The global stem cell umbilical cord blood (UCB) market is anticipated to expand at substantial CAGR during the forecast period, between 2021 and 2028. After pregnancy or childbirth, cord blood is one of the richest sources of stem cells; however, this blood has enormous potential to treat chronic diseases such as cancer, diabetes, blood diseases, and immunological diseases. Stem cells derived from cord blood are utilized to treat a variety of rare diseases, including metabolic and immunological disorders.
The report on stem cell umbilical cord blood (UCB) market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes |
Details |
Report Title |
Stem Cell Umbilical Cord Blood (UCB) Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Applications (Regenerative Medicine and Transplant Medicine), Storage Service (Private Cord Blood Banks, Public Cord Blood Banks, and Hybrid Cord Blood Banks), Therapeutics (Diabetes, Metabolic Disorders, Cancer, Immune Disorders, Blood Diseases, and Other) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
CORDLIFE GROUP LIMITED, CBR Systems, Inc., MEDIPOST, Cryo-Cell International, Inc., Americord Registry LLC, Global Cord Blood Corporation, LifeCell International Pvt. Ltd., ViaCord, Vita 34, Mesoblast Ltd, Caladrius Biosciences, Inc. and Pluristem Inc. |
In terms of storage service, the stem cell umbilical cord blood (UCB) market can be segmented into public cord blood banks, private cord blood banks, and hybrid cord blood banks. The private cord blood banks segment held a considerable share of the market in 2020 owing to increase in use of stem cells to treat diseases and to find accurate match for transfer.
Based on applications, the stem cell umbilical cord blood (UCB) market can be bifurcated into regenerative medicine and transplant medicine. The regenerative medicine segment constituted a significant market share in 2020 and is projected to expand at a rapid rate during the forecast period.
On the basis of therapeutics, the market can be segregated into diabetes, metabolic disorders, cancer, immune disorders, blood diseases, and others. The diabetes segment is expected to hold a significant share of the market during the forecast period due to growing research activities in pharmaceutical and biotechnological companies and increasing patients who are suffering from diabetes which ultimately drives the market.
In terms of regions, the global stem cell umbilical cord blood (UCB) market can be split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America constituted a significant share of the market in 2020 due to mergers and acquisitions conducted by key market players. Moreover, increase in R&D spending by pharmaceutical and biotechnology companies and growing healthcare infrastructure in the US are driving the market in North America. The market in Asia Pacific is projected to expand at a significant CAGR during the forecast period due to growing R&D expenditure and government initiatives in the field of stem cell umbilical cord blood market.
Storage Service
Applications
Therapeutics
By Regions
Key Players
Key players in the stem cell umbilical cord blood (UCB) market include CORDLIFE GROUP LIMITED, CBR Systems, Inc., MEDIPOST, Cryo-Cell International, Inc., Americord Registry LLC, Global Cord Blood Corporation, LifeCell International Pvt. Ltd., ViaCord, Vita 34, Mesoblast Ltd, Caladrius Biosciences, Inc. and Pluristem Inc. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
Storage Service
Applications
Therapeutics
By Regions
Key Players
Key players in the stem cell umbilical cord blood (UCB) market include CORDLIFE GROUP LIMITED, CBR Systems, Inc., MEDIPOST, Cryo-Cell International, Inc., Americord Registry LLC, Global Cord Blood Corporation, LifeCell International Pvt. Ltd., ViaCord, Vita 34, Mesoblast Ltd, Caladrius Biosciences, Inc. and Pluristem Inc. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
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