Global Microcarrier Industry 2023: In-Depth Analysis of Trends and Market Outlook || Thermo Fisher Scientific, Merck Group, GE Healthcare, Corning Inc

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Microcarrier Global Market Report 2023 identifies the increase in the prevalence of cancer cases is the major driver for the microcarrier market's growth in the forecast period. The primary reason for cancer risk is the increasing lifespan. Furthermore, adopting a western lifestyle, poor dietary habits, an increase in dairy consumption, food additives, frequent non-vegetarian diets, chemical pollution, and a lack of exercise have all contributed to the rise in cancer cases worldwide. This increasing cancer cases aberrantly develop cells out of control that crosses their normal borders to infiltrate any organ or tissue of the body. Microcarrier support is a matrix that allows adherent cells to grow in bioreactors while promoting cancer cell proliferation and the formation of microtissue in healing damaged or degenerated tissue for repair and restoration.

The global microcarrier market size will grow from $1.8 billion in 2022 to $2.02 billion in 2023 at a compound annual growth rate (CAGR) of 12.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the microcarrier is expected to grow to $2.85 billion in 2027 at a CAGR of 8.9%.

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Major competitors in the microcarrier market are Thermo Fisher Scientific, Merck Group, GE Healthcare, Corning Inc., Lonza Group AG, Sartorius AG, Eppendorf, HiMedia Laboratories Pvt. Ltd., Chemometec.

A key trend in the microcarrier market includes technological advancement. The market has witnessed the use of microcarrier bead technology to allow developers to develop adherent cell cultures at related densities in single-use bioreactors. It is a technique for imprinting adherent cells onto carriers, which are then developed in SUT reactor designs and scaled for clinical and commercial production volumes. Major players in the microcarrier sector are focused on technological advancements to sustain their market position. For instance, In May 2022, denovoMATRIX, a Germany-based designer that produces biomaterials, launched a novel microcarrier to advance cell and gene therapy manufacturing.

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The microcarrier market is segmented -

1) By Product: Equipment, Consumables

2) By Type: Cationic Microcarriers, Collagen-Coated Microcarriers, Protein-Cated Microcarriers, Untreated Microcarriers, Other Microcarriers

3) By Material Type: Alginate-Based, Collagen-Based, Dextran-Based, Polystyrene-Based, Other Material Type

4) By Application: Vaccine Manufacturing, Cell Therapy, Other Applications

5) By End User: Pharmaceutical And Biotechnology Companies, Research Institutes, CROs

4) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the microcarrier market.

The Business Research Company's "Global Microcarrier Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Microcarrier Market Include:
1. Executive Summary
2. Microcarrier Market Characteristic
3. Microcarrier Market Trends And Strategies
4. Microcarrier Market - Macro Economic Scenario
5. Microcarrier Market Size And Growth
……………
27. Microcarrier Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Microcarrier Market
29. Microcarrier Market Future Outlook And Potential Analysis
30. Appendix

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