To know more : http://www.bharatbook.com/life-science-market-research-reports/capitalizing-on-opportunities-in-cord-blood-industry-growth.ht...
To know more : http://www.bharatbook.com/life-science-market-research-reports/capitalizing-on-opportunities-in-cord-blood-industry-growth.html OVERVIEW The cord blood banking industry is one of the fastest growing industries in the world. There were only 23 active cord blood banks as of 2005, and now there are 485 worldwide. Cord blood banks exist in nearly every developed country, as well as within several developing nations. That is a 21-fold increase (2,100%) in the companies involved in the industry, over only a seven year period. This rapid market growth represents both an opportunity to profit, as well as swarming competition. This industry report reveals strategies for dominating the global cord blood banking industry, including tactics for global expansion, patterns in regional dominance, and methods for investing in the sector. A distinctive feature of this report is a global survey of expectant parents who reveal their deepest fears, core expectations, and critical factors influencing buying decisions. The report is designed to guide the decision-making of cord blood banks worldwide, as well as to advise private, corporate, and institutional investors entering into the global cord blood banking market. It is also a road-map for modeling cord blood banks that have achieved successful and rapid growth. It differs from the "Complete 2012-13 U.S. Cord Blood Banking Industry Report" in that it is a strategic overview of how to profit from global growth in cord blood banking, rather than from the U.S. markets alone. A Fast-Growth Industry, Driven by Medical Necessity and Consumer Demand The field of cord blood banking is a fast-growth field, driven by medical necessity and consumer demand. It is a recent industry, as it was not until 1974 that it was first proposed that stem and progenitor cells were present in human cord blood and 1983 that umbilical cord blood was proposed as an alternative source of stem cells for transplant. In 1988, the first successful cord blood transplant occurred, but it was not until 1995 that the first private cord blood bank began operations. Furthermore, it was not until 2009 that a Taiwanese company, HealthBanks Biotech Company, Ltd., begane the first private cord blood bank to offer umbilical cord tissue storage. HealthBaby, a Hong Kong based company subsequently launched the service in 2009, and another Hong Kong based company, Cryolife, also added the service in 2009. As such, Asia is recognized as the geographic region that pioneered umbilical cord tissue preservation as a private service, but it has since has rapidly spread around the world. For instance, nine U.S. cord blood banks now offer cord tissue storage. While the first U.S. company to offer cord tissue storage was the Cord Blood Registry, who launched it in July of 2010, the number of U.S. cord blood banks offering cord tissue storage has since risen to nine. This represents an average of one new U.S. cord blood bank adding cord tissue storage every 3-4 months. Similar trends have been observed within Europe, to a slightly lesser extent, the Middle East. Less
