and safety.

Prominent Companies

• Atlas Copco AB
• Autonomous Solutions Inc.
• Caterpillar, Inc.
• The Weir Group PLC
• Epiroc AB
• Hexagon AB
• Hitachi Construction Machinery Co. Ltd.
• Komatsu Ltd.
• Liebherr Group

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The mining automation market is poised for steady growth as AI, robotics, and IoT continue to reshape operational capabilities across the global mining sector. These technologies are enabling safer, smarter, and more cost-efficient mining processes, driving widespread adoption among both surface and underground operations. With strong momentum in the Asia Pacific region and ongoing innovation from leading industry players, mining automation is set to play an increasingly critical role in improving productivity, enhancing safety, and supporting the long-term sustainability of the mining industry through 2030.

Microencapsulation Market Analysis by Coating Material and Applications

The global microencapsulation market was valued at USD 13.90 billion in 2024 and is projected to reach USD 25.19 billion by 2030, expanding at a CAGR of 10.5% from 2025 to 2030. Growing interest in microencapsulation technology is expected to significantly fuel market demand, particularly due to its role in protecting sensitive active pharmaceutical ingredients such as cisplatin, lidocaine, naltrexone, progesterone, insulin, proteins, peptides, and vaccines.

This expanding interest is driven by the technology’s ability to safeguard fragile compounds, enhance stability, and ensure targeted delivery. Additional advantages—including controlled release, improved handling of ingredients, and protection of encapsulated materials—further support market growth. Microencapsulation is also increasingly applied to mask odor, taste, and activity of core materials, broadening adoption across multiple industries.

The rising trend of using natural substances for enhancing facial aesthetics has amplified demand for oral supplements developed using microencapsulation technology. Moreover, growing consumption of n-3 fatty acids, recognized for their health benefits, is supporting greater demand for microencapsulation in masking applications.

Advancements in science and technology have further expanded the use of textile materials in the cosmetics sector. As consumer awareness and disposable incomes increase—particularly in developed markets—the demand for cosmetic textiles is expected to rise. This trend creates new opportunities and target audiences for microencapsulation across beauty, personal care, and specialty textile applications.

Key Market Trends & Insights

• North America dominated the global market with a 36.3% revenue share in 2024.
• The U.S. held the largest revenue share within North America in 2024.
• By technology, the spray segment led with a 33.9% market share in 2024.
• By coating material, polymer coatings dominated the global market with a 28.3% share in 2024.
• The pharmaceutical and healthcare segment was the leading application area, accounting for 65.4% of revenue in 2024.

Download a free sample PDF of the Microencapsulation Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 13.90 Billion
• 2030 Projected Market Size: USD 25.19 Billion
• CAGR (2025–2030): 10.5%
• Leading Regional Market (2024): North America

Competitive Landscape

Key players in the global microencapsulation industry include AVEKA Group, LycoRed Group, and BASF SE. These companies focus on technological innovation, strategic partnerships, and mergers & acquisitions to strengthen their market position. They also emphasize expanding product portfolios, advancing R&D, and enhancing manufacturing capabilities to deliver efficient, sustainable, and cost-effective microencapsulation solutions.

• Balchem produces nutrient and flavor delivery systems, encapsulated active ingredients, and specialty components designed to improve product stability, controlled release, and bioavailability. The company serves the food, health, and nutrition markets by offering innovative solutions that address formulation challenges and enhance the overall consumer experience.
• Encapsys LLC manufactures a range of encapsulated products, including controlled-release formulations and active ingredients. Serving the healthcare and consumer products sectors, the company delivers advanced delivery mechanisms that ensure performance, stability, and targeted release—meeting rising demand for precision and efficiency in product formulation.

Prominent Companies

• LycoRed Group
• BASF SE
• Balchem
• Encapsys LLC
• AVEKA Group
• Reed Pacific Pty Ltd.
• Microtek Laboratories, Inc.
• TasteTech Ltd.
• GAT Microencapsulation GmbH

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The global microencapsulation market is poised for robust expansion, driven by the increasing need to protect sensitive ingredients, enable controlled release, and enhance product performance across pharmaceuticals, food, cosmetics, and other industries. Rising consumer awareness, advancements in formulation technologies, and growing applications—ranging from healthcare to cosmetic textiles—continue to broaden the market’s potential. With strong regional demand, particularly in North America, and sustained innovation from leading industry players, microencapsulation technology is expected to remain a critical enabler of product differentiation and functional improvement through 2030.

Membrane Bioreactor Market Flat Sheet Product Trends and Segment Forecasts

The global membrane bioreactor market was valued at USD 3.8 billion in 2024 and is expected to reach USD 5.77 billion by 2030, growing at a CAGR of 7.4% from 2025 to 2030. Several key trends are shaping market growth, led by the increasing demand for sustainable and efficient wastewater treatment solutions amid rising urbanization and industrial development.

Stricter environmental regulations worldwide continue to drive the adoption of advanced treatment technologies such as MBRs. In addition, the growing emphasis on circular economy practices and resource recovery is strengthening interest in MBR systems, which not only provide high-quality wastewater treatment but also enable the recovery of valuable resources, including nutrients and energy.

The need for reliable and sustainable wastewater management remains a primary market driver. As cities grow and industrial activities expand, traditional treatment methods often struggle to meet tightening regulatory and environmental standards. MBR technology offers a highly efficient, compact, and energy-saving solution that delivers superior effluent quality, making it an attractive option for municipalities and industries seeking to enhance environmental performance.

Key Market Trends & Insights

• Asia Pacific accounted for over 40.81% of global revenue in 2024.
• China represented 34.0% of the Asia Pacific market in 2024.
• The hollow fiber product segment held a 50.9% market share in 2024.
• The submerged configuration segment dominated with a 77.0% share in 2024.
• The municipal application segment led the market, contributing 63.67% of global revenue in 2024.

Download a free sample PDF of the Membrane Bioreactor Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 3.8 Billion
• 2030 Projected Market Size: USD 5.77 Billion
• CAGR (2025–2030): 7.4%
• Leading Region (2024): Asia Pacific

Competitive Landscape

Key players in the membrane bioreactor market include General Electric, MANN+HUMMEL, Suez, and others.

• General Electric offers a comprehensive portfolio of water treatment solutions, including boiler and cooling water treatment, desalination, dust control, drinking water purification, metal removal, mobile water systems, wastewater treatment, and zero-liquid discharge technologies. GE serves industries such as mining, pharmaceuticals, power generation, oil & gas, refining, and pulp & paper.
• B&P Water Technologies S.r.l. specializes in the design and supply of diverse water treatment and potabilization systems, including reverse osmosis units, chemical dosing systems, bilgewater treatment plants, desalination plants, and more. The company, ISO 9001 certified, focuses on preassembled and factory-tested containerized MBR systems that eliminate the need for onsite construction, piping, or electrical installation.

Prominent Companies

• General Electric
• B&P Water Technologies S.r.l.
• CITIC Envirotech Ltd.
• MANN+HUMMEL Water & Fluid Solutions
• Suez
• Calgon Carbon Corporation
• Veolia
• Reynolds Culligan
• Kemira

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The membrane bioreactor market is set for steady growth as global demand for sustainable, high-performance wastewater treatment solutions continues to rise. Strengthened by stricter environmental regulations, increasing urbanization, and the growing importance of resource recovery, MBR technology is becoming a preferred choice for both municipal and industrial applications. With strong regional momentum—particularly in Asia Pacific—and active innovation from leading industry players, the market is well-positioned for continued expansion through 2030.

Construction Robots Market by Demolition, Bricklaying & Material Handling

The global construction robots market size was estimated at USD 1.4 billion in 2024 and is projected to reach USD 3.66 billion by 2030, expanding at a CAGR of 18% from 2025 to 2030. Market growth is driven by multiple factors, including the need to reduce labor costs, enhance worker safety through robotic automation, and support rapid urbanization and industrialization. As construction firms increasingly adopt automation and allocate greater budgets toward modernizing operations, global demand for construction robots continues to accelerate.

Technological advancements in AI and robotics are playing a pivotal role in transforming the construction robotics landscape. AI-powered systems are enabling robots to perform complex tasks with higher precision, real-time adaptability, and improved autonomy. These capabilities enhance efficiencies in material handling, precision assembly, site surveying, and on-site problem-solving. As errors are minimized and project timelines are shortened, robotics adoption is helping address long-standing industry challenges such as labor shortages, safety risks, and productivity constraints—ultimately reshaping traditional construction workflows.

Key Market Trends & Insights

• Asia Pacific dominated the global market with the largest revenue share of 33.0% in 2024.
• China held a substantial share within the Asia Pacific region in 2024.
• By function, the material handling segment led with a 32.7% revenue share in 2024.
• By end use, the industrial segment accounted for the largest market share in 2024.
• By type, robotic arms dominated the market with the highest revenue contribution in 2024.

Download a free sample PDF of the Construction Robots Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 1.4 Billion
• 2030 Projected Market Size: USD 3.66 Billion
• CAGR (2025–2030): 18%
• Largest Market (2024): Asia Pacific

Competitive Landscape

Key players in the construction robots market include Construction Robotics, ABB, Advanced Construction Robotics, Inc., Brokk Global, and others. To maintain a competitive edge, companies are focusing on integrating advanced technologies into their solutions while pursuing strategic initiatives such as partnerships, mergers and acquisitions, and new product launches.

• ABB is a global leader in industrial automation and robotics, delivering advanced robotic technologies that enhance construction efficiency, safety, and precision. The company supports automation across infrastructure, commercial construction, and smart building applications.
• Advanced Construction Robotics, Inc. develops innovative solutions for automating construction tasks. Its flagship product, Tybot, automates rebar tying, significantly improving productivity, safety, and cost efficiency on job sites. The company plays an influential role in advancing automation adoption across the global construction industry.

Prominent Companies

• Construction Robotics
• ABB
• Advanced Construction Robotics, Inc.
• Brokk Global
• Ekso Bionics
• Autonomous Solutions, Inc.
• MX3D
• Husqvarna Group
• FBR Ltd
• Conjet

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The global construction robots market is set to experience strong growth as the industry increasingly turns to automation to overcome labor shortages, enhance safety, and improve operational efficiency. Advancements in AI, robotics, and autonomous systems are accelerating adoption by enabling robots to perform complex, high-precision tasks across diverse construction environments. With Asia Pacific leading market demand and continued investment from major industry players, construction robotics is transitioning from a niche innovation to a mainstream productivity tool. As urbanization intensifies and infrastructure development expands worldwide, construction robots will play an essential role in modernizing workflows, reducing project timelines, and supporting the long-term digital transformation of the construction sector.

Connected Gym Equipment Market by Cardiovascular & Strength Training Equipment

The global connected gym equipment market was valued at USD 2,754.7 million in 2024 and is projected to reach USD 14,027.3 million by 2033, growing at a CAGR of 21.1% from 2025 to 2033. Growth is fueled by rising health consciousness, accelerated adoption of at-home fitness post-pandemic, and rapid technological advancements—including AI/ML, IoT, and wearable integrations. These technologies enable hyper-personalized, data-driven workout experiences and interactive features such as virtual and augmented reality.

Subscription-based fitness ecosystems, gamified training modules, and corporate wellness integrations further enhance user retention and engagement. Increasing urbanization and rising disposable incomes—particularly in developing regions—are also boosting market demand. However, high equipment costs, data privacy concerns, and inadequate internet infrastructure continue to pose challenges to widespread global adoption.

The shift toward convenient, personalized, and interactive workouts is a major market driver. AI-powered adaptive training, IoT-enabled performance tracking, and real-time virtual coaching are transforming how consumers engage with fitness routines both at home and on-the-go. The growing popularity of hybrid fitness models and the preference for smart cardio equipment across residential and commercial environments reflect evolving fitness expectations and increasing investment in connected fitness ecosystems.

Key Market Trends & Insights

• North America held the leading share of 51.03% in 2024.
• The U.S. market has grown rapidly due to heightened health awareness and expanding tech-enabled fitness solutions.
• By product, cardiovascular training equipment dominated with 64.08% share in 2024.
• By application, the B2C segment held the largest share at 76.74% in 2024.

Download a free sample PDF of the Connected Gym Equipment Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 2,754.7 Million
• 2033 Forecast: USD 14,027.3 Million
• CAGR (2025–2033): 21.1%
• Largest Market: North America
• Fastest-Growing Region: Asia Pacific

Competitive Landscape

Key market players are focusing on expansion, strategic partnerships, and product portfolio enhancements to strengthen their global presence and address rising demand for smart fitness solutions.

• Peloton Interactive Inc. remains a leading brand known for its premium connected bikes and treadmills. The company’s subscription-based model combining live and on-demand classes has driven strong user engagement. Peloton continues to diversify with offerings such as the Peloton Guide for strength training and broader access via its digital app. Its reach spans North America, Europe, and Asia, aligning with the expanding home fitness trend.
• NordicTrack (ICON Health & Fitness, Inc.) is another major player offering smart treadmills, ellipticals, rowers, and strength training systems. By integrating real-time tracking and interactive workout content, the company has built a strong global customer base. Its omnichannel distribution strategy—across retail and online—supports steady growth as consumers seek versatile, tech-enabled fitness solutions.

Prominent Companies

• Peloton Interactive Inc.
• iFIT Health & Fitness
• Technogym S.p.A.
• Life Fitness
• Tonal Systems, Inc.
• EGYM GmbH
• Precor Incorporated
• Ergatta, Inc.

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The connected gym equipment market is poised for robust expansion as consumers increasingly prioritize personalized, immersive, and technology-driven fitness experiences. Innovations in AI, IoT, and real-time analytics are reshaping workout engagement, while hybrid fitness models continue to gain traction globally. With strong demand in both residential and commercial segments—and rapid growth in emerging markets—the industry is expected to evolve rapidly through 2033, supported by ongoing digital transformation and rising investment in smart wellness solutions.

Compression Therapy Market by Static, Dynamic Technology & Regional Analysis

The global compression therapy market was valued at USD 4.25 billion in 2024 and is projected to reach USD 5.34 billion by 2030, growing at a CAGR of 3.8% from 2025 to 2030. Market growth is largely driven by the rising prevalence of vein-related disorders such as leg ulcers, Deep Vein Thrombosis (DVT), lymphedema, varicose veins, and blood clots.

The increasing volume of orthopedic surgeries is also contributing significantly to demand for compression therapy. Compression products are commonly used in postoperative care and rehabilitation for procedures such as knee and hip replacements, fracture repairs, ligament reconstructions, and arthroscopic surgeries. These procedures are becoming more frequent due to an aging population, greater participation in sports activities, and improvements in surgical techniques. For example, according to the American College of Rheumatology, the U.S. performs approximately 790,000 knee replacements and 544,000 hip replacements annually. Additionally, data from the Australian Orthopedic Association National Joint Replacement Registry (AOANJRR) reported that over 2.1 million orthopedic procedures were conducted in Australia in 2024.

Key Market Trends & Insights

• North America dominated the global market with a 42.43% revenue share in 2024.
• Asia Pacific is expected to grow at the fastest CAGR during the forecast period.
• By technology, static compression therapy held the largest share at 69.08% in 2024.
• By end use, hospitals led the market in 2024.
• By distribution channel, institutional sales accounted for the largest share in 2024.

Download a free sample PDF of the Compression Therapy Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 4.25 Billion
• 2030 Forecast: USD 5.34 Billion
• CAGR (2025–2030): 3.8%
• Largest Regional Market: North America
• Fastest-Growing Region: Asia Pacific

Competitive Landscape

Major players operating in the global compression therapy market include Cardinal Health, Julius Zorn GmbH, 3M Health Care, Spectrum Healthcare, Bio Compression Systems, Inc., Stryker, and Gottfried Medical. These companies offer a wide portfolio of compression garments, stockings, wraps, and advanced therapeutic devices used for venous disorders, lymphedema, and wound healing.

The industry is also witnessing growing participation from emerging players and startups that are introducing innovative solutions and reshaping traditional market dynamics. Many of these newcomers focus on niche applications or develop novel technologies to address unmet needs in wound care, vascular health, and postoperative recovery.

Technological advancements are notably influencing the competitive landscape. Key innovations include smart compression systems, 3D-printed compression products, gradient compression technologies, cold compression therapy, and hydrotherapy-based compression devices. Companies are increasingly prioritizing patient-centric design features that enhance comfort, ease of use, and treatment adherence.

Prominent Companies

• Essity Aktiebolag (publ)
• Cardinal Health
• Julius Zorn GmbH
• Hartmann AG
• Medi GmbH & Co.
• SIGVARIS
• BSN Medical GmbH
• ArjoHuntleigh
• 3M Health Care

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The compression therapy market is poised for steady growth as the prevalence of venous disorders rises and orthopedic surgeries become more common across aging and active populations. Advances in compression technologies, growing patient awareness, and the availability of innovative, user-friendly products are strengthening market momentum. With North America maintaining its lead and Asia Pacific emerging as the fastest-growing region, the industry is expected to continue evolving through 2030, driven by both clinical demand and technological innovation.

 

Companion Animal Osteoarthritis Market by Biologics, Pharmaceuticals & Viscosupplements

The global companion animal osteoarthritis market was valued at USD 2.29 billion in 2024 and is projected to reach USD 13.27 billion by 2033, expanding at a CAGR of 23.5% from 2025 to 2033. Market growth is driven by several factors, including the rising prevalence of osteoarthritis among companion animals, increasing R&D efforts, the emergence of novel therapies, greater awareness initiatives, and advancements in diagnostic technologies that support earlier detection and more effective OA management.

Osteoarthritis is becoming increasingly common in dogs, cats, and horses. In canines, an estimated 20% of dogs over one year of age show clinical signs of OA, with prevalence rising to as high as 80% in senior dogs, supported by both clinical and radiographic assessments. Among cats, OA has historically been underdiagnosed; however, recent studies suggest that up to 90% of cats older than 12 years show radiographic evidence of the condition. Equine OA also remains a significant contributor to reduced athletic performance and early retirement in sport and racehorses.

Multiple factors are fueling this rising prevalence, including longer pet lifespans due to improvements in veterinary care, higher rates of obesity—a key OA risk factor—and enhanced diagnostic capabilities that enable veterinarians to identify OA earlier and more accurately. As a result, demand is increasing for early diagnosis, long-term disease management, biologic therapies, and effective pain control solutions.

Key Market Trends & Insights

• North America held 42.3% of global market revenue in 2024.
• Asia Pacific is projected to grow at the fastest CAGR through 2033.
• By animal type, canines represented 47.9% of the market in 2024.
• By product, biologics accounted for approximately 53% of global revenue in 2024.
• By route of administration, injectables—including intramuscular and intra-articular options—are expected to grow the fastest over the forecast period.

Download a free sample PDF of the Companion Animal Osteoarthritis Market Intelligence Study by Grand View Research.

Market Size & Forecast

• 2024 Market Size: USD 2.29 Billion
• 2033 Forecast: USD 13.27 Billion
• CAGR (2025–2033): 23.5%
• Largest Regional Market: North America
• Fastest-Growing Region: Asia Pacific

Competitive Landscape

The companion animal osteoarthritis (CA OA) market is rapidly evolving, with advancements in therapeutic options influencing not only veterinary care but also the pet insurance industry. Innovative pain management solutions—such as monoclonal antibodies, radioisotope injections, and regenerative therapies—are increasing treatment costs, prompting more pet owners to seek insurance coverage for chronic, long-term conditions.

As new therapies enter the market and regulatory oversight strengthens, insurers are adapting policies to cover advanced treatments, including stem cell therapy and CBD-based products. Additionally, rising pet ownership, regional expansion of veterinary services, and growing demand for holistic and wellness-focused care are shaping the types of coverage that pet insurers must provide. This shift is transforming pet insurance from a discretionary expense into a practical necessity, particularly for aging animals at higher risk of OA.

Prominent Companies

• Zoetis Inc.
• Boehringer Ingelheim
• Elanco Animal Health
• American Regent, Inc.
• Merck Animal Health (Merck & Co. Inc.)
• Vetoquinol S.A.
• Ceva Sante Animale
• Virbac
• Biogenesis Bago

Explore Horizon Databook – the world’s most comprehensive market intelligence platform by Grand View Research.

Conclusion

The companion animal osteoarthritis market is set for substantial expansion as rising disease prevalence, advanced biologics, and improved diagnostic capabilities reshape veterinary care. With growing awareness among pet owners and increasing investment in innovative therapies, the market will continue to evolve rapidly through 2033. As treatment complexity and costs rise, pet insurance adoption is expected to increase in parallel, reinforcing the importance of comprehensive, long-term OA management for aging companion animals.