Global Surrogacy Market was valued US$ 19.8 Bn in 2020 and is expected to reach US$ 28.80 Bn by 2027, at a CAGR of 24.10 % during a forecast period.
Surrogacy Market Overview:
This report discusses the market growth drivers and obstacles for the manufacturer, as well as a review of the significant trends in the market's business strategies, procedures, and financially sound and expand approach. Customization is also possible to meet the needs of individual customers, as well as a complete understanding of market potential. The Surrogacy Market provides a comprehensive overview of the market's competitive landscape and main merchants. This report can assist with structural planning in light of current industry conditions.
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Market Scope:
According to the forecast period 2021-2027, the Surrogacy market is expected to grow at a steady rate of xx % between 2021 and 2027. The market is estimated to increase in the forecast period of 2021, as key industry players continue to complete projects.
This report includes a value-based analysis and forecast for the Surrogacy market. This study and analysis of market drivers, constraints, and opportunities impacting the growth of the Surrogacy Market is included in this report. Surrogacy Market segmentation has been provided based on type, source, end-user, and geography (country-wise). The scope of the study included a strategic analysis of the Surrogacy market in terms of individual growth trends, future prospects, and the contributions of key sub-market stakeholders. Surrogacy Global market analysis and forecasts for five key regions: North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America, as well as country-by-country segmentation. The profiles of main industry participants, as well as their strategic perspectives, market positioning, and analyses of core competencies, are included. The top companies participating in the Surrogacy Market are also profiled in terms of their competitive advancements, investments, strategic expansion, and competitive landscape.
Surrogacy Market Segmentation:
Surrogacy is available in two types, mainly gestational and traditional. Traditional surrogacy comprises the insemination of the surrogate naturally or artificially with the semen of the male partner of the childless couple. It has several ethical, social, and legal implications. On the other hand, in the case of gestational surrogacy, the artificial reproduction techniques (ART) and an embryo from the eggs of the intended couple are formed in the test tube and transferred to the womb of the surrogate. The technological advancement in Artificial Reproductive Techniques (ART) is expected to boom in the field of surrogacy. Surrogacy is becoming a popular way for many couples in the limelight to have children. Fertility clinics are adopting numerous strategies like digital marketing to build awareness about available treatment solutions for infertility problems to increase their customer case. Also, the rise in the number of infertility cases has triggered the number of fertility clinics and fertility specialists that are fueling the business growth. Many global surrogacy agencies are requiring women to live in dormitory-style housing throughout the duration of the pregnancy to enable access to nutritious foods, clean drinking water, and high-quality antenatal care.
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Surrogacy Market Key Players:
New Hope Fertility Center
• IVI-RMA Global
• Scanfert AVA Clinic
• Ovation Fertility
• Bourn Hall Fertility Clinic
• Morpheus Life Sciences Pvt. Ltd.
• Growing Generations, LLC
• Circle Surrogacy
• Nova IVI Fertility
• Bangkok IVF Center
• Extraordinary Conceptions
• Merck Serono
Regional Analysis:
The Surrogacy market is organized into five regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America.
COVID-19 Impact Analysis on Surrogacy Market:
The globe has reached the end of the COVID-19 pandemic's recovery phase. In light of the current economic scenario, Maximize Industry Research has launched the Surrogacy Market Status, Trends, and COVID-19 Impact Report 2021, which provides a comprehensive look at the Surrogacy market.
Key Questions answered in the Surrogacy Market Report are:
- Which product segment grabbed the largest share in the Surrogacy market?
- How is the competitive scenario of the Surrogacy market?
- Which are the key factors aiding the Surrogacy market growth?
- Which region holds the maximum share in the Surrogacy market?
- What will be the CAGR of the Surrogacy market during the forecast period?
- Which application segment emerged as the leading segment in the Surrogacy market
- Which are the prominent players in the Surrogacy market?
- What key trends are likely to emerge in the Surrogacy market in the coming years?
- What will be the Surrogacy market size by 2027?
- Which company held the largest share in the Surrogacy market?
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