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Most recently published stories in Futurism.
Saudi Arabia Oxygen Concentrator Market: Home Healthcare Demand, Respiratory Care & Growth Outlook. AI-Generated.
The healthcare sector in Saudi Arabia is undergoing major shifts, and with that comes growing attention on respiratory care solutions. Oxygen concentrators – devices that extract and concentrate oxygen from ambient air for medical use – are becoming more essential as the Kingdom tackles rising chronic respiratory conditions, an expanding elderly population, and the modernization of healthcare infrastructure under Vision 2030. According to IMARC Group's latest data, the Saudi Arabia oxygen concentrator market size reached USD 33.1 Million in 2025. Looking forward, IMARC Group expects the market to reach USD 52.0 Million by 2034, exhibiting a growth rate (CAGR) of 5.15% during 2026-2034.
By Shubham Sharma 6 days ago in Futurism
Australia Athletic Footwear Market: Performance Demand, Consumer Trends & Retail Innovation. AI-Generated.
According to IMARC Group, the Australia athletic footwear market reached a value of USD 1.6 Billion in 2025 and is projected to grow to USD 2.7 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 6.13% during 2026–2034. This steady expansion reflects the increasing integration of fitness culture, lifestyle fashion and sustainability priorities across Australia. Athletic footwear is no longer confined to sports performance—it has become a central component of everyday fashion, wellness routines and urban mobility. As consumers prioritize comfort, durability and environmental responsibility, brands are responding with performance-driven designs, eco-conscious materials and digitally enhanced retail strategies.
By Kevin Cooper6 days ago in Futurism
Australia Superconducting Magnetic Energy Storage Market: Grid Stability, Renewable Integration & Technology Advancement. AI-Generated.
According to IMARC Group, the Australia superconducting magnetic energy storage (SMES) market was valued at USD 1.97 Billion in 2025 and is projected to reach USD 4.61 Billion by 2034, growing at a compound annual growth rate (CAGR) of 9.89% during 2026–2034. This strong growth reflects the increasing need for advanced grid stabilization technologies as renewable penetration accelerates across Australia. Unlike conventional battery systems, SMES technology stores energy in the magnetic field created by the flow of direct current in a superconducting coil, enabling near-instantaneous response times and high efficiency. As Australia modernizes its energy infrastructure and integrates intermittent renewable sources, SMES is emerging as a high-performance solution for frequency regulation, voltage support and grid reliability.
By Kevin Cooper6 days ago in Futurism
Australia Beauty Products Market: Consumer Preferences, Product Innovation & Retail Expansion. AI-Generated.
According to IMARC Group, the Australia beauty products market reached a value of USD 15.5 Billion in 2025 and is projected to grow to USD 22.1 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 4.07% during 2026–2034. This steady expansion reflects the continued evolution of personal care and cosmetics consumption across Australia. Beauty products—including skincare, haircare, cosmetics and fragrances—are increasingly shaped by consumer demand for sustainability, functional efficacy and premium positioning. As brands adapt to environmental concerns, anti-aging priorities and digital retail transformation, the beauty market is becoming more innovation-driven and value-focused.
By Kevin Cooper6 days ago in Futurism
Saudi Arabia Plasma Fractionation Market: Rising Immunoglobulin Demand, Biologics Expansion & Growth Outlook. AI-Generated.
The healthcare sector in Saudi Arabia is seeing significant momentum in specialized medical treatments, with rising demand for advanced therapeutic solutions across multiple patient segments. Better access to diagnostic services, increasing healthcare spending, and stronger government support are all driving this forward. According to IMARC Group's latest data, The Saudi Arabia plasma fractionation market size reached USD 349.6 Million in 2025. Looking forward, IMARC Group expects the market to reach USD 733.6 Million by 2034, exhibiting a growth rate (CAGR) of 8.59% during 2026-2034.
By Shubham Sharma 6 days ago in Futurism
Australia Convenience Food Market: Consumer Lifestyles, Retail Expansion & Product Innovation. AI-Generated.
According to IMARC Group, the Australia convenience food market reached a value of USD 15.2 Billion in 2025 and is projected to grow to USD 26.9 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 6.50% during 2026–2034. This strong expansion reflects the transformation of food consumption patterns across Australia, where time efficiency and flexibility increasingly shape purchasing behavior. Convenience food—including ready-to-eat meals, frozen items, packaged snacks and quick-preparation products—has evolved from occasional use to a daily dietary component. As urbanization accelerates and lifestyles become more fast-paced, convenience foods are becoming integral to modern eating habits, supported by retail innovation and product development.
By Kevin Cooper6 days ago in Futurism
