Further key findings from the study suggest :
Private bank segment accounted for the largest market share in 2014 . High cost of collection , processing , and storage along with the maximum awareness created by marketing activities practiced by the players resulted in large market share of private banks in the world .
Rising government support and no storage and collection costs are the major factors anticipated to drive the public banking segment during the forecast period from 2015 to 2022 with highest CAGR .
North America dominated the global market and was followed by Europe in 2014 . Dominance of North America is accounted by government support and high penetration rate of stem cell therapy in the U . S . and Canada . Moreover , high awareness and insurance coverage of cord blood banking and stem cell therapies is further boosting the growth of the market in North America .
Densely populated emerging countries of Asia Pacific are anticipated to show significant growth during the forecast period from 2015 to 2022 . Factors such as increasing investment by global players , government support and rising healthcare expenditure are anticipated to boost the cord blood banking Service market in Asia Pacific .
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Global cord blood banking Service market is highly fragmented with presence of many private and public players . Few global players operate in various geographies through subsidiaries . While local players are operating independently in respective geographies .
Key players of this market include China Cord Blood Corporation , Cord Blood America , Inc ., CBR Systems , Inc ., Cordlife Group Limited , Cryo-Cell International , Inc ., Cryo-Save AG , Lifeforce Cryobanks , National Cord Blood Program , ViaCord , Inc . and Virgin Health Bank
Table of Content
Chapter 1 . Methodology and Scope 1.1 . Research Methodology 1.2 . Research Scope & Assumptions 1.3 . List of Data Sources
Chapter 2 . Executive Summary
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