Stem Cell Banking Marketis expected to reachUSD 5830.41 Million by 2026 fromUSD 1593.9 Million in 2017 during the forecast period. A stem cell bank is a facility, which stores stem cells for future use. Stem cell banking is the process of conserving stem cells at temperatures below the freezing point. These cells used for the treatment of Parkinsons syndrome, cancer, diabetes, heart diseases, and others.

Stem cell banking market is segmented by Type, Banking service, Application, and Geography. Based on service type the sample preservation & storage segment is expected to hold maximum market share during the forecast period due to the increasing adoption of stem cell banking services in key countries, growing numbers of stem cell banks across developing countries, increasing public consciousness about the therapeutic applications of stem cells.

On the basis of application, the personalized banking applications segment is fastest-growing segment owing to increasing adoption of precision medicine across established countries, the growing prevalence of blood & immune system-related disorders amongstnew-borns& children, &growing public worries regarding the clinical abuse of stored stem cell samples.

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North America is expected to hold largest market share during the forecast period. The increasing network of stem cell banking services, ongoing support of stem cell lines for various disease treatment, new technological developments in the field of stem cell collection & preservation techniques, increasing public-private investments for stem cell researches, rising number of stem cell transplantation procedures are pouring the growth of the Stem Cell Banking Market in North America.

Cordlife introduced NICE, a clinically approved non-invasive prenatal test in Indonesia and the Philippines.LifeCodexx AG, a Provider of non-invasive prenatal DNA testing in Europe, declared its partnership with LifeCell International Pvt. Ltd., an Indian mother & baby preventive health care Type, to bring PrenaTesT, qNIPT testing for the first time to India. The qNIPT technology, which detects the presence of foetal trisomy 21 (Down Syndrome) from maternal blood, received CE marking (European Conformity) in December 2016.

Cordlife Group Limited and China Cord Blood Corporation announced that the two companies collaborated in order to support patients across the China, Singapore, Hong Kong, Indonesia, India, the Philippines, and Malaysia to identify suitable cord blood matching units for stem cell therapy.

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Scope of the report Stem Cell Banking Market:

Stem Cell Banking Market by Type:

Umbilical Cord Stem Cell Adult Stem CellEmbryonic Stem Cell Stem Cell Banking Market by Service Type

Storage Analysis Processing Collection & Transportation Stem Cell Banking Market by Application

Cerebral Palsy Thalassemia Cancer Diseases Diabetes Autism Stem Cell Banking Market by region

North America Europe APAC Latin America MEAKey Players Stem Cell Banking Market:

1. CCBC2. CBR Systems, Inc.3. ViaCord4. Esperite5. Vcanbio6. Boyalife7. LifeCell8. Crioestaminal9. RMS Regrow10. Cryo-cell11. Cordlife Group12. PBKM FamiCord13. Cells4life14. Beikebiotech15. StemCyte

MAJOR TOC OF THE REPORT

Chapter One: Stem Cell Banking Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Stem Cell Banking Market Competition, by Players

Chapter Four: Global Stem Cell Banking Market Size by Regions

Chapter Five: North America Stem Cell Banking Revenue by Countries

Chapter Six: Europe Stem Cell Banking Revenue by Countries

Chapter Seven: Asia-Pacific Stem Cell Banking Revenue by Countries

Chapter Eight: South America Stem Cell Banking Revenue by Countries

Chapter Nine: Middle East and Africa Revenue Stem Cell Banking by Countries

Chapter Ten: Global Stem Cell Banking Market Segment by Type

Chapter Eleven: Global Stem Cell Banking Market Segment by Application

Chapter Twelve: Global Stem Cell Banking Market Size Forecast (2019-2026)

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Stem Cell Banking Market 2019: Growth, Trends, Demand, Share, Analysis and Forecast to 2026 - Markets Gazette 24