Annual social value of U.S. CBB system by scenario 2010-2016

This statistic depicts the average annual value of the U.S. cord blood bank system from 2010 to 2016, based on scenarios regarding the level of match between a donor and a patient receiving a transplant. For 2016, the average annual value of the cord blood bank system in the United States in scenario 3 was estimated to be around 1.3 billion U.S. dollars.

Average annual social value of the U.S. cord blood bank system based on donor/patient matching from 2010 to 2016

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Source

Release date

September 2017

Region

United States

Survey time period

2010 to 2016

Supplementary notes

The source gives the following explanation for the calculations and the scenarios:
"To provide a lower bound, we used Scenario 1 and assumed that all patients received a 4/6 match. Next, as an intermediate set of assumptions, we assumed that all patients received a 5/6 match and used Scenario 2 in terms of effectiveness. Finally, we used Scenario 3 and assumed 6/6 matches to provide an upper bound. For the upper-bound estimate, we multiplied the number of annual pediatric recipients by 23 years (from Table 9.2, Scenario 3 with a 6/6 match), and for adult patients we multiplied the total adult units shipped by five years (from Table 9.2, Scenario 3 with a 6/6 match). This gives us an estimate for the total number of life years saved over all patients who received a cord blood transplant in one year. Finally, we multiplied total expected life years gained by $100,000 to estimate the total use value per year for the years 2010–2016. Column three in Table 9.3 displays the results. Thus, our estimates of the average annual value of the CBB system range from a lower bound of $883 million to $1.7 billion."

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