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Umbilical Cord Blood Banking Market - Global Market Share, Trends, Analysis and Forecasts, 2023 - 2032


Report code : IS89, Status : Published, Published on: May, 2023, Pages : 161 Pages, Format : PDF/PPT/Excel

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The global umbilical cord blood banking market size was estimated to be US$ 14.7 billion in 2022 and is expected to reach US$ 23 billion by 2032 at a CAGR of 4.6%.

The report titled ‘Global Umbilical Cord Blood Banking Market - Growth, Share, Opportunities, and Competitive Analysis, 2023 - 2032’ offers strategic visions into the global umbilical cord blood banking market along with the market size (Revenue - US$ Mn). The said research study covers in-depth analysis of multiple market segments based on type of storage bank, application, end-user and study across different topographies.

The report is also inclusive of competitive profiling of the leading umbilical cord blood banking companies, and their latest developments. Umbilical cord blood banking refers to collection and storage of blood from the umbilical cord of the new born baby. The umbilical cord blood contains stem cells which can be potentially used for the treatment of various diseases that require stem cell transplants.

Some of the most common diseases that may make use of umbilical cord blood include leukemia or lymphoma, sever sickle cell diseases, aplastic anemia, and severe combines immunodeficiency among others. The key advantages of using umbilical cord blood as compared to other competing methods such as bone marrow include safe and non invasive collection procedure, abundant supply, low contamination, higher proliferation capacity, and reduced risk of GvHD among others.

The key factor driving growth of global umbilical cord blood banking market is the expanding portfolio of diseases that can be cured by the use of umbilical cord blood and rising awareness in emerging economies. Furthermore, the global umbilical cord blood banking market is growing rapidly due to growing prevalence of chronic diseases coupled with regenerative medicine. In addition, government initiatives and rising efforts from various associations to create awareness are other factors driving the growth of this market.

On the contrary, strict regulatory scenario in the global umbilical cord blood banking market is hampering the rapid expansion of this market. The regulatory body checks for the standardization of recruitment, collection, donor screening, transport, testing, processing, storage, freezing, and distribution and further checks on the thresholds of quality. Furthermore, the high cost of storage and collection is another factor that limits the market growth.

The global umbilical cord blood banking market has been segmented based on type of storage, application, end-user, and geography. Based on types of storage, the global umbilical cord blood banking market has been segmented into public cord blood banks, private cord blood banks, and coordinated public and private cord blood banks. Based on applications, the global umbilical cord blood banking market has been segmented into cancer, blood diseases, metabolic disorders, immune diseases, osteopetrosis, and others. The various end-users of the umbilical cord blood banking are hospitals, pharmaceutical companies, and research institutes.

Among the various types of storage, private blood banking accounted for larger share of the market. This segment is further expected to remain dominant in the near future expanding at a CAGR of 13.9% from 2018 to 2024. The market for umbilical cord blood banking in public banks is also expanding owing to improving coordination between public banks and collecting hospitals and hence, this segment would also achieve significant growth in the coming years till 2024.

Based on geography, the global umbilical cord blood banking market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America comprises U.S., Canada, and Mexico whereas Europe would primarily cover Germany, France, UK, Italy, and Rest of Europe. The key countries included under Asia Pacific are China, Japan, India, Australia, and Rest of Asia Pacific. In Latin America, Brazil, Argentina, and Rest of Latin America are the key segments whereas in Middle East & Africa, South Africa and Rest of MEA are the key segments covered in the report. North America accounted for the largest share in the global umbilical cord blood banking market; it is further projected to dominate the global market by 2024.

The sheer dominance of this region can be attributed to the high awareness among people for umbilical cord blood banking and rising demand for stem cell research in this region. The global umbilical cord blood banking market is fragmented with a large number of vendors offering cord blood banking services. Furthermore, with rise in the number of private cord blood banks, the market is further anticipated to become more competitive.

Some of the key players in the global umbilical cord blood banking market include Pfizer, Inc., Glaxosmithkline, Plc, Merck & Co., Inc., Sanofi Pasteur, CSL Limited, Emergent Biosolutions, Inc., Johnson & Johnson, Medimmune, LLC, Astellas Pharma Inc., Serum Institute of India, and Bio-Manguinhos among others.

Segmentation Overview:

By Storage bank: 

  • public cord blood banks
  • private cord blood banks
  • coordinated public 
  • private cord blood banks

By Application: 

  • cancer
  • blood diseases
  • metabolic disorders
  • immune diseases
  • osteopetrosis
  • others

By End-user: 

  • hospitals
  • pharmaceutical companies
  • research institutes

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

  1. Introduction
    • Research Objectives
    • Report Assumptions
    • Research Methodology
    • Abbreviations
  2. Preface
    • Market Definition
    • Report Scope and Market Segmentation
    • Research Highlights
  3. Market Synopsis: Global Umbilical Cord Blood Banking Market
  4. Global Umbilical Cord Blood Banking Market Qualitative Analysis
    • Trends
      • Market trends
      • Technology Trends
    • PESTLE Analysis (For 3 prominent countries)
    • Market Influencers
      • Driving Forces
      • Hindering Forces
      • Opportunities
    • COVID-19 impact
  5. Global Umbilical Cord Blood Banking Market Analysis and Forecast, by Service Type
    • Overview and definitions
    • Key segment analysis
    • Global Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Service Type, 2019 – 2032
      • Processing
      • Storage
  1. Global Umbilical Cord Blood Banking Market Analysis and Forecast, by Bank Type
    • Overview and definitions
    • Key segment analysis
    • Global Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Bank Type, 2019 – 2032
      • Public Bank
      • Private Bank
  1. Global Umbilical Cord Blood Banking Market Analysis and Forecast, by Application
    • Overview and definitions
    • Key segment analysis
    • Global Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Application, 2019 – 2032
      • Blood Disorders
      • Immuno-deficiency Disorders
      • Metabolic Disorders
      • Cancer
      • Bone Marrow Failure Syndrome
      • Others
  1. Global Umbilical Cord Blood Banking Market Analysis and Forecast, by End Use
    • Overview and definitions
    • Key segment analysis
    • Global Umbilical Cord Blood Banking Market Estimates (US$ Mn), by End Use, 2019 – 2032
      • Hospitals
      • Pharmaceutical Research
      • Scientific Research Institutes
  1. Global Umbilical Cord Blood Banking Market Analysis and Forecast, by Region
    • Overview and definitions
    • Key segment analysis
    • Global Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Region, 2019 – 2032
      • North America
      • Europe
      • Asia Pacific
      • Middle East & Africa
      • South America
  1. North America Umbilical Cord Blood Banking Market Analysis and Forecast
    • Overview and definitions
    • Key segment analysis
    • North America Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Service Type, 2019 – 2032
      • Processing
      • Storage
    • North America Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Bank Type, 2019 – 2032
      • Public Bank
      • Private Bank
    • North America Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Application, 2019 – 2032
      • Blood Disorders
      • Immuno-deficiency Disorders
      • Metabolic Disorders
      • Cancer
      • Bone Marrow Failure Syndrome
      • Others
    • North America Umbilical Cord Blood Banking Market Estimates (US$ Mn), by End Use, 2019 – 2032
      • Hospitals
      • Pharmaceutical Research
      • Scientific Research Institutes
    • North America Umbilical Cord Blood Banking Market Estimates (US$ Mn), Country, 2019 – 2032
      • The U.S.
      • Canada
      • Rest of North America
  1. Europe Umbilical Cord Blood Banking Market Analysis and Forecast
    • Overview and definitions
    • Key segment analysis
    • Europe Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Service Type, 2019 – 2032
      • Processing
      • Storage
    • Europe Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Bank Type, 2019 – 2032
      • Public Bank
      • Private Bank
    • Europe Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Application, 2019 – 2032
      • Blood Disorders
      • Immuno-deficiency Disorders
      • Metabolic Disorders
      • Cancer
      • Bone Marrow Failure Syndrome
      • Others
    • Europe Umbilical Cord Blood Banking Market Estimates (US$ Mn), by End Use, 2019 – 2032
      • Hospitals
      • Pharmaceutical Research
      • Scientific Research Institutes
    • Europe Umbilical Cord Blood Banking Market Estimates (US$ Mn), Country, 2019 – 2032
      • Germany
      • United Kingdom
      • Italy
      • France
      • Spain
      • Rest of Europe
  1. Asia Pacific Umbilical Cord Blood Banking Market Analysis and Forecast
    • Overview and definitions
    • Key segment analysis
    • Asia Pacific Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Service Type, 2019 – 2032
      • Processing
      • Storage
    • Asia Pacific Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Bank Type, 2019 – 2032
      • Public Bank
      • Private Bank
    • Asia Pacific Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Application, 2019 – 2032
      • Blood Disorders
      • Immuno-deficiency Disorders
      • Metabolic Disorders
      • Cancer
      • Bone Marrow Failure Syndrome
      • Others
    • Asia Pacific Umbilical Cord Blood Banking Market Estimates (US$ Mn), by End Use, 2019 – 2032
      • Hospitals
      • Pharmaceutical Research
      • Scientific Research Institutes
    • Asia Pacific Umbilical Cord Blood Banking Market Estimates (US$ Mn), Country, 2019 – 2032
      • Japan
      • India
      • China
      • Australia
      • Rest of Asia Pacific
  1. Middle East & Africa Umbilical Cord Blood Banking Market Analysis and Forecast
    • Overview and definitions
    • Key segment analysis
    • Middle East & Africa Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Service Type, 2019 – 2032
      • Processing
      • Storage
    • Middle East & Africa Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Bank Type, 2019 – 2032
      • Public Bank
      • Private Bank
    • Middle East & Africa Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Application, 2019 – 2032
      • Blood Disorders
      • Immuno-deficiency Disorders
      • Metabolic Disorders
      • Cancer
      • Bone Marrow Failure Syndrome
      • Others
    • Middle East & Africa Umbilical Cord Blood Banking Market Estimates (US$ Mn), by End Use, 2019 – 2032
      • Hospitals
      • Pharmaceutical Research
      • Scientific Research Institutes
    • Middle East & Africa Umbilical Cord Blood Banking Market Estimates (US$ Mn), Country, 2019 – 2032
      • Saudi Arabia
      • UAE
      • South Africa
      • Rest of Middle East
  1. South America Umbilical Cord Blood Banking Market Analysis and Forecast
    • Overview and definitions
    • Key segment analysis
    • South America Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Service Type, 2019 – 2032
      • Processing
      • Storage
    • South America Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Bank Type, 2019 – 2032
      • Public Bank
      • Private Bank
    • South America Umbilical Cord Blood Banking Market Estimates (US$ Mn), by Application, 2019 – 2032
      • Blood Disorders
      • Immuno-deficiency Disorders
      • Metabolic Disorders
      • Cancer
      • Bone Marrow Failure Syndrome
      • Others
    • South America Umbilical Cord Blood Banking Market Estimates (US$ Mn), by End Use, 2019 – 2032
      • Hospitals
      • Pharmaceutical Research
      • Scientific Research Institutes
    • South America Umbilical Cord Blood Banking Market Estimates (US$ Mn), Country, 2019 – 2032
      • Brazil
      • Rest of South America
  1. Competition Analysis – Umbilical Cord Blood Banking Market
    • Market Composition
    • Market Share Analysis (%), by Supplier (2022)
    • Company Profiles
      • CBR Systems, Inc.
        • Business overview
        • Geographic presence
        • Product portfolio
        • Financial facts
        • Relevant news and strategic view
      • ViaCord Inc.
      • China Cord Blood Corporation
      • Cord Blood America, Inc.
      • Cryo-Cell International, Inc.
      • Cryo-Save AG
      • Cordlife Group Ltd.
      • Vita 34 AG
      • LifeCell
      • StemCyte Inc.
      • Americord
  1. Conclusion & Recommendations
Frequently asked questions about this report

What is the umbilical cord blood banking market growth?

The umbilical cord blood banking market is expected grow at a CAGR of 4.6% from 2023 to 2032.

How large is the umbilical cord blood banking market?

The umbilical cord blood banking market size is expected to reach US$ 23 billion by 2032

What was the size of the global umbilical cord blood banking market in 2022?

The umbilical cord blood banking market was estimated to be US$ 14.7 billion in 2022.

How can I get a sample report for the Umbilical Cord Blood Banking market?

The sample report for the Umbilical Cord Blood Banking Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

What are the major driving factors and opportunities in the Umbilical Cord Blood Banking market?

The key factor driving growth of global umbilical cord blood banking market is the expanding portfolio of diseases that can be cured by the use of umbilical cord blood and rising awareness in emerging economies.

what are the prominent Umbilical Cord Blood Banking market players across the globe?

Major players operating in the global Umbilical Cord Blood Banking market include Pfizer, Inc., Glaxosmithkline, Plc, Merck & Co., Inc., Sanofi Pasteur, CSL Limited, Emergent Biosolutions, Inc., Johnson & Johnson, Medimmune, LLC, Astellas Pharma Inc., Serum Institute of India, and Bio-Manguinhos among others..