What a "stem cell" actually is.
The phrase "stem cell" covers at least five different kinds of cells with wildly different abilities, risk profiles, and regulatory treatment. When a clinic says "stem cell therapy" without specifying which cell, in what preparation, from what source, they are either being sloppy or deliberately opaque. Most of what is actually offered in the regenerative-medicine clinics you've heard of is not, strictly, a stem-cell therapy at all.
The two most common preparations in legitimate clinics today are mesenchymal stromal cells (MSCs) and the extracellular vesicles they secrete (often called exosomes). MSCs are adult cells, sourced most often from umbilical-cord tissue donated after a healthy birth, or from the patient's own adipose or bone marrow. They are emphatically not embryonic stem cells, which are a different category with a different legal and ethical history and are not used in any COFEPRIS- or FDA-authorized clinical program for the indications discussed on this site.
MSCs do not, for the most part, become new tissue. They do not turn into cartilage the way you'd grow a new fingernail. Their role is closer to that of a dispatch center: they sense damaged tissue, park nearby, and secrete a complicated soup of signals that instruct the body's existing repair machinery to do its job better. This is called paracrine signaling, and it is the mechanism most of the evidence actually supports.
The honest limit: we do not, in 2026, fully understand the dose-response curve, the optimal route of administration for every indication, or why some patients respond dramatically and others not at all. Anyone who tells you otherwise is selling.