The global surrogacy market is slated to grow substantially through 2032 owing to the rising consumption of unhealthy food and adoption of a sedentary lifestyle which in turn leads to hormonal changes.
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New technology developments, partnerships, and collaborations among the key market players are likely to promote industry expansion in the surrogacy market. For instance, in February 2022, Eqova Healthcare, a significant company in East Delhi that provides a number of medical services, was purchased by Max Healthcare. Through this acquisition, Max Healthcare will be able to provide the residents of East Delhi with high-quality healthcare while strengthening its network presence in a wide area.
The surrogacy market has been divided in terms of type, technology, age group, service provider, and region.
Based on type, the gestational surrogacy segment recorded the largest revenue in 2022 worth over $13 billion and is expected to showcase steady growth till 2032 since the majority of consumers use gestational techniques to avoid legal entanglements, which will encourage their use through the analysis timeline.
With respect to the age group, the below 35 years segment is set to witness considerable growth through the review years attributed to the fact that most surrogate mothers are under the age of 35, owing to the high treatment success rate in this age range.
On the other hand, the 38-39 years segment is speculated to propel significantly over the forthcoming timeframe fueled by the age group's fertility rate declines because of lifestyle modifications and the usage of birth control to address certain conditions. Thereby, the rising number of women preferring surrogacy technology is likely to boost market growth during the forecast timeframe. In contrast, the over 44 years segment is set to amass over $700 million market valuation by 2032 driven by the high rates of infertility among this age range. Additionally, this age group's rapid adoption of cutting-edge prenatal technology will create the potential for segmental growth.
From the regional front, the North America surrogacy market registered more than 22% revenue share in 2022 and is estimated to proliferate steadily through the analysis timeline boosted by rising healthcare costs and rising government attempts to raise public awareness of infertility and its implications. Additionally, as infertility rates rise in the US, more people will turn to surrogacy in the years to come.
Meanwhile, the Africa surrogacy industry is poised to witness approximately 26% CAGR from 2023 to 2032 credited to the population's growing awareness of infertility treatments and growing health concerns in the region.
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Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Base estimates and working
1.2.1 North America
1.2.2 Europe
1.2.3 Asia Pacific
1.2.4 Africa
1.3 Forecast parameters
1.4 Data validation
1.5 Data sources
1.5.1 Secondary
1.5.1.1 Paid sources
1.5.1.2 Unpaid sources
1.5.2 Primary
Chapter 2 Executive Summary
2.1 Surrogacy industry 360° synopsis, 2018 - 2032
2.1.1 Business trends
2.1.2 Type trends
2.1.3 Technology trends
2.1.4 Age group trends
2.1.5 Service provider trends
2.1.6 Regional trends
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We are one of the best surrogacy centers in Mumbai & Navi Mumbai offering best surrogacy services.
Dr. Sudha Tondon & team had many successful surrogacy treatments.https://www.sudhatandoninfertility.com/services/surrogacy
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Surrogacy cost in Mombasa: Surrogacy in Mombasa is the most preferred ART treatment option due to its improving success rate and affordable rates.
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Global Surrogacy Market was valued US$ 19.8 Bn in 2020 and is expected to reach US$ 28.80 Bn by 2027, at a CAGR of 24.10 % during a forecast period.The Surrogacy Market Size 2021-2027 provides detailed competitive analysis, including market share, size, future scope, and future outlook.
Companies are investing heavily in new electric mopeds and scooters to make them more efficient.Get a Sample PDF of the Report at : Request Free Sample ReportList Of TOP KEY PLAYERS in Surrogacy Market Report are - • New Hope Fertility Center• IVI-RMA Global• Scanfert AVA Clinic• Ovation Fertility• Bourn Hall Fertility Clinic• Morpheus Life Sciences Pvt.
Ltd.• Growing Generations, LLC• Circle Surrogacy• Nova IVI Fertility• Bangkok IVF Center• Extraordinary Conceptions• Merck Serono• IARC Surrogacy• New Life Global Network• Max Healthcare• Care Fertility Group• Cardone & Associates Reproductive Medicine & Infertility, LLCCOVID-19 Impact on Market:In December 2019, the COVID-19 epidemic began in Wuhan (China), and has been spreading rapidly around the world.
Due to travel bans and lockdowns, the COVID-19 epidemic has affected many countries' economies and industries.
This outbreak has caused major disruptions in the global food and drink industry, including supply chain breakdowns, cancellations of technology events, and office closures.
Due to the closing of factories and other obstacles in the supply chain, COVID-19 is affecting overall market growth.Segmentation of the Global Surrogacy Market by Types, Applications, and Region:• Intrauterine insemination (IUI)• In-vitro fertilization (IVF)o Classical/standard IVFo Intracytoplasmic sperm injection (ICSI)• OthersThe global Surrogacy market has been analysed and market size information provided by countries (regions).
