Albany, NY -- (SBWIRE) -- 06/27/2016 -- Stem cells are the building blocks of the human body. They originate in the earliest stage of human development and can be found in the various stages of growth from birth till adulthood. When these undifferentiated biological cells divide, they can differentiate into specialized cells. A stem cell bank is a facility that stores stem cells for future use. Stem cell banking, one of the most promising markets in the field of life sciences, is the process of preserving stem cells at temperatures much below the freezing point. This technique is termed as cryopreservation. These cells can be used in the treatment of Parkinson's disease, diabetes, cancer, heart diseases, and others. Traditionally, the stem cells can be classified into three types based on the origin: embryonic stem cells, adult stem cells, and germinal stem cells.

The global stem cell banking market to grow at a CAGR of 15.13% over the period 2014-2019. This report covers the present scenario and the growth prospects of the global stem cell banking market for the period 2014-2019. To calculate the market size, the report considers the revenue generated by the leading stem cell banks. The report also considers the revenue generated by various segments of stem cell banks to arrive at the final market size which includes:
- Applications
- Products
- Geography

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Technavio's report, Global Stem Cell Banking Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key regions
- Americas
- APAC
- EMEA

Key vendors
- Esperite
- NeoStem
- Smart Cells International
- StemCyte
- ViaCord

Other prominent vendors
- Aldagen
- Arteriocyte
- Brainstorm Cell Therapeutics
- Capricor
- Cellartis
- Cellerant Therapeutics
- Cellular Dynamics International

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Key questions answered in this report:-

- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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