Westford, USA, Dec. 15, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the global stem cell banking market share will reach a value of USD 18.65 Billion by 2031, with a CAGR of 18.30% during the forecast period (2024-2031). As cryopreservation and cell bank preparation techniques are getting advanced, the stem cell banking market is expanding rapidly. Besides, the market is growing due to the increased application of stem cell treatment and the trend of monoclonal antibodies with effective biopharmaceuticals. Furthermore, with the fact that more couples are opting for children at a later stage in life, late parenting is on the rise, and it has generated interest in cord blood banking. Biological insurance makes parents realize that their babies' cord blood stem cells need to be protected. Thus, the global stem cell banking market growth is boosting.
Browse in-depth TOC on the "Stem Cell Banking Market"
Pages 188
Tables 89
Figures 72
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Stem Cell Banking Market Overview:
Adipose Tissue-Derived Stem Cells Supporting Growth with Higher Availability and Minimal Invasiveness
Based on the 2023 stem cell banking market analysis, adipose tissue-derived stem cells, or ADSCs, providing more production and greater availability, are anticipated to emerge as one of the major segments in the market. Compared to other stem cell sources, such as bone marrow or embryos, these cells are more patient friendly since they would be collected by minimal effort on minimally invasive means. The promise that ADSCs must regenerate with respect to wound healing, tissue regeneration, and clinical cosmetic applications has motivated the increased number of research and positioned them first among the current choices of stem cell therapy.
Sample Preservation and Storage Supporting Growth with Advancements in Cryopreservation and Personalized Medicine
As per the stem cell banking market forecast, the sample preservation & storage segment is expected to grow significantly. Survival of the cells over long periods of time becomes essential with increased demand for stem cell-based treatments. Developments in cryopreservation and freezing technology guarantee stem cells to stay alive and be safely kept for future use. In addition, increased knowledge of stem cell treatments coupled with the thrust for personalized medicine is aggravating the need for safe, reliable sample preservation and storage solutions.
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North America Leading Stem Cell Banking Growth with Rising Chronic Diseases and Growing Awareness
North America led the stem cell banking industry with the largest market share. The North American market, particularly the US and Canadian sectors, provides large shares of its total contribution towards the medical and biotechnology sectors. Increasing prevalence of chronic diseases, combined with advancing knowledge regarding potential positive influences of treatments by use of stem cells, fuel demand for stem cell banking products. Many families are trying to collect stem cells from the umbilical cord blood and tissues at birth because they offer a type of biological insurance. Future medical breakthroughs will be useful to their children and siblings.
Stem Cell Banking Market Insights
Drivers
Restraints
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Key Players Operating Within the Stem Cell Banking Market
Key Questions Covered in the Global Stem Cell Banking Market Report
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This report provides the following insights:
Analysis of key drivers (rising awareness of stem cell therapy, growing healthcare investments), restraints (high storage costs, lack of standardized protocols) opportunities (personalized medicine trends), and challenges (ethical & legal concerns) influencing the growth of the stem cell banking market
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Original post:
Stem Cell Banking Market to Surpass Value of USD 18.65 - GlobeNewswire
- Stem Cell Banking Market Types and Applications, Drivers, - openPR - December 13th, 2024
- Human Pluripotent Stem Cell Banking - December 5th, 2024
- Cord Blood Banking 101: What Expectant Parents Need to Know - DNA India - December 5th, 2024
- Stem Cell Banking Market by Type, Service, Source, Application - Global ... - November 29th, 2024
- ViaCord Cord Blood Banking - November 25th, 2024
- What Is Stem Cell Banking? - Celltex Therapeutics Corporation - November 22nd, 2024
- Stem Cell/Cord Blood Banking Market Size, Trend Analysis, Share, Competitive Analysis, And Forecast To 2033 - openPR - November 20th, 2024
- Medeze Group Reaffirms Its International Standards Degree of Stem Cell Banking Services - KAOHOON INTERNATIONAL - November 8th, 2024
- Adult Stem Cells Storage & Banking | Preserve Stem Cells Forever Labs - October 27th, 2024
- International Stem Cell Banking Initiative - October 27th, 2024
- SBS University hosts National Workshop on Stem Cell Banking - Garhwal Post - October 20th, 2024
- Stem Cell Banking Market Advancements and Opportunities in Cell Preservation and Research - openPR - October 18th, 2024
- The global leader in personal stem cell banking - October 15th, 2024
- Stem Cell Banking Outsourcing Industry to Witness Massive Growth (2024-2034) |CCBC, CBR, ViaCord, Esperite, Vcanbio, Boy Talented India - Talented... - October 15th, 2024
- Medeze, a stem cell banking service provider, will start trading on the Stock Exchange of Thailand on October 15 - Thailand Business News - October 15th, 2024
- Stem Cell Banking: Current Trends, Benefits, Emerging Issues and ... - October 14th, 2024
- Fundamental Principles of Stem Cell Banking - PubMed - October 11th, 2024
- Cell Bank Production - ATCC - October 10th, 2024
- Stem Cell Banking Market Size Projected to Reach USD 16.55 Billion, Globally, by 2030 at 15.6% CAGR - EIN News - October 10th, 2024
- The Growing Importance of Stem Cell Banking in the UAE - October 4th, 2024
- American Cell Technology | Stem Cell Banking in the United States - September 30th, 2024
- Cell Banking - About Stem Cells - September 30th, 2024
- What to Know about Stem Cell Banking & Storage for Future Health - September 30th, 2024
- What is Stem Cell Banking? - azolifesciences.com - September 30th, 2024
- Stem Cell Banking Market Growth and Innovation 2024: Business - openPR - July 10th, 2024
- Stem Cell Banking Market Size To Surpass USD 19.29 Billion By 2030, Exhibiting A CAGR Of 13.69% As Revealed... - WhaTech - March 18th, 2024
- Stem Cell Banking Market Size, Share, Competitive Landscape and Trend Analysis and Industry Forecast, - EIN News - January 18th, 2024
- Stem Cell Banking Market Predicted to Witness Steady Growth ... - Digital Journal - September 8th, 2023
- Stem Cell Banking Market Expected To Reach $16.55 Billion by 2030 | CAGR 15.6% - EIN News - September 7th, 2023
- Stem Cell Banking Market Trends: Industry Analysis and Growth Projections Through 2030 - Benzinga - September 3rd, 2023
- Stem Cell Banking Market Report: Analysis of Effective Business ... - Digital Journal - August 30th, 2023
- Stem Cell Banking Market Expected To Reach $16.55 Billion by 2030 | CAGR of 15.6% - openPR - July 19th, 2023
- Stem Cell Banking Market expected to reach USD 16,474.30 million by 2029 - openPR - July 8th, 2023
- Global Stem Cell Banking Market is expected to reach a market size of ~US$ 15 billion by 2028: Ken Research - openPR - June 8th, 2023
- Stem Cell Banking Market: CAGR of 8.2% and Market Valuation ... - KaleidoScot - June 8th, 2023
- Cord Stem Cell Banking Market Size to Surpass USD 45.64 Billion with CAGR of 22% by 2030 - openPR - June 4th, 2023
- Forecasting the Future of the Stem Cell Banking Market : Trends and Insights | CCBC, Crioestaminal, Esperite, - openPR - April 29th, 2023
- Stem Cell Banking Market Expected To Reach $16.55 Billion by 2030 | Current Trends and Industry Analysis - EIN News - April 27th, 2023
- Stem Cell Banking Offers Health And Investment Opportunity - ValueWalk - April 21st, 2023
- Stem Cell Banking Offers Health and Investment Opportunity ... - SavingAdvice.com - April 19th, 2023
- Cord Stem Cell Banking Market to Influence the Value of USD 45.64 Billion by 2030 - openPR - April 12th, 2023
- Stem Cell Banking Market Size Expected to Reach USD 16,474.30 Million by 2029 with 16.1% CAGR - openPR - March 29th, 2023
- What is Stem Cell Banking? | Cells4Life - March 19th, 2023
- What is Stem Cell Banking? | Cells4Life - March 19th, 2023
- Stem Cell Banking Market Top-Players And Qualitative Future ... - Digital Journal - February 13th, 2023
- Global Stem Cell Banking Market Overview, Regional Analysis, Market Share and Competitive Analysis - openPR - February 4th, 2023
- What is Stem Cell Banking? | Stem Cell Preservation in India | Stem ... - January 7th, 2023
- Stem Cell & Cord Blood Banking Dubai, UAE - CellSave Arabia - January 5th, 2023
- Donate Stem Cells | Bone Marrow Donation - American Cancer Society - January 5th, 2023
- Private stem cell banking & genetic screening | Future Health Biobank - December 24th, 2022
- Stem Cell Banking Outsourcing Market is anticipated to expand at a ... - Digital Journal - December 20th, 2022
- Stem Cell Banking market size is estimated to be worth USD 1789 million in 2021 and is forecast to a readjuste - openPR - December 15th, 2022
- Stem Cell Banking Market To Reach USD 2927.2 Million By 2028 With A CAGR of 7.2% | Valuates Reports - Yahoo Finance - December 11th, 2022
- Stem Cell Banking Market registering a CAGR of 16.1% by forecast 2029 - openPR - December 1st, 2022
- Stem Cell Banking Industry 2022 - 2028 Market Analysis by Regions, Types and Application - openPR - November 6th, 2022
- Stem Cell Banking & Therapy In India | ReeLabs - October 25th, 2022
- Worldwide Stem Cell Banking Industry to 2027 - Rising Number of Fatal ... - October 25th, 2022
- Global Stem Cell Umbilical Cord Blood (UCB) Market Report 2022-2026: Increased Federal Investment in Stem Cell Therapy, and the Advent of Cord Blood... - October 25th, 2022
- Placental Stem Cell Therapy Market - Know the Latest Profit Sources of the Industry - openPR - October 18th, 2022
- Outlook on the Cord Blood Banking Services Global Market to 2027 - by Component, Storage Services, Application and Region - GlobeNewswire - October 13th, 2022
- Cell & Tissue Preservation Market Size will Observe Lucrative Surge by the End 2031 - openPR - October 12th, 2022
- News from the world of Education: October 12, 2022 - The Hindu - October 12th, 2022
- Stemcord | Home - October 9th, 2022
- Global Cord Blood Banking Market - Competition Forecast and Opportunities, 2027 - Yahoo Finance - October 9th, 2022
- Cell Banking Outsourcing Market Analysis By Trends, Size, Share, Company Overview, Growth And Forecast By 2031 The Colby Echo News - The Colby Echo... - October 4th, 2022
- Global Cord Blood Corporation Announces Appointment of Joint Provisional Liquidators by The Grand Court Of The Cayman Islands - Business Wire - September 29th, 2022
- Biobanking Market Size to Surge at the CAGR of 5.9% from 2022-2031 - Digital Journal - September 19th, 2022
- Stem Cell Banking Solutions | Hope Biosciences - September 19th, 2022
- Stem Cell Therapy Market worth $558 million by 2027 Exclusive Report by MarketsandMarkets - Benzinga - September 17th, 2022
- Stem Cell Banking Market to Witness Massive Growth by 2029 | CCBC, CBR - Fighting Hawks Magazine - Fighting Hawks Magazine - September 15th, 2022
- Stem Cell Banking Market Analysis, 2031: Advancements in the field of Regenerative Medicine - BioSpace - September 15th, 2022
- Stem Cell Therapy Market worth $558 million by 2027 Exclusive Report by MarketsandMarkets - GlobeNewswire - September 15th, 2022
- Cord Blood Banking Services Market Size Estimated to Reach $3.6 Billion By 2027 at a CAGR of 11.8% During Forecast Period 2022-2027. - Digital Journal - August 30th, 2022
- Applied StemCell expands manufacturing facility to support cell and gene therapies - BioPharma-Reporter.com - August 30th, 2022
- What is Cord Blood Banking? - Benzinga - August 30th, 2022
- Vita 34 records moderate upward trend in the second quarter - PharmiWeb.com - August 30th, 2022
- dental stem cell banking - National Dental Pulp Laboratory - August 29th, 2022
- Global Cell Banking Outsourcing Market to Grow at a CAGR of ~18% during 2022-2031; Market to Expand Owing to the Development of Advanced Cell... - August 24th, 2022
- Substantial somatic genomic variation and selection for BCOR mutations in human induced pluripotent stem cells - Nature.com - August 12th, 2022
- Stem cell therapy to be used in treatment of long COVID by Panacell Biotech - Labiotech.eu - August 10th, 2022
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