Global Microcarrier Market, By Product Type (Equipment, Consumables), Material Type (Cellulose-Based, Gelatin-Based, Dextran-Based, Plastic-Based, Others), Application (Vaccine Manufacturing, Cell Therapy, Others), End User (Pharmaceutical and Biotechnology Companies, Research Institutes, Contract Research Organizations), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Microcarrier Market
Microcarrier market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 2.12 billion by 2028 and will grow at a CAGR of 5.80% in the above mentioned forecast period.
Microcarriers are the support matrix which helps the expansion adherent cells in a bioreactor. They are non-toxic and lightly particulate in nature. Microcarriers can be divided into two types based on the material such as natural and synthetic polymers. They are generally used to grow virus producing and protein-generating adherent cell populations in the viable production of vaccines and biologics at a large scale.
The rising government funding and venture capital investment for cell-based research is amongst the important factors intensifying the growth and demand of microcarrier market. In addition, the increasing demand for cell-based vaccines and rising R&D funding are also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the increasing preference for single-use technologies and technological advancements are also enhancing the growth of the market. Likewise, the increasing demand and adoption for cell-based therapies and vaccines is also lifting the market growth in the above mentioned forecast period. Also, the increase in public and private funding and technological advancement thus is also one of the significant factors fueling the growth of the microcarrier market.
The increasing demand for 3D culture, increasing biotech research and manufacturing in emerging economies along with various advantages of microcarriers in mab production will further accelerate the expansion of the microcarrier market and are also are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the high cost of cell biology research as well as various limitations in the production of high-density cell cultures will curb the growth of the microcarrier market, whereas the unavailability of low-priced serum-free media and microcarrier-cell detachment have the potential to challenge the growth of the microcarrier market.
This microcarrier market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on microcarrier market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Microcarrier Market Scope and Market Size
Microcarrier market is segmented on the basis of product type, material type, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the microcarrier market is segmented into equipment and consumables. Equipment is further segmented into bioreactors, culture vessels, cell counters, filtration and seperation systems and accessories. Consumables have further been segmented into media, reagents and microcarrier beads. Media is further segmented into sera/serum-based media, serum-free media and others. Microcarrier beads have further been segmented into untreated microcarriers, cationic microcarriers, collagen-coated microcarriers, protein-coated microcarriers and others.
- Based on material type, the microcarrier market is segmented into cellulose-based, gelatin-based, dextran-based, plastic-based and others.
- On the basis of application, the microcarrier market is segmented into vaccine manufacturing, cell therapy and others.
- The end user segment of microcarrier market is segmented into pharmaceutical and biotechnology companies, research institutes and contract research organizations.
Microcarrier Market Country Level Analysis
Microcarrier market is analyzed and market size insights and trends are provided by country, product type, material type, application and end user as referenced above.
The countries covered in the microcarrier market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the microcarrier market owing to the rapid increase in incidences of cancer and strategic development of biopharmaceutical and biotechnology industry within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rapid rise in growth of the pharmaceutical industry as well as increasing initiative for cell-based research activities in this particular region.
The country section of the microcarrier market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Microcarrier market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for microcarrier market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the microcarrier market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Microcarrier Market Share Analysis
Microcarrier market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to microcarrier market.
The major players covered in the microcarrier market report are Thermo Fisher Scientific, Merck KGaA, General Electric, Cytiva, Pall Corporation, BD, Danaher, Corning Incorporated, Lonza, Eppendorf AG and Sartorius AG among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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