Market Penetration Rates Revealed for U.S. Cord Blood Banking Industry

Cord blood banking is a profitable and rapidly growing industry. Ten years ago, there were only 23 cord blood banks worldwide; now, there are nearly 500, a 21-fold increase (2,100%) in the companies involved in the industry over the past decade. This rate of growth has generated enormous interest in the industry from venture capital funds, investment banks, and even individual investors, including Richard Branson—the billionaire business magnate and investor who now owns the Virgin Health Bank as one of his portfolio companies.

The key metrics, among others, that investors must know in order to profit from the cord blood banking sector are the current and historical market penetration rates. As the global leader in cord blood industry data, BioInformant was recently asked by the Wall Street Journal (a major U.S. news outlet) to provide data on market penetration rates for U.S. private cord blood banking since 2004, a 10-year historical analysis. Because this is a powerful question and the answer reveals critical market data, BioInformant is also sharing the findings with our readers.

Let’s dig into the numbers…

Topics: Biotechnology

How To Identify Top Food Trends

When you look at the top food trends that are being portrayed and even hyped in the media, it’s easy to get lost in the maze of what is and is not viable.  But, those in food research roles must be able to use their expertise and data-driven insights to vet food trends and find success (here, we are speaking not only of actual trends about food products but also culinary trends and techniques). This is because emerging food trends with great potential can be transformed into big business opportunities.

Topics: Food & Beverage How To's

Market Research Publisher Spotlight: BioInformant Worldwide, L.L.C.

BioInformant Worldwide, L.L.C., is the global leader in stem cell industry data. As a specialty research company, BioInformant uses technology to track and identify profitable opportunities within the stem cell sector and provide this data to clients pursuing aggressive growth.

BioInformant is the only market intelligence company that has specifically served the stem cell sector since it emerged, and its singular focus allows its team of technology specialists, business analysts and scientific experts to produce data that enables company decision-makers to better understand their markets, competitors and customers.

Topics: Biotechnology

How the Market Research Publisher & Analyst Influence a Report

Deciding which market research report will be the best fit for your research needs can seem like an overwhelming task. With several, hundreds, or even thousands of relevant reports to choose from, depending on your industry size and level of topic specificity, how do you know which one to pick? At first glance, some reports may seem too similar to even matter which you choose. However, every market research publisher and analyst bring something different to the table. So, it is important to understand which aspects of a report are most influenced by those that produce it.

Topics: Market Research Strategy

How M-Commerce Trends Are Impacting Multi-Channel Retailers

While much is spoken of mobile Internet's impact on various industries, the distinction is rarely made between smartphones and tablets. In online retail, the M-Commerce sector is usually referred to in general terms; however, all the market players involved should clearly understand the difference between the two and what implication this distinction has for their businesses.

Topics: E-commerce & IT Outsourcing Telecommunications & Wireless

Market Research: Predicting the Irrational

Market research is all about predicting the future... or attempting to at least. But, as human habits and patterns become more irrational, as some suggest, predicting the future based on the past is becoming increasingly difficult, yet ever-more important.

It's simply no longer logical to take the historical data found in market research and assume that it will predict the future. Yet, many businesses use it as such, and, maybe in the past, that was okay. Now, human behavior must be considered right alongside market research in an entirely new way.

Topics: Market Research Strategy

Gas Gen-Sets Becoming Viable Energy Source in Face of Steep Power Demand

Although the world is shifting away from oil-based fuels towards more sustainable energy sources, several reasons deem renewables, like wind, solar and hydro-electric systems, impractical for quite a few sections of society and industry: not enough wind, too many cloudy days, and insufficient watercourse.

In the wake of acute power shortages, this leaves us with very few alternatives, one of which is using a generator. Gas-fired generators are gradually becoming the choice for both standby and prime power.

Topics: Energy & Resources

Pharma Plans Route to Non-Small Cell Lung Cancer Success

Targeted therapies and the use of molecular profiling to determine which first-line treatments patients should receive have rapidly found their feet in the non-small cell lung cancer (NSCLC) market. Even the segmentation of this market into very small patient sub-populations – such as the EML4-ALK positive group, which accounts for between just 3-7 percent of all NCSLC patients – can prove commercially enticing as pharma companies carve out their own niches.

Topics: Pharmaceuticals Healthcare

Market Research Licenses: How They Really Work

In the world of market research, one of the biggest areas of confusion revolves around licensing.  When I buy a report, who can use it and how can it be used?  This is made even more difficult because the terms one publisher uses can be different from another.  In 2013, we published a blog post to help companies of various sizes and with various budgets determine which license was right for them. Because licensing remains such a complex concept to many purchasers and end users, here is a more in-depth guide to help you understand the complicated maze of market research licensing.

Topics: Market Research Strategy

Innovative Technologies Converge to Transform the Global Automotive Industry

The digitization wave sweeping through the automotive industry has disrupted the dynamics in car retailing, giving rise to a bricks and clicks model to complement the time-worn system of automotive dealerships.

According to Frost & Sullivan’s latest study on the global automotive industry, online transactions will account for four percent of the total global car sales by 2020; that translates to exclusive online sales of more than 50,000 cars belonging to brands ranging from Daimler, Renault, and BMW-I to Dacia and Ford. Plus, the number of mobile payment users is expected to rise by 16 percent, exceeding the one billion mark by 2025.

Topics: Transportation & Shipping