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Tag: Global Umbilical Cord Blood Banking Segments

Global Umbilical Cord Blood Banking Market , By Type , By Applications , By Regions – Global Forecast to 2023
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Global Umbilical Cord Blood Banking Market , By Type , By Applications , By Regions – Global Forecast to 2023

Market Overview - By 2023, it is expected that the global Umbilical Cord Blood Banking Market will grow from its current estimated value of USD 17.15 billion to USD 23.06 billion at a CAGR of 6.1 percent. The umbilical cord supplies oxygen and nutrients to the developing foetus throughout pregnancy. In the course of pregnancy, the tissue is usually thrown away or removed from the mother. An additional step in preparing for delivery and bolstering the immune systems of both mother and child is the transfer of stem cells and immune cells just prior to the actual delivery. Medical professionals now recommend storing umbilical cord stem cells as soon as possible after delivery due to the discovery that they are a valuable source of stem cells. The stem cells from cord blood are collect...