Industry Research Report

Wednesday, 19 May 2021

Car T Cell Therapy Market Share Business Opportunities And Latest Trends

The report “CAR-T Cell Therapy Market Share, Size, Trends, Industry Analysis Report By Target Antigen (CD19/CD22, BCMA, Others); By Indication (Diffuse Large B-Cell Lymphoma (DLBCL), Acute Lymphoblastic Leukemia (ALL), Chronic Lymphocytic Leukemia (CLL), Multiple Myeloma (MM), Follicular Lymphoma (FL), Others); By Regions: Segment Forecast, 2020 – 2026” provides deep dive insights on the current market dynamics and gives a detailed analysis on future growth trends of this market. The global CAR-T Cell Therapy market size is expected to reach USD 8.92 billion by 2026 growing at a CAGR of 34.5% from 2020 to 2026 according to a new study published by Polaris Market Research

This market report focuses on CAR-T which is one of the most innovative therapy available in the market which uses the patients’ immune cells to fight cancer. The WBCs (white blood cells) are extracted – reengineered – injected again into the patient body to fight the malignant cells. This novel therapy has joined the bandwagon of the cancer cure treatments and it is expected to be one the sought-after therapies in the market. Majority of the companies have already started investing in them to gain a better market share in this industry.

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Some major key players in global CAR-T Cell Therapy Market includes Bluebird Bio (US), Celgene Corporation (US), Gilead Sciences, Inc. (US), Cellectis (France), Servier Laboratories (France), Pfizer Inc. (US), Mereck KGaA (Germany), Amgen Inc. (US), Intellia Therapeutics (US), Novartis International AG (Swiss), Caribou Biosciences, Inc. (US), Celyad (Belgium), Bellicum Pharmaceuticals, Inc. (US), Noile-Immune Biotech (Japan), Nanjing Legend Biotechnology Co., Ltd. (China), Johnson & Johnson (US), Sangamo Therapeutics, Inc. (US) among others.

According to the analysis by Polaris Market Research, the potential of the market is ~ $9 billion by 2026, with major focus on Diffuse Large B-Cell Lymphoma (DLBCL) indication in 2020-21. However, it is expected that the market would also start focusing on Multiple Myeloma (MM) indication and the market for the same is expected to grow at a compounded annual growth rate of more than 80% from 2020 to 2026.

It is estimated that U.S. is one of the major markets for CAR-T Cell Therapy due to continuous R&D happening in this region also backed by ongoing regulatory approvals of the new therapies. Along with the new therapy developments, companies are also focusing on establishing centers for cancer awareness and how this novel therapy would help in cancer treatment. This would help the market to grow in this region. The European region is also expected to closely follow by U.S. wherein European Medicine Agencies (EMA) have approved Kymriah and Yescarta which is expected to push the market for further growth in this region. However, the market for Asia Pacific is at its early stages wherein Ministry of Health, Labor and Welfare (MHLW) of Japan is the first regulatory authority to approve Kymriah in APAC.

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It can be seen that the business scenario of the market is dynamic and major companies are competing with each other to increase their market share in the major geographies of U.S. and Europe. For example, Novartis and Gilead came-up with 33 and 28 authorized centers respectively in U.S. Some of the major companies in this space such as Celgene are expected to file for FDA approvals for two more CAR-Ts lisocabtagene maraleucel in lymphoma and bb2121 (idecabtagene vicleucel) in myeloma.

Along with opening new centers and acquiring necessary government approvals, the companies are also focusing on partnerships, acquisitions and mergers. For instance, Celgene acquired Juno Therapeutics in November 2018 for approximately $9 billion in 2018 and further Bristol-Myers Squibb completed its acquisition of Celgene in November 2019.

Aerospace Coatings Market 2021 SWOT Analysis, Top Key Company Profiles And Latest Trends

Global Aerospace Coatings Market : Trending in 2021

The global aerospace coatings market size is expected to reach USD 2.7 billion by 2026 according to a new study by Polaris Market Research. The report “Aerospace Coatings Market Share, Size, Trends, Industry Analysis Report By Resin (Polyurethane, Epoxy, and Acrylics); By Product (Water based and Solvent based); By Industry (OEM and MRO); By End User (Military & Space, Commercial & Business Aircraft, and Helicopters); By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Aerospace coating is a protective layer for decorative and functional aspects applied to the surface of the aircraft. It’s also called a substratum. Airlines use such coatings for repair, maintenance and painting while protective layer is used to avert external reaction of parts and to prevent chemical reaction with other parts as well. Aircrafts are subjected to high climatic stress causing metal surfaces to wear and tear, resulting in frequent maintenance and repair. Aerospace coatings provide high corrosion resistance, solar heat & ultraviolet rays, fog, and other adverse weather conditions. It also reduces aircraft weight along with high protection and thus helps to reduce CO2 emissions. Increasing number of aircraft in emerging markets such as China due to the growth of the aviation industry, and India is expected to boost demand for aerospace coatings. Airline fusions are of major interest to manufacturers of aerospace coatings, which is expected to fuel the growth of this market.

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Technological advances like nano technology will support the growth of the this market. The technology prevents metals used in aircraft from being corrosive. Due to high chemical reactivity, metals such as magnesium are highly prone to corrosion. Materials developed from this technology enhance the aircraft’s metal durability, establishing a significant role in the market for aerospace coating. Aircraft industry’s positive outlook driven by increased demand for commercial, military and general aviation will fuel the market share. Increasing global air traffic, particularly in emerging economies, has led to the expansion of commercial fleet size for airlines.

Commercial aviation is expected to grow at the significant CAGR during the forecast period as the most lucrative market for aerospace coatings. An increase in the number of air travelers, an increase in cargo traffic and an increase in international trade have resulted in the development of the commercial aviation industry, which is driving the market. Military aviation is the second most attractive market because of increased military & defense investment in countries like the U.S., Mexico, China, India, and Russia. Maintenance, repair and overhaul (MRO) demand will experience the highest rate of growth due to aviation industry consolidation. In the aviation industry, mergers & acquisitions generate new demand for logos, thus fueling demand for aircraft repainting. Furthermore, during the forecast period, faster processing time, wide color options and cost-effective services will support MRO’s market demand.

Asia Pacific will display the highest demand CAGR from China, India, Vietnam, Singapore and South Korea. Singapore and Malaysia are the major countries that provide regional and international airlines with MRO services. Increasing demand for commercial aircraft and the establishment of manufacturing facilities in the region by aircraft manufacturers will stimulate market share from 2019 to 2026. Due to rising numbers or air travelers in the UAE, Saudi Arabia and other Middle East countries, Middle East and Africa have a prominent share in the market. Furthermore, focusing on defense spending to expand capacity and upgrade the fleet will fuel the demand for the product across the region.

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There are several major players in the market including PPG Industries, Inc.; AkzoNobel N.V; Hentzen Coatings, Inc.; Sherwin-Williams; and Mankiewicz Gebr. & Co. among others. Other major comprises Saint-Gobain S.A; Axalta Coating Systems Ltd; IHI Ionbond AG; Henkel Corporation; AHC Oberflächentechnik; LORD Corporation; NV Specialty Coatings and BryCoat Inc. among others. Acquisitions and mergers by airlines provide manufacturers with growth opportunities as airlines repaint their fleets due to brand and identity changes. Increasing demand is projected to boost market rivalry due to the expansion of the aviation sector and customer preference for quality products. Competition is intense as customer requirements, regular innovation and performance product development are crucial to business growth and to maintaining the global industry position. In order to increase their production, manufacturers focus on cost reduction, faster cycle time, waste reduction and improved efficiency.

Telehealth Market Share Business Opportunities And Latest Trends

Global Telehealth Market : Trending in 2021

The global telehealth market is anticipated to reach USD 54.23 billion by 2026 according to a new study published by Polaris Market Research. The use of digital technologies to deliver health education, medical care, and public health services by connecting multiple users from distinct locations is known as telehealth. This includes technology-enabled health care services, telemedicine, and services such as monitoring, assessment, communications, education, and prevention. Additionally, it also involves a wide range of videoconferencing, health information, telecommunications, and digital image technologies. The virtual technology and telecommunications are used in telehealth to deliver health care facilities outside of tradition healthcare facilities.

The telehealth includes virtual health care, where elderly or chronically ill patients are given medical guidance as well as treatment in certain procedures by residing home. The use of telehealth made easy accessibility of medical tools and guidelines for both professionals as well as patients in terms of diagnosis and patient care.

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The key players operating in global telehealth market includes Medtronic plc, Koninklijke Philips N.V., McKesson Corporation, Tunstall Healthcare Group Ltd, AMD Global Telemedicine, Inc., Medvivo Group Ltd., Vidyo, Inc., Care Innovations, LLC, Cisco Systems, Inc., General Electric Company, and Honeywell Life Care Solutions among others. The increasing investment for telehealth research and development activities across the top players is expected to propel the growth of the global telehealth market.

The global telehealth market is segmented on the basis of component, mode of delivery, end user, and by region. By component, the global telehealth market is further segmented into three major categories, including hardware, software, and services. On the basis of component, the services segment accounted major share in the global telehealth market. The services segment is further segmented into three major types, real-time interactions, remote monitoring, and store-and-forward consultations. The growing awareness and acceptance of remote monitoring solutions, and increasing technological advancement in telecommunication is the key factor responsible for high share of telehealth services in the telehealth industry. The hardware segment by component is further segmented into two types, medical peripheral devices, and monitors. The software segment is further segmented into, standalone software and integrated software’s. The software segment in the telehealth industry is expected to grow at high CAGR during the forecast period. The software is the important tool of telehealth systems. They work as an interface between the database and end users.

By mode of delivery the global telehealth market is further segmented into, web-based, cloud-based, and on premises delivery system. By end user, the global telehealth market is further segmented into providers, payers, patients, and others.

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On the basis of region, the telehealth industry is further segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America is estimated to account major share in the global telehealth industry in 2019. The continuous increasing in telehealth funding and government support for telehealth in the region is the one of key factor responsible for growth of the market. The Asia Pacific is expected to register high CAGR during forecast period, owing to growing economy, and rising healthcare expenditure in that region.

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Smart TV Market Share Business Opportunities And Latest Trends

Global Smart TV Market: Trending in 2021

According to a new study published by Polaris Market Research the smart TV market is anticipated to reach USD 341.6 billion by 2026. In 2017, the Full HD Smart TV segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

The increasing adoption of 4K televisions, and growing penetration of high speed internet have boosted the adoption of smart TVs. Increasing disposable incomes, and growth in media & entertainment industry further support the growth of this market. Increasing penetration of televisions, growing demand for superior video and audio television content, and rising consumption of online content boost the adoption of smart TVs. Increasing investments by vendors in technological advancements coupled with increasing demand from emerging economies further boost the market growth.

The growing disposable income has encouraged consumers to buy technologically advanced television sets that are in perfect amalgamation with their increasing living standards. Moreover, consumers are opting for high quality video and audio services along with the ability to connect to the internet. Thus, lofty living standards and increasing consumption of online content, would contribute to the growth of the smart TV market, thereby positively affecting the market growth.

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Asia-Pacific generated the highest revenue in the market in 2017 and is expected to lead the global market throughout the forecast period. The increasing disposable incomes in developing countries of this region, and growing media and entertainment industry drive the market growth in the region. There has been a significant increase in the shipment of smart TVs in the region. The growing demand for high quality audio and video services, along with the need to connect to the internet has encouraged consumers to invest in smart TVs. Local players are introducing low cost Smart TVs with advanced technologies to cater to the growing demand of consumers. Numerous key players have adopted partnership and expansion strategies to increase their market share in Smart TV markets of the Asia-Pacific region.

The different ranges of screen sizes covered in the report include 28 to 40 Inches, 41 to 59 Inches, and above 60 Inches. In 2017, the 41 to 59 inches segment accounted for the highest market share. Smart TVs with screen sizes in the range of 41 to 59 inches are gaining traction worldwide owing to improved capability to offer superior video and audio quality along with additional features. Introduction of low cost smart TVs by the market players have boosted the growth of this market segment.

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The well-known companies profiled in the report include LG Electronics, Inc., Koninklijke Philips N.V., Sony Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, Hitachi Ltd., Toshiba Corporation, Haier Electronics Group Co., Ltd., Panasonic Corporation, Videocon Industries Limited, and Skyworth Digital Holdings Ltd. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Smart Fleet Management Market Share Business Opportunities And Latest Trends

Global Smart Fleet Management Market: Trending in 2021

According to a new research published by Polaris Market Research the worldwide smart fleet market is anticipated to reach around USD 629.5 billion by 2026. In 2017, the automotive segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global Smart Fleet market.

The increasing need to track and monitor fleets to increase operational efficiency, and reduce costs drives the Smart Fleet Market growth. Organizations are increasingly adopting smart fleet systems to increase efficiency, and manage high volume of fleets. The growing need for high speed networks further accelerates the adoption of smart fleet systems. Other factors driving the market growth include growing need to reduce operational costs, increase profitability, and avoid road congestions and accidents. New emerging markets, increasing need to monitor driver behavior, and growing safety concerns are factors expected to influence the market in the coming years.

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North America is expected to lead the global Smart Fleet market during the forecast period. Significant investment by organizations to improve the fleet operations coupled with favorable regulations regarding transportation safety drive the growth of smart fleet in this region. Technological advancement and introduction of advanced smart fleet systems by the market players has increased the acceptance of smart fleet systems in the region. Asia-Pacific Smart Fleet Market is expected to grow at the highest CAGR during the forecast period. This is due to economic growth in countries such as China and India, and increasing investments in increasing fleet efficiency. Expansion of global players into these countries to tap market potential boosts the market growth.

The various mode of transportation covered in the report include automotive, rolling stock, and marine. Use of smart fleet solutions in automotive sector offers remote monitoring, fuel management, remote diagnostics, and route optimization among other functionalities. Increasing safety concerns, and government regulations regarding vehicular emissions support the growth of this segment.

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The well-known companies profiled in the report include Cisco Systems, Inc., Robert Bosch GmbH, Denso Corporation, Sierra Wireless, Inc., Orbcomm, Inc., Siemens AG, Zonar Systems, Inc., IBM Corporation, Continental AG, OTTO Marine Limited, Harman International Industries, Inc., Globecomm Systems, Inc., and Globecomm Systems, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Laundry Detergent Market Share Business Opportunities And Latest Trends

Global Laundry Detergent Market : Trending in 2021

The global laundry detergent market is expected to reach US$ 223.8 billion by 2028 according to a new study by Polaris Market Research. The report “Laundry Detergent Market Share, Size, Trends, Industry Analysis Report, By Product (Powder, Liquid, Fabric Softeners, Detergent Tablets, Washing Pods, Natural/Eco-friendly Detergents), By Application (Household, Industrial/Institutional); By Regions; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

A growing trend among people to live healthier lifestyles along with increasing concerns related to hygienic living has led to a surge in demand for laundry detergent products. A major shift in consumer preference for green and scented laundry care products are creating lucrative opportunities for market players to come up with new innovative products.

Furthermore, rising per capita spending on products for household cleaning coupled with marketing campaigns run by market participants for the promotion of their products, fueling the development of the laundry detergent industry. Moreover, increasing penetration of washing machines in major developing countries further supporting the market growth.

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Segment Highlights

The powder laundry detergent segment contributed the major revenue share in the market on account of its several applications fueling demand in major economies from Latin America and the Asia Pacific
The outbreak of the COVID-19 pandemic has resulted in increased online spending by consumers to follow social distancing measures, which in turn, has fostered the sales of laundry care products
The rising demand for eco-friendly laundry care products worldwide encourages vendors to invest more in R&D activities to bring new organic and eco-friendly products at cost-effective rates
Leading vendors developing laundry care products with a unique fragrance, quality, and packaging to attract their potential consumers and gain a crucial edge over their competitors in the market

List of Key Players

Procter & Gamble
Unilever
Method Products, PBC
Lion Corporation
Kao Corporation
Henkel AG & Co. KGaA
Chruch & Dwight Co. Inc.
Reckitt Benckiser Group plc
Others

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Polaris Market Research has segmented the laundry detergent market report based on product, application, and region

Laundry Detergent, Product Outlook (Revenue – USD Billion, 2016 – 2028)

Powder
Liquid
Fabric Softeners
Detergent Tablets
Washing Pods
Natural/Eco-friendly Detergents

Laundry Detergent, By Application Outlook (Revenue – USD Billion, 2016 – 2028)

Household
Industrial

Laundry Detergents, Regional Outlook (Revenue – USD Billion, 2016 – 2028)

North America
- U.S.
- Canada
Europe
- France
- Germany
- UK
- Italy
- Spain
- Netherlands
- Austria
Asia Pacific
- China
- India
- Japan
- Malaysia
- South Korea
- Indonesia
Central & South America
- Mexico
- Brazil
- Argentina
Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa

Antimicrobial Coatings Market Share Business Opportunities And Latest Trends

Antimicrobial Coatings Market : Trending in 2021

The global antimicrobial coatings market size is expected to reach USD 7.48 billion by 2026, growing at a CAGR of 12.4% during the forecast periods according to a new study published by Polaris Market Research. The Report ‘Antimicrobial Coatings Market Size, Share, Trends & Industry Analysis Report By Raw Material (Inorganic, Organic, and Others); By Product Type (Escherichia Coli, Pseudomonas, Listeria, and Others), By End-use (HVAC, Food industry, Construction, Mold Remediation, Medical and Others), By Regions, Segments & Forecast, 2019 – 2026’ provides a thorough and detailed analysis with an overview of present trends and future insights.

Antimicrobial coatings are paint preparations mixed with a little quantity of biocides to improve resistance towards bacteria, fungi and other pathogens. The coatings are applied on numerous substrates in different end-use applications such as textiles, medical, food processing and packaging, HVAC, automotive and other consumer durables. Many number of biocides used in the formulation include copper, organo-silane, Nano sliver and few other quaternary products.

AMC coatings greatly reduce incidence of nosocomial infections. Hence medical industry in company with number of hospitals mushrooming is a significant driver to growth of antimicrobial coating industry. Medical is the biggest end-use application of antimicrobial coatings. AMC‘s are used regularly in medical/healthcare settings for applications such as catheters, medical devices, medical electronics, trays and others. The demand for antimicrobial coatings is increasing because of healthy demand from North America and Europe where concerns regarding antimicrobial coatings in medical/healthcare industries are voiced strong.

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AMC finds multiple uses in HVAC and food packaging and processing applications thus driving growth in AMC coatings. In HVAC, AMC coatings are rubbed onto vents and other mechanical surfaces. Food industry and applications use these AMC coatings to increase shelf life of products, equivalent to length of product life in stores. With rising demand for ready-to-eat food products, increasing disposable income and consumers living life in the fast lane, the market has found many takers for AMC’s.

Antimicrobials coating market is subject to rigorous quality checks including full testing for potential lethalness and harmful environmental effects as per Central for disease control (CDC) guidelines. Furthermore, the manufacturers of antimicrobial coatings have to develop a clinical standard for testing methods and be in line with sales pitch for Environmental Protection Agency (EPA) FIFRA.

Technology has also had a hand in vital growth of these products. Materials such as Nano- silver have witnessed serious progress and deep R&D activities are also fulfilling growth of Nano-silver. Anti-Microbial Coatings Innovations (AMiCI) consortium is studying the numerous real-life settings for use of AMC coatings with laws and development governing its use.

North America leads regional growth in Global AMC industry. Western Europe and Asia Pacific follow suit. US spending on health sector being quite high contribute to high growth factors for regional market. Japan has a rising geriatric population which leads to increased spending in medical industry thus contributing to high growth for Asia Pacific region.

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The global market constitutes a sizeable number of multinationals and regional players. The key market players include Akzo Novel NV, BASF SAE, Dow DuPont, AK Coatings, Inc., BioInteractions Ltd., PPG Industries Inc., Lonza Group Ltd., and Covalon Technologies Ltd.

Polaris Market Research has segmented the global antimicrobial coatings market reports on the basis of raw materials, product type, end-use and Region:

AMC Coatings Raw Material Outlook (Revenue USD Million, 2015-2026)

Inorganic
Organic
Others

AMC Coatings Product Type (Revenue USD Million, 2015-2026)

Escherichia Coli
Pseudomonas
Listeria
Others

AMC Coatings End-use Outlook (Revenue USD Million, 2015-2026)

HVAC
Food Industry
Construction
Mold Remediation
Medical
Others

AMC Coatings Regional Outlook (Revenue USD Million, 2015-2026)

North America
- US
- Canada
Europe
- Germany
- France
Asia Pacific
- India
- China
Latin America
- Mexico
- Brazil
MEA

Automotive Collision Repair Market Size, SWOT Analysis, Growth Outlook, By Top Key Players

Global Automotive Collision Repair Market : Trending in 2021

The global automotive collision repair market size is anticipated to reach USD 219.62 billion by 2026 according to a new report published by Polaris Market Research. The report “Automotive Collision Repair Market Size, Share & Trends Analysis Report By Product (Paints and Coatings, Consumables, Spare Parts); By Vehicle Type (Passenger Vehicles, Commercial Vehicles, Two-Wheeler); By End-Use; By Region, Segments & Forecast, 2019 – 2026” provides current market insights and future market trends.

In 2018, spare parts segment dominated the global market, in terms of revenue. In 2018, Europe accounted for majority share in global market. The market requires advanced protective materials which also meets the stylized highlights of the automobile. The quickly propelling paints and coatings innovation supports the market development. The organizations are under critical pressure to stiffen safety standards and guidelines and damages to vehicles which further aid market growth. The copious growth of hybrid and electric vehicles will offer market opportunities to growth during forecast period. Digitalization of automotive repair and collision services also supports market growth.

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In 2018, Europe accounted for highest share of market revenue in global automotive collision repair market. The prime factors driving growth in the region include an established automotive industry, technological finesses and copious investments in R&D. Strict regulations responsible for vehicular safety and emissions accelerate growth in market. The rising safety concerns, unending list of accidents, introduction of driverless cars and car beautifications and ramp-up further increases the market growth in the region. The rise in driverless cars and a spurt in demand for electric vehicles increase the demand for market. With increasing sales and aging of vehicles globally, market is set to grow.

The global automotive collision repair market is segmented on the basis of product, vehicle type, end-use and geography. Based on product, the market is segmented into paints and coatings, consumables and spare parts. Spare parts accounted for highest share in market in 2017 owing to spate of road accidents on the road. The quickly propelling paints and coatings innovation which bend over to the desires for most recent defensive car material and done-up requests is the key explanation behind paints and coatings section development. Paints and Coatings are required to achieve expanded selection in high volume displays over the estimation time frame owing to overwhelming environment concerns relating to use of harmful synthetic coatings and refinishing materials.

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The vendors are introducing new products to meet rising customer desires. In addition, the leaders are acquiring and collaborating with top companies in the market to enhance their offerings and expand customer base. The leading players in the market include Denso Corporation, Continental AG, 3M, Honeywell International, Inc., DuPont, BASF, Johnson Controls, Inc., ZF Friedrichshafen, Robert Bosch GmbH, Federal-Mogul LLC, Automotive Technology Products LLC, Caliber Collision and Henkel AG&Co., KGaA.

Polaris Market research has segmented the automotive collision repair market report on the basis of product type, vehicle type, end-use and region.

Automotive Collision Repair Product Outlook (Revenue, USD Billion, 2015 – 2026)
- Paints and Coatings
- Consumables
- Spare Parts
Automotive Collision Repair Vehicle Type Outlook (Revenue, USD Billion, 2015 – 2026)
- Passenger Vehicle
- Commercial vehicle
- Two-wheelers
Automotive Collision Repair End-use Outlook (Revenue, USD Billion, 2015 – 2026)
- OEMs
- Aftermarket
- Others
Automotive Collision Repair Regional Outlook (Revenue, USD Billion, 2015 – 2026)
- North America
  - U.S.
  - Canada
- Europe
  - UK
  - Germany
  - France
  - Italy
- Asia Pacific
  - India
  - China
  - Japan
- Latin America
  - Mexico
  - Brazil
- MEA