Stem Cell Banking Comprehensive Study by
Stem Cell Banking Market Scope
Stem cell banking is the extraction, processing, and storage of stem cells, so that they may be used for treatment in the future when required. Stem Cells have the amazing power to transform into any tissue or organ in the human body. Stem cells have a unique characteristic & the potential to treat over 80 life-threatening diseases and offers numerous benefits to the baby, its siblings and the family. Furthermore, it is being extensively used in personalized banking, research, and clinical applications.According to AMA, the Global Stem Cell Banking market is expected to see growth rate of 20.5%Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Stem Cell Banking market throughout the predicted period.Cord Blood Registry Systems (United States), Cordlife (Singapore), Cryo-Cell International (United States), Cryo-Save AG (A Subsidiary of Esperite N.V) (Netherlands), LifeCell International (India), StemCyte (United States), ViaCord (A Subsidiary of Perkinelmer) (United States), Global Cord Blood (China), Smart Cells International Ltd. (United Kingdom) and Vita 34 International (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are CryoHoldco (Mexico), Korea Stem Cell Bank Co., Ltd. (South Korea) and UK Stem Cell Bank (United Kingdom).
Segmentation Overview
The study have segmented the market of Global Stem Cell Banking market by Type (Umbilical Cord Blood Stem Cell, Embryonic Stem Cell, Adult Stem Cell and Others), by Application (Personalized Banking Applications, Research Applications {Disease Treatment Studies, Life Science Research, Drug Discovery} and Clinical Applications {HematopOIEtic Disorders, Autoimmune Disorders, Other Diseases}) and Region with country level break-up.On the basis of geography, the market of Stem Cell Banking has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Rapid Advancements in Biotechnology Field
Market Growth Drivers:
Growing Awareness of the Therapeutic Potential of Stem Cells, Development of Novel Technologies for Stem Cell Preservation, Processing, and Storage, Increase in HematopOIEtic Stem Cell Transplantation Procedures and Increasing Investments in Stem Cell-Based Research
Challenges:
Socio-Ethical Concerns Related to Embryonic Stem Cells
领英推荐
Restraints:
High Operational Costs of Stem Cell Banking and Stringent Regulatory Frameworks
Opportunities:
Emerging Countries and Rising Global Burden of Major Diseases
Market Leaders and their Expansionary Development Strategies
On 4 June 2018, Cryo-Cell International, Inc., has announced an agreement to acquire substantially all of the assets of Cord:Use Cord Blood Bank, Inc. for a purchase price of 14 Million USD. The acquisition will boost Cryo-Cell International into the public cord blood banking business and is expected to further solidify Cryo-Cell International’s role as the industry leader.On 21 Nov. 2018, LifeCell, India's premier stem cell bank, has launched their new campaign on television to create awareness and promote umbilical cord stem cell banking for the benefit and protection of the entire family.
Key Target Audience
Private, public, and community stem cell banks, tissue banks, and biobanks, Stem cell associations and organizations, Government regulatory authorities, Regenerative medicine and cellular therapy manufacturers, Pharmaceutical & biopharmaceutical product manufacturers, Healthcare service providers, Research and development (R&D) companies, Clinical research organizations (CROs) and Research laboratories and academic institutes
Get Sample Report : https://www.advancemarketanalytics.com/sample-report/20849-global-stem-cell-banking-market?industry=biotechnology?utm_source=LinkedIn&utm_medium=Vishal