Dublin, Dec. 31, 2020 (GLOBE NEWSWIRE) -- The "Cord Blood Banking Services - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Cord Blood Banking Services Market to Reach $81.7 Billion by 2027
Amid the COVID-19 crisis, the global market for Cord Blood Banking Services estimated at US$40.5 Billion in the year 2020, is projected to reach a revised size of US$81.7 Billion by 2027, growing at a CAGR of 10.5% over the analysis period 2020-2027.
Private Cord Blood Banks, one of the segments analyzed in the report, is projected to record a 10.9% CAGR and reach US$53 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Public Cord Blood Banks segment is readjusted to a revised 9.8% CAGR for the next 7-year period.
The U. S. Market is Estimated at $10.9 Billion, While China is Forecast to Grow at 14% CAGR
The Cord Blood Banking Services market in the U. S. is estimated at US$10.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.5 Billion by the year 2027 trailing a CAGR of 14% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.3% and 9.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.2% CAGR.
Hybrid Cord Blood Banks Segment to Record 11.2% CAGR
In the global Hybrid Cord Blood Banks segment, USA, Canada, Japan, China and Europe will drive the 10.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$608.1 Million in the year 2020 will reach a projected size of US$1.2 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$11.8 Billion by the year 2027, while Latin America will expand at a 12.7% CAGR through the analysis period.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
AMAG Pharmaceuticals, Inc.
Cordlife Group Ltd.
Cryo-Cell International, Inc.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Cord Blood Banking Services Competitor Market Share Scenario Worldwide (in %):2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Cord Blood Banking Services Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
Cord Blood Banking Services Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
Cord Blood Banking Services Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
Private Cord Blood Banks (Segment) World Market by Region/Country in US$ Million: 2020 to 2027
Private Cord Blood Banks (Segment) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
Private Cord Blood Banks (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
Public Cord Blood Banks (Segment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
Public Cord Blood Banks (Segment) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
Public Cord Blood Banks (Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
Hybrid Cord Blood Banks (Segment) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
Hybrid Cord Blood Banks (Segment) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
Hybrid Cord Blood Banks (Segment) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
Cord Blood Banking Services Market Share (in %) by Company:2019 & 2025
Cord Blood Banking Services Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
Cord Blood Banking Services Market by Segment: A Historic Review in US$ Million for 2012-2019
Cord Blood Banking Services Market Share Breakdown by Segment: 2012 VS 2020 VS 2027
Total Companies Profiled: 38
For more information about this report visit https://www.researchandmarkets.com/r/g48d8h
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