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According to a market report by Lucintel, the future of the microcarrier market looks promising with opportunities in the biopharmaceutical production, cell and gene therapy, tissue engineering and regenerative medicine segments. The global microcarrier market is expected to reach an estimated $2.9 billion by 2028 with a CAGR of 9.1% from 2023 to 2028. The major drivers for this market are growing cases of chronic diseases, increasing demand for cell-based vaccines and therapeutics and rising R&D funding in cell biology research by pharmaceutical and biotechnology companies.



In this market, consumables and equipment are the major type segments. Lucintel forecasts that consumables are expected to remain the largest type segment over the forecast period due to growing penetration of microcarrier beads, media, and reagents for different culture processes.



Within this market, biopharmaceutical production is expected to remain the largest application segment over the forecast period due to growing cases of infectious cases and genetic disorders and increasing expansion of major pharmaceutical companies.



APAC is expected to witness the highest growth over the forecast period due to growing prevalence of chronic diseases and increasing R&D investments in biologics and gene therapies. 

Thermo Fisher Scientific, Merck KGaA, Sartorius AG, and Danaher are the major suppliers in the global microcarrier market.



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global microcarrier market by product, application, end use industry, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Microcarrier Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global microcarrier market by product, application, end use industry, and region, as follows:


Microcarrier Market by Product [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Consumables


    • Media


    • Reagents


    • Microcarriers




  • Equipment


    • Bioreactor


    • Culture Vessels 


    • Filtration and Separation Equipment


    • Cell Counters





Microcarrier Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Biopharmaceutical Production


    • Vaccine Production


    • Therapeutic Protein Production




  • Cell and Gene Therapy


  • Tissue Engineering and Regenerative Medicine



Microcarrier Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Pharmaceutical & Biotechnology Companies


  • Contract Research Organizations & Contract Manufacturing Organizations


  • Academic and Research Institutes


  • Cell Banks



Microcarrier Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:




  • North America


  • Europe


  • Asia Pacific


  • The Rest of the World



This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 


About Lucintel



Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 


This report answers the following 11 key questions:



Q.1. What are some of the most promising, high-growth opportunities for the microcarrier market by product (consumables (media, reagents, and microcarrier), equipment (bioreactors, culture vessels , filtration and separation equipment, and cell counters)), application (biopharmaceutical production (vaccine production, therapeutic protein production), cell and gene therapy, tissue engineering and regenerative medicine), end use industry (pharmaceutical & biotechnology companies, contract research organizations & contract manufacturing organizations, academic and research institutes, and cell banks), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or type substitution?

Q.11. What M&A activity did occur in the last five years and how did they impact the industry?