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Stem Cell Banking Market Growth, Top Manufactures, Types & Applications, Analysis & Forecast: Worth USD 3.96 Billion by 2021

Monday, November 7, 2016 5:26
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The Global Stem Cell Banking Market CAGR is anticipated to progress at 20.2% during the forecast period of 2016-2021. The research data included in this comprehensive report covers various market dynamics, industry trends and economic shifts related to market players.

For a detailed understanding of the market structure, this report segments the global stem cell banking market into various sub-segments. The criteria for this categorization is mentioned below:

  • Bank Type
  • Service
  • Application
  • Region

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These are the primary segments of the market, whereas the categorization further splits into sub-segments as mentioned below:

Stem cell banking market by Bank Type:

  • Cord Blood
  • Cord Tissue

Stem cell banking market by Service:

  • Collection and Transportation
  • Processing
  • Analysis
  • Storage

Stem cell banking market by Application:

  • Cerebral Palsy
  • Thalassemia
  • Leukemia
  • Diabetes
  • Autism
  • Others

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Market Drivers of Stem Cell Banking Industry:

  • Easy extraction methods
  • Rising number of newborns
  • Growth in GDP, disposable income, and increased awareness of stem cell therapeutics
  • Potential of stem cells in disease treatment

Market Restraints of Stem Cell Banking Industry:

  • High competition in the stem cell banking market
  • High operating cost
  • Lack of acceptance
  • Changes in legal regulations

Market Opportunities in Stem Cell Banking Industry:

  • Rising awareness about potential use of cord tissue
  • Collaborations among cord blood banks
  • The automation of procedures

Market Challenges in Stem Cell Banking Industry:

  • Entry barriers in the market

Stem cell banking market by Region:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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The entire stem cell banking market share is expected to be at 2021 $3.96 billion expanding from its previous evaluation in 2016 which was at $1.58 Billion. This report analyses the individual performance trends of the global cell banking industry and provides crucial insights to the players. Some of them are mentioned below:

  1. The storage services segment is expected to contribute the maximum share to the overall market in 2016.
  2. Processing services to contribute largest share in the stem cell bio-banking market.
  3. Storage services segment is expected to contribute to a large share of Stem cell banking market.
  4. North America is the largest contributor to the global stem cell banking market, while Asia-Pacific is the fastest-growing market segment.

The stem cell banking market report also includes a detailed profiling of various companies in the market. These players include following major players:

  • StemCyte (U.S.)
  • Cryo-Cell International (U.S.)
  • ViaCord (U.S.)
  • Cord Blood Registry (U.S.)
  • Smart Cells (U.K.)
  • Cryo-Save (Netherlands)
  • Cryoviva (India)
  • LifeCell (India)
  • Cordlife (Singapore)
  • Cordvida (Brazil)
  • China Cord Blood Corporation (China)

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The stem cell banking market research report facilitates buyers in strategizing by offering five crucial market strategies. These strategies offer in-depth understanding of development & research plans, lucrative emerging markets, new products, untapped markets and competitor strategies. Parties purchasing the report will have liberty to use one or a combination of these strategies for strengthening their position in the market.

The five strategies included in the report are:

  • Market Penetration
  • Product Development/Innovation
  • Market Development
  • Market diversification
  • Competitive assessment

About Absolute Report:

Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in depth market research. We are one of the top report resellers in the market, dedicated towards bringing you an ingenious concoction of data parameters.


Mr. Ameya Pingaley

Absolute Reports

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