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Rates of Private Cord Blood Storage in the United States and Worldwide

private cord blood storage | Rates of Private Cord Blood Storage in the United States and Worldwide

BioInformant was interviewed by Vogue magazine for an article about the U.S. private cord blood storage industry, authored by Lauren Mechling. Vogue is a fashion and lifestyle magazine that is published monthly in 23 different national and regional editions. It has a total circulation of nearly 1.25 million readers and is one of the Top 25 Consumer Magazines in the U.S.

Private Cord Blood Storage | BI Research Data on Vogue

In this article:

Vogue Magazine’s Interest On Cord Blood Units

Vogue needed an approximate quantity of how many cord blood units are now stored within private (family) cord blood banks within the United States. The article released by Vogue was titled, “Could Umbilical Cord Blood Banking Save Your Baby’s Life? Inside the Pregnancy Phenomenon.”

BioInformant’s Quoted Information on Vogue Magazine

BioInformant’s contribution to the article was this important statistic: “There are 1.9M units in private US cord banks, according to market research firm BioInformant.”

Global Statistics on Private Cord Blood Storage Banks

While Vogue did not inquire about global statistics, many of our readers and clients are based outside of the United States. As of January 2016, there were approximately 4.3 million units stored in private cord blood storage banks worldwide.

To view the full Vogue article, click here: http://www.vogue.com/13394836/blood-cord-banking-stem-cell-therapy-benefits-and-costs/

To learn more about the cord blood market, including rates of public and private storage, view the “Global Cord Blood Banking Industry Report.”

How many cord blood units worldwide do you think are in private banks right now? Share your thoughts in the comments section.

Up Next: Cord Blood Industry Trends – Clinical Trials, Publications, Patents, and Grants

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