Medicine is very ancient and conservative field of science. You can separate several technological progresses: XIX century revolution caused by antibiotics, last century - DNA code, and the last science fashion - nanotechnology, which is also implementing in medicine. Modern technologies allow to diagnose the disease, even to determine chromosome or gene defects. However some diseases are resistant for treatments. This includes many forms of blood cancer and other diseases.
It is proven that cord blood is very valuable for treating blood cancer or other blood disorders, immune system diseases. Cord blood is a source of young stem cells. Besides blood forming stem cells, cord blood is full of mesenchymal stem cells. These cells can be used for tissue regeneration. Scientists has differentiated neural, cartilage, bone, muscle and other types of tissue cells and already successfully used them in some clinical trials. Many scientists are working in stem cell research field and trying to use their potential in therapy. Therefore it is obvious that these little cells has a big value.
The list of disease treated using stem cells is constantly growing. It's only a matter of time when they will be used in general medicine. Storage of your own stem cells assures possibility to use them in future for cell therapy. These cells could treat autoimmune disorders (multiple sclerosis, diabetes, ect.). You could say that nature and technologies made it possible to take care of your and your children health in advance. All you need is to collect and store cord blood.