Stem Cell Banking Market by Source (PSCs, hESCs, BMSCs, ADSCs, and Others), by Application (Personalized Banking, Clinical, and Research), and by Service Type (Sample Collection & Transportation, Sample Processing, Sample Analysis, and Sample Preservation & Storage): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Global stem cell banking market expected to generate around USD 13.36 billion by 2025, at a CAGR of around 10.4% between 2019 and 2025. The stem cell banking process involves the storage of different kinds of stem cells for clinical and research applications.

20-May-2019 | Number of pages: 110 | Report Code: ZMR-2340 | Report Format : | Status : Published

Analysis

Stem cells are cells that can differentiate themselves into different cells of varied organs and tissues. The stem cell banking process involves the storage of different kinds of stem cells for clinical and research applications. Stem cells are classified into embryonic stem cells and adult stem cells. Embryonic stem cells are obtained from the embryo, whereas adult stem cells can be obtained at any stage of an individual’s life.

According to the World Health Organization, cancer is the second most leading cause of worldwide deaths. The growing prevalence of cancer worldwide is fueling the research activities for the treatment of cancer. As per the National Cancer Institute, about 1,700,000 new cancer cases were diagnosed in the U.S. and approximately 600,000 deaths occurred from cancer in the U.S. in 2018. The growing prevalence of chronic diseases, such as cancer, increasing number of research activities that use of stem cells in therapeutics, rising number of government initiatives, and augmenting number of stem cell banks are some major factors fueling the growth of the global stem cell banking market. However, the high cost required for the preservation of stem cells may hamper the growth of the stem cell banking market globally.

Global Stem Cell Banking Market

The global stem cell banking market is divided into source, application, and service type. The stem cell banking market is divided on the basis of application into clinical (hematopoietic disorders, autoimmune disorders, and others), personalized banking, and research (life science research, disease treatment studies, and drug discovery). Based on source, the market is fragmented into BMSCs (bone marrow), PSCs (placental), ADSCs (adipose tissue), hESCs (human embryo), and others. PSCs are projected to dominate the market in the future, owing to the growing establishment of placental and cord stem cells banks in North America and Europe. Based on service type, the stem cell banking market includes sample processing, sample collection and transportation, sample preservation and storage, and sample analysis.

The North American stem cell banking market dominated the globally in 2018, owing to the early introduction of highly developed equipment for research activities, the presence of highly skilled workforce, and an increase in the number of projects that use stem cell for treating chronic diseases. Asia Pacific is anticipated to show the highest year-to-year growth in the upcoming years in the global stem cell banking market, due to the rising investments made by government and renowned companies for R&D, growing awareness about the benefits of stem cells, and technological advancements related to research and development.

Some major players of the global stem cell banking market are Cord Blood Registry (CBR) Systems, Cordlife Group Limited, Cryo-Cell International, ViaCord, Cryo-Save, LifeCell International, StemCyte, Global Cord Blood Corporation, Vita34, Smart Cells International, and CryoHoldco.


Related Reports

N95 Mask Market by Usage (Reusable and Disposable), and End-Use (Hospitals, Clinics, Ambulatory Surgery Centers, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Apr-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5348 | Report Format:

The report covers forecast and analysis for the N95 mask market on a global and regional level. The study provides historic data from 2016to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the N95 mask market along with the...Read More

Tissue Engineering Market by Application (Gynecology, Cell Banking & Cord blood, Dental, Urology, Integumentary & Skin, Cardiology, Neurology, Musculoskeletal, Orthopedics, & Spine, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Mar-2020 | Price : $ 4199.00 | Pages: 126 | Report Code: ZMR-5337 | Report Format:

The report covers forecast and analysis for the tissue engineering market on a global and regional level. The study provides historic data from 2016 to 2019 along with forecast from 2020 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the tissue engineering ma...Read More

Robotic Prosthetic Market by Extremity (Upper Body Prosthetics and Lower Body Prosthetics), and Technology (Myoelectric Prosthetics and MPC Prosthetics): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Mar-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5336 | Report Format:

The report covers forecast and analysis for the robotic prosthetic market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion). The study includes drivers and restraints for the robotic prosthetic ...Read More

Long-Term Care Market by Service (Hospice, Home Healthcare, Assisted Living Facilities, Nursing care, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026

Mar-2020 | Price : $ 4199.00 | Pages: 126 | Report Code: ZMR-5335 | Report Format:

The report covers forecast and analysis for the long-term care market on a global and regional level. The study provides historic data from 2016 to 2019 along with forecast from 2020 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the long-term care market alo...Read More

Leprosy Treatment Market by Drug Class (Antibacterial, Leprostatics, Antitubercular, Others), by Route of Administration (Oral, Injectable, Topical), and Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Drug Stores, and Online Pharmacies) – Global Industry Perspective Comprehensive Analysis and Forecast, 2020-2026

Mar-2020 | Price : $ 4199.00 | Pages: 135 | Report Code: ZMR-5334 | Report Format:

The report covers forecast and analysis for the Leprosy Treatment market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion). The study includes drivers and restraints for the Leprosy Treatment ma...Read More

Request Brochure

COVID-19

A Global Pandemic

Request the coronavirus impact analysis across industries and market

Request impact analysis on this market
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.