North America leads the global cord blood banking services market, holding a 39.54% share in 2025. Growing awareness of stem cell preservation, expanding applications in hematological and genetic disorder treatments, and advancements in regenerative medicine are driving global adoption of cord blood banking services.
Hyderabad, India, Feb. 27, 2026 (GLOBE NEWSWIRE) — According to Mordor Intelligence, the cord blood banking services market size is projected to grow from USD 33.85 billion in 2025 to USD 35.81 billion in 2026, and is anticipated to reach USD 49.85 billion by 2031, registering a CAGR of 6.84% during the forecast period from 2026 to 2031. Market growth is driven by increasing awareness of stem cell therapies, rising prevalence of hematological disorders, and expanding applications of regenerative medicine. Healthcare providers and parents worldwide are recognizing the long-term therapeutic potential of preserved cord blood stem cells, driving demand for both public and private banking services.
The cord blood banking services market is expanding as advancements in stem cell research continue to broaden clinical applications in oncology, immunology, and genetic disorders. Cord blood stem cells are increasingly used in the treatment of conditions such as leukemia, lymphoma, and certain inherited metabolic diseases. Ongoing research into regenerative medicine and cellular therapies is further strengthening confidence in cord blood preservation as a proactive healthcare decision.
Soumya Goud, Senior Research Manager, Mordor Intelligence, says, “Our assessment of the cord blood banking services market is grounded in verifiable industry data, direct engagement with service providers, and careful review of public disclosures to ensure balanced, decision-ready insights. Mordor Intelligence applies consistent validation frameworks and transparent research standards that support more dependable planning than fragmented or model-only market estimates.”
Cord Blood Banking Services Market Share by Region
- North America represents a significant share of the cord blood banking services market, driven by high awareness levels, established regulatory frameworks, and the presence of leading public and private cord blood banks. The region continues to benefit from advancements in stem cell research and increasing adoption of personalized medicine approaches.
- Europe holds a notable market position, supported by structured public banking programs and expanding clinical research in stem cell therapies.
- Asia-Pacific is emerging as a high-growth region due to increasing birth rates in certain countries, rising healthcare expenditure, and growing awareness of cord blood preservation benefits.
Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/cord-blood-banking-services-market?utm_source=globenewswire
Cord Blood Banking Services Market Trends & Forecast
Expanding Applications in Regenerative Medicine
Advancements in stem cell research are expanding the therapeutic scope of cord blood, supporting its role in regenerative and personalized medicine. Improvements in cryopreservation technologies and quality assurance standards are also supporting market growth.
Rising Preference for Private Cord Blood Banking
Increasing parental awareness and demand for family-specific storage options drive growth in private cord blood banking services. Growing educational initiatives and awareness campaigns are contributing to higher enrollment rates in cord blood banking programs. Expectant parents are becoming more informed about the potential benefits of cord blood storage, while healthcare institutions are strengthening collection and storage infrastructure to meet rising demand.
Cord Blood Banking Services Market Segmentation Overview
By Bank Type
- Public
- Private
By Storage Service
- Processing-Only
- Storage-Only
- Combined Processing & Storage
By Component Type
- Cord Blood
- Cord Tissue
- Placental Blood
By Application
- Cancers
- Blood Disorders
- Metabolic Disorders
- Others
By End User
- Hospitals & Clinics
- Specialty Transplant Centers
- Research Institutes
- Home Storage Users
By Geography
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Argentina
- Rest of South America
For a full breakdown of market dynamics, segmentation insights, regional analysis, and competitive landscape, access the details of the Mordor Intelligence report: https://www.mordorintelligence.com/industry-reports/cord-blood-banking-services-market?utm_source=globenewswire
Cord Blood Banking Services Market Competitive Outlook
The cord blood banking services market includes established public banks and private service providers focusing on expanding storage capacity, enhancing quality standards, and strengthening partnerships with hospitals and maternity centers. Market participants are investing in advanced cryopreservation technologies and awareness initiatives to expand their customer base and maintain competitive positioning.
Major Companies include:
- Cord Blood Registry (CBR)
- China Cord Blood Corporation
- Cryo-Cell International
- FamiCord Group
- Revvity
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