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Microcarrier Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033
Microcarrier Market
As per the report, the microcarrier market size has grown rapidly in recent years. It will grow from $2 billion in 2023 to $2.2 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The microcarrier market size is expected to see rapid growth in the next few years. It will grow to $3.36 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%.
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The Surging Prevalence Of Cancer Drives Growth In The Microcarrier Market
The increase in the prevalence of cancer cases propels the growth of the microcarrier market. 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 number of cancer cases aberrantly develops cells out of control that cross 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. For instance, in January 2023, according to the American Cancer Society, a US-based nonprofit cancer advocacy organization, the number of cancer cases increased from 1,898,160 in 2021 to 1,958,310 in 2023, reflecting a growth of 3.16%. Therefore, the increasing prevalence of cancer cases propels the microcarrier market growth.
Microcarrier Market Sees Growth With Advancements In Bead Technology
Technological advancement is a key trend gaining popularity in the microcarrier market. 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. This microcarrier expands the availability of high-quality mesenchymal stromal cells (MSCs) for stem cell-based therapies. This beadMATRIX product allows MSC proliferation and harvest in Xeno/serum-free media with high efficiency and stemness.
The microcarrier market covered in this report 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
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Major companies operating in the microcarrier market report are Thermo Fisher Scientific Inc., The Merck Group, GE Healthcare Technologies Inc., Corning Incorporated, Lonza Group AG, Microcarrier Global, Sartorius AG, Getinge AB, ChemoMetec, Cesco Bioengineering Co. Ltd., Himedia Laboratories Pvt. LTtd., Esco VacciXcell, Danaher Corporation, Eppendorf AG, Solida Biotech GmbH, CellGenix GmbH, FUJIFILM Irvine Scientific Inc., Stemcell Technologies Inc., Bio-Techne Corporation, InVitria Inc., CytoSMART Technologies BV, Synthace Limited, Cell Guidance Systems Ltd., BioLamina AB, Cell Culture Company LLC, Cell Applications Inc., CellSystems Biotechnologie Vertrieb GmbH, Cellon SA, Repligen corporation, VWR International
Contents of the report:
1. Executive Summary
2. Microcarrier Market Report Structure
3. Microcarrier Market Trends And Strategies
4. Microcarrier Market - Macro Economic Scenario
5. Microcarrier Market Size And Growth
…..
27. Microcarrier Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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