The Global Stem Cell/Cord Blood Banking Market Report by The Business Research Company covers stem cell/cord blood banking market drivers and restraints, stem cell/cord blood banking market size, major players, and the impact of COVID-19 on the stem cell/cord blood banking market.
The stem cell/cord blood banking global market consists of sales of stem cell/cord blood banking services and related goods. Cord stem cells are referred to as regenerative medicines which help in regeneration of tissues or cells in the body. Stem cells therapy is designed to aid the physician in performing medical treatment of different types of cancers, neurodegenerative diseases, graft-versus-host disease and heart diseases.
Increasing number of cancer patients is a major driver for the stem cell /cord blood banking market. Cancer diseases such as leukemia and multiple myeloma can be treated by stem cell transplant. In stem cell transplant, treatment can be either done by autologous transplant in which the stem cells come from the same person who gets the transplant or by allogeneic transplant in which means the stem cells come from a matched related or unrelated donor.
The global stem cell/cord blood banking market is expected to grow from $8.16 billion in 2020 to $8.61 billion in 2021 at a compound annual growth rate (CAGR) of 5.5%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The stem cell/cord blood banking global market is expected to reach $12.51 billion in 2025 at a CAGR of 9.8%.
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Some stem cell and cord blood banking market trends include pairing of cord blood and tissue storage with genetic testing services. Such pairing is possible and efficient because of its complimentary services to the existing clients, thereby helping in expanding their product portfolio.
Global stem cell/cord blood banking market segments include:
1) By Cell Type: Adult Stem Cells, Umbilical Cord Blood Stem Cells, Embryonic Stem Cells.
2) By Service: Collection, Processing, Analysis, Storage.
3) By Bank Type: Public, Private.
4) By Application: Leukemia, Anemia, Thalassemia, Autism, Cerebral Palsy, Diabetes, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Stem Cell/Cord Blood Banking Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides stem cell/cord blood banking market overviews, analyzes and forecasts market size, share, stem cell/cord blood banking market players, stem cell/cord blood banking market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The stem cell/cord blood banking market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Stem Cell/Cord Blood Banking Global Market Report 2021: COVID-19 Growth And Change To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: AMAG Pharmaceuticals, Cordlife, Cryo-Cell International, Esperite, Americord Registry LLC, China Cord Blood Corporation, Cordlife Group Limited, CordVida, ESPERITE N.V., Cryo Stemcell, Lifecell, PerkinElmer, Reelabs, Smart Cells International, Stemade Biotech, StemCyte, ViaCord, Americord, LifeCell International, Cryoviva India, Cytori Therapeutics, Thermo Fisher Scientific, Cord Blood AmericaInc., Stem Cyte, Aldagen, Arteriocyte, Brainstorm Cell Therapeutics.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Stem Cell/Cord Blood Banking Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Stem Cell/Cord Blood Banking Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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