The highly specialised bodily cells known as stem cells are the building blocks of the body's organs and tissues. The characteristics of stem cells, such as self-renovation and differentiation, set them apart from other bodily cells. They can be discovered in the placenta, embryo, cord blood, and bone marrow. Stem Cell Banking utilised to store these cells for potential use in the future in procedures like tissue engineering, gene therapy, and regenerative medicine, among others. One of the most promising areas of next-generation stem cell therapy is thought to be stem cell banking. Moreover, they are used to produce white blood cells, red blood cells, and platelets. The ability of stem cells to regenerate has led to its use in regenerative medicine, gene therapy, and tissue engineering.

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