Microcarriers Market Size, Scope, Growth & Outlook 2030

Microcarriers Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis By Product (Media and Reagents, and Microcarrier Beads), Equipment (Bioreactors, Culture Vessels, and Others), Application (Biopharmaceutical Production, Cell and Gene Therapy, Tissue Engineering and Regenerative Medicine, and Others), End User (Pharmaceutical and Biotechnology Companies, Contract Research Organizations & Contract Manufacturing Organizations, and Academic & Research Institutes), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)

  • Report Code : TIPBT00002183
  • Category : Biotechnology
  • Status : Published
  • No. of Pages : 185
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The microcarriers market size is projected to grow from US$ 1,625.84 million in 2022 to US$ 4,178.86 million by 2030; the market is estimated to record a CAGR of 12.5% during 2022-2030.

Market Insights and Analyst View:

Microcarriers are used in a variety of applications, from cell culture to drug delivery. They are employed to stimulate the growth of cells in culture media by providing a larger surface area for cell attachment. They can be used in applications such as vaccine production, biopharmaceuticals, and stem cell research. The microcarrier market's growth is attributed to the growing demand for cell-based vaccines and therapeutics, the rising incidence of various diseases and disorders like diabetes, cancer, hemophilia, rheumatoid arthritis, and others, huge investments for the development of innovative therapies, and consistent technological advancements in cell biology research.

Companies operating in the microcarriers market are focusing on strategic developments such as collaborations, expansions, agreements, partnerships, and new product launches, which help them improve their sales, expand their geographic reach, and enhance their capacities to cater to a larger than existing customer base. For instance, in October 2023, Kuraray Co., Ltd. developed PVA hydrogel microcarriers for cell cultures used in regenerative medicine. The product is scheduled for launch in January 2024 in Japan and overseas, beginning in the US.

Growth Drivers:

Need for Cell Therapies with Rising Incidence of Cancer and Infectious Diseases

World Health Organization (WHO) states that the global burden of cancer is estimated to rise to 27.5 million new cases and 16.3 million mortalities by 2040. The American Cancer Society projected 1,918,030 new cancer cases and 609,360 related deaths in the US for the year 2022, including nearly 350 deaths/day from lung cancer, which is a major cause of cancer mortality. According to the Australian Institute of Health and Welfare, there were more than 324,000 hospitalizations for infectious diseases, and more than 4,700 hospitalizations due to COVID-19 infection in Australia in 2020–2021. Further, a total of 1.6 million people died from tuberculosis (TB) in 2021 (including 187,000 people with HIV). TB ranks 13th in the leading causes of mortality and 2nd among the major causes of deaths due to infectious diseases worldwide, after COVID-19 (above HIV and AIDS).

The increasing incidence of diseases where cell therapy can be effectively applied, such as cancers, urinary problems, autoimmune diseases, and infectious diseases, is associated with the growth of the microcarriers market. Microcarriers are small spheres or particles (typically 90–300 µm in diameter) used for culturing adherent cells in stirred-tank bioreactors. With the growing incidence of cancer and various infectious diseases, the need for proper medication and vaccines arises, which favors the microcarriers market growth.

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Microcarriers Market: Strategic Insights

microcarrier-market
Market Size Value inUS$ 1,625.84 million in 2022
Market Size Value byUS$ 4,178.86 million by 2030
Growth rateCAGR of 12.5% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
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Report Segmentation and Scope:

The “microcarriers market” is segmented on the basis of product, equipment, application, and end user. Based on product, the market is bifibracted into microcarrier beads and media & reagents. The microcarriers market, by equipment, is segmented into bioreactors, culture vessels, and others. Based on application, the market is segregated into biopharmaceutical production, cell and gene therapy, tissue engineering and regenerative medicine, and others. The biopharmaceutical production segment is subsegmented into therapeutic protein and vaccine production. Based on end user, the market is segmented into pharmaceutical and biotechnology companies, contract research organizations and contract manufacturing organizations, and academic and research institutes.

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Segmental Analysis:

Based on product, the microcarriers market is divided into microcarrier beads, and media and reagents. In 2022, the microcarrier beads segment held the largest market share, and same is estimated to register the fastest CAGR of 12.8% during 2022–2030. Growing cell biology research, demand for regenerative medicines and biopharmaceuticals, and the presence of multiple manufacturers and suppliers contribute to the considerable market growth of microcarrier beads. Extensive product offerings and continuous developments in microcarrier technology offer lucrative opportunities for the growth of key market players. Major companies such as Sartorius AG offer microcarrier beads that are free of animal components and proteins coated.

Microcarriers Market, by Product – 2022 and 2030

biotechnology
Microcarriers Market, by Product – 2022 and 2030
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Based on equipment, the microcarriers market is segmented into bioreactors, culture vessels, and others. In 2022, the bioreactors segment held the largest market share, and same is estimated to register the fastest CAGR of 12.8% during 2022–2030. Bioreactors are manufacturing devices or vessels in which biological reactions are carried out; they are used to grow microorganisms such as yeast, bacteria, or animal cells in an appropriate environment under controlled conditions. A microcarrier-based bioreactor allows the real-time off-line monitoring of cell growth, and quality and metabolite analyses, which can be utilized to detect errors and rectify them immediately.

Based on application, the microcarriers market is segmented into biopharmaceutical production, cell and gene therapy, tissue engineering and regenerative medicine, and others. In 2022, the biopharmaceutical production segment held the largest market share, and the same is estimated to register the fastest CAGR of 13.1% during 2022–2030. The biopharmaceutical production segment is further subsegmented into therapeutic production and vaccine production. Microcarriers are an established technology in the biopharmaceutical industry, which, in combination with stirred-tank bioreactors, can provide the necessary environment for large-scale production of adherent cells. Biodegradable materials used in the production of microcarriers can solve in vitro disease modeling.

Based on end user, the microcarriers market is segmented into pharmaceutical and biotechnology companies, contract research organizations and contract manufacturing organizations, and academic and research institutes. The pharmaceutical and biotechnology companies segment held the largest market share in 2022. The same segment is estimated to register the highest CAGR of 12.9% in the market during the forecast period. Pharmaceutical companies hold a major share of the total medicine production. Pharmaceutical manufacturing processes are often based on biotechnology principles that involve the use of bacteria to produce insulin, human growth hormone, and other products. Pharmaceutical and biotechnological industries have witnessed extensive growth in the past decade, mainly due to increased R&D activities and regulatory approvals for the introduction of new microbial products. Such a massive scale of innovation is projected to drive the adoption of bioreactors in pharmaceutical and biotechnological manufacturing in the coming years, eventually favoring the microcarriers market growth.

Regional Analysis:

Based on geography, the global microcarriers market is segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa. In 2022, North America contributed the largest share of the global microcarriers market size. Asia Pacific is expected to register the highest CAGR during 2022–2030.

The microcarriers market in North America is split into the US, Canada, and Mexico. The growth of the market in the region is attributed to factors such as the increasing number of product launches by biotechnology and biopharmaceutical companies, the presence of key market players, and extensive R&D by various academic and research institutes. The US is the largest contributor to the microcarriers market in North America and the world. Market growth in the US is mainly attributed to the rising prevalence of chronic diseases. As per the Centers for Disease Control and Prevention (CDC), 6 in 10 Americans live with at least 1 chronic disease, such as diabetes or heart disease and stroke, cancer. These diseases are the significant causes of mortality and disability in the US, and they also lead to significant costs of healthcare. There have been extensive clinical developments in the field of cell and gene therapies (CGT), owing to which the application range of these therapies has expanded in the past 5 years. With the approval of 12 new therapies and the commencement of over 2,900 clinical trials during 2016–2021, there have been extensive investments in CGT innovations. Technological advancements in gene editing, followed by clinical trials to evaluate the therapeutic effectiveness of the technique, are the other factors that have benefitted the microcarriers market in the US. Poseida Therapeutics, Inc. received the US Food and Drug Administration (FDA) approval for its Investigational New Drug (IND) application for P-CD19CD20-ALLO1—the company's first allogeneic dual CAR-T cell product candidate targeting both CD19 and CD20 antigens for the treatment of relapsed or refractory B-cell malignancies—being developed in partnership with Roche. In April 2023, Novel allogeneic CAR T-cell therapy delivered results in patients with metastatic clear cell renal cell carcinoma.

Increased participation and investments in clinical trials can accelerate the adoption and availability of new therapies. Researchers at the University of Texas MD Anderson Cancer Center led the Phase I trial and presented at the American Association for Cancer Research (AACR) Annual Meeting 2023 to represented the researchers’ continuing efforts to advance clinical studies and expand possible suggestions of approved drugs to develop a podium for more effective treatments and to improve patient outcomes. In August 2023, Astellas Pharma Inc. and Poseida Therapeutics, Inc. announced a strategic investment to support the advancement of Poseida's commitment to redefining cancer cell therapy. Astellas invested US$ 50 million to license one of Poseida's clinical-stage programs on P-MUC1C-ALLO1, an allogeneic CAR T-cell therapy for multiple solid tumor indications. Thus, the demand for microcarriers is on the rise in the US with the increasing number of chronic disease cases, and approval of different cell and gene therapies.

Industry Developments and Future Opportunities:

Various initiatives taken by leading players operating in the microcarriers market are listed below:

  1. In June 2023, Teijin Ltd introduced new nonwoven microcarriers for the rapidly growing large-scale cell culture. This scaffolding substance promotes three-dimensional adhesion, facilitating the growth of a variety of cell types.
  2. In May 2022, Saint-Gobain Life Sciences released beadMATRIX for mesenchymal stromal cells (MSCs). beadMATRIX are ready-to-use, pre-coated microcarriers free of animal components that are used to cultivate superior MSCs in vitro. Shaker bags, stirred tanks, vertical wheel bioreactors, and shaker flasks are the perfect environments for beadMATRIX.
  3. In June 2023, NOVA, a Saint-Gobain Life Sciences’ investment arm, announced an investment into denovoMATRIX. As an extension of the master service agreement that focuses on products related to the stem cell therapy market, both parties aimed to consolidate their relationship, thereby leveraging the global reach of Saint-Gobain Life Sciences and the innovative product line of the denovoMATRIX team.

Competitive Landscape and Key Companies:

Teijin Ltd, Bio-Rad Laboratories Inc, denovoMATRIX GmbH, Sartorius AG, Danaher Corp, Corning Inc, Eppendorf SE, Percell Biolytica AB, Asahi Kasei Corp, and Polysciences Inc are the prominent microcarriers market companies. These companies focus on new technologies, upgrading of existing products, and geographic expansions to meet the growing consumer demand worldwide.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Product, Equipment, Application, End User, and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What are the driving factors for the Microcarriers Market?

The growth of the market is attributed to the need for cell therapies with rising incidence of cancer and infectious diseases, and increasing popularity of outsourcing cell and gene therapy manufacturing boost the market growth. However, the high cost of biologics and cell-based therapies hampers the market growth.

Which segment is dominating the Microcarriers Market?

The Microcarriers Market is analyzed on product, equipment, application, and end users. Based on product, the market is segmented into microcarrier beads and media & reagents. Based on equipment, the market is segmented into bioreactors, culture vessels, and others. Based on application, the market is segmented into biopharmaceutical production, cell and gene therapy, tissue engineering and regenerative medicine, and others. The biopharmaceutical production segment is subsegmented into therapeutic protein and vaccine production. Based on end user, the market is segmented into pharmaceutical and biotechnology companies, contract research organizations and contract manufacturing organizations, and academic and research institutes.

Who are the major players in the Microcarriers Market?

The Microcarriers Market majorly consists of the players such as Teijin Ltd, Bio-Rad Laboratories Inc, denovoMATRIX GmbH, Sartorius AG, Danaher Corp, Corning Inc, Eppendorf SE, Percell Biolytica AB, Asahi Kasei Corp, Polysciences Inc.

What is Microcarriers Market?

Microcarriers provide an efficient way to analyze biological data collected from different cell types. This data can be used to discover new drugs and therapies. The rising demand for automated and miniaturized products is anticipated to drive the growth of the microcarriers market. Additionally, the increasing demand for specialized products and services is also expected to contribute to the growth of the microcarrier industry.

The List of Companies - Microcarriers Market

  1. Teijin Ltd
  2. Bio-Rad Laboratories Inc
  3. denovoMATRIX GmbH
  4. Sartorius AG
  5. Danaher Corp
  6. Corning Inc
  7. Eppendorf SE
  8. Percell Biolytica AB
  9. Asahi Kasei Corp
  10. Polysciences Inc

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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