Indian Stem Cell Banking Market: Trends & Opportunities 2017
ResearchMoz presents this most up-to-date research on Indian Stem Cell Banking Market: Trends & Opportunities (2012-2017). Today, stem cell banking is being witnessed as one of the most promising and emerging fields of life sciences. The stem cell banking market is further expected to witness increased significant growth as the market reach increases, regulatory approvals grow for stem cell based products and the resistance to private banks declines. Over 170 different cord blood banking service providers are offering services in different regions of the world. This number is expected to grow significantly in the coming five years. At present, countries such as Korea, Japan, Taiwan, and Singapore, etc. have high penetration rates of stem cell banking ranging from 15% to 30%. Regions such as, US, Europe, China and India have low penetration rates of around 5%. Low population density, insufficient awareness and general misconceptions are the leading reasons behind the same. Over si...