Surrogacy Market Anticipated to Reach USD 145.21 Billion by 2032
Rising Infertility Rates and Evolving Family Structures Drive Market Expansion
The Surrogacy Market Growth is projected to experience substantial growth, with market size expected to increase from USD 25.74 billion in 2024 to approximately USD 145.21 billion by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 24.14% during the forecast period from 2025 to 2032.
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Market Estimation & Definition
Surrogacy is a reproductive arrangement wherein a woman, known as the surrogate, carries and delivers a child on behalf of another individual or couple, referred to as the intended parents. This method is often utilized when intended parents face challenges in conceiving or carrying a pregnancy to term due to factors such as infertility, medical conditions, or other circumstances.
Market Growth Drivers & Opportunities
Several key factors are propelling the growth of the surrogacy market:
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Segmentation Analysis
The surrogacy market can be segmented based on type, technology, and service provider:
By Type:
By Technology:
By Service Provider:
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Country-Level Analysis
United States:
The U.S. surrogacy market is regulated at the state level, with states like California emerging as leading hubs due to favorable legal frameworks. The country's advanced healthcare infrastructure and progressive societal attitudes have made it a preferred destination for both domestic and international intended parents.
India:
India has been a prominent player in the global surrogacy market, offering cost-effective services. However, recent regulatory changes have imposed restrictions on commercial surrogacy to protect surrogate mothers from exploitation, impacting the market dynamics.
Ukraine:
Ukraine has emerged as a favorable destination for surrogacy due to its supportive legal environment and relatively affordable services. The country's well-established fertility clinics attract intended parents from various countries.
Competitive Analysis
The surrogacy market is characterized by the presence of numerous fertility clinics, hospitals, and surrogacy agencies striving to offer comprehensive and ethical services. Key players are focusing on enhancing success rates, ensuring legal compliance, and providing psychological support to both surrogates and intended parents. Collaborations with international organizations and adherence to global best practices are common strategies adopted to strengthen market positions.
Ethical and Legal Considerations
The surrogacy market operates within a complex ethical and legal landscape. Concerns regarding the exploitation of surrogate mothers, especially in economically disadvantaged regions, have led to stringent regulations in several countries. For instance, Mexico has become a popular destination for commercial surrogacy due to economic disparities, raising ethical questions about the practice.
Additionally, the varying legal status of surrogacy across different jurisdictions necessitates careful navigation by intended parents and service providers to ensure compliance and protect the rights of all parties involved.
Conclusion
The global surrogacy market is on a trajectory of substantial growth, driven by factors such as rising infertility rates, advancements in reproductive technologies, and evolving societal norms embracing diverse family structures. However, ethical and legal challenges persist, requiring continuous efforts to establish frameworks that protect the rights and well-being of both surrogates and intended parents. As the market expands, stakeholders must prioritize ethical considerations and work towards creating an environment that supports safe and equitable surrogacy practices worldwide.
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Global Surrogacy Market was valued US$ 19.8 Bn in 2020 and is expected to reach US$ 28.80 Bn by 2027, at a CAGR of 24.10 % during a forecast period.The Surrogacy Market Size 2021-2027 provides detailed competitive analysis, including market share, size, future scope, and future outlook.
Companies are investing heavily in new electric mopeds and scooters to make them more efficient.Get a Sample PDF of the Report at : Request Free Sample ReportList Of TOP KEY PLAYERS in Surrogacy Market Report are - • New Hope Fertility Center• IVI-RMA Global• Scanfert AVA Clinic• Ovation Fertility• Bourn Hall Fertility Clinic• Morpheus Life Sciences Pvt.
Ltd.• Growing Generations, LLC• Circle Surrogacy• Nova IVI Fertility• Bangkok IVF Center• Extraordinary Conceptions• Merck Serono• IARC Surrogacy• New Life Global Network• Max Healthcare• Care Fertility Group• Cardone & Associates Reproductive Medicine & Infertility, LLCCOVID-19 Impact on Market:In December 2019, the COVID-19 epidemic began in Wuhan (China), and has been spreading rapidly around the world.
Due to travel bans and lockdowns, the COVID-19 epidemic has affected many countries' economies and industries.
This outbreak has caused major disruptions in the global food and drink industry, including supply chain breakdowns, cancellations of technology events, and office closures.
Due to the closing of factories and other obstacles in the supply chain, COVID-19 is affecting overall market growth.Segmentation of the Global Surrogacy Market by Types, Applications, and Region:• Intrauterine insemination (IUI)• In-vitro fertilization (IVF)o Classical/standard IVFo Intracytoplasmic sperm injection (ICSI)• OthersThe global Surrogacy market has been analysed and market size information provided by countries (regions).
