The growing awareness of the usefulness of stem cells in treating various metabolic, immunological, and blood disorders is probably one of the main drivers of the global umbilical cord banking market over the anticipated period. Stem cells preserve the basic genetic formation of an individual in the form of pluripotent cells that can be converted into a wide variety of cell types in the human body. This makes them very important in the field of research for diseases such as blood-related diseases, immune system diseases, cancers, and metabolic disorders.
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