Cord blood banking services involve the collection, processing, analysis, cryopreservation, and storage of umbilical cord blood for future use. Cord blood banking has emerged as an important modern medical tool with a wide range of potential therapeutic applications. Stem cells obtained from cord blood offer a higher chance of successful transplantation as compared to stem cells obtained from bone marrow due to certain immunological advantages.

The key advantages of Cord Blood Banking Services Market Trends include lower risk of graft-versus-host disease which is a major complication associated with bone marrow transplants, ability to engraft with fewer matching cell surface antigens than marrow stem cells making it easier to find a suitable donor, and the ability to rebuild multiple blood cell lineages. Due to these advantages, cord blood is increasingly being used for the treatment of nearly 80 diseases including blood cancers, metabolic disorders, immunodeficiencies and skeletal disorders.

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