openPR Logo
Press release

Global Cord Blood Banking Services Market Growth Statistics and Key Players Insights: China Cord Blood Corporation, Cord Blood America, Inc., CBR Systems, Inc., Cordlife Group Limited, Cryo-Cell International, Inc., Cryo-Save AG

11-02-2018 10:37 AM CET | Health & Medicine

Press release from: Allied Market Research

Cord Blood Banking Services Market

Cord Blood Banking Services Market

Global Cord Blood Banking Services Market is estimated to reach at $2,772 million by 2023, registering a CAGR of 13.8% from 2017 to 2023. North America was the highest revenue contributor in the global market in 2016; however, Asia-Pacific is expected to witness the highest growth rate during the forecast period.

Umbilical cord blood is collected from the nursing homes and hospitals post the delivery of a baby. This blood contains a large amount of stem cells, which can be used to treat various diseases. The public cord blood banks are operated by the non-profit organizations with the help of government funding, which are donated by families after the delivery of baby. This donated cord blood is available for multiple applications such as for research purposes and treatment of genetic diseases.

The private cord blood banks are privately owned banks where the parents can store the cord blood of newborn for future use such as for treatment of certain chronic disease. In private banks, charges are incurred for the collection, processing, and storage of cord blood. Thus, the public cord blood banks possess competitive advantages in developed regions such as North America and Europe.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/111?utm_source=sy-Openpr

The key companies profiled in the report include
• China Cord Blood Corporation
• Cord Blood America Inc.
• CBR Systems Inc.
• Cordlife Group Limited
• Cryo-Cell International Inc.
• Cryo-Save AG
• Lifeforce Cryobanks
• National Cord Blood Program
• ViaCord Inc.
• Virgin Health Bank
• CordVida
• Americord
• CryoHoldco
• Vita34.

The cord blood banking services market is expected to witness a moderate growth during the forecast period. The key drivers for the market growth are adoption of novel marketing strategies by key players, increase in R&D activities for application of cord blood, and rise in funding for establishment of public cord blood storage banks.

However, high cost associated with the processing, difficulty in finding a match in the donor list of public cord blood banks, and legal & ethical issues related to collection of cord blood are expected to hamper this growth. Conversely, advancement in the stem cell therapeutics and presence of untapped potential in the developing and developed regions are expected to provide various opportunities to the cord blood banking services.

The private cord blood banks segment occupied a dominant part of the market in 2016, and is expected to grow at the highest rate. This is attributable to the better service provided by the private banks to their customers, guarantee of storing the cord blood for a specified period, and immediate retrieval of the cord blood when required for treatment of any genetic disease.

For More Information @ https://www.alliedmarketresearch.com/purchase-enquiry/111?utm_source=sy-Openpr

In 2016, North America accounted for maximum contribution to the total revenue generated, owing to the market maturity, high awareness among the expectant parents, presence of high disposable income, and high adoption rate of cord blood storage services.

However, Asia-Pacific is expected to witness the highest growth during the analysis period, attributable to rise in awareness related to the benefits of storing cord blood, increase in focus of key players to expand their services, and rise in disposable income.

Key Findings of the Cord Blood Banking Services Market:
• The private cord blood bank segment is anticipated to grow at the highest rate during the analysis period.
• Germany was the highest revenue-generating country in the European market in 2016, and is expected to continue its dominance during the forecast period.
• In 2016, North America dominated global cord blood banking services market, and is estimated to continue this trend in the near future.
• China is expected to grow at the highest rate in the Asia-Pacific region.
• Latin America was the largest contributor in the LAMEA region.

Access Full Summery @ https://www.alliedmarketresearch.com/press-release/cord-blood-banking-services-market.html?utm_source=sy-Openpr

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Cord Blood Banking Services Market Growth Statistics and Key Players Insights: China Cord Blood Corporation, Cord Blood America, Inc., CBR Systems, Inc., Cordlife Group Limited, Cryo-Cell International, Inc., Cryo-Save AG here

News-ID: 1348250 • Views:

More Releases from Allied Market Research

According to Allied Market Research, the Events industry in the UK is forecasted to reach $139.9 billion by 2032, with a compound annual growth rate (CAGR) of 5.0%.
According to Allied Market Research, the Events industry in the UK is forecasted …
Allied Market Research published a report, titled, "UK Events Industry by Type (Music Concert, Festivals, Sports, Exhibitions and Conferences, Corporate Events & Seminars, and Others), Revenue Source (Ticket Sale, Sponsorship, and Others), Organizer (Corporate, Sports, Education, Entertainment, and Others), and Age Group (Below 20 Years, 21-40 Years, and Above 40 Years): Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the UK events market was valued at $74.9 billion
Globally, Events industry market is expected to achieve a value of $2.1 trillion by 2032, with a compound annual growth rate (CAGR) of 6.4%, as reported by Allied Market Research.
Globally, Events industry market is expected to achieve a value of $2.1 trillion …
According to a new report published by Allied Market Research, titled, "Events Industry by Type, Revenue Source, Organizer and Age Group: Global Opportunity Analysis and Industry Forecast, 2021-2028," The global events industry size was valued at $1,135.4 billion in 2019, and is projected to reach $1,552.9 billion by 2028, registering a CAGR of 11.2% from 2021 to 2030. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/2422 The term event refers to organizing
U.S. corporate event market is experiencing significant growth, with a compound annual growth rate (CAGR) of 17.3%. It is projected to reach $510.9 billion by the conclusion of 2030.
U.S. corporate event market is experiencing significant growth, with a compound …
tourism industry players focus on five key areas. These include encouraging high-quality tourism experiences, including indigenous tourism, limiting regulatory burden on industry, undertaking marketing campaigns, and working with industry to support the development of tourism infrastructure to drive the demand. According to a new report published by Allied Market Research, titled, "U.S. corporate event market by event type and industry: global opportunity analysis and industry forecast, 2021-2030," the U.S. corporate event
Bamboo Clothing Market Anticipates Exceeding USD 3 Billion by 2032, Sustaining a Robust CAGR of 9.1% - AMR
Bamboo Clothing Market Anticipates Exceeding USD 3 Billion by 2032, Sustaining a …
According to a new report published by Allied Market Research, titled, "Bamboo Clothing Market," The bamboo clothing market size was valued at $1.3 billion in 2022, and is estimated to reach $3 billion by 2032, growing at a CAGR of 9.1% from 2023 to 2032. Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/75312 Clothing created from bamboo fabric is referred to as bamboo clothing. The pulp of bamboo plants

All 5 Releases


More Releases for Cord

Stem Cell Banking Market Can Become Bigger in Few Years? Cord Blood Registry, Vi …
A detailed study on STEM CELL BANKING Market formulated by Brandessence Market Research, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry's size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in
Stem Cell Banking Market Size Study by Application and Regional Forecasts 2017-2 …
Premium Market Insights has announced the addition of the “Stem Cell Banking – Global”, Report provides an in-depth assessment of the current trends in the global Stem Cell Banking sector with a particular focus on the technological, competitive and R&D landscape. Global STEM CELL BANKING Market to reach USD 11.2 billion by 2025. Global STEM CELL BANKING Market valued approximately USD 5.4 billion in 2016 is anticipated to grow with
Cord Blood Banking Market is Booming Worldwide| Lifeforce Cryobanks, National Co …
A latest survey on Global Cord Blood Banking Market is conducted covering various organizations of the industry from different geographies to come up with 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition is facing along with gap analysis and new opportunity available and may trend in Cord Blood Banking market. The report bridges the historical
03-28-2019 | Health & Medicine
MRRSE
Umbilical Cord Blood Banking Market rising to a valuation of US$8,178.1 mn in 20 …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalogue by adding a fresh study titled “Umbilical Cord Blood Banking Market rising to a valuation of US$8,178.1 mn in 2025.” This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026.The report also targets important facets such as market drivers, challenges, latest trends, and opportunities
Cord Blood Banking Services Market Analysis on Key Players (Americord Registry L …
The geographical sector of the Global Cord Blood Banking Services Market comprises the leading regions in the market during the forecast tenure. Facts and figures that are given on the region leading this market are some of the features emphasized under this section of the report. The competitive landscape section of the statistical report presents information on major key players in the global market. On the basis of product profile,
Global Cord Blood Banking Market 2017- China Cord Blood, Cord Blood America, CBR …
Global Cord Blood Banking Market Report 2017 presents a professional and deep analysis on the present state of Cord Blood Banking Market 2017. In the first part, Cord Blood Banking Market study deals with the comprehensive overview of the Cord Blood Banking market, which consists of definitions, a wide range of applications, classifications and a complete Cord Blood Banking industry chain structure. The global Cord Blood Banking market analysis further consists