The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s microcarrier market report forecasts the microcarrier market size to grow to $2.85 Billion by 2027, with a CAGR (compound annual growth rate) of almost 9%.

Learn More On The Microcarrier Market Report 2023 – https://www.thebusinessresearchcompany.com/report/microcarrier-global-market-report

Microcarrier Market Size Forecast
The global microcarrier market is expected to grow from $1.8 billion in 2022 to $2.02 billion in 2023 at a compound annual growth rate (CAGR) of 12.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The microcarrier market size is expected to grow to $2.85 billion in 2027 at a CAGR of 8.9%.

North America held the largest microcarrier market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Microcarrier Market Driver ­– Increase In The Prevalence Of Cancer Cases Propels
For instance, in September 2020, according to the data published by the National Cancer Institute, a US-based government agency, part of the National Institutes of Health, 1,806,590 new cancer cases were recorded, out of which 43% of all cancer diagnosed in men, in the United States in 2020, increased from 1,752,735 recorded in the previous year, i.e., 2019. Therefore, the increasing prevalence of cancer cases propels the growth of the microcarrier market.

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Key Microcarrier Market Trend – Technological Advancement
The market has witnessed the use of microcarrier bead technology to allow developers to develop adherent cell cultures at related densities in single-use bioreactors. It is a technique for imprinting adherent cells onto carriers, which are then developed in SUT reactor designs and scaled for clinical and commercial production volumes. Major players in the microcarrier sector are focused on technological advancements to sustain their market position. For instance, In May 2022, denovoMATRIX, a Germany-based designer that produces biomaterials, launched a novel microcarrier to advance cell and gene therapy manufacturing. This microcarrier expands the availability of high-quality mesenchymal stromal cells (MSCs) for stem cell-based therapies. This beadMATRIX product allows MSC proliferation and harvest in Xeno/serum-free media with high efficiency and stemness.

Microcarrier Market Segment
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

Microcarrier Market Major Players and Strategies
Major players in the microcarrier market are Thermo Fisher Scientific, Merck Group, GE Healthcare, Corning Inc., Lonza Group AG, Sartorius AG, Eppendorf, HiMedia Laboratories Pvt. Ltd., Chemometec, CESCO Bioengineering, Tantti Laboratory Inc., Solida Biotech, VWR International, Cytiva, Sigma Aldrich and Esco VacciXcell.

In April 2020, Sartorius AG, a Germany-based pharmaceutical and laboratory equipment company engaged in bioprocess solutions, acquired Danaher Life Sciences for $825 million. This sale involves multiple businesses acquisition of Danaher Life Sciences, such as label-free biomolecular characterization, chromatography hardware and resins, microcarriers and particle validation standards, single-use tangential flow filtration systems, and stainless steel hollow fiber tangential flow filtration systems. Danaher made these sales to obtain regulatory approval for its acquisition of GE Biopharma, now known as Cytiva. Danaher Corporation is a US-based science and technology innovator company.

The Microcarrier Global Market Report 2023 covers regional data on microcarrier market size, microcarrier market trends and drivers, opportunities, strategies, and microcarrier market competitor analysis. The countries covered in the microcarrier market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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.

View More Reports Related To The Microcarrier Market –
Microbiome Global Market Report 2023
Microbiology Diagnostic Devices And Equipment Global Market Report 2023
Carrier Screening Market Report 2023

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