Global Cord Blood Banking Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Cord Blood Banking Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Bank Type (Private, Public, and Hybrid), Application (Leukaemia, Genetic Disorders, Immune Deficiencies, and Other Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Cord Blood Banking Market was valued at USD 37,863.7 million in 2023 and is expected to reach USD 93,081.6 million by 2031 while growing at a CAGR of 11.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global cord blood banking market growth. Cord blood banking involves collecting, processing, and storing the stem cell-rich blood from a newborn's umbilical cord, which can develop into different cell types, including blood cells. The collection is usually done right after birth when the umbilical cord is clamped and cut.
Increasing awareness and acceptance, along with a rising incidence of blood-related disorders, are expected to drive significant growth in the Cord Blood Banking market. Despite these positive factors, obstacles such as high costs, limited reimbursement, and regulatory challenges may impede the market's expansion.
Furthermore, the global cord blood banking industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Bank Type Analysis
The Global Cord Blood Banking Market is segmented among Private, Public, and Hybrid, based on Bank Type. In 2023, Private accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Cord Blood Banking Market is segmented among Leukaemia, Genetic Disorders, Immune Deficiencies, and Other Applications, based on Application. In 2023, Leukaemia accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Cord Blood Banking Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Global Cord Blood Corporation, CBR Systems Inc., PerkinElmer Inc. (ViaCord LLC), Cryo-Cell International, Cordlife Group Limited, AlphaCord LLC, ATCC, CSG-BIO, California Cryobank Stem Cell Services LLC, and Cord Blood Foundation (Smart Cells International).
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Cord Blood Banking Market Dynamics
Drivers
Restraints
Opportunity
4. Global Cord Blood Banking Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Cord Blood Banking Market Segmentation, By Bank Type
Global Cord Blood Banking Market Share Analysis, By Bank Type
Global Cord Blood Banking Market Growth Analysis, By Bank Type
Global Cord Blood Banking Market Trends, By Bank Type
o Private
o Public
o Hybrid
6. Global Cord Blood Banking Market Segmentation, By Application
Global Cord Blood Banking Market Share Analysis, By Application
Global Cord Blood Banking Market Growth Analysis, By Application
Global Cord Blood Banking Market Trends, By Application
o Leukaemia
o Genetic Disorders
o Immune Deficiencies
o Other Applications
7. Global Cord Blood Banking Market Segmentation, By Region
Global Cord Blood Banking Market Share Analysis, By Region
Global Cord Blood Banking Market Growth Analysis, By Region
Global Cord Blood Banking Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Global Cord Blood Corporation*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
CBR Systems Inc.
PerkinElmer Inc. (ViaCord LLC)
Cryo-Cell International
Cordlife Group Limited
AlphaCord LLC
ATCC
CSG-BIO
California Cryobank Stem Cell Services LLC
Cord Blood Foundation (Smart Cells International)
*Similar analysis will be provided for each company listed above.