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Global Stem Cell Banking Market Overview By Product Type are Cord Blood, Cord Blood & Cord Tissue with Top Key Players Cordlife, Cryo-Cell International, Cryo-Save, Lifecell and More
Press release from: Data Bridge Market Research
databridgemarketsearch.com presents new report of Cord Stem Cell Banking market provides information of Cord blood collection and transplant has a distinct advantage over other competing alternatives such as bone marrow transplant in case of blood related disorders, including leukemia, anemia, and thalassemia, among others.
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There are already more than 550 stem cell banks present globally. With the increasing awareness about the potential of the stem cells in the treatment of diseases, the demand for stem cell storage for future use has increased significantly. Thus, several new companies have entered into the market in the recent years leading to high competition in the market.
In order to gain competitive advantage companies are focusing on providing better quality and cost-efficient services, research, and marketing. Providing better services at lower cost will facilitate downward pricing strategy leading to loss of revenue to the market. The healthcare industry is already progressing at a highly competitive rate and this leads to fierce competition among the companies in this field leading to having an overall impact on the market size.
Umbilical cord blood and cord tissue banking is the process of collecting and storing the cord blood and/or cord tissue with the potential for future medical use. The storage of umbilical cord blood is gaining recognition, owing to the increasing awareness of the importance of stem cells in treating certain life-threatening diseases. Cord blood and tissues are the sources of hematopoietic, mesenchymal, and epithelial cells that find use in many cell-based therapies.
Cord Stem Cell Banking Market – Competitive Landscape:
The cord stem cell banking market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some examples of recent strategies/developments are: In August, 2015 AMAG Pharmaceuticals, Inc. acquired CBR to expand its business overseas, In June, 2015 Cryo-Cell acquired the assets of Prepacyte-CB cord blood business of CytoMedical Design Group LLC among many others. The report includes market shares of cord stem cell banking market for global, Europe, North America, Asia Pacific and Rest of the World.
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Some of the major players operating in the global cord stem cell banking market are
CBR Systems, Inc.,
Smart Cells International, Ltd.,
Cryoviva India and
China Cord Blood Corporation
Reasons to Purchase this Report
• Current and future of global cord stem cell banking market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report
• The report includes the complete segmentation displayed above across all above mentioned countries
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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