Especially childhood diseases. Cord blood banking is usually synonymous with private banking, to be used by ones own family member in the place of a bone marrow transplant. However you can donate to a public bank, cord blood banking is done by the government for donating the stem cells to a patient who desperately needs them. When you make the decision that cord blood banking is something you want to pursue, it is best to start researching as soon as possible and early in your pregnancy. The logistics of where, how, cost and ultimately success rates is how you will make the best choice for your family. Cord blood banking is a good investment in the health and welfare of your family.
Researchers are finding new uses for stem cells every day, and we cannot guess in 20 years time what we can do with these unidentified and specialized cells that are the building blocks of so many cures. Cord blood banking is relatively affordable, and maintenance is virtually nothing. A family may determine private cord blood banking is for them if there is a family history of genetic disorders, cancer, or other blood diseases that they want to prepare themselves for the best fighting chance for their families health.
Others will choose cord blood banking as an insurance policy investing in their possible future and what stem cells can do in the coming years that doctors and researches haven’t discovered yet. At the very least a family should choose donating to a public cord blood bank in order to provide another family with the stem cells they would need through donation. Cord blood banking should become a more viable option than to just throw away as medical waste something that could potentially save someone's life. Especially ethnic minorities who have little chance of finding a donor match on the cord blood registry. This demographic may choose cord blood banking for that reason in order to protect their family.