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NEW YORK, June 9, 2015 /PRNewswire/ -- About Stem Cell Banking Stem cells are the building blocks of the human body. They originate in the earliest stage of human development and can be found in the various stages of growth from birth till adulthood. When these undifferentiated biological cells divide, they can differentiate into specialized cells. A stem cell bank is a facility that stores stem cells for future use. Stem cell banking, one of the most promising markets in the field of life sciences, is the process of preserving stem cells at temperatures much below the freezing point. This technique is termed as cryopreservation. These cells can be used in the treatment of Parkinson's disease, diabetes, cancer, heart diseases, and others. Technavio's analysts forecast the stem cell banking market in India to grow at a CAGR of 37.85% over the period 2014-2019.
Covered in this Report This report covers the present scenario and the growth prospects of the stem cell banking market in India for the period 2015-2019. To calculate the market size, the report considers revenue generated by stem cell banking service providers. It presents the vendor landscape and corresponding detailed analysis of the top six vendors in the market. The report provides the segmentation of the market based on type of products, applications, and type of banks. Technavio's report, Stem Cell Banking Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years.
Key Vendors - CordLife Sciences India - Cryobanks International India - LifeCell International - Reliance Life Sciences - Stempeutics Research - Tran-Scell Biologics
Other Prominent Vendors - CordCare - Cryo Save India - Cryo Stemcell - International Stem Cell - Jeevan Blood Bank Research Centre - NovaCord - Reelabs - RMS Regrow - Stemade Biotech - StemCyte India Therapeutics - StemOne Biologicals - StemRx BioScience Solutions Key
Market Driver - Growing Potential for Umbilical Cord Cell Banks - For a full, detailed list, view our report Key
Market Challenge - Lack of Awareness - For a full, detailed list, view our report Key
Market Trend - Introduction of New Marketing Concepts - For a full, detailed list, view our report
Key Questions Answered in this Report - What will the market size be in 2019 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
See the rest here:
Stem Cell Banking Market in India 2015-2019 - KAIT ...
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