Microcarrier Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

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Overview and Scope
Microcarrier refers to a support array that enables adherent cells to increase in bioreactors. Microcarriers focus on providing anchorage or a connection surface for suspended cell cultures, which aids in cell viability. It aids in increasing cell numbers and maintaining the proper phenotype for tissue repair and its function restoration.

Sizing and Forecast
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 growth in the historic period can be attributed to growing demand for cell-based vaccines, increasing government initiatives, increased private funding for cell and gene therapy, rising burden of infectious diseases, growing r&d activities to provide therapeutic effective vaccine results.

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%. The growth in the forecast period can be attributed to increasing prevalence of cancer cases, growing demand for cell-based vaccines, rising burden of infectious and chronic diseases, increasing r&d activities, growing demand for regenerative medicine. Major trends in the forecast period include 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.

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Segmentation & Regional Insights
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

North America was the largest region in the microcarrier market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the microcarrier market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
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.

Key Industry Players
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

The microcarrier market report table of contents includes:

1. Executive Summary
2. MicrocarrierMarket Characteristics
3.Microcarrier Market Trends And Strategies
4.MicrocarrierImpact Of COVID-19
5.Microcarrier Market Size And Growth
6.Microcarrier Segmentation
7.Microcarrier Regional And Country Analysis
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27.Microcarrier Competitive Landscape And Company Profiles
28.Microcarrier Key Mergers And Acquisitions
29.Microcarrier Future Outlook and Potential Analysis

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