Stem cell banking is the extraction and storage of stem cells, so that they may be used for treatment in the future. The global stem cell banking market is valued at $6.31 Billion in 2019 and is estimated to reach $10.13 Billion by 2025 at a CAGR of 8.2% during 2019-2025. Growing awareness of the therapeutic potential of stem cells and an increase in hematopoietic stem cell transplantation procedures are major factors leading the growth of the market. Stringent regulations and high operational costs of stem cell banking are major restraints obstructing the growth of the market. Emerging countries and rising global burden of major diseases are major opportunities of the stem cell banking market during the forecast period 2019-2025.
Research Study Objectives:
- Define, estimate, and forecast the Stem Cell Banking market statistics by source, service type, application and regions concerning the individual growth drivers, market trends and their contribution to the Stem Cell Banking market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Stem Cell Banking Market Analysis
- Analysis and conclusions on the future Stem Cell Banking market outlook.
Top-down and bottom-up approaches are used to validate the Stem Cell Banking Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market
revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Stem Cell Banking Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Stem Cell Banking market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Stem Cell Banking market segmentation is as follows:
BY SOURCE
- Placental Stem Cells
- Adipose Tissue-Derived Stem Cells
- Bone Marrow-Derived Stem Cells
- Human Embryo-Derived Stem Cells
- Dental Pulp-Derived Stem Cells
- Others
BY SERVICE TYPE
- Sample Preservation and Storage
- Sample Analysis
- Sample Processing
- Sample Collection and Transportation
BY APPLICATION
- Personalized Banking Applications
- Research Applications
- Clinical Applications
- Others
Geographical Analysis:
Stem Cell Banking Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging
nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to underst