Microcarriers Market Demands, Key Players, Revenue, CAGR, Size, Trends and Forecasts to 2028

The global Microcarriers Market in terms of revenue was estimated to be worth $2.0 billion in 2023 and is poised to reach $3.3 billion by 2028, growing at a CAGR of 10.0% from 2023 to 2028. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying behaviour in the market. The growth of the microcarriers industry is largely driven by the increasing R&D spending for biopharmaceutical production, growing demand for mAbs and biosimilars, and growing preference for single-use technologies.

Key Market Players:
Key players in the global Microcarriers market include Thermo Fisher Scientific Inc. (US), Sartorius AG (Germany), Danaher Corporation, (US), Merck KGaA (Germany), Corning Incorporated (US), FUJIFILM Holdings Corporation (Japan), BD (US), Eppendorf SE (Germany), Lonza (Switzerland), Getinge AB (Sweden), ChemoMetec (Denmark), Esco Lifesciences Group Ltd (Singapore), Entegris (US), bbi-biotech GmbH (Germany), STEMCELL Technologies (Canada), Stobbe Group (Denmark), Distek, Inc. (US), Bionet (Spain), &G Technologies, Inc. (US), Tantti (Taiwan), Kühner AG (Switzerland), PBS Biotech, Inc. (US), REPROCELL Inc. (Japan), Meissner Filtration Products, Inc. (US), and Smart MCs PTY LTD (Australia).

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This report categorizes the microcarriers market to forecast revenue and analyze trends in each of the following submarkets:
By Product
• Consumables
• Media
o Serum-based Media
o Serum-free Media
o Other Media
• Reagents
• Microcarrier Beads
o Cationic Beads
o Collagen-coated Beads
o Protein-coated Beads
o Untreated Beads
o Other Microcarrier Beads
• Other Consumables
• Equipment
• Bioreactors
o Single-use Bioreactors
o Stainless-steel Bioreactors
• Culture Vessels
• Filtration and Separation Equipment
• Cell Counters
• Other Equipment

By Application
• Biopharmaceutical Production
• Vaccine Production
• Therapeutic Proteins
• Tissue Engineering and Regenerative Medicine

By Therapy
• Cell & Gene Therapy
• Other Tissue Engineering and Regenerative Medicine Applications

By Cell Type
• Stem Cells
o Hematopoietic Stem Cells (HSCs
o Mesenchymal Stem Cells (MSCs)
o Induced Pluripotent Stem CELLS (iPSCs)
o Other Stem Cells
• Immune Cells
o T-Cells
o NK Cells
o Other Immune Cells
• Other Cell Types

By End User
• Pharmaceutical & Biotechnology Companies
• Contract Research Organizations and Contract
Manufacturing Organizations (CROs and CMOs)
• Academic & Research Institutes
• Cell Banks

The ecosystem of microcarrier consists of end users from pharmaceutical & biotechnology companies, contract research organizations & contract manufacturing organizations, academic and research institutes, and cell banks, microcarrier cell culture products providers, instrument & reagent suppliers, technology providers, regulatory authorities (ensuring compliance and safety), and collaborative networks promoting knowledge sharing and collaboration. These stakeholders interact and collaborate to drive the advancement of microcarrier cell culture products, enhance bioprocessing activities, and support development of new therapeutics.

Consumables held a dominant share in the product segment in the microcarriers industry
Based on the product, the microcarriers industry has been segmented into consumables and equipment. In 2022, consumables hold the largest share of the microcarriers market due to repetitive purchase of consumables and increasing adoption of high-quality media and reagents for cell culture.

The biopharmaceutical production segment of the microcarriers industry is expected to register the fastest growth during the forecast period.
Based on the applications of microcarriers, the microcarriers market has been segmented into biopharmaceutical production, tissue engineering and regenerative medicine, and other applications. In 2022, biopharmaceutical production accounted for the largest share. The significant dominance of the biopharmaceutical production sector is due to the substantial growth in commercial activities among major pharmaceutical firms, rising regulatory authorizations for vaccines developed through cell culture, and the escalating need for monoclonal antibodies (mAbs). Notably, the Antibody Society Organization reported approximately 38 antibody therapeutics approved in the US and Europe from 2020 to 2022.

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North America accounted for the largest share in microcarriers industry in 2022
Geographically, the Microcarriers market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America held the dominant share followed by Europe.

In North America the widespread adoption of microcarrier cell culture thrives due to the region's robust biopharmaceutical industry, supported by its capacity to produce intricate biologics. Additionally, the presence of leading research institutions and innovation hubs fosters a culture of technological advancement, promoting the integration of cutting-edge techniques like microcarrier systems. Favorable regulatory landscapes and well-developed infrastructure further bolster the implementation of these advanced cell culture methods, ensuring adherence to stringent quality standards. Moreover, the growing focus on personalized medicine in the US drives the use of microcarrier cell culture for tailored cell therapies, catering to the escalating demand for individualized treatments in the field of regenerative medicine.

Mr. Aashish Mehra
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This release was published on openPR.