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Surrogacy Market to get significant proceeds by 2025

Author : Ronak Bora | Published Date : 2020-11-02 

Surrogacy Market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

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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The increasing number of infertility cases and heavy adoption of in-vitro fertilization services is driving the demand for the in-vitro fertilization segment. The segment accounted for more than 60% share in 2018. In addition, the increasing tendency of women freezing eggs to give birth to a child in later stages would augment the segment share in the coming years.

With reference to the service provider segment, fertility clinics are anticipated to observe heavy growth trends in the coming years. The segment is projected to reach up to $17.7 billion through 2025. Mounting awareness regarding infertility treatments available and the surging number of fertility specialists and centers would majorly outline the segment growth.

In addition, growing disposable income of people across the world along with rising healthcare expenditure would positively impel the segment share in the surrogacy market.

With respect to the surrogacy type segment, gestational surrogacy is projected to observe heavy profits in the coming years. The segment also dominated the market share in 2018. It is projected to grow by more than 24.8% through the forecast timespan.

Increasing technological advancements in the field is a major factor pushing the segment growth in the overall market. Heavy adoption of gestational surrogacy by professionals would critically outline the market share in the forthcoming years.

In fact, legal and emotional complexities that come with traditional surrogacy have further pushed the growth of the gestational surrogacy segment driving the overall industry outlook.

Meanwhile, 38-39 years age group segment will majorly propel the market share. The segment is likely to grow at a CAGR of more than 24% during the forecast timespan. Rising number of women having fertility problems that further result in various issues in getting pregnant or sustaining pregnancy is a major growth factor of the segment. The fertility rate across developed economies is generally low owing to easily available birth control measures, economic affluence and lifestyle choices of people.

All in all, factors such as growing infertility issues, and increasing preference of gestational surrogacy among others are overtly indicative of massive opportunities for surrogacy market players. Some of the prominent industry players operating in the market are Bangkok IVF Center, Extraordinary Conceptions, AVA Clinic Scanfert, IVI-RMA GLOBAL, Ovation Fertility, New Hope Fertility Center, and Nova IVI Fertility (NIF) among others.

Browse full table of contents (TOC) of this report @ https://www.decresearch.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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