Stem cells are used to repair and self-renew damaged cells. It is also used to treat various medical conditions such as leukemia, lymphoma, neuroblastoma, and multiple myeloma. These cells are stored in stem cell banks, as they have the potential for usage in the treatment of any medical conditions. The collected stem cells are cryopreserved and stored for decades, which can be later used to treat large number of chronic diseases such as leukemia, thalassemia, and diabetes.
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
American CryoStem Corporation, Americord Registry LLC, Cordlife Group Limited, Cordlife Group Limited, Cryoholdco De LatinoAmerica, S.A.P.I. DE C.V., StemCyte Cord Blood Bank, Covis Pharma., Global Cord Blood Corporation., Smart cells.and CSG BIO.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/4614
On the basis of service type, the market is categorized into collection & transportation, processing, analysis, and storage. The storage segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to increase in number of stem cell banks.
By utilization, the market is divided into used and unused. The used segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to the increase in clinical trials for stem cell applications.
On the basis of cell type, the market is categorized into umbilical cord stem cell, cord blood, cord tissue, placenta, adult stem cell, and embryonic stem cell. The umbilical cord stem cell segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to the application to treat multiple medical conditions and can be easily collected without any risk for the mother and baby.
Depending on bank type, the market is divided into public and private. The public segment dominated the market in 2020, and this trend is expected to continue during the forecast period, owing to low cost of stem cell therapy at public banks.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/4614
The COVID-19 outbreak is anticipated to have a negative impact on the growth of the stem cell banking market. The spread of COVID-19 led to a major public health issue. Most of the stem cell collection procedures were slowed down to avoid spread of COVID-19 virus. However, clinical trials for application of stem cells for COVID-19 treatment, may contribute to the market growth post pandemic.
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