The Umbilical Cord Blood (UCB) Banking Market is expected to grow from USD 16.88 billion in 2019 and to reach USD 25.90 billion by 2027, growing at a CAGR of 5% during the forecast period 2021-2027.
The Umbilical cord blood bank is a method of preserving/preserving blood in the umbilical cord for future use. This preserved cord blood is utilized for treatment in a manner similar to stem cells obtained from bone marrow. Cord blood is considered a prospective source of progenitor cells that can be used for the reconstitution of organs, tissues, and other functional areas. UCB is taken from the umbilical cord of the newborn and the placenta after delivery. It is rich in adult stem cells that regulate all biological activities and play an important role in the development of tissues in the human body.
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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
- Cord Blood Registry Systems, Inc.
- Cordlife Group Limited.
- Cord Blood America, Inc.
- NeoStem Inc.
- Cryo-Cell International, Inc.
- ViaCord.
- Esperite NV.
- Smart Cells International Ltd.
- China Cord Blood Corporation.
Scope of the Report
The research study analyzes the global Umbilical Cord Blood (UCB) 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
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 (UCB) Banking Market Report
1. What was the Umbilical Cord Blood (UCB) 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 (UCB) 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 (UCB) 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 (UCB) Banking market.
- The market share of the global Umbilical Cord Blood (UCB) 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 (UCB) Banking market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Umbilical Cord Blood (UCB) Banking market.
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