Capitalizing on Opportunities in Cord Blood Industry Growth (2013 Version) By BioInformant Worldwide LLC
Capitalizing on Opportunities in Cord Blood Industry
Growth (2013 Version)
BioInformant Worldwide LLC
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 now exist within 98 different countries around the world. That is a 21-fold
increase (2,100%) in the companies involved in the industry, in less than a ten year period.
This rapid market growth represents both an opportunity to profit, as well as swarming
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. It is designed to guide the decision-making of cord blood banks
worldwide, as well as to advise investors entering the market. It is a road-map for modeling
cord blood banks that have achieved successful and rapid growth.
It differs from the "Complete 2013-14 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 Rapid Growth Industry
For the past ten years, the global cord blood banking market has been experiencing rapid growth,
in part, because it an early-stage market. 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
Furthermore, it was not until 2008 that a Taiwanese company, HealthBanks Biotech Company, Ltd.,
became 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. The first U.S. company to
offer cord tissue storage was the Cord Blood Registry, who launched it in July of 2010. This
represents an average of one new U.S. cord blood bank adding cord tissue storage as a service
every 3-4 months. Similar trends have been observed within Europe, and to a slightly lesser extent,
within the Middle East.
About the Publisher
BioInformant is the global leader in stem cell industry data. As a specialty
research company, we use technology to track and identify profit opportunities
in stem cell markets and provide this data to clients that require stem cell
strategies. We advise companies on how to market stem cell products for
immediate profit, competitively position products for additional profits within
1-3 months, and approach product development for dramatic long-term
profits. Our clients acquire more stem cell customers within 30 days, using the
strategies in our reports.
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