Global Microcarrier Market Report (2018) by Equipment, Consumables, Microcarriers and Application: Forecast to 2023 – CAGR to Grow at 6% – ResearchAndMarkets.com

The “Microcarrier
Market by Equipment (Bioreactor, Culture Vessels, Cell Counter,
Filtration System), Consumables (Sera, Serum Free Media), Microcarriers
(Cationic, Collagen, Protein coated), Application (Vaccines, Cell
Therapy) – Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s
offering.

The microcarriers market is projected to reach USD 1.61 billion by 2023
from USD 1.2 billion in 2018, at a CAGR of 6%.

Growth in this market is driven by the rising demand for cell-based
vaccines, technological advancements, and the availability of public and
private funding for cell-based research. On the other hand, factors such
as the high cost of cell biology research and limitations in the
production of high-density cell culture are likely to hinder market
growth to a certain extent.

Based on product, the microcarriers market is segmented into equipment
and consumables. The equipment market is further segmented into
bioreactors, culture vessels, cell counters, filtration devices, and
accessories. The consumables market is subsegmented into media,
reagents, and microcarrier beads. The consumables segment is expected to
register the highest CAGR during the forecast period. The continuous
consumption of various microcarrier beads, media, and reagents for
different culture processes and applications is the key factor
supporting the growth of this segment during the forecast period.

By application, the market is segmented into vaccine manufacturing, cell
therapy, and other applications. The cell therapy segment is expected to
register the highest CAGR during the forecast period due to the
increasing demand for stem cell therapies and the need for scaling-up
the production of stem cells.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Microcarriers Market, By Product

6 Microcarriers Market, By Application

7 Microcarriers Market, By End User

8 Microcarriers Market, By Region

9 Competitive Landscape

10 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/plrvrt/global?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180710005749/en/

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