The umbilical cord blood bank remains the most effective means of acquiring, storing, and mobilizing stem cells, so the cord blood bank service market is likely to grow over the forecast period. Growing public support for the cord blood bank sector and growing private investment in the field are also likely to be crucial for the global umbilical blood bank services market during the forecast period. Owing to the adequate storage facilities and fragile nature of cord blood and stem cells must be in place before attempts are made to repair and obtain cord blood stem cells. Like normal blood, cord blood and stem cells also require significant cooling and hygiene efforts to maintain stem cells in a viable manner. Increasing government support for health care expansion and increasing acceptance and research of stem cells should be an important mechanism for the global umbilical cord blood banking market during the forecast period.