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

The microcarriers market was valued at USD 1.20 billion in 2018 and is projected to reach USD 1.61 billion by 2023, at a CAGR of 6.0% during the forecast period. 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.

Years considered for this report

• 2017 – Base Year
• 2018 – Estimated Year
• 2023 – Projected Year
• 2018-2026 – Forecast Period

Objectives of the Study

• To define, describe, and forecast the global microcarriers market on the basis of product, application, end user, and region
• To provide detailed information about factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market
• To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
• To forecast the size of the market segments in North America, Europe, Asia Pacific, and the Rest of the World (RoW)
• To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
• To track and analyze competitive developments such as acquisitions; product launches; expansions; agreements, partnerships, and collaborations; and R&D activities in the market

Research Methodology

Top-down and bottom-up approaches were used to validate the size of the global microcarriers market and estimate the size of various other dependent submarkets. Major players in the market were identified through secondary sources; directories; databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource; journals; and publications from associations such as Society for In Vitro Biology, European Society for Animal Cell Technology (ESACT), UK Society for Cell Culture Biotechnology; and their market revenues were determined through primary and secondary research. Primary research included extensive interviews with the key opinion leaders such as CEOs, directors, and marketing executives. The percentage splits, shares, and breakdowns of the product markets were determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets and presented in this report.

To know about the assumptions considered for the study, download the pdf brochure

The global microcarriers market is highly competitive and consists of many large to medium-sized companies that compete with each other for increasing their foothold in different segments of the market. The top three players operating in this market include Thermo Fisher Scientific (US), Merck KGaA (Germany), and GE Healthcare (US). Other leading players in this market include Danaher Corporation (US), Corning Incorporated (US), Lonza (Switzerland), Becton, Dickinson and Company (US), Eppendorf AG (Germany), HiMedia Laboratories (India), and Sartorius AG (Germany). The market has many large and medium players operating at both global and regional levels. The leading players are continuously developing new and innovative products to maintain their shares in the market.

Target Audience

• Pharmaceutical and biopharmaceutical companies
• Manufacturers of culture equipment and media
• Manufacturers of microcarrier beads
• Contract research organizations
• Life science research institutes
• Venture capitalists
• Research and consulting firms

Scope of the Report

Global Microcarriers Market

This research report categorizes the market into the following segments and subsegments:

• Global Microcarriers Market, By Product
  • Equipment
    • Bioreactors
    • Culture Vessels
    • Filtration Systems
    • Cell Counters
    • Accessories
  • Consumables
    • Media
      • Sera/Serum-based Media
      • Serum-free Media
      • Other Media
    • Reagents
    • Microcarrier Beads
      • Cationic Microcarriers
      • Collagen-coated Microcarriers
      • Protein-coated Microcarriers
      • Untreated Microcarriers
      • Other Microcarriers
• Global Microcarriers Market, By Application
  • Vaccine Manufacturing
  • Cell Therapy
  • Other Applications
• Global Microcarriers Market, By End User
  • Pharmaceutical and Biotechnology Companies
  • Research Institutes
  • CROs
• Global Microcarriers Market, by Region
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Rest of the World

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

• Geographic Analysis
  • Further breakdown of the Rest of World market into Latin America, Middle East and Africa
• Company Information
  • Detailed analysis and profiling of additional market players (Up to 5)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitation
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Secondary Source
    2.3 Primary Data
           2.3.1 Key Data From Primary Sources
           2.3.2 Key Industry Insights
    2.4 Market Size Estimation
    2.5 Market Breakdown and Data Triangulation
    2.6 Assumptions for the Study

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 29)
    4.1 Microcarriers Market Overview
    4.2 APAC: Microcarriers Consumables Market, By Type & Country (2017)
    4.3 Market, By Region (USD Million)
    4.4 Microcarriers: Developing vs Developed Markets, 2018 Vs.2023 (USD Million)
    4.5 Geographical Snapshot of the Market

5 Microcarriers Market, By Product (Page No. - 33)
    5.1 Introduction
    5.2 Equipment
           5.2.1 Bioreactors
           5.2.2 Culture Vessels
           5.2.3 Cell Counters
           5.2.4 Filtration Systems
           5.2.5 Accessories
    5.3 Consumables
           5.3.1 Media
                    5.3.1.1 Sera/Serum-Based Media
                    5.3.1.2 Serum-Free Media
                    5.3.1.3 Other Media
           5.3.2 Reagents
           5.3.3 Microcarrier Beads
                    5.3.3.1 Untreated Microcarrier Beads
                    5.3.3.2 Cationic Microcarriers
                    5.3.3.3 Collagen-Coated Microcarriers
                    5.3.3.4 Protein-Coated Microcarriers

6 Microcarriers Market, By Application (Page No. - 58)
    6.1 Introduction
    6.2 Vaccine Manufacturing
    6.3 Cell Therapy
    6.4 Other Applications

7 Microcarriers Market, By End User (Page No. - 65)
    7.1 Introduction
    7.2 Pharmaceutical & Biotechnology Companies
    7.3 Research Institutes
    7.4 Contract Research Organizations

8 Microcarriers Market, By Region (Page No. - 71)
    8.1 Introduction
    8.2 North America
           8.2.1 US
           8.2.2 Canada
    8.3 Europe
           8.3.1 Germany
           8.3.2 France
           8.3.3 UK
           8.3.4 Italy
           8.3.5 Spain
           8.3.6 Rest of Europe
    8.4 Asia Pacific
           8.4.1 Japan
           8.4.2 China
           8.4.3 India
           8.4.4 Rest of Asia Pacific
    8.5 Rest of the World (RoW)

9 Competitive Landscape (Page No. - 128)
    9.1 Overview
    9.2 Market Share Analysis, 2017
    9.3 Competitive Scenario
           9.3.1 Partnerships, Agreements, and Collaborations (2015–2018)
           9.3.2 Product Launches (2015–2018)
           9.3.3 Expansions (2015–2018)
           9.3.4 Acquisitions (2015–2018)

10 Company Profiles (Page No. - 134)
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)*
     10.1 Thermo Fisher Scientific
     10.2 GE Healthcare (A Subsidiary of General Electric Company)
     10.3 Corning
     10.4 Sartorius AG
     10.5 Danaher Corporation
     10.6 Merck KGaA
     10.7 Becton, Dickinson and Company
     10.8 Eppendorf
     10.9 Hi-Media Laboratories
     10.10 Lonza Group AG

*Details on Marketsandmarkets View, Introduction, Product & Services, Strategy, & Analyst Insights, New Developments Might Not Be Captured in Case of Unlisted Companies.

11 Appendix (Page No. - 172)
     11.1 Insights From Industry Experts
     11.2 Discussion Guide
     11.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     11.4 Introducing RT: Real-Time Market Intelligence
     11.5 Available Customization
     11.6 Related Reports
     11.7 Author Details

List of Tables (150 Tables)

Table 1 Microcarriers Market, By Product, 2016–2023 (USD Million)
Table 2 Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 3 Microcarriers Bioreactors Market, By Country, 2016–2023 (USD Million)
Table 4 Microcarriers Culture Vessels Market, By Country, 2016–2023 (USD Million)
Table 5 Microcarriers Cell Counters Market, By Country, 2016–2023 (USD Million)
Table 6 Microcarriers Filtration Systems Market, By Country, 2016–2023 (USD Million)
Table 7 Microcarriers Accessories Market, By Country, 2016–2023 (USD Million)
Table 8 Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 9 Microcarriers Consumables Market, By Country, 2016–2023 (USD Million)
Table 10 Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 11 Microcarriers Media Market, By Country, 2016–2023 (USD Million)
Table 12 Microcarriers Serum-Based Media Market, By Country, 2016–2023 (USD Million)
Table 13 Microcarriers Serum-Free Media Market, By Country, 2016–2023 (USD Million)
Table 14 Microcarriers Market for Other Media, By Country, 2016–2023 (USD Million)
Table 15 Microcarriers Reagents Market, By Country, 2016–2023 (USD Million)
Table 16 Major Brands of Microcarriers
Table 17 Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 18 Microcarrier Beads Market, By Country, 2016–2023 (USD Million)
Table 19 Untreated Microcarrier Beads Market, By Country, 2016–2023 (USD Million)
Table 20 Cationic Microcarrier Beads Market, By Country, 2016–2023 (USD Million)
Table 21 Collagen-Coated Microcarrier Beads Market, By Country, 2016–2023 (USD Million)
Table 22 Protein-Coated Microcarrier Beads Market, By Country, 2016–2023 (USD Million)
Table 23 Microcarriers Market, By Application, 2018–2023 (USD Million)
Table 24 Market for Vaccine Manufacturing, By Country, 2018–2023 (USD Million)
Table 25 Microcarriers Market for Cell Therapy, By Country, 2018–2023 (USD Million)
Table 26 Microcarriers Market for Other Applications, By Country, 2018–2023 (USD Million)
Table 27 Market, By End User, 2016–2023 (USD Million)
Table 28 Market for Pharmaceutical and Biotechnology Companies, By Country, 2016–2023 (USD Million)
Table 29 Microcarriers Market for Research Institutes, By Country, 2016–2023 (USD Million)
Table 30 Microcarriers Market for Contract Research Organizations, By Country, 2016–2023 (USD Million)
Table 31 Market, By Region, 2016–2023 (USD Million)
Table 32 Microcarriers Market, By Country, 2016–2023 (USD Million)
Table 33 North America: Microcarriers Market, By Country, 2016–2023 (USD Million)
Table 34 North America: Market, By Product, 2016–2023 (USD Million)
Table 35 North America: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 36 North America: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 37 North America: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 38 North America: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 39 North America: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 40 North America: Market, By End User, 2016–2023 (USD Million)
Table 41 US: Market, By Product, 2016–2023 (USD Million)
Table 42 US: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 43 US: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 44 US: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 45 US: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 46 US: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 47 US: Market, By End User, 2016–2023 (USD Million)
Table 48 Canada: Microcarriers Market, By Product, 2016–2023 (USD Million)
Table 49 Canada: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 50 Canada: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 51 Canada: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 52 Canada: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 53 Canada: Market, By Application, 2016–2023 (USD Million)
Table 54 Canada: Microcarriers Market, By End User, 2016–2023 (USD Million)
Table 55 Key Public European Advanced Therapy Companies
Table 56 Europe: Microcarriers Market, By Country, 2016–2023 (USD Million)
Table 57 Europe: Market, By Product, 2016–2023 (USD Million)
Table 58 Europe: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 59 Europe: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 60 Europe: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 61 Europe: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 62 Europe: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 63 Europe: Market, By End User, 2016–2023 (USD Million)
Table 64 Germany: Microcarriers Market, By Product, 2016–2023 (USD Million)
Table 65 Germany: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 66 Germany: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 67 Germany: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 68 Germany: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 69 Germany: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 70 Germany: Market, By End User, 2016–2023 (USD Million)
Table 71 France: Microcarriers Market, By Product, 2016–2023 (USD Million)
Table 72 France: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 73 France: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 74 France: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 75 France: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 76 France: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 77 France: Market, By End User, 2016–2023 (USD Million)
Table 78 UK: Market, By Product, 2016–2023 (USD Million)
Table 79 UK: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 80 UK: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 81 UK: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 82 UK: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 83 UK: Market, By Application, 2016–2023 (USD Million)
Table 84 UK: Market, By End User, 2016–2023 (USD Million)
Table 85 Italy: Market, By Product, 2016–2023 (USD Million)
Table 86 Italy: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 87 Italy: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 88 Italy: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 89 Italy: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 90 Italy: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 91 Italy: Market, By End User, 2016–2023 (USD Million)
Table 92 Spain: Market, By Product, 2016–2023 (USD Million)
Table 93 Spain: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 94 Spain: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 95 Spain: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 96 Spain: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 97 Spain: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 98 Spain: Market, By End User, 2016–2023 (USD Million)
Table 99 RoE: Market, By Product, 2016–2023 (USD Million)
Table 100 RoE: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 101 RoE: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 102 RoE: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 103 RoE: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 104 RoE: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 105 RoE: Market, By End User, 2016–2023 (USD Million)
Table 106 Asia Pacific: Market, By Country, 2016–2023 (USD Million)
Table 107 Asia Pacific: Market, By Product, 2016–2023 (USD Million)
Table 108 Asia Pacific: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 109 Asia Pacific: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 110 Asia Pacific: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 111 Asia Pacific: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 112 Asia Pacific: Market, By Application, 2016–2023 (USD Million)
Table 113 Asia Pacific: Market, By End User, 2016–2023 (USD Million)
Table 114 Japan: Microcarriers Market, By Product, 2016–2023 (USD Million)
Table 115 Japan: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 116 Japan: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 117 Japan: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 118 Japan: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 119 Japan: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 120 Japan: Market, By End User, 2016–2023 (USD Million)
Table 121 China: Market, By Product, 2016–2023 (USD Million)
Table 122 China: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 123 China: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 124 China: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 125 China: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 126 China: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 127 China: Market, By End User, 2016–2023 (USD Million)
Table 128 India: Market, By Product, 2016–2023 (USD Million)
Table 129 India: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 130 India: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 131 India: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 132 India: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 133 India: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 134 India: Market, By End User, 2016–2023 (USD Million)
Table 135 RoAPAC: Microcarriers Market, By Product, 2016–2023 (USD Million)
Table 136 RoAPAC: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 137 RoAPAC: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 138 RoAPAC: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 139 RoAPAC: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 140 RoAPAC: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 141 RoAPAC: Microcarriers Market, By End User, 2016–2023 (USD Million)
Table 142 RoW: Microcarriers Market, By Product, 2016–2023 (USD Million)
Table 143 RoW: Microcarriers Equipment Market, By Type, 2016–2023 (USD Million)
Table 144 RoW: Microcarriers Consumables Market, By Type, 2016–2023 (USD Million)
Table 145 RoW: Microcarriers Media Market, By Type, 2016–2023 (USD Million)
Table 146 RoW: Microcarrier Beads Market, By Type, 2016–2023 (USD Million)
Table 147 RoW: Microcarriers Market, By Application, 2016–2023 (USD Million)
Table 148 RoW: Microcarriers Market, By End User, 2016–2023 (USD Million)
Table 149 Microcarriers Market Share, By Key Player (2017)
Table 150 Growth Strategy Matrix (2015-2018)

List of Figures (34 Figures)

Figure 1 Microcarriers Market
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Microcarriers Market, By Product, 2018 vs 2023 (USD Million)
Figure 8 Microcarriers Market, By Application, 2018 vs 2023 (USD Million)
Figure 9 Microcarriers Market, By End User, 2018 vs 2023 (USD Million)
Figure 10 Geographical Snapshot: Microcarriers Market
Figure 11 Rising Demand for Cell-Based Vaccines is A Key Factor Driving Market Growth
Figure 12 Media Commanded the Largest Share of APAC Consumables Market in 2017
Figure 13 RoW to Register the Highest Growth Rate During the Forecast Period
Figure 14 Developing Markets to Grow at the Highest CAGR During the Forecast Period
Figure 15 China is Projected to Grow at the Highest Rate From 2018 to 2023
Figure 16 Cationic Microcarriers Segment Expected to Dominate the Microcarrier Beads Market in 2018
Figure 17 Vaccine Manufacturing Application Segment to Dominate the Microcarriers Market During the Forecast Period (2018–2023)
Figure 18 Pharmaceutical & Biotechnology Companies Segment Will Continue to Dominate the Microcarriers Market in 2023
Figure 19 North America: Microcarriers Market Snapshot
Figure 20 NIH Funding on Stem Cell Research, 2013–2016 (USD Billion)
Figure 21 Europe: Microcarriers Market Snapshot (2018)
Figure 22 Asia Pacific: Microcarriers Market Snapshot (2018)
Figure 23 Rest of the World (RoW): Microcarriers Market Snapshot
Figure 24 Key Players Adopted Organic as Well as Inorganic Growth Strategies Between 2015 and 2018
Figure 25 Microcarriers Market Share Analysis, By Key Player, 2017
Figure 26 Thermo Fisher Scientific: Company Snapshot (2017)
Figure 27 GE Healthcare: Company Snapshot (2017)
Figure 28 Corning: Company Snapshot (2017)
Figure 29 Sartorius AG: Company Snapshot (2017)
Figure 30 Danaher Corporation: Company Snapshot (2017)
Figure 31 Merck KGaA: Company Snapshot (2017)
Figure 32 Becton, Dickinson and Company: Company Snapshot (2017)
Figure 33 Eppendorf: Company Snapshot (2016)
Figure 34 Lonza Group AG: Company Snapshot (2017)

The microcarriers market is projected to reach USD 1.61 billion by 2023 from USD 1.20 billion in 2018, at a CAGR of 6.0%. 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.

The market in this report is segmented by product, application, end user, and region. Based on product, the market is segmented into equipment and consumables. In 2017, the consumables segment accounted for the largest share of the market owing to the continuous consumption of various media and reagents for different culture processes and applications.

Based on application, the market is segmented into vaccine manufacturing, cell therapy, and other applications. The vaccine manufacturing segment accounted for the largest share of the market, by application, in 2017. The large share of this segment can be attributed to the high and growing demand for cell-based vaccines.

Based on end user, the market is segmented into pharmaceutical and biotechnology companies research institutes, and CROs. In 2017, the pharmaceutical and biotechnology companies segment accounted for the largest share of the microcarriers market. The dominant share of this segment can be attributed to the growing use of single-use technologies in vaccine production, increasing demand for cell-based vaccines, widening application areas of microcarriers, and increasing pharmaceutical R&D expenditure.

This report also provides market information on major regional segments of the market, namely, North America (US, Canada), Europe (Germany, France, UK, Italy, Spain, RoE), Asia Pacific (China, Japan, India, RoAPAC), and the Rest of the World.

In 2017, Europe dominated the global microcarriers market. Growth in this market can mainly be attributed to factors such as the increasing incidence of cancer, growing number of venture capital investments, availability of technologically advanced products, and strategic expansion of biopharmaceutical companies in this region. However, the RoW is expected to register the highest CAGR in the forecast period.

In 2017, Thermo Fisher Scientific (US), Merck KGaA (Germany), and GE Healthcare (US) dominated the market. Other prominent players in this market include Danaher Corporation (US), Corning Incorporated (US), Lonza (Switzerland), Becton, Dickinson and Company (US), Eppendorf AG (Germany), HiMedia Laboratories (India), and Sartorius AG (Germany).

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