Umbilical cord blood transplant is a popular option for those who suffer from a bone marrow disorder or from a failing bone marrow. This is a relatively new medical procedure in which blood is taken out from a newborn’s umbilical cord right after child birth. The blood is then collected, donated, banked, and used at a later date for people who are in need of stem cells to have their lives saved.
We are living in the modern day and age where new technologies are introduced to people on a regular basis. The field of medicine has benefitted greatly from such technology, discovering new treatments and innovations along the way. One of them can be found in the form of cord blood banking. Cord blood banking has been growing in popularity over the years piquing the interest of many as a result. Let us look at what cord blood banking is and what it offers to clients who are interested in it.
Cord blood banking revolves around the storage of your baby’s umbilical cord blood for use in the future. It should be noted that umbilical cord blood contains a great number of stem cells which can develop into blood vessels, organs, and tissues. These are able to help treat a variety of diseases that harm the blood and immune system, which include leukemia and certain cancers, sickle-cell anemia, and some metabolic disorders. Furthermore, the advancement of medical technology as mentioned earlier has helped pave the way for the improvement of cord blood transplants making it more successful than ever before.
Cord Blood Banking Pros and Cons
There are many advantages of cord blood banking, and we’ve mentioned a few of them earlier. This in turn makes it quite a promising procedure that is being looked into by a huge number of individuals in the present. With that being said, cord blood banking also comes with its own set of disadvantages that have to be taken into consideration as well. Balancing the cord blood banking pros and cons can help people make timely judgement if they want to pursue the procedure or not.
One of the glaring cons with regards to cord blood banking is its overall pricing. Cord blood banking is considered to be quite expensive which also requires upkeep cost. For instance, private banks, including Viacord, CBR, and Americord typically charge around $2,000 for the collection and around $200 a year for storage.
It should be noted that cord blood banking cost is one of the factors that can discourage an individual in making use of cord blood banking. Private cord blood banks have the decision to throw away blood that a family no longer wants to store or use which can make all of your efforts go to waste.
Aside from its overall costs, accessibility is also an issue with cord blood banking. Parents can decide to store their newborn child’s umbilical cord for future use. Hence, if you are not a parent or perhaps cannot bear a child, cord blood banking becomes impossible.
Many still feel though that cord blood banking is a very much worthwhile investment with the benefits it provides outweighing its costs. If you are planning on making use of cord blood banking, make sure to plan and prepare in advance with your partner about your decisions. Looking for a trusted and reliable cord blood bank can also go a long way as you will be working with them for an indefinite future. Find these cord blood banks today!
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