Stem Cell Banking is the process of collecting and storing stem cells for future medical use. These cells can be obtained from various sources, including umbilical cord blood, bone marrow, and adult tissues. Stem cells have the unique ability to develop into different types of cells, making them valuable for treating various diseases and injuries. The stored stem cells can be used in therapies for conditions like leukemia, lymphoma, and certain genetic disorders. Families may choose to bank stem cells for potential future use, ensuring that they have access to these vital cells if needed for medical treatments.