Surrogacy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Surrogacy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • April 2022 •
  • 143 pages •
  • Report ID: 6269570 •
  • Format: PDF
The global surrogacy market reached a value of US$ 161.83 Million in 2021. Looking forward, the analyst expects the market to reach a value of US$ 240.56 Million by 2027, exhibiting a CAGR of 6.62% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Surrogacy refers to an arrangement wherein a surrogate agrees to carry and give birth to a child for another person or couple. It offers parenthood to an individual, members of the LGBT community and people struggling with infertility or other medical conditions, thereby enabling one or both parents to maintain a biological relationship with the child. At present, due to the growing cases of infertility on account of reduced sperm count or problems in egg or sperm production worldwide, there is a rise in the demand for surrogacy worldwide.

Surrogacy Market Trends:
Rising technological advancements in assisted reproductive technologies, along with the growing awareness among individuals about infertility treatments like sperm or egg donation and in-vitro fertilization (IVF), represents one of the key factors driving the market. Moreover, there is an increase in the prevalence of polycystic ovarian syndrome (PCOS) in women on account of stress, hormonal imbalance, reduced physical activity and lifestyle changes, which include smoking, alcoholism and the rising consumption of calorie-rich food. This, coupled with the growing number of fertility clinics around the world, is positively influencing the market. Besides this, there is an increase in the employment of gestational surrogacy by surrogacy professionals as it is less complicated compared to traditional surrogacy. Additionally, the expanding healthcare industry is offering lucrative growth opportunities to market players. These players are also focusing on mergers and acquisitions (M&A) and collaborations to expand their existing consumer base and bolster their overall profitability. Some of the other factors stimulating the market growth are strengthening fertility tourism, increasing inability to conceive, availability of cost-effective surrogacy and favorable reimbursement policies offered by governing authorities of numerous countries.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global surrogacy market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, technology and service provider.

Breakup by Type:
Gestational Surrogacy
Traditional Surrogacy

Breakup by Technology:
IVF without ICSI
Intrauterine Insemination

Breakup by Service Provider:
Fertility Clinics

Breakup by Region:
North America
United States
South Korea
United Kingdom
Latin America
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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 and Scanfert Clinic.

Key Questions Answered in This Report:

How has the global surrogacy market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global surrogacy market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the service provider?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global surrogacy market and who are the key players?
What is the degree of competition in the industry?