Cord Blood Banking Services Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019

Transparency Market

Research

Cord Blood Banking Services Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast,

2013 - 2019

Published Date

2013-12-16

92 Page Report

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Cord Blood Banking Services Market to Expand at 5.6% CAGR

thanks to Untapped Opportunity in Asia Pacific

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Cord Blood Banking Services

Market

REPORT DESCRIPTION

Cord Blood Banking Services Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast, 2013 – 2019

Transparency Market Research (TMR) has announced the addition of a new report, titled “ Cord

Blood Banking Services Market - Global Industry Analysis, Size, Share, Growth, Trends

and Forecast, 2013 - 2019”. According to this report, the global cord blood banking services

market will grow at 5.6% CAGR during the forecast period of 2013 to 2019. In 2012, the global

cord blood banking services market was estimated at US$12.4 billion in 2012 and is expected to

be worth US$15.23 billion by 2019.Cord blood banking is practiced to use the cord blood stem

cells for treating various medical disorders. The main success for stem cell banking includes

storing of peripheral blood and bone marrow. Furthermore, donated cord blood has currently

become a very reliable source for stem cells and is considered as a valuable biological resource.

Factors such as rising parental awareness will drive the acceptance of cord blood banking

services. Additionally, advancement in cord blood banking technology will also drive is market.

Nevertheless, the global cord blood banking services market’s growth will be constrained by

factors such as cost issues and lack of cord blood units. Furthermore, the stringent laboratory

and storage requirements and accreditation requirements...