DUBLIN--(BUSINESS WIRE)--The "Global Umbilical Cord Blood Banking Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to ResearchAndMarkets.com's offering.
The umbilical cord blood banking market was valued at USD 2,875.2 Milion in 2016, and is expected to reach USD 7,623.3 Million by 2025, expanding at a CAGR of 11.3% from 2017 to 2025.
The umbilical cord blood banking market is growing due to key factors such as rising public awareness related with the benefits associated with umbilical cord harvesting and storage, increasing number of umbilical banks across the globe, and supportive government policies.
In case of private and public cord blood banks, private cord blood banks always dominated the market for being first choice of donors due to complete ownership rights secured by the donor, widespread collection sites, and high assurance related with the security and storage facilities of these private cord blood banks. Rising prevalence of cancer coupled with increasing adoption of stem cell-based treatments in developed countries have fueled the demand for umbilical cord blood banking market.
Key Market Movements:
- Rise in hematopoietic stem cell transplantation rates fuelling the demand for umbilical cord blood banking
- Incessant developments in cord blood processing and storage facilities
- Increasing public awareness associated with stem cell therapy along with adoption of cord blood banking
- Umbilical blood processing and storage incurs high cost which is hampering the market growth in developing coutries
Key Topics Covered:
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Umbilical Cord Blood Banking Market: Market Dynamics and Future Outlook
Chapter 4. Global Umbilical Cord Blood Banking Market, by Storage, 2015 - 2025 (US$ Mn)
Chapter 5. Global Umbilical Cord Blood Banking Market, by Application, 2015 - 2025 (US$ Mn)
Chapter 6. Global Umbilical Cord Blood Banking Market, by Geography, 2015 - 2025 (US$ Mn)
Chapter 7. Company Profiles
- CBR Systems, Inc.
- ViaCord Inc.
- China Cord Blood Corporation
- Cord Blood America, Inc.
- Cryo-Cell International, Inc.
- Cryo-Save AG.
- Cordlife Group Ltd.
- Vita 34 AG
- StemCyte Inc.
For more information about this report visit https://www.researchandmarkets.com/research/6j85w8/global_umbilical?w=4