Capitalizing on Opportunities in Cord Blood Industry Growth

Capitalizing on Opportunities in Cord Blood Industrycompetitors?
Growth* Perhaps most critically, what are the differences
Overview: Over the past 12 months, the cord bloodamong the cord blood banks that are experiencing
banking industry has expanded through double digitflat-line growth, versus those that have substantively
growth, due to new entrants in the cord bloodbuilt revenue over the past 12 months?
banking industry as well as revenue growth atIn initial version of this report, "Choices in Cord Blood
existing operations. Deeper analysis reveals that ofBanking – Factors Influencing Parental
existing cord blood banks, most fall into one of twoDecision-Making," an survey of 1,200 expectant
“camps,” either experiencing flat-line growthparents was used to provide a roadmap for how
(less than 3% per annum) or substantively buildingcord blood banks can best communicate and market
revenue (17% or more per annum). ( )their services to potential clients. The top-selling
This finding begs the questions:report explored the specific reasons that parents
* What factors are causing a substantial number ofelect to store cord blood and what factors influence
new cord blood banks to open up business? Is it thetheir decision-making in choosing a specific bank. This
result of a profit opportunity, an effect of advancesexpanded and updated version includes all content
in  therapeutic applications, a social response tofrom the original report, as well as supplemental
more parents being aware of the opportunity toanalysis of factors that have produced double-digit
store cord stem cells at birth, or are other factorsindustry growth over the past year. It provides
driving the activity?guidance on how to break through flat-line growth to
* What will be the effect of these new entrants tobecome a fast-growing competitor within the cord
the cord blood banking industry for existingblood industry.