Cord Blood Banking Services Market Overview
According to Market Research Future (MRFR), the global market for cord blood banking services is projected to expand at 11.4% CAGR from 2017 to 2023 (forecast period).
Umbilical cord blood is an abundant source of stem cells capable of treating more than 80 genetic diseases. Stem cells can also combat long-lasting illnesses such as diabetes, cancer, immune diseases, and blood disorders. Although a small amount of cord blood can be obtained from a single umbilical cord, it contains a large number of stem cells that can be developed and stored for future use. After delivery, these cells are collected from hospitals and nursing homes and deposited in cord blood banks (average 20–25 years) for potential use. Now, companies are seeking to raise awareness of the benefits of cord blood storage. For example, in 2014, the Center for Transfusion Medicine and the Cord Blood Registry combined their resources to initiate a multi-year campaign to raise awareness of cord blood cells.
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Cord Blood Banking Services Market Dynamics
Factors such as increasing the use of cord blood in the treatment of chronic diseases, raising the focus of federal agencies on setting up public banking units, raising awareness of this treatment line, and increasing number of facilities across the region are accelerating market growth.
However, strict regulatory standards, ethical concerns, and the dilemma of choosing private or public banks are vital factors that impede the growth of the market. In addition, the high cost of storage, collection, and risk of unusability of a private bank-stored unit further reduces the growth of the global market for cord blood banking services.
Cord Blood Banking Services Market Segmentation
The global market for cord blood banking services has been segmented based on storage service, component, application, and end-user.
Based on storage service, the global market for cord blood banking services has been segmented into hybrid cord blood banks, private cord blood banks, and public cord blood banks.
Based on components, the global market for cord blood banking services has been segmented into cord blood, cord tissue, placenta, and others.
Based on the application, the global market for cord blood banking services has been segmented into cancers, immune disorders, blood disorders, metabolic disorders, and osteoporosis.
Based on end-user, the global market for cord blood banking services has been segmented into hospitals (medical applications), research institutes (scientific research), pharmaceutical research (drug discovery), and others.
Cord Blood Banking Services Market Regional Analysis
The global cord blood banking services market consists of four regions: the Americas, Europe, Asia Pacific, and the Middle East and Africa.
The Americas region held the largest market share of the global market for cord blood banking services due to the increasing number of service providers, increasing awareness of the long-term benefits of cord blood storage, increasing investment in public banking, and reduction in storage costs. In addition, the U.S. is contributing to a significant market share for the global cord blood banking industry. Factors include a rise in per capita income, an increase in the number of storage service providers, and a high acceptance rate for new technology attributed to the largest market share.
The European cord blood banking market is the second-largest market, followed by the Asia Pacific region.
The Asia Pacific region is projected to dominate the global market for cord blood banking services in terms of growth in the forecast period. Although the region currently has a small share of the global market, it is projected to have enormous growth potential as a result of increasing awareness of stem cell banking and significant improvements in health care reforms in countries such as Malaysia, India, Indonesia, and China. Moreover, Asia Pacific is a mostly unexplored regional market compared to developed regions, which is why it provides better opportunities for business growth.
The Middle East region is anticipated to expand at a steady pace due to growing R&D activities in the healthcare sector and the overall growth of healthcare infrastructure.
Cord Blood Banking Services Market Key Players
Some of the leading participants in the global cord blood banking services market are Cordlife Group Limited (Singapore), China Cord Blood Corporation (China), Cord Blood America, Inc. (U.S.), Cryo-Cell International, Inc. (U.S.), CBR Systems, Inc. (U.S.), Cryo-Save AG (Netherland), Lifeforce Cryobank Sciences Inc. (U.S.), California Cryobank Stem Cell Services LLC (U.S.), Virgin Health Bank (Qatar), StemCyte, Inc. (India), ViaCord, Inc. (U.S.), Norton Healthcare, Inc. (U.S.), CordVida (Brazil), CryoHoldco de Latinoamerica, S.A.P.I. De C.V. (Mexico), The University of Colorado Cord Blood Bank (U.S.), Vita 34 International (Germany), Maze Cord Blood Laboratories (U.S.), Lifebank USA (U.S.), Cryoviva Biotech Pvt. Ltd (India), CariCord (U.S.), Genecord (U.S.), AlphaCord (U.S.), Cells4Life (UK), Carter BloodCare (U.S.), Michigan Blood (U.S.), Viacord Processing Laboratory (VPL) (U.S.), LifeCell International Pvt. Ltd (India), FamilyCord (U.S.), Stem Cell Cryobank Inc. (U.S.), New Jersey Cord Blood Bank (U.S.), Americord Registry (U.S.), CorCell (U.S.), and others.
TABLE OF CONTENT
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
…TOC Continued…
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Cord Blood Banking Services Market Research Report - Global Forecast till 2023, Published by Market Research Future.
MRFR Provides Cord Blood Banking Services Industry Updates, Size, Share, Growth, Competitive Landscape, Regional OutlookCord Blood Banking Services Market OverviewAccording to Market Research Future (MRFR), the global market for cord blood banking services is projected to expand at 11.4% CAGR from 2017 to 2023 (forecast period).Umbilical cord blood is an abundant source of stem cells capable of treating more than 80 genetic diseases.
Although a small amount of cord blood can be obtained from a single umbilical cord, it contains a large number of stem cells that can be developed and stored for future use.
After delivery, these cells are collected from hospitals and nursing homes and deposited in cord blood banks (average 20–25 years) for potential use.
Read more news on: https://www.medgadget.com/2020/06/cord-blood-banking-services-market-size-2020-covid-19-impact-analysis-global-industry-research-report-growth-technology-development-trends-swot-analysis-top-company-profile-key-regions-foreca.htmlCord Blood Banking Services Market DynamicsFactors such as increasing the use of cord blood in the treatment of chronic diseases, raising the focus of federal agencies on setting up public banking units, raising awareness of this treatment line, and increasing number of facilities across the region are accelerating market growth.However, strict regulatory standards, ethical concerns, and the dilemma of choosing private or public banks are vital factors that impede the growth of the market.
In addition, the high cost of storage, collection, and risk of unusability of a private bank-stored unit further reduces the growth of the global market for cord blood banking services.
The global Cord Blood Banking Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the cord blood banking market include Cordlife, Singapore Cord Blood Bank, ViaCord LLC, CBR Systems, FamiCord, Cryo-Save, Americord, LifeCell, Global Cord Blood Corporation, Jeevan Stem Cell Foundation.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Cord Blood Banking Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/cord-blood-banking-market/download-sampleMarket DynamicsCord blood banking is gaining robust popularity with the emergence of regenerative medicine.
Cord blood is currently approved by the FDA to treat nearly 80 diseases and is under process to support more.
Researchers are exploring cure mechanisms, which may be instrumental in treating other conditions that have been untreatable up to this point.
The new Placental Stem Cell Therapy Market report offers a comprehensive study of the current scenario of the market including major market dynamics.
Also, it highlights the in-depth marketing research with the newest trends, drivers, and segments with reference to regional and country.
Further, this report profiles top key players and analyze their market share, strategic development, and other development across the world.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Placental Stem Cell Therapy Market include Lifebank Stem Cell Banking, Americord Registry, Pluristem Therapeutics, Inc., ReNeuron Group plc, Celularity, Inc., ReeLabs Pvt.
Ltd., Mesoblast Limited, Athersys, Inc..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Placental Stem Cell Therapy Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/placental-stem-cell-therapy-market/download-sampleMarket SegmentationThe broad Placental Stem Cell Therapy Market has been sub-grouped into the Application, End-User and Region.
The global clinical alarm management market is expected to register a CAGR of 30.4% during the forecast period of 2018 to 2023Clinical alarm is an essential facility that are followed and undertaken in various healthcare centers.
These devices help to create a connection between the patient and healthcare staff.There is a high demand of clinical alarm management in hospitals, clinics, intensive care units (ICU), and other healthcare facilities.
The key factors contributing for the market growth are growing awareness about the patient safety, rising demand for best practices in hospitals and healthcare centers, and rising government regulation regarding patient safety boosts the market growth.Get Sample Copy @ https://www.marketresearchfuture.com/sample_request/7510Clinical Alarm Management Market Key PlayersThis are some of the major players for global clinical alarm management market.Koninklijke Philips N.V.Medtronic, BaxterVocera CommunicationsMindray Medical InternationalGE HealthcareAscom HoldingsSpok(Subsidiary of Spok Holdings, Inc.)MasimoConnexallDragerBernoulli EnterpriseCapsule Technologie (Subsidiary of Qualcomm Life, Inc.)Mobile Heartbeat (Subsidiary of Hospital Corporation of America)Clinical Alarm Management Market SegmentationThe global clinical alarm management market is segmented on the basis of product, component and end user.On the basis of the product, the global clinical alarm management market is categorized into nurse call systems, physiological monitors, EMR integration systems, bed alarms, ventilators, mobility solutions, central monitoring systems and clinical decision support tools.On the basis of the component, the global clinical alarm management market is segmented into solutions and services.
On the basis of the end user, the market is segmented into hospitals, long-term care centers and ambulatory care centers & home care settings.On the bases of region, the market is segmented into Americas, Europe, Asia-Pacific, and the Middle East and Africa.
The Americas is expected to hold the largest market share and the Middle East and Africa with the low market share during the forecasted period.Clinical Alarm Management Market Regional AnalysisEurope is second in the global clinical alarm management market owing to increasing government support for healthcare sector and the awareness programs about the clinical alarms conducted by different foundation contributors in promoting the market across the globe.Asia Pacific region is the fastest growing market owing to the increasing patient population, rising demand for various healthcare facilities for better treatment and increasing healthcare expenditure drives the market with the region.
The Middle East & Africa has the least share in the global clinical alarm management market owing to the presence of poor economies and low per capita income, especially in the African region.The Americas dominate the global clinical alarm management market.
The global surgical tables market size is expected to reach USD 1,204.2 million by 2026, exhibiting a CAGR of 3.8% during the forecast period.
An operating room offers technologically advanced equipment to surgeons for performing surgical procedures with efficiency.
Furthermore, the rising focus of market players towards the introduction of advanced surgical tables will promote the healthy growth of the market.
For instance, Hill-Rom Holdings, Inc., manufacturer of hospital beds, furniture, other health care equipment, announced the acquisition of Trumpf Medical in 2014, which propelled the company to one of the leading players in the surgical tables market.
In addition, the sale of these surgical products will strengthen the company’s product portfolio, which, in turn, will create growth opportunities for the market.For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/operating-table-market-101246Some of the Prominent Companies in the Surgical Tables Market Include:Trumpf Medical (HillRom Services, Inc.)Merivaara Corp.Getinge ABSteris plc.Staan Bio-Med Engineering Private LimitedAGA SANITÄTSARTIKEL GMBHMizuho OSIAlvoSCHAERER MEDICALRequest a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/operating-table-market-101246According to the report, published by Fortune Business Insights in a report, titled “Surgical Tables Market Size, Share & Industry Analysis, By Product Type (General Surgery Tables, Orthopedic Tables, and Imaging Tables), By Type (Powered, Non-powered), By End User (Hospitals & ASC’s, and Specialty Clinics & Trauma Centers) and Regional Forecast, 2019-2026” the market stood at USD 896.8 million in 2018.
Combined with the market analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust surgical tables market growth, and all articulated with geographical and merchandise segments.
