Fatpos Global has released a report titled “Global Surrogacy Market – Analysis of Market Size, Share & Trends for 2021 – 2022 and Forecasts to 2032” which is anticipated to reach 330.8 million USD by 2032. According to a study by Fatpos Global, the market is anticipated to portray a CAGR of 6.4% between 2022 and 2032. According to the market research study, increasing awareness in the people regarding the infertility issues and rising numbers of infertility cases is expected to drive the growth of Global Surrogacy Market.
The market research study on Global Surrogacy Market includes in-depth insights such as:
- Global Surrogacy Market in Europe held the largest market share in the year 2021.
- Global Surrogacy Market is classified based on the Type into Gestational Surrogacy, Traditional Surrogacy
- Global Surrogacy Market is classified based on the Technology into Intrauterine Insemination (IUI), Classical/Standard In-vitro Fertilization (IVF), In-vitro Fertilization with Intracytoplasmic Sperm Injection [ICSI].
- Global Surrogacy Market is classified based on the Age Group into Below 35 Years, 35-37 Years, 38 – 39 Years, 40-42 Years, 43-44 Years, Over 44 Years.
- Global Surrogacy Market is classified based on the Service Provider into Hospitals, Fertility Clinics, Others.
- Rising awareness of people on the medical procedures like in-vitro fertilization (IVF), to enable pregnancy is creating scope for growth of the market.
“Increment in the advancements of fertility related procedures, with increasing rate of gamete contributions is expected to boost Global Surrogacy Market.”, said a lead analyst at Fatpos Global.
Surrogacy is a process of assisted reproduction where the intended parents work with a surrogate who carries the baby until delivery. Through In-vitro Fertilization (IVF), the embryos are created in laboratory by combining the sperm with the egg at a fertility clinic. The intended parents may use their own genetic material and the embryos are planted into the surrogate mother to carry the baby until delivery.
Global Surrogacy Market is classified based on the Technology into Intrauterine Insemination (IUI), Classical/Standard In-vitro Fertilization (IVF), In-vitro Fertilization with Intracytoplasmic Sperm Injection [ICSI]. Intrauterine insemination (IUI) segment is expected to dominate in the market and to register high share during the forecast period, 2022-2032. IUI is a process of introduction of healthy sperm into the uterus for the egg to fertilize which results in increasing the chances of conception. The minimal invasive and low cost are the factors which is expected to boost the surrogacy market.
Key Players in the Market
Some of the key players operating in the Global Surrogacy Market are Bourn Hall Clinic, Extraordinary Conceptions, Growing Generations LLC, CARE Fertility, Circle Surrogacy & Egg Donation, Houston Fertility Centre, Ovation Fertility, Max Healthcare, Scanfert Clinic, IVIRMA Global, Nova IVF, New Hope Fertility Centre and Other Prominent Players.
Get Valuable Insights into Market
In the latest market study conducted by Fatpos Global thrives to present an unbiased analysis of the Global Surrogacy Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2022-2032. The study includes compelling insights into growth that is witnessed in the Market. Global Surrogacy Market is classified based on the Type into Gestational Surrogacy, Traditional Surrogacy. Global Surrogacy Market is classified based on the Technology into Intrauterine Insemination (IUI), Classical/Standard In-vitro Fertilization (IVF), In-vitro Fertilization with Intracytoplasmic Sperm Injection [ICSI]. Global Surrogacy Market is classified based on the Age Group into Below 35 Years, 35-37 Years, 38 – 39 Years, 40-42 Years, 43-44 Years, Over 44 Years. Global Surrogacy Market is classified based on the Service Provider into Hospitals, Fertility Clinics, Others. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa.