Current Trends in Umbilical Cord Blood Banking
Umbilical cord blood banking has witnessed tremendous growth in the past few years. The trend of Umbilical Cord Blood Banking is expected to increase in the years 2024-2031 at an anticipated CAGR of 11.0%, according to a study by The Insight Partners. The reason may be new medical research and emerging advanced technologies. Additionally, expecting parents are much more aware of this than before.
The blood of the Umbilical cord contains stem cells that can be used to fight some severe health issues. These cells can also treat blood diseases, immune problems, and other illnesses. Therefore, the need for Umbilical Cord Blood Banking will have a major influence on the industry’s progression.
About Umbilical Cord Blood Banking
Cord blood banking is the safe collection and storage of your baby's umbilical cord blood following delivery. Cord blood is what remains inside your baby's umbilical cord after it is cut. Your baby's umbilical cord is clamped and severed soon after birth. The umbilical cord links your baby to the placenta (which is responsible for transferring food and water when the baby is in the womb).
Recent Trends in Umbilical Cord Blood Banking
With the continuous advancement and the research of scientific studies, stem cells have promising potential in treating malignant and non-malignant disorders. In recent times, stem cell preservation has become more significant and well-known. Some of the current trends in the Umbilical Cord Blood Banking are:
1. Ongoing Researches:
Several types of research are underway to maximize stem cell potential. Countries are investing in the technological advancements of stem cell research, as it has the promising potential to change the way diseases are treated.
2. Increasing Popularity:
The number of expecting parents who are willing to preserve their baby’s stem cells has increased significantly. The success stories of stem cell preservation influence them.
3. Promising Future:
Stem cells collected from your baby’s umbilical cord have the potential to fight some life-threatening diseases, and research is still in progress. The most amazing part of stem cell preservation is that your baby’s stem cells (if matched) can help others with certain conditions.
Choose Cryoviva for a Better Future
Stem cell preservation has a promising future for little one’s health. Also, your baby’s stem cells can help others too. When it comes to our loved ones we always want the best. Cryoviva ensures that the process of Umbilical cord preservation is safe and secure. So, schedule an appointment today to discuss more about stem cell preservation and how Cryoviva makes cord blood banking feasible.