Stem Cell Banking Market Research Report: By Cell Type (Umbilical Cord Stem Cells, Adult Stem Cells, Embryonic Stem Cells), Bank Type (Private Banks, Public Banks, Hybrid Banks) and Application (Thalassemia, Cerebral Palsy, Diabetes, Leukemia, Autism) - Forecast to 2027
Market Highlights
According to MRFR analysis, Stem Cell Banking Market is expected to register a CAGR of 9.8% during the forecast period of 2019 to 2025 and is expected to reach USD 12,056.7 Million by 2025.
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To understand the market landscape in depth, analysts have segmented the global stem cell banking market into different categories based on cell type, bank type, and by application. On the basis of type, the market has been further segmented into umbilical cord stem cells – cord blood, cord tissues, placenta, adult stem cell, and embryonic stem cells. On the basis of bank type the market research report covers all types of stem cell banks including private banks, public banks, and hybrid banks. On the basis of applications, the global market for stem cell banking is spread across a large number of verticals including cerebral palsy, thalassemia, leukemia, diabetes, autism, and others.
Stem cell Market Regional Overview
The market research report covers a large number of stakeholders present in the global stem cell banking market. These stakeholders include stem cell associations, government institutes, research and academic institutes, venture capitalists, pharmaceuticals and biopharmaceutical companies, and stem cell banks. The market research report studies regional markets and key players present in these markets. On the basis of regions, the report categorizes the market into Asia-Pacific, Americas, MEA, and Europe. The performance of major companies along with their market share, revenue, profit margins and other key details have been studied. These details will help companies and new entrants plan a future-proof strategy to expand and grow business.
Key Players
Some of the key players in the Global Stem Cell Banking Market are Americord Registry LLC (US), CBR Systems, Inc. (US), Cryo-Cell International, Inc. (US), Cordlife (Singapore), Cryo-Save AG (Netherlands), Smart Cells International Ltd. (UK), Global Cord Blood Corporation (Hong Kong), Celgene Corporation (US), BrainStorm Cell Therapeutics (US), and Regrow Biosciences Pvt. Ltd. (India).
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Industry News
Hope Biosciences, a company in the field of biotechnology in its clinical stage is focusing on developing a highly effective cell-based therapeutics for chronic and acute health problems has announced that Food and Drug Administration has approved the company’s Phase II clinical trial to evaluate efficacy and safety of its autologous, mesenchymal stem cells (adipose-derived) to provide immune support to body against the novel coronavirus.
NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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