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Global Cord Stem Cell Banking Market Size, Trends and Growth Opportunity, By Storage Type (Private Banks, Hybrid Banks, Public Banks), By Product Type (Cord Blood, Cord Tissue), By Service Type (Collection & Transportation, Processing, Analysis, Storage), By Source (Umbilical Cord Blood, Bone Marrow, Peripheral Blood Stem, Menstrual Blood), By Indication (Cerebral Palsy, Thalassemia, Leukemia, Diabetes, Autism), By Region and forecast till 2027.


Report ID : IR1001134 | Industries : Healthcare | Published On :May 2024 | Page Count : 245

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  • Global Cord Stem Cell Banking Market Size, Trends and Growth Opportunity, By Storage Type (Private Banks, Hybrid Banks, Public Banks), By Product Type (Cord Blood, Cord Tissue), By Service Type (Collection & Transportation, Processing, Analysis, Storage), By Source (Umbilical Cord Blood, Bone Marrow, Peripheral Blood Stem, Menstrual Blood), By Indication (Cerebral Palsy, Thalassemia, Leukemia, Diabetes, Autism), By Region and forecast till 2027.
    Global Cord Stem Cell Banking Market 
    Global Cord Stem Cell Banking Market is valued at USD 8.3 billion in 2021 and is slated to reach at USD 36.30 billion by 2027 at a CAGR of 18.73% from 2022-2027.
    The cord blood cells present in a newborn child's umbilical cord and placenta are kept in storage through cord stem cell banking. This cord blood contains stem cells that may one day be extensively employed to treat conditions including thalassemia, autoimmune disorders, leukaemia, and hereditary metabolic problems, among others.
    Market Drivers
    A growing trend in the market for cord stem cell banking has been observed recently, combining the storage of cord blood and tissue with genetic testing services. Due to the complementary services it provides to the company's current clients, this pairing is effective and makes it possible for them to expand their product line. For example, Natera, a company that provides genetic testing, recently introduced the Evercord cord blood and tissue storage service, which enables expectant parents to collect, store, and retrieve cord blood from newborns as well as tissue for use in transplantation and regenerative medicine applications. Because of this, market growth will be boosted. In the United Kingdom, there were approximately 457,960 new instances of cancer, with skin, lung, colon, and prostate cancer being the most often found varieties. The same source reports that there were 415,269 new cancer cases and approximately 174,759 deaths in Italy. Cancers including leukaemia and multiple myeloma can be successfully treated with stem cell transplantation. The blood-forming stem cells that chemotherapy injured can be repaired utilising stem cells. Cord stem cell banking is therefore widely employed in research institutions and hospitals as a result of the rising number of cancer patients, and it is also expected to increase dramatically throughout the course of the projection period.
    Regulatory agencies and non-governmental organisations (NGOs) are launching a number of campaigns to educate consumers about the therapeutic potential of stem cells, which will have an impact on the growth of the stem cell banking industry. These campaigns are being conducted in both developed and developing regions. Section 212 of the Small Business Regulatory Enforcement Fairness Act provides guidelines for cord stem cell banking to the U.S. FDA. According to this law, the FDA is in charge of overseeing the distribution of cord blood stem cells for unrelated allogeneic usage, and distributors must obtain a licence from the FDA in order to sell these goods. The manufacturing and storage conditions are examined by the FDA before issuing these licences. This contributes to the market's growth by stimulating it.
    Market Restraints
    The market is severely constrained by lack of awareness, particularly among pregnant women. This is mostly due to the fact that few pregnant women are aware of how public cord blood banks operate. The benefits of stem cell transplantation for cancer treatment mean that this alternative is not well understood and utilised. This constrains market expansion as a result.
    Recent Development
    A collaborative agreement for stem cell study and development was signed in 2021 by BioTherapeutic Laboratories Corp. and American CryoStem. BTL will market the products and services of CRYO. In order to develop protocols using BTL's human umbilical cord-based product lines and CRYO's ATCell autologous mesenchymal stem cells, the two businesses will work together.
    Market Segmentation
    Global Cord Stem Cell Banking Market is segmented into Storage Type, Product Type, Service Type, Source and Indication. By storage Type such as Private Banks, Hybrid Banks, Public Banks. By Product Type such as Cord Blood, Cord Tissue. By Service Type such as Collection & Transportation, Processing, Analysis, Storage. By Source such as Umbilical Cord Blood, Bone Marrow, Peripheral Blood Stem, Menstrual Blood. By Indication such as Cerebral Palsy, Thalassemia, Leukemia, Diabetes, Autism.
    Regional Analysis
    Global Cord Stem Cell Banking Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. North America now holds a dominant position in the cord stem cell banking market as a result of an expansion in the number of significant market participants in the U.S., continued approval of stem cell lines for the treatment of disease, and rising public awareness in this area. A rise in the older population, an uptick in the prevalence of chronic diseases, and rising per capita healthcare costs in the Asia-Pacific area are all predicted to contribute to the region's major growth. Moreover, market expansion is being aided by the region's expanding healthcare infrastructure.
    Key Players
    This report includes a list of numerous Key Players, namely CBR Systems, Inc., (U.S.), Cordlife (Singapore), Cryo-Cell International, Inc., (U.S.), ViaCord (U.S.), Cryo-Save (Netherlands), LifeCell International Pvt. Ltd.  (India), StemCyte India Therapeutics Pvt. Ltd (U.S.), Global Cord Blood Corporation (China), Smart Cells International Limited (U.K.), BrainStorm Cell Limited (U.S.).
    Market Taxonomy
    By Storage Type
    •        Private Banks
    •        Hybrid Banks
    •        Public Banks
    By Product Type
    •        Cord Blood
    •        Cord Tissue
    By Service Type
    •        Collection & Transportation
    •        Processing
    •        Analysis
    •        Storage
    By Source
    •        Umbilical Cord Blood
    •        Bone Marrow
    •        Peripheral Blood Stem
    •        Menstrual Blood
    By Indication
    •        Cerebral Palsy
    •        Thalassemia
    •        Leukemia
    •        Diabetes
    •        Autism
    By Region
    •        North America
    •        Latin America
    •        Europe
    •        Asia Pacific
    •        Middle East & Africa.
     

    Global Cord Stem Cell Banking Market
    1 Introduction        
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Cord Stem Cell Banking Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Cord Stem Cell Banking Market, By Storage Type
    5.1 Y-o-Y Growth Comparison, By Storage Type
    5.2 Global Cord Stem Cell Banking Market Share Analysis, By Storage Type
    5.3 Global Cord Stem Cell Banking Market Size and Forecast, By Storage Type
    5.3.1 Private Banks
    5.3.2 Hybrid Banks
    5.3.3 Public Banks 
    6 Global Cord Stem Cell Banking Market, By Product Type
    6.1 Y-o-Y Growth Comparison, By Product Type
    6.2 Global Cord Stem Cell Banking Market Share Analysis, By Product Type
    6.3 Global Cord Stem Cell Banking Market Size and Forecast, By Product Type
    6.3.1 Cord Blood
    6.3.2 Cord Tissue
    7 Global Cord Stem Cell Banking Market, By Service Type
    7.1 Y-o-Y Growth Comparison, By Service Type
    7.2 Global Cord Stem Cell Banking Market Share Analysis, By Service Type
    7.3 Global Cord Stem Cell Banking Market Size and Forecast, By Service Type
    7.3.1 Collection & Transportation
    7.3.2 Processing
    7.3.3 Analysis
    7.3.4 Storage. 
    8 Global Cord Stem Cell Banking Market, By Source
    8.1 Y-o-Y Growth Comparison, By Source
    8.2 Global Cord Stem Cell Banking Market Share Analysis, By Source
    8.3 Global Cord Stem Cell Banking Market Size and Forecast, By Source 
    8.3.1 Umbilical Cord Blood
    8.3.2 Bone Marrow
    8.3.3 Peripheral Blood Stem
    8.3.4 Menstrual Blood
    9 Global Cord Stem Cell Banking Market, By Indication
    9.1 Y-o-Y Growth Comparison, By Indication
    9.2 Global Cord Stem Cell Banking Market Share Analysis, By Indication
    9.3 Global Cord Stem Cell Banking Market Size and Forecast, By Indication
    9.3.1 Cerebral Palsy
    9.3.2 Thalassemia
    9.3.3 Leukemia
    9.3.4 Diabetes
    9.3.5 Autism
    10 Global Cord Stem Cell Banking Market, By Region
    10.1 Global Cord Stem Cell Banking Market Share Analysis, By Region
    10.2 Global Cord Stem Cell Banking Market Share Analysis, By Region
    10.3 Global Cord Stem Cell Banking Market Size and Forecast, By Region
    11 North America Cord Stem Cell Banking Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 North America Cord Stem Cell Banking Market Share Analysis, By Storage Type
    11.3 North America Cord Stem Cell Banking Market Size and Forecast, By Product Type
    11.4 North America Cord Stem Cell Banking Market Size and Forecast, By Service Type
    11.5 North America Cord Stem Cell Banking Market Size and Forecast, By Source
    11.6 North America Cord Stem Cell Banking Market Size and Forecast, By Indication
    11.7 North America Cord Stem Cell Banking Market Size and Forecast, By Country
    11.7.1 U.S.
    11.7.2 Canada
    11.7.3 Mexico
    12 Europe Cord Stem Cell Banking Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Europe Cord Stem Cell Banking Market Share Analysis, By Storage Type
    12.3 Europe Cord Stem Cell Banking Market Size and Forecast, By Product Type 
    12.4 Europe Cord Stem Cell Banking Market Size and Forecast, By Service Type
    12.5 Europe Cord Stem Cell Banking Market Size and Forecast, By Source
    12.6 Europe Cord Stem Cell Banking Market Size and Forecast, By Indication
    12.7 Europe Cord Stem Cell Banking Market Size and Forecast, By Country
    12.7.1 Germany
    12.7.2 France
    11.7.3 UK
    11.7.4 Rest of Europe
    13 Asia Pacific Cord Stem Cell Banking Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Asia Pacific Cord Stem Cell Banking Market Share Analysis, By Storage Type
    13.3 Asia Pacific Cord Stem Cell Banking Market Size and Forecast, By Product Type 
    13.4 Asia Pacific Cord Stem Cell Banking Market Size and Forecast, By Service Type
    13.5 Asia Pacific Cord Stem Cell Banking Market Size and Forecast, By Source
    13.6 Asia Pacific Cord Stem Cell Banking Market Size and Forecast, By Indication
    13.7 Asia Pacific Cord Stem Cell Banking Market Size and Forecast, By Country
    13.7.1 China        
    13.7.2 Japan
    13.7.3 India
    13.7.4 Rest of Asia Pacific
    14 Latin America Cord Stem Cell Banking Market Analysis and Forecast (2022-2027)
    14.1 Introduction
    14.2 Latin America Cord Stem Cell Banking Market Share Analysis, By Storage Type
    14.3 Latin America Cord Stem Cell Banking Market Size and Forecast, By Product Type 
    14.4 Latin America Cord Stem Cell Banking Market Size and Forecast, By Service Type
    14.5 Latin America Cord Stem Cell Banking Market Size and Forecast, By Source
    14.6 Latin America Cord Stem Cell Banking Market Size and Forecast, By Indication
    14.7 Latin America Cord Stem Cell Banking Market Size and Forecast, Country
    14.7.1 Brazil
    14.7.2 Rest of Latin America
    15 Middle East Cord Stem Cell Banking Market Analysis and Forecast (2022-2027)
    15.1 Introduction
    15.2 Middle East Cord Stem Cell Banking Market Share Analysis, By Storage Type
    15.3 Middle East Cord Stem Cell Banking Market Size and Forecast, By Product Type 
    15.4 Middle East Cord Stem Cell Banking Market Size and Forecast, By Service Type
    15.5 Middle East Cord Stem Cell Banking Market Size and Forecast, By Source
    15.6 Middle East Cord Stem Cell Banking Market Size and Forecast, By Indication
    15.7 Middle East Cord Stem Cell Banking Market Size and Forecast, By Country
    15.7.1 Saudi Arabia
    15.7.2 UAE
    15.7.3 Egypt
    15.7.4 Kuwait
    15.7.5 South Africa
    16 Competitive Analysis
    16.1 Competition Dashboard
    16.2 Market share Analysis of Top Vendors
    16.3 Key Development Strategies
    17 Company Profiles
    17.1 CBR Systems, Inc. (U.S.) 
    17.1.1 Overview
    17.1.2 Offerings
    17.1.3 Key Financials
    17.1.4 Business Segment & Geographic Overview
    17.1.5 Key Market Developments
    17.1.6 Key Strategies
    17.2 Cordlife (Singapore)  
    17.2.1 Overview
    17.2.2 Offerings
    17.2.3 Key Financials
    17.2.4 Business Segment & Geographic Overview
    17.2.5 Key Market Developments
    17.2.6 Key Strategies
    17.3 Cryo-Cell International, Inc., (U.S.) 
    17.3.1 Overview
    17.3.2 Offerings
    17.3.3 Key Financials
    17.3.4 Business Segment & Geographic Overview
    17.3.5 Key Market Developments
    17.3.6 Key Strategies
    17.4 ViaCord (U.S.)
    17.4.1 Overview
    17.4.2 Offerings
    17.4.3 Key Financials
    17.4.4 Business Segment & Geographic Overview
    17.4.5 Key Market Developments
    17.4.6 Key Strategies
    17.5 Cryo-Save (Netherlands)
    17.5.1 Overview
    17.5.2 Offerings
    17.5.3 Key Financials
    17.5.4 Business Segment & Geographic Overview
    17.5.5 Key Market Developments
    17.5.6 Key Strategies
    17.6 LifeCell International Pvt. Ltd.  (India) 
    17.6.1 Overview
    17.6.2 Offerings
    17.6.3 Key Financials
    17.6.4 Business Segment & Geographic Overview
    17.6.5 Key Market Developments
    17.6.6 Key Strategies
    17.7 StemCyte India Therapeutics Pvt. Ltd (U.S.) 
    17.7.1 Overview
    17.7.2 Offerings
    17.7.3 Key Financials
    17.7.4 Business Segment & Geographic Overview
    17.7.5 Key Market Developments
    17.7.6 Key Strategies        
    17.8 Global Cord Blood Corporation (China) 
    17.8.1 Overview
    17.8.2 Offerings
    17.8.3 Key Financials
    17.8.4 Business Segment & Geographic Overview
    17.8.5 Key Market Developments
    17.8.6 Key Strategies
    17.9 Smart Cells International Limited (U.K.) 
    17.9.1 Overview
    17.9.2 Offerings
    17.9.3 Key Financials
    17.9.4 Business Segment & Geographic Overview
    17.9.5 Key Market Developments
    17.9.6 Key Strategies
    17.10 BrainStorm Cell Limited (U.S.)
    17.10.1 Overview
    17.10.2 Offerings
    17.10.3 Key Financials
    17.10.4 Business Segment & Geographic Overview
    17.10.5 Key Market Developments
    17.10.6 Key Strategies