openPR Logo
Press release

What are driving factors of Cord Blood Banking Market ? Top players - CBR Systems, Inc., Cordlife, Cryo-Save AG, FamiCord, Hewlett-Packard, Global Cord Blood Corporation, Americord, LifeCell, Jeevan Stem Cell Foundation, Singapore Cord Blood Bank and ViaC

06-25-2019 02:09 PM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Cord Blood Banking Market

Cord Blood Banking Market

Cord Blood Banking Market size is set to exceed USD 23.0 billion by 2025; according to a new research study published by Global Market Insights, Inc. Increasing research pertaining to application of cord blood for treatment of genetic and idiopathic disorders will boost cord blood banking market growth. In 2005, cord blood stem cells were used for treatment of about 40 diseases and the number have doubled currently. Growing demand for innovative and regenerative medicine for treatment of life-threatening genetic diseases will foster industry growth in the future.

Rising government initiatives and funding programs for development and establishment of cord blood banks will favor business growth. For instance, the U.S. government passed the Stem Cell Research Act and created a unified National Cord Blood Stem Cell Banking program for making stem cells accessible to U.S. population at affordable prices. Such government initiatives should propel cord blood banking market growth across the forecast timeframe.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/3268

Public cord blood bank market is expected to reach USD 3,931.1 million by 2025. High growth rate is attributable to increasing government initiatives and funding program for supporting development of public cord blood banks. For instance, countries such as France and Italy do not permit establishment of private cord blood banks. Similarly, increasing funding program by National Health Services UK for development of public cord blood banks will boost industry growth.

Storage services accounted for 18.8% share of the cord blood banking market in 2018. Private cord blood banks offer various packages and discounts to the parents for long-term storage of cord blood. Few private cord blood banks offer storage of cord blood cells for more than 25 years. With increasing awareness regarding the benefits of long-term storage of cord blood cells, the market is expected to witness significant growth in the future

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/3268

Blood disorders segment is expected to grow at 5.0% across the forecast timeframe. Increasing prevalence of beta-thalassemia and other blood-related disorders will significantly drive cord blood banking market growth. As per the study published in Journal of Hematology in 2016, about 250 million people are estimated to carry a potentially pathological hemoglobinopathy gene. Increasing application of cord blood cells in treatment of blood disorders will spur market growth across the forecast timeframe.

Hospitals market dominated the cord blood banking industry in 2018 and similar trend is expected across the forecast timeframe. Increasing prevalence of chronic diseases such as immune-deficiency and bone marrow failure syndrome will the drive hospital segment growth. High patient preference towards multispecialty hospitals for availing advanced treatment will spur segmental growth in the future.

UK cord blood banking market is estimated to reach USD 1,050.4 million by 2025. High growth is attributable to increasing government initiatives for encouraging mothers and parents to donate cord blood cells to public banks. Furthermore, increasing potential of cord blood stem cells for treatment of more than 80 disorders will further boost market growth in the future. Availability of well-developed healthcare infrastructure and awareness about the benefits of cord blood donation will spur industry growth in the country.

Australia cord blood banking market presents a lucrative growth opportunity at a robust CAGR of 7.1%. Active investment of private cord blood banks for expansion and development of regenerative medicine will boost Australia cord blood banking market. Also, economic growth and increasing technological advancement in healthcare services will be the major factors responsible for business growth in the future.

Prominent industry players include CBR Systems, Inc., Cordlife, Cryo-Save AG, FamiCord, Hewlett-Packard, Global Cord Blood Corporation, Americord, LifeCell, Jeevan Stem Cell Foundation, Singapore Cord Blood Bank and ViaCord LLC. The industry players focus on developing new strategies and providing innovative services to its customers. For instance, in September 2017, Americord Registry announced to offer placental tissue banking as a stand-alone service. This new service will enable the company to expand its service product portfolio.

Report Content
Chapter 1. Methodology
1.1. Methodology
1.2. Market definition
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Cord blood banking industry 3600 synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Type of bank trends
2.1.3. Services trends
2.1.4. Application trends
2.1.5. End-use trends
2.1.6. Regional trends
Chapter 3. Cord Blood Banking Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 – 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Increasing prevalence of life-threatening genetic diseases
3.3.1.2. Rising awareness pertaining to therapeutic application of cord blood
3.3.1.3. Government initiatives and funding in developed economies
3.3.1.4. Growing clinical trials in regenerative medicine
3.3.2. Industry pitfalls & challenges
3.3.2.1. Lack of uniformity in regulatory policies
3.3.2.2. Large out-of-pocket expenditure
3.3.2.3. Low acceptance rate in developing countries
3.4. Growth potential analysis
3.4.1. By type of bank
3.4.2. By services
3.4.3. By application
3.4.4. By end-use
3.5. Regulatory scenario
3.6. Public vs. private cord blood banking
3.7. Porter’s analysis
3.8. Competitive landscape, 2017
3.8.1. Strategy dashboard
3.9. PESTEL analysis

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Blog : http://news-researchers.com/

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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 What are driving factors of Cord Blood Banking Market ? Top players - CBR Systems, Inc., Cordlife, Cryo-Save AG, FamiCord, Hewlett-Packard, Global Cord Blood Corporation, Americord, LifeCell, Jeevan Stem Cell Foundation, Singapore Cord Blood Bank and ViaC here

News-ID: 1787466 • Views: 243

More Releases from Global Market Insights, Inc.

Synthetic Food Market 2020 Forecast 2026 | Prominent players - Aarkay Food Produ …
The global "Synthetic Food Market" report is inclusive of a definite aggressive standpoint that explains a summary of the entire industry and profiles of the major companies in the worldwide market. The Synthetic Food market report also provides a detailed diagram of the innovations, production analysis, product specification, and product type, taking into consideration, factors such as costs, remuneration, and gross margins. About Synthetic Food The global Synthetic Food report provides a
Food Protein Ingredient Market 2020 Forecast 2026 | Top Players - DuPont Solae, …
The global "Food Protein Ingredient Market" report is inclusive of a definite aggressive standpoint that explains a summary of the entire industry and profiles of the major companies in the worldwide market. The Food Protein Ingredient market report also provides a detailed diagram of the innovations, production analysis, product specification, and product type, taking into consideration, factors such as costs, remuneration, and gross margins. About Food Protein Ingredient The global Food Protein
Wheat Protein Market 2020 Forecast 2026 | Top Players - Archer Daniels Midland C …
The global "Wheat Protein Market" report is inclusive of a definite aggressive standpoint that explains a summary of the entire industry and profiles of the major companies in the worldwide market. The Wheat Protein market report also provides a detailed diagram of the innovations, production analysis, product specification, and product type, taking into consideration, factors such as costs, remuneration, and gross margins. About Wheat Protein The global Wheat Protein report provides a
U.S. Energy Storage Market: 2020 Industry Outlook, Growth, Comprehensive Insight …
New report of U.S. Energy Storage Market Report communicates about the manufacturing process. The process is analyzed thoroughly with respect three points, viz. raw material and equipment suppliers, various manufacturing associated costs and the actual process. The U.S. Energy Storage Market research report is a resource, which provides technical and financial details of the U.S. Energy Storage Market (Volume and Value). The U.S. energy storage market has received a major boost

All 5 Releases


More Releases for Cord

Umbilical Cord Blood Banking Market Outlook
Global Umbilical Cord Blood Banking Market: Snapshot Umbilical cord blood banking or cord blood banking is the practice of preserving blood from the umbilical cord for future use. Such preserved cord blood is used in medical therapies in the similar approach as that of stem cells derived from bone marrow. Umbilical cord blood banking is practiced for using the cord blood stem cells for the purpose or re-populating blood and treating
India Cord Blood Stem Cell Banking Market
Cord Blood Stem Cell Banking has emerged as new opportunity of healthcare services provider in Indian market. The market is still in nascent stage of development and valued around US$ 60 Million in 2013 and further expected to surpass US$ 400 Million by 2018. The current cord blood stem cell preservation level for new born baby is below 1% and hence there exists immense opportunity for cord blood stem cell
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
02-16-2017 | Health & Medicine
MRC LLP
Cord Blood Banking Market Trends To 2022
Global Cord Blood Banking Industry 2021 Market Research Report analyzed the current state in the definitions, classifications, applications and industry chain structure. The report also focuses on the development trends as well as history, competitive landscape analysis, and key regions etc in the international markets. Global Cord Blood Banking Industry 2021 Market Research Report is a professionally prepared report comprising of in-depth information as well as knowledge which is helpful to
Global Detonating Cord Market Outlook 2011-2021
This report provides detailed analysis of worldwide markets for Detonating Cord from 2011-2016, and provides extensive market forecasts (2016-2021) by region/country and subsectors. It covers the key technological and market trends in the Detonating Cord market and further lays out an analysis of the factors influencing the supply/demand for Detonating Cord, and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the
VersusMedia Launches New Cord Cutting Channels
The pioneering and successful networking business, which has helped to connect independent filmmakers with talented musicians for 15 years, is now launching its own cord cutting channels. The new stations feature some of the best independently produced films, documentaries, and music videos from VersusMedia's impressive client database. Cord cutting is a growing trend in home entertainment whereby users cancel paid television subscriptions and leverage the benefits of high-speed internet connections to