Stem cell storing is picking up its importance with more and more people getting aware of the benefits they would reap in the later life .This is leading people to store their baby's umbilical cord blood as a form of biological insurance.People are willing to pay the heavy price to store the blood from the cord as it is less traumatic alternative to treat neurological problems and is safeguarding the family against ample number of diseases.Stem cell treatment is a therapy in which the new cells are implanted or injected into the damaged tissue.stem cells are giving hopes to millions of patients afflicted with chronic disease which do not respond to convectional treatments
Stem cells are carrying enormous potential in regards to health .To harness it's potential, scientists are doing deep study as to how stem cell transforms, or differentiates, into the diverse range of specialized cell that make human what he/she is today.Often diseases such as cancer or birth defects are thought to happen because of the problems in the differentiation process, an understanding of the developments that happens in normal cell will help scientists to treat the developmental errors that can occur in the cells

Stem Cells and Cell Based Therapies
The most potential application of stem cells is to form cells and tissues for medical purpose to treat the damages organs or chronic aliments. Currently,people wait for organ donation in a queue to get the organ from the donor so that it could be replaced .More over there is no garuntree wheather that organ will adjust with your body or not . As it is donated organs and tissues that are substituted for damaged or dysfunctional ones that are consumed by the second party. Sadly, the number of people awaiting a transplant is much higher than the number of available organs by the donors. Transplant waiting lists are huge and many people die awaiting for transplants.
The most blessed work of a Stem cell is that it offers a viable source of replacement cells are used to treat chronic diseases and can potentially reduce the morbidity and mortality for those awaiting transplants of organs. Some of the areas that stem cells can bring benefit to human beings include:
Parkinson's disease ,Type I diabetes .Arthritis Burn victims Cardiovascular diseases.

By implanting stem cells into the patient's body there is an exciting possibility to provide a renewable source of replacement cells for those suffering from diseases.

The biggest benefit is that it has the potential to reverse diseases and the healer is also not a foreign one. For eg; a patient who has suffered a heart attack and sustained the heart damage could have the damaged tissue replaced and repaired by healthy new muscle cells. The destruction of brain cells in the condition called Parkinson's disease can hopefully be reversed with the replacement of fresh, healthy and functioning brain cells. Even more promising benefit is its potential to address genetic defects that are present by birth .
Burn victims suffer an enormous amount of pain from their burns and wounds.They collaspe mentally Instead of getting a donor tissue. stem cells could be used to produce and replace new and healthy tissues. This therapy is already being used, as in case of bone marrow transplant, In which stem cells create different specialised blood cells and the patient starts getting better day by day. Scientists aim to locate and remove specific stem cells from a tissue and then trigger them to differentiate outside of the body before transplanting them back into the patient's body to replace the damaged tissues. In case of burn victims, a very tiny piece of the skin can be progressively grown, allowing the doctor to cover a burn that is often much larger than the original size of the skin piece implanted to do the need ful recovery for the rest of the burns .
The present benefits of stem cells usage are already well documented ,It is expected that further research will definitely pave the way for new treatments in medical field . For those suffering from serious aliments or diseases, stem cells brings hope for very effective treatment or may be a hope for the reversal of the diseases. Future will confirm the full success of stem cell therapies and using stem cells to treat debilitating medical conditions.

I remember when my children were born my mother told me to keep their umbilical cord ,she explained that whenever  in future a child gets conjunctivitis ,rub the cord on the grinding stone and apply the paste on the eyes the problem will go  and it really worked .TODAY IT MAKES ME THINK THATwas THERE ANY RELATION OF THIS STEM CELL WONDER IN THIS CURING? NOT SURE BUT MAY BE FUTURE FINDING MAY PROVE IT ,