India Cord Stem Cell Banking Market, By Source (Umbilical Cord, Placenta, Amniotic Sac, Amniotic Fluid), Utilization (Used, Unused), Application (Blood Disorders/Bone Marrow Failure, Cancers, Neurologic Disorders, Genetic Disorder, Metabolic Disorders, Immune Disorders, Others), Mode of Treatment (Autologous, Allogeneic), Service Type (Sample Preservation and Storage, Sample Processing, Sample Analysis, Sample Collection, Transportation), Cord Blood Banking (Private Cord Blood Banks, Public Cord Blood Banks), Industry Trends and Forecast to 2028.
Market Analysis and Insights of Cord Stem Cell Banking Market
Cord stem cell banking market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 13.1% in the above-mentioned forecast period.
Cord stem cells banking is basically storing the cord blood cell extracted from the umbilical cord and placenta of a newborn child. The umbilical cord fluid is loaded with stem cells and has more stem cells than those collected from bone marrow, which is used in medicine industry as regenerative medicine to treat disease such as leukemia, cancer, blood diseases like anemia, thalassemia, autoimmune diseases, and inherited metabolic disorders, and few others.
The increased acceptance of stem cell therapeutics, growing number of parents storing their child’s cord blood and rise in the spending on the management of chronic diseases are primary factors responsible for driving the growth of the cord stem cell banking market. Additionally, the rise in the growth in awareness about stem cell therapeutics and increase in the mergers and acquisitions by prominent players also heighten the market's overall growth. However, factors such as high operating cost of stem cell therapeutics and lack of awareness in many developing economies are estimated to obstruct the market’s growth.
The rise in the technological advancements and modernization in the healthcare devices and rising research and development activities in the healthcare sector are expected to generate profitable opportunities for the market.
This cord stem cell banking market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research cord stem cell banking market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
India Cord Stem Cell Banking Market Scope and Market Size
Cord stem cell banking market is segmented on the basis of source, utilization, application, mode of treatment system, service type and cord blood banking. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of source, the market is segmented into umbilical cord, placenta, amniotic sac and amniotic fluid.
- On the basis of utilization, the market is segmented into used and unused.
- On the basis of application, the market is segmented into blood disorders/bone marrow failure, cancers, neurologic disorders, genetic disorder, metabolic disorders, immune disorders and others.
- On the basis of mode of treatment, the market is segmented into allogeneic and autologous.
- On the basis of service type, the market is segmented into sample collection and transportation, sample processing, sample analysis and sample preservation and storage.
- On the basis of cord blood banking, the market is segmented into private cord blood banks and public cord blood banks.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Cord stem cell banking market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for cord stem cell banking market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the cord stem cell banking market. The data is available for historic period 2010 to 2019.
Competitive Landscape and India Cord Stem Cell Banking Market Share Analysis
Cord stem cell banking market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, India presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cord stem cell banking market.
The major players covered in the cord stem cell banking market report are CBR Systems, Inc., Cordlife, Cryo-Save, LifeCell International Pvt. Ltd, StemCyte India Therapeutics Pvt. Ltd, ViaCord, SMART CELLS PLUS, Reliance Life Sciences, Cryoviva India, LifeCell, Mycord, Global Cord Blood Corporation, Cryo-Cell International, Inc., Vita 34, ReeLabs Pvt. Ltd, ACROBiosystems., Regrow Biosciences Pvt Ltd., REGROW BIOSCIENCES PVT LTD, ReeLabs Pvt. Ltd. among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.