Microcarrier Market size worth $ 1,906.98 Million, Globally, by 2027 at 5.52% CAGR: Verified Market Research®

The increasing prevalence of cancer cases is playing a major role in the growth of the Microcarrier Market. In addition, the growing demand for cell based vaccines is fueling the growth of the market over the forecast period.


Jersey City, New Jersey, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Verified Market Research recently published a report, “Microcarrier Market” By Product (Consumables and Equipment), By Application (Vaccine Manufacturing, Cell Therapy, and Others), By End-User (Pharmaceutical and Biotechnology Companies, Research Institutes, and CROs), and By Geography. According to Verified Market Research, the Global Microcarrier Market size was valued at USD 1,271.04 Million in 2019 and is projected to reach USD 1,906.98 Million by 2027, growing at a CAGR of 5.52% from 2020 to 2027.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=28917

Browse in-depth TOC onMicrocarrier Market

202 - Pages

126 – Tables

37 – Figures

Global Microcarrier Market Overview

The increasing prevalence of cancer cases is playing a major role in the growth of the Microcarrier Market. In addition, the growing demand for cell-based vaccines is fueling the growth of the market over the forecast period. However, the high cost of cell biology research and the unavailability of inexpensive serum-free media are some of the factors likely to hamper the growth of the market.

Clinical trials have proved that cell-based vaccines are as effective, safe, and efficacious as egg-based vaccines. In recent years there has been a surge in cell-based vaccines. With a large number of cell culture-based viral vaccines in the pipeline, there is a need to maximize manufacturing capacity by increasing yield, thereby reducing cost and making vaccines more accessible to the developing world. The use of Microcarriers enables manufacturers to increase the number of cells that can be cultured in one tank, enabling more efficient large-scale production in greater than 1,000-liter bioreactors. New Microcarriers such as dissolvable Microcarriers and temperature-sensitive Microcarriers are now making it possible for optimizing manufacturing using adherent cells. Cell biology involves extensive R&D on new therapies such as stem cell and gene therapies.

The equipment, reagents, and other products associated with research must be of the highest quality to provide accurate results. Owing to the growing need to maintain high-quality standards (through the use of high-grade products) and comply with guidelines set up by regulatory bodies, the cost of cell biology research has risen considerably. As a result, various academic institutes and small-scale companies with limited budgets cannot afford to conduct cell biology research. Since Microcarriers find applications in stem cell biology, this factor is likely to be a hindrance to market growth.

Key Developments

  • Thermo Fisher Scientific announced that it was investing nearly USD 24 million in its biologics site at Inchinnan, Scotland, to boost its ability to manufacture cell culture media.
  • Clover Biopharmaceuticals choose GE’s FlexFactory biomanufacturing platform for the production of biological fusion protein products, including innovative drugs and biosimilars.

Key Players

The major players in the market are Thermo Fisher Scientific Inc., Merck KGaA, General Electric (GE), Eppendorf AG, Becton, Dickinson and Company (BD), and Others.

Verified Market Research has segmented the Global Microcarrier Market On the basis of Product, Application, End-User, and Geography.

  • Microcarrier Market, By Product
    • Consumables
    • Equipment


  • Microcarrier Market, By Application
    • Vaccine Manufacturing
    • Cell Therapy
    • Others


  • Microcarrier Market, By End-User
    • Pharmaceutical and Biotechnology Companies
    • Research Institutes
    • CROs


  • Microcarrier Market by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Single-Use Bioreactors Market By Application (Process Development, Research and Development (R&D)), By End User (Pharmaceutical & Biopharmaceutical Companies, CROs & CMOs), By Product (Single-use Bioreactor Systems, Single-use Media Bags), By Molecule Type (Monoclonal Antibodies, Vaccines), By Geography, Forecast, 2021-2028

Viral Vectors And Plasmid DNA Manufacturing Market By Product Type (Viral Vectors, Plasma DNA, Non-Viral DNA Vectors), By Application (Cancer, Inherited Disorder, Infectious Diseases, and Others), By End Product (DNA Vaccines, Gene Therapy, Immunotherapy, and Others), By Geography, Forecast, 2021-2028

Tick-Borne Encephalitis Inactivated Vaccine Market By Virus Type (Siberian TBE Virus, Far Eastern TBE Virus, European TBE Virus), By End-User (Traveler Vaccines, Pediatric Vaccines, Adult Vaccines), By Geography, Forecast, 2021-2028

Quadrivalent Flu Vaccine Market By Type (Intradermal Shot, Intramuscular Injection, Nasal Spray), By Distribution Channel (Hospital And Pharmacy, Government Supplier), By Geography, Forecast, 2021-2028

10 Leading Vaccine Manufacturers offering immunity against the deadly viruses

Visualize Microcarrier Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals, and critical revenue decisions.

Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

 

Contact Data