UCB Banking Market is Expected to Reach USD 19,335.6 Million in 2020: By Persistence Market Research
Global Market Study on UCB Banking - Asia-Pacific to Witness Highest Growth by 2020
New York, NY, October 30, 2014 --(PR.com)-- According to a new market report published by Persistence Market Research “Global Market Study on UCB Banking - Asia-Pacific to Witness Highest Growth by 2020” the global UCB banking market is estimated at USD 13,515.8 million in 2014 and is expected to grow at a CAGR of 6.1% from 2014 to 2020, to reach an estimated value of USD 19,335.6 million in 2020.
The UCB banking market is witnessing a significant growth due to the increasing prevalence of chronic diseases coupled with regenerative medicines. In addition, initiatives by various government associations have increased the importance of UCB by rising awareness about potential applications of cord blood are also supporting in the growth of the global UCB banking market.
However, strict license and accreditation procedures and high cord blood banking fee in private banks hampers the growth of global UCB banking market. As a result, the global UCB banking market is expected to grow a CAGR of 6.1% during 2014-2020.
North America has the largest market for UCB banking. Increasing prevalence of chronic diseases is key driver of UCB banking market in the region. In addition, various government associations have also led to the importance of cord blood donation and services for its future use in North America.
Similarly, the European UCB banking market is mainly driven by the increasing prevalence of diseases. In addition, increased awareness about therapeutic applications of cord blood and rising number of live births are also contributing in the growth of the UCB market in the region.
In Asia-Pacific, UCB banking market is growing due to rising aging population and increasing prevalence of chronic diseases. In addition, several government associations and increasing number of live births are also increasing the demand of cord blood banking services in the region.
Cord Blood Registry Systems, Inc, Cordlife Group Limited, Cord Blood America, Inc. Cryo-Cell International, Inc., China Cord Blood Corporation and Esperite NV are some of the leading players in the global UCB banking market. Other major players of UCB banking market include Smart Cells International Ltd, StemCyte, ViaCord and NeoStem Inc.
Browse the full Global Market Study on UCB Banking - Asia-Pacific to Witness Highest Growth by 2020 report athttp://www.persistencemarketresearch.com/market-research/umbilical-cord-blood-banking-market.asp
The global UCB banking market is segmented as follows:
UCB Banking Market, By Therapeutic Application of UCB
Leukemia
Bone Marrow Failure Syndromes
Metabolic/Storage Diseases
Lymphoma
Immune Deficiencies
UCB Banking Market, By Storage Option
Private UCB Bank
Public UCB Bank
UCB Banking Market, by Geography
North America
The U.S.
Canada
Rest of North America
Europe
The U.K.
France
Germany
Spain
Italy
Belgium
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Singapore
Rest of Asia-Pacific
Rest of the World (RoW)
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Addie Thomas
305 Broadway
7th Floor
New York City, NY 10007
US
US - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: www.persistencemarketresearch.com
The UCB banking market is witnessing a significant growth due to the increasing prevalence of chronic diseases coupled with regenerative medicines. In addition, initiatives by various government associations have increased the importance of UCB by rising awareness about potential applications of cord blood are also supporting in the growth of the global UCB banking market.
However, strict license and accreditation procedures and high cord blood banking fee in private banks hampers the growth of global UCB banking market. As a result, the global UCB banking market is expected to grow a CAGR of 6.1% during 2014-2020.
North America has the largest market for UCB banking. Increasing prevalence of chronic diseases is key driver of UCB banking market in the region. In addition, various government associations have also led to the importance of cord blood donation and services for its future use in North America.
Similarly, the European UCB banking market is mainly driven by the increasing prevalence of diseases. In addition, increased awareness about therapeutic applications of cord blood and rising number of live births are also contributing in the growth of the UCB market in the region.
In Asia-Pacific, UCB banking market is growing due to rising aging population and increasing prevalence of chronic diseases. In addition, several government associations and increasing number of live births are also increasing the demand of cord blood banking services in the region.
Cord Blood Registry Systems, Inc, Cordlife Group Limited, Cord Blood America, Inc. Cryo-Cell International, Inc., China Cord Blood Corporation and Esperite NV are some of the leading players in the global UCB banking market. Other major players of UCB banking market include Smart Cells International Ltd, StemCyte, ViaCord and NeoStem Inc.
Browse the full Global Market Study on UCB Banking - Asia-Pacific to Witness Highest Growth by 2020 report athttp://www.persistencemarketresearch.com/market-research/umbilical-cord-blood-banking-market.asp
The global UCB banking market is segmented as follows:
UCB Banking Market, By Therapeutic Application of UCB
Leukemia
Bone Marrow Failure Syndromes
Metabolic/Storage Diseases
Lymphoma
Immune Deficiencies
UCB Banking Market, By Storage Option
Private UCB Bank
Public UCB Bank
UCB Banking Market, by Geography
North America
The U.S.
Canada
Rest of North America
Europe
The U.K.
France
Germany
Spain
Italy
Belgium
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Singapore
Rest of Asia-Pacific
Rest of the World (RoW)
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Addie Thomas
305 Broadway
7th Floor
New York City, NY 10007
US
US - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: www.persistencemarketresearch.com
Contact
Persistence Market Research
Glen Hare
+1-646-568-7751
www.persistencemarketresearch.com/
305 Broadway, 7th Floor
New York City, NY 10007
United States
Glen Hare
+1-646-568-7751
www.persistencemarketresearch.com/
305 Broadway, 7th Floor
New York City, NY 10007
United States
Contact
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