Cord Blood Banking Services Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Cord blood cells have large amount of stem cells which can be transformed in all types of blood cells. These can be used to treat conditions such as leukemia, other cancers, sickle-cell anemia, and other metabolic disorders. The fluid collected from the umbilical cord has 10 times more stem cells than those collected from bone marrow.

MARKET SCOPE

The "Global Cord Blood Banking Services Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Cord Blood Banking Services market with detailed market segmentation by storage services, component, application, and end user and geography. The report provides key statistics on the market status of the leading Cord Blood Banking Services market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on storage services, the global Cord Blood Banking Services market is segmented into Public, Private, Hybrid.
  
•   Based on component, the global Cord Blood Banking Services market is segmented into Cord Blood, Placenta.
  
•   Based on application, the global Cord Blood Banking Services market is segmented into Cancers, Blood Disorders, Metabolic Disorders, Immune Disorders, Osteoporosis.
  
•   Based on End-User the global Cord Blood Banking Services market is segmented into Hospital, Pharmaceutical Companies, Research Institutes, Others.
  

MARKET DYNAMICS

Drivers:

•   Rising Prevelance of Genetic Disorder
  
•   Rising R&D Expenditure
  

Restraints:

•   Stringent Regulatory Environment
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Cord Blood Banking Services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Cord Blood Banking Services market in these regions.

IMPACT OF COVID-19 ON CORD BLOOD BANKING SERVICES MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. However, there are Clinical Studies published using cord tissue stem cells in the treatment of covid-19.

MARKET PLAYERS

The report covers key developments in the Cord Blood Banking Services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Cord Blood Banking Services market are anticipated to lucrative growth opportunities in the future with the rising demand for Cord Blood Banking Services in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cord blood banking Services market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Cord Blood Corporation
  
•   CBR Systems Inc.
  
•   PerkinElmer Inc. (ViaCord LLC)
  
•   Cryo-Cell International
  
•   Cordlife Group Limited
  
•   AlphaCord LLC
  
•   ATCC
  
•   CSG-BIO
  
•   Cryobank Stem Cell Services LLC
  
•   CryoHoldco
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Cord Blood Banking Services Report Scope