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Global Microcarrier Market, Size, Share, Forecast 2022-2027, Industry Trends, Growth, Impact of COVID-19, Opportunity Company Analysis

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    Report

  • 130 Pages
  • February 2022
  • Region: Global
  • Renub Research
  • ID: 5546178
Global Microcarrier Market is estimated to reach US$ 2.24 Billion by 2027. Globally, a microcarrier is a non-toxic finely particulate material used to grow cells in a suspension or a support matrix, which facilitates the growth of adherent cells in a bioreactor. Recently, microcarrier-based cell culture has attracted significant attention from scientists and technologists worldwide. Besides, microcarrier technology has advantages for producing significant numbers of functional cells and maintaining their unique phenotypes as a powerful source of cell therapy and tissue engineering. With improved microcarrier materials, especially purely natural-material microcarriers, tissue engineering has a bright future.

Global Microcarrier Is Expected to Expand at a CAGR of 7.1% During 2021-2027:


Over the years, factors such as the increasing incidence of diseases demanding cell therapy and boosting R&D funding by research institutes and biopharmaceutical companies have played a critical role in market expansion. Further, the rising demand for monoclonal antibodies for the targeted treatment of cancer and other chronic disorders is expected to create significant opportunities for market growth during the forecast period. In addition, the increasing prevalence of cancer cases is playing an essential role in developing the microcarrier market. Also, the growing demand for cell-based vaccines is fuelling the market's growth over the forecast period.

COVID-19 Is Anticipated to Have a Noteworthy Impact On the Microcarrier Market:


In our report, we have closely observed the impact of COVID-19 on the global microcarrier market. After WHO officially announced COVID-19 as a pandemic, several renowned pharmaceutical companies, research institutes, and start-ups geared their R&D efforts to devise drugs and vaccines for infectious diseases. Further, due to advanced R&D activities and funding, the need for cell culture products, including microcarrier products, is anticipated to grow over the subsequent years. This will provide a significant stimulus to the global market for microcarriers. As per this research report, Global Microcarrier Market was US$ 1.48 Billion in 2021.

Consumables Segment Is Expected to Gain Traction by Grappling Market:


By Product, the global microcarrier market is segmented into equipment and consumables. The consumables segment is expected to gain market share by grappling the market through 2021, and the trend is likely to persist during the forecast period. As per our analysis, the blossoming of this segment can be attributed to the rising adoption of microcarrier beads, media, and reagents for various applications, including cell culture procedures.

A Surge in Usage in Research Institutes as End-Users:


Over the past decades, microcarriers of a broad range with various physicochemical properties have been utilized and commercialized amongst end-users. As per our analysis, Pharmaceutical and Biotechnology Companies, Research Institutes, and CROs are the major end-user segments of the microcarriers market. As per our analysis, microcarriers are utilized in various research institutes to help manage patient health. Innovation, discovery, and development in the microcarriers segment, which are helping in making patient management more efficient, are creating a demand for microcarriers.

By Application, Cell and Gene Therapy Show Fastest Growth over the Forecast Period:


Microcarriers are helping in cost-effective cell and gene therapy, i.e., they reduce fixed and variable costs during large-scale manufacturing. The current scenario has changed with technological advancements, and the significance of microcarriers in cell therapy has increased. Along with the statements mentioned above, another factor liable for the expansion of cell therapy applications of microcarriers is that companies are presently focusing on the requirement of microcarriers that donate to large-scale and cost-effective production.

North America is Envisioned to Dominate the Market Over the Forecast Period:


As per our analysis, the North American region is believed to have the largest share in the microcarrier market. The rising gene and cell therapy analysis in the area and the associations sponsoring this research are the major factors supporting its growth. For instance, the American Society of Gene and Cell Therapy are liable for funding the research; this society is compelling the biopharmaceutical and biotech companies to improve their R&D. Besides, the United States is also glimpsing high and rapid augmentation in the biologics and biosimilar Industry. It is one of the influential factors propelling the microcarrier market in the North American region.

Competitive Landscape:


The Microcarrier market is primarily inclusive of the global players, and few companies that are currently dominating the market. The companies working in the sector are Thermo Fisher Scientific, Merck KGaA, Eppendorf AG, Danaher Corporation, Sartorius AG, Lonza Group, Getinge AB Series B, GE Healthcare, Corning Inc and Becton, Dickinson, and Company. The competition in the market is anticipated to increase as new companies are also coming up in the market. These companies prioritize diverse stages of organic development, such as brand releases, patents, product approvals, and research and development activities. Acquisitions, alliances, and agreements are all considered inorganic growth strategies in this sector.

This latest research report “Microcarrier Market, Global Forecast By Product (Equipment and Consumables), Applications (Biopharmaceutical Production,Cell and Gene Therapy, Tissue Engineering and Regenerative Medicine and Other Applications), End Use (Pharmaceutical & Biotechnology Companies, Contract Research Organizations & Contract Manufacturing Organizations and Academic and Research Institutes), Region (North America, Europe, Asia Pacific and Rest of World), Companies (Thermo Fisher Scientific, Merck KGaA, Eppendorf AG, Danaher Corporation, Sartorius AG, Lonza Group, Getinge AB Series B, GE Healthcare, Corning Inc and Becton, Dickinson, and Company)” provides a detailed analysis of Microcarriers Industry.

Product - Global Microcarriers Market have been covered from 2 viewpoints:


  • Equipment
  • Consumables

Application - Global Microcarriers Market have been covered from 4 viewpoints:


  • Biopharmaceutical Production
  • Cell and Gene Therapy
  • Tissue Engineering and Regenerative Medicine
  • Other Applications

End Use - Global Microcarriers Market have been covered from 3 viewpoints:


  • Pharmaceutical & Biotechnology Companies
  • Contract Research Organizations & Contract Manufacturing Organizations
  • Academic and Research Institutes

Region - Global Microcarriers Market have been covered from 4 viewpoints:


  • North America
  • Europe
  • Asia-Pacific
  • ROW

Company Insights:


  • Overview
  • Recent Development
  • Revenue

Key Players:


  • Thermo Fisher Scientific
  • Merck KGaA
  • Eppendorf AG
  • Danaher Corporation
  • Sartorius AG
  • Lonza Group
  • Getinge AB Series B
  • GE Healthcare
  • Corning Inc
  • Becton, Dickinson and Company
Frequently Asked Questions about the Global Microcarrier Market

What is the estimated value of the Global Microcarrier Market?

The Global Microcarrier Market was estimated to be valued at $1.5 Billion in 2021.

What is the growth rate of the Global Microcarrier Market?

The growth rate of the Global Microcarrier Market is 7.1%, with an estimated value of $2.2 Billion by 2027.

What is the forecasted size of the Global Microcarrier Market?

The Global Microcarrier Market is estimated to be worth $2.2 Billion by 2027.

Who are the key companies in the Global Microcarrier Market?

Key companies in the Global Microcarrier Market include Thermo Fisher Scientific, Merck KGaA, Eppendorf AG, Danaher Corporation, Sartorius AG, Lonza Group, Getinge AB Series B, GE Healthcare and Becton, Dickinson and Company.

Table of Contents

1. Introduction2. Research & Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
4.3 Opportunities
5. Global Microcarriers Market
6. Market Share - Global Microcarriers Analysis
6.1 By Product Type
6.2 By Application
6.3 By End Use
6.4 By Region
7. Product - Global Microcarriers Market
7.1 Equipment
7.2 Consumables
8. Application - Global Microcarriers Market
8.1 Biopharmaceutical Production
8.2 Cell and Gene Therapy
8.3 Tissue Engineering and Regenerative Medicine
8.4 Other Applications
9. End Use - Global Microcarriers Market
9.1 Pharmaceutical & Biotechnology Companies
9.2 Contract Research Organizations & Contract Manufacturing Organizations
9.3 Academic and Research Institutes
10. Region - Global Microcarriers Market
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Rest of World
11. Merger and Acquisitions12. Value Chain Analysis
13. Porters Five Forces
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14. Key Players
14.1 Thermo Fisher Scientific
14.1.1 Overview
14.1.2 Recent Development
14.1.3 Revenue
14.2 Merck KGaA
14.2.1 Overview
14.2.2 Recent Development
14.2.3 Revenue
14.3 Eppendorf AG
14.3.1 Overview
14.3.2 Recent Development
14.3.3 Revenue
14.4 Danaher Corporation
14.4.1 Overview
14.4.2 Recent Development
14.4.3 Revenue
14.5 Sartorius AG
14.5.1 Overview
14.5.2 Recent Development
14.5.3 Revenue
14.6 Lonza Group
14.6.1 Overview
14.6.2 Recent Development
14.6.3 Revenue
14.7 Getinge AB Series B
14.7.1 Overview
14.7.2 Recent Development
14.7.3 Revenue
14.8 GE Healthcare
14.8.1 Overview
14.8.2 Recent Development
14.8.3 Revenue
14.9 Corning Inc
14.9.1 Overview
14.9.2 Recent Development
14.9.3 Revenue
14.10 Becton, Dickinson and Company
14.10.1 Overview
14.10.2 Recent Development
14.10.3 Revenue
List of Figures
Figure 01: Global Microcarriers Market (Million US$), 2016 - 2021
Figure 02: Global - Forecast for Global Microcarriers Market (Million US$), 2022 - 2027
Figure 03: Product - Equipment Market (Million US$), 2016 - 2021
Figure 04: Product - Forecast for Equipment Market (Million US$), 2022 - 2027
Figure 05: Product - Consumables Market (Million US$), 2016 - 2021
Figure 06: Product - Forecast for Consumables Market (Million US$), 2022 - 2027
Figure 07: Application - Biopharmaceutical Production Market (Million US$), 2016 - 2021
Figure 08: Application - Forecast for Biopharmaceutical Production Market (Million US$), 2022 - 2027
Figure 09: Application - Cell and Gene Therapy Market (Million US$), 2016 - 2021
Figure 10: Application - Forecast for Cell and Gene Therapy Market (Million US$), 2022 - 2027
Figure 11: Application - Tissue Engineering and Regenerative Medicine Market (Million US$), 2016 - 2021
Figure 12: Application - Forecast for Tissue Engineering and Regenerative Medicine Market (Million US$), 2022 - 2027
Figure 13: Application - Other Applications Market (Million US$), 2016 - 2021
Figure 14: Application - Forecast for Other Applications Market (Million US$), 2022 - 2027
Figure 15: End Use - Pharmaceutical & Biotechnology Companies Market (Million US$), 2016 - 2021
Figure 16: End Use - Forecast for Pharmaceutical & Biotechnology Companies Market (Million US$), 2022 - 2027
Figure 17: End Use - Contract Research Organizations & Contract Manufacturing Organizations Market (Million US$), 2016 - 2021
Figure 18: End Use - Forecast for Contract Research Organizations & Contract Manufacturing Organizations Market (Million US$), 2022 - 2027
Figure 19: End Use - Academic and Research Institutes Market (Million US$), 2016 - 2021
Figure 20: End Use - Forecast for Academic and Research Institutes Market (Million US$), 2022 - 2027
Figure 21: North America - Microcarriers Market (Million US$), 2016 - 2021
Figure 22: North America - Forecast for Microcarriers Market (Million US$), 2022 - 2027
Figure 23: Europe - Microcarriers Market (Million US$), 2016 - 2021
Figure 24: Europe - Forecast for Microcarriers Market (Million US$), 2022 - 2027
Figure 25: Asia-Pacific - Microcarriers Market (Million US$), 2016 - 2021
Figure 26: Asia-Pacific - Forecast for Microcarriers Market (Million US$), 2022 - 2027
Figure 27: Rest of World - Microcarriers Market (Million US$), 2016 - 2021
Figure 28: Rest of World - Forecast for Microcarriers Market (Million US$), 2022 - 2027
Figure 29: Thermo Fisher Scientific - Global Revenue (Million US$), 2016 - 2021
Figure 30: Thermo Fisher Scientific - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 31: Merck KGaA - Global Revenue (Million US$), 2016 - 2021
Figure 32: Merck KGaA - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 33: Eppendorf AG - Global Revenue (Million US$), 2016 - 2021
Figure 34: Eppendorf AG - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 35: Danaher Corporation - Global Revenue (Million US$), 2016 - 2021
Figure 36: Danaher Corporation - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 37: Sartorius AG - Global Revenue (Million US$), 2016 - 2021
Figure 38: Sartorius AG - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 39: Lonza Group - Global Revenue (Million US$), 2016 - 2021
Figure 40: Lonza Group - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 41: Getinge AB Series B - Global Revenue (Million US$), 2016 - 2021
Figure 42: Getinge AB Series B - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 43: GE Healthcare - Global Revenue (Million US$), 2016 - 2021
Figure 44: GE Healthcare - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 45: Corning Inc - Global Revenue (Million US$), 2016 - 2021
Figure 46: Corning Inc - Forecast for Global Revenue (Million US$), 2022 - 2027
Figure 47: Becton, Dickinson and Company - Global Revenue (Million US$), 2016 - 2021
Figure 48: Becton, Dickinson and Company - Forecast for Global Revenue (Million US$), 2022 - 2027
List of Tables
Table 01: Global - Microcarriers Market Share by Product Type (Percent), 2016 - 2021
Table 02: Global - Forecast for Microcarriers Market Share by Product Type (Percent), 2022 - 2027
Table 03: Global - Microcarriers Market Share by Application (Percent), 2016 - 2021
Table 04: Global - Forecast for Microcarriers Market Share by Application (Percent), 2022 - 2027
Table 05: Global - Microcarriers Market Share by End User (Percent), 2016 - 2021
Table 06: Global - Forecast for Microcarriers Market Share by End User (Percent), 2022 - 2027
Table 07: Global - Microcarriers Market Share by Region (Percent), 2016 - 2021
Table 08: Global - Forecast for Microcarriers Market Share by Region (Percent), 2022 - 2027

Companies Mentioned

  • Thermo Fisher Scientific
  • Merck KGaA
  • Eppendorf AG
  • Danaher Corporation
  • Sartorius AG
  • Lonza Group
  • Getinge AB Series B
  • GE Healthcare
  • Corning Inc
  • Becton, Dickinson and Company

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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