Tag: stocks

Orthopedic Braces And Supports Market Supported by E-Commerce Growth

In 2024, the global orthopedic braces and supports market stood at USD 4,670.9 million, and is forecast to rise to USD 7,006.2 million by 2030, reflecting a steady compound annual growth rate (CAGR) of 7.3% over the 2025–2030 period. This expansion is driven by ongoing technological innovation, rising rates of injuries related to sports and accidents, an aging population, and growing public awareness regarding preventive healthcare.

Key Market Trends & Insights

  • In 2024, North America accounted for the largest share of the global orthopedic braces and supports market, with a revenue share of 35.83%. The United States emerged as the dominant national market within the region.
  • Among product categories, braces and supports constituted the leading segment in 2024, capturing nearly 75% (specifically, 74.97%) of total revenue.
  • Regarding end-use, orthopedic clinics were the primary source of revenue during the same year.

Market Size & Forecast

  • Market value in 2024 was USD 4,670.9 million.
  • By 2030, the market is estimated to reach USD 7,006.2 million.
  • The projected CAGR from 2025 to 2030 is 7.3%.
  • Regionally, North America leads in overall size as of 2024, while Asia Pacific is expected to demonstrate the fastest growth rate through the forecast period.

These figures underscore ongoing developments in product innovation and distribution approaches aimed at improving patient outcomes.

Key Companies & Market-Share Insight

Leading companies in this industry are actively working to refine their offerings and strengthen their market presence. Notable company initiatives include the expansion of pediatric bracing divisions, targeted product launches, strategic acquisitions, and partnerships aimed at bolstering regional footprints and technical capabilities.

Order a free sample PDF of the Orthopedic Braces And Supports Market Intelligence Study, published by Grand View Research.

Key Companies:

The following organizations are recognized as the principal players in the orthopedic braces and supports landscape, collectively representing the most significant share of the market and shaping industry trends:

  • BREG, Inc.
  • Frank Stubbs Company Inc.
  • DeRoyal Industries, Inc.
  • Össur
  • Fillauer LLC
  • Ottobock
  • McDavid
  • Bauerfeind
  • Weber Orthopedic LP
  • DJO, LLC (Enovis)
  • 3M
  • Zimmer Biomet

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Conclusion

In summary, the orthopedic braces and supports industry is experiencing robust and sustained growth—from USD 4,670.9 million in 2024 to an anticipated USD 7,006.2 million by 2030—propelled by technological strides, demographic trends, and increasing demand tied to injury prevalence. Braces and supports dominate the product space, and orthopedic clinics remain critical channels. North America leads the market, while Asia Pacific offers the most rapid expansion opportunity. Competition is shaped by a mix of established global players investing in R&D, acquisitions, and partnerships to enhance reach and innovation.

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Microbial Identification Market Fueled by Growing Awareness of Pathogen Detection

The global microbial identification market size was valued at USD 4.19 billion in 2024 and is expected to reach USD 8.18 billion by 2030, expanding at a compound annual growth rate (CAGR) of 11.91% from 2025 to 2030. This significant growth is attributed to the rising prevalence of infectious diseases, rapid technological advancements, increased R&D efforts, and growing government investments in the biotechnology and life sciences sectors.

Moreover, heightened awareness regarding food safety and the need for effective environmental monitoring are key drivers anticipated to further fuel the market’s growth from 2025 onward. These factors are increasingly prompting industries and governments to adopt advanced microbial identification systems to ensure public health and safety.

Antimicrobial resistance (AMR)—the ability of microbes to resist the effects of medications—poses a serious global health threat. It leads to higher mortality rates, extended hospitalizations, and escalating healthcare costs. Accurate microbial identification plays a crucial role in combatting AMR by enabling precise, targeted treatment and minimizing the inappropriate use of broad-spectrum antibiotics.

With healthcare systems placing greater emphasis on antimicrobial stewardship, the demand for rapid and accurate microbial diagnostics is rising. Technologies like MALDI-TOF mass spectrometry, PCR-based systems, and next-generation sequencing (NGS) offer efficient detection of pathogens and resistant strains, allowing clinicians to make informed decisions and enhance patient outcomes. These tools are becoming essential components of modern infection control and treatment strategies.

According to the Global Research on Antimicrobial Resistance Project published in The Lancet in September 2024, the absence of effective interventions could result in over 39 million direct deaths from antibiotic-resistant bacterial infections within the next 25 years. Indirect deaths could reach an additional 169 million. By 2050, total deaths from AMR are projected to surge to 10.13 million annually, with an economic impact potentially reaching $1 trillion to $3.4 trillion in global GDP losses by 2030. These projections underscore the urgent need for reliable microbial identification methods.

International initiatives, such as the World Health Organization’s Global Action Plan on AMR, are encouraging governments to enhance surveillance systems and diagnostic infrastructures. In response, hospitals, research institutions, and laboratories are increasingly investing in advanced microbial identification technologies, reinforcing the market’s critical role in public health.

Order a free sample PDF of the Microbial Identification Market Intelligence Study, published by Grand View Research.

Key Market Trends & Insights

  • North America led the global market with a 38.38% share in 2024.
  • The U.S. microbial identification market is anticipated to witness strong growth throughout the forecast period.
  • Consumables dominated the product & services segment with a 36.60% share in 2024.
  • PCR technology accounted for the largest technology segment with a 36.69% share in 2024.
  • The genotypic segment held the largest share at 42.19% in 2024 and is expected to record the highest CAGR from 2025 to 2030.

Market Size & Forecast

  • 2024 Market Size: USD 4.19 Billion
  • 2030 Market Size: USD 8.18 Billion
  • CAGR (2025–2030): 11.91%
  • North America: Largest regional market (2024)
  • Asia Pacific: Fastest-growing region

Key Microbial Identification Company Insights

Leading market participants are employing strategies such as partnerships, mergers, and geographical expansions to enhance their footprint and drive product accessibility. These initiatives play a vital role in shaping industry dynamics and accelerating market growth.

Major Companies in the Microbial Identification Market:

  • bioMérieux SA
  • Becton, Dickinson and Company
  • Thermo Fisher Scientific Inc.
  • Bruker Corporation
  • Danaher Corporation
  • Qiagen N.V.
  • Charles River Laboratories
  • Wickham Micro Limited
  • VWR International LLC (Avantor Inc.)
  • Shimadzu Corporation
  • Merck KGaA
  • Eurofins Scientific SE
  • Biolog Inc

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Conclusion

The microbial identification market is poised for substantial growth through 2030, driven by the convergence of health priorities, technological progress, and global efforts to mitigate antimicrobial resistance. As awareness of microbial threats continues to grow, so too does the demand for accurate and timely identification tools. The integration of advanced technologies, coupled with supportive government and institutional initiatives, ensures that microbial identification will remain a cornerstone in the global strategy to protect public health, improve patient care, and curb the economic and medical impact of AMR.

Strontium Market Experiences Surge Due to Advancements in Imaging Devices

The global strontium market size was estimated at USD 248 million in 2023 and is projected to reach USD 378.7 million by 2030, expanding at a CAGR of 6.3% from 2024 to 2030. This growth is primarily driven by increasing demand in the production of ceramic ferrite magnets and the medical industry, particularly for the prevention and treatment of bone-related disorders.

One of the key growth contributors is the rising usage of bright and colorful fireworks, especially within the entertainment and event management sectors. This trend continues to support overall market demand. According to the American Pyrotechnics Association, display fireworks consumption in the U.S. reached 27.1 million lbs. in 2023, marking a 7% year-over-year increase. This uptick highlights the robust demand for strontium in pyrotechnics.

Strontium’s most significant application lies in pyrotechnics and signals, where it is an essential raw material due to its ability to create a vivid red color in fireworks and its high oxygen content, which supports ignition. Additionally, the material’s role in ceramic ferrite magnet production has grown due to its utility in electronics manufacturing.

In the medical field, strontium offers promising opportunities, with ongoing research exploring its use in treating bone and dental conditions. These advancements are expected to strengthen its presence in healthcare applications in the coming years.

Despite its wide applications, the strontium market faces potential challenges from emerging technologies that could substitute traditional materials. Alternatives such as OLEDs, LED displays, and new alloys could reduce demand over time. However, the slow pace of technological transition implies that any significant impact on strontium demand would likely be delayed.

Global market reception of strontium remains mixed. Factors such as its exclusion from critical mineral lists, varied consumption across applications, and relatively low commercial value compared to other minerals have influenced its perception. Nevertheless, demand consistency across major sectors has supported relatively stable global pricing.

Strontium pricing is affected by a range of factors, including ore and production costs, energy and labor expenses, market demand dynamics, technological changes, environmental regulations, currency fluctuations, and geopolitical trends. Historically, prices have shown low volatility due to steady demand, although occasional regional price shifts have occurred.

In the U.S., strontium demand is largely driven by its applications in pyrotechnics and ceramic magnets. However, a notable decline in its use in drilling fluids was recorded in 2023 due to reduced drilling activities, leading to a year-over-year price dip.

Meanwhile, the electronic, medical, and personal care sectors have shown steady growth since 2022, driven by post-pandemic economic recovery. This sustained demand is expected to contribute to relatively stable pricing trends throughout the forecast period.

Order a free sample PDF of the Strontium Market Intelligence Study, published by Grand View Research.

Key Market Trends & Insights

  • Asia Pacific led the global market with a 37.2% revenue share in 2023.
  • In the U.S., increased military spending is anticipated to support market growth.
  • The strontium carbonate product segment held the largest share at over 41.0% in 2023.
  • The personal care application segment is forecasted to witness the highest CAGR of 7.0%.

Market Size & Forecast

  • 2023 Market Size: USD 248 Million
  • 2030 Projected Market Size: USD 378.7 Million
  • CAGR (2024–2030): 6.3%
  • Largest Regional Market: Asia Pacific (2023)

Key Company Insights

Basstech International (U.S.) specializes in strontium nitrate and serves the North American region.

Solvay (Belgium) produces high-purity strontium compounds and operates globally.

Key Players in the Strontium Market

  • ABASSCO
  • Basstech International
  • Canteras Industriales, S.L.
  • Joyieng Chemical LTD.
  • ProChem
  • Quimica Del Estroncio, S.A.
  • Sakai Chemical Co., LTD.
  • Solvay

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Conclusion

The global strontium market is poised for steady growth, supported by diverse end-use industries including fireworks, electronics, and healthcare. While challenges from emerging technologies may impact certain applications in the long term, the current stability in demand and pricing—especially across Asia Pacific and North America—suggests a favorable outlook through 2030. Continued innovations and expanding medical research further position strontium as a valuable mineral across evolving industrial landscapes.

Warehouse Racking Market Supported by Rising Investments in Industrial Infrastructure

The global warehouse racking market was valued at USD 9.71 billion in 2024 and is expected to grow at a CAGR of 4.2% from 2025 to 2030. The market’s growth is driven by the rising need for warehouse capacity expansion alongside the rapid growth of online retail. Warehouse racking plays a crucial role in optimizing storage space, increasing capacity, and improving the organization of stored goods. A well-organized racking system enables easier identification, picking, and order fulfillment.

Additionally, warehouse racking reduces overall operational time. The expansion of key industries such as automotive, manufacturing, retail, and food & beverage worldwide is projected to further increase product demand. As businesses seek more warehouse space to store and easily access products, the demand for efficient racking systems is expected to rise. Strategically planned racking solutions help warehouses reduce costs by allowing bulk purchases from vendors, who often provide discounts for larger orders.

By maximizing storage capacity, warehouses can reduce costs while improving efficiency. A well-structured racking system not only facilitates faster order picking—reducing the need for excessive labor—but also ensures timely fulfillment of orders without backlogs. The U.S. market is anticipated to experience substantial growth, supported by a large e-commerce sector, advanced infrastructure and automation, and a highly skilled workforce. Moreover, the presence of numerous manufacturers and racking solution providers in the country contributes to higher production volumes and comprehensive after-sales support.

Product Insights

In 2024, the selective pallet racking segment accounted for the largest revenue share, capturing 45.0% of the market. This system is favored for its cost-effective design, broad range of sizes, and accessories, making it ideal for standard storage and utility applications. Its growing adoption across various industries is expected to drive segment growth further. The drive-in racking system held the second-largest share in 2024, supported by increasing demand for high-density storage solutions. By eliminating aisles, this system enables the storage of large quantities of similar products in limited space, offering an efficient solution for maximizing warehouse capacity.

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Application Insights

By application, the retail segment led the market in 2024, securing the largest revenue share at 35.4%. This dominance is attributed to the rising number of warehouses, supermarkets, hypermarkets, and other retail facilities. The use of various racking systems allows retail warehouses to optimize storage and streamline product organization. In the food & beverage sector, high-density storage solutions are essential, enabling goods to be stored at multiple levels using rail-based systems. Ongoing investments and expansion projects in food & beverage warehouses and distribution centers worldwide are further accelerating this segment’s growth.

Regional Insights

North America emerged as the leading region in the warehouse racking market, holding a 27.8% revenue share in 2024. This leadership is attributed to the region’s early adoption of racking systems. The rising demand for fully automated warehouse facilities is expected to unlock significant market opportunities in the coming years. Additionally, the expansion of e-commerce platforms continues to drive demand for enhanced warehouse infrastructure across the region. Increased construction of warehouse facilities and the replacement of outdated storage technologies are likely to support further market growth.

Leading Warehouse Racking Companies

Key players shaping the global warehouse racking market include:

  • Daifuku Co., Ltd.
  • Mecalux S.A.
  • Kardex Group
  • Hannibal Industries, Inc.
  • Emrack International
  • Jungheinrich AG
  • AK Material Handling Systems
  • SSI Schaefer Group
  • Dematic

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Latin America Factoring Services Market Witnesses Surge in Non-Recourse Factoring Use

The Latin America factoring services market was valued at USD 145.47 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 11.9% from 2023 to 2030. This growth is primarily driven by the increasing demand for alternative financing solutions among Micro, Small, and Medium-sized Enterprises (MSMEs), alongside advancements in blockchain technology and cryptocurrency.

The COVID-19 pandemic posed major challenges to the global economy, disrupting supply chains and impacting financial markets and businesses. In response, governments provided fiscal support to protect companies, while many nations sought innovative funding mechanisms to aid SMEs.

These supportive financing initiatives for SMEs are expected to yield positive results, fueling market growth in the coming years. More businesses are turning to factoring services over traditional asset-based loans, contributing to market expansion. Factoring offers several advantages over loans, such as faster approval times, lower interest rates, immediate cash access, and no collateral requirements. Leading market players are implementing strategies like partnering with regional firms to strengthen their presence, further boosting industry growth. For example, in June 2022, JPMorgan Chase & Co. partnered with OmniLatam (a Latin American fintech acquired by KLYM) to finance SMEs that supply large corporations across the region.

Category Insights

In 2022, the domestic factoring segment dominated the market, accounting for 90.6% of the total share. This growth is attributed to the rapid adoption of factoring receivables in key industries due to their efficiency. The rising adoption of electronic invoicing has further consolidated the domestic factoring market. Domestic factoring also enables businesses to receive regular analyses of their sales and payable invoices. This category includes various types such as full factoring, maturity factoring, advance factoring, undisclosed factoring, and invoice discounting. Many companies prioritize factoring services to meet the strong domestic demand for goods and services.

Type Insights

The non-recourse factoring segment held the largest market share of 57.7% in 2022 and is expected to continue expanding at the fastest CAGR through 2030. Non-recourse factoring is ideal for businesses with large customer bases that want to clear their balance sheets by removing accounts receivable. It is particularly popular among trucking companies seeking financial security to ensure payment for shipments. For instance, eCapital, a financial services firm that accelerates SMEs’ access to capital, offers fleet fuel cards for trucking businesses. These cards provide discounted fuel prices, real-time transaction monitoring, fuel tax reporting, and purchase controls, helping businesses manage expenses effectively.

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Financial Institution Insights

The banks segment captured the largest market share at 78.1% in 2022. This dominance is linked to the growing use of blockchain platforms, the surge in digital payment systems, and rising investments in distributed ledger technology. Banks play a critical role in trade finance by helping businesses convert receivables into cash, alleviating cash flow and working capital challenges using blockchain solutions. Additionally, blockchain’s application in cross-border transactions, clearing and settlement, digital identity verification, and credit reporting is expected to drive its adoption across both public and private banks.

End-use Insights

The manufacturing sector led the market in 2022, contributing 31.5% of total revenue. Manufacturers use factoring services to convert their receivables into immediate cash for operating expenses. Instead of opting for high-interest loans, manufacturers prefer invoice factoring for quick cash access without lengthy documentation. Companies facing urgent cash needs or those unable to secure traditional or series funding turn to factoring to maintain operating capital and improve cash flow for streamlined production. Meanwhile, the healthcare sector is forecast to record the fastest growth during the projection period.

Country Insights

Brazil accounted for the largest market share at 31.8% in 2022. The Brazilian government’s regulatory focus on digitalization is facilitating the shift from traditional to digital factoring services. For example, in February 2021, Brazil implemented new regulations for NF-e invoices, including a provision that factoring-related invoices can no longer be canceled. These government efforts are expected to support the country’s market growth over the forecast period.

Peru is poised to witness the fastest CAGR during the forecast period. The country has been proactive in advancing factoring services, notably by digitalizing electronic invoice factoring in January 2022. Peru’s tax authority, SUNAT, passed Decreto de Urgencia N° 013-2020, enabling linking of invoices to factoring transactions. This initiative allows businesses to access cash to maintain operations, promote SME growth, and foster formal employment—factors contributing to the anticipated market expansion.

Key Market Players

Prominent companies operating in the Latin America factoring services market include:

  • Accion International
  • Barclays Plc
  • BNP Paribas
  • BTG Pactual
  • Deutsche Factoring Bank
  • FINAMCO
  • Hitachi Capital (UK) PLC
  • HSBC Group
  • Mizuho Financial Group, Inc.
  • SMB
  • TRADEWIND GmbH

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Gluten-Free Bakery Market Fueled by Growing Popularity of Plant-Based Ingredients

The global gluten-free bakery market was valued at USD 1.64 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 10.8% from 2022 to 2030. A key factor driving this growth is the rising demand for healthy and nutritious food products, fueled by increasing health awareness worldwide. Additionally, the growing interest in health-focused diets aimed at preventing conditions such as heart disease, diabetes, obesity, chronic pulmonary disease (COPD), and metabolic syndrome is expected to further propel market expansion. New product launches by manufacturers are also playing a significant role in supporting industry growth.

The COVID-19 pandemic led to a surge in demand for healthier food options, including gluten-free bakery products, further strengthening the market. During the pandemic, healthcare professionals recommended the regular consumption of nutritious foods to enhance immunity. With consumers spending more time at home, interest in personal health and fitness grew, boosting sales of gluten-free bakery products like bread, cookies, and biscuits. Moreover, the high global incidence of celiac disease continues to drive product demand.

According to the Celiac Disease Foundation, the prevalence of celiac disease in 2018 was 0.4% in South America, 0.5% in Africa and North America, 0.6% in Asia, and 0.8% in Europe and Oceania. Celiac disease is commonly managed through a gluten-free diet, which helps prevent damage to the intestinal lining and reduces symptoms like diarrhea and abdominal pain. As a result, rising demand for gluten-free products for celiac disease management is accelerating industry growth. Gluten-free bakery items are also gaining popularity among individuals with other health conditions, including inflammatory diseases, autoimmune disorders, and non-celiac gluten sensitivity.

Furthermore, increasing government awareness campaigns promoting gluten-free products for the treatment of celiac and non-celiac conditions are contributing to market growth. These initiatives have raised awareness around celiac disease diagnosis and stimulated product demand. Additionally, the growing trend of healthy eating in developing regions is expected to create further opportunities for market expansion. The adoption of microencapsulation technology to enhance the shelf life of gluten-free bakery products is also expected to drive growth. This technology helps improve both shelf life and texture, particularly in frozen gluten-free baked goods. Consequently, the strong demand for frozen gluten-free bakery items continues to fuel market growth. The availability of diverse product options, along with continuous innovations, is anticipated to positively influence market expansion.

Product Insights

In 2021, the bread segment accounted for the largest market share, contributing more than 36.30% of the total. This dominance is attributed to strong demand for low-carb gluten-free bread, rye bread, wheat-free bread, and similar products, due to their associated health benefits. Gluten-free bread caters to the growing need for convenient and quick meals, especially among working individuals. The ability to customize bread to meet specific dietary needs is also expected to boost this segment. Additionally, increasing consumption of gluten-free bread by individuals with celiac disease further supports segment growth.

Distribution Channel Insights

In 2021, the supermarkets and hypermarkets segment led the market, capturing over 34.00% of global revenue. These retail formats offer a wide selection of products and allow consumers to review product details before purchasing, driving segment growth. A robust offline retail infrastructure in countries like the U.S., China, and India has further bolstered sales of gluten-free bakery products through supermarkets and hypermarkets. The broad availability of healthy food products in these retail outlets has fueled overall sales. Moreover, consumers continue to prefer traditional supermarkets for their convenience and extensive product offerings, contributing to this segment’s expansion.

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Regional Insights

North America held the largest market share, contributing over 33.90% of global revenue in 2021, and is expected to maintain its dominance throughout the forecast period. Growth in this region is largely driven by the substantial number of consumers diagnosed with celiac disease. According to a Celiac Disease Foundation survey, approximately 0.6% of the U.S. population is affected by celiac disease. Additionally, strong demand for healthy and nutritious food products in the U.S. and Canada has supported market growth. Increasing interest from millennials and younger consumers in convenient, healthy food options with high nutritional value has further fueled expansion in this region.

Key Market Players

Leading companies in the global gluten-free bakery market include:

  • Amy’s Kitchen
  • Bob’s Red Mill Natural Foods, Inc.
  • Dawn Food Products
  • The Hain Celestial Group
  • Dr. Schar AG
  • Freedom Nutritional Products Ltd.
  • General Mills
  • Conagra Brands
  • Valeo Foods Ltd.
  • WGF Bakery Products
  • Europastry S.A.
  • Kelkin

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U.S. Steel Rebar Market Benefits from Advancements in Reinforcement Technology

The U.S. steel rebar market was valued at USD 6.50 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2025 to 2030. This growth is primarily driven by increased investments in residential development projects across the U.S.

The rising demand for affordable housing has prompted state and local governments to allocate more funds for affordable housing initiatives. For example, in October 2024, the U.S. Department of the Treasury announced USD 246.4 million in funding for the development of affordable housing and community infrastructure aimed at low-income communities and families.

Pricing Trends
Steel rebar prices in the U.S. have experienced notable fluctuations in recent years, influenced by supply chain disruptions, raw material prices, and global demand. In 2021, prices soared to approximately USD 1,000 per ton due to pandemic-related shortages and an uptick in construction activity, a significant jump from the pre-pandemic price of around USD 600 per ton. By mid-2023, prices began to stabilize at around USD 800 per ton, though still above historical norms. The volatility in scrap metal prices, a critical input for rebar, continues to affect market pricing.

Application Insights
The growth of public construction is expected to further drive market expansion during the forecast period. For instance, the value of public construction in the U.S. reached USD 489,772 million in August 2024, up from USD 454,126 million in August 2023, marking a year-on-year increase of 7.8%.

The infrastructure segment is anticipated to witness the fastest revenue growth, with a projected CAGR of 5.6% over the forecast period. Increasing investments by state governments in infrastructure development are expected to propel steel rebar consumption.

The Infrastructure Investment and Jobs Act (IIJA) is also contributing to higher rebar demand, with $110 billion allocated for roads and bridges. Projects such as the Interstate Bridge Replacement and the repair of aging highways are driving the need for steel rebar. Furthermore, new innovations in high-strength and corrosion-resistant rebar are being used in coastal and high-moisture areas, where traditional materials would deteriorate faster, extending the lifespan of infrastructure.

The industrial segment is another important application for steel rebar, particularly in the construction of industrial facilities like processing plants, mining structures, factories, and warehouses. Increased investment in new industrial facilities is expected to boost demand for rebar in the coming years.

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Regional Insights
Northeast U.S. Steel Rebar Market Trends
In the Northeast U.S., the demand for steel rebar is primarily driven by urban infrastructure needs, especially in high-density areas such as New York City and Boston. Ongoing investments in bridge repairs and subway expansions have made this region responsible for approximately 17.7% of the nation’s rebar consumption by volume in 2024. The demand for corrosion-resistant rebar is especially high due to the coastal environment, which accelerates wear in traditional steel applications.

Key U.S. Steel Rebar Company Insights
Prominent companies operating in the U.S. steel rebar market include CMC Steel, Nucor, and Steel Dynamics, Inc.

  • Commercial Metals Company (CMC) is a leading manufacturer and recycler of steel and metal products, headquartered in Irving, Texas. It operates a network of mini-mills, fabrication facilities, and recycling centers across the U.S. and Europe, specializing in rebar, steel wire, and other long steel products.
  • Steel Dynamics, Inc. (SDI) is one of the largest steel manufacturers and metal recyclers in the U.S., with operations in flat-rolled steel, structural steel, and rebar production. SDI is known for its innovative steelmaking processes and integrating recycling into its operations.

Key U.S. Steel Rebar Companies:

  • Acerinox S.A
  • ArcelorMittal
  • CMC Steel
  • EVRAZ U.S., Inc.
  • Gerdau S.A
  • Liberty Steel USA
  • Nucor
  • Outokumpu
  • Schnitzer Steel Industries, Inc.
  • Steel Dynamics, Inc.

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Disposable Gloves Market Fueled by Rising Demand in Pharmaceuticals and Laboratories

The global disposable gloves market was valued at USD 12.71 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 8.5% from 2025 to 2030. Growth in the global disposable gloves industry is anticipated due to multiple factors, including supportive occupational safety regulations, heightened focus on workplace safety, and increased healthcare spending. Developing economies are projected to see significant growth in their healthcare sectors, driven by rising investments in both public and private domains, growing populations, an influx of migrants, and an expanding elderly demographic. Additionally, increased healthcare expenditure is expected to propel the growth of the healthcare industry, consequently boosting the demand for disposable gloves.

Market growth is further supported by the presence of advanced healthcare infrastructure, greater disposable income among patients, and a notable elderly population. Industries such as healthcare, medical, and mining expose workers to hazardous chemicals, which can lead to skin conditions, rashes, cuts, amputations, and contact with bloodborne pathogens. The enforcement of stringent safety regulations is likely to play a key role in expanding market demand.

There is a rising emphasis on the quality of raw materials used in disposable gloves, focusing on attributes such as heat resistance, comfort, elasticity, and lightweight design. This awareness is expected to drive innovation and research efforts among key market players, aiming to improve glove performance and broaden their applications through enhanced product design.

Regional Overview
North America led the global disposable gloves market, accounting for 36.7% of the global share in 2024. This dominance is attributed to increasing hygiene awareness, particularly in healthcare environments in the wake of the COVID-19 pandemic. Additionally, growing demand from the food and manufacturing sectors, coupled with government-mandated personal protective equipment (PPE) requirements, has supported regional market expansion. The preference for high-quality nitrile gloves—known for their strength and chemical resistance—continues to grow in North America. Manufacturers are also ramping up local production to mitigate supply chain disruptions.

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Leading Companies in the Disposable Gloves Industry
Prominent players in the disposable gloves market include Top Glove Corporation Bhd, Hartalega Holdings Berhad, Ansell Ltd, and Kossan Rubber Industries Bhd.

  • Top Glove is a global leader in rubber glove manufacturing, offering latex, nitrile, and vinyl gloves across healthcare, food, and industrial sectors.
  • Hartalega focuses on nitrile glove production and is known for its commitment to innovation and advanced technology, serving both healthcare and laboratory environments.
  • Supermax Corporation Berhad, Kossan Rubber Industries Bhd, and Kimberly-Clark Corporation are also notable participants in the evolving market.
    • Kossan Rubber Industries, based in Malaysia, manufactures a range of rubber products, including gloves for medical and non-medical use, emphasizing quality and innovation.
    • Kimberly-Clark, a multinational company based in the U.S., offers a variety of disposable gloves under its healthcare and industrial brands.

Key Disposable Gloves Companies:
These leading companies shape the direction of the market and hold significant market shares:

  • Ansell Ltd
  • Top Glove Corporation Bhd
  • Hartalega Holdings Berhad
  • Supermax Corporation Berhad
  • Kossan Rubber Industries Bhd
  • Ammex Corporation
  • Kimberly-Clark Corporation
  • Sempermed USA, Inc
  • MCR Safety

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Heart Pump Devices Market Highlights Role of Telemedicine in Monitoring

The global heart pump device market size is expected to reach USD 6.44 billion by 2030, expanding at 13.5% CAGR from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing prevalence of coronary artery disease, ischemic heart disease, and other CVD diseases is anticipated to boost the demand for heart pump devices. For instance, according to data published by British Heart Foundation, in 2022, about 7.6 million individuals in the UK live with heart disease, and each year, around 160,000 people die from CVD and other heart-related conditions in the UK. Moreover, according to WHO data in 2020, coronary heart disease caused 163,905 deaths in Japan, with 121,823 or 11.03% of total deaths were caused due to stroke.

Furthermore, the market is anticipated to grow by increasing support and awareness initiatives for disease awareness. For instance, in January 2022, The School of Medical Research and Technology at IIT Kanpur launched Hridyantra, a challenge-based program. Its objective is to create an advanced artificial heart called a Left Ventricular Assist Device (LVAD) for patients with end-stage heart failure (HF). Hridyantra aims to improve the available treatment options for HF patients. This program is expected to significantly improve the treatment options available for patients with HF, thereby driving market growth.

Order a free sample PDF of the Heart Pump Device Market Intelligence Study, published by Grand View Research.

Heart Pump Device Market Report Highlights

  • Based on type, the implanted heart pump devices segment accounted for the largest revenue share of 68.3% of the market in 2023, due to their ability to assist with pumping blood and serve as a bridge to transplantation or a permanent therapy option for HF patients.
  • Based on product, the ventricular assist devices (VADs) segment accounted for the largest market share in 2023. It is estimated to register the fastest CAGR of 14.8% during the forecast period; owing to the increasing prevalence of HF worldwide, the demand for VADs is anticipated to grow rapidly over the forecast period.
  • Based on end-use, the hospitals segment accounted for the largest revenue share of over 81.4% in 2023, attributed to the high number of surgeries performed in hospitals.
  • North America is expected to dominate the market with over 52.7% revenue share in 2023 due to the high prevalence of heart failure, growing aging population, and robust healthcare system.

Key Heart Pump Device Company Insights

Leading companies in the heart pump devices market are enhancing their offerings and incorporating new technologies to expand their customer reach, secure a greater market share, and diversify their application range. For example, Evaheart, Inc. launched a Lunch-and-Learn program for the Penn State staff in Hershey, Pennsylvania involved in the competence clinical trial. This program facilitates staff to seek clarifications and discuss the prospects of the EVA2 LVAD

List of Key Players in the Heart Pump Devices Market

  • Abbott
  • ABIMOD (Johnson & Johnson Services, Inc.)
  • Getinge AB.
  • LivaNova PLC
  • Berlin Heart
  • Picard Medical, Inc. (SynCardia Systems, LLC)
  • Jarvik Heart
  • BiVACOR Inc.
  • Leviticus Cardio
  • Teleflex Incorporated.

Gather more insights about the market drivers, restrains and growth of the Global Heart Pump Device Market

Men’s Swimwear Market Growth Dynamics: Key Drivers and Restraints

The global men’s Swimwear market size is anticipated to reach USD 7.78 billion by 2030, registering a CAGR of 6.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Major factor contributing to the market growth includes product innovation as a result of rising demand for fashionable sports apparels. For instance, in 2017, McCartney formed a partnership with ISA Spa to increase the portfolio of their men’s swimwear collection and related products, such as boxers, beach bags, briefs, t-shirts, and towels.

Polyester-based swimwear apparels have the highest demand as they possess excellent strength and UV resistant properties. Furthermore, these products have excellent durability as well as quick drying characteristics. Increasing consumer awareness about advanced fabrics is expected to boost the demand for such products, thereby augmenting market growth. Online distribution channel is expected to be the fastest-growing segment channel over the forecast period.

Access the Men’s Swimwear Market Size, Share & Trends Analysis Report By Fabric (Nylon, Polyester, Spandex, Others), By Distribution Channel (Online, Offline), By Region (North America, APAC, Europe), And Segment Forecasts, 2024 – 2030

Rising penetration of e-commerce websites, such as Myntra and Amazon, which offer a wide range of products at discounted prices and Cash-On-Delivery (COD) services is expected to have a positive impact on the segment growth. Asia Pacific led the global market in 2018 and is projected to expand at the highest CAGR from 2019 to 2025. Changing consumer behavior and growing disposable income levels in developing countries, such as China and India, are the key factors driving the regional market.

Men’s Swimwear Market Report Highlights

  • The polyester segment held the largest market revenue share of 35.1% in 2023. Attributing to its durability and resistance to wear and tear.
  • The spandex segment is expected to grow at a significant CAGR over the forecast period. Spandex, known for its superior elasticity and strength, allows for a snug fit that enhances comfort and flexibility during swimming and other water activities.
  • The offline segment dominated the market with the largest market revenue share in 2023. Offline retail offers customers the opportunity to physically touch and try on products, which is necessary for items like swimwear, where fit and comfort are important.
  • The online segment is expected to grow at a significant CAGR during the forecast period.
  • Asia Pacific held the largest market revenue share of 43.44% in 2023. Changing lifestyles and increasing disposable incomes have increased participation in leisure activities such as swimming and beach vacations.
  • Latin America is anticipated to witness the fastest growth over the forecast period. Latin America’s growing trend towards health and fitness has increased participation in water sports and recreational activities such as swimming and beach-going.

Order your free sample copy of “Men’s Swimwear Market Report 2024 – 2030, published by Grand View Research

Key Men’s Swimwear Company Insights

Some of the key companies in the global men’s swimwear market include Jack Wills; Mr Porter; Male-HQ; Calvin Klein; Topman

  • Jack Wills provides an eco-friendly mid length swim shorts for men made form more than 95% of recycled polyester featured with an elasticated west band with drawstring for an adjustable fit. It is made from made from sustainably sourced recycled plastic bottle.
  • Mr Porter with its range of men’s swimwear Orlebar Brown, Vilebrequin, and Polo Ralph Lauren gives a wide range of swimwear which protects from UV radiation and comes in a smarter style and is also available in a printed design options.

Key Men’s Swimwear Companies:

The following are the leading companies in the men’s swimwear market. These companies collectively hold the largest market share and dictate industry trends.

  • Jack Wills
  • MR.G’S Designs
  • Male-HQ
  • Mr Porter
  • Marcuse
  • Calvin Klein
  • Topman
  • Helly Hansen
  • Everlane
  • Faherty Brand

Recent Developments

  • In November 2022, Puma Private Equity completed over USD 2 million follow-on investment into Ron Dorff, a premium bodywear brand, in 2020. This investment follows a previous USD 4 million investment in 2020, supporting Ron Dorff’s expansion plans, particularly in the U.S. market. The brand has grown significantly since its inception, with a strong online presence in menswear like swimwear & underwear and a network of global high-end wholesale partners.

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Email: sales@grandviewresearch.com

Phone:-1-415-349-0058

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