Product Code: RP-ID-10012789 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Healthcare & Pharmaceuticals |
Report ID: 10012789
Market Overview:
Global Cord Blood Banking Services Market Size Study By Bank Types (Private, Public, and Hybrid), and By Regional (North America, Europe, Asia Pacific, Latin America, and Rest of the World) Forecasts, 2018-2025
Global Cord Blood Banking Services Market to reach USD 80.23 billion by 2025.
Global Cord Blood Banking Services Market valued approximately USD 28.68 billion in 2016 is forecasted to grow with a healthy growth rate of more than 12.11% over the forecast period 2018-2025. The major factors contemplated to augment the markets are stem cells in genetic disease treatment and growing usage of cord blood, growing awareness about the benefits, wide availability of service providers along with insurance coverage. Cord blood banking is the process of accumulating the cord blood and extracting & cryogenically freezing its stem cells and other cells of the immune system for potential future medical use.
The regional analysis of Global Cord Blood Banking Services Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Bank Types:
 Private
 Public
 Hybrid
By Regions:
 North America
o U.S.
o Canada
 Europe
o UK
o Germany
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
o Mexico
 Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include CBR Systems, Inc., China Cord Blood Corporation, Cryo-Cell International, Inc., Cord Blood America, Inc., Cordlife Group Limited, Cryo-Save AG, ViaCord, Inc., Lifeforce Cryobanks, Virgin Health Bank, National Cord Blood Program, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Target Audience of the Cord Blood Banking Services Market Study:
 Key Consulting Companies & Advisors
 Large, medium-sized, and small enterprises
 Venture capitalists
 Value-Added Resellers (VARs)
 Third-party knowledge providers
 Investment bankers
 Investors
China Cord Blood Corporation
Cryo-Cell International, Inc.
Cord Blood America, Inc.
Cordlife Group Limited
Cryo-Save AG
ViaCord, Inc.
Lifeforce Cryobanks
Virgin Health Bank
National Cord Blood Program
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