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Microcarrier Market Size Worth USD 4431.12 Million in 2030 | Emergen Research

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Microcarrier Market Size Worth USD 4431.12 Million in 2030 | Emergen Research

September 16
03:07 2022
Microcarrier Market Size Worth USD 4431.12 Million in 2030  | Emergen Research
Emergen Research
Increasing demand for 3D culture as well as efficient vaccines and therapeutic drugs is a key factor driving microcarrier market revenue growth

The latest research report, titled ‘Global Microcarrier Market’, can be considered a profound analysis of the global Microcarrier industry that focuses on crucial data and information pertaining to the sales and revenue shares. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Microcarrier market. The report offers a holistic coverage of the Microcarrier market, laying emphasis on the key factors influencing the industrial growth, technological developments taking place in the industry, and current and emerging trends witnessed in the leading regional markets.

The global microcarrier market size was USD 1833.77 Million in 2021 and is expected to register a revenue CAGR of 10.3% during the forecast period, according to latest analysis by Emergen Research. Rising prevalence of various diseases, such as cancer and cardiovascular diseases, growing population, and significant investments in research & development projects especially for cell and gene therapies are primary key factors driving market revenue growth.

High demand for scaling up cell production, especially for vaccine manufacturing, owing to surge in number of outbreak incidences, such as COVID-19, Ebola Virus Disease (EVD), and monkeypox, is contributing to growth of the microcarrier market. On 8 October 2021, Ministry of Health in Democratic Republic of the Congo (DRC) announced an outbreak of EVD in Beni Health Zone, North Kivu Province. Various research studies for development of stirred single-use bioreactors in combination with Microcarriers (MCs) as well as biodegradable MC is expected to drive market growth. Rising demand for tissue engineering and cell-based therapies, which involves utilization of Mesenchymal Stromal Cells (MSC) owing to its multilineage differentiation potential, intrinsic immunomodulatory, and trophic activities is increasing need for microcarrier for scalable production.

Moreover, cell culture techniques are crucial for the study involving animal cell structure, differentiation, and function as well as production of various biologic materials such as enzymes, vaccines, hormones, antibodies, nucleic acids, and interferons. Microcarrier technology makes it possible to obtain higher cell densities than traditional static culture systems, resulting in requirement of less laboratory and storage space as well as reduced labor required for routine production. These factors are increasing need for microcarriers for different cell culture manufacturing, which is driving market revenue growth.

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Global Microcarrier Market Report – Segmental Analysis:

The global Microcarrier business vertical has been extensively categorized on the basis of product type, application gamut, end-user industries, and a competitive overview. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further estimates the prospective growth of the leading regional segments of the market, which is beneficial for readers to gain impactful insights into the Microcarrier business sector. A clear outline of the competitive landscape of the market is expected to help businesses involved in this sector decipher the optimal business moves to reach their desired business goals.

Emergen Research has segmented the global microcarrier market based on component, application, end-users, and region:

Product Outlook (Revenue, USD Million; 2019-2030)

Microcarrier equipment

Filtration systems

Culture vessels

Bioreactors

Cell counters

Consumables

Reagents

Microcarrier beads

Media

Application Outlook (Revenue, USD Million; 2019-2030)

Cell & gene therapy

Biopharmaceutical production

Others

End-Users Outlook (Revenue, USD Million; 2019-2030)

Pharmaceutical & biotechnology companies

Academic & research institutes

Others

Key Geographies Profiled in the Report:

North America(the U.S., Mexico, and Canada)

Asia Pacific(China, Japan, India, and Rest of Asia Pacific)

Europe(the U.K., France, Germany, and Rest of Europe)

Latin America(Brazil and Rest of Latin America)

Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

Get access to the full description of the report @ https://www.emergenresearch.com/industry-report/microcarrier-market

Competitive Outlook:

This section of the report performs a thorough investigation into the intensely competitive landscape of the global Microcarrier market, highlighting the leading manufacturers, strategic initiatives adopted by them, the existing growth prospects, market positions, and market shares held by each participant.  The report further emphasizes the developmental strategies undertaken by these companies, including product innovation, new product launches, and technological upgradation. Moreover, the report studies the notable business events observed in this industry, such as mergers & acquisitions, joint ventures, partnerships, corporate deals, and brand promotions.  The key industry participants include:

Thermo Fisher Scientific, Cytiva, Merck KGaA, General Electric Company, Corning Incorporated, Danaher, Eppendorf SE, Sartorius AG, BD, and Lonza.On 18 July 2022, researchers from Tsinghua university and Nanjing Agricultural University in China cultured muscle cells and fat cells separately, in the laboratory for development of lab-grown pork meatballs, which would have more protein and less fat comparatively to conventional meat. Culturing meat in the lab requires less land space and helps in reducing greenhouse emissions associated with traditional animal rearing. Cultured cells were put together in a 3D-printed mold and then used an enzyme to create centimeter-scale meatballs. Cells were grown on an edible 3D microcarrier, which was made out of porous gelatin and offered significant cell expansion with accelerated pace.

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Key Objectives of the Global Microcarrier Market Report:

An all-inclusive analysis and forecast estimation of the market have been included in this report.

The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Microcarrier market and its leading players.

The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.

The report, additionally, presents a comprehensive analysis of the key elements of the Microcarrier market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis, to offer strategic recommendations to the new entrants on how to overcome the entry-level barriers.

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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