|11-09-2017 09:17 AM CET - Health & Medicine||
Global Stem Cell Banking Market 2017: Highly Fragmented by (CBR Systems Inc., Cordlife, Cryo-Cell International Inc., Cryo-Save AG, Lifecell, Stemcyte) with 20.5% of CAGR
Press release from: Data Bridge Market Research
databridgemarketresearch.com provides new report “Stem Cell Banking Market” accounted to USD 1.2 billion in 2016 growing at a CAGR of 20.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Stem cell banking is a facility which stores cord blood and cord tissue for use in future. Stem cells are stored in private of public banks. The continuous research on stem cell has led to development of stem cell products which are developed by combination of autologous cell therapy, gene manipulation and tissue engineering. The increased scope of research in stem cell and development of innovative products to treat acute and chronic diseases has resulted in growth of the market.
• No of pages: 350
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The stem cell banking market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of stem cell banking market for global, Europe, North America, Asia Pacific and South America.
• No of Figures: 60
On The Basis Of Type: - cord blood and cord tissue.
On The Basis Of Service: - collection & transportation, processing, analysis, storage), by origin (embryonic, adult, germinal.
On The Basis Of Geography, stem cell banking market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
On The Basis Of Origin: - embryonic, adult, and germinal.
On The Basis Of Application: - cerebral palsy, thalassemia, leukemia, diabetes, cancer, cardiac diseases, autism, others.
On The Basis Of End-User: - hospitals, pharmaceutical companies, research institutes, and laboratories.
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• No of Tables: 220
Major Market Drivers and Restraints:
• Rising population of newborn
• Rising awareness related to stem cell therapeutics
• Potential benefits of stem cells in the treatment of various diseases
• High initial and maintenance cost
• Severe competition in the market leading to entry barriers
Major Market Competitors:
Some of the major players operating in stem cell banking market are CBR Systems, Inc., Cordlife, Cryo-Cell International, Inc., Cryo-Save AG, Lifecell, Stemcyte, ViaCord, Smart Cells Plus, Cryoviva India, Cordvida, China Cord Blood Corporation, Esperite N.V., NeoStem, Arteriocyte Medical Systems, Inc., Brainstorm Cell Therapeutics, Capricor Therapeutics, Takara Bio Company, Cellerant Therapeutics, Inc., Gamida Cell, NovaCord, ReNeuron Group plc, StemOne Biologicals, ReeLabs Pvt. Ltd. among others.
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