Surrogacy Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.
Rising number of people experiencing infertility issues such as problems in egg/sperm production and reduced sperm count may drive the adoption rate of surrogacy procedures. Infertility cases often occur due to various reasons, some of them being high stress, hormonal changes, overconsumption of alcohol and steroid use. Rising awareness about infertility treatment, increasing presence of fertility clinics and technological innovation in assisted reproductive technologies could effectively complement the surrogacy industry over time. With this, GMI predicts that the surrogacy market may likely cross USD 27.5 billion by 2025.
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However, these procedures are very expensive, which makes it an option that is widely adopted by the higher income class. In addition to this, stringent federal regulations among certain countries that restrict the practice of surrogacy could hugely affect the overall market growth. But on the other hand, these regulations have opened the door for the surrogacy industry in other unregulated markets like Nigeria and Kenya.
Generally speaking, there are two types of surrogacies, first one being traditional surrogacy and the other being gestational surrogacy. Out of these two, gestational surrogacy had maintained a stronghold in the market in 2018, and is anticipated to record gains up to 24.8% by 2025.
Reports say that it is the most adopted technique among surrogacy professionals and ongoing technological innovation have gravitated its adoption. Other than that, legal and emotional complexities that come as a byproduct of traditional surrogacy have further encouraged the adoption rate of gestational surrogacy.
Rising number of women between 38-39 years of age are encountering fertility problems. At this rate, the demand for surrogacy could rise significantly over the years. Analysts predict that the 38-39 segment could observe a compound annual growth rate of 24.0%. Fertility problems among women often minimize their chances of getting pregnant or sustaining pregnancy. This is increasing witnessed across developed nations owing to people’s evolving lifestyle, economic affluence and easy accessibility to birth control methods.
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Partial Chapter of the Table of Content
Chapter 4. Surrogacy Market, By Type
4.1. Key segment trends
4.2. Gestational surrogacy
4.2.1. Market size, by region, 2014 – 2025 (USD Million)
4.3. Traditional surrogacy
4.3.1. Market size, by region, 2014 – 2025 (USD Million)
Chapter 5. Surrogacy Market, By Technology
5.1. Key segment trends
5.2. Intrauterine insemination (IUI)
5.2.1. Market size, by region, 2014 – 2025 (USD Million)
5.3. In-vitro fertilization (IVF)
5.3.1. Market size, by region, 2014 – 2025 (USD Million)
5.3.2. Classical/standard IVF
5.3.2.1. Market size, by region, 2014 – 2025 (USD Million)
5.3.3. Intracytoplasmic sperm injection (ICSI)
5.3.3.1. Market size, by region, 2014 – 2025 (USD Million)
5.4. Others
5.4.1. Market size, by region, 2014 – 2025 (USD Million)
A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...
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