Published on : Jan 11, 2017
ALBANY, NY, Jan 11, 2017: The research study throws light on the key segmentation of the global stem cell UCB market and offers a detailed analysis on the key factors affecting the growth of the overall market. In addition, the potential opportunities, key trends, challenges, and limitation in the market have been addressed in order to guide the new entrants in making appropriate and effective decisions in the next few years.
The rising awareness among consumers and the rising number of initiatives taken by Governments across the globe are some of the key factors likely to encourage the growth of the global stem cell UCB market throughout the forecast period. The rising number of advertising activities and market campaigns by the leading players is expected to contribute towards the development of the overall market. In addition, the increasing focus on research and development activities and the rising number of banks are estimated to accelerate the growth of the global stem cell UCB market in the coming few years.
On the basis of product type, the global stem cell UCB market has been classified into public vs. private UCB banks, public cord blood banks, and private cord blood banks. Some of the key applications given in the research study are public and private cord blood banks, private and government research institutes, academic institutes, therapeutics service companies, and research-based pharmaceutical companies. The market share, size, and the projected growth rate of each segment have been given in the study.
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The global stem cell UCB market has been categorized on the basis of geography into India, Japan, Southeast Asia, China, Europe, and North America. The rising awareness regarding the benefits of stem cell umbilical cord banking is expected to fuel the growth of the overall market throughout the forecast period. The leading regional segments and their predicted growth rate have been discussed at length in the research study. In addition, the major factors that are projected to encourage the growth of these segments have been highlighted to offer a clear understanding of the market.
Some of the prominent players operating in the stem cell UCB market across the globe are Teva Pharmaceuticals, Celgene, Caladrius Biosciences, Ocata Therapeutics, Opexa Therapeutics, Cytori Therapeutics, Osiris Therapeutics, Pluristem Therapeutics, United Therapeutics, Nuo Therapeutics, Mesoblast, CHA Bio & Diostech, and Athersys. With the rising number of players, the competition among the prominent players is expected to increase throughout the forecast period. The company profiles, contact information, product portfolio, financial overview, business policies, SWOT analysis, and recent developments have been discussed in the research study.
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