The global stem cell market is forecast to grow at a CAGR of 9.0% to 10% during the forecast period 2019 to 2024. The report analysis the stem cell market based on product, source, technology, application, end user and geography. Based on product, the global stem cells market is segmented into adult stem cell, human embryonic stem cell and induced pluripotent stem cell. Snowballing incidence of chronic diseases is another driving factor augmenting the demand of stem cell market.
Global umbilical cord blood banking market is expected to grow at a CAGR of 13.6% from 2019 to 2024. The global umbilical cord blood banking market is segmented based on type of storage, application, end-user and geography. Based on types of storage, the global umbilical cord blood banking market has been segmented into public cord blood banks, private cord blood banks, and coordinated public and private cord blood banks.