Cord blood bank is an approach to use the umbilical cord blood for the use in future. In the earlier time, after the birth of the baby, placenta and umbilical cord were discarded. Later on, it was found that umbilical cord plays major role in the formation of blood forming stem cells as a donor of bone marrow. Due to this reason umbilical cord blood has now started to be collected and stored. Many of the public and private companies have begun the services of baby cord blood banking.
The cord blood storage is advertised as biological insurance. It is the insurance for the baby that needs stem cell transplantation. Mostly parents give high preference to financial investment as compared to fact that cord blood banking. They consider the cord blood bank as costly and also there is no guarantee about the investment. Cord blood banks are of two types -public or private.
In the private cord blood banking the organization stores the cord blood for which there are fixed charges. Blood is taken from a healthy child and stored to transfer to any of the family member or child if they happen to need that in the future. It acts like an insurance cover. Public cord blood banks are run by government. It does not charge any fees for the collection and storage of cord blood. The core blood is kept in storage by maintaining the standards recognized at national level. Parents are thus highly motivated to donate the blood to public banks. After the donation the parents are told about any of the defect found in the blood.
Cord blood stem cell collection is a necessary act, but not routine in delivery rooms. Expectant parents are recommended to plan for cord blood donation early since nearly fifty percent of the vaginal child deliveries take place before the scheduled date. Therefore, expectant parents must plan and contact an umbilical cord blood bank for storing the miraculous stem cells.
Bone marrow transplants have been successful in a number of diseases but rare availability of stem cells leave patients looking for the cells for a prolonged period of time. Today most of the parents opt for cord blood preservation, because whenever the need arises, the patient does not have to wait for a matching donor. This is truer for the patients who belong to an ethic minority group.
These days, cord blood cell industry is booming with huge developments of public and private banks. Families, who have not stored their own babies’ stem cells in a private cord blood bank, still are likely to find a genetically matched stem cell sample from a public cord blood bank. Besides, research has proved that umbilical cord stem cells are more versatile compared to the ones extracted from bone marrow. The pregnancy tips alone are not sufficient for the well being of the child. But through stem cell banking you can protect your child from future ailments.
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