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Complete 2015-16 Global Cord Blood Banking Industry Report

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(Free Press Release) Dec 22 , 2014- Mumbai, India :Bharatbook.com announces a new report on Complete 2015-16 Global Cord Blood Banking Industry Report. The global cord blood banking industry has matured substantially over the past few years, creating both serious threats and novel opportunities.

Complete 2015-16 Global Cord Blood Banking Industry Report


      

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Bharat Book Bureau presents the new report, on Complete 2015-16 Global Cord Blood Banking Industry Report. The cord blood market is global in nature and understanding dynamics limited to your region is not sufficient for making strategic, informed, and profitable decisions.

The global cord blood market has matured substantially over the past few years, creating both novel opportunities and serious threats.

EXECUTIVE SUMMARY

The global cord blood banking industry has matured substantially over the past few years, creating both serious threats and novel opportunities. Serious threats to the industry include:

• New accreditation requirements that have increased the cost structure of cord blood banks

• A decline in cord blood transplants in 2013, within the U.S. and other geographical regions

• Low rates of turnover for stored cord blood units

• Expensive cord blood transplantation procedures, costing from $200-300K each

• Difficulty with educating obstetricians about cellular therapies

• Poor press coverage in many regions worldwide, including major news outlets

Other uncontrollable factors that could threaten the industry include: new legislation, changes in transplant reimbursement, continually evolving accreditation requirements, the potential for competitive approaches to be shown as more optimal, patent challenges for processing or transplant technologies, changes in public perception of private vs. public banking, shift in policy recommendations by influential medical organizations, and changes in government support.

Marketing pressures are also impacting the industry, with the term “cord blood” becoming one of the 20 most expensive search terms on Google, reaching more than $20 per click for global search traffic and close to $40 per click for U.S. search traffic.

However, there are also emerging opportunities, including:

• The potential to expand market size through increasing public awareness

• New clinical trial data supporting applications for hematopoietic stem cells (HSCs) from cord blood and mesenchymal stem cells (MSCs) from cord tissue

• Improving public perception toward stem cell therapies

• Substantial deal-making within the industry, including mergers, acquisitions, and funding rounds

• The potential for cross-organizational collaboration through formation of Cord Blood Industry Associations (occurring in within U.S. and South America)

• A trend toward diversification within the industry, with cord blood banks effectively becoming stem cell banks through the storage of cord blood, cord tissue, and in some cases, placental tissue, amniotic fluid, and more

Within this rapidly evolving ecosystem, those who choose to commit to understanding current opportunities and threats will be positioned for a substantial strategic advantage.

A Global Market Requires Global Understanding

While these factors vary somewhat by market, there is a substantial advantage to having a global understanding of the market. You need to understand successes and failures by region to be fully informed of your competitive environment. You need to have a firm understanding of emerging trends that could expand to new regions and impact your business model. In addition, research advances, clinical trial findings, and technology advances do not know international boundaries. They are shared nearly instantly from region-to-region.

The cord blood market is global in nature and understanding dynamics limited to your region is not sufficient for making strategic, informed, and profitable decisions.

Furthermore, cord blood banks now exist in every developed country, as well as within most developing nations. With approximately 500 cord blood banks operating worldwide, maturation of the global cord blood market means that each cord blood bank is now fighting harder for market share.

Currently, the U.S. cord blood banking industry is the most mature cord blood banking market in the world, having the:

• First company to offer cord blood storage (1995)

• Largest total number of industry participants (both public and private)

• Greatest number of cord blood units (CBU) stored

• Most cord blood units banked relative to population

To view a full Executive Summary and Table of Contents, please visit :
https://www.bharatbook.com/healthcare-market-research-reports-329937/complete-global-cord-blood-banking-industry.html

Related Reports  : https://www.bharatbook.com/life-sciences-market-research-report/healthcare.html

About Bharat Book Bureau :

Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry analysis, country reports , business reports, newsletters and online databases Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.

In case the reports don’t match your requirement then we can do a specialized Custom Research for you. Our multifarious capabilities, cross-sector expertise and detailed knowledge of various markets, put us in a unique position to take up Custom Research demands of yourself.

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Complete 2015-16 Global Cord Blood Banking Industry Report

Source: Press Release

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