The concept of cord blood banking is however not very recent. The very first transplant of cord blood was performed by Gluckman in the year of 1988. Cord blood bank is the place which stores cord blood to be used in the future against several chronic diseases. While parents think about going for cord blood banking, they usually get trapped in a huge confusion about which one to choose from. The baby cord banks can be categorized as private and public banks. Public banks accept blood donation and provide to those in need. Private Banks let families to preserve blood at a fixed price. However, one must be clear about the pros and cons of both of them to make an informed decision.
The public baby cord blood banking provides several services to the donors. These do not charge any fees from the donors. The blood stored in such banks is further used for the several medical researches. These make their every possible effort so that these banks would be easily accessible for the public. In addition, when more and more people would donate the cord blood, doctors will also consider offering free of cost services. However, it is not a surety that cord blood donated would be available at the time of emergency. Furthermore, nothing can be said about finding a suitable match and even a match is found, the chances of rejection are high. The donor is not provided with the authority to object even if their blood sample is being donated to some other.
On the other hand private cord blood banking provides umbilical cord blood especially for the use of family. It is useful when family requires sample for stem cell transplant, they can easily get it through these private bank. There is no fear of rejection and the success rate of the transplants increases to double rate. The choice of donation of the sample is only of the donor family. It is not only used for treatment of infants but there is a possible chance for the cure of family also. There are some charges for the collection and further storage of the blood banking in private units. During the transplant person’s own cord blood is not sufficient most of the times.
In addition, the insurance companies do not cover the charges for storage and collection. Compare cord blood banks and it is will be clear that private banks are offering successful services as compared to public banks. Before donation of umbilical cord blood it is essential to take some time and include the whole family in the decision.
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