Global Surrogacy Market: Snapshot

Rising prevalence of fertility related issues among people across the globe is estimated to drive the sales opportunities in the surrogacy market during the forecast period of 2021 to 2031. Traditional surrogacy and gestational surrogacy are some of the surrogacy types available in the market for surrogacy.

An upcoming study by Transparency Market Research (TMR) illustrates panoramic view of the global surrogacy market. As a result, readers gain access to comprehensive analysis of major facets such as the growth drivers, present and historical trends, challenges, ongoing R&D projects, and investments opportunities in the market for surrogacy.

The study on the global surrogacy market is presented in the form of segments, which are based on parameters such as type, technology, age group, service provider, and region. On the basis of technology, the market for surrogacy is divided into in-vitro fertilization (IVF), intrauterine insemination (IUI), and others.

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Key Drivers of Surrogacy Market Growth

Due to rising number of working female population in many developing and developed nations around the world, the childbearing age of these countries has shifted. This factor is resulting into prominent business opportunities in the global surrogacy market. Increasing age and lifestyle changes among women and men are resulting into negative impact on the fertility rates globally. Hence, the global surrogacy market is observing profitable prospects.

The need for surrogacy technologies is estimated to increase in the upcoming years owing to rising habits among male and female population such as smoking, alcoholism, and consumption of calorie-rich diet affecting the fertility rates. Due to such unhealthy lifestyles, the ability to bear a child is bearing impacting negatively; which in turn, is resulting into increasing prevalence of infertility issues. Due to intensifying issues pertaining to fertility around the world, healthcare organizations are increasing investments in reproductive medicine in order to provide technologically advanced alternatives such as surrogacy that can assist couples in having children. Furthermore, many technologies such as in-vitro fertilization are gaining traction owing to their substantial success rate. This factors are projected to help in the revenue-generation opportunities in the surrogacy market in the years to come.

Competition Landscape of Surrogacy Market

In order to sustain in the intense competition levels in the global surrogacy market, players are using organic and inorganic strategies. For instance, several companies operating in the surrogacy market are increasing participation in acquisition activities so as to expand their regional reach, which is helping them to increase their sales numbers

Leading enterprises operating in the surrogacy market are increasing focus on technological advancements. Hence, they are seen rising their investments in R&Ds. These factors are projected to drive the growth in the surrogacy market in the years ahead.

The list of key players in the global surrogacy market includes:

  • Circle Surrogacy
  • New Hope Fertility Clinic
  • Nova

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Regional Outlook of Surrogacy Market

In terms of region, the global surrogacy market shows existence in many regions including North America, Europe, Asia Pacific, and Africa. Of all regions, Europe is one of the leading regions in the market. Players are gaining profitable prospects in Europe surrogacy market owing to factors such as the presence of sturdy healthcare infrastructure that allows for performing next-gen technology-based procedures in the region.

Asia Pacific is one of the fastest growing regions in the market for surrogacy. The growth of the Asia Pacific surrogacy market is ascribed to several key factors including increasing prevalence of fertility related issues, improving spending power of the regional population, availability of high-end healthcare technologies, and presence of considerable number of key players in the

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