The intended parents collaborate with a surrogate who carries the child until birth in the surrogacy procedure of assisted reproduction. By fusing the sperm and the egg in a laboratory using in-vitro fertilization (IVF), the embryos are produced at a fertility clinic. The embryos are implanted into the surrogate mother, who will bear the baby till delivery, with the consent of the intended parents, who may use their own genetic material. For people who are unable to get pregnant and have children, gestational surrogacy is useful. Intended Parents (IPs) are those who consider adopting a child through surrogacy. When a donor is needed, either sperm or eggs, strong support is needed along the way as well as legal competence.
Global Surrogacy Market is expected to project a CAGR of 6.7% during the forecast period (2023 – 2032).
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The Global Surrogacy Market was valued at 167.4 million USD in 2023 and is projected to reach 347.9 million USD by 2032, growing at a CAGR of 6.7% during the forecast period, 2023-2032, as a result of rising infertility cases and increased public awareness of infertility issues, both of which are anticipated to drive market growth. The global surrogacy market is anticipated to grow as fertility-related techniques continue to progress and gamete contributions increase.
Top Companies Market Share in Surrogacy Industry: (In no particular order of Rank)
- New Hope Fertility Center
- IVI-RMA Global
- Scanfert AVA Clinic
- Bourn Hall Fertility Clinic
- Nova IVI Fertility
- Ovation Fertility
- Bangkok IVF Center
- Extraordinary Conceptions
- Cardone & Associates Reproductive Medicine & Infertility
- Max Healthcare
- Growing Generations
- Circle Surrogacy
- Morpheus Life Sciences
Read the full report: https://isayinsights.com/report/2845/surrogacy-market
Type Segment Analysis of Surrogacy Market
Type of Surrogacy analyzed in this report are as follows:
- Intrauterine insemination (IUI)
- In-vitro fertilization (IVF)
- Others
Application Type Segment Analysis of Surrogacy Market
Some of the key Application Type of Surrogacy are:
- Hospitals
- Fertility clinics
- Others
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