Press release
Microcarriers Market Expected to Reach USD 5,230.23 Million by 2034, Growing at a CAGR of 10.4%
Microcarriers Market
Market Overview:
Microcarriers are small, dense, porous particles that are utilized in several fields involving cell therapy and biotechnology. Basically, microcarrier beads span in size from 100 to 300 microns. They are normally made from biocompatible substances such as polystyrene, dextran, gelatin, or solubilizing material such as cross-linked polyglycolic acid (PGA).
The motive of microcarriers is to offer an extensive surface area for cell attachment, significantly enhancing the potential for cell proliferation compared to conventional flat cultures. Rather than being grown on a flat surface, cells are cultured on the platform of spherical microcarriers that stay in suspension in the course of stirring, with each microcarrier bearing hundreds of cells.
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Market Drivers:
Growing Progression in Cell Therapy: The rising advancements in cell therapy and regenerative medicines are notably driving the market. As demand for cell-dependent cures escalates, researchers and biopharmaceutical firms need productive, extensive cell-generation processes. Microcarriers offer a high surface area for cell addition, enabling the growth of adherent cells in bioreactors, which are important for regenerative medicine administration, catapulting the microcarriers market on a growth trajectory.
Rising Prevalence of Cancer: The growing prevalence of cancer and infectious diseases has increased the demand for progressive therapeutic approaches involving cell-dependent therapies and vaccines. Microcarriers play an important part in easing the extensive production of cells essential for these cures.
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Competitive Landscape:
The market is growing speedily, pushed by escalating end-user demand due to elements such as developing consumer choices, technological progressions, and elevated consciousness of the commodity's advantages. Major companies are noted below:
• BD
• Bio-Rad Laboratories, Inc.
• Corning Incorporated
• denovoMATRIX GmbH
• Eppendorf SE
• FUJIFILM Holdings Corporation
• HiMedia Laboratories Pvt. Ltd.
• Lonza Group Ltd.
• Merck KGaA
• Sartorius AG
• Thermo Fisher Scientific Inc.
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Microcarriers Market Developments:
October 2023: Kuraray Co., Ltd., headquartered in Chiyoda-ku, Tokyo and led by President Hitoshi Kawahara, developed PVA hydrogel microcarriers designed for cell cultures in regenerative medicine. These innovative products are scheduled for launch in Japan in January 2024, with plans to expand into the United States and other international markets.
October 2023: Semarion, a biotechnology company specializing in advanced cell culture solutions, launched its Early Adopter Programme for the SemaCyte Microcarrier Platform. This initiative aims to promote early adoption and integration of the new microcarrier technology within the scientific and research communities.
Regional Analysis:
The microcarriers market exhibits notable regional variations driven by economic conditions, technological advancements, and industry-specific demand.
North America held the largest market share in 2024 supported by a strong biopharmaceutical industry and sizeable funding in cell and gene therapy research.
Asia Pacific is witnessing the highest CAGR due to the growing funding in biotechnology and pharmaceutical sectors, particularly in nations such as China, Japan, and South Korea.
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Segmental Outlook:
By Product Outlook (Revenue-USD Million, 2020-2034)
• Consumables
• Equipment
By Application Outlook (Revenue-USD Million, 2020-2034)
• Biopharmaceutical Production
• Tissue Engineering & Regenerative Medicine
• Other Applications
By Therapy Outlook (Revenue-USD Million, 2020-2034)
• Cell & Gene Therapy
• Tissue Engineering
• Others
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