Microcarrier Market Poised to Reach $3.43 Billion by 2030: Driving Advances in Biopharmaceuticals and Vaccine Production – ResearchAndMarkets.com
October 19, 2023DUBLIN–(BUSINESS WIRE)–The “Microcarrier Market, Size, Global Forecast 2023-2030, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis” report has been added to ResearchAndMarkets.com’s offering.
The global Microcarrier Market is poised to achieve a substantial valuation of US$ 3.43 billion by 2030, according to a comprehensive market analysis.
Microcarriers, vital in the growth of adherent cells in bioreactors, are revolutionizing biopharmaceutical and cell therapy production. This versatile technology supports the cultivation of virus-generating or protein-producing adherent cell populations, playing a pivotal role in large-scale biologics and vaccine manufacturing.
Key Market Drivers:
- High Demand for Cell-Based Vaccines: A growing preference for cell-based vaccine production.
- Rising Occurrence of Diseases: Increased incidence of diseases like diabetes, cancer, and rheumatoid arthritis.
- Technological Advancements: Continuous innovations in cell biology research.
Market Opportunities:
- Research and Development: Focus on developing new cell-based therapies for chronic diseases.
- Monoclonal Antibodies: Rising demand for targeted therapies in cancer and autoimmune disorders.
- Regenerative Medicine: Fueling demand for microcarriers in cell therapy.
Microcarrier Market Expected to Grow at a CAGR of 8.85% from 2022 to 2030
The Microcarrier Market is experiencing significant growth, driven by the need to enhance vaccine production yields, reduce costs, and address a wide range of diseases. Biologics and regenerative medicine are witnessing substantial demand, with a focus on innovative treatments and constant technological advancements in cell biology research.
Key Market Challenges:
- Cost of Research: Microcarrier research can be costly for small-scale businesses and academic institutes.
- Downstream Processing: Harvesting cells from microcarriers can be expensive.
Despite these challenges, the Microcarrier Market is growing, having reached USD 1.74 billion in 2022.
Microcarrier Beads: The Leading Consumables Fostering Growth
Microcarrier Market’s Consumables segment includes Microcarrier Beads and Media & Reagents. Microcarrier beads take the lead, thanks to their pivotal role in biotechnology and cell culture. These beads provide a flexible platform for cell attachment and growth, facilitating the production of biopharmaceuticals, vaccines, and cell-based therapies. Their ability to support high cell densities and scalability in bioprocessing makes them indispensable for efficient and cost-effective solutions.
Cell Therapy: Fastest-Growing Segment
Cell therapy is the fastest-growing segment in the Microcarrier Market, driven by regenerative medicine and the expanding use of cell-based treatments. Microcarriers provide an essential platform for cultivating and expanding cells used in cutting-edge therapies, including stem cell-based cures, immunotherapies, and tissue engineering applications.
Pharmaceutical and Biotechnology Companies: Market Leaders
Pharmaceutical and biotechnology companies lead the Microcarrier Market, relying extensively on microcarriers for various applications. They play a crucial role in the production of biopharmaceuticals, vaccines, and cell-based treatments. Continuous investments in research and development, along with innovation in microcarrier technology, further bolster the demand for microcarriers.
The United States: Driving Innovation in the Microcarrier Industry
The United States stands out in the Microcarrier Market, known for its innovation and technological advancements. With a robust research and development environment, a vast pool of biotech and pharma companies, and strategic collaborations with academic institutions, the U.S. Microcarrier industry leads in areas such as stem cell therapy, vaccine production, and biopharmaceutical manufacturing.
Key Players:
- Thermo Fisher Scientific
- Merck KGaA
- Eppendorf AG
- Danaher Corporation
- Sartorius AG
- Bio-Rad Laboratories, Inc.
- Corning Inc.
- Lonza Group
- Getinge
- Becton, Dickinson and Company
The Microcarrier Market continues to evolve, driven by the growing demand for biologics, regenerative medicine, and innovative cell-based therapies. As the industry expands, it promises advancements in healthcare and biopharmaceuticals.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 210 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $1.74 Billion |
| Forecasted Market Value (USD) by 2030 | $3.45 Billion |
| Compound Annual Growth Rate | 8.8% |
| Regions Covered | Global |
Key Topics Covered:
1. Introduction
2. Research& Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Microcarriers Market
6. Global Microcarriers Market – Share Analysis
6.1 By Product Type
6.1.1 By Consumables
6.2 By Application
6.3 By End User
6.4 By Countries
7. Product Type-Global Microcarriers Market
7.1 Consumables
7.1.1 Microcarrier Beads
7.1.2 Media & Reagents
7.2 Equipment
8. Application- Global Microcarriers Market
8.1 Cell Therapy
8.2 Vaccine Manufacturing
8.3 Others
9. End User- Global Microcarriers Market
9.1 Pharmaceutical & Biotechnology Companies
9.2 Contract Research Organizations & Contract Manufacturing Organizations
9.3 Academic & Research Institutes
10. Countries- Global Microcarriers Market
10.1 North America
10.1.1 United States
10.1.2 Canada
10.2 Europe
10.2.1 France
10.2.2 Germany
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Belgium
10.2.7 Netherland
10.2.8 Turkey
10.3 Asia Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 South Korea
10.3.5 Thailand
10.3.6 Malaysia
10.3.7 Indonesia
10.3.8 Australia
10.3.9 New Zealand
10.4 Latin America
10.4.1 Brazil
10.4.2 Mexico
10.4.3 Argentina
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 UAE
10.5.3 South Africa
10.6 Rest of the World
11. Porter’s Five Forces Analysis- Global Microcarriers Market
12. SWOT Analysis- Global Microcarriers Market
13. Key Players Analysis
For more information about this report visit https://www.researchandmarkets.com/r/mfvymn
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