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Microcarrier Market Trends and Forecast

The future of the global 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.
Microcarrier Market by Product, Application, and End Use Industry
A more than 150-page report is developed to help in your business decisions. A sample figure with some insights is shown below. 
Microcarrier Market by Segments

Microcarrier Market by Segment

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]:

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

List of Microcarrier Companies

Companies in the market compete on the basis of type quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, microcarrier companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduced production costs, and expand their customer base. Some of the microcarrier companies profiled in this report include- 

Microcarrier Market Insights

  • 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.
  • 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. 

Features of the Microcarrier Market

  • Market Size Estimates: Microcarrier market size estimation in terms of value ($B)
  • Trend and Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Microcarrier market size by various segments, such as product, application, end use industry, and region
  • Regional Analysis: Microcarrier market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different products, applications, end user industries, and regions for the microcarrier market.
  • Strategic Analysis: This includes M&A, new type development, and competitive landscape for the microcarrier market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the microcarrier market size?
Answer: The global microcarrier market is expected to reach an estimated $2.9 billion by 2028.
Q2. What is the growth forecast for microcarrier market?
Answer: The global microcarrier market is expected to grow with a CAGR of 9.1% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the microcarrier market?
Answer: 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.
Q4. What are the major segments for microcarrier market?
Answer: The future of the microcarrier market looks promising with opportunities in the biopharmaceutical production, cell and gene therapy, tissue engineering and regenerative medicine segments.
Q5. Who are the key microcarrier companies?
Answer: Some of the key microcarrier companies are as follows:
  • Thermo Fisher Scientific
  • Merck KGaA
  • Sartorius AG
  • Danaher
 
Q6. Which microcarrier segment will be the largest in future?
Answer: 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.
Q7. In microcarrier market, which region is expected to be the largest in next 5 years?
Answer: 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. 
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the global 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 has occurred in the last five years and what has its impact been on the industry?
 
 For any questions related to microcarrier market or related to microcarrier companies, microcarrier market size, microcarrier market share, microcarrier analysis, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
 
1. Executive Summary
 
2. Global Microcarrier Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
 
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Microcarrier Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Microcarrier Market by Product
3.3.1: Consumables 
3.3.1.1: Media
3.3.1.2: Reagents
3.3.1.3: Microcarriers
3.3.2: Equipment
3.3.1: Bioreactor
3.3.2: Culture Vessels  
3.3.3: Filtration and Separation Equipment
3.3.4: Cell Counters
3.4: Global Microcarrier Market by Application
3.4.1: Biopharmaceutical Production
3.4.1.1: Vaccine Production
3.4.1.2: Therapeutic Protein Production
3.4.2: Cell and Gene Therapy
3.4.3: Tissue Engineering and Regenerative Medicine
3.5: Global Microcarrier Market by End Use Industry
3.5.1: Pharmaceutical & Biotechnology Companies
3.5.2: Contract Research Organizations & Contract Manufacturing Organizations
3.5.3: Academic and Research Institutes
3.5.4: Cell Banks
 
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Global Microcarrier Market by Region
4.2: North American Microcarrier Market
4.2.1: North American Microcarrier Market by Product: Consumables and Equipment
4.2.2: North American Microcarrier Market by Application: Biopharmaceutical Production, Cell and Gene Therapy, Tissue Engineering and Regenerative Medicine
4.3: European Microcarrier Market
4.3.1: European Microcarrier Market by Product: Consumables and Equipment
4.3.2: European Microcarrier Market by Application: Biopharmaceutical Production, Cell and Gene Therapy, Tissue Engineering and Regenerative Medicine
4.4: APAC Microcarrier Market 
4.4.1: APAC Microcarrier Market by Product: Consumables and Equipment
4.4.2: APAC Microcarrier Market by Application: Biopharmaceutical Production, Cell and Gene Therapy, Tissue Engineering and Regenerative Medicine
4.5: ROW Microcarrier Market 
4.5.1: ROW Microcarrier Market by Product: Consumables and Equipment
4.5.2: ROW Microcarrier Market by Application: Biopharmaceutical Production, Cell and Gene Therapy, Tissue Engineering and Regenerative Medicine
 
5. Competitor Analysis
5.1: Type Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
 
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Microcarrier Market by Product 
6.1.2: Growth Opportunities for the Global Microcarrier Market by Application 
6.1.3: Growth Opportunities for the Global Microcarrier Market by End Use Industry
6.1.4: Growth Opportunities for the Global Microcarrier Market by Region 
6.2: Emerging Trends in the Global Microcarrier Market 
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Microcarrier Market 
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Microcarrier Market 
6.3.4: Certification and Licensing
 
7. Company Profiles of Leading Players
7.1: Thermo Fisher Scientific
7.2: Merck KGaA
7.3: Sartorius AG
7.4: Danaher
 
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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