Global microcarriers market to reach $3.05b by 2029

Thanks to increased investments in cell and gene therapy research.

The global microcarriers market is projected to hit $3.05b by 2029 at a compound annual growth rate of 8%, according to MarketsandMarkets.

The sector’s expansion is attributed to increased investments in cell and gene therapy research and the adoption of single-use technologies.

Moreover, rising research and development spending in biopharmaceutical production is further driving the market.

However, high costs associated with cell biology research and challenges in high-density cell culture production may limit growth.