Trusted Business Insights answers what are the scenarios for    growth and recovery and whether there will be any lasting    structural impact from the unfolding crisis for the Cord Blood    Banking market.  
    Trusted Business Insights presents an updated and Latest Study    on Cord Blood Banking Market 2019-2026. The report contains    market predictions related to market size, revenue, production,    CAGR, Consumption, gross margin, price, and other substantial    factors. While emphasizing the key driving and restraining    forces for this market, the report also offers a complete study    of the future trends and developments of the market.The    report further elaborates on the micro and macroeconomic    aspects including the socio-political landscape that is    anticipated to shape the demand of the Cord Blood Banking    market during the forecast period (2019-2029).    It also examines the role of the leading market players    involved in the industry including their corporate overview,    financial summary, and SWOT analysis.  
    Get Sample Copy of this Report @ Cord Blood Banking    Market Research Report  Forecast to 2029 (Includes Business    Impact of COVID-19)  
    Abstract, Snapshot, Market Analysis & Market Definition:    Cord Blood Banking Market    Industry / Sector Trends  
    Cord Blood Banking Market size was valued over USD 16 billion    in 2018 and is expected to witness more than 5% CAGR from 2019    to 2025.  
    U.S. cord blood banking market, by type of bank, 2018 &    2025 (USD Million)  
    Growing prevalence of genetic disorders such as sickle cell    anemia, thalassemia, cystic fibrosis, Tay-Sachs disease,    haemophilia, fragile X syndrome and Huntingtons disease are    the primary factor for the growth of cord blood banking market.    As per the WHO estimates, about 2 million people in the U.S.    are estimated to carry sickle cell allele. Growing burden of    genetic disorders will drive the demand for cord blood    transplantations in the future, thus fostering business growth.  
    Increasing awareness pertaining to various therapeutic    applications of cord blood cells will serve as high impact    rendering factor. Numerous government and private organizations    are involved in creating awareness regarding numerous    advantages of preservation of cord blood. For instance, In    April 2015, BioInformant Worldwide partnered with Save the Cord    Foundation to launch cord blood banking awareness campaign with    an aim to educate expecting parents about the medical benefits    of cord blood preservation. Aforementioned factors will be    conducive to industry growth.  
    Market Segmentation, Outlook & Regional Insights: Cord    Blood Banking Market  
    Cord Blood Banking Market, By Type of Bank  
    Germany cord blood banking market share, by type of bank, 2018  
    Private cord blood banks held majority share of the total    market, accounting for revenue of USD 13.7 billion in 2018.    Growing awareness among expectant parents as well as high    demand to safeguard the health of family members by storing and    preserving precious cord blood stem cells will drive the    private cord blood banking market. Factors such as sufficient    supply of cord blood along with guarantee for the availability    of cells for transplantation in multiple relatives further will    boost segmental growth.  
    Public cord blood banks are forecasted to expand at a CAGR of    6.1% from 2019 to 2025. Factors such as increase in the number    and diversity of cord blood units available for patients and    strong support from the federal and private funding will propel    the demand for public cord blood banking, hence enhancing the    segmental growth. Moreover, public banks are the primary source    of cord blood cells for research professionals to investigate    novel and potentially life-saving therapies for the patient    population, thus propelling segment growth.  
    Cord Blood Banking Market, By Services  
    Processing service market segment accounted for USD 12.6    billion in 2018 and is expected to dominate the industry during    the forecast timeframe. High growth is attributed to various    technological advancements in cord blood processing methods.    For instance, PrepaCyte-CB is a premium processing method of    Cryo-Cell that provides better separation along with less    crossover of the red and white cells. Contamination of red    blood cells can be toxic and may lead to loss of precious cord    blood cells during freezing. Removal of RBCs require    processing, thus leading to segmental growth during the    forecast period.  
    Storage service market segment will grow rapidly at 5.6% during    the forecast timeframe. High growth is attributed to increasing    number of expectant parents availing preservation of the    new-borns cord blood cells. Additionally, various offers and    discounts gives by private cord blood banks for long-term    storage of cord blood cells of infants will significantly drive    the storage services in the future.  
    Cord Blood Banking Market, By Application  
    Immuno-deficiency disorders is expected to grow at 5.6% in the    upcoming years. Cord blood cells are increasingly being used    for the treatment of primary immuno-deficiency disorders.    Factors such as rapid and reliable recovery of immune function,    low risk of graft versus host disease, and low viral    transmission rate will boost the growth of the market for    immuno-deficiency disorders treatment. In addition, government    organizations are constantly providing funds along with    spreading awareness related to stem cell transplants thus    propelling segment growth.  
    Metabolic disorders segment accounted for USD 1.9 billion in    2018. Rising incidence of various metabolic disorders such as    Krabbe leukodystrophy, Gunther Disease, Tay-Sachs disease will    boost the application of cord blood cells for treatment of    metabolic disorders. Cord blood cells are less reactive and    more adaptable once they enter the patients body. Cord blood    stem cell transplantation is the only effective treatment for    the ailment in mildly affected late-onset patients and    pre-symptomatic infantile patients, hence expanding the segment    growth during the forecast timeframe.  
    Cord Blood Banking Market, By End-use  
    Hospitals segment accounted for revenue of USD 9.4 billion in    2018. Hospitals have a complete transplantation set up with    latest technology and a highly experienced and qualified    healthcare personnel. Furthermore, advancements in the field of    cord blood banking and its growing popularity will consequently    increase the application of cord blood transplantations in the    near future. Increasing prevalence of genetic diseases and    cancer around the globe is driving the hospitals market for    cord blood treatment.  
    Specialty clinics segment held market share of 21.9% in 2018.    Specialty clinics segment will have moderate growth rate due to    increasing technological advancements that improve the quality    of treatment related to cord blood transplantations. Major    public and private banks facilitate cord blood units that are    successfully used in the treatment of various form of cancer    and genetic diseases, hence enhancing the segmental growth.  
    Cord Blood Banking Market, By Region  
    North America cord blood banking market share, by country, 2025    (USD Million)  
    North American market is expected to reach USD 6.9 billion by    2025. High growth rate is attributed to presence of large    number of players operating in the country, thus augmenting    market growth. Additionally, presence of large number of    genetic disorders will further fuel the demand for cord blood    cells market. Moreover, continuous efforts by researchers to    explore new therapeutic applications of cord blood cells will    spur market growth.  
    Asia Pacific cord blood banking market is forecasted to show    growth of 6.7% from 2019 to 2025. High growth is    attributable to increasing awareness regarding the advantages    of preservation of cord blood cells across the developing    economies of India and China. Additionally, these countries    have great potential for growth due to comparatively higher    birth rate. Furthermore, various market players are entering    the developing nations to explore untapped opportunities, thus    fostering business growth in the region.  
    Key Players, Recent Developments & Sector Viewpoints:    Cord Blood Banking Market  
    Key industry players in global cord blood banking market are    Singapore Cord Blood Bank, CBR Systems, ViaCord LLC, Cordlife,    FamiCord, Cryo-Save, Americord, Global Cord Blood Corporation,    LifeCell and Jeevan Stem Cell Foundation. Various strategies    such as collaborations, acquisitions, mergers are undertaken by    these players to strengthen market position.  
    Recent industry developments:  
    In April 2019, FamiCord Group announced the agreement of future    business cooperation with CelluGen Biotech (India). This    agreement will assist to generate beneficial synergies for both    the companies in the field of family-based stem cell banking    and the development of new stem cell-based drugs  
    In September 2018, CryoSave announced the introduction of its    new storage facility in Geneva. This new safe and secure sample    storage BioBank in its state-of-the-art central laboratory    ensures a capacity of cryopreservation for more than millions    of samples thus, increasing its storage facilities.  
    Cord Blood Banking Industry Viewpoint  
    Cord blood transplant can be traced back to the early 1990s    when the first cord blood transplant was performed for treating    T?cell leukemia. Since then, the technique underwent numerous    advancements due to extensive R&D activities to explore new    therapeutic implications. Currently cord blood is used for more    than 80 therapeutic applications ranging from genetic disorders    to metabolic disorders. In 2005, National Cord Blood Inventory    (NCBI) was formed with the aim to increase the national supply    of publicly donated cord blood units. Cord blood banking    industry is expected to grow swiftly in the developing    economies such as India and China due to high birth rate and    growing healthcare infrastructure. Major market players are    exploring the untapped opportunities to increase their market    presence that will further boost cord blood banking industry.  
    Key Insights Covered: Exhaustive Cord Blood Banking    Market    1. Market size (sales, revenue and growth rate) of Cord Blood    Banking industry.    2. Global major manufacturers operating situation (sales,    revenue, growth rate and gross margin) of Cord Blood Banking    industry.    3. SWOT analysis, New Project Investment Feasibility Analysis,    Upstream raw materials and manufacturing equipment &    Industry chain analysis of Cord Blood Banking industry.    4. Market size (sales, revenue) forecast by regions and    countries from 2019 to 2025 of Cord Blood Banking industry.  
    Research Methodology: Cord Blood Banking Market  
    Quick Read Table of Contents of this Report @ Cord Blood Banking    Market Research Report  Forecast to 2029 (Includes Business    Impact of COVID-19)  
    Trusted    Business Insights    Shelly Arnold    Media & Marketing Executive        Email Me For Any Clarifications    Connect    on LinkedIn    Click to    follow Trusted Business Insights LinkedIn for Market Data and    Updates.    US: +1 646 568 9797    UK: +44 330 808 0580  
Read the rest here:
Cord Blood Banking Market 2020: Global Industry Analysis By Size, Share, Growth, Trends And Forecast To 2026 - Cole of Duty