Press release
Global Umbilical Cord Blood Banking Market : Segment Snapshot and Table of Content (2017 – 2025)
Some of the leading players in the market are CBR Systems, Inc., ViaCord Inc., China Cord Blood Corporation, Cord Blood America, Inc., Cryo-Cell International, Inc., Cryo-Save AG, Cordlife Group Ltd., Vita 34 AG, LifeCell, and StemCyte Inc.
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The Global Umbilical Cord Blood Banking Market is segmented on the basis of expression system, Application, Geography, End-user and region
Based on type of storage, the umbilical cord blood banking market has been majorly segmented into: public cord blood banks and private cord blood banks. In terms of application, the umbilical cord blood banking market divided into cancers, blood disorders, metabolic disorders, immune disorders, osteopetrosis, and others. In terms of end-users, the umbilical cord blood banking market has been broadly classified into hospitals (Medical Applications), pharmaceutical research (Drug Discovery), and research institutes (Scientific Research).
Each of the market segments have been extensively analyzed based on the market related factors such as increasing adoption rate of umbilical cord blood banking and stem cell therapy, technological advancement, and growing number of use of stem cells therapy in various applications. Moreover, historical year-on-year growth have been taken into consideration while estimating the market size. The market size and forecast in terms of US$ million for each segment has been provided for the period from 2015 to 2025. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2017 to 2025, considering 2016 as the base year.
Geographically, umbilical cord blood banking market has been segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market size and forecast for each of these regions has been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year. The report also provides with market size and forecast for major countries in the respective regions. A detailed qualitative analysis of factors responsible for driving and restraining the market growth and future opportunities has been provided in the market overview section.
65.0% of the global market in 2016 and is expected to remain the dominant segment despite high initial as well as yearly costs incurred for the processing, testing, and storage of cord blood units in private banks. The high level of assurance and security to cord blood provided by private banks, the provision of complete ownership rights to the donor, and flexible collection sites are some of the key factors compelling end-users to prefer private cord banks instead of public cord banks.
North America presently dominates the global umbilical cord blood banking market, accounting for over 38% of the global umbilical cord blood banking market in 2016. The North America market is expected to exhibit strong growth in the next few years due to the increasing demand for stem cell research and public awareness about cord blood banking. Demand for cord blood banking in North America is high in the U.S., which held 83.8% market share in 2016, followed by Canada.
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Summary of Table of Content
Preface
Assumptions and Research Methodology
Executive Summary
Market Overview
Market Dynamics
Regulatory Status for Using Cord Blood Banking
Global Umbilical Cord Blood Banking Market Analysis, by Type of Storage
Global Umbilical Cord Blood Banking Market Analysis, by Application
Global Umbilical Cord Blood Banking Market Analysis, by End-user
Global Umbilical Cord Blood Banking Market Analysis, by Region
North America Umbilical Cord Blood Banking Market Analysis
Europe Umbilical Cord Blood Banking Market Analysis
Asia Pacific Umbilical Cord Blood Banking Market Analysis
Latin America Umbilical Cord Blood Banking Market Analysis
Middle East & Africa Umbilical Cord Blood Banking Market Analysis
Competition Landscape
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