Global Surrogacy Market Size study, by Type (Gestational Surrogacy, Traditional Surrogacy), by Technology (Intrauterine insemination (IUI), In-vitro fertilization (IVF), Others), by Age Group (Below 35 Years, 35-37 Years, 38-39 Years, 40-42 Years, 43-44 Years, Over 44 Years), by Service Provider (Hospitals, Fertility Clinics, Others), and Regional Forecasts 2022-2032
Global Surrogacy Market was valued at approximately USD 17.48 billion in 2023 and is expected to expand at a robust CAGR of over 24.57% from 2024 to 2032. Surrogacy, a critical component of assisted reproductive technology (ART), involves a surrogate carrying and delivering a child for intended parents. This market comprises a range of legal, medical, and logistical services provided by agencies, fertility clinics, and legal experts. As social acceptance of surrogacy increases and advancements in ART become more widespread, the market continues to grow, especially in regions where surrogacy is legally permitted and well-regulated.
The expansion of the surrogacy market is driven by multiple factors, including the increasing infertility rates worldwide, the rising acceptance of surrogacy among various social groups, and continuous advancements in reproductive technologies. These elements collectively contribute to the rising demand for surrogacy services. Additionally, the market is witnessing significant opportunities as awareness grows, regulations become more favorable in certain regions, and technological innovations enhance the success rates and safety of surrogacy procedures. However, the market also encounters challenges, such as legal complexities, high costs, and ethical considerations, which can vary significantly depending on the country.
The key regions considered for the market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World, North America holds a dominant position in the surrogacy market in 2023, benefiting from advanced healthcare systems, favorable legal frameworks, and a high concentration of fertility clinics. The United States, in particular, leads the market due to its comprehensive legal infrastructure and widespread availability of surrogacy services. Furthermore, the Asia-Pacific region is experiencing the fastest growth, driven by increasing demand for surrogacy services in countries such as India and Thailand. These countries attract international clients due to lower costs and improving medical facilities, further supported by growing awareness and evolving legal environments.
Major market players included in this report are:New Hope Fertility Clinic
Bourn Hall Fertility Clinic
Extraordinary Conceptions
Ovation Fertility
CARE Fertility Group
Nova IVI Fertility
Clinic Scanfert
IVI RMA Global
Growing Generations LLC
Houston Fertility Center
The detailed segments and sub-segment of the market are explained below:By Type
• Gestational Surrogacy
• Traditional Surrogacy
By Technology
• Intrauterine Insemination (IUI)
• In-vitro Fertilization (IVF)
• Others
By Age Group
• Below 35 Years
• 35-37 Years
• 38-39 Years
• 40-42 Years
• 43-44 Years
• Over 44 Years
By Service Provider
• Hospitals
• Fertility Clinics
• Others
By Region:
North America
• U.S.
• Canada
Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE
Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC
Latin America
• Brazil
• Mexico
• RoLA
Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA
Years considered for the study are as follows:• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032
Key Takeaways:• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.