Hematopoiesis can be broadly divided into two stages:
1. Hematopoietic Stem Cell (HSC) Differentiation: HSCs, which reside in the bone marrow, are multipotent cells that can differentiate into various blood cell types. 2. Progenitor Cell Differentiation: These progenitor cells further differentiate into specific blood cell lineages such as myeloid and lymphoid cells.