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Contrary to common perception, the use of umbilical cord blood in healthcare is not very new. In fact, the first known cord blood transplant took place over 30 years ago in 1988. Since then, there have been well over 20,000 cord blood transplants worldwide and there is an inventory of over 3,000,000 units of stored cord blood globally.
While cord blood banking is gaining wider acceptance, there are several reasons why it has taken so long to do so.
The belief that they may never need cord stem cells for transplant: To parents who discount the need for cord component storage on the basis of belief that the probability of them needing stem cells for transplant is low, we hope the belief holds true! The need for transplant may indeed be a low probability event; however, life does throw up nasty shocks. The key is to be prepared for these unforeseen eventualities so that you are more likely to get desirable outcomes. The price you pay to be prepared for such unforeseen circumstances will most likely pale in comparison to the risk of not doing so.
Concerns about the credentials and long-term reliability of the cord blood bank: In a country like Singapore with a well-developed and well-regulated healthcare system matching the best in the world, these concerns probably hold less merit. Nevertheless, speaking for ourselves, AABB-accredited Cryoviva has strong credentials with a well-established track record in the field of cord blood banking and an experienced management team backed by committed investors. Any institution in this space has to be in it for the long haul- we surely are!
As you can see, most of the above factors and concerns related to the adoption of cord blood banking have already been addressed or are being addressed. With greater awareness of cord blood banking and the treatment potential of cord stem cells, the availability of world-class facilities and the assurance of being able to readily access the stored stem cells in future, we are confident that adoption of cord component storage will grow rapidly in Singapore and the ASEAN region.
Interested in finding out more about cord blood banking in Singapore? Contact us now through the form on this page or WhatsApp us on +65- 83398482 and let our customer service consultants address your queries.
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