Please Wait.....
Report
Cord Blood Banking Services - A Global Market Overview
Market Report I 2025-03-03 I 241 Pages I Industry Experts
Cord Blood Banking Services Market Trends and Outlook
Cord blood banking services involve the collection, transportation, processing, analysis, and storage of blood from a newborn's umbilical cord and placenta, which is rich in hematopoietic stem cells. These stem cells can treat leukemia, lymphoma, sickle cell anemia, and genetic disorders. The collection process is non-invasive, painless, and occurs immediately after birth. The collected cord blood is then sent to specialized laboratories, where it undergoes testing, processing, and cryopreservation in liquid nitrogen at low temperatures to preserve stem cell viability for future medical use. Cord blood banking is available through private or public banks. Private banks store cord blood for personal or family use, offering long-term storage for potential medical needs, while public banks accept donated cord blood, which can be used for stem cell transplants or research. These services provide a valuable medical resource, supporting advancements in stem cell therapy and regenerative medicine. The global cord blood banking services market size was valued at US$32 billion in 2024 and is anticipated to reach US$48 billion by 2030, growing at a CAGR of 6.8% during the forecast period 2024-2030.
The cord blood banking services market growth is propelled by the ease and safety of collecting stem cells from cord blood, growing awareness among parents regarding its potential medical benefits, and the increasing prevalence of autoimmune diseases, cancer, hematological disorders, and genetic issues. Progress in cord blood stem cell research, new therapies, and advancements in cord blood processing methods are driving market expansion. Technological innovations, growing awareness of stem cell treatments, and the emergence of personalized medicine are increasing the demand for private cord blood banking. The increasing occurrence of genetic disorders and advancements in biotechnology provide considerable opportunities for this market growth. Additionally, the expansion of healthcare facilities, government initiatives, and partnerships between cord blood banks and research organizations are supporting market expansion.
Cord Blood Banking Services Regional Market Analysis
In 2024, North America led the global cord blood banking services market, capturing 40.5% of the share, supported by a robust healthcare infrastructure, increased awareness, and rising healthcare spending in the U.S. and Canada. The region benefits from innovative technology, regulatory support, and a high birth rate, with prominent research institutions and cord blood banks playing a significant role in market growth. In contrast, the Asia Pacific region is expected to witness the fastest growth with a CAGR of 8.7% during the forecast period 2024-2030, driven by increasing awareness of stem cell therapies, enhanced healthcare policies, and a substantial birth rate, especially in China and India. The growing demand for stem cell therapies, rising disposable incomes, and supportive governmental initiatives are propelling market growth in APAC, establishing it as the fastest-growing area in cord blood banking services.
Cord Blood Banking Market Analysis by Service
Based on services, the processing segment leads the market in 2024, accounting for 35.5% of the market share. This dominance is driven by clinical trials, increased research on cord blood, and the growing prevalence of hematological disorders. The processing procedure involves separating blood cells and plasma and the cryopreservation of stem cells and white blood cells within 48 hours post-birth, a method widely practiced in public and private banks. Conversely, the storage segment is projected to record the fastest CAGR of 7.6% from 2024 to 2030, driven by increasing parental awareness and demand for cord blood storage for future use. Storage provides an economical option for long-term preservation, making it a significant factor in the market's expansion.
Cord Blood Banking Services Market Analysis by Bank Type
Based on cord blood bank type, the private bank is the largest segment, with an estimated 54% share in 2024. Private banks preserve cord blood solely for donors and their families, providing tailored services, guaranteed availability of blood, and the possibility of future medical applications, which propels their expansion. Factors such as a growing demand for personalized medicine, increasing awareness of stem cell therapies, and concerns about future health requirements further enhance the private sector's leading position. Meanwhile, the public banks are anticipated to register the fastest growth with a CAGR of 7.3% from 2024 to 2030, driven by the ethical incentive of donating cord blood for public benefit, enabling access to stem cell transplants and research. Public banks advocate for community health, advance medical research, and widen access to life-saving treatments, supporting their growth.
Cord Blood Banking Services Market Analysis by Component
Based on components, the cord blood segment leads the market, with an estimated 73.4% share in 2024, propelled by the growing use of stem cell therapies for disorders related to hematology, immunity, and cancer. The expansion of this segment is supported by advancements in stem cell research, heightened public awareness, and a rising number of parents opting to bank cord blood for potential future health needs. On the other hand, the cord tissue segment is expected to witness the fastest growth rate at a CAGR of 7.1% during the forecast period, driven by its abundant supply of mesenchymal stem cells (MSCs), which are valued for their regenerative abilities, ease of access, immune system modulation benefits, and lower risks of rejection. Technological advancements and ongoing studies in cord tissue processing and storage further boost its market appeal, leading to a surge in demand for cord tissue banking.
Cord Blood Banking Services Market Analysis by Application
Based on application, cancer and blood disorders combinedly account for more than 65% of the market share in 2024 due to the essential function of cord blood in hematopoietic stem cell transplants for the treatment of conditions such as leukemia, lymphoma, sickle cell anemia, and thalassemia. Among these, the cancer segment is expected to experience the fastest growth with a CAGR of 7.1% during the analysis period 2024-2030. This growth is fueled by the increasing prevalence of cancer, a rise in approvals for cord blood-based therapies, advancements in research, and a broader adoption of these therapies in oncology practices. Additionally, government funding and awareness programs bolster the market by enhancing access to stem cell transplants for cancer treatment, thereby improving outcomes for patients and their families.
Cord Blood Banking Services Market Report Scope
This global report on Cord Blood Banking Services analyzes the global and regional market based on service, bank type, component, and application for the period 2021-2030 with projections from 2024 to 2030 in terms of value in US$. In addition to providing profiles of major companies operating in this space, the latest corporate and industrial developments have been covered to offer a clear panorama of how and where the market is progressing.
Key Metrics
Historical Period: 2021-2023
Base Year: 2024
Forecast Period: 2024-2030
Units: Value market in US$
Companies Mentioned: 20+
Cord Blood Banking Services Market by Geographic Region
- North America (The United States, Canada, and Mexico)
- Europe (Germany, France, the United Kingdom, Italy, Spain, and Rest of Europe)
- Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific)
- Rest of World
Cord Blood Banking Services Market by Service
- Collection & Transportation
- Processing
- Analysis
- Storage
Cord Blood Banking Services Market by Bank Type
- Private
- Public
Cord Blood Banking Services Market by Component
- Cord Blood
- Cord Tissue
Cord Blood Banking Services Market by Application
- Cancer
- Blood Disorders
- Immune Deficiencies
- Metabolic Disorders
- Other Applications (Including Osteopetrosis, Neurological Disorders, Cardiovascular Disorders, and others)
PART A: GLOBAL MARKET PERSPECTIVE
1. INTRODUCTION
o Product Outline
- Foreword
- Cord Blood Banking
- Public Cord Blood Banking
- Private Cord Blood Banking
- Steps Involved in Cord Blood Banking
- Benefits and Drawbacks of Stem Cells from Cord Blood
- Applications of Cord Blood Banking Services
- Ethical Considerations
2. KEY MARKET TRENDS
- Public Banking for Cord Blood Scores Over Private Banking
- Hybrid Model for Cord Blood Banking Becoming Popular
- Banking of Umbilical Cord Tissue Gains Traction
- Benefits of Banked Cord Blood Transplantation Improve Potential Treatment of Cancers
3. KEY MARKET PLAYERS
- Americord Registry LLC
- Banco de Cordon Umbilical (BCU)
- BIOCORD AG
- Carolinas Cord Blood Bank (CCBB)
- Cells4Life Group LLP
- CooperSurgical Inc.
- CordBank NZ
- Cordlife Group Limited
- Cryo Stemcell Karnataka Pvt Ltd
- Cryo-Cell International, Inc.
- Cryosite Limited
- Cryoviva Biotech Pvt. Ltd.
- CSG-BIO
- Famicord Group
- Future Health Biobank
- INNOVIA BioBank
- Lifebank USA
- LifeCell International Pvt. Ltd.
- New England Cord Blood Bank, Inc.
- Precision Cellular Storage QSTP-LLC
- Singapore Cord Blood Bank (SCBB)
- StemCyte, Inc.
- ViaCord (a part of Revvity)
4. KEY BUSINESS & PRODUCT TRENDS
- Vita 34 AG Changes Name to Famicord AG to Increase the Visibility of the Brand Internationally
- Cellsave Arabia Launches Adult Stem Cell Storage Services
- REGENECYTE, a Cord Blood Cell Therapy Product by Stemcyte Receives Approval for Biologics License Application by the US FDA
- Cellsave Arabia and Sidra Medicine Collaborate to Extend Stem Cell Processing and Storage Services in Qatar
- Stemcyte Announced that its HPC Cord Blood Therapy has Received RMAT Designation by the US FDA
- Coopersurgical Expands its Portfolio of Medical Devices with the Acquisition of Obp Surgical
- Stemcyte to Supply Drug Preparation Raw Materials for Allogeneic Modified Cell Therapy to a US Immune Cell Therapy Company
- More..
5. GLOBAL MARKET OVERVIEW
- Global Cord Blood Banking Services Market Overview by Service
o Global Cord Blood Banking Services Market Overview by Region
- Collection & Transportation
- Processing
- Analysis
- Storage
- Global Cord Blood Banking Services Market Overview by Bank Type
o Global Cord Blood Banking Services Market Overview by Region
- Private
- Public
- Global Cord Blood Banking Services Market Overview by Component
o Global Cord Blood Banking Services Market Overview by Region
- Cord Blood
- Cord Tissue
- Global Cord Blood Banking Services Market Overview by Application
o Global Cord Blood Banking Services Market Overview by Region
- Cancer
- Blood Disorders
- Immune Deficiencies
- Metabolic Disorders
- Other Applications
PART B: REGIONAL MARKET PERSPECTIVE
REGIONAL MARKET OVERVIEW
6. NORTH AMERICA
- North American Cord Blood Banking Services Market Overview by Geographic Region
- North American Cord Blood Banking Services Market Overview by Service
- North American Cord Blood Banking Services Market Overview by Bank Type
- North American Cord Blood Banking Services Market Overview by Component
- North American Cord Blood Banking Services Market Overview by Application
- Country-wise Analysis of North American Cord Blood Banking Service Market
o THE UNITED STATES
- United States Cord Blood Banking Services Market Overview by Service
- United States Cord Blood Banking Services Market Overview by Bank Type
- United States Cord Blood Banking Services Market Overview by Component
- United States Cord Blood Banking Services Market Overview by Application
o CANADA
- Canadian Cord Blood Banking Services Market Overview by Service
- Canadian Cord Blood Banking Services Market Overview by Bank Type
- Canadian Cord Blood Banking Services Market Overview by Component
- Canadian Cord Blood Banking Services Market Overview by Application
o MEXICO
- Mexican Cord Blood Banking Services Market Overview by Service
- Mexican Cord Blood Banking Services Market Overview by Bank Type
- Mexican Cord Blood Banking Services Market Overview by Component
- Mexican Cord Blood Banking Services Market Overview by Application
7. EUROPE
- European Cord Blood Banking Services Market Overview by Geographic Region
- European Cord Blood Banking Services Market Overview by Service
- European Cord Blood Banking Services Market Overview by Bank Type
- European Cord Blood Banking Services Market Overview by Component
- European Cord Blood Banking Services Market Overview by Application
- Country-wise Analysis of European Cord Blood Banking Services Market
o GERMANY
- German Cord Blood Banking Services Market Overview by Service
- German Cord Blood Banking Services Market Overview by Bank Type
- German Cord Blood Banking Services Market Overview by Component
- German Cord Blood Banking Services Market Overview by Application
o FRANCE
- French Cord Blood Banking Services Market Overview by Service
- French Cord Blood Banking Services Market Overview by Bank Type
- French Cord Blood Banking Services Market Overview by Component
- French Cord Blood Banking Services Market Overview by Application
o UNITED KINGDOM
- United Kingdom Cord Blood Banking Services Market Overview by Service
- United Kingdom Cord Blood Banking Services Market Overview by Bank Type
- United Kingdom Cord Blood Banking Services Market Overview by Component
- United Kingdom Cord Blood Banking Services Market Overview by Application
o ITALY
- Italian Cord Blood Banking Services Market Overview by Service
- Italian Cord Blood Banking Services Market Overview by Bank Type
- Italian Cord Blood Banking Services Market Overview by Component
- Italian Cord Blood Banking Services Market Overview by Application
o SPAIN
- Spanish Cord Blood Banking Services Market Overview by Service
- Spanish Cord Blood Banking Services Market Overview by Bank Type
- Spanish Cord Blood Banking Services Market Overview by Component
- Spanish Cord Blood Banking Services Market Overview by Application
o REST OF EUROPE
- Rest of Europe Cord Blood Banking Services Market Overview by Service
- Rest of Europe Cord Blood Banking Services Market Overview by Bank Type
- Rest of Europe Cord Blood Banking Services Market Overview by Component
- Rest of Europe Cord Blood Banking Services Market Overview by Application
8. ASIA-PACIFIC
- Asia-Pacific Cord Blood Banking Services Market Overview by Geographic Region
- Asia-Pacific Cord Blood Banking Services Market Overview by Service
- Asia-Pacific Cord Blood Banking Services Market Overview by Bank Type
- Asia-Pacific Cord Blood Banking Services Market Overview by Component
- Asia-Pacific Cord Blood Banking Services Market Overview by Application
- Country-wise Analysis of North American Nutritional Lipids Market
o JAPAN
- Japanese Cord Blood Banking Services Market Overview by Service
- Japanese Cord Blood Banking Services Market Overview by Bank Type
- Japanese Cord Blood Banking Services Market Overview by Component
- Japanese Cord Blood Banking Services Market Overview by Application
o CHINA
- Chinese Cord Blood Banking Services Market Overview by Service
- Chinese Cord Blood Banking Services Market Overview by Bank Type
- Chinese Cord Blood Banking Services Market Overview by Component
- Chinese Cord Blood Banking Services Market Overview by Application
o INDIA
- Indian Cord Blood Banking Services Market Overview by Service
- Indian Cord Blood Banking Services Market Overview by Bank Type
- Indian Cord Blood Banking Services Market Overview by Component
- Indian Cord Blood Banking Services Market Overview by Application
o SOUTH KOREA
- South Korean Cord Blood Banking Services Market Overview by Service
- South Korean Cord Blood Banking Services Market Overview by Bank Type
- South Korean Cord Blood Banking Services Market Overview by Component
- South Korean Cord Blood Banking Services Market Overview by Application
o REST OF ASIA-PACIFIC
- Rest of Asia-Pacific Cord Blood Banking Services Market Overview by Service
- Rest of Asia-Pacific Cord Blood Banking Services Market Overview by Bank Type
- Rest of Asia-Pacific Cord Blood Banking Services Market Overview by Component
- Rest of Asia-Pacific Cord Blood Banking Services Market Overview by Application
9. REST OF WORLD
- Rest of World Cord Blood Banking Services Market Overview by Service
- Rest of World Cord Blood Banking Services Market Overview by Bank Type
- Rest of World Cord Blood Banking Services Market Overview by Component
- Rest of World Cord Blood Banking Services Market Overview by Application
PART C: GUIDE TO THE INDUSTRY
- NORTH AMERICA
- EUROPE
- ASIA-PACIFIC
- REST OF WORLD
PART D: ANNEXURE
- RESEARCH METHODOLOGY
- FEEDBACK
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security