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Surrogacy Market Future Challenges and Industry Growth Outlook by 2020-2025

Author : Ronak Bora | Published Date : 2020-09-08 

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.

Global surrogacy market has emerged as one of the most remunerative verticals in recent years. Going forward, the industry is set to observe significant growth through 2025. A surge in the number of people suffering from infertility issues is likely to be a major factor pushing the market growth in the forthcoming years. Factors like stress, steroid usage, hormonal changes, and others would positively outline market growth as they actively contribute to infertility issues.

As a byproduct of rising infertility problems, growing awareness among people about infertility treatment coupled with increasing number of fertility clinics would majorly drive the market demand in the future. Meanwhile, various technological advancements in the field of assisted reproductive technologies would add up to industry development.

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According to a research report by GMI, global surrogacy market is estimated to surpass $27.5 billion through 2025.

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.

Nowadays, a large section of the population is aware about various infertility treatments that are presently available in the market. This has proliferated the construction of fertility center around the globe. Estimates claim that the fertility centers segment could reach USD 17.7 billion by 2025.

Factors like increasing healthcare expenditure and rising disposable income could massively aid the deployment of new centers. This may compliment the growth trajectory of surrogacy market.

In a move to expand their consumer base, industry participants have also begun implementing several initiatives that are geared towards raising awareness about infertility treatment. One such instance was conducted by pharmaceutical firm Merck Serono which, in March 2016, launched a social health initiative to raise awareness and educate couples about the treatment options available for different types of infertility issues. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/surrogacy-market

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 Market size, by region, 2014 – 2025 (USD Million)

5.3.3. Intracytoplasmic sperm injection (ICSI) Market size, by region, 2014 – 2025 (USD Million)

5.4. Others

5.4.1. Market size, by region, 2014 – 2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia 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 sport. [email protected] | https://twitter.com/RonakBora26

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