surrogacy market

Surrogacy Industry

Summary:

  • The global surrogacy market size reached USD 183.4 Million in 2023.
  • The market is expected to reach USD 306.9 Million by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.
  • North America leads the market, accounting for the largest surrogacy market share.
  • Gestational surrogacy accounts for the majority of the market share in the type segment due to its legal and ethical advantages, as the surrogate has no genetic ties to the child, providing clarity and security for both the surrogate and intended parents.
  • IVF with ICSI holds the largest share in the surrogacy industry.
  • Fertility clinics remain a dominant segment in the market, due to their comprehensive offerings of advanced reproductive technologies, personalized medical care, and legal support throughout the surrogacy process.
  • The growing demand for surrogacy among LGBTQ+ couples and single parents is a primary driver of the surrogacy market.
  • Rising infertility rates, along with the increased availability of cross-border surrogacy options are reshaping the surrogacy market.

Industry Trends and Drivers:

  • Increasing awareness and social acceptance of surrogacy:

The surrogacy market has seen substantial growth due to rising awareness and increasing social acceptance. Over the last decade, discussions around infertility, LGBTQ+ rights, and non-traditional family structures have become more common, breaking down stigmas associated with surrogacy. This awareness has led to more individuals understanding the process, legalities, and emotional aspects of surrogacy, making it a viable option for individuals and couples who cannot conceive naturally. This trend is particularly evident in countries where legal frameworks for surrogacy have been established, providing protection for both surrogate mothers and intended parents. Additionally, as celebrities and public figures openly share their surrogacy journeys, it further normalizes the practice. These stories in media have a strong influence, motivating others to consider surrogacy as a legitimate way to build families. Fertility clinics and agencies have also contributed by providing educational resources and counseling services to alleviate concerns, helping intended parents understand the process, costs, and emotional aspects of surrogacy.

  • Technological advancements in assisted reproductive technology (ART):

The surrogacy market is heavily influenced by technological advancements in assisted reproductive technology (ART). Innovations in in-vitro fertilization (IVF), genetic screening, and embryo transfer have significantly increased the success rates of surrogacy arrangements. Today, preimplantation genetic diagnosis (PGD) and preimplantation genetic screening (PGS) allow for healthier embryos to be selected, reducing the chances of genetic disorders and increasing the likelihood of successful pregnancies. These advances have made the surrogacy process more reliable and accessible, especially for intended parents who may have previously faced multiple failed attempts. Additionally, the freezing of embryos and eggs through vitrification has improved the flexibility of the surrogacy timeline, allowing intended parents to preserve fertility and match with surrogates at a later date. Egg donation services have also become more sophisticated, offering better screening and matching processes to ensure compatibility between donors and intended parents.

  • Legal frameworks and favorable policies:

Legal developments play a crucial role in the expansion of the surrogacy market. Countries that have established clear legal frameworks governing surrogacy arrangements have seen significant growth in the demand for surrogacy services. These frameworks often outline the rights of the surrogate mother and intended parents, ensuring legal protection for both parties. In countries such as the United States, where surrogacy laws vary by state, states with favorable laws, such as California and New York, have become popular destinations for surrogacy. Similarly, countries such as Ukraine, Georgia, and certain states in India have emerged as surrogacy hubs due to their relatively straightforward legal processes and lower costs compared to Western countries. These favorable legal environments encourage intended parents from countries where surrogacy is either banned or highly regulated to seek services abroad, contributing to the international growth of the surrogacy market.

For an in-depth analysis, you can request a sample copy of the report: https://www.imarcgroup.com/surrogacy-market/requestsample

 

Surrogacy Market Report Segmentation:

Breakup By Type:

  • Gestational Surrogacy
  • Traditional Surrogacy

Gestational surrogacy dominates the market as it allows intended parents to have a biological connection to the child, making it a preferred option for many.

Breakup By Technology:

  • IVF with ICSI
  • IVF without ICSI
  • Intrauterine Insemination

IVF with ICSI holds the maximum number of shares due to its high success rate in overcoming male infertility issues by directly injecting sperm into the egg, improving fertilization outcomes.

Breakup By Service Provider:

  • Hospitals
  • Fertility Clinics
  • Others

Fertility clinics represent the largest segment as they offer specialized medical expertise, advanced reproductive technologies, and a streamlined surrogacy process under one roof.

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

North America holds the leading position owing to a large market for surrogacy driven by its well-established legal frameworks, advanced fertility clinics, and high demand from both domestic and international intended parents.

surrogacy market

Top Surrogacy Market Leaders:

  • 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

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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