Global Stem Cell Banking Market 2024-2028
The stem cell banking market is forecasted to grow by USD 8226.74 mn during 2023-2028, accelerating at a CAGR of 11.65% during the forecast period. The report on the stem cell banking market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased federal investment in stem cell therapy, rising prevalence of several chronic disorders, and growing demand for personalized medicines.
Technavio's stem cell banking market is segmented as below:
By Product Type
- Adult stem cells
- Umbilical cord blood stem cells
- Embryonic stem cells
By Type
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the advent of cord blood banking as one of the prime reasons driving the stem cell banking market growth during the next few years. Also, rising focus on regenerative medicines and increasing awareness regarding research and potential clinical applications for stem cells will lead to sizable demand in the market.
The report on the stem cell banking market covers the following areas:
- Stem cell banking market sizing
- Stem cell banking market forecast
- Stem cell banking market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading stem cell banking market vendors that include AMS Biotechnology Europe Ltd., CellSave Arabia FZ LLC, Cordlife Group Ltd., CordVida, Cryo Cell International Inc., Cryo Stemcell, Cryoviva Biotech Pvt. Ltd., FUJIFILM Corp., Global Cord Blood Corp., Kids Clinic India Pvt. Ltd., LifeCell International Pvt. Ltd., MEDIPOST Co. Ltd., New England Cord Blood Bank Inc., PerkinElmer Inc., Plus Therapeutics Inc., ReeLabs Pvt. Ltd., Regenerative Medical Services Pvt. Ltd., Smart Cells International Ltd., StemCyte India Therapeutics Pvt. Ltd., and Vita 34 International AG. Also, the stem cell banking market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.