Global Surrogacy Market Overview 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Surrogacy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global Surrogacy market trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global surrogacy market size reached US$ 172.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 245.9 Million by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.

Surrogacy constitutes a contractual agreement wherein a surrogate carries and gives birth to a child on behalf of intended parents who may face medical or other impediments preventing them from doing so themselves. The process involves intricate steps such as in vitro fertilization (IVF), embryo transfer, and prenatal care, necessitating precise medical supervision. Financially, surrogacy incurs substantial expenses, encompassing compensation for the surrogate, medical costs, legal charges, and agency fees. This avenue serves as a resolution for individuals encountering medical challenges that obstruct their ability to carry a pregnancy or transmit genetic disorders. Additionally, it offers a means for individuals and couples to establish and extend their families when alternative options are unattainable.

Global Surrogacy Market Trends and Drivers:

Currently, the surge in surrogacy adoption is a key driver for market growth, granting individuals and couples enhanced authority over their reproductive decisions, encompassing surrogate selection and optimal timing for parenthood. Moreover, the escalating incidence of fertility challenges in women, attributed to polycystic ovarian syndrome (PCOS) and lifestyle-related disorders, is bolstering market expansion. Additionally, the increasing integration of telemedicine and digital health platforms to streamline communication among intended parents, surrogates, and healthcare providers is creating a favorable market landscape. Furthermore, the growth of the market is propelled by delayed parenthood due to career ambitions and lifestyle preferences.

Global Surrogacy Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Bourn Hall Clinic, CARE Fertility, Circle Surrogacy & Egg Donation, Extraordinary Conceptions, Growing Generations LLC, Houston Fertility Center, IVIRMA Global, Max Healthcare, New Hope Fertility Center, Nova IVF, Ovation Fertility, Scanfert Clinic etc.

The report segmented the market on the basis of region, type, technology and service provider.

Breakup by Type:

  • Gestational Surrogacy
  • Traditional Surrogacy

Breakup by Technology:

  • IVF with ICSI
  • IVF without ICSI
  • Intrauterine Insemination

Breakup by Service Provider:

  • Hospitals
  • Fertility Clinics
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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