Microcarriers Market Worth $3.3 Billion | MarketsandMarkets

Browse in-depth TOC on "Microcarriers Market" Browse in-depth TOC on "Microcarriers Market" 499 - Tables 52 - Figures 433 - Pages Microcarriers Market Scope:   The consumables segment accounted for the largest market share by product in the microcarriers market in 2022. By product, the microcarriers market has been further categorized as consumables (media, reagents, microcarrier beads, and other consumables), equipment (bioreactors, culture vessels, filtration...

Browse in-depth TOC on "Microcarriers Market"

499 - Tables
52 - Figures
433 - Pages

Microcarriers Market Scope:

 

The consumables segment accounted for the largest market share by product in the microcarriers market in 2022.

By product, the microcarriers market has been further categorized as consumables (media, reagents, microcarrier beads, and other consumables), equipment (bioreactors, culture vessels, filtration & separation equipment, cell counters, and other equipment). Consumables accounted for the major market share of microcarriers market in 2022. The large share of this segment can be attributed to the shift towards single-use technologies in cell culture and repetitive purchase of consumables in microcarrier cell cultures. Additionally, the growing R&D activities in the biotechnology sector are promoting the growth of the microcarriers market.

The biopharmaceutical production segment is expected to grow at a higher growth rate during the forecast period.

Based on application, the microcarriers market has been segregated into biopharmaceutical production, tissue engineering and regenerative medicine, and other applications. The biopharmaceutical production segment holds a major market share and is expected to grow at a higher rate during the forecast period 2023-2028. The significant portion of biopharmaceutical production dominance stems from the substantial commercial growth of leading pharmaceutical firms, rising regulatory endorsements for cell culture-oriented vaccines, and heightened requests for monoclonal antibodies.

The pharmaceutical & biotechnology companies segment accounted for the largest share of the end user segment in the microcarriers market in 2022.

Based on end user, the microcarriers market has been segmented into pharmaceutical & biotechnology companies, contract research organizations & contract manufacturing organizations, academic and research institutes, and cell banks. In 2022, the pharmaceutical & biotechnology companies segment accounted for the largest share of the microcarriers market. The large share can be attributed to rising awareness about the benefits of cell-based vaccines, growing regulatory approvals for cell-based vaccines, and a focus on commercial expansion of cell-based vaccines.

The North America region accounted for the largest share of the microcarriers market in 2022.

The microcarriers market is segmented into North America, Europe, the Asia Pacific (APAC), Latin America (LATAM), and the Middle East and Africa (MEA). The technological advancements in the healthcare sector and growing demand for cell therapies in the North America region are the major driving factors for the growth of the microcarriers market. Additionally, increasing investments and fundings in pharmaceutical and biotechnology field is promoting the growth of microcarriers market in North America region.

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Microcarriers Market Dynamics:

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Key Market Players of Microcarriers Industry:

Key players in the 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), bi-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).

The primary interviews conducted for this report can be categorized as follows:

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Microcarriers Industry Recent Developments:

Microcarriers Market Size - Key Benefits of Buying the Report:

The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall microcarriers market and its subsegments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:

Related Reports:

Cell Culture Market - Global Forecasts to 2028

Single Use Bioreactors Market - Global Forecasts to 2028

3D Cell Culture Market - Global Forecasts to 2028

Cell Isolation Market - Global Forecasts to 2028

Primary Cells Market - Global Forecasts to 2028

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