The global cord blood banking industry has been rapidly-changing over recent years, due to changes in processing, storage, and transplantation technologies. These changes require you to have a firm understanding of emerging trends and how they would impact your business model. Furthermore, research advances do not know international boundaries, so they are shared nearly instantly from region-to-region.
Importantly, a trend toward diversification has been emerging within the cord blood banking industry, with cord blood banks effectively becoming diversified stem cell biobanks.
Cord blood banks worldwide has started to incorporate the storage of umbilical cord tissue, placental tissue, amniotic fluid, menstrual fluid, and more. [Read more…]