BANGALORE: As per the survey conducted by Cypro-Save India, the Indian arm of Europe’s largest family stem cell banking company, 59 per cent of expectant fathers confessed that their biggest fear is the crunch on personal money that parenthood is likely to impose on them. Thirty five per cent of fathers feared loss of personal identity. About 50 per cent of expectant mothers felt their biggest sacrifice would be their careers. The figures support an increasing trend among the couples to invest more time in a stable career and securing their financial future ahead of having children.This was further reiterated by figures that indicated that only 32 per cent of mothers and one per cent of fathers were willing to quit their jobs for raising a child, full-time. The survey is an attempt by Cryo-Save to understand the fears and aspirations of new-age parents in India with whom the company has been trying to build awareness on the merits of stem cell banking. What came as a surprise was that in a city such as Bangalore with the huge educated audience, a whopping 63 per cent of expectant parents did not know of new age health care possibilities such as genetic testing or stem cell banking. Commenting on the trend, Rajesh Sharma, CEO, Cryo-Save India said, “Many couples are anxious about the challenges of raising children in today’s demanding world. Our parents had a very few choices when we were growing up. Today, technology to improve various aspects of their lives, they seem woefully ill-informed when it comes to emerging technologies in health care. Cryo-Save is in the business of stem cell banking which, today, offers numerous possibilities for cure and regeneration. Sadly, there are very few who even know about it, in spite of having so much information at their disposal. This raises some pressing questions on how seriously young couples are looking at health care for their children.”In contrast, in countries such as the US, expectant parents are aware of new health care possibilities such as stem cell banking and therapy as physicians are mandated to share inform on the benefits. This is not the case in India. Stem cell banking in India is still in its nascent stages. The survey was conducted across eight major cities in India that included Mumbai, Delhi, Chennai, Bangalore, Ahmedabad, Pune, Hyderabad and Kolkata and covered three hundred ninety one couples expecting children.
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