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
(in million U.S. dollars)
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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RAND Corporation. (September 29, 2017). Average annual social value of the U.S. cord blood bank system based on donor/patient matching from 2010 to 2016 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/799979/social-value-of-us-cord-blood-bank-system-by-scenario/
RAND Corporation. "Average annual social value of the U.S. cord blood bank system based on donor/patient matching from 2010 to 2016 (in million U.S. dollars) ." Chart. September 29, 2017. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/799979/social-value-of-us-cord-blood-bank-system-by-scenario/
RAND Corporation. (2017). Average annual social value of the U.S. cord blood bank system based on donor/patient matching from 2010 to 2016 (in million U.S. dollars) . Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/799979/social-value-of-us-cord-blood-bank-system-by-scenario/
RAND Corporation. "Average Annual Social Value of The U.S. Cord Blood Bank System Based on Donor/Patient Matching from 2010 to 2016 (in Million U.S. Dollars) ." Statista, Statista Inc., 29 Sep 2017, https://www.statista.com/statistics/799979/social-value-of-us-cord-blood-bank-system-by-scenario/
RAND Corporation, Average annual social value of the U.S. cord blood bank system based on donor/patient matching from 2010 to 2016 (in million U.S. dollars) Statista, https://www.statista.com/statistics/799979/social-value-of-us-cord-blood-bank-system-by-scenario/ (last visited November 21, 2024)
Average annual social value of the U.S. cord blood bank system based on donor/patient matching from 2010 to 2016 (in million U.S. dollars) [Graph], RAND Corporation, September 29, 2017. [Online]. Available: https://www.statista.com/statistics/799979/social-value-of-us-cord-blood-bank-system-by-scenario/