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Global Stem Cell Cord Blood Banking Market Size 2020 – Global Growth, Trends, Industry Analysis, Key Players and Forecast 2030 | Covid 19 Growth And Change
Stem Cell Cord Blood Banking Market
The global stem cell/cord blood banking market is expected to grow from $7.8 billion in 2019 to $9 billion in 2020 at a compound annual growth rate (CAGR) of 15%. The growth of this market is mainly due to increase in demand for stem cells that can be used in the treatment of COVID 19. This in turn created a demand for stem cell/cord blood banking but it is hindered by the challenges like collection and supply. The market is then expected to recover and grow at a CAGR of 11.6% from 2021 and reach $12.4 billion in 2023.
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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.
Lack of awareness especially among pregnant women is a major restraint for the stem cell/cord blood banking market. This is mainly because a majority of pregnant women are unaware of the functioning of the public cord blood banks. Hence, this option is not fully explored despite the advantages of stem cell transplantation in treating cancer.
Stem Cell Cord Blood Banking Market Segmentation:
By Cell Type
1.Adult Stem Cells
2.Umbilical Cord Blood Stem Cells
3.Embryonic Stem Cells
By Service
1.Collection
2.Processing
3.Analysis
4.Storage
By Bank Type
1.Public
2.Private
By Application
1.Leukemia
2.Anemia
3.Thalassemia
4.Autism
5.Cerebral palsy
6.Diabetes and Others
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Few Points From Table Of Content
1. Executive Summary
2. Stem Cell Cord Blood Banking Market Characteristics
3. Stem Cell Cord Blood Banking Market Size And Growth
4. Stem Cell Cord Blood Banking Market Segmentation
5. Stem Cell Cord Blood Banking Market Regional And Country Analysis
....
25. Stem Cell Cord Blood Banking Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Stem Cell Cord Blood Banking Market
27. Stem Cell Cord Blood Banking Market Trends And Strategies
28. Stem Cell Cord Blood Banking Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the stem cell cord blood banking market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the stem cell cord blood banking market are AMAG Pharmaceuticals, Cordlife, Cryo-Cell International, Esperite, Americord Registry LLC, China Cord Blood Corporation
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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