Are you thinking about cord blood banking? Great!
You have made an excellent decision. But are you confused about where you should store it? Public banks or private banks?
Getting a basic understanding of both public and private cord blood banking, along with the difference between them, will help you a lot. When you know the minute details about them and are able to compare them, you will be able to make the right decision.
Let’s start with knowing them both and then differentiate between them.
Private Cord Blood Banking
With private cord blood banking, you can store your baby’s cord blood and stem cells exclusively for your baby’s or your family’s personal use in treating around 80 diseases and clinical trials. You just need to enroll yourself in any private cord blood bank, and they will send you the collection kit.
Your doctors might also need to see a video of the collection procedure. And once the collection is completed, the private blood bank personnel will collect that from you. They come in different packages. Here, you only can store cord blood or placenta or stem cells or all of them together.
You can either pay one time or on a monthly basis. In the future, if you or your child or any other individual in the family suffer from any of those 80 severe diseases, you can use cord blood for their treatment.
Here are the advantages of private cord blood banking:
- You always own your baby’s cord blood and also have the authority to decide who can use that.
- When you store your baby’s stem cells for their use or for any other family member, it becomes less likely for you to search for a match from an unrelated donor.
- Most of the top-rated cord blood banks always bear the cost of transporting the stored blood from the blood bank where it is stored to the facility center.
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Public Cord Blood Banking
When private cord blood banks store the cord blood of your baby exclusively for your baby and your family, public cord blood banking can give the stem cells to anyone who is in need. Here, you are simply donating the cord blood of your baby. You also can search for a match in the public cord blood bank in case you need that in the future.
- You do not need to pay anything here.
- As stem cells are donated, they are always available to the public and anyone who needs it.
- It can be used for clinical research as well.
Differences Between Private And Public Cord Blood Banking
Now, you get a complete understanding of both public and private cord blood banking. Now, it is time to understand the difference. For easier understanding, we are discussing the difference between private and public cord blood banking in table formats regarding some specific segments. Now, let’s have a look at them.
|It is preserved for the child itself or any other member of the family in order to treat around 80 diseases, like Lymphoma and leukemia. It is also immediately available for clinical trials treating conditions such as cerebral palsy or autism.||Completely donated for a family that needs treatment for any of the almost 80 diseases that cord blood can cure. It also can be used for further cord blood research. But it is not always available for Clinical trials.|
|Here, cord blood can be collected almost from anywhere without causing any harm to the child or to the mother.||Here, the cord blood is collected from several participating locations without causing any harm to the child or to the mother.|
|With private cord blood banks, a family has full rights and also immediate access to treat all those diseases or in over 200 ongoing clinical trials.||A family, which has already donated cord blood, has no rights or access to that. The cord blood of the baby is sold to another family who is in need and who is granted complete rights for use in certain clinical trials and treatments.|
|Higher match. It is a perfect match for a baby and also has a 75% chance of being partially matched for the baby’s siblings. This always reduces the risk of post-transplant GVHD.||Suitable match. Here the public recipients have to be a suitable match for the transplant. Here, the chances of occurring GVHD is around 60% to 80%.|
|Costs a hefty amount of money.||Completely free.|