The cord blood banking industry is a complex industry, with regions of the world that are experiencing growth, contraction, and little to no change. As of 2016, there are more than 250 laboratory facilities that store cord blood units, as well as nearly 500 groups offering cord blood banking services when marketing agencies are integrated into this group.

That represents a several hundred percent increase in the number companies involved in the industry, in less than a ten year period. Cord blood banks now exist in every developed country, as well as within most developing nations.
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