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 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 Surrogacy market’s competitive landscape comprises information about rivals. A firm overview, financials, revenue produced, market potential, R&D investment, new market efforts, geographical presence, business strengths and weaknesses, product launch, and application domination are among the topics covered. The following information is only relevant to the organization’s focus on the Surrogacy market.
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Surrogacy Market scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research’s market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). To create percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. The percentage acceptance or usage of the given market Size in the relevant area or nation determines the country-wise segmentation of the main market and its sub-segments.
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.
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Key Players: Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers’ annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data. The following are the key players of the Surrogacy market-
• 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
• Cardone & Associates Reproductive Medicine & Infertility, LLC
Regional Analysis:
Individual market influencing components and changes in market rules that affect current and future market trends are also investigated in the geographical component of the research. Some of the factors used to forecast market scenarios for various countries include downstream and upstream value chain analysis, technological trends, Porter’s five forces analysis, and case studies.
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COVID-19 Impact Analysis on Surrogacy Market: Furthermore, the research assesses the impact of COVID-19 on the Surrogacy market. The fundamental purpose of this research is to help users understand the market in terms of definition, segmentation, market potential, key trends, and difficulties that the industry confronts across major regions. The paper provides a microeconomic and macroeconomic analysis of the overall impact of COVID-19 on the Surrogacy Market. The report focuses on market share and size, clearly demonstrating the pandemic’s influence on the worldwide Surrogacy Market in the next years.
Key Questions Answered in the Surrogacy Market Report are:
- What will be the Surrogacy market’s CAGR throughout the projected period (2021-2027)?
- Which market category emerged as the market leader in the Surrogacy industry?
- Who are the key players in the Surrogacy market?
- What important trends in the Surrogacy industry are anticipated to develop throughout the forecast period?
- How big will the Surrogacy market be in 2027?
- In 2020, which business segment had the highest proportion of the Surrogacy market?
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