The Stem cell market is India is forecasted to grow 28% over the period of 2015-2020. Growth in this market is projected on the basis of increasing investments from the government sector, privately funded organizations to focus on industry oriented research and rising awareness about stem cell banking. Moreover, evolution of new stem cell therapies is anticipated to boost growth of the stem cells market in India over the next few years.

Stem cells are capable of treating a variety of conditions. Tremendous research in being carried out to across the country on techniques to enhance the effectiveness of stem cell therapy. For instance, menstrual stem cell technology is an emerging trend which is capable of developing heart muscles at a success rate of more than 100 times, way higher than the 0.2-0.3% for stem cells taken from bone marrow. These cells have the potential to revolutionize the way many diseases are being treated and transform the lives of millions of people across the country in the coming years. Stem cell market can be segmented into stem cell banking and stem cell research. Stem cell research has been dominating the market for the past few years on account of rising number of stem cell research groups, growing focus on commercialization of public and private research, , and growing expense of traditional drug development. In India, increased collaborations among various stakeholders whether it be investors or firms, has positively impacted the growth of the stem cell market.

My cord, Gurgaon’s best Cord Blood Banking facility aims to be the cheapest provider of cord blood banking in the country so it could play its part in providing the option of stem cell therapy to those who are in need. My cord has been at the pioneer of the research and development in the medical industry and now plans to be the disruptor in providing cord blood banking facilities to millions at an affordable cost.

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