region is also projected to hold the major share in the overall market owing the availability of federal funding for the stem cell research .
The key players in the market include StemCyte , CBR Systems , ViaCord , Cryo-Cell International , LifeCell International , Celgene Corporation , Smart Cells International , Cordlife Group and Chine Cord Blood Corporation . The market has been witnessing the rise in the mergers and acquisitions for diversifying and strengthening their presence in the market and for occupying the major share through alliances with smaller players across the globe over the past five years . For instance , the AMR Pharmaceuticals acquired cord blood registry ( CBR ) in March 2015 and the acquisition of Insception Lifebank ( based in Canada ) by Cell Care from Australia in October 2016 .
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