Press release
Global Microcarrier Market: Rapid Growth, Increasing Prevalence of Cancer, and Future Trends
Microcarrier Market
Emergence of High-Density Microcarriers and the Rising Demand for Regenerative Medicine
What Is The Projected Market Size Of The Global Microcarrier And Its Growth Rate?
• Microcarrier market size in 2024: $2.17 billion
• Growth in 2025: $2.39 billion with a CAGR of 9.9%, primarily due to increasing demand for cell-based vaccines and private funding for cell and gene therapy.
• Projected market size in 2029: $3.77 billion with a higher CAGR of 12.1%, attributing to the rising prevalence of cancer cases, demand for regenerative medicine, and focus on advancing microcarrier technology for specific cell types.
What Is Driving The Growth In The Microcarrier Market?
The growth in the microcarrier market is significantly being driven by the rise in cancer cases worldwide. Proliferating cancer cases spur the advancement and increased utilization of microcarriers which facilitates abnormal cell growth control, tissue repair, and restoration by forming microtissue. The upward surge in the cancer prevalence worldwide, including a 3.16% increment from 2021 to 2023 in the US as reported by the American Cancer Society, is fosters the microcarrier market growth.
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Who Are The Key Players Driving Microcarrier Growth?
• 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
What Are The Key Trends In The Microcarrier Market?
• Development of scalable and high-density microcarriers
• Shift towards single-use microcarrier systems
• Integration of advanced materials in microcarrier design
• Customized microcarrier solutions for specific cell types
• Emphasis on sustainability and eco-friendly microcarrier manufacturing
What Are The Segments Of The Global Microcarrier Market?
• By Product: Equipment, Consumables
• By Type: Cationic Microcarriers, Collagen-Coated Microcarriers, Protein-Coated Microcarriers, Untreated Microcarriers, Other Microcarriers
• By Material Type: Alginate-Based, Collagen-Based, Dextran-Based, Polystyrene-Based, Other Material Type
• By Application: Vaccine Manufacturing, Cell Therapy, Other Applications
• By End User: Pharmaceutical And Biotechnology Companies, Research Institutes, CROs
Which Region Leads The Microcarrier Market?
In 2024, North America was identified as the largest region driving the microcarrier market. Moreover, Asia-Pacific is expected to be the fastest-growing region in the future. The regions covered in the microcarrier market extend across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Microcarrier Global Market Report?
- Market Size Analysis: Analyze the Microcarrier size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Microcarrier for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Microcarrier growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Microcarrier.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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