Key Insights into the Stem Cell/Cord Blood Banking Market: Trends, Growth Rate, and Opportunities Through 2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Stem Cell/Cord Blood Banking Market?
The stem cell and cord blood banking market is growing due to the increasing number of cancer patients. Stem cell transplants, which help treat diseases like leukemia and multiple myeloma, are becoming more common. For example, the American Cancer Society reports a rise in cancer cases, which drives the need for stem cell and cord blood banking services to support cancer treatment.
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#How Does the ProjectedStem Cell/Cord Blood Banking Market Growth Compare Over the Forecast Period?
The stem cell/cord blood banking market size has grown strongly in recent years. It will grow from $12.26 billion in 2024 to $13.36 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth is attributed to medical advancements, greater awareness, successful clinical applications, increased regulatory support, and research funding.
The stem cell/cord blood banking market is anticipated to see rapid growth over the next few years. It will reach $21.78 billion by 2029 at a CAGR of 13.0%. Growth will be driven by personalized medicine, emerging therapies, international expansion, investment in biotechnology, and the development of legal and ethical frameworks. Key trends include non-invasive collection methods, multiple banking services, greater transparency and regulation, collaborative efforts, and innovations in storage solutions.
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What Are the Key Market Innovations in theStem Cell/Cord Blood Banking Market Over the Coming Years?
In the stem cell/cord blood banking market, pairing cord blood and tissue storage with genetic testing services is gaining traction. This combination enhances service offerings and expands product portfolios for clients. For instance, Natera, a genetic testing company, launched the Evercord cord blood and tissue storage service, enabling expectant parents to collect, store, and potentially retrieve their newborn’s cord blood and tissue for future therapeutic use in transplantation and regenerative medicine.
Who Are the Leading Market Players Fueling Growth in the Stem Cell/Cord Blood Banking Market Trend?
Major companies operating in the stem cell/cord blood banking market include AMAG Pharmaceuticals Inc., Cryo-Cell International Inc., Esperite NV, Americord Registry LLC, China Cord Blood Corporation, Cordlife Group Ltd., CordVida, Cryo Stemcell, PerkinElmer Inc., ReeLabs Pvt Ltd., Smart Cells International Ltd., Stemade Biotech Pvt Ltd., ViaCord Inc., Americord Registry LLC, LifeCell International, Cryoviva Biotech Pvt Ltd., Cytori Therapeutics Inc., Thermo Fisher Scientific Inc., Cord Blood America Inc., StemCyte Inc., Brainstorm Cell Therapeutics Inc., Cord Blood Registry Systems Inc., Healthbanks Biotech Usa Inc., Cryo-save Private Ltd., New York Cord Blood Center, CryoHoldco, Vita 34 International AG, Reliance Life Sciences Pvt Ltd., Maze Cord Blood Laboratories, Cells4Life Group LLP
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How is the Global Stem Cell/Cord Blood Banking Market Segemented?
The stem cell/cord blood banking market covered in this report is segmented –
1) By Cell Type: Adult Stem Cells, Umbilical Cord Blood Stem Cells, Embryonic Stem Cells
2) By Service: Collection, Processing, Analysis, Storage
3) By Bank Type: Public, Private
4) By Application: Leukemia, Anemia, Thalassemia, Autism, Cerebral Palsy, Diabetes, Other Applications
Subsegments:
1) By Adult Stem Cells: Hematopoietic Stem Cells (HSC), Mesenchymal Stem Cells (MSC), Neural Stem Cells (NSC), Induced Pluripotent Stem Cells (iPSCs)
2) By Umbilical Cord Blood Stem Cells: Hematopoietic Stem Cells (HSC) From Cord Blood, Mesenchymal Stem Cells (MSC) From Cord Blood
3) By Embryonic Stem Cells: Embryonic Stem Cells (ESCs) From Human Embryos, Stem Cells Derived From Human Embryonic Germ Cells
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Which Geographics are Influencing the Growth of the Stem Cell/Cord Blood Banking Market?
North America was the largest region in the stem cell/cord blood banking market in 2023. Western Europe was the second largest region in the stem cell/cord blood banking market analysis. The regions covered in the stem cell/cord blood banking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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