Title: The Umbilical Cord Blood Banking Market To Witness Dynamic Growth With Innovations
1The Umbilical Cord Blood Banking Market To
Witness Dynamic Growth With Innovations
Report Id PMRREP3043 Category Life Science
Healthcare
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3North America to remain dominant in the global
parenteral medical nutrition market
- However, strict license and accreditation
procedures and high cord blood banking fee in
private banks hampers the growth of global UCB
banking market. As a result, the global UCB
banking market is expected to grow a CAGR of 6.1
during 2014-2020. - North America has the largest market for UCB
banking. Increasing prevalence of chronic
diseases is key driver of UCB banking market in
the region. In addition, various government
associations have also led to the importance of
cord blood donation and services for its future
use in North America. - Similarly, the European UCB banking market is
mainly driven by the increasing prevalence of
diseases. In addition, increased awareness about
therapeutic applications of cord blood and rising
number of live births are also contributing in
the growth of the UCB market in the region.
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4Market Segmentation
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