Microcarrier Market Size (2024 - 2029)

The microcarrier market is experiencing growth driven by the increasing demand for cell-based vaccines and therapeutics, alongside the rapid expansion of the biologics and biosimilar industry. This growth is further supported by the rising research and development activities and funding for cell therapy research. The market's potential is enhanced as manufacturing technologies, such as microcarrier-based synthesis, advance, leading to more effective therapies and reduced costs. The expansion of biologics into non-traditional disease areas and the growth of the biosimilar market also contribute to the positive outlook for the market size during the forecast period.

Market Size of Microcarrier Industry

Microcarrier Market Summary
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

Microcarrier Market Major Players

*Disclaimer: Major Players sorted in no particular order

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 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
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
Need A Different Region Or Segment?
Customize Now

Microcarrier Market Size Summary

The microcarrier market is poised for significant growth, driven by the increasing demand for cell-based vaccines and therapeutics, alongside the rapid expansion of the biologics and biosimilar industry. This growth is further supported by heightened research and development activities and the availability of funding for cell therapy research. The market is witnessing a shift as biologics begin to target non-traditional disease areas, enhancing therapeutic efficacy and expanding the biosimilar market. Microcarriers play a crucial role in this landscape by facilitating cost-effective cell production, which is essential for large-scale manufacturing. Technological advancements, such as the development of dissolvable microcarriers, are enhancing the efficiency of cell therapy applications, thereby reducing production costs and streamlining downstream processes.

North America is expected to hold the largest share of the microcarrier market, driven by robust gene and cell therapy research and supportive associations like the American Society of Gene and Cell Therapy. The region's growth is further bolstered by the rapid advancement of the biologics and biosimilar industry, particularly in the United States. The market is characterized by the presence of global players such as Thermo Fisher Scientific, Sartorius AG, Eppendorf AG, Danaher Corporation, and Merck KGaA, with increasing competition as new entrants emerge. These companies are focusing on providing microcarriers that enable large-scale and cost-effective production, which is crucial for the continued expansion of cell therapy applications.

Explore More

Microcarrier Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rising Demand for Cell-based Vaccines and Therapeutics

      2. 1.2.2 Rapid Growth of Biologics and Biosimilar Industry

      3. 1.2.3 Increasing R&D and Availability of Funding for Cell Therapy Research

    3. 1.3 Market Restraints

      1. 1.3.1 High Cost of Biologics and Cell-based Therapies

      2. 1.3.2 Possible Drawbacks of Microcarrier Cultures

    4. 1.4 Porter's Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Material Type

      1. 2.1.1 Alginate-Based

      2. 2.1.2 Collagen-Based

      3. 2.1.3 Dextran-Based

      4. 2.1.4 Polystyrene-Based

      5. 2.1.5 Others

    2. 2.2 By Application

      1. 2.2.1 Cell Therapy

      2. 2.2.2 Vaccine Manufacturing

      3. 2.2.3 Other Applications

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

      2. 2.3.2 Europe

        1. 2.3.2.1 Germany

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 France

        4. 2.3.2.4 Italy

        5. 2.3.2.5 Spain

        6. 2.3.2.6 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 India

        4. 2.3.3.4 Australia

        5. 2.3.3.5 South Korea

        6. 2.3.3.6 Rest of Asia-Pacific

      4. 2.3.4 Middle East and Africa

        1. 2.3.4.1 GCC

        2. 2.3.4.2 South Africa

        3. 2.3.4.3 Rest of Middle East and Africa

      5. 2.3.5 South America

        1. 2.3.5.1 Brazil

        2. 2.3.5.2 Argentina

        3. 2.3.5.3 Rest of South America

Microcarrier Market Size FAQs

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.

In 2024, the Microcarrier Market size is expected to reach USD 2.03 billion.

Microcarrier Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)