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The Global Market for Stem Cell Banking (2019-2024): $17+ Billion Outlook by Product Type, Service Type, Bank Type, Utilization, Application and Region - ResearchAndMarkets.com

February 28, 2019

DUBLIN--(BUSINESS WIRE)--Feb 28, 2019--The “Stem Cell Banking Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The global stem cell banking market was worth US$ 8.1 Billion in 2018. Looking forward, we expect the global stem cell banking market to reach a value of US$ 17.3 Billion by 2024, exhibiting a CAGR of 13.5% during 2019-2024.

While the average human life expectancy has increased owing to the advancements in medical science, human aging is still associated with several diseases. Thus, the elevating count of geriatric population will drive the demand for stem cell therapy in the coming years.

Regulatory authorities as well as non-governmental organizations (NGO), across both developed and emerging regions, are taking initiatives for instilling awareness amongst consumers about the therapeutic potentials of stem cells, thereby influencing the stem cell banking market growth.

Increasing fertility rates has led to a rise in the number of children across the globe. This offers lucrative opportunities for preserving the umbilical cord of infants which contains hematopoietic (blood) stem cells.

Some of the other factors which are catalyzing the growth of the market include escalating disposable incomes, increasing approval of clinical trials in stem cell research, growing prevalence of chronic diseases and technological advancements.

Product Type Insights

On the basis of product types, the market has been segmented as adult stem cells, human embryonic cells and IPS cells. Presently, adult stem cells account for the majority of the market share as they help in repairing damaged tissues via cell division. In addition to this, adult stem cells offer advantages like ease of harvesting, high acceptance in the human body and effectiveness in tissue generation.

Service Type Insights

Based on service types, the market has been segmented as sample preservation and storage; sample analysis; sample processing; and sample collection and transportation.

Bank Type Insights

Based on the bank type, the market has been segregated as private and public stem cell banks. Private stem cell banks currently dominate the market, holding the largest share.

Utilization Insights

Based on the utilization, the market has been segregated as used and unused.

Application Insights

On the basis of application, the market has been segmented as personalized banking applications, research applications and clinical applications.

Regional Insights

On a geographical front, North America enjoys the leading position in the global stem cell banking market on account of advancements in medical infrastructure and availability of federal funding for stem cell research. Other regions include Europe, Asia Pacific, Middle East and Africa, and Latin America.

Competitive Landscape

The market is fragmented in nature with the presence various international as well as regional players. Some of the leading players operating in the market are:

  • CBR Systems Inc.
  • China Cord Blood Corporation
  • Cordlife
  • Cordvida
  • Cryo-Cell International Inc.
  • Cryo-Save AG (A Group of Esperite)
  • Cryoviva India
  • Lifecell
  • Smart Cells International Ltd.
  • Viacord

Key Questions Answered

  • How has the global stem cell banking market performed so far and how will it perform in the coming years?
  • What are the key regions in the global stem cell banking market?
  • What is the breakup of the global stem cell banking market on the basis of product type?
  • What is the breakup of the global stem cell banking market on the basis of service type?
  • What is the breakup of the global stem cell banking market on the basis of bank type?
  • What is the breakup of the global stem cell banking market on the basis of utilization?
  • What is the breakup of the global stem cell banking market on the basis of application?
  • What are the various stages in the value chain of the global stem cell banking market?
  • What are the key driving factors and challenges in the global stem cell banking market?
  • What is the structure of the global stem cell banking market and who are the key players?
  • What is the degree of competition in the global stem cell banking market?

Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Properties

4.3 Key Industry Trends

5 Global Stem Cell Banking Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Product Type

5.4 Market Breakup by Service Type

5.5 Market Breakup by Bank Type

5.6 Market Breakup by Utilization

5.7 Market Breakup by Application

5.8 Market Breakup by Region

5.9 Market Forecast

6 Market Breakup by Product Type

6.1 Adult Stem Cells

6.2 Human Embryonic Cells

6.3 IPS Cells

7 Market Breakup by Service Type

7.1 Sample Preservation and Storage

7.2 Sample Analysis

7.3 Sample Processing

7.4 Sample Collection and Transportation

8 Market Breakup by Bank Type

8.1 Private

8.2 Public

9 Market Breakup by Utilization

9.1 Used

9.2 Unused

10 Market Breakup by Application

10.1 Personalized Banking Applications

10.2 Research Applications

10.3 Clinical Applications

11 Market Breakup by Region

11.1 North America

11.2 Europe

11.3 Asia Pacific

11.4 Middle East and Africa

11.5 Latin America

12 Global Stem Cell Banking Industry: SWOT Analysis

12.1 Overview

12.2 Strengths

12.3 Weaknesses

12.4 Opportunities

12.5 Threats

13 Global Stem Cell Banking Industry: Value Chain Analysis

14 Global Stem Cell Banking Industry: Porters Five Forces Analysis

14.1 Overview

14.2 Bargaining Power of Buyers

14.3 Bargaining Power of Suppliers

14.4 Degree of Competition

14.5 Threat of New Entrants

14.6 Threat of Substitutes

15 Global Stem Cell Banking Industry: Price Analysis

16 Competitive Landscape

16.1 Market Structure

16.2 Key Players

16.3 Profiles of Key Players

16.3.1 CBR Systems Inc.

16.3.2 China Cord Blood Corporation

16.3.3 Cordlife

16.3.4 Cordvida

16.3.5 Cryo-Cell

16.3.6 Cryo-Save AG (A Group of Esperite)

16.3.7 Cryoviva India

16.3.8 Lifecell

16.3.9 Smart Cells International Ltd.

16.3.10 Viacord

For more information about this report visit https://www.researchandmarkets.com/research/s58dzl/the_global_market?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190228005452/en/

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Related Topics:Stem Cells

KEYWORD:

INDUSTRY KEYWORD: STEM CELLS HEALTH

SOURCE: Research and Markets

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PUB: 02/28/2019 07:08 AM/DISC: 02/28/2019 07:08 AM

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