Surrogacy is a rapidly changing field. The advancement in assisted reproductive techniques such as donor insemination and embryo transfer methods have revolutionized the reproductive environment across the globe. Surrogacy arrangements are usually sought at the time when pregnancy is either medically impossible or it is considered risky for the health of the mother.
Surrogacy Market was valued at US$ 24.57 Bn in 2021 and is expected to reach US$ 138.23 Bn by 2029, at a CAGR of 24.10 % during a forecast period.
Surrogacy Market Overview:
The market for Surrogacy is being driven by factors such as rising urbanization, rising packaged food sales, rising demand for aerosol goods, rising need for Surrogacy in the alcohol industry, rising canned food & vegetable consumption, and rising standard of life. The market for Surrogacy is expanding thanks in part to the pharmaceutical and cosmetics industries. Potential growth prospects are being presented by the rising need for metal-based medical products such as ointment tubes, tablet wrappers, trays, metal sterilizers, and others.
The Global Surrogacy research study investigates and analyses the market’s position during the forecast period. It is comprehensive research focusing on primary and secondary drivers, market dominance, important segments, and geographic analysis. The study also examines noteworthy personalities, big partnerships, mergers, acquisitions, current innovation, and corporate strategy.
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Market Scope:
We looked at Surrogacy from every perspective possible, using both primary and secondary research methods. This increased our understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, and customer behavior. The data is then compiled and assessed using a range of market estimates and data validation processes. Furthermore, we have an in-house data forecasting engine that forecasts market growth until 2029.
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.
Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research is utilized to calculate market revenue. In-depth interviews with important thought leaders and industry specialists such as experienced front-line staff, CEOs, and marketing professionals were conducted as part of the core research. Primary research comprised in-depth interviews with prominent thought leaders and industry specialists, such as experienced front-line staff, CEOs, and marketing professionals, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to calculate percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then compared to historical data. The following players are featured in this report:
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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
• IARC Surrogacy
• New Life Global Network
• Max Healthcare
• Care Fertility Group
Regional Analysis:
The region segment of the Surrogacy analysis also contains individual market influencing aspects and changes in market regulations that affect current and future market trends. Some of the major variables used to forecast market conditions for specific countries are consumption volumes, production sites and volumes, import-export analysis, price trend analysis, raw material prices, and downstream and upstream value chain analysis. While providing forecast analysis of national data, the existence and availability of global brands, as well as the difficulties they encounter due to strong or scarce competition from local and domestic brands, as well as the impact of domestic tariffs and trade channels, are also considered.
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COVID-19 Impact Analysis on Surrogacy Market :
We thoroughly researched and analyzed the Global Surrogacy Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the potential of the global Surrogacy industry, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The major purpose of the research is to offer industrial businesses a strategic analysis of COVID-19’s influence. Simultaneously, this investigation looked into the markets of major countries and highlighted their market potential.
Key Questions Answered in the Surrogacy Market Report are:
- What are the most promising high-growth opportunities in the global Surrogacy sector, as defined by product category, End User, and Region?
- Which Surrogacy segments will expand the fastest, and why?
- Which areas will expand the fastest, and why?
- What are the primary elements influencing Surrogacy dynamics? What are the primary drivers and obstacles in the Surrogacy?
- What are the Surrogacy’s business risks and dangers?
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About Maximize Market Research
Maximize Market Research provides B2B and B2C market research on 20,000 high-growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, the Internet of Things, Food and Beverages, Aerospace and Defense, and other manufacturing sectors.
Maximize Market Research provides B2B and B2C market research on 20,000 high-growth emerging technologies & opportunities in Chemical, Healthcare, Pharmaceuticals, Electronics & Communications, the Internet of Things, Food and Beverages, Aerospace and Defense, and other manufacturing sectors.
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