Umbilical Cord Blood Banking Market Share, Segmentation, Report 2024 - PowerPoint PPT Presentation

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Umbilical Cord Blood Banking Market Share, Segmentation, Report 2024

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Rising number of stem cell transplants globally coupled with the potential of stem cells to treat various devastating chronic and genetic disorders are additional chief factors boosting the umbilical cord blood banking market growth. Based on a recent study, more than 1.3 million stem cell transplants were performed in 2015 across the globe and the number is expected to rise in the future fueling demand for blood storage in the future. – PowerPoint PPT presentation

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Title: Umbilical Cord Blood Banking Market Share, Segmentation, Report 2024


1
Umbilical Cord Blood Banking Market Size,
Industry Analysis Report, Regional Outlook 2017
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Regional Analysis of Umbilical Cord Blood Banking
Market
  • North America dominated the industry in 2016
    pertaining to the presence of well-established
    public and private blood banks along with
    increasing demand for cord blood and tissue for
    treatment of devastating diseases.
  • Moreover, the U.S. will play a significant role
    in amplifying the North America share, owing to
    the rising prevalence of chronic ailments coupled
    with rising funding for stem cell research in the
    region. For instance,
  • National Institute of Health (NIH) has invested
    USD 42 million in 2016 for umbilical cord blood
    stem cell research in the U.S. which further
    escalates the demand for storage in the coming
    years.

3
  • India umbilical cord blood banking market will
    grow at a rapid pace and should drive the Asia
    Pacific market share in the coming years.
  • Rising patient pool, unavailability of matching
    donor for stem cell transplant for cancer
    treatment coupled with unaffordable treatment
    procedures will fuel the demand for storage of
    own blood cells for treatment of life-threatening
    diseases thereby stimulating the overall industry
    growth in the future.

4
Competitive Market Share of Umbilical Cord Blood
Banking Market
  • Key industry players include CBR Systems,
    AmeriCord, StemCyte, LifeCell, CorCell, CryoSave,
    Cryo-Cell, Cordlife, Cryoviva, ViaCord, Cell
    Care, China Cord Blood and FamilyCord.
  • The companies are focusing on innovative product
    launch and strategic alliances to expand their
    business portfolio. In October 2016, Australias
    largest cord blood bank - Cell Care entered an
    acquisition agreement with Insception Lifebank
    which forms Canadas largest repository.
  • This strategy enables the combined entity to
    expand its RD activities across the globe
    thereby augmenting business growth over the
    forecast period.

5

Browse Full Market Research Report On Umbilical
Cord Blood Banking Market _at_ http//bit.ly/2vLnej3
Request for an in-depth table of contents for
this report _at_ http//bit.ly/2x78GJT
6
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