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Cord Blood Bank Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F- Product Image
Cord Blood Bank Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F- Product Image
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Cord Blood Bank Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F

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  • 183 Pages
  • March 2025
  • Region: Global
  • TechSci Research
  • ID: 5900235
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The Cord Blood Bank Services Market was valued at USD 34.81 Billion in 2024, and is expected to reach USD 49.81 Billion by 2030, rising at a CAGR of 6.13%. The Global Cord Blood Bank Services Market is witnessing significant growth due to rising awareness about the therapeutic potential of stem cells in treating various life-threatening diseases, including leukemia, lymphoma, and genetic disorders.

Increasing advancements in biobanking technology and stem cell research are driving demand for cord blood banking services, as more medical applications for stored stem cells continue to emerge. The expansion of private cord blood banks offering tailored storage solutions, coupled with improving regulatory frameworks, is enhancing accessibility and affordability for families seeking long-term preservation options. Growing investment in healthcare infrastructure and research, along with strategic collaborations between healthcare providers and biobanking firms, is further accelerating market expansion.

The market is benefiting from key trends such as the development of automated cryopreservation technologies, which ensure better viability and longevity of stored stem cells. Increasing integration of artificial intelligence (AI) and blockchain technology in biobanking operations is enhancing data security, tracking, and sample management, making the process more efficient.

Public-private partnerships are also playing a crucial role in expanding awareness and access to cord blood banking services, particularly in emerging economies. The shift towards hybrid banking models, where parents can store a portion of the cord blood privately while contributing to public banks for research or transplantation, is gaining traction. Continuous research into stem cell therapies for conditions like cerebral palsy, autism, and cardiovascular diseases is expected to unlock new opportunities for market growth.

Key Market Drivers

Rising Demand for Stem Cell Therapies:

The rising demand for stem cell therapies is a significant driver for the Global Cord Blood Bank Services Market. According to the World Health Organization, over 1.5 million patients have undergone hematopoietic stem cell transplants, primarily for hematological cancers. This surge underscores the increasing reliance on stem cell treatments for various conditions.

Advancements in medical research have expanded the applications of stem cell therapies. Currently, cord blood stem cells are utilized in treating several immune system and blood disorders, including anemia and leukemia. These developments highlight the growing therapeutic potential of cord blood-derived stem cells.

The shift towards personalized medicine has further propelled the demand for cord blood banking. By preserving a newborn's cord blood, families secure a genetic match for potential future medical needs, offering a proactive approach to health management.

Key Market Challenges

Limited Public Awareness and Education

Cord blood banking involves technical medical terminology and processes that can be challenging for the general public to grasp. Many expectant parents may find it difficult to comprehend the benefits and procedures involved, leading to hesitation or indecision. While awareness campaigns exist, they may not always provide comprehensive information about cord blood banking. This limited knowledge can deter potential clients from making informed choices regarding the service.

Misinformation and myths surrounding cord blood banking can create confusion and fear. Some individuals may believe that it's only necessary for specific medical conditions, leading to a reduced demand for these services.

Key Market Trends

Expanding Applications of Cord Blood Stem Cells:

Cord blood stem cells are increasingly recognized for their regenerative potential. Ongoing research in regenerative medicine has led to novel applications, such as tissue engineering and organ transplantation, where cord blood-derived stem cells play a pivotal role.

Cord blood stem cells are instrumental in manufacturing CAR-T (Chimeric Antigen Receptor T-cell) therapies. This revolutionary approach in cancer treatment has shown remarkable efficacy against certain hematologic malignancies, further expanding the scope of cord blood applications. Cord blood stem cells are being explored for treating neurological disorders like cerebral palsy and traumatic brain injuries. As these research avenues progress, cord blood banking gains prominence as a valuable resource for potential treatments.

Key Market Players

  • BR Systems Inc.
  • China Cord Blood Corporation
  • Americord Registry LLC
  • Cordlife Sciences India Pvt. Ltd.
  • Cryo-Cell International Inc.
  • CSG-BIO
  • Vita 34, Inc.
  • CordVida
  • ViaCord Inc.
  • Virgin Health Bank

Report Scope:

In this report, the Global Cord Blood Bank Services Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Cord Blood Bank Services Market, By Storage Services:

  • Public Cord Blood Banks
  • Private Cord Blood Banks
  • Hybrid Cord Blood Banks

Cord Blood Bank Services Market, By Component:

  • Cord Blood
  • Cord Tissue
  • Placenta
  • Others

Cord Blood Bank Services Market, By Application:

  • Cancer
  • Blood Disorders
  • Metabolic Disorders
  • Osteoporosis
  • Immunodeficiency Disorders
  • Bone Marrow Failure Syndrome

Cord Blood Bank Services Market, By End-User:

  • Hospitals & Specialty Clinics
  • Research Institutes
  • Others

Cord Blood Bank Services Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Cord Blood Bank Services Market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Applications
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Cord Blood Bank Services Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Storage Services (Public Cord Blood Banks, Private Cord Blood Banks, Hybrid Cord Blood Banks)
5.2.2. By Component (Cord Blood, Cord Tissue, Placenta, Others)
5.2.3. By Application (Cancer, Blood Disorders, Metabolic Disorders, Osteoporosis, Immunodeficiency Disorders, Bone Marrow Failure Syndrome)
5.2.4. By End-User (Hospitals & Specialty Clinics, Research Institutes, Others)
5.2.5. By Region
5.2.6. By Company (2024)
5.3. Market Map
6. North America Cord Blood Bank Services Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Storage Services
6.2.2. By Component
6.2.3. By Application
6.2.4. By End-User
6.2.5. By Country
6.3. North America: Country Analysis
6.3.1. United States Cord Blood Bank Services Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Storage Services
6.3.1.2.2. By Component
6.3.1.2.3. By Application
6.3.1.2.4. By End-User
6.3.2. Canada Cord Blood Bank Services Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Storage Services
6.3.2.2.2. By Component
6.3.2.2.3. By Application
6.3.2.2.4. By End-User
6.3.3. Mexico Cord Blood Bank Services Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Storage Services
6.3.3.2.2. By Component
6.3.3.2.3. By Application
6.3.3.2.4. By End-User
7. Europe Cord Blood Bank Services Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Storage Services
7.2.2. By Component
7.2.3. By Application
7.2.4. By End-User
7.3. Europe: Country Analysis
7.3.1. Germany Cord Blood Bank Services Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Storage Services
7.3.1.2.2. By Component
7.3.1.2.3. By Application
7.3.1.2.4. By End-User
7.3.2. United Kingdom Cord Blood Bank Services Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Storage Services
7.3.2.2.2. By Component
7.3.2.2.3. By Application
7.3.2.2.4. By End-User
7.3.3. Italy Cord Blood Bank Services Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecasty
7.3.3.2.1. By Storage Services
7.3.3.2.2. By Component
7.3.3.2.3. By Application
7.3.3.2.4. By End-User
7.3.4. France Cord Blood Bank Services Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Storage Services
7.3.4.2.2. By Component
7.3.4.2.3. By Application
7.3.4.2.4. By End-User
7.3.5. Spain Cord Blood Bank Services Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Storage Services
7.3.5.2.2. By Component
7.3.5.2.3. By Application
7.3.5.2.4. By End-User
8. Asia-Pacific Cord Blood Bank Services Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Storage Services
8.2.2. By Component
8.2.3. By Application
8.2.4. By End-User
8.3. Asia-Pacific: Country Analysis
8.3.1. China Cord Blood Bank Services Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Storage Services
8.3.1.2.2. By Component
8.3.1.2.3. By Application
8.3.1.2.4. By End-User
8.3.2. India Cord Blood Bank Services Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Storage Services
8.3.2.2.2. By Component
8.3.2.2.3. By Application
8.3.2.2.4. By End-User
8.3.3. Japan Cord Blood Bank Services Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Storage Services
8.3.3.2.2. By Component
8.3.3.2.3. By Application
8.3.3.2.4. By End-User
8.3.4. South Korea Cord Blood Bank Services Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Storage Services
8.3.4.2.2. By Component
8.3.4.2.3. By Application
8.3.4.2.4. By End-User
8.3.5. Australia Cord Blood Bank Services Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Storage Services
8.3.5.2.2. By Component
8.3.5.2.3. By Application
8.3.5.2.4. By End-User
9. South America Cord Blood Bank Services Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Storage Services
9.2.2. By Component
9.2.3. By Application
9.2.4. By End-User
9.3. South America: Country Analysis
9.3.1. Brazil Cord Blood Bank Services Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Storage Services
9.3.1.2.2. By Component
9.3.1.2.3. By Application
9.3.1.2.4. By End-User
9.3.2. Argentina Cord Blood Bank Services Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Storage Services
9.3.2.2.2. By Component
9.3.2.2.3. By Application
9.3.2.2.4. By End-User
9.3.3. Colombia Cord Blood Bank Services Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Storage Services
9.3.3.2.2. By Component
9.3.3.2.3. By Application
9.3.3.2.4. By End-User
10. Middle East and Africa Cord Blood Bank Services Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Storage Services
10.2.2. By Component
10.2.3. By Application
10.2.4. By End-User
10.3. MEA: Country Analysis
10.3.1. South Africa Cord Blood Bank Services Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Storage Services
10.3.1.2.2. By Component
10.3.1.2.3. By Application
10.3.1.2.4. By End-User
10.3.2. Saudi Arabia Cord Blood Bank Services Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Storage Services
10.3.2.2.2. By Component
10.3.2.2.3. By Application
10.3.2.2.4. By End-User
10.3.3. UAE Cord Blood Bank Services Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Storage Services
10.3.3.2.2. By Component
10.3.3.2.3. By Application
10.3.3.2.4. By End-User
11. Market Dynamics
11.1. Drivers & Challenges
12. Market Trends & Developments
12.1. Recent Developments
12.2. Product Launches
12.3. Mergers & Acquisitions
13. Global Cord Blood Bank Services Market: SWOT Analysis
14. Competitive Landscape
14.1. BR Systems Inc.
14.2. China Cord Blood Corporation
14.3. Americord Registry LLC
14.4. Cordlife Sciences India Pvt. Ltd.
14.5. Cryo-Cell International Inc.
14.6. CSG-BIO
14.7. Vita 34, Inc.
14.8. CordVida
14.9. ViaCord Inc.
14.10. Virgin Health Bank.
15. Strategic Recommendations16. About the Publisher & Disclaimer

Companies Mentioned

  • BR Systems Inc.
  • China Cord Blood Corporation
  • Americord Registry LLC
  • Cordlife Sciences India Pvt. Ltd.
  • Cryo-Cell International Inc.
  • CSG-BIO
  • Vita 34, Inc.
  • CordVida
  • ViaCord Inc.
  • Virgin Health Bank

Table Information

Report AttributeDetails
No. of Pages183
PublishedMarch 2025
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 34.81 Billion
Forecasted Market Value ( USD ) by 2030 $ 49.81 Billion
Compound Annual Growth Rate6.1%
Regions CoveredGlobal
No. of Companies Mentioned10

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