Global Cord Stem Cell Banking Market – Industry Trends and Forecast t Global Cord Stem Cell Banking Market – Industry Tr | Page 3
Market Segmentation
Based on product type the market is segmented into cord blood and
cord blood & cord tissues. In 2016 the market is dominated by the cord
blood segment with 63.7% market share in terms of value and is also
expected to grow at the highest CAGR of 24.7% in the forecast period
2017 to 2024.
Cord blood is the blood remaining in the vein of the umbilical cord at
the time of birth and happens to be a good source for hematopoietic
stem cells as opposed to cord tissue known for mesenchymal stem cells.
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