Registering a CAGR of 15.8% over the forecast period of 2022-2027, the global Stem Cell Banking market is anticipated to reach the market value of US$ 14823 million in the year 2027 from US$ 4632 million in the year 2021.
Stem cells are the highly particular body cells, working as a foundation cells for organ and tissue in the body. The stem cells are separated from other cells of the body due to their properties such as self-renovation and differentiation. The stem cells are found in the bone marrow, umbilical cord blood and adipose tissues.The report aspects discussed the profile of the top manufacturers of the global Stem Cell Banking market. These aspects include the financial status of major companies, trending advancements and the entire market scenario. Growth of the report has examined Stem Cell Banking Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Furthermore, increase in number of fatal chronic diseases drives the growth of market. Stem cells are used in the treatment of diversity of chronic diseases such as cancer, cardiovascular diseases, neurological disorders, immunological disorders, and other rare metabolic diseases. For instance, according to world health organization (WHO), in previous year, it was projected that around 17.9 million people died from cardiovascular disorder, representing 32% of all global deaths. In these deaths, 85% were due to heart attack and stroke. These diseases cannot be treated using conventional therapies as they lead to harmful side effects. The threat of these side effects could be reduced by integrating it with stem cell therapy, which acts as a healing agent to decrease the damage caused by treatment doses. In addition, the huge number of births global would increase the number of cord blood and tissue specimens being stored in the stem cell banks for future use. This could in turn fuel the market growth for stem cell banking market globally.
The global Stem Cell Banking includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Chino Commercial Bancorp (Other OTC :CCBC), CBR, ViaCord, Esperite, Vcanbio, Boyalife, LifeCell, Crioestaminal, RMS Regrow, Cordlife Group Limited (SES:P8A.SI), PBKM FamiCord, cells4life, Beikebiotech, StemCyte, Cryo-cell International, Inc. (NasdaqCM:CCEL), Cellsafe Biotech, PacifiCord, Americord, Krio, Familycord, Cryo Stemcell, Stemade Biotech and Others.
Industry News:
Lifecell launches improved advanced umbilical cord-stem cell collection kit
16th August 2017 - Most expectant parents draw a checklist of things that need to be taken to the hospital at the time of the delivery. The most important thing on the entire checklist would be the umbilical cord collection kit, which shouldn't be missed out at any cost.
By Type, it is segmented into
By Application, it is segmented into
The North America has contributed the important market share to the global stem cell banking due to advancement medical infrastructure and growing awareness about the benefits of the stem cell preservations. Followed by North America, the Europe has also recorded the significant growth to the global stem cell banking market. The Asia Pacific region has expected to show a strong growth over a forecast period due to rapidly developing medical facilities and services in the countries such as Japan, China and India.
The Stem Cell Banking Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Stem Cell Banking Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 15.8% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Chino Commercial Bancorp (Other OTC :CCBC), CBR, ViaCord, Esperite, Vcanbio, Boyalife, LifeCell, Crioestaminal, RMS Regrow, Cordlife Group Limited (SES:P8A.SI), PBKM FamiCord, cells4life, Beikebiotech, StemCyte, Cryo-cell International, Inc. (NasdaqCM:CCEL), Cellsafe Biotech, PacifiCord, Americord, Krio, Familycord, Cryo Stemcell, Stemade Biotech and Others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 158 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Stem Cell Banking Market is studied from 2017 - 2027.
What is the growth rate of Stem Cell Banking Market?
The Stem Cell Banking Market is growing at a CAGR of 15.8% over the next 5 years.
Who are the leading key players in Stem Cell Banking Market?
Chino Commercial Bancorp (Other OTC :CCBC), CBR, ViaCord, Esperite, Vcanbio, Boyalife, LifeCell, Crioestaminal, RMS Regrow, Cordlife Group Limited (SES:P8A.SI), PBKM FamiCord, cells4life, Beikebiotech, StemCyte, Cryo-cell International, Inc. (NasdaqCM:CCEL), Cellsafe Biotech, PacifiCord, Americord, Krio, Familycord, Cryo Stemcell, Stemade Biotech and Others.
What regions regions does this Stem Cell Banking Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Stem Cell Banking Market?
Umbilical Cord Blood Stem Cell, Embryonic Stem Cell, Adult Stem Cell, Other
What are the significant Applications of Stem Cell Banking Market?
Diseases Therapy, Healthcare
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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MARKET ENGINEERING
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