The cord blood of your baby is an abundant source of stem cells which are genetically related to your baby and your family. Stem cells are dominant cells because they contribute to the development of all tissues, organs, and systems in the body.
One of the most common reasons is to have a readily available source of stem cells in case they are needed for future medical treatment. Cord blood stem cells can be used to treat a variety of conditions, such as certain blood disorders, immune system disorders, and genetic disorders. Cord blood stem cells have the ability to develop into many different types of cells in the body, which means they have the potential to be used to repair or replace damaged tissue. This could be useful in treating conditions such as heart disease, stroke, or spinal cord injuries.
Storing cord blood in a cord blood bank provides a backup in case a family member needs a stem cell transplant in the future. If a family member has a condition that could be treated with stem cells, having cord blood stored in a bank could be a valuable resource.