US Cord Blood Banking Service Market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. The increased prevalence of genetic abnormalities, favourable government laws, and rising disposable income for healthcare spending are driving the cord blood banking service industry. Some of the key players in this market are China Cord Blood Corporation, Cordlife Group Limited, CBR Systems, Inc., etc.
US Cord Blood Banking Service Market is valued at around $747.6 Mn in 2022 and is projected to reach $1836.6 Mn by 2030, exhibiting a CAGR of 11.89% during the forecast period 2023-2030.
The market for cord blood banking services refers to the storage and preservation of stem cells produced from umbilical cord blood for future application in medical therapies. The umbilical cord blood, which is rich in hematopoietic stem cells, is obtained from the umbilical cord after childbirth. Growing parental awareness of the potential benefits of cord blood stem cells, advancements in stem cell therapies, the increasing prevalence of genetic disorders, supportive government regulations, and rising disposable income for healthcare spending are driving the cord blood banking service market. The Global key players include China Cord Blood Corporation, Cordlife Group Limited, CBR Systems, Inc., Virgin Health Bank, National Cord Blood Program, Cryo-Cell International, Inc., Cryo-Save AG, Lifeforce Cryobanks, Cord Blood America, Inc., and ViaCord, Inc.
Market Growth Drivers
Market Restraints
Key Players
1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country
2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)
3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints
4. Competitive Landscape
4.1 Major Market Share
4.2 Key Company Profile (Check all Companies in the Summary Section)
4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)
5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment
6. Methodology and Scope
By Type of Service
By Collection Mode
By End User
Methodology for Database Creation
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How Do We Get It?
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1. Secondary Research
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2. Primary Research
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Combining Secondary and Primary Research
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