Lake Shore Gazette

Leading News Website

The Umbilical Cord Blood Banking Market To Witness An Inclination Towards Chronic Care Management

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.

Planning Forward? Access Sample Of Umbilical Cord Blood Banking Market Report! https://www.persistencemarketresearch.com/samples/3043

Some of the major players operating in the UCB banking market:

  • Cord Blood Registry Systems, Inc.
  • Cordlife Group Limited.
  • Cord Blood America, Inc.
  • NeoStem Inc.
  • Cryo-Cell International, Inc.
  • ViaCord.
  • Esperite NV.
  • Smart Cells International Ltd.
  • China Cord Blood Corporation.

How About Revitalizing The Strategy-Oriented Funnel To Stay Ahead In The Umbilical Cord Blood Banking Market? https://www.persistencemarketresearch.com/methodology/3043

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.

Planning To Introduce An Offbeat Product/Technology In The Umbilical Cord Blood Banking Market? Go To “Purchase Now” To Have Our Umbilical Cord Blood Banking Market Report! https://www.persistencemarketresearch.com/checkout/3043

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.

About Us :-

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

Contact us:

Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

Leave a Reply

Your email address will not be published. Required fields are marked *