Luckily I got an answer clue in the link http://in.mathworks.com/matlabcentral/answers/8355-check-cell-s-contents-and-convert-to-matrix by Laura Proctor
Idea is to find character assign NaN and replace NaN values to Matrix
ival = cellfun(@ischar,raw1);
raw1(ival) = {NaN};
Paramet_1 = cell2mat(raw1);
Paramet_2=Paramet_1(2:(numel(Day)+1),:);
Paramet_2 contains my required datasets
Thanks Laura.Thanks Mathworks.