Health & Wellness Trends

Surrogacy Market Size, Share, Report and Forecast 2024-2032

The global surrogacy market value was USD 178.57 billion in 2023, driven by factors such as the growing acceptance of same-sex marriages globally. The market size is anticipated to grow at a CAGR of 9.5%  during the forecast period of 2024-2032 to achieve a value of USD 393.30 billion by 2032.

Surrogacy: Introduction

Surrogacy is a reproductive arrangement where a woman, referred to as a surrogate, agrees to carry and give birth to a child for another person or couple, known as the intended parents. This arrangement is often sought by individuals or couples who are unable to conceive or carry a pregnancy to term, including those facing infertility, same-sex couples, and single individuals. There are two main types of surrogacy: traditional surrogacy, where the surrogate is genetically related to the child as her own egg is used, and gestational surrogacy, where the surrogate has no genetic link to the child as the embryo is created using the egg and sperm of the intended parents or donors. Surrogacy involves complex legal, ethical, and emotional considerations and is regulated differently across the world, with some countries allowing it under strict guidelines, while others have significant restrictions or outright bans. As such, surrogacy often involves intricate legal agreements to ensure the rights and responsibilities of all parties involved.

Key Trends in the Global Surrogacy Market

The global surrogacy market has experienced significant growth, driven by factors such as increasing infertility rates, advancements in reproductive technologies, and greater societal acceptance of surrogacy as a means of family building. With the rising prevalence of conditions like PCOS and endometriosis, along with lifestyle-related fertility issues, the demand for surrogacy services has increased. Technological advancements in assisted reproductive techniques (ART) have also made surrogacy more accessible and successful, contributing to market expansion.

Geographically, the market has seen shifts due to changing legal landscapes. Some countries with previously lenient regulations, like India and Thailand, have tightened restrictions, leading intended parents to seek services in other nations. In contrast, certain states in the U.S. and countries like Ukraine and Georgia have become popular destinations due to favorable legal frameworks. The market also faces ethical and regulatory challenges, with ongoing debates over the rights of surrogates, children, and intended parents, as well as concerns about commercialization and exploitation

The COVID-19 pandemic initially disrupted the market due to travel restrictions and healthcare priorities, but it also led to increased interest in family planning. Looking ahead, the surrogacy market is poised for further growth, influenced by legal reforms, technological advancements, and evolving social attitudes towards non-traditional family structures.

Global Surrogacy Market Segmentations

Market Breakup by Type 

  • Gestational Surrogacy
  • Traditional Surrogacy

Market Breakup by Technology  

  • IVF with ICSI
  • IVF without ICSI
  • Intrauterine Insemination
  • Others

Market Breakup by End User 

  • Hospitals
  • IVF Centres
  • Others

Market Breakup by Region 

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Surrogacy Market Overview

The global surrogacy market has been witnessing a notable transformation, driven by socio-economic, legal, and technological factors. In recent years, surrogacy has become increasingly mainstream, primarily due to rising infertility rates, the growing acceptance of same-sex marriages, and an uptick in single individuals seeking parenthood. The market was also being shaped by advancements in assisted reproductive technologies (ART), making surrogacy more accessible and efficient.

However, the global landscape of surrogacy was complex and fragmented, marked by a stark divergence in legal frameworks across countries. While some regions, notably parts of the United States and Ukraine, had well-established and regulated surrogacy industries, others like many European countries maintained stringent restrictions or outright bans. This legal patchwork led to ‘surrogacy tourism’, with intended parents often traveling to countries with favorable laws.

The market also faced ethical and moral debates, particularly around the rights and protections of surrogates and children. Despite these challenges, the demand for surrogacy services continued to grow, driven by demographic shifts and evolving societal norms. The industry, therefore, was not just navigating through legal and ethical complexities but was also innovating in response to the changing needs and expectations of intended parents.

Global Surrogacy Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

  • New Hope Fertility Clinic
  • Houston Fertility Center
  • Ovation Fertility
  • Extraordinary Conceptions
  • CARE Fertility
  • Growing Generations, LLC

About Us:

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organizations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organization remains agile, proactive, and poised for success in today’s competitive market.

Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organization’s future success by acquiring one of our Expert Market Research reports today.

Media Contact:

Company Name: Claight Corporation
Contact Person: Joe Goldberg, Business Consultant
Toll-Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Back to top button

AdBlock Detected

AdBlock Detected: Please Allow Us To Show Ads