Orion Market Research Pvt. Ltd. info@omrglobal.com +91 780-304-0404

Advancement in technologies enables to create modern day world led by introduction of new smart gadgets that have optimized business operations and eased lives. New technologies and development has significantly contributed in shaping modern day businesses and day to day activities through innovation, contentedness and R&D. Recent advance technology in domains such as automotive, healthcare, chemical and ICT have simplified complex business processes and enhanced time and cost efficiency.

Latest Press Releases
Growing Geriatric Population is Propelling the Long Term Care Market
Published: Jan 2025
The long-term care market is projected to grow at a CAGR of 7.2% during the forecast period (2024-2031). The market growth is driven by the growing older population in developed countries coupled with the increasing shortage of physicians and caregivers in these regions. The increasing technological advancements, and changes in public policy, behavior, and economics, are additionally contributing to the market growth during the forecast period. The long-term care market is segmented by service type (medical services (in-house therapy, skilled nursing, and others) and assisted living services), by point of care (homecare and hospitals (rehabilitation centers)), and geography (North America, Europe, Asia-Pacific, and the Rest of the World).
Increasing Fitness Awareness is Bolstering the Asia-Pacific Smart Home Gym Equipment Market
Published: Jan 2025
Asia-Pacific smart home gym equipment market is anticipated to grow at a CAGR of 12.3% during the forecast period (2024-2031). The market growth is driven by the increasing incidences of chronic, and lifestyle-induced diseases such as obesity, CVD, and diabetes. Additionally, the increasing awareness of people to remain fit is contributing to market growth during the forecast period. The increasing affinity of young and adult people to attain toned bodies is contributing to market growth.  The increasing traffic congestion, and limited time availability are additional factors driving the market growth. The Asia-Pacific smart home gym equipment market is segmented by product type (treadmills, cycling machines, rowing machines, and others), and by distribution channel (online and offline). 
Increasing Incidence of Anemia is driving the Folic Acid Market
Published: Jan 2025
The global folic acid market is estimated to grow at a CAGR of nearly 4.5% during the forecast period (2024-2031). The market growth is driven by the significant prevalence of anemia and emerging applications in pharmaceuticals and dietary supplements. Additionally, the emerging focus on folic acid in cosmetics is presenting considerable opportunities for market growth during the forecast period. The global folic acid market is segmented by form (tablets, capsules, soft gels, powder, and others), by application (dietary supplements, pharmaceuticals, food and beverages, and others), and geography (North America, Europe, Asia-Pacific, and the Rest of the World). 
Current Dynamics of the Blockchain Identity Management Market
Published: Jan 2025
The blockchain identity management market is anticipated to grow at a CAGR of 71% during the forecast period (2024-2031). The market growth is driven by the rise in the need to establish transaction transparency between parties.  Moreover, blockchain assures the safety and authenticity of the user’s data along with its cryptographic security, which is contributing to market growth during the forecast period. Furthermore, the rise in e-commerce is propelling the market. However, a lack of awareness regarding blockchain technology is anticipated to hamper the market growth. Additionally, an increase in demand for scalability and transaction speed, and rising government initiatives for the development of blockchain technology, especially in developed countries are presenting significant opportunities for market growth. 
Government Initiatives and Market Player’s Contribution is Propelling the UK Cloud Infrastructure Services Market
Published: Jan 2025
The UK cloud infrastructure services market is anticipated to grow at a CAGR of 10.8% during the forecast period (2024-2031). The market growth is driven by the well-developed economy, established base of business customers, and the lack of infrastructural hurdles. Additionally, the increasing adoption of cloud services is contributing to the market growth during the forecast period. The UK cloud infrastructure services market is segmented by deployment model (public cloud, private cloud, and hybrid cloud) by end-users (BFSI, IT and telecommunication, healthcare, government & defense, retail, and others).
New Product Launches are driving the Immunoassay Market
Published: Jan 2025
The global immunoassay market is anticipated to grow at a CAGR of 6.08% during the forecast period (2024-2031). The market growth is driven by the growing number of diseases. The market is segmented by product (analyzer and consumable), technology (radioimmunoassay, counting immunoassay, enzyme immunoassays, fluoroimmunoassay, and chemiluminescence immunoassay), and geography (North America, Europe, Asia-Pacific, and the Rest of the World). 
Increasing Per Capita Income is contributing to the Growth of the Textile Market
Published: Jan 2025
The global textile market is projected to grow at a CAGR of 4.8% during the forecast period (2024-2031). The market growth is driven by favorable demographics, increasing per capita income, and a shift in preference toward branded products. Furthermore, advantageous trade policies are contributing to the market growth during the forecast period.  The availability of raw materials such as cotton, wool, silk, jute, and advanced technology fabrics (such as moisture-wicking fabric) is boosting the market growth. Developing countries such as India are playing a pivotal role in the overall textile industry.  Indian textile industry has a robust production base for various fibers and yarns.
Increasing Adoption of Helicopters by Different Sectors is driving Market Growth
Published: Jan 2025
The global helicopter market is anticipated to grow at a CAGR of 4.8% during the forecast period (2024-2031). The market growth is driven by the continuous procurements of helicopters by the military globally. Moreover, increasing commercial usage of the helicopter such as for emergency medical services, taxi services, and personal usage is considerably contributing to the market growth during the forecast period. Additionally, the increasing need for faster solutions in urban transportation, traffic congestion increased investments by private and public organizations for the development of advanced transportation systems, and the rising number of urban mobility projects augment the helicopter market.  
Increasing Consciousness about Preventive Care is Propelling the Global Adult Vitamin Gummies Market
Published: Jan 2025
The global adult vitamin gummies market is anticipated to grow at a significant CAGR of 8.9% during the forecast period (2024-2031). The market growth is primarily driven by the increasing nutritional deficiency in adults owing to the irregular diet patterns with hectic work schedules among working-class adults. Additionally, the rising awareness about preventive care, increasing consumer demand for gummy vitamins, and rising cases of undernourishment and malnutrition in emerging countries are contributing to the market growth during the forecast period. However, risks related to side effects due to the over-consumption of gummy vitamins can restrain the market growth during the forecast period.  
Increasing Concerns of Air Pollution is propelling the Wearable Air Purifier Market
Published: Jan 2025
The global wearable air purifier market is anticipated to grow at a CAGR of 12% during the forecast period (2024-2031). The market growth is driven by the increasing cases of airborne diseases, increasing pollution, and multiple incidences of wildfires. The global wearable air purifier market is segmented by type (neck hung and mask), by technology (High-efficiency Particulate Air (HEPA) and air ionizer), and by geography (North America, Europe, Asia-Pacific, and the Rest of the World).