The Insight Partners - Industry Expert Blog

Shunt, the surgical insertion of a drainage system is the most common remedy for hydrocephalus. It drains extra cerebrospinal fluid from the brain to another part of the body such as the abdomen, where it can be more easily absorbed. It consists of a long and flexible tube with a valve that keeps fluid from the brain flowing in the right approach and at the proper rate. Market leaders operating in the market have undertaken various organic growth strategies in the hydrocephalus shunts market . The US hydrocephalus shunts market majorly consists of the players including B. Braun SE, Sophysa SA, Integra LifeSciences Holdings Corp, KANEKA MEDIX CORP, Medtronic Plc; Natus Medical Inc, Anuncia Inc, and Desu Medical among others. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have utilized organic strategies such as launches, expansion, and product approvals. Moreov...

The growth of the education sector has triggered a significant surge in the global demand for pens. This expansion is attributed primarily to the increasing emphasis on literacy and education, particularly in developing countries. As more students enroll in schools and universities, the need for pens as essential writing instruments has grown exponentially. This rise in demand has led to a more significant requirement for affordable, reliable, and easily accessible writing tools, further fueling the demand for pens worldwide. In addition to traditional academic pursuits, the education sector has diversified into vocational and professional training programs. Students pursuing specialized courses in art, design, engineering, and architecture require specialized pens to meet their needs. Fine-tip pens for precise drawings, technical pens for architectural drafting, and other specialized writing instruments have become essential tools for these students. Consequently, this diversification...

The container chassis market is generally used by intermodal equipment providers (IEP), shipping lines, and motor carriers, which involves regional and local movement of containers by trucks. Chassis is used for moving containers from loading areas to the yard, as well as to yard storage areas, at terminals. The chassis systems are strong and sturdy and protect containers from the impact of sharp and sudden movements when in transit, thereby ensuring efficient and safe transportation. Regulatory bodies and regulations such as the Federal Motor Carrier Safety Administration (FMCSA), Container Safety Certificate (CSC), and the International Organization for Standardization (ISO) have a strong influence on the manufacturing and sale of container chassis. In February 2021, the Federal Motor Carrier Safety Administration (FMCSA) enforced its Intermodal Chassis rule that requires intermodal equipment providers (IEPs), motor carriers, and drivers to share responsibility for the safety of int...

The North American automotive industry is a major component driving economic growth. According to the Centre for Automotive Research Organization, the automotive industry's total size in the global economy was around US$ 2.8 trillion in 2022, accounting for 3% of the global economic GDP. The automotive industry in North America generates more than US$ 500 billion in annual sales of vehicles. It employs more than 1.7 million people in the US, as per the National Automobile Dealers Association (NADA) report in 2022. As per the same source, the automotive ecosystem (including direct, indirect, and induced value added) annually generates more than US$ 1 trillion in the US, i.e., 4.9% of the US GDP. Automotive gears help regulate the rotational speed and power by transferring the energy produced by the engine to the wheels safely and efficiently. Typically, gears have several teeth that are in contact with other gears. In various transmission systems, several arrangements of gear of var...

  Neurostimulation devices attach electrodes to the brain, spinal cord, or peripheral nerves. Each device can collect and store data over time, and the nature of this data reflects the different therapeutic strategies used. Neuromodulation uses electrical or magnetic pulsations to influence or stimulate the central or peripheral pain pathways. This procedure aims to control the pain systems to minimize pain levels. Neurostimulation devices can be used safely and effectively to treat drug-resistant epilepsy. Rapid advances in neurostimulation technology relieve the patients affected by neurological and psychiatric disorders. Neurostimulation therapies include invasive and noninvasive approaches in which electrical stimulation drives neuronal function within a circuit. The growing incidences of neurological diseases and increasing cases of spinal cord injury are driving the neurostimulation devices market size. However, the lack of expert professionals hinders the neurostimulation de...

Low-speed electric vehicles are powered by electric motor, which draws electricity from batteries. Low-speed electric vehicles are mainly categorized into passenger vehicles and utility vehicles. The growing environmental concern and rising pollution levels are boosting the demand for sustainable and eco-friendly options in the transportation sector. The transportation sector is one of the major contributors to overall environmental pollution; thus, the growing utilization of electric vehicles is anticipated to reduce a substantial portion of carbon emissions in the air in the coming years. The growing focus on mitigating carbon emissions and attaining low to zero carbon emission targets in several countries also boosts the demand for Low-speed electric vehicles in different end users such as residential and commercial premises, airports, hotels and resorts, and golf courses. The growing government support towards electric vehicle charging infrastructure, battery swapping stations, and...

Hydrogen fuel cell trains primarily depend on fuel cells to transform hydrogen into electricity. Hydrogen fuel cell utilizes the chemical energy of hydrogen to generate electricity. The process comprises an electrochemical reaction between oxygen and hydrogen, producing water as waste products. The transportation sector contributes a fair share in polluting the environment by utilizing fossil fuels, which increases the carbon footprint and boosts air pollution. Fuel cell trains are anticipated to play a significant role in transitioning to a zero-emission economy. Hydrogen-powered trains are projected to benefit the rail industry as a high-performing, zero-emission alternative to fossil fuels like diesel. Governments of different countries are working toward mitigating carbon emissions in the railway sector, boosting the demand for hydrogen fuel cell trains worldwide. The growing focus on sustainable and environment-friendly alternatives to mitigate environmental pollution is boosting ...

The growing demand for AI-based equipment and tools is significantly impacting the redistribution layer material market . The quest for more advanced AI capabilities necessitates the development of more compact and densely integrated hardware components. Redistribution layer (RDL) materials are fundamental in enabling the miniaturization of semiconductor packages, which is essential to accommodate the increasing complexity of AI devices. As AI systems become more sophisticated, the demand for smaller and more efficient components grows. In addition, AI applications are known for their voracious appetite for high-performance computing, which inherently generates substantial heat. Efficient thermal management is paramount to ensure the reliability and longevity of AI hardware. A few players operating in the global redistribution layer material market are SK Hynix Inc, Samsung Electronics Co Ltd, Infineon Technologies AG, Dupont De Nemours Inc, Fujifilm Holdings Corp, Amkor Technology Inc...

Reclamation sand is a sustainable alternative to natural sand. It is produced by cleaning and reprocessing used sand, such as foundry sand, construction sand, and glassmaking sand. This process removes impurities and restores the sand to its original properties, making it suitable for reuse in a variety of applications. The demand for reclamation sand is increasing rapidly, driven by a number of factors, such as the rising cost of natural sand, environmental concerns, government regulations, etc. Natural sand is considered a finite resource, and the extraction of sand from rivers and beaches has resulted in severe environmental damage. Governments and environmental agencies have imposed strict regulations on the extraction of natural sand, leading to a shortage of supply. As a result, the demand for reclamation sand has increased significantly. Reclamation sand is made from recycled materials such as crushed concrete, glass, and ceramics, which reduces the need for natural sand extract...

The molded foam market has witnessed significant growth in recent years, driven by various factors such as increasing demand from industries like automotive, packaging, and furniture. Molded foam refers to a versatile material that is produced by injecting liquid foam into a mold and allowing it to solidify. This process results in the formation of foam products with specific shapes and sizes, offering excellent cushioning and insulation properties. One of the key drivers of the molded foam market is the growing automotive industry. Molded foam is extensively used in automotive seating, providing comfort and support to drivers and passengers. With the rising demand for luxurious and comfortable vehicles, the demand for molded foam in the automotive sector is expected to escalate further. Additionally, molded foam is also used in various automotive components such as headrests, armrests, and interior trims, further contributing to the market's growth. Another significant factor dri...

Composite rollers are made from advanced materials such as carbon fiber, fiberglass, and Kevlar, which offer high strength-to-weight ratios and resistance to corrosion, abrasion, and impact. They are widely used in conveyor systems, printing machines, laminating machines, and other industrial applications to ensure efficient material handling and transportation systems. Composite rollers are utilized in several industries, such as printing, textile, mining, and paper & pulp. The constant evolution, mainly in the case of industrial machinery, is correlated to easy handling, lower consumption of energy, and lightweight. Such a scenario further opens new prospects for the utilization of composite materials throughout many industrial sectors. Composite rollers find applications in specific areas in mines, such as small and large machinery; hence, the rising mining and exploration activities are expected to boost the demand for these rollers, thereby boosting the composite rollers marke...

Industrial livestock production has undergone a significant transformation, increasing demand for meat-based products and dairy products. Livestock products account for 16% of energy and 34% of the protein in human diets. Livestock production also accounts for ~19% of the value of food production and 30% of the global value of agriculture. The demand for livestock products is driven by changing lifestyles and food preferences, increasing urbanization, growing income, and the rapidly rising world population. With burgeoning livestock demand, the consumption of protein-rich meat products is surging. According to the Food and Agriculture Organization (FAO), worldwide meat protein consumption is predicted to increase by 14% by 2030.  Additionally, world milk production is expected to rise by 1.6% annually between 2020 and 2029 and reach 997 million metric tons in 2029, according to a report by the Organization for Economic Co-operation and Development (OECD) and FAO. Thus, the increasi...

Rolling stock refers to railway vehicles that include both powered and unpowered vehicles. It is referred to any railway vehicle that can move on the rail tracks. The rolling stock’s maintenance, information tracking, and management are the key features of the rolling stock management system. It maintains the information regarding the running as well as breakdown and inspection records of the rolling stocks. It also stores the records of the rolling stock from its manufacturing to the information regarding its main fittings. The management of the history log of the rolling stock helps the workers, during its inspection and breakdown, to efficiently manage their work. In addition, this system helps to collectively connect this information to traffic management systems, material and accounting systems, transportation plans, etc. Therefore, the rolling stock management system is necessary to determine the optimal performance of the rolling stocks and the railway industry. Moreover, the ri...

In recent times, rising beauty awareness and increasing fashion trends among women are driving the demand for haircare appliances such as electric hair brushes, hair straighteners, and hair rollers. Owing to improving standard of living, and the positive effects of personal care on self-esteem and social interaction, consumers are gradually shifting toward premium self-grooming products. Hair styling and grooming have become a part of everyone’s lifestyle for health and social reasons. The increasing influence of beauty industry trends on women to maintain their overall appearance is boosting the demand for electric hair care products. Furthermore, the growing awareness among women about the benefits of electric hair care appliances, such as enhanced efficiency, better convenience, and faster speed over conventional hair care appliances, is propelling the market growth. Moreover, the growing concern about physical appearance while going out socially for jobs and other places boosts the...

Cut flowers are used for decorative purposes. They are used in vase arrangements and bouquets at formal events and informal displays to beautify homes and public places, designs for weddings and funerals, corsages, wreaths, similar ornamental articles, and boutonnieres. The event and wedding planners use various flowers for decoration, bouquets, and centerpieces, creating creative event space. According to the Knot Real Wedding Study, the average investment cost in wedding flowers was US$ 2,400 in 2022. In addition, the surging demand for exotic and seasonal flowers for floral decoration to enhance space aesthetics by event and wedding planners has further contributed to the market growth. Beautiful flowers, with respect to people's common perception, are often in more demand. Flowers such as roses, orchids, lilies, marigolds, and carnations have high demand during the festive season. The Asian countries use flowers for decoration. Companies such as Karen Roses and Multiflora provi...

Chillers provide cooling in residential, industrial, and commercial places. Chillers provides air conditioning in buildings with the use of chilled water. Rooftop chillers usually are air-cooled whereas basement chillers are water-cooled. The rising humidity concerns in both developed and developing countries, and surging demand for air conditioning systems for safety and comfort are boosting developments in the Chiller market across the world. HVAC chillers are widely used across industries such as pharmaceuticals, electronics & semiconductors, aerospace & defense, food & beverages, cold storage, turbine, and leather. Thus, increased preference for district cooling systems in industries and high-rise buildings is a major factor boosting the Chillers market growth. Moreover, rising adoption of HVAC chillers in commercial spaces and residential sector, growing disposable income and rapid pace of urbanization, and continuous proliferation of tourism industries in different re...

The tow bar is used for towing a broken-down vehicle while ensuring balance to avoid skid. The growing disposable income of various developing countries, together with a high demand for adventure and the use of caravans and motorhomes, has resulted in a high demand for automotive tow bars. Several caravan users are choosing tow bars for towing caravans; there are various types of tow bars available in the market to carry a wide variety of accessories; it is highly popular in the UK. The demand for automotive tow bars is likely to surge owing to the increasing trend for towable recreational vehicles. The electric tow bars are anticipated to grow at a moderate pace during the forecast period due to a growing preference for Sports Utility Vehicles (SUV) and off-road vehicles. As these are operated by a switch, the popularity of electric tow bars is surging at a significant pace. With growing investments to set up factories and expand production houses of automobiles, the demand for passen...

The growth of renewable energy sources, particularly wind power, substantially impacts the wind anemometer market. According to the International Energy Agency (IEA), in 2022, renewable energy supply from wind, solar, hydro, geothermal, and ocean increased by close to 8%, and the share of these technologies in the total global energy supply increased by approximately 0.4%, reaching 5.5%. Also, the amount of electricity generated by wind increased by 265 TWh (an increase of 14%), the second-largest growth of all power generation technologies. Wind remained the leading renewable technology, generating over 2100 TWh in 2022. Governments of various countries are taking initiatives to increase wind farms, including wind power. For instance, in May 2023, ITOCHU Corporation announced that ITOCHU and Hitachi Zosen Corporation have begun preparations for the development and operation of an onshore wind farm in an area facing the Pacific Ocean in Rokkasho Village, Kamikita District, Aomori Prefe...

The growth of vital signs monitoring devices market is attributed to the driving factors, such as the increasing number of product launches and approvals and rise in need for remote patient monitoring. Whereas product recalls by companies and regulatory authorities is hindering the market growth. The growing digitalization enables the growth of the vital signs monitoring devices market . The growth is attributed to government support enhancing digitalization in the healthcare system and offering growth opportunities for market growth. In addition, international organizations are enhancing digital health worldwide by providing opportunities for using digital vital sign monitoring devices. For instance, the WHO is emphasizing and harnessing the power of digital technologies. Thus, innovations in the medical device industry are accelerating and achieving global health attainment and well-being. Likewise, economically, digital vital signs monitoring devices allow cost-effective diagnosis f...

Veterinary diagnostics are critical for animal health, identifying health issues that they are otherwise able to detect and supportive faster diagnosis and treatment planning. Traditional diagnosis analyzes blood, tissues, urine, or stool to detect proteins, antibodies, disease presence, or general indicators of overall health. These analyses are a cornerstone of veterinary care. Market leaders operating in the market have undertaken various organic growth strategies in the neurotoxins market. The veterinary diagnostics market majorly consists of the players Thermo Fisher Scientific Inc, Idexx Laboratories Inc, Zoetis Inc, Heska Corp, Neogen Corp, Randox Laboratories Ltd, Virbac SA, INDICAL BIOSCIENCE GmbH, FUJIFILM Holdings Corp, and Merck Animal Health. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have utilized organic strategies such as launches, expansi...

Pedicle screws are used sometimes in a spinal fusion to add extra support and strength to the fusion while it heals. Pedicle screws are placed above and below the vertebrae that were fused. A rod is used to connect the screws which prevents movement and allows the bone graft to heal. After the fusion is completely healed, the screws and rods can be removed. Removal isn't necessary unless they cause the patient discomfort. The Pedicle screws market comprises top players such as Zimmer Biomet, Johnson & Johnson (Depuy Synthes), Globus Medical, Inc., B. Braun Melsungen AG, Orthofix International N.V., Stryker, Medtronic PLC, RTI Surgical, Inc and NuVasive. The companies listed above are implementing various strategies that have resulted in the company's growth and, in turn, have brought about various changes in the worldwide market. Additionally, the companies have adopted several inorganic and organic strategies for accelerating their growth and improving their market positi...

A hearing aid is a small electronic device that makes sounds louder and clear so that a person with hearing loss can listen, communicate, and participate in daily activities. The hearing aid helps in the restoration of hearing among deaf, hard to hear or geriatric population. A hearing aid can be prescribed by a physician after a health examination, or it can be bought over the counter for mild to moderate hearing loss. Market leaders operating in the hearing aids market have undertaken various organic growth strategies in the hearing aids market. The hearing aids market mainly consists of players. Starkey Laboratories Inc., Audina Hearing Instruments Inc., SeboTek Hearing Systems LLC, Earlens Corp, GN Store Nord AS, Cochlear Ltd, Amplifon Hearing Health Care Corp, WS Audiology AS, Sonova Holding AG, and Sonic Innovations Inc. The companies have been implementing various strategies that have helped the growth of the company and in turn, have brought about various changes in the market...

An emergency department information system is an expanded electronic health record (EHR) system created specially to handle data and streamline procedures in support of emergency department patient care and operations. The ambulatory and inpatient environments are very dissimilar from the emergency department environment. Emergency care settings are episodic and typically more complex than ambulatory and inpatient settings, which prioritize longitudinal treatment. Patients frequently need quick medical attention and urgent care when they visit the emergency department. Market leaders operating in the market have undertaken various organic growth strategies in the US emergency department information system market . The emergency department information system market majorly consists of the players Veradigm LLC, eHealth-Tec, Epic Systems Corp, Medical Information Technology, Inc, Q-nomy Inc, Picis, Vital, MEDHOST, Oracle Corp, and Medsphere Systems Corporation. The companies have been imp...

The time-tracking software helps businesses allocate employee time and resources more effectively by understanding where time is spent and where improvements can be made. It allows employers to monitor employee productivity, identify bottlenecks, and optimize workflows to enhance efficiency. Integrating time tracking with project management tools enables better project planning, budgeting, and tracking of billable hours, leading to more accurate project delivery. It facilitates accurate client billing by tracking billable hours, reducing disputes, and ensuring fair compensation. Also, it streamlines payroll processing by automatically calculating worked hours, overtime, and leave accruals, reducing payroll errors, and saving time, and supports the management of remote and distributed teams by providing insights into remote employees activities and work hours. Moreover, cloud-based time-tracking solutions are becoming more popular due to their accessibility, easy scalability, and automa...

Surgical navigation systems allow surgeons to precisely track instrument position and assist while performing surgeries. A surgical navigation system comprises a computer workstation and a hardware setup for tracking the position of instruments. Market leaders operating in the surgical navigation systems market have undertaken various organic growth strategies in the neurotoxins market. The surgical navigation systems market majorly consists of the players B. Braun SE; DePuy Synthes Inc; Medtronic Plc; Siemens Healthineers AG; Stryker Corp; Zimmer Biomet Holdings Inc; Brainlab AG; CASCINATION; HEMOSTASIS, LLC; and Corin Group. The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have utilized organic strategies such as launches, expansion, and product approvals.  Below is the list of inorganic growth strategies done by the players operating in the surgical nav...

Real time production monitoring is a solution that helps to monitor the production process. It records all the information regarding the production performance in real time. The monitoring systems gather production data from several production line sources for the manufacturer or the operators on the production line. The accumulated data collected is then utilized to improve the production line efficiencies by gaining insights regarding the steps required to take for efficient production workflow. Several manufacturing businesses adopt these solutions under the industry verticals, such as automotive, chemicals, oil & gas, machinery, and food & beverage. Digitalization in the manufacturing sector leads to the adoption of several technologies by the manufacturers as it helps to manage the production process efficiently. In addition, the rising focus on the implementation of smart manufacturing solutions fosters the adoption of various digital solutions, such as real-time producti...

A pyranometer is a solar irradiation measuring device generally used for climatological research or to monitor the performance of weather stations in meteorological networks and greenhouses, building automation, reflectance studies, weathering, etc. Pyranometers measure solar radiation, an important input for solar energy systems. The growing use of solar energy for power generation, heating, and cooling drives the demand for pyranometers. Additionally, pyranometers are used to acquire meteorological information by measuring solar radiation. Climate change, weather patterns, and other environmental issues are also studied using this data. Pyranometers are used to assess the solar exposure of buildings, which is important for designing energy-efficient buildings. The increasing focus on sustainable building design drives the demand for pyranometers. Further, pyranometers are also used in various other applications, such as environmental monitoring, research, and quality control. Pyranom...

A public key infrastructure is a technology that consists of a specific set of policies and procedures utilized for managing, distributing, storing, and revoking digital certificates and managing public-key encryption. Public key infrastructure technology was created to exchange information over an increasingly insecure Internet. It uses a public key and a private key to achieve security and offers several benefits, such as assurance of the quality of data sent and received electronically, assurance of the source and destination of that data, and assurance of the privacy of that data. Public key infrastructure can be used to provide cryptographic keys between users securely and to enable other cryptographically delivered security services. The technology tends to link public keys with various respective entities that have unique identities, referred to as subscribers, and is also used for supporting digital signatures and document encryption for a business. It has become the platform o...

Power cables carry energy from a source to equipment, whereas control cables send signals to control equipment operation. Power and control cables are mostly utilized in industrial, commercial, and electrical utilities. They are made of protective jackets, conductors, and insulators to resist heat, fire, and moisture. The power and control market growth is attributed to the rising demand for reliable electricity for utilities and industries. As utilities and industries expand, they require new electrical infrastructure, including power distribution networks, substations, and industrial facilities, to meet their growing power needs. The infrastructure requires power and control cables for safe and efficient operation. Moreover, several governments worldwide are taking the initiative to upgrade transmission and distribution infrastructure. The US government is catalyzing the development of thousands of miles of upgraded and new transmission lines. Therefore, the rising government initia...