Tag Archives: Cord Blood Banking Services Market

Cord Blood Banking Services Market LATAM Industry Volume By Region 2015 – 2023

Led by several established players, such as America Cell Biobank Inc., CrioCenter, Banco de Cordon Umbilical (BCU), and Redcord S.A., the cord blood banking services market in Latin America has been demonstrating a highly competitive and fragmented business landscape, states a research study by Transparency Market Research (TMR). The market is characterized by various rules and policies that vary from country to country.

The market players are relying heavily on technical advancements for expansion in their businesses. CrioCenter, CordVida, Cellpreserve, CordCell, Redcord S.A., Cordón de Vida, Banco de Células Stem, and Células Madre C.A. are the other prominent cord blood banking service providers across Latin America, the report mentions.

The Cord Blood Banking Services Market offers huge growth opportunities for the future

Big Market Research added a report on “Global Cord Blood Banking Services (Stem Cell) Market, Size, Share, Trends, Forecast, Global Analysis, Research, Report, Segmentation, And Future Demand, 2012 – 2020”

Umbilical cord blood bank market is storage facility that collects cord blood after the childbirth from placenta. Cord blood is rich source of stem cell used in treatment of different chronic diseases. Private and public cord blood banks are the two major types of banks that are prevalent in the cord blood bank market. Cord blood market is expected to grow at 33.5% CAGR from 2012-2020. Public cord blood banks share more revenue as compared to private cord blood banks. Increase in awareness for cord blood storage by the government and private organizations is supporting the growth of UCB stem cell storage market. There are more than 200 public cord blood banks present in world funded by government and non-profit organizations.

Therapeutics Industry: Rising Government Support For Global Cord Blood Banking Services Market In LATAM From 2015 – 2023

Researchmoz added Most up-to-date research on “Therapeutics Industry: Rising Government Support For Global Cord Blood Banking Services Market In LATAM From 2015 – 2023” to its huge collection of research reports.

This report on the cord blood banking services market studies the current and future prospects of the Latin America (LATAM) market. The global stem cell therapeutics industry has experienced impressive growth over the last two decades. Stem cells are the progenitors of all hematopoietic cells that generate red and white blood cells and blood platelets. These cells can be isolated and further transferred to a patients suffering from serious blood disorders and other chronic conditions. The major sources for stem cell banking are storing of peripheral blood and bone marrow, umbilical cord blood (UCB) is by far considered as the largest component for hematopoietic stem cells. The cord blood banking services market in Latin America exhibits high potential due to the rising government support in a few countries, developing health care infrastructure, high disposable incomes, and awareness initiative carried out by several government and non-governmental organizations.

LATAM Cord Blood Banking Services Market Poised to Reach US$ 445.4 Million by 2023

This report on the cord blood banking services market studies the current and future prospects of the Latin America (LATAM) market. The global stem cell therapeutics industry has experienced impressive growth over the last two decades. Stem cells are the progenitors of all hematopoietic cells that generate red and white blood cells and blood platelets. These cells can be isolated and further transferred to a patients suffering from serious blood disorders and other chronic conditions. The major sources for stem cell banking are storing of peripheral blood and bone marrow, umbilical cord blood (UCB) is by far considered as the largest component for hematopoietic stem cells. The cord blood banking services market in Latin America exhibits high potential due to the rising government support in a few countries, developing health care infrastructure, high disposable incomes, and awareness initiative carried out by several government and non-governmental organizations.

Cord Blood Banking Services Market Research Report by Key Players Analysis

This report on the cord blood banking services market studies the current and future prospects of the Latin America (LATAM) market. The global stem cell therapeutics industry has experienced impressive growth over the last two decades. Stem cells are the progenitors of all hematopoietic cells that generate red and white blood cells and blood platelets. These cells can be isolated and further transferred to a patients suffering from serious blood disorders and other chronic conditions. The major sources for stem cell banking are storing of peripheral blood and bone marrow, umbilical cord blood (UCB) is by far considered as the largest component for hematopoietic stem cells. The cord blood banking services market in Latin America exhibits high potential due to the rising government support in a few countries, developing health care infrastructure, high disposable incomes, and awareness initiative carried out by several government and non-governmental organizations.

Cord Blood Banking Services Market Research Report Forecast to 2023

Transparency Market Research has published a new market report titled, “Cord Blood Banking Services Market – LATAM Industry Analysis, Size, Share, Growth, Trends, and Forecast 2015 – 2023.” According to the report, the LATAM cord blood banking services market was valued at US$196.9 mn in 2014 and is anticipated to expand at a CAGR of 9.4% from 2015 to 2023 to reach US$445.4 mn by 2023.

Cord Blood Banking Services Market will rise to US$ 445.4 Million by 2023

Cord blood banking refers to collection and preservation of blood derived from the umbilical cord, thus saved for future therapeutic and research applications. Umbilical cord blood is observed to be a potential source of progenitor cells, which can be used for reconstitution of tissue, organs and other functional areas. Cord blood transplantation is being recommended for a variety of diseases which include conditions such as leukemia, sarcoma, lymphoma, immune conditions and even metabolic disorders. Over the last two decades, the global stem cell therapeutics industry has experienced impressive growth. Stem cells are the progenitors of all hematopoietic cells that generate red and white blood cells and blood platelets. These cells can be isolated and further transferred to a patients suffering from serious blood disorders and other chronic conditions. Moreover, cord blood stem cells are observed to be convenient to harvest and can be stored for decades, their rejection rate is less than that of bone marrow transplant and possess low infection risk. Large and easy availability of cord blood units also widens the scope of transplant options, especially for patients with mixed ethnicity. However, cord blood banking market in LATAM is in process of evolution and expected to grow at significant rate due to favorable changes expected to carry out by revising government policies and regulations.

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