Global Surrogacy Market Report and Forecast 2024-2032

Global Surrogacy Market Outlook

The global surrogacy market size was valued at USD 81.5 billion in 2023, driven by the increasing infertility rates and advancements in medical technology across the globe. The market size is anticipated to grow at a CAGR of 24.3% during the forecast period of 2024-2032 to achieve a value of USD 577.8 billion by 2032.

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Global Surrogacy Market Overview

Surrogacy is a type of assisted reproduction in which the intended parents collaborate with a surrogate mother who bears the baby until it is born. Traditional and gestational surrogacy are the two forms of assisted reproductive techniques utilised in surrogacy. Traditional method includes using a surrogate's eggs to make the baby's biological mother while in gestational, the surrogate has no biological or genetic connection to the child.

Due to the increasing adoption of gestational methods by surrogacy experts and the growing technological developments, the demand for gestational surrogacy around the world is significantly high and is expected to continue during the forecast period. Additionally, the emotional challenges of conventional surrogacy are driving the adoption of gestational surrogacy. Due to the high preference for gestational surgery due to fewer legal problems, this category is projected to account for a significant market share in the forecast period.

The market is further expected to be driven by the increasing awareness and supporting behaviour of legal bodies of the government exemplified by the decisions made by them in the court. For example, in early 2023, a male couple was allowed by the District Court of The Hague to have parental rights over children born from a surrogacy trajectory in the United States. The district court ruled that the decision would be recognized in the Netherlands too. Such approvals and decisions by the legal courts are expected to drive market growth as most of the LGBTQ+ community members will also collectively benefit from them in several regions across the world.

The market growth is significantly driven by the increase in the number of cases of infertility issues among people. For example, low sperm count or problems with egg or sperm production. Hormonal fluctuations, stress, alcohol use, and steroid use, all contribute to an increase in infertility instances. Furthermore, technical developments in assisted reproductive technologies as well as increased awareness of infertility treatments such as sperm/egg donation and in-vitro fertilisation are likely to fuel the global surrogacy market growth in the forecast period.

Furthermore, the high availability of fertility clinics in the market is further pushing the market growth. The rise in the prevalence of polycystic ovarian syndrome in women leads to difficulty in conceiving a child, resulting in escalated demand for surrogate mothers which is a major factor expected to contribute to the market growth. The increasing awareness related to the rights of same-sex weddings is expected to provide attractive development possibilities to the market. Furthermore, the surge in fertility tourism is projected to give sufficient chances for growth, particularly in emerging nations.

Rising Prevalence of Infertility

The growth of the market is primarily driven by the rising prevalence of infertility and other reproductive issues across the world. Infertility affects millions of people every year, one in every six people of reproductive age, which is nearly 17.5% of the total adult population, is affected by infertility in their life. Assisted reproductive technologies have been in the market for over three decades and have intervened in the birth of more than 5 million children across the world. These technologies are still widely inaccessible because of the price point, which is unaffordable for the majority of the population, especially in low-income countries.

Rise in Research Studies

In October 2023, new research from Shady Grove Fertility (SGF), a US Fertility practice, concluded that fertility patients who have undergone a saline-infused sonogram (SIS) can proceed with intrauterine insemination (IUI) in the same cycle and expect comparable pregnancy rates as if they had waited for another cycle.

Such studies enable patients to move forward with fertility treatment more quickly in their IUI cycles as fertility treatments are usually very time-consuming. This may support the increasing demand for IUI among people, further bolstering the global surrogacy market growth.

Innovative Approaches Poised to Transform the Market Trajectory

In April 2023, a group of engineers created an automated IVF device. With an extremely crazy experiment, these engineers were able to successfully fertilize more than a dozen eggs. They also claimed that the first humans (two baby girls) had already been born after fertilization by a robot.

The startup company that developed the robot, Overture Life, emphasized how their device is an initial step toward automating in vitro fertilization, or IVF, and potentially making the procedure less expensive and far more common. With IVF labs staffed by trained embryologists performing the entire procedure could be replaced by this robotic procedure, nearly automating the whole process, and boosting the global surrogacy market demand. This innovation may also gain traction among investors to hold a rigid position in the market.  Furthermore, Overture has filed a patent application describing a “biochip” for an IVF lab in miniature, complete with hidden reservoirs containing growth fluids, and tiny channels for sperm to wiggle through.

By applying for the patent, the company has shown how determined they are to experiment and innovate the domain of IVF and other procedures that may enable people with infertility issues to have babies and have a family.

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Global Surrogacy Market Segmentations

Market Breakup by Type

• Gestational Surrogacy

• Traditional Surrogacy

Market Breakup by Technology

• IVF with ICSI

• IVF without ICSI

• Intrauterine Insemination

• Others

Market Breakup by End User

• Hospitals

• IVF Centres

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

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Global Surrogacy Market Regional Analysis

Asia Pacific is expected to occupy a significant share of the market in the forecast period because surrogacy in developing nations like India is less expensive than in affluent countries like the United States and Canada, adding to this region's market growth. Furthermore, in the forecast period, the best technical outreach and inclination for surrogacy, particularly IVF kinds, is expected to further help in the surrogacy market growth.

In addition, due to the rising number of specialised clinics for assisted reproductive technologies, the surrogacy market in this area is expected to witness healthy growth. Hence, the region is expected to provide lucrative opportunities to the key players operating in the surrogacy market.

In June 2023, Beijing's government announced that it would cover 16 types of assisted reproduction technology under the city's health care system from July 1, the latest move by authorities to boost China's flagging birth rate. In-vitro fertilization, embryo transplantation, freezing, and storing semen are some of the treatments that would be included under basic insurance, said Du Xin, deputy director of Beijing's Municipal Medical Insurance Bureau.

This move was taken as China is facing a decline in birth rates. The number of newborns dropped to a record low of 6.77 per 1,000 people last year and is expected to decline further in 2023. Such initiatives may enable people to consider using procedures like IVF, IUI, and others to find a solution for their personal choices and infertility issues boosting the surrogacy market growth.

The initiative to cover 16 types of ART may increase access among people, the financial support is expected to boost the demand for such procedures including surrogacy, among people, propelling the market growth.

Global Surrogacy Market: Competitor Landscape

In April 2023, US Fertility ("USF"), a nationwide fertility-focused physician practice management platform providing non-clinical and administrative services to physician-owned fertility practices, and Ovation Fertility ("Ovation"), a leading national network of reproductive endocrinologists and scientific thought leaders, announced a definitive agreement to combine operations. This collaboration will drive growth and innovation while leveraging best practices to improve patient access, experience, and outcomes.

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• New Hope Fertility Clinic

• Houston Fertility Center

• Ovation Fertility

• Extraordinary Conceptions

• CARE Fertility

• Growing Generations, LLC

• IVI RMA GLOBAL

• CLINIC SCANFERT

• BOURN HALL FERTILITY CLINIC

• NOVA IVI FERTILITY

• Associates Reproductive Medicine & Infertility

• Cardone

Please note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Highlights of the Report

Surrogacy Market Report Snapshots

Surrogacy Market Size

Surrogacy Market Analysis

Surrogacy Companies