The Cord Blood Banking Services Market is expected to register a CAGR of 11.3% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Storage Services (Public, Private, Hybrid); Component (Cord Blood, Placenta), and Application (Cancers, Blood Disorders, Metabolic Disorders, Immune Disorders, Osteoporosis). The global analysis is broken down at the regional level and for major countries. The market evaluation is presented in US$ for the above segmental analysis.
Purpose of the ReportThe report Cord Blood Banking Services Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Cord Blood Banking Services Market Segmentation
Storage Services- Public
- Private
- Hybrid
- Cord Blood
- Placenta
- Cancers
- Blood Disorders
- Metabolic Disorders
- Immune Disorders
- Osteoporosis
Strategic Insights
Cord Blood Banking Services Market Growth Drivers- Increasing Demand for Cord blood Stem Cells: The main force driving growth in cord blood banking services comes from rising demand for umbilical cord blood stem cells. The umbilical cord contains stem cells that doctors use to treat various health issues like cancer and immune system problems plus genetic disorders. People who care for babies and their parents now see the need to save umbilical cord blood and our sector receives more customer orders because of this. Stem cell therapies using cord blood drive market expansion as they benefit both children and adults. More families now choose to store their newborn's cord blood because they understand its value better. Research results about stem cells will boost this market because they show how valuable cord blood treatments can be. As more cord blood banks enter the market both public and private they drive up competition between established leaders. Medical professionals and cord blood banks run service campaigns to increase market activity through public education about the benefits of cord blood banking.
- Developments in Stem Cell Studies: Research and development of stem cell treatments pushes the cord blood banking services market forward. Stem cells from cord blood now effectively treat many life-threatening diseases including leukemia lymphoma and genetic defects. New medical discoveries made people want to save and use their baby's cord blood for future medical treatments. Stem cell research growth creates a bigger demand for cord blood banking services which opens up new medical applications for stem cells. According to market research, the development of new medical treatments through regenerative medicine and immunotherapy will keep driving this market growth because physicians use cord blood stem cells in novel therapy applications. When healthcare providers use more cord blood in proven and new medical treatments they will need more storage units. The expansion of cord blood bank operations will grow as more people store their blood. Technological improvements and uniform practices make it safer for families to store their blood while making the service available to more people which grows the market.
- Government Activities and Policies: The growth of the cord blood banking services market depends on government support and helpful regulations. Different national governments support stem cell research by making sure stem cell treatments remain secure and useful. Several countries including the US, Canada, and many European nations control how stem cells are collected stored and discarded. These laws permit organizations to create public and private cord blood banks that store and protect harvested stem cells according to legal standards. The growth in market share of public and private cord blood banks happens because governments support parents who store newborn cord blood. Government-supported cord blood research programs made treatments accessible to everyone so more families began saving their baby's cord blood. Market research shows the number of people using cord blood services will rise because new government rules help the industry grow. The market grows because people learn about these helpful regulations and they start using more services.
- Incorporation of Technology Innovations in Storage and Processing: The most important market trends for cord blood banking will include using advanced technology in cord blood storage and handling. As storage demand grows companies must create new methods to process cord blood safely and efficiently. Modern cryopreservation and biobanking processes help stored tissue retain higher quality stem cells that last longer. Stem cells that undergo advanced preservation methods have better chances of being effective when used for medical treatment later on. New processing equipment and monitoring tools are improving how cord blood banks operate which leads to better service for their customers. Research indicates the cord blood banking services market will advance because advanced technology creates safer methods of service delivery. Companies that invest in advanced technologies will win market share because they offer superior quality service to cord blood banks.
- Rise of Stem Cell Treatments for Chronic Diseases: The market for cord blood banking services grows because patients now receive more stem cell treatments for chronic conditions. The effectiveness of stem cell treatments is proven across different types of cells including cord blood cells which help treat diseases such as neurological conditions heart conditions and autoimmune disorders. The increasing success of stem cell trials creates higher demand for cord blood which leads to more investments in its storage. Stem cell-based medical procedures that treat chronic diseases fuel market expansion. Market experts expect mainstream medical centers to use stem cell products more often as research brings new discoveries which makes people choose cord blood banking services more often. As medical researchers learn more about stem cell applications for chronic diseases the market demand for these services will grow and so will the number of cord blood banks that offer them.
- Augmentation of Public Cord Blood Banks: Public cord blood banks show strong market growth direction as they become a popular option in cord blood banking. Pregnant women donate their cord blood to public banks which then share these samples with patients who need them such as leukemia patients and others suffering from blood diseases. Growing public donations especially from nonprofit organizations and government agencies make the market grow bigger. Private cord blood banking no longer works because people see these facilities as public banks especially when healthcare access is limited. Public banks will gain more clients because people recognize their safety and reliability especially in healthcare systems that already exist. Market predictions show public cord blood banks will continue growing thanks to modern technology and increased understanding of how donated cord blood saves patients. The growth of the total cord blood banking services market will benefit when families deposit their cord blood into public collections because more families will participate.
- Increased Demand for Private Cord Blood Banking: Private cord blood banking shows rapid market expansion. Some parents start private banking because they want to save their newborn's cord blood for possible medical use later. This market for private banking grows in countries with good healthcare and families learn how their baby's stem cells can save lives. Research shows private storage demand will keep rising because parents understand cord blood may help their children fight cancer or genetic disorders later in life. As private banking services grow more dependable parents will choose private banking over donating to public programs. Advanced private storage options and better technology will make private cord blood banking the market leader in the future. As market demand grows private cord blood banks will benefit from more trusting customers who have more money to spend. Premium banking providers with their top-quality services and custom storage solutions will take more market share from private banking growth which will boost the whole cord blood banking market.
- Second-Party Technologies For Cryopreservation: Third-party technologies that preserve and store blood cryogenically help the cord blood banking services industry grow rapidly. As technology advances to protect cord blood better the longer it stays in storage the more valuable private banking services become. Modern freezing methods now help stem cells survive better for future medical use. Cord blood banks use automated technology to monitor temperature and keep blood safe through real-time systems. They ensure clients get dependable service from cord blood banks which leads to better results with stem cell treatments. These technologies improve market growth while increasing the number of people who trust cord blood banks to store their assets. The market shows that families will store their child's cord blood because stem cells can survive many years or even centuries thanks to technological advancements. The market will develop long-term because advanced storage methods will improve through technological advancements.
- Adoption of Stem Cell-Based Therapies in Regenerative Medicine: Advancements in stem cell therapy for regenerative medicine create new business opportunities for cord blood banking companies. Doctors can now use stem cells regularly to repair damaged organs and treat patients who have chronic health problems. Stem cells from umbilical cord blood can treat different medical conditions because they have self-renewing properties. As regenerative medicine grows in popularity stem cells from cord blood need more attention because new clinical trials show promising results with their use in therapy. Market data shows that worldwide growth in regenerative medicine will create more demand for top-quality cord blood stem cells which will drive investments in cord blood banks. By creating easy ways for families to store and provide cord blood banks will make money from rising customer interest. As stem cell research expands and regenerative medicine develops the cord blood banking sector will grow and stem cell storage businesses will take more market share. The future of healthcare relies on cord blood banking because it will provide the basis for personalized medicine and new cell therapies.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Cord Blood Banking Services Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Cord Blood Banking Services Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
The Cord Blood Banking Services Market is estimated to witness a CAGR of 11.3% from 2025 to 2031.
The major factors driving the cord blood banking services market are increasing awareness about the benefits of cord blood stem cells, advancements in stem cell research and therapeutic applications, and government initiatives and regulations supporting stem cell banking.
Future trends in the cord blood banking services market are the integration of technological innovations in storage and processing, increasing popularity of stem cell therapies for chronic diseases, and growth in public cord blood banks.
Some of the players operating in the market are 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 report can be delivered in PDF/PPT format; we can also share an excel datasheet based on the request.
Some customization options available based on the request are an additional 3–5 company profiles and a country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation# as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cord Blood Banking Services Market - By Storage Services
1.3.2 Cord Blood Banking Services Market - By Component
1.3.3 Cord Blood Banking Services Market - By Application
1.3.4 Cord Blood Banking Services Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CORD BLOOD BANKING SERVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. CORD BLOOD BANKING SERVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CORD BLOOD BANKING SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. CORD BLOOD BANKING SERVICES - GLOBAL MARKET OVERVIEW
6.2. CORD BLOOD BANKING SERVICES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. CORD BLOOD BANKING SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - STORAGE SERVICES
7.1. OVERVIEW
7.2. STORAGE SERVICES MARKET FORECASTS AND ANALYSIS
7.3. PUBLIC
7.3.1. Overview
7.3.2. Public Market Forecast and Analysis
7.4. PRIVATE
7.4.1. Overview
7.4.2. Private Market Forecast and Analysis
7.5. HYBRID
7.5.1. Overview
7.5.2. Hybrid Market Forecast and Analysis
8. CORD BLOOD BANKING SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
8.1. OVERVIEW
8.2. COMPONENT MARKET FORECASTS AND ANALYSIS
8.3. CORD BLOOD
8.3.1. Overview
8.3.2. Cord Blood Market Forecast and Analysis
8.4. PLACENTA
8.4.1. Overview
8.4.2. Placenta Market Forecast and Analysis
9. CORD BLOOD BANKING SERVICES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. CANCERS
9.3.1. Overview
9.3.2. Cancers Market Forecast and Analysis
9.4. BLOOD DISORDERS
9.4.1. Overview
9.4.2. Blood Disorders Market Forecast and Analysis
9.5. METABOLIC DISORDERS
9.5.1. Overview
9.5.2. Metabolic Disorders Market Forecast and Analysis
9.6. IMMUNE DISORDERS
9.6.1. Overview
9.6.2. Immune Disorders Market Forecast and Analysis
9.7. OSTEOPOROSIS
9.7.1. Overview
9.7.2. Osteoporosis Market Forecast and Analysis
10. CORD BLOOD BANKING SERVICES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Cord Blood Banking Services Market Overview
10.1.2 North America Cord Blood Banking Services Market Forecasts and Analysis
10.1.3 North America Cord Blood Banking Services Market Forecasts and Analysis - By Storage Services
10.1.4 North America Cord Blood Banking Services Market Forecasts and Analysis - By Component
10.1.5 North America Cord Blood Banking Services Market Forecasts and Analysis - By Application
10.1.6 North America Cord Blood Banking Services Market Forecasts and Analysis - By Countries
10.1.6.1 United States Cord Blood Banking Services Market
10.1.6.1.1 United States Cord Blood Banking Services Market by Storage Services
10.1.6.1.2 United States Cord Blood Banking Services Market by Component
10.1.6.1.3 United States Cord Blood Banking Services Market by Application
10.1.6.2 Canada Cord Blood Banking Services Market
10.1.6.2.1 Canada Cord Blood Banking Services Market by Storage Services
10.1.6.2.2 Canada Cord Blood Banking Services Market by Component
10.1.6.2.3 Canada Cord Blood Banking Services Market by Application
10.1.6.3 Mexico Cord Blood Banking Services Market
10.1.6.3.1 Mexico Cord Blood Banking Services Market by Storage Services
10.1.6.3.2 Mexico Cord Blood Banking Services Market by Component
10.1.6.3.3 Mexico Cord Blood Banking Services Market by Application
10.2. EUROPE
10.2.1 Europe Cord Blood Banking Services Market Overview
10.2.2 Europe Cord Blood Banking Services Market Forecasts and Analysis
10.2.3 Europe Cord Blood Banking Services Market Forecasts and Analysis - By Storage Services
10.2.4 Europe Cord Blood Banking Services Market Forecasts and Analysis - By Component
10.2.5 Europe Cord Blood Banking Services Market Forecasts and Analysis - By Application
10.2.6 Europe Cord Blood Banking Services Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Cord Blood Banking Services Market
10.2.6.1.1 Germany Cord Blood Banking Services Market by Storage Services
10.2.6.1.2 Germany Cord Blood Banking Services Market by Component
10.2.6.1.3 Germany Cord Blood Banking Services Market by Application
10.2.6.2 France Cord Blood Banking Services Market
10.2.6.2.1 France Cord Blood Banking Services Market by Storage Services
10.2.6.2.2 France Cord Blood Banking Services Market by Component
10.2.6.2.3 France Cord Blood Banking Services Market by Application
10.2.6.3 Italy Cord Blood Banking Services Market
10.2.6.3.1 Italy Cord Blood Banking Services Market by Storage Services
10.2.6.3.2 Italy Cord Blood Banking Services Market by Component
10.2.6.3.3 Italy Cord Blood Banking Services Market by Application
10.2.6.4 Spain Cord Blood Banking Services Market
10.2.6.4.1 Spain Cord Blood Banking Services Market by Storage Services
10.2.6.4.2 Spain Cord Blood Banking Services Market by Component
10.2.6.4.3 Spain Cord Blood Banking Services Market by Application
10.2.6.5 United Kingdom Cord Blood Banking Services Market
10.2.6.5.1 United Kingdom Cord Blood Banking Services Market by Storage Services
10.2.6.5.2 United Kingdom Cord Blood Banking Services Market by Component
10.2.6.5.3 United Kingdom Cord Blood Banking Services Market by Application
10.2.6.6 Rest of Europe Cord Blood Banking Services Market
10.2.6.6.1 Rest of Europe Cord Blood Banking Services Market by Storage Services
10.2.6.6.2 Rest of Europe Cord Blood Banking Services Market by Component
10.2.6.6.3 Rest of Europe Cord Blood Banking Services Market by Application
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Cord Blood Banking Services Market Overview
10.3.2 Asia-Pacific Cord Blood Banking Services Market Forecasts and Analysis
10.3.3 Asia-Pacific Cord Blood Banking Services Market Forecasts and Analysis - By Storage Services
10.3.4 Asia-Pacific Cord Blood Banking Services Market Forecasts and Analysis - By Component
10.3.5 Asia-Pacific Cord Blood Banking Services Market Forecasts and Analysis - By Application
10.3.6 Asia-Pacific Cord Blood Banking Services Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Cord Blood Banking Services Market
10.3.6.1.1 Australia Cord Blood Banking Services Market by Storage Services
10.3.6.1.2 Australia Cord Blood Banking Services Market by Component
10.3.6.1.3 Australia Cord Blood Banking Services Market by Application
10.3.6.2 China Cord Blood Banking Services Market
10.3.6.2.1 China Cord Blood Banking Services Market by Storage Services
10.3.6.2.2 China Cord Blood Banking Services Market by Component
10.3.6.2.3 China Cord Blood Banking Services Market by Application
10.3.6.3 India Cord Blood Banking Services Market
10.3.6.3.1 India Cord Blood Banking Services Market by Storage Services
10.3.6.3.2 India Cord Blood Banking Services Market by Component
10.3.6.3.3 India Cord Blood Banking Services Market by Application
10.3.6.4 Japan Cord Blood Banking Services Market
10.3.6.4.1 Japan Cord Blood Banking Services Market by Storage Services
10.3.6.4.2 Japan Cord Blood Banking Services Market by Component
10.3.6.4.3 Japan Cord Blood Banking Services Market by Application
10.3.6.5 South Korea Cord Blood Banking Services Market
10.3.6.5.1 South Korea Cord Blood Banking Services Market by Storage Services
10.3.6.5.2 South Korea Cord Blood Banking Services Market by Component
10.3.6.5.3 South Korea Cord Blood Banking Services Market by Application
10.3.6.6 Rest of Asia-Pacific Cord Blood Banking Services Market
10.3.6.6.1 Rest of Asia-Pacific Cord Blood Banking Services Market by Storage Services
10.3.6.6.2 Rest of Asia-Pacific Cord Blood Banking Services Market by Component
10.3.6.6.3 Rest of Asia-Pacific Cord Blood Banking Services Market by Application
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Cord Blood Banking Services Market Overview
10.4.2 Middle East and Africa Cord Blood Banking Services Market Forecasts and Analysis
10.4.3 Middle East and Africa Cord Blood Banking Services Market Forecasts and Analysis - By Storage Services
10.4.4 Middle East and Africa Cord Blood Banking Services Market Forecasts and Analysis - By Component
10.4.5 Middle East and Africa Cord Blood Banking Services Market Forecasts and Analysis - By Application
10.4.6 Middle East and Africa Cord Blood Banking Services Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Cord Blood Banking Services Market
10.4.6.1.1 South Africa Cord Blood Banking Services Market by Storage Services
10.4.6.1.2 South Africa Cord Blood Banking Services Market by Component
10.4.6.1.3 South Africa Cord Blood Banking Services Market by Application
10.4.6.2 Saudi Arabia Cord Blood Banking Services Market
10.4.6.2.1 Saudi Arabia Cord Blood Banking Services Market by Storage Services
10.4.6.2.2 Saudi Arabia Cord Blood Banking Services Market by Component
10.4.6.2.3 Saudi Arabia Cord Blood Banking Services Market by Application
10.4.6.3 U.A.E Cord Blood Banking Services Market
10.4.6.3.1 U.A.E Cord Blood Banking Services Market by Storage Services
10.4.6.3.2 U.A.E Cord Blood Banking Services Market by Component
10.4.6.3.3 U.A.E Cord Blood Banking Services Market by Application
10.4.6.4 Rest of Middle East and Africa Cord Blood Banking Services Market
10.4.6.4.1 Rest of Middle East and Africa Cord Blood Banking Services Market by Storage Services
10.4.6.4.2 Rest of Middle East and Africa Cord Blood Banking Services Market by Component
10.4.6.4.3 Rest of Middle East and Africa Cord Blood Banking Services Market by Application
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Cord Blood Banking Services Market Overview
10.5.2 South and Central America Cord Blood Banking Services Market Forecasts and Analysis
10.5.3 South and Central America Cord Blood Banking Services Market Forecasts and Analysis - By Storage Services
10.5.4 South and Central America Cord Blood Banking Services Market Forecasts and Analysis - By Component
10.5.5 South and Central America Cord Blood Banking Services Market Forecasts and Analysis - By Application
10.5.6 South and Central America Cord Blood Banking Services Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Cord Blood Banking Services Market
10.5.6.1.1 Brazil Cord Blood Banking Services Market by Storage Services
10.5.6.1.2 Brazil Cord Blood Banking Services Market by Component
10.5.6.1.3 Brazil Cord Blood Banking Services Market by Application
10.5.6.2 Argentina Cord Blood Banking Services Market
10.5.6.2.1 Argentina Cord Blood Banking Services Market by Storage Services
10.5.6.2.2 Argentina Cord Blood Banking Services Market by Component
10.5.6.2.3 Argentina Cord Blood Banking Services Market by Application
10.5.6.3 Rest of South and Central America Cord Blood Banking Services Market
10.5.6.3.1 Rest of South and Central America Cord Blood Banking Services Market by Storage Services
10.5.6.3.2 Rest of South and Central America Cord Blood Banking Services Market by Component
10.5.6.3.3 Rest of South and Central America Cord Blood Banking Services Market by Application
11. IMPACT OF COVID-19 PANDEMIC ON GLOBAL CORD BLOOD BANKING SERVICES MARKET
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Middle East and Africa
11.5 South and Central America
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. CORD BLOOD BANKING SERVICES MARKET, KEY COMPANY PROFILES
13.1. CORD BLOOD CORPORATION
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. CBR SYSTEMS INC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. PERKINELMER INC. (VIACORD LLC)
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. CRYO-CELL INTERNATIONAL
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. CORDLIFE GROUP LIMITED
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. ALPHACORD LLC
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. ATCC
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. CSG-BIO
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. CRYOBANK STEM CELL SERVICES LLC
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. CRYOHOLDCO
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Cord Blood Corporation
2. CBR Systems Inc.
3. PerkinElmer Inc. (ViaCord LLC)
4. Cryo-Cell International
5. Cordlife Group Limited
6. AlphaCord LLC
7. ATCC
8. CSG-BIO
9. Cryobank Stem Cell Services LLC
10. CryoHoldco
11. Lifeforce Cryobanks
12. National Cord Blood Program
13. Precision Cellular Storage (formerly Virgin Health Bank)
14. Virgin Health Bank
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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