Market Overview:
The global cord blood banking services market reached a value of US$ 1.48 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.83 Billion by 2027, exhibiting a CAGR of 11.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Cord blood banking is a procedure of collecting and storing life-saving stem cells from the umbilical cord and placenta for future use. It uses hematopoietic stem cells that are present in the cord blood of the baby to develop it into red blood cells (RBCs), white blood cells (WBCs) and platelets. It aids in the treatment of cancer, blood diseases and immune system disorders as cord blood banking is less complicated, painful and risky for the donor compared to the collection of stem cells from bone marrow. As a result, it finds extensive applications in hospitals, research institutes, and specialty clinics.
Cord Blood Banking Services Market Trends:
The growing prevalence of different cancers, such as lymphoma and leukemia, due to longer working hours, stressful lives, and excessive smoking and alcohol consumption represents one of the key factors driving the market. Moreover, there is an increase in the utilization of cord blood banking services for the treatment of immunodeficiency disorders across the globe. This, coupled with the increasing awareness among individuals about the benefits and wide availability of cord blood banking service providers, is propelling the growth of the market. In addition, governments of several countries are extensively investing in research and development (R&D) activities to facilitate clinical trials of cord blood stem cells. In line with this, the growing number of patients with damaged bone marrow worldwide is positively influencing the market. Besides this, the rising diagnostic screening of cord blood in private centers as per guidelines and regulations of regulatory authorities is offering lucrative growth opportunities to industry investors. Additionally, the expanding healthcare industry is strengthening the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cord blood banking services market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, storage services and application.
Breakup by Component:
Breakup by Storage Services:
- Public Cord Blood Banks
- Private Cord Blood Banks
Breakup by Application:
- Cancer Disease
- Diabetes
- Blood Disease
- Immune Disorders
- Metabolic Disorders
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alphacord LLC, Americord Registry LLC, ATCC, California Cryobank, Cordlife Group LImited, Cryo-Cell International Inc., Global Cord Blood Corporation, LifeBank, LifeCell International Pvt. Ltd., National Cord Blood Program, Norton Healthcare Inc., Perkinelmer Inc. and StemCyte India Therapeutics Pvt. Ltd.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Component, Storage Services, Application, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Alphacord LLC, Americord Registry LLC, ATCC, California Cryobank, Cordlife Group LImited, Cryo-Cell International Inc., Global Cord Blood Corporation, LifeBank, LifeCell International Pvt. Ltd., National Cord Blood Program, Norton Healthcare Inc., Perkinelmer Inc. and StemCyte India Therapeutics Pvt. Ltd. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global cord blood banking services market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global cord blood banking services market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the storage services?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global cord blood banking services market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cord Blood Banking Services Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Cord Blood
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Cord Tissue
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Storage Services
7.1 Public Cord Blood Banks
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Private Cord Blood Banks
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Cancer Disease
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Diabetes
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Blood Disease
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Immune Disorders
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Metabolic Disorders
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Alphacord LLC
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Americord Registry LLC
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 ATCC
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 California Cryobank
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Cordlife Group LImited
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 Cryo-Cell International Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Global Cord Blood Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 LifeBank
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 LifeCell International Pvt. Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 National Cord Blood Program
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Norton Healthcare Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Perkinelmer Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
14.3.13 StemCyte India Therapeutics Pvt. Ltd.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Cord Blood Banking Services Market: Major Drivers and Challenges
Figure 2: Global: Cord Blood Banking Services Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Cord Blood Banking Services Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Cord Blood Banking Services Market: Breakup by Component (in %), 2021
Figure 5: Global: Cord Blood Banking Services Market: Breakup by Storage Services (in %), 2021
Figure 6: Global: Cord Blood Banking Services Market: Breakup by Application (in %), 2021
Figure 7: Global: Cord Blood Banking Services Market: Breakup by Region (in %), 2021
Figure 8: Global: Cord Blood Banking Services (Cord Blood) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Cord Blood Banking Services (Cord Blood) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Cord Blood Banking Services (Cord Tissue) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Cord Blood Banking Services (Cord Tissue) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Cord Blood Banking Services (Public Cord Blood Banks) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Cord Blood Banking Services (Public Cord Blood Banks) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Cord Blood Banking Services (Private Cord Blood Banks) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Cord Blood Banking Services (Private Cord Blood Banks) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Cord Blood Banking Services (Cancer Disease) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Cord Blood Banking Services (Cancer Disease) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Cord Blood Banking Services (Diabetes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Cord Blood Banking Services (Diabetes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Cord Blood Banking Services (Blood Disease) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Cord Blood Banking Services (Blood Disease) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Cord Blood Banking Services (Immune Disorders) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Cord Blood Banking Services (Immune Disorders) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Cord Blood Banking Services (Metabolic Disorders) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Cord Blood Banking Services (Metabolic Disorders) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Cord Blood Banking Services (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Cord Blood Banking Services (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia-Pacific: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia-Pacific: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Germany: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Germany: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: France: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: France: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: United Kingdom: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: United Kingdom: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Italy: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Italy: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Spain: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Spain: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Russia: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Russia: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Mexico: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Mexico: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: Cord Blood Banking Services Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: Cord Blood Banking Services Market: Breakup by Country (in %), 2021
Figure 76: Middle East and Africa: Cord Blood Banking Services Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Global: Cord Blood Banking Services Industry: SWOT Analysis
Figure 78: Global: Cord Blood Banking Services Industry: Value Chain Analysis
Figure 79: Global: Cord Blood Banking Services Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Cord Blood Banking Services Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Cord Blood Banking Services Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Cord Blood Banking Services Market Forecast: Breakup by Storage Services (in Million US$), 2022-2027
Table 4: Global: Cord Blood Banking Services Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Cord Blood Banking Services Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Cord Blood Banking Services Market: Competitive Structure
Table 7: Global: Cord Blood Banking Services Market: Key Players