Types of Cord Blood Banking You Should Know
Many of you may not know this but cord blood can be a lifesaving thing for many. The umbilical cord that connects the fetus to the placenta can of great use as it is a rich source of stem cells. These stem cells become mature blood cells. This includes red blood cells, platelets, and white blood cells. It has great potential to treat several diseases. This is why researchers advise you to opt for stem cell banking. In this article, we will discuss the main type of cord blood banking that is in practice.
What are the types of cord blood banking?
There are two types of cord blood storage or banking. You can either store it in a private cord blood bank or give it away to a public cord blood bank. Here are the details you should know.
The private cord blood bank
When you store your baby’s cord blood in a private cord blood bank, it is available only for you or any other member of your family. You are required to pay heavy charges to store it in the bank. The process of preserving stem cells is too expensive. It can cost up to $1000 to $2000. For this very reason, most parents are unable to afford it.
The public cord blood bank
A public cord blood bank is a place where you donate or give away your baby’s cord blood. This can now be used by anyone who needs it. Once you donate it, you cannot expect it to be there for you in case, you need it. Mothers donate cord blood to these banks so that other people can benefit from it. Since it doesn’t cost you any storage fees more people are motivated to donate it.
If you cannot afford a private cord blood bank, it’s better to give it away. Instead of wasting it, you can use it to save someone who is need of it.
Banking umbilical cord is a good choice as it can help you and others depending on the type of banking you have chosen.
