(Companies Covered: AMAG Pharmaceuticals, Cordlife, Cryo-Cell International, Esperite, Americord Registry LLC, China Cord Blood Corporation, Cordlife Group Limited, CordVida, ESPERITE N.V., Cryo Stemcell, Lifecell, PerkinElmer, Reelabs, Smart Cells International, Stemade Biotech, StemCyte, ViaCord, Americord, LifeCell International, Cryoviva India, Cytori Therapeutics, Thermo Fisher Scientific, Cord Blood America, Inc., Stem Cyte)
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 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 compound annual growth rate 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.
Global Stem Cell/Cord Blood Banking Market Segmentation –
1) By Cell Type: Adult Stem Cells, Umbilical Cord Blood Stem Cells, Embryonic Stem Cells.
2) By Service : Collection, Processing, Analysis, Storage.
3) By Bank Type: Public, Private.
4) By Application : Leukemia, Anemia, Thalassemia, Autism, Cerebral palsy, Diabetes, Others.
Global Stem Cell/Cord Blood Banking Market Driver –
Increasing number of cancer patients is a major driver for the stem cell /cord blood banking market. Cancer diseases such as leukemia and multiple myeloma can be treated by stem cell transplant. In stem cell transplant, treatment can be either done by autologous transplant in which the stem cells come from the same person who gets the transplant or by allogeneic transplant in which means the stem cells come from a matched related or unrelated donor.
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Few Points From The Global Stem Cell/Cord Blood Banking Market TOC
1. Executive Summary
2. Stem Cell Cord Blood Banking Market Characteristics
3. Stem Cell Cord Blood Banking Market Size And Growth
3.1. Global Stem Cell Cord Blood Banking Historic Market, 2015-2019, $ Billion
3.2. Global Stem Cell Cord Blood Banking Forecast Market, 2019-2023F, 2025F, 2030F, $ Billion
4. Stem Cell Cord Blood Banking Market Segmentation
4.1. Global Stem Cell Cord Blood Banking Market, Segmentation By Cell Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.2. Global Stem Cell Cord Blood Banking Market, Segmentation By Service, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.3. Global Stem Cell Cord Blood Banking Market, Segmentation By Bank Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
4.4. Global Stem Cell Cord Blood Banking Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5. Stem Cell Cord Blood Banking Market Regional And Country Analysis
5.1. Global Stem Cell Cord Blood Banking Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Stem Cell Cord Blood Banking Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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