Louis A. Cona M.D.
How much does stem cell therapy cost? We explain the costs associated with stem cell treatment.
Stem cell therapies have become very popular in recent years, as people are seeking the latest alternative treatments for their many conditions. More and more types of therapies are being introduced every day, and people around the world are turning to them and rejecting traditional regimens of drugs and hospital visits. However, despite the large surge in demand for stem cell therapies, they still remain very expensive to pursue. Even simple joint injections can cost nearly $1,000 and more advanced treatments can rise in cost up to $100,000 depending on the condition. So, why are stem cell treatments so expensive?
Stem Cell Therapy can cost anywhere between $20,000 - $50,000 USD for expanded mesenchymal cord tissue-derived cells. The costs of therapy are often associated with differences in treatment options, quality of stem cells &
The short answer to that question is that the stem cell field is still highly specialized and has not been adopted by the mainstream and insurance companies. Additionally, the field is further restricted by older laws in the United States. That means that there are very few sources for stem cells, labs that are equipped to process stem cells, and reputable clinics that provide the treatments, most of which are located outside the US. Just as with an expensive food or item of clothing, the problem is with availability and production cost.
To fully understand the cost, you first have to look at the treatment preparation process. Stem cells are first acquired by companies that pay hospitals for donated cord tissue, or by doctors that perform fat tissue or bone marrow extractions. The cells are then sent to separate companies which run laboratories that specialize in stem cell expansion. These labs usually have very qualified and specialized staff members and are under the strict regulations of the FDA. The cells are then shipped in cryo-storage overnight around the world to the stem cell clinic. These clinics are staffed with doctors, nurses, and support staff that all play a part in the patient’s experience. This includes everything from marketing, to logistics and the actual medical care. In every stage of this process, there are heavy costs associated with time and labor, before the patient is ever given treatment.
Due to the nature of the laws in place, there are no forms of government assistance or incentives for any of these companies, unlike large drug companies. The cost of healthcare in the US is astronomical, but that is still with the large support structure in place for these healthcare companies. With no such support, the stem cell industry is left to provide treatment to patients, which incur most of the cost.Without coverage by most major insurance providers, the only option for patients is either to pay for treatment outright, fundraise for their treatment, or use forms of financing to fund themselves. In many ways, stem cell therapies are not priced differently than many major drugs and treatments, but patients do not always see the cost when working through their insurance. Stem cell therapy then becomes a personal choice. It is often sought after by patients that have had little success with conventional therapies, and wish to try an alternative. Stem cell medicine is still an emerging field and offers hope to many people to overcome their conditions.
Unfortunately, until stem cell medicine is more accepted into the mainstream and the laws are changed to encourage the field to develop, it will remain a highly specialized niche in healthcare. For this reason, treatment costs are not likely to change anytime soon. The best an inquiring patient can do is find a reputable clinic that provides treatments using the highest quality stem cells available to ensure they receive the best results possible.
DVC Stem is a stem cell therapy pioneer, offering stem cell therapies for years and has become a cornerstone of the medical tourism industry. Located in the tropical paradise of Grand Cayman in the Western Caribbean, we offer patients a nearby alternative to traveling long distances and to less ideal locations. Our protocols are IRB approved, and our cells come from regulated, U.S. based, FDA compliant laboratories. We seek to offer the highest quality products, the latest available treatments for a variety of conditions, all combined with a world-class setting and service.
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