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Stem cell banking is often seen as a waste of money for several reasons:
Low Use Probability: The chances of needing stored stem cells are very low.
Limited Applications: Current treatments rarely use a person’s own stem cells.
High Costs: Banking fees are high and ongoing.
Advances in Medicine: Future treatments may not rely on stored stem cells.
Public Banking: Public banks are more likely to see the stored cells used.
Overall, the investment in private stem cell banking is typically not justified.