Global Surrogacy Market Size study, by Type, by Technology (Intrauterine insemination, In-vitro fertilization, Others), by Age Group, by Service Provider, and Regional Forecasts 2022-2032

Description

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

Chapter 1. Global Surrogacy Market Executive Summary

1.1. Global Surrogacy Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Technology
- 1.3.3. By Age Group
- 1.3.4. By Service Provider
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Surrogacy Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Surrogacy Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising Infertility Rates
- 3.1.2. Increased Social Acceptance of Surrogacy
- 3.1.3. Advancements in Reproductive Technologies
3.2. Market Challenges
- 3.2.1. Legal Complexities
- 3.2.2. High Costs
- 3.2.3. Ethical Concerns
3.3. Market Opportunities
- 3.3.1. Increased Awareness and Favorable Regulations
- 3.3.2. Technological Advancements Enhancing Success Rates and Safety
- 3.3.3. Growth in Cross-Border Surrogacy

Chapter 4. Global Surrogacy Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Surrogacy Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Surrogacy Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Gestational Surrogacy
- 5.2.2. Traditional Surrogacy

Chapter 6. Global Surrogacy Market Size & Forecasts by Technology 2022-2032

6.1. Segment Dashboard
6.2. Global Surrogacy Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Intrauterine Insemination (IUI)
- 6.2.2. In-vitro Fertilization (IVF)
- 6.2.3. Others

Chapter 7. Global Surrogacy Market Size & Forecasts by Age Group 2022-2032

7.1. Segment Dashboard
7.2. Global Surrogacy Market: Age Group Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Below 35 Years
- 7.2.2. 35-37 Years
- 7.2.3. 38-39 Years
- 7.2.4. 40-42 Years
- 7.2.5. 43-44 Years
- 7.2.6. Over 44 Years

Chapter 8. Global Surrogacy Market Size & Forecasts by Service Provider 2022-2032

8.1. Segment Dashboard
8.2. Global Surrogacy Market: Service Provider Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Hospitals
- 8.2.2. Fertility Clinics
- 8.2.3. Others

Chapter 9. Global Surrogacy Market Size & Forecasts by Region 2022-2032

9.1. North America Surrogacy Market
- 9.1.1. U.S. Surrogacy Market
  - 9.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 9.1.1.2. Technology breakdown size & forecasts, 2022-2032
  - 9.1.1.3. Age Group breakdown size & forecasts, 2022-2032
  - 9.1.1.4. Service Provider breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Surrogacy Market
9.2. Europe Surrogacy Market
- 9.2.1. U.K. Surrogacy Market
- 9.2.2. Germany Surrogacy Market
- 9.2.3. France Surrogacy Market
- 9.2.4. Spain Surrogacy Market
- 9.2.5. Italy Surrogacy Market
- 9.2.6. Rest of Europe Surrogacy Market
9.3. Asia-Pacific Surrogacy Market
- 9.3.1. China Surrogacy Market
- 9.3.2. India Surrogacy Market
- 9.3.3. Japan Surrogacy Market
- 9.3.4. Australia Surrogacy Market
- 9.3.5. South Korea Surrogacy Market
- 9.3.6. Rest of Asia Pacific Surrogacy Market
9.4. Latin America Surrogacy Market
- 9.4.1. Brazil Surrogacy Market
- 9.4.2. Mexico Surrogacy Market
- 9.4.3. Rest of Latin America Surrogacy Market
9.5. Middle East & Africa Surrogacy Market
- 9.5.1. Saudi Arabia Surrogacy Market
- 9.5.2. South Africa Surrogacy Market
- 9.5.3. Rest of Middle East & Africa Surrogacy Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. New Hope Fertility Clinic
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Market Strategies
- 10.3.2. Bourn Hall Fertility Clinic
- 10.3.3. Extraordinary Conceptions
- 10.3.4. Ovation Fertility
- 10.3.5. CARE Fertility Group
- 10.3.6. Nova IVI Fertility
- 10.3.7. Clinic Scanfert
- 10.3.8. IVI RMA Global
- 10.3.9. Growing Generations LLC
- 10.3.10. Houston Fertility Center

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes