Press release
Microcarrier Market is expected to reach a valuation of USD 2.9 billion by the end of the forecast period 2021 - 2026
The global Microcarrier market was valued at USD 2.9 billion in 2026 and will grow with a CAGR of 10.7% from 2020 to 2027, based on Mnemonics Research newly published report.The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A microcarrier is a support matrix allowing for the growth of adherent cells in bioreactors.In 2017, Europe dominated the global microcarriers market. Growth in this market can mainly be attributed to factors such as the increasing incidence of cancer, growing number of venture capital investments, availability of technologically advanced products, and strategic expansion of biopharmaceutical companies in this region. However, the RoW is expected to register the highest CAGR in the forecast period.
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By Market Verdors:
Thermo Fisher
GE Healthcare
Corning
Sartorius
Danaher
Merck
Becton, Dickinson
Eppendorf
Hi-Media Laboratories
Lonza Group
By Types:
Cationic Microcarriers
Collagen-coated Microcarriers
Protein-coated Microcarriers
Untreated Microcarriers
By Applications:
Vaccine Manufacturing
Cell Therapy
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Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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