Europe Microcarriers Market Size, Share, and COVID-19 Impact Analysis, By Consumable (Media & Reagents, Microcarrier Beads, and Others), By End-Use (Pharmaceutical & Biotechnology Companies, Contract Research Organizations & Contract Manufacturing Organizations, and Academic & Research Institutes), and Europe Microcarriers Market Insights, Industry Trend, Forecasts to 2033

Industry: Healthcare

RELEASE DATE Nov 2024
REPORT ID SI7563
PAGES 190
REPORT FORMAT PathSoft

Europe Microcarriers Market Insights Forecasts to 2033

  • The Europe Microcarriers Market Size was valued at USD 486.9 Million in 2023.
  • The Market is Growing at a CAGR of 9.74% from 2023 to 2033
  • The Europe Microcarriers Market Size is Expected to Reach USD 1233.4 Million by 2033

 

Europe Microcarriers Market

Get more details on this report -

Request Free Sample PDF

 

The Europe Microcarriers Market Size is Anticipated to Reach USD 1233.4 Million by 2033, growing at a CAGR of 9.74% from 2023 to 2033

 

Market Overview

Microcarriers are tiny, solid, or porous particles utilized to promote cell growth and attachment within bioreactors. They are usually spherical or cylindrical and vary in size from 100 to 350 μm in diameter. Composed of different materials such as gelatin, dextran, polystyrene, glass, cellulose, and polyester, microcarriers serve various purposes. In Europe, they are employed for anchorage-dependent cell culture, which is vital for the production of biopharmaceuticals, tissue engineering, and scientific research. These particles offer an increased surface area for cell attachment, improving productivity and scalability in areas like vaccine production and monoclonal antibody synthesis. Microcarriers support a range of cell types, including stem cells, making them adaptable tools in advanced therapeutic applications. They play a crucial role in advancing biotechnological progress in Europe, aiding in the industry's growth and enhancing treatment options. Ongoing advancements in microcarriers are expected to lead to notable improvements in biotechnology and regenerative medicine.

 

Report Coverage

This research report categorizes the market for the Europe microcarriers market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Europe microcarriers market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Europe microcarriers market.

 

Europe Microcarriers Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 486.9 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :9.74%
2033 Value Projection:USD 1233.4 Million
Historical Data for:2019-2022
No. of Pages:190
Tables, Charts & Figures:100
Segments covered:By Consumable, By End-Use
Companies covered::Sartorius AG, Eppendorf AG, Merck KGaA, Lonza, Becton Dickinson and Company (BD), denovoMATRIX, Thermo Fisher Scientific Inc., Corning Incorporated, And Other Key Vendors
Pitfalls & Challenges:Covid-19 Empact, Challenges, Growth, Analysis

Get more details on this report -

Request Free Sample PDF
 

Driving Factors

The European microcarriers market is influenced by several significant factors. The rising need for biopharmaceuticals requires effective cell culture systems, where microcarriers are essential for scaling production. Innovations in technology enhance the performance of microcarriers, leading to improved yield and productivity in bioprocessing. Moreover, the increasing emphasis on personalized medicine and regenerative therapies heightens the demand for reliable cell culture solutions. Support from regulatory bodies for biomanufacturing processes further propels market expansion. Additionally, the growing incidence of chronic diseases drives investment in research and development, thereby increasing the need for advanced bioprocessing tools, including microcarriers, throughout Europe.

 

Restraining Factors

The microcarriers market in Europe encounters various limiting factors. Expensive advanced microcarrier technologies may hinder adoption, particularly for smaller companies. Moreover, the intricate nature of regulatory requirements could delay the entry of new products into the market. Additionally, the presence of alternative cell culture techniques may create competition, which could impede growth in the microcarriers sector.

 

Market Segmentation

The Europe microcarriers market share is classified into consumable and end-use.

  • The microcarrier beads segment is expected to hold the largest market share through the forecast period.

The European microcarriers market is segmented by consumables into media & reagents, microcarrier beads, and others. Among these, the microcarrier beads segment is expected to hold the largest market share through the forecast period. Bead technology is effective in facilitating high-density cell proliferation and straightforward scalability for biopharmaceutical manufacturing. Its wide range of applications, such as vaccine creation and cell therapy, adds to its attractiveness. Moreover, continuous progress in bead technology enhances functionality, reinforcing segments' dominance in the market throughout the predicted period.

 

  • The pharmaceutical & biotechnology companies segment is expected to dominate the Europe microcarriers market during the forecast period.

Based on the end-use, the Europe microcarriers market is divided into pharmaceutical & biotechnology companies, contract research organizations & contract manufacturing organizations, and academic & research institutes. Among these, the pharmaceutical & biotechnology companies segment is expected to dominate the Europe microcarriers market during the forecast period. This is because they have made large investments in bioprocessing technologies for the creation and development of drugs. In order to satisfy the increasing demand for biopharmaceuticals and personalized treatment, these businesses need effective cell culture technologies. Additionally, their emphasis on research and innovation promotes the use of cutting-edge microcarrier technologies, guaranteeing their continued dominance in the market.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the European microcarriers market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Sartorius AG
  • Eppendorf AG
  • Merck KGaA
  • Lonza
  • Becton Dickinson and Company (BD)
  • denovoMATRIX
  • Thermo Fisher Scientific Inc.
  • Corning Incorporated
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In October 2024, Cellevate, a groundbreaking biotech firm focused on creating advanced cell culture systems to transform biomanufacturing, is set to re-launch the world’s first nanofiber microcarrier for gene therapy at CPHI Milan from October 8-10, 2024.

 

Market Segment

This study forecasts revenue at European, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Europe Microcarriers Market based on the below-mentioned segments:

 

Europe Microcarriers Market, By Consumable

  • Media & Reagents
  • Microcarrier Beads
  • Others

 

Europe Microcarriers Market, By End-Use

  • Pharmaceutical & Biotechnology Companies
  • Contract Research Organizations & Contract Manufacturing Organizations
  • Academic & Research Institutes

Need help to buy this report?

Inquiry Before Buy
We'll use cookies to improve and customize your experience if you continue to browse. Is it OK if we also use cookies to show you personalized ads?
Learn more and manage your cookies
Yes, Accept Cookies