Rising Global Burden of Major Diseases Feeds Newer Innovations in Stem Cell Banking Techniques


Posted September 17, 2019 by mmvaidya01

This report studies the global stem cell banking market over the forecast period of 2019 to 2023.

 
This research study involves the extensive usage of secondary sources, directories, and databases (such as, Bloomberg Business, Factiva, and Dun & Bradstreet), in order to identify and collect information useful for this technical, market-oriented, and financial study of the stem cell banking market. In-depth interviews were conducted with various primary respondents, including subject-matter experts (SMEs), C-level executives of key market players, and industry consultants to obtain and verify qualitative and quantitative information and to assess market prospects.

Base Year: 2017
Forecast Period: 2018–2023

The growth of the global Stem Cell Banking Market can primarily be attributed to the increase in hematopoietic stem cell transplantation (HSCT) procedures, development of novel technologies for stem cell processing, preservation, and storage, increasing investments in stem cell-based research, and growing awareness on the therapeutic potential of stem cells.

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This report covers the global market across four major regions, namely, North America, Europe, Asia Pacific, and RoW. In 2018, North America is expected to command the largest share of stem cell banking market that is mainly attributed to the expanding network of stem cell banking services, ongoing approval of stem cell lines for various disease treatment, recent technological advancements in the field of stem cell collection and preservation techniques, rising public-private investments for stem cell researches, growing number of stem cell transplantation procedures, and increasing public preference for private stem cell banking over public stem cell banks.

The major players in the market include Cord Blood Registry (CBR) Systems (US), Cordlife Group Limited (Singapore), Cryo-Cell International (US), ViaCord (US), Cryo-Save AG (Netherlands), LifeCell International (India), StemCyte (US), Global Cord Blood Corporation (China), Smart Cells International (UK), Vita34 AG (Germany), and CryoHoldco (Mexico); among others.

Analysis of the market developments between 2015 and 2018 reveals that several growth strategies such as service launches & upgrades; agreements, partnerships, & collaborations; and mergers & acquisitions were adopted by the market players to strengthen and competitive position in the global stem cell banking market. Among these business strategies, agreements, partnerships, & collaborations were the most widely adopted growth strategies by majority of market players worldwide.

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Issued By Makarand Vaidya
Phone 8886006441
Business Address 630 Dundee Road
Country United States
Categories Biotech , Industry , Research
Tags stem cell banking market
Last Updated September 17, 2019