Stem Cell Banking Market Growth Analysis: Opportunities & Forecasts
According to a newly published market research report by 24LifeSciences, global stem cell banking market was valued at USD 1,761 Million in 2025 and is projected to grow from USD 1,896 million in 2026 to reach USD 2,943 Million by 2034, growing at a compound annual growth rate (CAGR) of 7.8% during the forecast period.
Stem cell banking is the process of collecting, processing, and cryogenically preserving stem cells from sources like umbilical cord blood, cord tissue, and adult tissues for potential future therapeutic use. This service, often termed a biological insurance policy, plays an increasingly crucial role in regenerative medicine, offering potential treatments for a wide array of conditions from blood cancers like leukemia and lymphoma to genetic disorders and potential future applications in neurological and autoimmune diseases. Its importance is underscored by the growing arsenal of stem cell-based therapies entering clinical practice.
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