The cord blood banking market is expected to grow from USD 16.88 billion in 2019 to USD 25.90 billion by 2027, at a CAGR of 5.5% during the forecast period 2020-2027.
A blood that is remained in the placenta and in the umbilical cord after childbirth is known as cord blood. A process of collecting the cord blood and cryogenically freezing and extracting the stem cells and other cells of the immune system for the potential future medical use is known as cord blood banking. The medical use of stem cells and immune system cells in cord blood is expanding rapidly. The cord blood banking process includes the collection process through storage and newborn stem cells for future medical purposes.
The factors driving the market are increasing use of cord blood in the treatment of chronic diseases, raising awareness of cord blood treatment line, raising focus of federal agencies on setting up public banking units, and increasing number of facilities. The factors restraining the market growth are stringent regulatory standards, the dilemma of choosing private and public banks, and ethical concerns. Increasing research concerns about the application of cord blood for the treatment of genetic and idiopathic disorders will provide market growth opportunities.
This study delivers a comprehensive analysis of the type of bank, services, application, end-user, and region. The type of bank segment includes public and private. The public cord blood bank segment holds the largest share, owing to a rising funding program for supporting the development and increasing government initiatives of the public cord blood bank. The services segment includes processing and storage. The storage segment dominates the market due to several offers and discounts provided for long-term storage of cord blood cells by the cord blood banks. Based on applications, the market is segmented into cancer, blood disorders, immuno-deficiency disorders, metabolic disorders, and bone marrow failure syndrome. The blood disorders segment holds the largest market share, owing to the increasing prevalence of beta-thalassemia and various other blood-related disorders. The end-user segment includes hospitals, research institutes, and specialty clinics. The research institute segment is witnessing a significant growth. This growth is attributed to the rising number of clinical trials for exploring new diseases treated by cord blood stem cells method, and the growing pervasiveness of genetic disorders.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the largest market share, owing to the increasing awareness of long-term benefits of cord blood storag, reduction in storage cost, and increasing investment in public banking. The market in Asia-Pacific region is expected to witness significant growth, owing to the increasing awareness regarding the advantages of preservation of cord blood cells in developing economies like China and India.
Some of the notable players in the market are CBR Systems, Singapore Cord Blood Bank, Cryo-Save, ViaCord LLC, Global Cord Blood Corporation, Jeevan Stem Cell Foundation, LifeCell, Cordlife, Americord, and FamiCord. In April 2019, FamiCord announced a future business corporation agreement with CelluGen Biotech. This agreement will help in generating beneficial synergies with both the companies in the field of development of new stem cell-based drugs and family-based stem cell banking.
Cord Blood Banking Market Analysis and Forecast, Type of Bank
Cord Blood Banking Market Analysis and Forecast, Services
Cord Blood Banking Market Analysis and Forecast, Application
Cord Blood Banking Market Analysis and Forecast, End-User
Cord Blood Banking Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type of Bank
4.3.2. Market Attractiveness Analysis By Services
4.3.3. Market Attractiveness Analysis By Applications
4.3.4. Market Attractiveness Analysis By End-user
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing use of cord blood in the treatment of chronic diseases
5.2.2. Raising awareness of cord blood treatment line
5.3. Restraints
5.3.1. Stringent regulatory standards
5.4. Opportunities
5.4.1. Increasing research concerns about the application of cord blood for the treatment of genetic and idiopathic disorders
6. Global Cord Blood Banking Market Analysis and Forecast, By Type of Bank
6.1. Segment Overview
6.2. Public
6.3. Private
7. Global Cord Blood Banking Market Analysis and Forecast, By Services
7.1. Segment Overview
7.2. Processing
7.3. Storage
8. Global Cord Blood Banking Market Analysis and Forecast, By Applications
8.1. Segment Overview
8.2. Cancer
8.3. Blood Disorders
8.4. Immuno-Deficiency Disorders
8.5. Metabolic Disorders
8.6. Bone Marrow Failure Syndrome
9. Global Cord Blood Banking Market Analysis and Forecast, By End-user
9.1. Segment Overview
9.2. Hospitals
9.3. Research Institutes
9.4. Specialty Clinics
10. Global Cord Blood Banking Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2. North America
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. Germany
10.3.2. France
10.3.3. U.K.
10.3.4. Italy
10.3.5. Spain
10.4. Asia-Pacific
10.4.1. Japan
10.4.2. China
10.4.3. India
10.5. South America
10.5.1. Brazil
10.6. Middle East and Africa
10.6.1. UAE
10.6.2. South Africa
11. Global Cord Blood Banking Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Cord Blood Banking Market
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3. Competitive Situations and Trends
11.3.1. Applications, Launches, and Developments
11.3.2. Partnerships Collaborations and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1. CBR Systems
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2. Singapore Cord Blood Bank
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3. Cryo-Save
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4. ViaCord LLC
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5. Global Cord Blood Corporation
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6. Jeevan Stem Cell Foundation
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.6.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7. LifeCell
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8. Cordlife
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9. Americord
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10. FamiCord
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6. SWOT Analysis
List of Table
1. Global Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
2. Global Public, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
3. Global Private, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
4. Global Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
5. Global Processing, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
6. Global Storage, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
7. Global Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
8. Global Cancer, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
9. Global Blood Disorders, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
10. Global Immuno-deficiency Disorders, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
11. Global Metabolic Disorders, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
12. Global Bone Marrow Failure Syndrome, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
13. Global Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
14. Global Hospitals, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
15. Global Research Institutes, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
16. Global Specialty Clinics, Cord Blood Banking Market, By Region, 2019-2027 (USD Billion)(K Units)
17. North America Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
18. North America Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
19. North America Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
20. North America Cord Blood Banking Market, By End-user 2019-2027 (USD Billion)(K Units)
21. U.S. Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
22. U.S. Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
23. U.S. Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
24. U.S. Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
25. Canada Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
26. Canada Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
27. Canada Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
28. Canada Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
29. Mexico Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
30. Mexico Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
31. Mexico Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
32. Mexico Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
33. Europe Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
34. Europe Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
35. Europe Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
36. Europe Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
37. Germany Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
38. Germany Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
39. Germany Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
40. Germany Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
41. France Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
42. France Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
43. France Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
44. France Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
45. U.K. Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
46. U.K. Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
47. U.K. Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
48. U.K. Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
49. Italy Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
50. Italy Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
51. Italy Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
52. Italy Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
53. Spain Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
54. Spain Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
55. Spain Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
56. Spain Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
57. Asia Pacific Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
58. Asia Pacific Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
59. Asia Pacific Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
60. Asia Pacific Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
61. Japan Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
62. Japan Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
63. Japan Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
64. Japan Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
65. China Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
66. China Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
67. China Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
68. China Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
69. India Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
70. India Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
71. India Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
72. India Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
73. South America Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
74. South America Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
75. South America Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
76. South America Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
77. Brazil Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
78. Brazil Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
79. Brazil Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
80. Brazil Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
81. Middle East and Africa Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
82. Middle East and Africa Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
83. Middle East and Africa Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
84. Middle East and Africa Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
85. UAE Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
86. UAE Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
87. UAE Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
88. UAE Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
89. South Africa Cord Blood Banking Market, By Type of Bank, 2019-2027 (USD Billion)(K Units)
90. South Africa Cord Blood Banking Market, By Services, 2019-2027 (USD Billion)(K Units)
91. South Africa Cord Blood Banking Market, By Applications, 2019-2027 (USD Billion)(K Units)
92. South Africa Cord Blood Banking Market, By End-user, 2019-2027 (USD Billion)(K Units)
List of Figures
1. Global Cord Blood Banking Market Segmentation
2. Global Cord Blood Banking Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Cord Blood Banking Market Attractiveness Analysis By Type of Bank
9. Global Cord Blood Banking Market Attractiveness Analysis By Services
10. Global Cord Blood Banking Market Attractiveness Analysis By Applications
11. Global Cord Blood Banking Market Attractiveness Analysis By End-user
12. Global Cord Blood Banking Market Attractiveness Analysis By Region
13. Global Cord Blood Banking Market: Dynamics
14. Global Cord Blood Banking Market Share by Type of Bank (2020 & 2027)
15. Global Cord Blood Banking Market Share by Services (2020 & 2027)
16. Global Cord Blood Banking Market Share by Applications (2020 & 2027)
17. Global Cord Blood Banking Market Share by End-user (2020 & 2027)
18. Global Cord Blood Banking Market Share by Regions (2020 & 2027)
19. Global Cord Blood Banking Market Share by Company (2019)
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