The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Cord tissue is the tissue of the umbilical cord that contains blood vessels supported by a tissue called Wharton’s jelly that happens to be a rich source of mesenchymal stem cells. The mesenchymal stem cells are multipotent in nature, having the ability to proliferate and differentiate into muscle, cartilage, bone, and fat cells. Mesenchymal stem cells thus have the potential to treat a number of diseases and conditions long thought to be incurable and thus revolutionize the medical field.

The Global Cord Stem Cell Banking Market is segmented based on By Storage Type, Product type, By Service Type, By Source, By Indication and Geography.

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Based on product type the market is segmented into cord blood and cord blood & cord tissues. In 2016 the market is dominated by the cord blood segment with 63.7% market share in terms of value and is also expected to grow at the highest CAGR of 24.7% in the forecast period 2017 to 2024.

On the basis of storage type the global cord stem cell banking market is segmented into public and private storage. In 2016, the public stem cell banks is expected to dominate the market in terms of market volume storage though the private banks is expected to dominate in terms of value.

On the basis of service type the global cord stem cell banking market is segmented into collection & transportation, processing, analysis and storage.
Based on Indication the market is segmented into cerebral palsy, thalassemia, autism, type 1 diabetes, anemia, leukemia, and others. Cerebral Palsy (CP) is most commonly described as the loss or impairment of motor skills.

On the basis of source the global cord stem cell banking market is segmented into umbilical cord blood, bone marrow, peripheral blood stem and menstrual blood.

Based on geography, the market is segmented into five geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa.

The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.

Cord blood is being used to treat over 80 different types of blood related diseases successfully, such as leukemia, thalassemia, autoimmune diseases, and inherited metabolic disorders, to name a few. Clinical trials are on an increase for various other blood related disorders such as hemophilia, hereditary spherocytosis, cerebral palsy, and others with the potential for future use holding great promise.

Some of the major players operating in this market are
• CBR Systems, Inc.
• Cordlife
• CryoCell
• Cryo-Save AG
• Lifecell, Stemcyte
• Viacord, Smart Cells International, Ltd.
• Cryoviva India and China Cord Blood Corporation

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