Cord Blood Banking Services Market Exhibiting A CAGR Of 11.9% For Projected Period From 2018 To 2025 : Grand View Research Inc.
San Francisco, 30 August 2019: The Report Cord Blood Banking Services Market Size & Growth Analysis Report, By Bank Types (Public, Private, Hybrid) By Region (North America, Europe, Asia Pacific, LATAM, MEA), And Segment Forecasts, 2018 – 2025 The global cord blood banking services market is expected to reach over USD 82.3 billion by 2025, growing at an estimated CAGR of around 11.9% from 2017 to 2025, according to a new study by Grand View Research, Inc. Key drivers of the market include increasing application of stem cell therapies in disease treatment, and rising prevalence of life threatening genetic disorders. Moreover, increasing spending capacity is fueling the demand for advanced healthcare facilities including disease prevention and treatment. As a result, parents are increasingly demanding CBB services to ensure safety of their child’s future. Furthermore, private players are practicing marketing activities which are creating awareness about the availability of