MarketStudyReport.com Adds New Report Cord Blood Banking Market 2019 – 2025 research report providing information and data By Type of Bank, By Services, By Application, By End-use, Industry Analysis, Regional Outlook, Growth Potential, Market Share & Forecast spreading across 180 Pages with table and figures in it.
Delaware, Selbyville – November 28, 2019 /MarketersMedia/ —
Hospitals business segment is expected to reach USD 13.2 billion by 2025 owing to growing need of stem cells for treatment of genetic diseases. Additionally, large number of patients prefer availing treatments in hospitals to gain holistic treatment options. Increasing prevalence of genetic diseases and growing healthcare infrastructure will boost industry growth.
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Tremendous increase in number of patients suffering from life-threatening genetic disorders will act as a high impact rendering factor for cord blood banking market growth. As per the World Health Organization (WHO) estimates, in European Union, about 1 in 2000 new born babies are found to be affected by cystic fibrosis. With growing prevalence of genetic diseases, the demand for cord blood banking is estimated to grow in the future.
Private cord blood banks segment accounted for revenue of USD 13.7 billion in 2018. Growing trend of long-term storage and preservation of cord blood cells in private banks will spur segment growth. Various discounted offers for long-term storage and rising awareness about benefits of cord blood banking will further propel industry growth in the future.
Cord blood banking Market will exceed USD 23 billion by 2025; as per a new research report. Increasing research and development activities to explore new therapeutic avenues for cord blood stem cells will boost industry growth in the future. A wide array of above 80 genetic and idiopathic diseases are being cured currently. Many research institutes are focusing on developing novel therapies using cord blood stem cells for brain injuries and neurological disorders, thus driving market growth.
Growing awareness regarding cord blood cell storage in private cord blood banks will drive storage services market growth in the future ad will grow at 5.6% CAGR from 2019 to 2025. Various government initiatives for encouraging parents and mothers for donation of cord blood cells of the new born babies will further propel storage service market over the forecast timeframe.
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Spain cord blood banking market accounted for largest share in 2018 and is forecasted to reach USD 1,992.3 million by 2025. Increasing preference for storage of cord blood in public and private banks for treatment purposes will spur country growth. Moreover, favorable government support and presence of well-established cord blood bank network will further foster Spain cord blood banking market growth.
India cord blood banking market is forecasted to expand at 6.9% CAGR over the forecast period. Initiatives taken by various non-government organizations to provide funding for public cord blood bank with an aim to make stem cells available to Indian population at affordable prices will favor cord blood banking industry growth across the forecast timeframe.
Few of the prominent market players involved in global cord blood banking market are CBR Systems, Inc., Cordlife, Cryo-Save AG, FamiCord, Global Cord Blood Corporation, Americord, LifeCell, Jeevan Stem Cell Foundation, Singapore Cord Blood Bank and ViaCord LLC. Key players are engaged in research and development initiatives to enhance their market foothold and expand geographic reach. For instance, in January 2014, CBR Systems, Inc. announced the beginning of FDA-regulated study of cord blood stem cells to treat acquired hearing loss. This new research enabled the company to cover more aspects of applications related to cord blood thus, expanding its services platform.
Table of content:
Chapter 1. Methodology
1.1. Methodology
1.2. Market definition
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Cord blood banking industry 360 degree synopsis, 2014 – 2025
2.1.1. Business trends
2.1.2. Type of bank trends
2.1.3. Services trends
2.1.4. Application trends
2.1.5. End-use trends
2.1.6. Regional trends
Chapter 3. Cord Blood Banking Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 – 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Increasing prevalence of life-threatening genetic diseases
3.3.1.2. Rising awareness pertaining to therapeutic application of cord blood
3.3.1.3. Government initiatives and funding in developed economies
3.3.1.4. Growing clinical trials in regenerative medicine
3.3.2. Industry pitfalls & challenges
3.3.2.1. Lack of uniformity in regulatory policies
3.3.2.2. Large out-of-pocket expenditure
3.3.2.3. Low acceptance rate in developing countries
3.4. Growth potential analysis
3.4.1. By type of bank
3.4.2. By services
3.4.3. By application
3.4.4. By end-use
3.5. Regulatory scenario
3.6. Public vs. private cord blood banking
3.7. Porter’s analysis
3.8. Competitive landscape, 2017
3.8.1. Strategy dashboard
3.9. PESTEL analysis
Chapter 4. Cord Blood Banking Market, By Type of Bank
4.1. Key segment trends
4.2. Public
4.2.1. Market size, by region, 2014 – 2025 (USD Million)
4.3. Private
4.3.1. Market size, by region, 2014 – 2025 (USD Million)
More Details on this Report At: https://www.marketstudyreport.com/reports/cord-blood-banking-market
Related Report:
North America Umbilical Cord Blood Banking Market Report (2014-2024) – Market Size, Share, Price, Trend and Forecast
This report is an essential reference for who looks for detailed information on North America Umbilical Cord Blood Banking market. The report covers data on North America markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as North America major vendors?? information. In addition to the data part, the report also provides overview of Umbilical Cord Blood Banking market, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user’s requirements is also available.
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