The global umbilical cord blood banking market size was valued at USD 23.36 billion in 2022 and is expected to grow at a significant CAGR of 16.6% during the forecast period 2022-28. The blood that remains inside the placenta and umbilical cord after birth is known as umbilical cord blood or cord blood. Maternal-fetal cell transfer occurs near the end of pregnancy to strengthen both the...
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