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
Rising Integration of Various Technologies and Growing Digitalization Will Drive the Growth of the Automatic Pill Dispenser Market
Published: Apr 2022
The global automatic pill dispenser market is anticipated to grow at a considerable CAGR of 8% during the forecast period (2022-2028). As with many things these days, pill dispensers are going digital and coming with artificial intelligence (AI) integration. With ongoing technological advancements to serve people demand with capabilities like touch screen, voice assistant, facial recognition is expected to support industry growth as well as market growth for automatic pill dispenser market. An automatic pill dispenser that offers audible and visual reminders and comes with android or iOS app connectivity helps to connect caregivers with older people who live alone. 
The Various launches by Players & Numerous Benefits of Medical Consultation through Online Medium is Supporting the Global Healthcare E-Commerce Market over the Forecast.
Published: Apr 2022
The global healthcare e-commerce market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2022-2028). To get instant medical advice, medical consultation through an online medium is the ideal and fastest option, supporting the healthcare e-commerce market. The rising penetration of medical consultation through e-commerce is driving the growth of the market. According to Prashanth hospitals, there are various benefits of online medical consultation such as prompt medical attention, can get a second opinion from another doctor, access to specialists, cost-effective and time-saving. The various launches by companies providing free medical consultation are further acting as a driver in the market growth. 
Increasing use of smartphones, tablets, and other mobile platforms along with High Internet Penetration is Fueling the Growth of the Global Digital Health Market
Published: Apr 2022
The global digital health market is anticipated to grow at a considerable CAGR of 16.6 % during the forecast period (2022-2028). The increasing adoption of smartphones and other devices is propelling the growth of the digital health market. For instance, according to the Pew Research Center, The share of Americans that own a smartphone is 85% in 2021, up from just 35% in Pew Research Center’s first survey of smartphone ownership conducted in 2011. Moreover, the rise in average time spent by consumers on smartphones is another factor propelling the growth of the market over the forecast.
Increasing Acceptance of Recycled Plastic in Several Industries Coupled with Its Rising Demand to Drive the Global Recycled Plastics Market.
Published: Apr 2022
The global recycled plastics market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The major factor driving the growth of the global recycled plastics market during the forecast period is the increasing acceptance of recycled plastic in several industries globally. Recycled plastic has various applications in the food & beverages industry such as being used to make bottles, containers, cups, among others. Additionally, it is also used in textile industries to make sheets, fibers and strappings, among others. 
Increasing government initiatives towards reducing plastic waste is encouraging the adoption of alternatives to plastic products among consumers
Published: Apr 2022
The global bamboo toothbrush market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period (2022-2028). The governments of different countries are encouraging the adoption of sustainable products and implementing rules and regulations to reduce plastic waste is a major factor contributing to the growth of global bamboo toothbrush market. Government initiatives to decrease the usage of plastic are encouraging consumers to switch to biodegradable bamboo toothbrushes from Plastic toothbrushes and prompting the manufactures to develop innovative bio-based products. For instance, according to Earth.
Companies have Launched their Software for the Global Physical Security Market which is Expected to Boost the Market
Published: Apr 2022
The global physical security market is anticipated to grow at a considerable CAGR of 6.2% during the forecast period (2022-2028). The global physical security market is expected to grow during the forecast period due to the growing incidence of terror attacks, technological advancements, and an increase in the demand for such services in smart cities. However, privacy concerns and lack of physical & logical security integration are expected to hinder the market growth during the forecast period. Moreover, many companies are launching their software for the physical security market which indirectly grows the market. Some of the software launched by the company is
Development of In-House Electric Motors and Various Government initiatives for Electric Vehicles, Boost the Market Growth
Published: Apr 2022
Global electric motors for electric vehicle market is anticipated to grow at a significant CAGR of 21.7% during the forecast period. The major factors driving the growth of the market are the rising sales of electric vehicles owing to the enactment of stringent emission and fuel economy norms, government incentives, and improving charging infrastructure. For instance, in January 2023, a report published by Atlas EV Hub stated that roughly $860 billion has been raised to build out electric vehicle manufacturing and charging infrastructure globally. 
Increasing Prevalence of Hepatitis B Infections Coupled with Innovation drugs, Heating the Global Hepatitis B Virus Market
Published: Apr 2022
The global hepatitis B virus market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period (2022-2028). The global hepatitis B virus market is likely to be driven by limited access to hepatitis B treatment and diagnostics in many resource-constrained settings, and the rising prevalence of hepatitis B infections, during the forecast period. As per the information provided by Hepatitis B Foundation approximately 1.5 million people become newly infected each year with this virus. 
Companies collaborating to launch blockchain IoT are Expected to grow the Global Blockchain IoT Market.
Published: Apr 2022
The global blockchain IoT market is anticipated to grow at a considerable CAGR of 49.2% during the forecast period (2022-2028). Companies operating in blockchain IoT would exploit the flexible economic conditions, industrialization-motivated policies, political transformation, and the growing digitalization, which is expected to have a significant impact on the business community and drive the blockchain IoT market. Furthermore, many companies are collaborating to launch blockchain IoT. Some of the collaboration to launch blockchain is listed below.
Increasing Demand for Supplements and Vitamins Globally is Expected to Propel the Growth of the Halal and Kosher Empty Capsules Market
Published: Apr 2022
The global halal and kosher empty capsules market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period (2022-2028). The increasing demand for vitamins and supplements globally is acting as one of the prime factors that have been contributing to the market growth as the adequate requirement is not been fulfilled through the regular diet. Additionally, the demand for vitamins and supplements is also increasing through the effective utilization by people doing physical fitness for the purpose of completing their quota of vitamins and other supplements.