The concept of cord blood bank is getting very popular among masses. Almost 10 years ago people hardly know about cord blood bank and stem cell banks but now many public and privately owned cord blood banks are working all around the world. For the safe and healthy life of their child now more and more expecting parents are choosing to store the umbilical cord of their new born baby. Umbilical cord holds the potential to fight against number of chronic diseases, and if there is any family history of genetic disease then it is advisable to store stem cell of a new born baby, so that it can be used in near future if required for treating life threatening disease.

In most cases the placenta and umbilical cord is discarded as soon as baby is delivered but studies have shown that this stem cell is very useful in treating number of chronic disease like leukemia, lymphoma, sickle disease and other transplant-treatable disease. Stem cell of one child can be use for their siblings also; there are 1:4 chances for the stem cell to be beneficial for the other child also. The concept of cord blood banking is getting very popular, now families and friends are choosing cord blood bank as a gift for the expecting parents.

One can choose private as well as public blood bank, public banks are cheaper in comparison to private banks, but the private bank guarantees that your stem cell will not be used for anyone else whereas in public bank blood cells are not permanently entitled to donor, it can be used for third person also. While choosing a cord blood bank make sure that bank is fully accredited by AABB. It is advisable to store stem cell from both the placenta and the cord blood, it increase the success chance of transplant.