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Microcarrier - Global Market Trajectory & Analytics

  • ID: 4805176
  • Report
  • April 2021
  • Region: Global
  • 373 pages
  • Global Industry Analysts, Inc
Global Microcarrier Market to Reach $1.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Microcarrier estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.7 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027. Equipment, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$424.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Consumables segment is readjusted to a revised 4.9% CAGR for the next 7-year period.



The U.S. Market is Estimated at $335.2 Million, While China is Forecast to Grow at 7.5% CAGR

The Microcarrier market in the U.S. is estimated at US$335.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$351.9 Million by the year 2027 trailing a CAGR of 7.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Select Competitors (Total 43 Featured):
  • Becton, Dickinson and Company
  • Corning, Inc.
  • Danaher Corporation
  • Eppendorf AG
  • GE Healthcare
  • HiMedia Laboratories
  • Lonza Group AG
  • Merck KgaA
  • Sartorius AG
  • Thermo Fisher Scientific, Inc.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • With Gradual Transition to Cell Based Production, Growing Demand for Cell Based Vaccines Fuels Market Growth
  • Vaccines Crucial Role in Tackling Rising Incidences of Infectious Diseases Presents Demand Opportunities in the Market: Global Vaccines Market (In US$ Billion) for the Years 2017, 2020 & 2022
  • Strong Demand for Biologics and Emerging Opportunities for Biosimilars Influence Market Prospects
  • Increasing Demand for Biologics Driven by Continuous Investments Extends Growth in the Market: Global Biologics Market (In US$ Billion) for the Years 2017, 2020 & 2023
  • Expanding Biosimilars Capabilities in Asia Pacific Triggers Demand in the Market
  • Rising Demand for Biosimilars in Asia Ramps up Market Prospects: Total Number of Biosimilars in Pipeline by Country (2018)
  • Pressing Need for Cost Effective Cell Production in Stem Cell and Gene Therapies Boosts Market Demand
  • With Cancer Related Conditions on the Rise in Asia, Ensuing Demand for Stem Cell and Gene Therapies Spurs Growth in the Global Market: Percentage (In %) Breakdown of New Cancer Cases by Geographic Region for the Year 2018
  • Ballooning VC Investments in the Biotech Space Drives Growth in the Market
  • Global Investment (In US$ Billion) in Biotech Space for the Years 2016, 2017 & 2018
  • Technological Advancements and New Product Launches Promise Cost Effective Cell Production
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 43
Note: Product cover images may vary from those shown
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