Umbilical Cord Blood Banking Market By Storage (Public Cord Blood Banks And Private Cord Blood Banks), By Type Of Application (Cancers, Blood Disorders, Metabolic Disorders, Immune Disorders, And Osteopetrosis) - Growth, Future Prospects, And Competitive Analysis, 2017 -2025

The report titled “Umbilical Cord Blood Banking Market- Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the overall umbilical cord blood banking market along with the market size and estimates for the duration 2015 to 2025. The said research study cover in-depth analysis of multiple market segments based on type of storage, application, and different geographies. Umbilical cord and placental blood are rich in stem cells that can be used to treat diseases such as leukemia, lymphoma, myeloma, aplastic anemia and certain immunologic and metabolic disorders. Cord blood is considered as the safest option compared to other stem cell sources due to its non-invasiveness and minimal risk to mother and child.

For the purpose of this study, the global umbilical cord blood banking market is segmented on the basis of storage type into private cord blood banks and public cord blood banks. Market size estimates and forecast for these segments for the period 2015 to 2025 are provided in terms of USD Mn along with the respective compounded annual growth rates (CAGRs) for the period 2017 to 2025, considering 2016 as the base year.

The global umbilical cord blood banking market is also segmented on the basis of type of applications such as cancer, blood disorders, metabolic disorders, immune disorders, and osteopetrosis. Market size estimates and forecast for these segments for the period 2015 to 2025 are provided in terms of USD Mn along with the respective compounded annual growth rates (CAGRs) for the period 2017 to 2025, considering 2016 as the base year.

The geographical segmentation of umbilical cord blood banking market comprised regions such as North America, Europe, Asia-Pacific, Latin America & Middle East and Africa. Each geographical region is further split to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, Brazil, Mexico, Saudi Arabia, South Africa, and other countries. Market size and forecast for these segments during 2015 to 2025 and their CAGRs for the period 2017 to 2025 are provided in this report.

The umbilical cord blood banking market is observed as the most diversified and competitive market comprising large number of players.  The market is dominated by several players, depending on their major competencies. The key players in this market are CBR Systems, Inc., ViaCord Inc., China Cord Blood Corporation, Cord Blood America, Inc., Cryo-Cell International, Inc., Cryo-Save AG, Cordlife Group Ltd., Vita 34 AG, LifeCell, and StemCyte Inc. among others.

For the purpose of this study, the global umbilical cord blood banking market is categorized into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

In base year 2016, North America accounted for the largest share in global umbilical cord blood banking market due to key driving factors such as rising demand for cord blood in stem cell research, increasing awareness related to benefits of cord blood banking, developed research and healthcare infrastructure, and incessant development in the field of storage and application of stem cells extracted from cod blood. During the forecast period 2017- 2025, Asia Pacific was observed as the most potential market due to rising public awareness related to the advantages of cord blood banking, comprises many untapped markets, and increasing government support and initiatives. The potential of cord blood stem cells for regenerative therapies has encouraged the number of cord blood banks in the Asia. However, apart from countries like Japan and Singapore, other countries such as China, Vietnam, South Korea, Malaysia, India and Taiwan also claim about their own cord blood banks.

Umbilical Cord Blood Banking Market

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Published Date:  Sep 2017
Category:  Medical Devices
Report ID:   58662
Report Format:   PDF
Pages:   120
Rating:    4.5 (60)
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