umbilical cord blood banking

Umbilical cord blood banking involves collecting and storing the blood left in the umbilical cord and placenta after a baby is born. This blood is rich in stem cells, which have the potential to treat various medical conditions, including blood disorders and certain cancers. Parents can choose to donate this cord blood to public banks or preserve it in private banks for their family's future use. While private banking can be costly and is not necessary for everyone, public donation can help other patients in need. It’s a growing field in regenerative medicine and pediatric care.