Microcarrier Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.03 Billion |
| Market Size (2029) | USD 2.70 Billion |
| CAGR (2024 - 2029) | 5.82 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Microcarrier Market Analysis
The Microcarrier Market size is estimated at USD 2.03 billion in 2024, and is expected to reach USD 2.70 billion by 2029, growing at a CAGR of 5.82% during the forecast period (2024-2029).
The microcarrier market is majorly driven by factors such as rising demand for cell-based vaccines and therapeutics, the rapid growth of biologics and biosimilar industry, and increasing R&D and availability of funding for cell therapy research.
Many of the current biologics in the pipeline are targeting the indications, which are small-molecule dominated and have a large patient pool. This represents that in the forecast period the trend of biologics could enter several of the non-traditional biologic disease areas, which could benefit from the increased therapeutic efficacy. Furthermore, this is also providing the room to the biosimilar market to grow.
In terms of medical efficacy, therapeutic spread, and population access biopharmaceuticals have vast potential, and much of this potential is still untapped. This potential can gradually be realized as manufacturing technologies, such as microcarrier based synthesis make progress, which may lead to commercialization of more effective therapies, increased manufacturing efficacy, and reduced therapy costs. Hence, owing to such rapid growth of the biologics and biosimilar industry, the market is positively affected.
Microcarrier Market Trends
This section covers the major market trends shaping the Microcarrier Market according to our research experts:
Cell Therapy is Expected to Show Fastest Growth by Application, Over the Forecast Period
Microcarriers help in cost-effective cell production i.e they contribute to reducing fixed as well as variable costs during the large scale manufacturing. With technological advancements, the current scenario has changed and the significance of microcarriers in cell therapy has increased. For instance, dissolvable microcarriers are currently there in the market that is composed of cross-linked polysaccharide polymers that can be efficiently dissolved during the cell harvest step. As the microcarriers get completely dissolved, there is no need for the separation and simply, the downstream process goes well. Therefore, these microcarriers are considered as beneficial beads for large scale cell production or cell therapy application.
Along with the above-mentioned statements, another factor that is responsible for the growth of cell therapy applications of microcarriers is that companies are currently focusing on the provision of microcarriers that contribute to the large scale and cost-effective production. For example Corning Incorporated provides dissolvable microcarriers. These factors boost the growth in cell therapy applications.
North America is Expected to Dominate the Market Over the Forecast Period
North America region is believed to have the largest share in the microcarrier market. This is majorly due to the rising gene and cell therapy research in the region along with the associations that are supporting this research. For instance, the American Society of Gene and Cell Therapy is responsible for the funding of the research and also, this society is forcing the biopharmaceutical and biotech companies to improve their R&D.
Along with that, the United States is witnessing high and rapid growth in the biologics and biosimilar Industry which is one of the major factors driving the microcarrier market in this region.
Microcarrier Industry Overview
The Microcarrier market is mostly inclusive of the global players and few companies that are currently dominating the market include Thermo Fisher Scientific, Sartorius AG, Eppendorf AG, Danaher Corporation (Pall Corporation), and Merck KGaA. The competition in the market is expected to increase as new companies are also coming up in the market.
Microcarrier Market Leaders
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Thermo Fisher Scientific
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Merck KGaA
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Eppendorf AG
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Danaher Corporation
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Sartorius AG
*Disclaimer: Major Players sorted in no particular order
Microcarrier Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Rising Demand for Cell-based Vaccines and Therapeutics
- 4.2.2 Rapid Growth of Biologics and Biosimilar Industry
- 4.2.3 Increasing R&D and Availability of Funding for Cell Therapy Research
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4.3 Market Restraints
- 4.3.1 High Cost of Biologics and Cell-based Therapies
- 4.3.2 Possible Drawbacks of Microcarrier Cultures
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Material Type
- 5.1.1 Alginate-Based
- 5.1.2 Collagen-Based
- 5.1.3 Dextran-Based
- 5.1.4 Polystyrene-Based
- 5.1.5 Others
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5.2 By Application
- 5.2.1 Cell Therapy
- 5.2.2 Vaccine Manufacturing
- 5.2.3 Other Applications
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 United Kingdom
- 5.3.2.3 France
- 5.3.2.4 Italy
- 5.3.2.5 Spain
- 5.3.2.6 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 South Korea
- 5.3.3.6 Rest of Asia-Pacific
- 5.3.4 Middle East and Africa
- 5.3.4.1 GCC
- 5.3.4.2 South Africa
- 5.3.4.3 Rest of Middle East and Africa
- 5.3.5 South America
- 5.3.5.1 Brazil
- 5.3.5.2 Argentina
- 5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Danaher Corporation
- 6.1.2 Eppendorf AG
- 6.1.3 VWR International LLC
- 6.1.4 Lonza Group Ltd
- 6.1.5 Merck KGaA
- 6.1.6 Thermo Fisher Scientific Inc.
- 6.1.7 Sartorius AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityMicrocarrier Industry Segmentation
A microcarrier is a support matrix, which allows the growth of adherent cells in bioreactors. In the large-scale commercial production of biologics and vaccines, microcarriers are employed to grow virus-generating or protein-producing adherent cell populations. As per the scope of the report, the microcarrier market includes various equipment and consumables, such as bioreactors, reagents, cell counters, and culture vessels in addition to microcarrier beads.
| By Material Type | Alginate-Based | |
| Collagen-Based | ||
| Dextran-Based | ||
| Polystyrene-Based | ||
| Others | ||
| By Application | Cell Therapy | |
| Vaccine Manufacturing | ||
| Other Applications | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle East and Africa | GCC |
| South Africa | ||
| Rest of Middle East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Microcarrier Market Research FAQs
How big is the Microcarrier Market?
The Microcarrier Market size is expected to reach USD 2.03 billion in 2024 and grow at a CAGR of 5.82% to reach USD 2.70 billion by 2029.
What is the current Microcarrier Market size?
In 2024, the Microcarrier Market size is expected to reach USD 2.03 billion.
Who are the key players in Microcarrier Market?
Thermo Fisher Scientific, Merck KGaA, Eppendorf AG, Danaher Corporation and Sartorius AG are the major companies operating in the Microcarrier Market.
Which is the fastest growing region in Microcarrier Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Microcarrier Market?
In 2024, the Asia Pacific accounts for the largest market share in Microcarrier Market.
What years does this Microcarrier Market cover, and what was the market size in 2023?
In 2023, the Microcarrier Market size was estimated at USD 1.92 billion. The report covers the Microcarrier Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Microcarrier Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Microcarrier Industry Report
Statistics for the 2024 Microcarrier market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Microcarrier analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
