Cord Blood Banking Services Market Report 2020: Global Methodology, Research Findings, Size And Forecast To 2026

Global Cord Blood Banking Services Market was valued at USD 30.6 Billion in 2016, and is expected to grow at CAGR of 11.6% over the forecast period 2020-2026. Key factors augmenting the market are increasing incidences of cancer and genetic diseases, rising birth rate and increasing awareness about cord blood banks.

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High prevalence of critical diseases and increase in R&D for stem cell therapy to augment the potential of blood banking services for treatment of various diseases is likely to enhance the market growth during the forecast span. Increase in demand for stem cell preservation is expected to play a crucial role towards market development. Additionally, growing awareness in the population conducted by private vendors is witness all across the global market.

Segments Covered in the Report

The global cord blood banking services market can be segmented based on application, service, and region.

By Application:

Cord Blood
Placenta
Others

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By Service:

Public
Private
Hybrid

By Region:

North America
LAMEA
Europe
Asia Pacific
Middle-East
Africa

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