The global surrogacy market size reached US$ 183.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 306.9 Million by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Surrogacy Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
2024-2032," the global surrogacy market size reached US$ 183.4 Million in
2023.
Factors Affecting the Growth of the Surrogacy Industry:
Advancements in Reproductive Technology:
Innovations in reproductive technology, such as in vitro fertilization (IVF), are
making surrogacy a viable option for individuals. These advancements have
refined techniques for embryo transfer, embryo screening, and genetic testing,
leading to higher success rates and safer pregnancies.
Additionally, innovations like gestational surrogacy, where the surrogate
carries an embryo not genetically related to her, expand the possibilities for
intended parents, including same-sex couples and individuals with fertility
issues. Furthermore, improvements in reproductive technologies assist in
enhancing the efficiency and safety of surrogacy procedures, which is
bolstering the market growth.
4. Report Highlight
and Description
Rising Acceptance of Surrogacy:
The growing demand for surrogacy due to the increasing acceptance and
awareness among individuals about its role in family building is offering a
positive market outlook. Media representation, celebrity endorsements, and
personal stories play a crucial role in destigmatizing surrogacy and
highlighting its benefits for intended parents facing infertility or other
challenges.
In addition, the rising adoption of surrogacy as a means of fulfilling parenthood
dreams is supporting the growth of the market. Furthermore, surrogates
undergo thorough medical and psychological screening to ensure they are
physically and emotionally capable of carrying out pregnancy, reducing the
risks associated with pregnancy complications.
Legal Frameworks and Regulations:
Legal frameworks and regulations related to surrogacy across the globe are
propelling the growth of the market. Favorable regulations, such as well-
defined surrogacy laws, enforceable contracts, and supportive court systems,
make these procedures more accessible and attractive among the masses.
5. Report Highlight
and Description
Legal reforms in several jurisdictions provide clearer guidelines and
protections for surrogates, intended parents, and children born via surrogacy.
Moreover, governing agencies of various countries are organizing campaigns to
generate awareness among individuals about the wide availability of treatment
options related to infertility issues, which is contributing to the market growth.
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6. Report Description
Global Surrogacy Market Trends:
The increasing demand for surrogacy services due to changing lifestyles of individuals is propelling the growth of
the market. People are facing infertility issues on account of various factors, such as delayed parenthood, career
priorities, and lifestyle choices. Apart from this, improvements in the success rates of surrogacy procedures
assist in enhancing confidence among individuals across the globe.
Furthermore, the wide availability and affordability of surrogacy services are impelling the growth of the market.
The rising number of specialized infertility centers is supporting the market growth. Increasing preferences for
high-quality services among individuals is bolstering the market growth.
Looking forward, IMARC Group expects the market to reach US$ 306.9 Million by 2032, exhibiting a growth
rate (CAGR) of 5.8% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/surrogacy-market
7. Report
Segmentation
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
9. Competitive
Landscape with
Key Players
• 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
10. Key Questions
Answered in
the Report
What was the size of the global surrogacy market in 2023?
What is the expected growth rate of the global surrogacy
market during 2024-2032?
What are the key factors driving the global surrogacy market?
What has been the impact of COVID-19 on the global
surrogacy market?
What is the breakup of the global surrogacy market based on
the type?
What is the breakup of the global surrogacy market based on
the technology?
What is the breakup of the global surrogacy market based on
the service provider?
What are the key regions in the global surrogacy market?
Who are the key players/companies in the global surrogacy
market?
11. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Surrogacy Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Gestational Surrogacy
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Traditional Surrogacy
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Technology
7.1 IVF with ICSI
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
12. Table of
Contents
7.2 IVF without ICSI
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Intrauterine Insemination
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
8 Market Breakup by Service Provider
8.1 Hospitals
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Fertility Clinics
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Others
8.3.1 Mark et Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Mark et Trends
9.1.1.2 Mark et Forecast
9.1.2 Canada
9.1.2.1 Mark et Trends
9.1.2.2 Mark et Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Mark et Trends
9.2.1.2 Mark et Forecast
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