Press release
Stem Cell Banking Market expected to reach USD 16,474.30 million by 2029
Stem Cell Banking Market
Global Stem Cell Banking Market was valued at USD 4,990.56 million in 2021 and is expected to reach USD 16,474.30 million by 2029, registering a CAGR of 16.1% during the forecast period of 2022-2029. The "adult stem cells" accounts for the largest product segment in the stem cell banking market within the forecasted period owing to its advantages such as the high acceptance in the human body, ease of harvesting and effectiveness in tissue generation. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
The market is expected to expand over the forecasted time period as there has been surge in number of people fatal chronic conditions over the past few years. According to the Centers for Disease Control and Prevention (CDC), roughly 3,613,647 babies will be reported in 2020. The surge in chronic diseases will increase the spending on managing chronic diseases, which will aid the market. Consequently, the market is being propelled forward with various growth determinants and is projected to show substantial growth over the forecasted period.
Segmentation:
The stem cell banking market is segmented on the basis of source, product, bank type, service type, utilization and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
Placental Stem Cells (PSCs)
Human Embryo-Derived Stem Cells (hESCs)
Bone Marrow-Derived Stem Cells (BMSCs)
Dental Pulp-Derived Stem Cells (DPSCS)
Adipose Tissue-Derived Stem Cells (ADSCs)
Other Stem Cell Sources
On the basis of source, the stem cell banking market is segmented into placental stem cells (PSCs), human embryo-derived stem cells (hESCs), bone marrow-derived stem cells (BMSCs), dental pulp-derived stem cells (DPSCS), adipose tissue-derived stem cells (ADSCs) and other stem cell sources.
Product
Adult Stem Cells
Human Embryonic Cells
IPS Cells
On the basis of product, the stem cell banking market is segmented into adult stem cells, human embryonic cells and IPS cells. The adult stem cells is projected to show largest market share over the forecasted period because of its advantages such as the high acceptance in the human body, ease of harvesting and effectiveness in tissue generation.
Bank Type
Private
Public
On the basis of bank type, the stem cell banking market is segmented into private and public.
Service Type
Sample Collection and Transportation
Sample Processing, Sample Analysis
Sample Preservation, Storage
On the basis of service type, the stem cell banking market is segmented into sample collection and transportation, sample processing, sample analysis, sample preservation and storage.
Utilization
Used
Unused
On the basis of utilization, the stem cell banking market is segmented into used and unused.
Application
Personalized Storage
Clinical
Research
On the basis of application, the stem cell banking market is bifurcated into personalized storage, clinical and research.
Key Market Players:
CBR Systems, Inc., (U.S.)
Cordlife (Singapore)
Cryo-Cell International, Inc., (U.S.)
ViaCord (U.S.)
Cryo-Save (Netherlands)
LifeCell International Pvt. Ltd. (India)
StemCyte India Therapeutics Pvt. Ltd (U.S.)
Global Cord Blood Corporation (China)
Smart Cells International Limited (UK)
Vita34 1997 (Germany)
Caladrius Biosciences, Inc. (U.S.)
Celgene Corporation (U.S.)
BrainStorm Cell Limited (U.S.)
Regrow Biosciences Pvt. Ltd. (India)
Attractions of The Stem Cell Banking Market Report: -
Latest market dynamics, development trends and growth opportunities are presented along with industry barriers, developmental threats and risk factors
The forecast Stem Cell Banking Market data will help in the feasibility analysis, market size estimation and development
The report serves as a complete guide which micro monitors all vital Stem Cell Banking Market
A concise market view will provide ease of understanding.
Nut Oil Market Competitive market view will help the players in making a right move
Key Questions Answered
What impact does COVID-19 have made on Global Stem Cell Banking Market Growth & Sizing?
Who are the Leading key players and what are their Key Business plans in the Global Stem Cell Banking Market?
What are the key concerns of the five forces analysis of the Global Stem Cell Banking Market?
What are different prospects and threats faced by the dealers in the Global Stem Cell Banking Market?
What are the strengths and weaknesses of the key vendors?
Browse More Info @ https://www.databridgemarketresearch.com/reports/global-stem-cell-banking-market
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