Health & Wellness

Cost of doing a Stemcell Banking?

March 21, 2023
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StemCell banking, also known as cord blood banking, involves the collection and storage of stem cells from umbilical cord blood or tissue. This service provides families with a potential treatment option for a wide range of diseases and conditions. The Cost of Stemcell Banking varies depending on the provider and the type of plan chosen.

Here’s a breakdown of the cost of stem cell banking in India:

  1. Initial Enrollment Fee: This fee covers the cost of enrolling in the stem cell banking service and ranges from INR 10,000 to INR 25,000 ($136 to $340).
  2. Processing Fee: This fee covers the cost of processing the stem cells and ranges from INR 40,000 to INR 75,000 ($545 to $1,020).
  3. Storage Fee: This fee covers the cost of storing the stem cells and is charged annually. The cost ranges from INR 3,000 to INR 10,000 ($40 to $136) per year.
  4. Shipping Fee: This fee covers the cost of shipping the stem cells to a medical facility if needed. The cost ranges from INR 3,000 to INR 5,000 ($40 to $68) per shipment.

The total cost of stem cell banking can vary widely depending on the provider, the type of plan chosen, and any additional fees that may be incurred. Some providers offer discounted pricing for long-term storage plans or multiple children. It’s important to research and compares providers to find the best plan that fits your budget and needs.

In India, there are several stem cell banking providers to choose from. Here’s a breakdown of the cost of stem cell banking from some of the top providers in India:

  1. LifeCell: LifeCell is one of the largest stem cell banking providers in India. They offer a range of plans starting at INR 39,990 ($545) for a 21-year storage plan, with annual storage fees of INR 3,000 ($40).
  2. Cryoviva: Cryoviva is another popular stem cell banking provider in India. They offer a range of plans starting at INR 34,000 ($463) for a 21-year storage plan, with annual storage fees of INR 3,500 ($47).
  3. StemCyte India: StemCyte India is a global stem cell banking provider with a presence in India. They offer a range of plans starting at INR 50,000 ($680) for a 21-year storage plan, with annual storage fees of INR 5,000 ($68).

It’s important to note that while stem cell banking can be a valuable investment for families, it’s not always a guarantee of future use. Stem cell therapies are still in their early stages of development, and the likelihood of needing a stem cell transplant is relatively low. However, for families with a history of genetic diseases or who want to have a potential treatment option for future health concerns, stem cell banking can provide peace of mind.

Conclusion

In summary, the cost of stem cell banking in India varies depending on the provider and the type of plan chosen. It’s important to research and compares providers to find the best plan that fits your budget and needs. While stem cell banking can be a valuable investment, it’s important to remember that it’s not always a guarantee of future use and should be considered carefully before making a decision in your life.