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Global Surrogacy Market: By Type: Gestational Surrogacy, Traditional Surrogacy; By Technology: IVF with ICSI, IVF without ICSI, Intrauterine Insemination, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Surrogacy Market Outlook
The global surrogacy market attained a value of USD 146.6 million in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 6.8% to reach USD 217.5 million by 2026.
Increasing Demand for Gestational Surrogacy to Augment the Growth of the Global Surrogacy Industry
Due to the increasing adoption of gestational method 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. Furthermore, due to the high preference for gestational surgery due to less legal problems, this category is projected to account for a significant market share in the forecast period.
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The Asia Pacific to Provide Significant Growth Opportunities to the Global Surrogacy Industry
The Asia Pacific is expected to occupy a significant share in the market over the forecast period. This is 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 market expansion. In addition, due to the rising number of specialised clinics for assisted reproductive technologies, the surrogacy industry in this area is expected to witness a healthy growth. Hence, the region is expected to provide lucrative opportunities to the key players operating in the surrogacy industry.
Surrogacy: Definition and Segmentation
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.
By type, the industry is segmented into:
- Gestational Surrogacy
- Traditional Surrogacy
The market can be broadly categorised on the basis of technology into:
- IVF with ICSI
- IVF without ICSI
- Intrauterine Insemination
- Others
The EMR report looks into the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Increasing Infertility Problems to Bolster the Growth of the Global Surrogacy Industry
The increase in the number of persons suffering from infertility issues, such as low sperm count or problems with egg or sperm production, has been a major driver for the surrogacy industry growth. Hormonal fluctuations, stress, alcohol use, and steroid use, all contribute to an increase in infertility instances, which has a favourable influence on the market growth. 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 surrogacy industry expansion throughout the forecast period. Furthermore, the number of fertility clinics is increasing, which is pushing the business growth. Moreover, rise in prevalence of polycystic ovarian syndrome in women leads to difficulty in conceiving child, resulting in escalated demand for surrogate mothers, thereby leading to the market expansion. In the future, the rise in same-sex weddings is expected to provide attractive development possibilities for the market expansion. Furthermore, the surge in fertility tourism is projected to give sufficient chances for growth, particularly in emerging nations.
Key Industry Players in the Global Surrogacy Market
The report presents a detailed analysis of the following key players in the global surrogacy market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- New Hope Fertility Clinic
- Houston Fertility Center
- Ovation Fertility
- Extraordinary Conceptions
- CARE Fertility
- Growing Generations, LLC
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Technology, Region |
| Breakup by Type | Gestational Surrogacy, Traditional Surrogacy |
| Breakup by Technology | IVF with ICSI, IVF without ICSI, Intrauterine Insemination, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | New Hope Fertility Clinic, Houston Fertility Center, Ovation Fertility, Extraordinary Conceptions, CARE Fertility, Growing Generations, LLC, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Surrogacy Market Analysis
8.1 Key Industry Highlights
8.2 Global Surrogacy Historical Market (2016-2020)
8.3 Global Surrogacy Market Forecast (2021-2026)
8.4 Global Surrogacy Market by Type
8.4.1 Gestational Surrogacy
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Traditional Surrogacy
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Surrogacy Market by Technology
8.5.1 IVF with ICSI
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 IVF without ICSI
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Intrauterine Insemination
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Others
8.6 Global Surrogacy Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 New Hope Fertility Clinic
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Houston Fertility Center
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Ovation Fertility
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Extraordinary Conceptions
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 CARE Fertility
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Growing Generations, LLC
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Others
12 Industry Events and Developments
List of Figures and Tables
1. Global Surrogacy Market: Key Industry Highlights, 2016 and 2026
2. Global Surrogacy Historical Market: Breakup by Type (USD Million), 2016-2020
3. Global Surrogacy Market Forecast: Breakup by Type (USD Million), 2021-2026
4. Global Surrogacy Historical Market: Breakup by Technology (USD Million), 2016-2020
5. Global Surrogacy Market Forecast: Breakup by Technology (USD Million), 2021-2026
6. Global Surrogacy Historical Market: Breakup by Region (USD Million), 2016-2020
7. Global Surrogacy Market Forecast: Breakup by Region (USD Million), 2021-2026
8. North America Surrogacy Historical Market: Breakup by Country (USD Million), 2016-2020
9. North America Surrogacy Market Forecast: Breakup by Country (USD Million), 2021-2026
10. Europe Surrogacy Historical Market: Breakup by Country (USD Million), 2016-2020
11. Europe Surrogacy Market Forecast: Breakup by Country (USD Million), 2021-2026
12. Asia Pacific Surrogacy Historical Market: Breakup by Country (USD Million), 2016-2020
13. Asia Pacific Surrogacy Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Latin America Surrogacy Historical Market: Breakup by Country (USD Million), 2016-2020
15. Latin America Surrogacy Market Forecast: Breakup by Country (USD Million), 2021-2026
16. Middle East and Africa Surrogacy Historical Market: Breakup by Country (USD Million), 2016-2020
17. Middle East and Africa Surrogacy Market Forecast: Breakup by Country (USD Million), 2021-2026
18. Global Surrogacy Market Structure
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