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Global Umbilical Cord Blood Banking Market: By Storage Operation: Private UCB Banks, Public UCB Banks; By Service Type: Sample Preservation and Storage, Sample Analysis, Sample Processing, Others; By Application; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments
Global Umbilical Cord Blood Banking Market Outlook
The global umbilical cord blood banking market attained a value of USD 20.42 billion in 2020. The market is further expected to grow at a CAGR of 5.8% in the forecast period of 2021-2026 to reach a value of USD 27.07 billion by 2026.
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Rising Prevalence of Chronic Diseases to Aid the Market Growth of Umbilical Cord Blood Banking
The market for umbilical cord blood banking is being driven by the rapid prevalence of chronic diseases, along with the rising demand for regenerative medicines. Moreover, several government associations and initiatives are contributing to the market growth for umbilical cord blood bank. Regionally, North America is the significant market for the product, followed by Europe and the Asia Pacific. In Europe, the umbilical cord blood banking industry is thriving owing to the rising awareness regarding the potential applications of cord blood to cure life-threatening diseases. Further, the rising number of live births is playing a significant role in the development of umbilical cord blood banking industry in Europe. Also, now the new born’s family, across Europe, donates as well as preserves cord blood in private or public banks as a result of the growing awareness about the potential of cord blood.
Umbilical Cord Blood Banking: Industry Definition and Segmentation
Umbilical cord blood or UCB is the blood collected from the umbilical cord of a new born baby. It is also retrieved from the placenta post-delivery. The UCB is enriched with adult stem cells, which play an important role in controlling all biological activities and in producing tissues in the human body. An umbilical cord blood bank is an alternative source of cells for the purpose of transplantation.
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On the basis of storage operation, the market is divided into:
- Private UCB Banks
- Public UCB Banks
Based on service type, the industry can be segmented into:
- Sample Preservation and Storage
- Sample Analysis
- Sample Processing
- Sample Collection and Transportation
By application, the industry is categorised into:
- Bone Marrow Failure Syndrome
- Metabolic Disorder
- Leukaemia
- Immune Deficiencies
- Lymphoma
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Awareness of Umbilical Cord Blood Donation to Aid the Market Growth of Umbilical Cord Blood Banking
The market for umbilical cord blood banking is being driven by the significant contribution by the North America region. Within North America, the United States is the largest market for umbilical cord blood banking, followed by Canada. The market is predominantly being dominated by the rising prevalence of chronic diseases. Furthermore, several government associations are taking initiatives to enhance the awareness regarding the significance of cord blood donation in the region.
Key Industry Players in the Global Umbilical Cord Blood Banking Market
The report gives a detailed analysis of the following key players in the global umbilical cord blood banking market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- CBR Systems, Inc.
- Cryo-Cell International, Inc.
- Smart Cells International Ltd.
- Global Cord Blood Corporation
- Stemcyte India Therapeutics Pvt. Ltd
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Umbilical Cord Blood Banking Market Analysis
8.1 Key Industry Highlights
8.2 Global Umbilical Cord Blood Banking Historical Market (2016-2020)
8.3 Global Umbilical Cord Blood Banking Market Forecast (2021-2026)
8.4 Global Umbilical Cord Blood Banking Market by Storage Operation
8.4.1 Private UCB Banks
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Public UCB Banks
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Umbilical Cord Blood Banking Market by Service Type
8.5.1 Sample Preservation and Storage
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Sample Analysis
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Sample Processing
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Sample Collection and Transportation
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.6 Global Umbilical Cord Blood Banking Market by Application
8.6.1 Bone Marrow Failure Syndrome
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Metabolic Disorder
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 Leukaemia
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2016-2020)
8.6.3.3 Forecast Trend (2021-2026)
8.6.4 Immune Deficiencies
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2016-2020)
8.6.4.3 Forecast Trend (2021-2026)
8.6.5 Lymphoma
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2016-2020)
8.6.5.3 Forecast Trend (2021-2026)
8.7 Global Umbilical Cord Blood Banking Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 CBR Systems, Inc.
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Cryo-Cell International, Inc.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Smart Cells International Ltd.
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Global Cord Blood Corporation
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Stemcyte India Therapeutics Pvt. Ltd
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Others
12 Industry Events and Developments
List of Figures and Tables
1. Global Umbilical Cord Blood Banking Market: Key Industry Highlights, 2016 and 2026
2. Global Umbilical Cord Blood Banking Historical Market: Breakup by Storage Option (USD Billion), 2016-2020
3. Global Umbilical Cord Blood Banking Market Forecast: Breakup by Storage Option (USD Billion), 2021-2026
4. Global Umbilical Cord Blood Banking Historical Market: Breakup by Service Type (USD Billion), 2016-2020
5. Global Umbilical Cord Blood Banking Market Forecast: Breakup by Service Type (USD Billion), 2021-2026
6. Global Umbilical Cord Blood Banking Historical Market: Breakup by Application (USD Billion), 2016-2020
7. Global Umbilical Cord Blood Banking Market Forecast: Breakup by Application (USD Billion), 2021-2026
8. Global Umbilical Cord Blood Banking Historical Market: Breakup by Region (USD Billion), 2016-2020
9. Global Umbilical Cord Blood Banking Market Forecast: Breakup by Region (USD Billion), 2021-2026
10. North America Umbilical Cord Blood Banking Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Umbilical Cord Blood Banking Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Umbilical Cord Blood Banking Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Umbilical Cord Blood Banking Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Umbilical Cord Blood Banking Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Umbilical Cord Blood Banking Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Umbilical Cord Blood Banking Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Umbilical Cord Blood Banking Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Umbilical Cord Blood Banking Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Umbilical Cord Blood Banking Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Global Umbilical Cord Blood Banking Market Structure
Key Questions Answered in the Report
In 2020, the global umbilical cord blood banking market attained a value of nearly USD 20.42 billion.
The market is projected to grow at a CAGR of 5.8% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 27.07 billion by 2026.
The major drivers of the industry, such as rising disposable incomes, rapid prevalence of chronic diseases, rising demand for regenerative medicines, rising number of live births, and extensive applications, are expected to aid the market growth.
The key trend guiding the growth of the market includes the rising number of favourable government initiatives.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading storage operations of umbilical cord blood banking in the market are private UCB banks and public UCB banks.
The major service types of umbilical cord blood banking in the industry are sample preservation and storage, sample analysis, sample processing, and sample collection and transportation.
The significant application segments in the market are bone marrow failure syndrome, metabolic disorder, leukaemia, immune deficiencies, and lymphoma.
The major players in the industry are CBR Systems, Inc., Cryo-Cell International, Inc., Smart Cells International Ltd., Global Cord Blood Corporation, and Stemcyte India Therapeutics Pvt. Ltd, among others.
Analyst Review
The global umbilical cord blood banking market attained a value of USD 20.42 billion in 2020, driven by the rising prevalence of chronic diseases. Aided by the growing implementation of favourable government programmes, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 5.8%. The market is projected to reach USD 27.07 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on storage operation, the market is bifurcated into private UCB banks and public UCB banks. By service type, the industry is divided into sample preservation and storage, sample analysis, sample processing, and sample collection and transportation. On the basis of application, the market is segmented into bone marrow failure syndrome, metabolic disorder, leukaemia, immune deficiencies, and lymphoma. The major regional markets for umbilical cord blood banking are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include CBR Systems, Inc., Cryo-Cell International, Inc., Smart Cells International Ltd., Global Cord Blood Corporation, and Stemcyte India Therapeutics Pvt. Ltd, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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