Awareness is one of the most effective tools to take care of both your family’s health and finances. Like when you choose a private cord blood banking service for stem cell storage, it is crucial to be aware of whether the authorized storage procedure is followed or not, and how much cord blood storage costs, which can save you from surprises later. After all, the aim is to preserve your child’s stem cells safely for future health requirements without breaking the bank. 

That’s why, like many other Singaporean parents, you can choose a reliable private bank like Cryoviva for an affordable and pocket-friendly solution. Our pricing ranges between 5,000 to 8,000 SGD, offering you real value for money for your family’s future. 

Read this blog to know what influences cord blood banking costs in Singapore and how you can choose the best partner for yourself.

How Is Cord Blood Storage Cost Decided in Singapore?

The stem cell preservation cost can vary, based on the cord blood bank you have contacted in Singapore. A trustworthy bank will provide you with maximum benefits at an affordable rate.

Here are the main factors that can contribute to the final price:

• Fees for Collection

This is generally a one-time charge that covers the specialized collection kit used to collect cord blood safely during delivery. But you can also buy this kit by yourself. 

• Fees for Collection Procedure

Hospitals, clinics, or collecting agencies charge separately for staff and equipment required to collect cord blood right after delivery.

• Fees for Processing & Testing

After collecting the blood, it is delivered to the lab for processing and testing for any infection. They ensure stem cells are pure, viable, and safe for storage. These processing and screening tests are included in the final price.

• Initial Storage Cost

This fee can be included in the final price for preparing the cord blood sample for long-term cryogenic storage in their facility.

• Fees for Annual or Long-Term Storage 

You can pay your service provider storage fees either yearly or for a fixed duration (e.g., 21 years) for keeping the sample secure and ready for use. Some private cord blood banks also offer a lump-sum payment option. 

• Type of Cells Stored

If you have decided to store both cord blood and cord tissue, then it’s costlier than storing just cord blood alone because it involves extra processing, testing, screening, and space.

• Selection of Service Provider

Some well-known or accredited providers that offer advanced facilities and quality assurance may charge extra fees compared to smaller or newer banks.

• Add-On Services

If you have opted for extra services such as genetic testing, stem cell expansion, or insurance, this can be added to your final price.

Choosing the Right Stem Cell Bank

Choosing the right stem cell bank can be tricky because if you consider a lower price, quality of service may suffer, while opting for the most expensive one could strain finances. 

So, what’s the solution? Taking the middle ground where quality meets affordability. Look for a bank like Cryoviva Singapore that offers reliable storage, accredited processing, and the cheapest cord blood banking at 5,000 to 8,000 SGD, along with good customer support without draining your bank. 

This affordable strategy ensures the best storage of your baby’s stem cells with reasonable costs and peace of mind.

Choose the reliable stem cell bank having the following qualities:

• Have Test Costs Coverage in Their Plan

There might be a situation when the baby requires a stem cell transplant; then the contracted cord blood bank should bear the cost of all tests to ensure that the stored cord blood is safe to use.

• They Will Support You in Challenging Moments

When the earning parent gets a partial or permanent disability, then the reliable bank should waive future payments.

• Worldwide Transfer of the Specimen

The bank must have a well-coordinated network to transfer cord blood anywhere in the overall world for approved transplants, aligned with all regulatory rules.

• They Follow Legal Standards

Your bank should have AABB accreditation for both cord blood and cord tissue.

• Quipped with Advanced Technology

Reliable cord blood banks are equipped with advanced technology, the AXP Processing Bag (FDA-cleared, functionally closed automated system). This ensures lesser cord blood processing time, and it’s a cost-effective method.

Conclusion

Preserving stem cells with the help of private cord blood banking does not mean that you have to pay a fortune. All you need to know is that a reliable bank such as Cryoviva Singapore offers you all the above-mentioned benefits, like a 100% refund policy. Because we believe in making you feel confident that your child’s stem cells are safe at a pocket-friendly price.