Cord Blood Stem Cells Global Market to touch $7.2 billion by 2012
Industry Experts, a multi industry focused market research firm, has released an updated version of their 2009 published biotechnology market research report ‘Cord Blood Stem Cells – A Global Market Overview’ . The new report reveals that the global market for Cord Blood Stem Cells is estimated to garnber US$5.6 billion in 2011 and expected to touch US$7.2 billion by 2012. Advancements in science and technology have enabled in increasing the number of preserved cord blood units being used in regenerative medicine applications. Expectant parents can decide to store their baby's cord blood in a family bank and the stem cells are immediately available for use in medical treatments, such as future therapies requiring repair or replacement of damaged heart tissues. An infant's cord blood offers the most ideal option for congenital heart defect or for future unforeseen and sudden occurrences, such as a serious heart attack. Latest scientific evidence offered by regenerative medicin...