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Microcarrier Market by Equipment, Consumables, Microcarriers, Application - Global Forecast to 2023

Microcarrier Market: Global Forecast until 2023

  • July 2018
  • 195 pages
  • ID: 5472849
In this report:
The global microcarriers market is expected to reach USD ##.## billion by 2023 from USD ##.## billion in 2018, at a CAGR of ##.##%.
This market is expected to reach USD ##.## million by 2023 from USD ##.## million in 2018, at a CAGR ##.##% during the forecast period.
This market is expected to reach USD ##.## million by 2023 from USD ##.## million in 2018, at a CAGR of ##.##% during the forecast period.


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Increasing demand for cell therapies to drive increase in the microcarriers market

The microcarriers market is estimated to grow ~$1.6B by 2023 from ~$1.2B in 2018, at a compound annual growth rate (CAGR) of 6.00 percent. Increase in this industry is influenced by the increasing demand for cell-based vaccines, technological improvements, and the availability of public and private funding for cell-based research. On the other hand, Elements such as the high cost of cell biology research and limitations in the production of high-density cell culture are likely to hinder market increase to a certain extent.

The consumables segment is anticipated to rise at the maximal CAGR during the outlook period

Established on product, the microcarriers market is split into equipment and consumables.The equipment market is further divided into bioreactors, culture vessels, cell counters, filtration devices, and accessories.

The consumables market is divided into media, reagents, and microcarrier beads.The consumables segment is projected to record the maximal CAGR (Compound annual growth rate) during the estimate period.

The continuous consumption of several microcarrier beads, media, and reagents for distinct culture processes and applications is the main factor supporting the increase of this segment during the outlook period.

The cell therapy segment is expected to record the maximal compound annual growth rate (CAGR) during the estimate period

By application, the sector is divided into vaccine manufacturing, cell therapy, and other applications. The cell therapy segment is projected to register the highest CAGR (Compound annual growth rate) during the forecast period due to the growing demand for stem cell therapies and the need for scaling-up the production of stem cells.

China (CN) to register the maximum growth rate in the medical device connectivity market during the outlook period

The USA recorded for the biggest share of the microcarriers market.Nevertheless, China (CN) is anticipated to grow at the highest compound annual growth rate (CAGR) in the estimate period.

Increasing initiatives for discovery-based research activities are likely to boost the increase of the microcarriers market in China (CN) during the outlook period.

Break of primary members taking part was as mentioned below:

• By Company category - Tier 1 - 38.0 percent, Tier 2 - 43.0 percent and Tier 3 - 19.0 percent

• By Description - C-suite - 26.0 percent, D-level - 45.0 percent, Others - 29.0 percent

• By Area - North America continent - 41.0 percent, Europe (EU) - 25.0 percent, Asia Pacific (APAC) - 20.0 percent, RoW - 14.0 percent

The main players in the microcarriers market contain Thermo Fisher Scientific, Merck KGaA (MKGA), GE Healthcare (GE subsidiary), Danaher (NYSE:DHR), Corning Incorporated, Lonza, Becton Dickinson (NYSE:BDX), Becton, Dickinson and Company (BD) (NYSE:BDX), Eppendorf AG, HiMedia Laboratories, and Sartorius AG.

Segment Research

The industry report examines the microcarriers market and aims at estimating the market value and upcoming growth potential of this market established on different segments including product, application, and end user.The study also comprises competitive review of the top actors in this sector together with their company descriptions, product offerings, latest developments, and key industries strategies.

This market report offers market information on regional industries.

Reasons to Buy the Report

The analysis will increase established companies as well as new entrants/smaller companies to measure the pulse of the sector, which in turn would help garner a greater share. Companies obtaining the market research could use one or any combination of the below mentioned five strategies.

This business report offers business insights on these pointers:

• Market Uptake: Exhaustive data on product types provided by the top actors in the microcarriers market. This industry report examines the sector by product, application, end-user, and area

• Product Development/Innovative products: In-depth understanding on the next trends and recent product launches in the microcarriers market

• Market Development: Highlighted information about the profitable emerging sectors for microcarriers

• industry diversification: Complete information about recent products, increasing regions, recent evolutions, and market investments in the microcarriers market

• opposing assessment: Detailed assessment of market shares, increase strategies, and products, of the key players in the microcarriers market

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