Market Overview:
The global microcarrier system market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for biotechnology and pharmaceutical products, rising research and development expenditure by biotechnology and pharmaceutical companies, and growing number of contract research organizations. However, the high cost of equipment is restraining the growth of this market. On the basis of type, the global microcarrier system market can be segmented into equipment, consumables, and microcarrier beads. The equipment segment is further sub-segmented into centrifuges/separators, mixers/stirrers, washers/dispensers, shakers/incubators (non-CO2), CO2 incubators shakers),and others (autoclaves). The consumables segment is further sub-segmented into media (serum free media or animal derived serum containing media), buffers (phosphate buffered saline or Tris buffer saline), antibiotics (ampicillin sodium salt or kanamycin sulfate) erythromycin base)], cryopreservation agents ([DMSO dimethyl sulfoxide] glycerol monostearate)),and others(protease inhibitors).
Product Definition:
A microcarrier system is a device that is used to culture cells in vitro. The cells are attached to small pieces of plastic called microcarriers, and the microcarriers are then suspended in a nutrient-rich solution. This allows the cells to grow and divide in a controlled environment. The importance of using a microcarrier system for cell culture is that it allows for greater control over the growth and division of cells, which can be important for research or therapeutic applications.
Equipment:
Microcarriers are small particles used in medical and pharmaceutical applications. Microcarriers are also known as nanoparticles or nanocarriers. They have a size of 1-100 nm, depending on the type of microcarrier system being used. Microcarrier systems can be classified based on their usage into blood purification, drug delivery, gene therapy & cell therapy targeting and diagnostics purposes.
Consumables:
Consumables are the materials or substances required to perform a specific task. In microcarrier system market, consumables can be categorized into two major groups, namely those that are consumed during the production of microcarriers and those that are consumed after production. The former group includes items such as carriers & fillers, additives & stabilizers while latter consists of products such as test kits and finished goods.
The global Consumables.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. Other microcarrier systems include biotechnology and pharmaceutical companies, manufacturers of culture equipment and media, research institutes, etc. The equipment used in these applications are generally purchased from other institutions or companies that offer discounts for bulk purchases.
Microcarrier beads are widely used across various applications such as drug screening & development (R&D), cell cultivation & proliferation studies (Molecular Biology), fermentation processes (Bioprocess Engineering) and product testing & evaluation programs conducted by regulatory authorities around the globe. These products help reduce costs associated with sample preparation while increasing efficiency of procedures performed at a laboratory level; this factor is expected to drive their demand in biotechnology R&D activities over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of microcarrier companies and research institutes. The region is expected to maintain its dominance over the forecast period due to continuous technological advancements in microarray technology and increasing R&D activities. Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising investments by governments for development of healthcare infrastructure, growing biotechnology industry, and expansion of pharmaceutical sector. In addition, increasing outsourcing activities from developed countries are also contributing towards regional growth. Moreover, with growing awareness about benefits offered by these systems among researchers from developing economies such as China & India has contributed significantly toward market growth in this region (Kumar & Srivastava 2015).
The European market consists primarily of Germany which accounts for more than 25% revenue share globally on account that it was one among first countries where these systems were commercialized (Baird 2006).
Growth Factors:
- Increasing demand for single-use systems in biopharmaceutical and laboratory applications
- Rising demand for cell-based therapies and regenerative medicine
- Growing popularity of microcarrier systems for large-scale production of therapeutic proteins
- Proliferation of contract manufacturing organizations (CMOs) that offer microcarrier services
- Advances in technology that improve the efficiency and scale of microcarrier systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Microcarrier System Market Research Report
By Type
Equipment, Consumables, Microcarrier Beads
By Application
Biotechnology and Pharmaceutical Companies, Manufacturers of Culture Equipment and Media, Research Institutes, Others
By Companies
General Electric Company, Thermo Fisher Scientific Inc., Lonza Group, Eppendorf, HiMedia Laboratories, Merck KGaA, Danaher Corporation, Becton, Dickinson and Company, Corning Incorporated, The Sartorius Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Microcarrier System Market Report Segments:
The global Microcarrier System market is segmented on the basis of:
Types
Equipment, Consumables, Microcarrier Beads
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Biotechnology and Pharmaceutical Companies, Manufacturers of Culture Equipment and Media, Research Institutes, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- General Electric Company
- Thermo Fisher Scientific Inc.
- Lonza Group
- Eppendorf
- HiMedia Laboratories
- Merck KGaA
- Danaher Corporation
- Becton
- Dickinson and Company
- Corning Incorporated
- The Sartorius Group
Highlights of The Microcarrier System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Equipment
- Consumables
- Microcarrier Beads
- By Application:
- Biotechnology and Pharmaceutical Companies
- Manufacturers of Culture Equipment and Media
- Research Institutes
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microcarrier System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A microcarrier system is a type of air conditioning unit that uses smaller, more efficient units to cool the room. This technology can be more energy-efficient and help save on your utility bills.
Some of the key players operating in the microcarrier system market are General Electric Company, Thermo Fisher Scientific Inc., Lonza Group, Eppendorf, HiMedia Laboratories, Merck KGaA, Danaher Corporation, Becton, Dickinson and Company, Corning Incorporated, The Sartorius Group.
The microcarrier system market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Microcarrier System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Microcarrier System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Microcarrier System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Microcarrier System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Microcarrier System Market Size & Forecast, 2018-2028
4.5.1 Microcarrier System Market Size and Y-o-Y Growth
4.5.2 Microcarrier System Market Absolute $ Opportunity
Chapter 5 Global Microcarrier System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Microcarrier System Market Size Forecast by Type
5.2.1 Equipment
5.2.2 Consumables
5.2.3 Microcarrier Beads
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Microcarrier System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Microcarrier System Market Size Forecast by Applications
6.2.1 Biotechnology and Pharmaceutical Companies
6.2.2 Manufacturers of Culture Equipment and Media
6.2.3 Research Institutes
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Microcarrier System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Microcarrier System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Microcarrier System Analysis and Forecast
9.1 Introduction
9.2 North America Microcarrier System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Microcarrier System Market Size Forecast by Type
9.6.1 Equipment
9.6.2 Consumables
9.6.3 Microcarrier Beads
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Microcarrier System Market Size Forecast by Applications
9.10.1 Biotechnology and Pharmaceutical Companies
9.10.2 Manufacturers of Culture Equipment and Media
9.10.3 Research Institutes
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Microcarrier System Analysis and Forecast
10.1 Introduction
10.2 Europe Microcarrier System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Microcarrier System Market Size Forecast by Type
10.6.1 Equipment
10.6.2 Consumables
10.6.3 Microcarrier Beads
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Microcarrier System Market Size Forecast by Applications
10.10.1 Biotechnology and Pharmaceutical Companies
10.10.2 Manufacturers of Culture Equipment and Media
10.10.3 Research Institutes
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Microcarrier System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Microcarrier System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Microcarrier System Market Size Forecast by Type
11.6.1 Equipment
11.6.2 Consumables
11.6.3 Microcarrier Beads
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Microcarrier System Market Size Forecast by Applications
11.10.1 Biotechnology and Pharmaceutical Companies
11.10.2 Manufacturers of Culture Equipment and Media
11.10.3 Research Institutes
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Microcarrier System Analysis and Forecast
12.1 Introduction
12.2 Latin America Microcarrier System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Microcarrier System Market Size Forecast by Type
12.6.1 Equipment
12.6.2 Consumables
12.6.3 Microcarrier Beads
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Microcarrier System Market Size Forecast by Applications
12.10.1 Biotechnology and Pharmaceutical Companies
12.10.2 Manufacturers of Culture Equipment and Media
12.10.3 Research Institutes
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Microcarrier System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Microcarrier System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Microcarrier System Market Size Forecast by Type
13.6.1 Equipment
13.6.2 Consumables
13.6.3 Microcarrier Beads
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Microcarrier System Market Size Forecast by Applications
13.10.1 Biotechnology and Pharmaceutical Companies
13.10.2 Manufacturers of Culture Equipment and Media
13.10.3 Research Institutes
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Microcarrier System Market: Competitive Dashboard
14.2 Global Microcarrier System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 General Electric Company
14.3.2 Thermo Fisher Scientific Inc.
14.3.3 Lonza Group
14.3.4 Eppendorf
14.3.5 HiMedia Laboratories
14.3.6 Merck KGaA
14.3.7 Danaher Corporation
14.3.8 Becton
14.3.9 Dickinson and Company
14.3.10 Corning Incorporated
14.3.11 The Sartorius Group
