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PUBLISHER: IMARC | PRODUCT CODE: 1347592
PUBLISHER: IMARC | PRODUCT CODE: 1347592
Cord Blood Banking Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 145 Pages
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Market Overview:
The global cord blood banking services market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.
Cord blood banking is a procedure of collecting and storing life-saving stem cells from the umbilical cord and placenta for future use. It uses hematopoietic stem cells that are present in the cord blood of the baby to develop it into red blood cells (RBCs), white blood cells (WBCs) and platelets. It aids in the treatment of cancer, blood diseases and immune system disorders as cord blood banking is less complicated, painful and risky for the donor compared to the collection of stem cells from bone marrow. As a result, it finds extensive applications in hospitals, research institutes, and specialty clinics.
Cord Blood Banking Services Market Trends:
The growing prevalence of different cancers, such as lymphoma and leukemia, due to longer working hours, stressful lives, and excessive smoking and alcohol consumption represents one of the key factors driving the market. Moreover, there is an increase in the utilization of cord blood banking services for the treatment of immunodeficiency disorders across the globe. This, coupled with the increasing awareness among individuals about the benefits and wide availability of cord blood banking service providers, is propelling the growth of the market. In addition, governments of several countries are extensively investing in research and development (R&D) activities to facilitate clinical trials of cord blood stem cells. In line with this, the growing number of patients with damaged bone marrow worldwide is positively influencing the market. Besides this, the rising diagnostic screening of cord blood in private centers as per guidelines and regulations of regulatory authorities is offering lucrative growth opportunities to industry investors. Additionally, the expanding healthcare industry is strengthening the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cord blood banking services market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, storage services and application.
Breakup by Component:
Cord Blood
Cord Tissue
Breakup by Storage Services:
Public Cord Blood Banks
Private Cord Blood Banks
Breakup by Application:
Cancer Disease
Diabetes
Blood Disease
Immune Disorders
Metabolic Disorders
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alphacord LLC, Americord Registry LLC, ATCC, California Cryobank, Cordlife Group LImited, Cryo-Cell International Inc., Global Cord Blood Corporation, LifeBank, LifeCell International Pvt. Ltd., National Cord Blood Program, Norton Healthcare Inc., Perkinelmer Inc. and StemCyte India Therapeutics Pvt. Ltd.
Key Questions Answered in This Report:
- How has the global cord blood banking services market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global cord blood banking services market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the storage services?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global cord blood banking services market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A5744
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Cord Blood Banking Services Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Cord Blood
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Cord Tissue
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Storage Services
- 7.1 Public Cord Blood Banks
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Private Cord Blood Banks
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Cancer Disease
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Diabetes
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Blood Disease
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Immune Disorders
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Metabolic Disorders
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Alphacord LLC
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Americord Registry LLC
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 ATCC
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 California Cryobank
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Cordlife Group LImited
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 Cryo-Cell International Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.7 Global Cord Blood Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 LifeBank
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 LifeCell International Pvt. Ltd.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 National Cord Blood Program
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 Norton Healthcare Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Perkinelmer Inc.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.13 StemCyte India Therapeutics Pvt. Ltd.
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.1 Alphacord LLC
Product Code: SR112023A5744
List of Figures
- Figure 1: Global: Cord Blood Banking Services Market: Major Drivers and Challenges
- Figure 2: Global: Cord Blood Banking Services Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Cord Blood Banking Services Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Cord Blood Banking Services Market: Breakup by Component (in %), 2022
- Figure 5: Global: Cord Blood Banking Services Market: Breakup by Storage Services (in %), 2022
- Figure 6: Global: Cord Blood Banking Services Market: Breakup by Application (in %), 2022
- Figure 7: Global: Cord Blood Banking Services Market: Breakup by Region (in %), 2022
- Figure 8: Global: Cord Blood Banking Services (Cord Blood) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Cord Blood Banking Services (Cord Blood) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Cord Blood Banking Services (Cord Tissue) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Cord Blood Banking Services (Cord Tissue) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Cord Blood Banking Services (Public Cord Blood Banks) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Cord Blood Banking Services (Public Cord Blood Banks) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Cord Blood Banking Services (Private Cord Blood Banks) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Cord Blood Banking Services (Private Cord Blood Banks) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Cord Blood Banking Services (Cancer Disease) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Cord Blood Banking Services (Cancer Disease) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Cord Blood Banking Services (Diabetes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Cord Blood Banking Services (Diabetes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Cord Blood Banking Services (Blood Disease) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Cord Blood Banking Services (Blood Disease) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Cord Blood Banking Services (Immune Disorders) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Cord Blood Banking Services (Immune Disorders) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Cord Blood Banking Services (Metabolic Disorders) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Cord Blood Banking Services (Metabolic Disorders) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Cord Blood Banking Services (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Cord Blood Banking Services (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: North America: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: North America: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: United States: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: United States: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Canada: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Canada: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Asia-Pacific: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Asia-Pacific: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: China: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: China: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Japan: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Japan: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: India: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: India: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: South Korea: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: South Korea: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Australia: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Australia: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Indonesia: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Indonesia: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Others: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Others: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Europe: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Europe: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Germany: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Germany: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: France: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: France: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: United Kingdom: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: United Kingdom: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Italy: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Italy: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Spain: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Spain: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Russia: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Russia: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Latin America: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Latin America: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Brazil: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Brazil: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Mexico: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Mexico: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Others: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Others: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Middle East and Africa: Cord Blood Banking Services Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Middle East and Africa: Cord Blood Banking Services Market: Breakup by Country (in %), 2022
- Figure 76: Middle East and Africa: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Global: Cord Blood Banking Services Industry: SWOT Analysis
- Figure 78: Global: Cord Blood Banking Services Industry: Value Chain Analysis
- Figure 79: Global: Cord Blood Banking Services Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Cord Blood Banking Services Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Cord Blood Banking Services Market Forecast: Breakup by Component (in Million US$), 2023-2028
- Table 3: Global: Cord Blood Banking Services Market Forecast: Breakup by Storage Services (in Million US$), 2023-2028
- Table 4: Global: Cord Blood Banking Services Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Cord Blood Banking Services Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Cord Blood Banking Services Market: Competitive Structure
- Table 7: Global: Cord Blood Banking Services Market: Key Players
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