The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s stem cellcord blood banking market report forecasts the stem cellcord blood banking market size to grow to $16.36 Billion by 2027, with a CAGR (compound annual growth rate) of more than 10%.

Learn More On The Stem CellCord Blood Banking Market Report 2023 – https://www.thebusinessresearchcompany.com/report/stem-cell-cord-blood-banking-global-market-report

Stem CellCord Blood Banking Market Size Forecast
The global stem cellcord blood banking market is expected to grow from $10.23 billion in 2022 to $11.15 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global stem cell/cord blood banking market size is expected to grow to $16.36 billion in 2027 at a CAGR of 10.1%.

North America held the largest stem cellcord blood banking market share.

Key Stem CellCord Blood Banking Market Driver ­– Increase In Number Of Cancer Patients
According to a report by WebMD,an American publisher of health related news, in 2021, 10 million people died of cancer worldwide. which can be treated by transplanting the stem cells.

Request for A Sample Of The Global Stem CellCord Blood Banking Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2514&type=smp

Key Stem CellCord Blood Banking Market Trend – Pairing Of Cord Blood And Tissue Storage With Genetic Testing Services
Such pairing is possible and efficient because of its complimentary services to the existing clients, thereby helping in expanding their product portfolio. For example, genetic testing company Natera launched the Evercord cord blood and tissue storage service that enables expectant parents to collect, store and potentially retrieve their newborn’s cord blood and tissue for therapeutic use in transplantation and regenerative medicine applications.

Stem CellCord Blood Banking Market Segment
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

Stem CellCord Blood Banking Market Major Players and Strategies
Major players in the stem cellcord blood banking market are AMAG Pharmaceuticals, Cordlife, Cryo-Cell International, Esperite, Americord Registry LLC., China Cord Blood Corporation, Cordlife Group Limited, CordVida, ESPERITE N.V., and Cryo Stemcell.

In December 2021, Cooper Companies, a U.S.-based medical device company, acquired Generate Life Sciences for $1.66 billion. The acquisition would enable Cooper & Co. to better serve their consumers and expand their customer base. Generate Life Sciences is a US-based provider of donor eggs and sperm for fertility treatments, fertility cryopreservation services, and newborn stem cell storage (cord blood and cord tissue) services.

The Stem CellCord Blood Banking Global Market Report 2023 covers regional data on stem cellcord blood banking market size, stem cellcord blood banking market trends and drivers, opportunities, strategies, and stem cellcord blood banking market competitor analysis. The countries covered in the stem cellcord blood banking market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Stem cell/cord blood banking is the process of storing stem cells or blood from the umbilical cord. It is used to treat future injuries. By taking stem cells from the placenta and umbilical cord and preserving them for later use, cord blood banking can possibly save lives.

View More Reports Related To The Stem CellCord Blood Banking Market –
Stem Cell Global Market Report 2023
Stem Cell Therapy Global Market Report 2023
Stem Cell Assay Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: