• Global cord blood stem cell storage service market was valued at USD 1.2 billion in 2024 and is projected to reach USD 2.1 billion by 2032, exhibiting a CAGR of 7.3% during the forecast period. The U.S. market accounted for approximately 38% of global revenue in 2024, while China's market is expected to grow at a faster pace with 9.1% CAGR through 2032.
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• Cord blood stem cell storage involves preserving hematopoietic stem cells from umbilical cord blood for potential future therapeutic use. These specialized facilities, known as cord blood banks, operate through either public donation systems or private family storage programs. The processing involves separating and cryopreserving nucleated cells after removing red blood cells and plasma, maintaining viability for decades in liquid nitrogen storage.
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•China Cord Blood Corporation (China)
•Cryo-Cell International (U.S.)
•ViaCord (PerkinElmer) (U.S.)
•StemCell Institute Inc. (U.S.)
•StemCyte (U.S.)
•CBR Systems, Inc. (U.S.)
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