Microcarriers Market Size Set to Expand to USD 4.17 Billion
From GlobeNewswire: 2025-03-28 10:28:00
The microcarriers market is projected to grow from US$ 1.62 Billion in 2022 to US$ 4.17 Billion by 2030, with a CAGR of 12.5% from 2022-2030. Factors driving growth include the need for cell therapies, rising incidence of cancer and infectious diseases, and innovative product launches by manufacturers. Key players include Teijin Ltd, Bio-Rad Laboratories Inc, and Sartorius AG.
Market trends show a significant demand for microcarriers in the coming years, with a focus on biopharmaceutical production, cell and gene therapy, and regenerative medicine. North America led the market in 2023, followed by Europe and Asia Pacific. Strategic initiatives like product launches and collaborations are expected to drive market expansion in the future.
The market for microcarriers is driven by the increasing need for cell therapies due to rising cancer and infectious disease rates. Key players are launching innovative products like PVA hydrogel microcarriers and forming strategic partnerships to expand their market presence. Geographically, North America leads the market, with Asia Pacific expected to show the highest growth.
The demand for microcarriers is rising due to the need for efficient treatments for diseases like cancer and infectious diseases. Strategic initiatives like new product launches and collaborations are driving market growth. North America currently leads the market, with Asia Pacific expected to see significant growth in the coming years.
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