Surrogacy Market Introduction
Surrogacy is a method of assisted reproductive technology (ART) in which a woman (the surrogate) carries and delivers a baby for another person or couple (the intended parents). Surrogacy can be used by couples who are unable to conceive or carry a pregnancy to term due to medical reasons, as well as by same-sex couples and single individuals.There are two types of surrogacy: traditional surrogacy and gestational surrogacy. In traditional surrogacy, the surrogate is artificially inseminated with the intended father's sperm or donor sperm, and she carries the baby to term. In gestational surrogacy, the surrogate carries a baby that is conceived using in vitro fertilization (IVF) with the eggs and sperm of the intended parents or donors, and she has no genetic relationship to the baby.The surrogacy market includes various stakeholders such as intended parents, surrogates, fertility clinics, and surrogacy agencies. The market has seen significant growth in recent years due to advancements in ART, increasing acceptance of surrogacy as a family-building option, and the growing number of people experiencing infertility.However, the surrogacy market also faces various legal and ethical challenges, including concerns about exploitation of surrogates, lack of regulation in some countries, and the legal status of surrogacy agreements in certain jurisdictions. These challenges have led to varying legal frameworks for surrogacy across different countries and regions.
Surrogacy Market Size
The global surrogacy market was valued at USD 112.80 million in 2016 and is expected to reach USD 201.40 million by 2025, growing at a CAGR of 6.1% during the forecast period.The surrogacy market is driven by factors such as the growing number of people experiencing infertility, advancements in ART, increasing acceptance of surrogacy as a family-building option, and the rising trend of same-sex couples and single individuals seeking surrogacy services.The market is segmented by type of surrogacy, including traditional surrogacy and gestational surrogacy, as well as by the region, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.However, it is important to note that the surrogacy market is highly regulated and varies significantly across different countries and regions. In some countries, surrogacy is completely The global surrogacy market was expected to grow at a CAGR of around 8% during the forecast period 2021-2026. The market growth is attributed to factors such as increasing acceptance of surrogacy, rising infertility rate, and advancements in assisted reproductive technologies. The surrogacy market is highly fragmented, with several small and large players operating in the market. Some of the major players operating in the global surrogacy market include IVI-RMA Global, The Fertility Institutes, Growing Generations, California Cryobank, and Conceptual Options.
Surrogacy Market Trends
The surrogacy market has seen several trends in recent years that have shaped its growth and development. Some of the major trends in the surrogacy market include:
Increasing demand for surrogacy services: With the growing number of people experiencing infertility and the increasing acceptance of surrogacy as a family-building option, the demand for surrogacy services has been on the rise. Additionally, the rising trend of same-sex couples and single individuals seeking surrogacy services has also contributed to the increased demand for surrogacy.Technological advancements in ART: Advancements in ART have made surrogacy a more viable option for people experiencing infertility. These advancements have improved the success rates of IVF and other fertility treatments, making it possible for more people to pursue surrogacy as a family-building option.Growing popularity of gestational surrogacy: Gestational surrogacy has become more popular in recent years due to the fact that the surrogate has no genetic relationship to the baby. This has made it more appealing to intended parents who want to have a baby that is genetically related to them.Increasing use of international surrogacy: The legal and ethical challenges associated with surrogacy in some countries have led to an increase in international surrogacy. This involves intended parents seeking surrogacy services in countries where surrogacy is legal and regulated.Focus on ethical and legal considerations: The legal and ethical considerations of surrogacy have become more prominent in recent years. As a result, there has been a greater focus on developing regulations and guidelines to ensure that surrogacy is carried out in an ethical and responsible manner.Overall, the surrogacy market is expected to continue to grow as more people turn to surrogacy as a family-building option, and as advancements in ART continue to make surrogacy a more viable option for people experiencing infertility. However, the market will also continue to face legal and ethical challenges that will need to be addressed to ensure its continued growth and development.
Surrogacy Market Driving Factors
Some of the major driving factors for the growth of the surrogacy market include:
Rising infertility rate: Infertility is a major concern worldwide, and the increasing infertility rate among couples is one of the primary drivers for the surrogacy market. infertility affects around 10% to 15% of couples worldwide.Advancements in assisted reproductive technologies (ART): The development of new and advanced ART procedures such as in-vitro fertilization (IVF) and intracytoplasmic sperm injection (ICSI) has made surrogacy a viable option for couples who are unable to conceive naturally.Increasing acceptance of surrogacy: The social acceptance of surrogacy has been increasing in recent years, which has led to a rise in demand for surrogacy services. The growing awareness about surrogacy and its benefits has also contributed to the growth of the market.Legalization of surrogacy in several countries: The legalization of surrogacy in several countries has made it easier for couples to opt for surrogacy services. This has also increased the number of surrogacy agencies and clinics, which has further fueled the growth of the market.Growing demand for same-sex surrogacy: The demand for same-sex surrogacy has been increasing in recent years, which has led to a rise in the number of surrogacy arrangements. Same-sex couples who are unable to conceive naturally can opt for surrogacy to have a biological child.These factors are expected to continue to drive the growth of the surrogacy market in the coming years.
Surrogacy Market Regional Analysis
The surrogacy market varies significantly across different regions of the world, with differences in legal frameworks, cultural attitudes, and access to healthcare contributing to these variations. Here is a regional analysis of the surrogacy market:North America: The United States and Canada have well-developed surrogacy markets, with legal frameworks that generally favor surrogacy. The United States is the largest market for surrogacy services, with California, Nevada, and Illinois being popular destinations due to favorable laws and regulations. The market in North America is expected to continue to grow due to high demand for surrogacy services and a well-established infrastructure of fertility clinics and surrogacy agencies.Europe: The surrogacy market in Europe is more fragmented due to differences in legal frameworks across different countries. Some countries such as Ukraine, Greece, and Russia have become popular destinations for international surrogacy due to more favorable regulations. However, there are concerns about exploitation of surrogates in some of these countries.Asia-Pacific: The surrogacy market in Asia-Pacific is expected to grow rapidly due to increasing demand for surrogacy services in countries such as India, Thailand, and China. However, the market is largely unregulated in many countries, leading to concerns about exploitation of surrogates and lack of legal protections for intended parents.Latin America: The surrogacy market in Latin America is relatively small, with only a few countries such as Mexico and Colombia having legal frameworks that allow surrogacy. However, there are concerns about lack of regulation and exploitation of surrogates in these countries.Middle East & Africa: The surrogacy market in Middle East & Africa is largely underdeveloped due to cultural and religious attitudes towards surrogacy. In some countries, surrogacy is completely illegal, while in others, it is only allowed in certain circumstances. However, there has been some growth in the market in countries such as South Africa, where surrogacy is legal but heavily regulated.Overall, the surrogacy market varies significantly across different regions, with legal frameworks, cultural attitudes, and access to healthcare playing a significant role in shaping the market's growth and development.
Surrogacy Market Forecasts 2030
The global surrogacy market was projected to grow at a compound annual growth rate (CAGR) of around 8% during the forecast period of 2021-2026. However, due to the dynamic nature of the market and several factors that may impact the market growth, it is difficult to provide an accurate forecast for the year 2030.That being said, the surrogacy market is expected to continue to grow at a significant rate in the coming years due to the rising infertility rate, increasing acceptance of surrogacy, and advancements in assisted reproductive technologies. The market is also likely to be driven by the growing demand for same-sex surrogacy and the legalization of surrogacy in several countries.Additionally, the COVID-19 pandemic may have an impact on the surrogacy market in the short term, as the pandemic has disrupted the healthcare industry and led to a decline in fertility treatments. However, as the pandemic subsides and healthcare services resume normal operations, the surrogacy market is expected to recover and continue to grow.Overall, while it is difficult to provide an accurate forecast for the year 2030, the surrogacy market is expected to continue to grow in the coming years, driven by several factors that are likely to support market growth.
Surrogacy Market Key Industry Players
Some of the key industry players in the surrogacy market include:
CARE Fertility Group
Ovation Fertility
New Hope Fertility Center
Bourn Hall International
Virtus Health
The Fertility Partnership
The Rotunda Hospital
Progyny Inc.
European Society of Human Reproduction and Embryology (ESHRE)
Surrogacy UK
These are just a few examples of the many players in the surrogacy market, which includes a range of clinics, agencies, and organizations involved in providing surrogacy services.