The Global Microcarrier Market revenue has been estimated at USD 1,300.0 million in 2021 and is projected to grow at a CAGR of 8.3% during the forecast period. The growth of the global market is expected to be driven by the rising demand for cell-based vaccines and increasing R &D funding for cell and gene research by pharmaceutical and biotechnology companies. Technological advancement is another key factor that has been fueling the growth of the global market.
Microcarriers are basically small polymeric beads composed of a solid matrix that provide an attachment surface to the suspended cell culture. The diameter of a microcarrier is usually in the range of 100- 300μm. Microcarriers are basically a support matrix, and their main function is to promote the growth of the adherent cells in bioreactors in the production of vaccines and biologics.
Some of the important advantages offered by microcarriers include the ability to regulate cell growth conditions precisely in sophisticated bioreactors, reduction in the number of incubators required, and ease of scale-up. Due to such advantages, demand for microcarriers in the pharmaceutical and biotechnology industries has been growing, which in turn, will provide a major stimulus to market growth.