Global microcarrier market is set to rise from its initial estimated value of USD 1208.77 million in 2018 to an estimated value of USD 1912.11 million in 2026, registering a CAGR of 5.9% in the forecast period of 2019-2026. This rise in market value can be attributed to increasing demand for vaccines that are cell-based and advancements in technology.
The microcarrier market report is a window to the industry which talks about what market definition, classifications, applications, engagements and market trends are. This report analyzes the status and future forecast involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast in the major regions of the world. While formulating this market report, client business competence is understood adeptly to identify tangible growth opportunities. It provides the key manufacturers, presenting the sales, revenue, market share, and recent development for key players. The microcarrier report makes some important proposals for a new project of IVD industry before evaluating its feasibility.
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Key Market Competitors:
Few of the major competitors currently working in the microcarrier market are Fisher Scientific, Merck KGaA, and GENERAL ELECTRIC, Danaher Corporation, Corning Incorporated, Lonza, Becton, Dickinson and Company, Eppendorf AG, HiMedia Laboratories, and Sartorius AG .
Global microcarrier market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of microcarrier market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Increasing demand for mammalian cells in the research institutes and biopharmaceuticals industry is expected to drive the market growth
Availability of private and public funding for research based on cells is also expected to drive the market growth
High cost of research on cell biology is expected to restrain the market growth
Limitations in of high-density cell culture production is also expected to restrain the market growth
Segmentation: Global Microcarrier Market
Untreated Microcarrier Beads
Protein-Coated Microcarriers Application
Pharmaceutical & Biotechnology Companies
Contract Research Organizations
Middle East and Africa
Key Developments in the Market:
In February 2018, Corning Incorporated and CytoSMART Technologies B.V. announced an agreement for cell counting device. Corning Incorporated would become an exclusive supplier of CytoSMART Technologies B.V ‘s new cell counter.
In February 2018, Sartorius Stedim Biotech (SSB) launched a mini bioreactor vessel for ambr 250 high throughput (ht) systems. It is designed for the growth of adherent cells on microcarriers and to enable scalable cell culture and rapid process development of vaccines.
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Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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