Surrogacy Global Market Report 2024

Description

Surrogacy constitutes a reproductive arrangement where a designated woman, referred to as the surrogate mother, undergoes the process of carrying and delivering a child on behalf of another individual or couple. This method stands as a crucial facet of assisted reproductive technology, offering a practical alternative for individuals or couples facing challenges in natural conception or carrying a pregnancy to full term.

The primary classifications of surrogacy include gestational surrogacy and traditional surrogacy. In gestational surrogacy, a woman, identified as the gestational surrogate, carries and delivers a baby for another individual or couple. This reproductive arrangement commonly involves advanced technologies such as in vitro fertilization (IVF) with intracytoplasmic sperm injection (ICSI), in vitro fertilization (IVF) without intracytoplasmic sperm injection (ICSI), and intrauterine insemination. These technologies find application in fertility clinics, surrogacy agencies, and are integral to the services provided by surrogacy lawyers.

The surrogacy market research report is one of a series of new reports from The Business Research Company that provides surrogacy market statistics, including surrogacy industry global market size, regional shares, competitors with a surrogacy market share, detailed surrogacy market segments, market trends and opportunities, and any further data you may need to thrive in the surrogacy industry. This surrogacy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The surrogacy market size has grown exponentially in recent years. It will grow from $13.21 billion in 2023 to $16.01 billion in 2024 at a compound annual growth rate (CAGR) of 21.2%. The expansion observed in the historical period can be ascribed to the rising incidence of infertility cases, the prevalent dominance of gestational surrogacy, regional market growth dynamics, adoption across different age groups, and the influence of legal and regulatory frameworks.

The surrogacy market size is expected to see rapid growth in the next few years. It will grow to $32.03 billion in 2028 at a compound annual growth rate (CAGR) of 18.9%. The anticipated growth in the forecast period can be linked to evolving social perceptions, increased partnerships and collaborations, advancements in reproductive technology, navigating ethical and legal complexities, and post-pandemic recovery efforts. Noteworthy trends expected in the forecast period encompass progress in medical technology, a heightened focus on cultural sensitivity, continuous technological advancements, recognition of diverse family structures, and advancements in genetic testing.

The surrogacy market is poised for growth due to the escalating rates of infertility. Infertility, defined as the inability to achieve pregnancy after 12 months or more of regular, unprotected sexual intercourse, is a prevalent issue affecting approximately 17.5% of adults globally, as reported by the World Health Organization. This statistic, equivalent to about 1 in 6 individuals, underscores the urgent need to enhance accessibility to affordable and high-quality fertility care. The rising prevalence of infertility serves as a catalyst driving the expansion of the surrogacy market, offering an alternative for individuals or couples unable to conceive naturally or carry a pregnancy to term.

Major companies are strategically focusing on the development of innovative products to support surrogates and their families throughout the surrogacy journey. An example of this is surrogacy.com, a community and platform launched by Northstar Fertility, a US-based egg donor and fertility service provider, in November 2023. This platform, created by experienced surrogates, provides firsthand knowledge, candid insights, and a connection to a community and tools essential for successfully navigating the surrogacy process.

In August 2022, kindbody, a US-based fertility and family-building care provider, executed a strategic acquisition, acquiring Alternative Reproductive Resources (ARR) for an undisclosed amount. This acquisition positions Kindbody to internalize gestational surrogacy, integrating it into the care delivery model to enhance conception chances, reduce costs, and provide a seamless patient care continuum. Alternative Reproductive Resources, a US-based surrogacy agency specializing in gestational surrogacy, was a notable addition to Kindbody's portfolio.

Major companies operating in the surrogacy market report are NMC Health PLC, Care Fertility Group, Nova IVI Fertility, IVIRMA, Houston Fertility Center, Circle Surrogacy, Ovation Fertility, ConceiveAbilities, Oasis Center, New Hope Fertility Center, Growing Generations, Family Creations, Bourn Hall Clinic, AVA Clinic Scanfert, Clinic Scanfert, Extraordinary Conceptions, Surrogate Solutions, Simple Surrogacy, Gift of Life Surrogacy Agency, ART Reproductive Center, Conceptual Options, New Life Global Network, Reproductive Possibilities, Surrogacy America, Surrogacy Center India

North America was the largest region in the surrogacy market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surrogacy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the surrogacy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The surrogacy market consists of revenues earned by entities by providing services such as legal services, medical services, psychological and counseling services, egg or sperm donation services, logistical and coordination services, insurance services, escrow services, and translation services. The market value includes the value of related goods sold by the service provider or included within the service offering. The surrogacy market also includes sales of in-vitro fertilization (IVF) equipment, intrauterine insemination (IUI) equipment, embryo transfer devices and monitoring and evaluation equipment. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Surrogacy Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on surrogacy market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for surrogacy ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The surrogacy market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Gestational Surrogacy; Traditional Surrogacy
2) By Technology: In Vitro Fertilization (IVF) With Intracytoplasmic Sperm Injection (ICSI); In Vitro Fertilization (IVF) Without Intracytoplasmic Sperm Injection (ICSI); Intrauterine Insemination
3) By Application: Fertility Clinics; Surrogacy Agencies; Surrogacy Lawyers
Companies Mentioned: NMC Health PLC; Care Fertility Group; Nova IVI Fertility; IVIRMA; Houston Fertility Center
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r16535

1. Executive Summary

2. Surrogacy Market Characteristics

3. Surrogacy Market Trends And Strategies

4. Surrogacy Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Surrogacy Market Size and Growth

5.1. Global Surrogacy Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Surrogacy Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Surrogacy Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Surrogacy Market Segmentation

6.1. Global Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Gestational Surrogacy
Traditional Surrogacy
6.2. Global Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
In Vitro Fertilization (IVF) With Intracytoplasmic Sperm Injection (ICSI)
In Vitro Fertilization (IVF) Without Intracytoplasmic Sperm Injection (ICSI)
Intrauterine Insemination
6.3. Global Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Fertility Clinics
Surrogacy Agencies
Surrogacy Lawyers

7. Surrogacy Market Regional And Country Analysis

7.1. Global Surrogacy Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Surrogacy Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Surrogacy Market

8.1. Asia-Pacific Surrogacy Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Surrogacy Market

9.1. China Surrogacy Market Overview
9.2. China Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Surrogacy Market

10.1. India Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Surrogacy Market

11.1. Japan Surrogacy Market Overview
11.2. Japan Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Surrogacy Market

12.1. Australia Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Surrogacy Market

13.1. Indonesia Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Surrogacy Market

14.1. South Korea Surrogacy Market Overview
14.2. South Korea Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Surrogacy Market

15.1. Western Europe Surrogacy Market Overview
15.2. Western Europe Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Surrogacy Market

16.1. UK Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Surrogacy Market

17.1. Germany Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Surrogacy Market

18.1. France Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Surrogacy Market

19.1. Italy Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Surrogacy Market

20.1. Spain Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Surrogacy Market

21.1. Eastern Europe Surrogacy Market Overview
21.2. Eastern Europe Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Surrogacy Market

22.1. Russia Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Surrogacy Market

23.1. North America Surrogacy Market Overview
23.2. North America Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Surrogacy Market

24.1. USA Surrogacy Market Overview
24.2. USA Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Surrogacy Market

25.1. Canada Surrogacy Market Overview
25.2. Canada Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Surrogacy Market

26.1. South America Surrogacy Market Overview
26.2. South America Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Surrogacy Market

27.1. Brazil Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Surrogacy Market

28.1. Middle East Surrogacy Market Overview
28.2. Middle East Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Surrogacy Market

29.1. Africa Surrogacy Market Overview
29.2. Africa Surrogacy Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Surrogacy Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Surrogacy Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Surrogacy Market Competitive Landscape And Company Profiles

30.1. Surrogacy Market Competitive Landscape
30.2. Surrogacy Market Company Profiles
- 30.2.1. NMC Health PLC
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Care Fertility Group
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Nova IVI Fertility
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. IVIRMA
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Houston Fertility Center
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Surrogacy Market Other Major And Innovative Companies

31.1. Circle Surrogacy
31.2. Ovation Fertility
31.3. ConceiveAbilities
31.4. Oasis Center
31.5. New Hope Fertility Center
31.6. Growing Generations
31.7. Family Creations
31.8. Bourn Hall Clinic
31.9. AVA Clinic Scanfert
31.10. Clinic Scanfert
31.11. Extraordinary Conceptions
31.12. Surrogate Solutions
31.13. Simple Surrogacy
31.14. Gift of Life Surrogacy Agency
31.15. ART Reproductive Center

32. Global Surrogacy Market Competitive Benchmarking

33. Global Surrogacy Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Surrogacy Market

35. Surrogacy Market Future Outlook and Potential Analysis

35.1 Surrogacy Market In 2028 - Countries Offering Most New Opportunities
35.2 Surrogacy Market In 2028 - Segments Offering Most New Opportunities
35.3 Surrogacy Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer