PART 1: U.S. Cord Blood Banking Industry - Market Overview & Outlook
Stem cells derived from umbilical
blood have been used in more than 30,000 transplants worldwide to treat a
wide range of blood diseases, genetic and metabolic disorders,
immunodeficiencies and various forms of cancer. Additionally, cord blood
banks now exist in nearly every developed country, as well as several
developing nations. However, there is still significant variation within
the industry.
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First, there is the divide between
private and public cord blood banking, in which private companies serve
individual families, while public banks serve the broader public.
Additionally, some cord blood banks receive only units from nearby
hospitals and birthing centers, while others allow mail-in units from a
wide geographic region. There is also variation in the services offered
by private cord blood banks, with cord tissue storage emerging as a
commercial service in 2010, when the Cord Blood Registry began offering
it, to complement its cord blood banking services. This trend of cord
tissue storage has had a significant impact on the cord blood banking
industry, with nine private U.S. companies now offering the service.
Finally, there is also significant variation in the quality, pricing,
and guarantees promised by U.S. cord blood banks.
This section of the report considers
the impact of historical events, the importance of key findings and
discoveries on market conditions, and rapidly changing aspects of the
industry. It is a roadmap of where the cord blood banking industry has
been, what has shaped it, and where it is going. With an understanding
of these relevant market conditions, the subsequent sections of this
report become “rooted” and relevant.
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PART 2: Expansion & Growth – Trailing 12-Month Analysis and Future Projections
While last section “rooted” where the
cord blood banking industry has been and what has shaped it, this
section explores where it is now and what you can anticipate for the
near-term future. It provides a detailed assessment of current market
conditions and near-term projections.
This section is dedicated to
revealing, quantifying, and extrapolating industry trends, for the
purpose of giving meaning projections for the future. It is your guide
to understanding expansion and growth within the U.S. cord blood banking
industry.
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