Cord Blood Banking Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2025 – News by Decresearch

Cord Blood Banking Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Global cord blood banking market size is slated to accrue substantial gains in the foreseeable future, as a result of accelerating R&D activities to explore potential therapeutic avenues of cord blood cells.

Likewise, rapid adoption of these cord blood stem cells for developing novel therapies of neurological disorders and brain injuries will add further impetus to the market expansion in the coming years. In the current scenario, over 80 idiopathic and genetic diseases are being cured.

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With the number of patients with life-threatening genetic disorders on the rise, the global cord blood banking market is likely to gain remarkable traction over the forecast spell. As per WHO estimates, over 1 in 2000 newborn babies in Europe are impacted by cystic fibrosis, bolstering the demand for umbilical cord blood banking services.

As per reliable reports, the global cold blood banking market size is expected to exceed $23 billion by 2025.

Based on application, the cancer segment is projected to account for a major market share over the estimated timeline, which can be attributed to the escalating number of cancer patients worldwide, and effectiveness of cord blood cells in disease treatment. For example, the product finds widespread application in the treatment of non-Hodgkins leukemia and lymphoma.

With regards to the end-use spectrum, the hospitals segment is set to record remuneration worth $13.2 billion by 2025, which is attributable to the growing adoption of cord blood stem cells in treating genetic diseases. The segmental growth can further be credited to shifting preference of patients to the available treatments at hospitals, alongside rapid healthcare infrastructural advancements.

From a regional perspective, the Spain cord blood banking market held a high market share in 2018 and is projected to register a $1,992.3 million revenue by 2025, due to rapid preservation of cord blood in private and public banks in the region. Additionally, the presence of enhanced cord-blood bank networks and government support towards raising awareness about the product benefits will considerably foster regional market dynamics in years to come.

Moreover, the India cord blood banking industry is anticipated to exhibit a 6.9% CAGR through 2025, owing to the strong focus of various non-governmental organizations on raising funding and boosting public cord blood banking services in the region.

Key cord blood banking market players include ViaCord LLC, Jeevan Stem Cell Foundation, LifeCell, Americord, Global Cord Blood Corporation, FamiCord, Cryo-Save AG, and CBR Systems, Inc., among others. These firms are focusing on gaining lucrative growth opportunities through various strategies such as R&D and business expansion.

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Partial Chapter of the Table of Content

Chapter 5. Cord Blood Banking Market, By Services

5.1. Key segment trends

5.2. Processing

5.2.1. Market size, by region, 2014 2025 (USD Million)

5.3. Storage

5.3.1. Market size, by region, 2014 2025 (USD Million)

5.4. Others

5.4.1. Market size, by region, 2014 2025 (USD Million)

Chapter 6. Cord Blood Banking Market, By Application

6.1. Key segment trends

6.2. Cancer

6.2.1. Market size, by region, 2014 2025 (USD Million)

6.3. Blood Disorders

6.3.1. Market size, by region, 2014 2025 (USD Million)

6.4. Immuno-deficiency disorders

6.4.1. Market size, by region, 2014 2025 (USD Million)

6.5. Metabolic disorders

6.5.1. Market size, by region, 2014 2025 (USD Million)

6.6. Bone marrow failure syndrome

6.6.1. Market size, by region, 2014 2025 (USD Million)

6.7. Others

6.7.1. Market size, by region, 2014 2025 (USD Million)

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Cord Blood Banking Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2025 - News by Decresearch