The Umbilical Cord Blood Banking Market is estimated at USD 17.15 billion in 2019 and is expected to grow at a CAGR of 6% from 2021 to 2027, to reach USD 23.06 billion by 2027.
Cord blood, or umbilical cord blood, is the blood remaining inside the placenta and umbilical cord after delivery. At the end of the term, a maternal-fetal cell transplant occurs, which improves the immune system of the baby and mother to prepare them for childbirth. Cord blood is a very rich source of stem cells. It also contains cells of the immune system. Cord blood refers to the process of collecting this cord blood, extracting it from the source, and cryogenically freezing it in stem cells or other immune system cells. It is then stored for future medical use.
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Market Segments
By Service type
- Sample Preservation and Storage
- Sample Analysis
- Sample Processing
- Sample Collection and Transportation
By Application
- Leukaemia
- Bone marrow failure Syndrome
- Metabolic disorder
- lymphoma
- Immune deficiencies
By storage option
- Public UCB banks
- private UCB banks
Key Players
Major players operating in this segment include Cord Blood Registry Systems (US), ATCC (US), CORDLIFE GROUP (Singapore), Cord Blood America (US), Caladrius Biosciences (US) Cryo-Cell International (US), ViaCord (US), Esperite N.V. (The Netherlands), Smart Cells International (UK) and China Cord Blood Corporation (China).
Scope of the Report
The research study analyzes the global Umbilical Cord Blood Banking industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Umbilical Cord Blood Banking Market is available at: https://www.orionmarketreports.com/umbilical-cord-blood-banking-market/67985/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Umbilical Cord Blood Banking Market Report
1. What was the Umbilical Cord Blood Banking Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Umbilical Cord Blood Banking Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Umbilical Cord Blood Banking Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Umbilical Cord Blood Banking market.
- The market share of the global Umbilical Cord Blood Banking market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Umbilical Cord Blood Banking market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Umbilical Cord Blood Banking market.
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