Download Free Sample Report

Global Microcarrier Consumable Market Research Report 2024(Status and Outlook)

Global Microcarrier Consumable Market Research Report 2024(Status and Outlook)

  • Published on : 22 October 2024
  • Pages :122
  • Report Code:SMR-8014085

Download Report PDF Instantly

Leave This Empty:

Secure

Report overview

The global Microcarrier Consumables market size was valued at US$ 1.28 billion in 2024 and is projected to reach US$ 2.15 billion by 2030, at a CAGR of 9.0% during the forecast period 2024-2030.

The United States Microcarrier Consumables market size was valued at US$ 412.6 million in 2024 and is projected to reach US$ 675.3 million by 2030, at a CAGR of 8.6% during the forecast period 2024-2030.

Microcarrier consumables are small beads or particles used in bioreactors for the culture of adherent cells in large-scale bioprocessing, particularly in the production of vaccines, cell therapies, and biologics.

The global Microcarrier Consumables market is experiencing robust growth, driven by the expanding biopharmaceutical industry and increasing adoption of cell-based therapies. In 2023, the vaccine production segment accounted for 45% of the market share, followed by cell therapy at 30% and biologics at 25%. The COVID-19 pandemic significantly boosted market growth, with a 25% increase in microcarrier demand observed in 2020-2021 for vaccine production. The market is characterized by a high degree of innovation, with an average of 5.7% of revenue invested in R&D by leading companies.

Synthetic microcarriers are gaining traction, growing at a CAGR of 11.2% and expected to reach 40% market share by 2030, up from 28% in 2023. The Asia-Pacific region is the fastest-growing market, with a CAGR of 10.5%, driven by increasing biomanufacturing capabilities in countries like China and South Korea. In 2023, global cell culture capacity reached 17 million liters, with microcarrier-based processes accounting for approximately 15% of this capacity. The market faces challenges from alternative technologies like single-use bioreactors, but the superior scalability of microcarrier systems continues to drive adoption.

In the U.S., the cell therapy segment is particularly strong, growing at 9.8% annually, fueled by FDA approvals of new therapies (10 approvals in 2023 alone). The market is moderately concentrated, with the top 5 players holding 65% market share. Regulatory compliance remains a key factor, with GMP-grade microcarriers commanding a premium and accounting for 70% of market value. Sustainability is emerging as a focus area, with biodegradable microcarriers projected to grow at a CAGR of 15.2% through 2030, albeit from a small base of 5% market share in 2023.

Report Overview

A microcarrier is a support matrix allowing for the growth of adherent cells in bioreactors.

Microcarrier Consumable Market provides a deep insight into the global Microcarrier Consumable market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Microcarrier Consumable Market, Microcarrier Consumable Market introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, Microcarrier Consumable Market is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Microcarrier Consumable market in any manner.

Global Microcarrier Consumable Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

  • Thermo Fisher
  • GE Healthcare
  • Corning
  • Sartorius
  • Danaher
  • Merck
  • Becton, Dickinson
  • Eppendorf
  • Hi-Media Laboratories
  • Lonza Group
Market Segmentation (by Type)
  • Bioreactors
  • Culture Vessels
  • Filtration Systems
  • Cell Counters
  • Accessories
Market Segmentation (by Application)
  • Vaccine Manufacturing
  • Cell Therapy
  • Other
Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Microcarrier Consumable Market
  • Overview of the regional outlook of the Microcarrier Consumable Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter.