Yes, it is worth it to store umbilical cord blood stem cell banking. New parents are beginning to bank their baby’s cord blood cells in the hope that they can be used to treat serious diseases later on in the child’s life. Many of them have been told that the cells can already be used to treat about 80 blood and immunological conditions. So they fork out thousands a year for the service. “Globally, around 50,000 cases of cancer have been treated with stem cells from cord blood, but banking is not a feasible solution because the amount preserved is not enough for bone marrow transplants in adults,” For example, if one child has leukemia and has a newborn sibling, instead of using the cord blood doctors would rather wait for a couple of years and use the bone marrow of the younger child for transplant On average, only about 0.004% to 0.005% of people who store cord blood end up using it for their own treatment Best company for both public and private banking is StemCyte India.