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.
An utter way to forecast what future holds is to comprehend the trend today which has been followed while preparing this microcarrier market report and chewing over several fragments of the present and upcoming market scenario. The microcarrier market report encompasses company profiling of key players in the market, carefully analyzing their core competencies, and drawing a competitive landscape for the market. It is always important to have valuable and actionable market insights for creating sustainable and profitable business strategies. This microcarrier market report endows with the plentiful insights and business solutions that will help to stay ahead of the competition.
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Key Market Competitors: Global Microcarrier Market
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 .
Competitive Analysis: Global Microcarrier Market
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.
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.
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
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Segmentation: Global Microcarrier Market
(Vaccine Manufacturing, Cell Therapy, Other Applications),
(Pharmaceutical and Biotechnology Companies, Research Institutes, Contract Research Organizations),
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)
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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