Microcarrier Market Development Predicted between 2022-2030 with 10.3% CAGR to Reach USD 4431.12 Million

Microcarrier Market
Microcarrier Market

The global microcarrier market size was USD 1833.77 Million in 2021 and is expected to register a revenue CAGR of 10.3% during the forecast period, according to latest analysis by Emergen Research. Rising prevalence of various diseases, such as cancer and cardiovascular diseases, growing population, and significant investments in research & development projects especially for cell and gene therapies are primary key factors driving market revenue growth.

High demand for scaling up cell production, especially for vaccine manufacturing, owing to surge in number of outbreak incidences, such as COVID-19, Ebola Virus Disease (EVD), and monkeypox, is contributing to growth of the microcarrier market. On 8 October 2021, Ministry of Health in Democratic Republic of the Congo (DRC) announced an outbreak of EVD in Beni Health Zone, North Kivu Province. Various research studies for development of stirred single-use bioreactors in combination with Microcarriers (MCs) as well as biodegradable MC is expected to drive market growth. Rising demand for tissue engineering and cell-based therapies, which involves utilization of Mesenchymal Stromal Cells (MSC) owing to its multilineage differentiation potential, intrinsic immunomodulatory, and trophic activities is increasing need for microcarrier for scalable production.

Moreover, cell culture techniques are crucial for the study involving animal cell structure, differentiation, and function as well as production of various biologic materials such as enzymes, vaccines, hormones, antibodies, nucleic acids, and interferons. Microcarrier technology makes it possible to obtain higher cell densities than traditional static culture systems, resulting in requirement of less laboratory and storage space as well as reduced labor required for routine production. These factors are increasing need for microcarriers for different cell culture manufacturing, which is driving market revenue growth.

High costs of media, especially serum-free media and processes to efficiently detach and harvest cells from microcarrier for downstream applications is one of the factors restraining growth of the market as these are required for producing cells for cell therapy.

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The market intelligence report is a prototype of the 360° overview of the global Microcarrier industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.

Competitive Landscape:

The latest research report is inclusive of a precise summary of the intensely competitive landscape of the global Microcarrier market. It offers a systematic presentation of the company profiles of the leading market players. This section of the report analyzes the effective initiatives undertaken by these players for business expansion in the long run. In addition, this section highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have been assessed using certain effective analytical tools, such as Porter’s Five Forces analysis and SWOT analysis.

The major companies Covered in the report are: 

Thermo Fisher Scientific, Cytiva, Merck KGaA, General Electric Company, Corning Incorporated, Danaher, Eppendorf SE, Sartorius AG, BD, and Lonza.

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Emergen Research has segmented the global microcarrier market based on component, application, end-users, and region:

Product Outlook (Revenue, USD Million; 2019-2030)

Microcarrier equipment

Filtration systems

Culture vessels

Bioreactors

Cell counters

Consumables

Reagents

Microcarrier beads

Media

Application Outlook (Revenue, USD Million; 2019-2030)

Cell & gene therapy

Biopharmaceutical production

Others

End-Users Outlook (Revenue, USD Million; 2019-2030)

Pharmaceutical & biotechnology companies

Academic & research institutes

Others

Regional Outlook (Revenue, USD Million; 2019-2030)

North America

S.

Canada

Mexico

Europe

Germany

France

UK

Italy

Spain

Benelux

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

UAE

South Africa

Turkey

Rest of Middle East & Africa

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