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FamiCord Group investing in stem cell bank owned by Smart Cells Holdings Limited, UK
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FamiCord Group investing in stem cell bank owned by Smart Cells Holdings Limited, UK
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FamiCord Group investing in stem cell bank owned by Smart Cells Holdings Limited, UK
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FamiCord Group investing in stem cell bank owned by Smart Cells Holdings Limited, UK
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From the early 1900s through the mid-2000s, the global cord blood banking industry proliferated with cord blood banks emerging in all major healthcare markets worldwide. From 2005 to 2010, the market reached saturation and stabilized. From 2010 to 2020, the market began to aggressively consolidate, creating both threats and opportunities within the industry.
Serious threats to the industry include low rates of utilization for stored cord blood, expensive cord blood transplantation procedures, difficulty educating obstetricians about cellular therapies, and an increasing trend toward industry consolidation. Opportunities for the industry include price efficiencies associated with scale and consolidation, accelerated regulatory pathways for cord blood and tissue-based cell therapies, and progress with