ReeLabs is a leading cord blood bank in India. Cord blood banking in this region is of monumental importance, because the country has an astounding population of 1.4 billion. This represents an incredible 18% of the global population.
Meaning, one-out-of-every-five people on this planet lives in India and the country is now head-to-head with China as the world’s most populous country.
India’s population growth is fueled by a birth rate (19 births/1,000 population) that substantially exceeds its death rate (7.3 deaths/1,000 population).
If you’re involved with cord blood banking, you need to understand the important of this particular market and the trends emerging within it.
In this interview with Dr. Abhijit Bopardikar, Director of ReeLabs, he explains the rise of cord blood banking within India and discusses the importance of pairing stem cell therapy and research applications with stem cell storage services.