Functional Microparticle R&D for IVD and Cell Therapeutic Technology: Large-Scale Commercialized Products

The global R&D of functional materials have become more prominent and are expected to increase with a high growth rate through 2022. High demand due to current and emerging applications, superior structural properties, and the development of advanced fabrication methods is accelerating and driving the functional materials market. The functional materials are segmented based on application into construction composites, medical technology, cosmetics & personal care, oil & gas, automotive, life science & technology, and other categories. In particular, the use of microparticles as functional materials is continually increasing in the field of medicine and the healthcare industry. Nanotechnology for diagnosis, monitoring, drug delivery, treatment and control of biological systems is the leading application in the microparticle market, causing the growing demand for new types of microparticles. Furthermore, growing medical and healthcare industries will increase the worldwide demand for new functional microparticles in biomedical technology applications. This review paper will discuss the main aspects of state-of-the-art functional microparticles research, while demonstrating the broad variety of applications in the fields of diagnostics and therapy, especially in large-scale commercialized products related to magnetic microparticles in IVD and to microcarriers in cell therapeutics.