Why Collect and Store Cord Blood?
Simply put, cord blood is collected and stored because it can help save lives. Cord blood, because it is rich with stem cells, is currently helping doctors treat a variety of diseases through a number of treatments, including stem cell transplants.
Furthermore, the medical community is excited about the advances being made in regenerative medicine and the potential use of cord blood to fight additional life threatening diseases, such as juvenile diabetes and brain injury.
Why Doesn’t Everybody Bank Cord Blood?
There is virtually no reason NOT to bank cord blood. So why is only a very small percentage of cord blood banked? The overwhelming reason that impacts both public and private cord blood banking is cost.
The private banks charge a fee that some families simply can’t afford. While the cost of funding and properly maintaining a public bank is so high that most institutions don’t have the funding necessary to operate a cord blood bank. As a result, a small percentage of cord blood is actually collected and stored.
For more information regarding the cost of family cord banks, see our cord blood banking comparison table.