Microcarrier Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030

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Microcarrier Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030

Status : July, 2021 | Biotechnology

Report Digest


Global Microcarrier Market: Overview

The transition from stainless-steel bioreactors to single-use bioreactors, as well as increased investment on research and development activities by  biotechnology and pharmaceutical companies, are likely to drive growth of the global microcarrier market in the years to come. Rising demand for cell-based therapeutics and vaccines, the accelerated growth of the biologics and biosimilar sector, and increased research and development activities and financing for cell therapy research are all likely to benefit the global microcarrier market.

Many of the new biologics in the process of development are for indications that are dominated by small molecules and have a broad patient population. This means that biologics could make inroads into a number of non-traditional biologic disease areas in the near future and it could benefit from improved therapeutic efficacy. In addition to that, this creates room for the biosimilar industry to expand.

The “global microcarrier market” research makes an inclusion of main market segments such as equipment, consumables, microcarrier, application, end user, and regional markets. It also comprises a look at the current attractiveness of the global microcarrier market over the forecast timeframe of 2020 to 2030.

Global Microcarrier Market: Key Trends

Microcarriers assist in the development of cost-effective cells by minimizing both variable and fixed costs in large-scale production. The current situation has changed as a result of technological developments, and the importance of microcarriers in cell therapy has risen. Dissolvable microcarriers, for example, are presently available in the market and are made up of cross-linked polysaccharide polymers, which can be easily dissolved at the time of cell harvesting process. There is no need for separation since the microcarriers are fully dissolved, and the downstream process runs smoothly. As a result, these microcarriers are thought to be useful beads for large-scale cell therapy or cell production.

Cell culture is becoming a more important aspect of vaccine development in the pharmaceutical industry. Previously, vaccines were produced by cultivating and extracting viruses in chicken eggs, which was a lengthy process. Due to its  ability to manufacture vaccines in greater quantities as required and shorter lead time, cell-based vaccine development has emerged as a much more efficient approach in this regard. Clinical studies have shown that cell-based vaccines are as reliable, healthy, and efficacious as egg-based vaccines, in addition to these advantages. These benefits are likely to foster growth of the global microcarrier market over the analysis timeline.

Global Microcarrier Market: Competitive Assessment

A number of companies are prioritizing various stages of organic development, such as brand releases, patents,product approvals, and research and development activities. Acquisitions, alliances, and agreements are all considered inorganic growth strategies in this sector.

Some of the well-known players in the global microcarrier market are listed below:

  • Becton, Dickinson and Company
  • Thermo Fisher Scientific Inc
  • Reaction Biology Corporation
  • Danaher Corporation
  • Charles River Laboratories
  • PerkinElmer, Inc.

Global Microcarrier Market: Regional Assessment

The global microcarrier market is likely to be led by the North America. This is primarily due to the region's growing gene and cell therapy research, as well as the programs that support it. The American Society of Gene and Cell Therapy, for example, is responsible for financing research and is also pushing biotech and biopharmaceutical firms to develop their R&D activities.

Furthermore, one of the major factors likely to drive the microcarrier market in North America region is the rapid and high growth of the biologics and biosimilars industry in the US.

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5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?