Surrogacy Market primarily consists of type of surrogacy such traditional and gestational. Traditional surrogacy involves use of surogate’s eggs which makes surrogate the biological mother; whereas, in gestational surrogacy, the surrogate does have any biological link with the baby. Technologies involved in surrogacy are Intrauterine Insemination (IUI), In-vitro Fertilization (IVF) {Classical/Standard IVF, and Intracytoplasmic Sperm Injection (ICSI). These technologies are used in surrogacy procedure by various service providers such as hospitals, fertility clinics, etc. child birth through surrogacy is opted by age group raging from under 35 years to over 44 years.

Marker Overview:
• Global Surrogacy Market is projected to expand with a CAGR of 24.7% during the forecast timeline, 2019 to 2027.
• The Surrogacy market valued over USD 6.1billion in 2018 and is poisedto expand with a CAGR of over 24.6% during the forecast period to reach a market value over USD 28 billion by the end of 2027
• Traditional surrogacy market account for majority of market share, in fact, in 2019, the traditional surrogacy market valued nearly USD 1 billion and will continue to dominate the market over the forecast period.
• Due to legal issues related traditional surrogacy, majority of service providers promote gestational surrogacy, as a result, demand for gestational surrogacy is rapid is growing which will take the market to reach a value of over USD 25 billion by end of 2027
• In 2018, North America Surrogacy market accounted for the largest share of the global Surrogacy market. Accounting for more than 35% market share, the market in this region is driven by demand from U.S. Surrogacy market. This largest share can be attributed to the high demand from bigger cities across the country.
• Asia PacificSurrogacy market is expected to grow at a fastest CAGR of over 30% over the forecast timeframe. The market in this part of the world will be strongly driven by demand from China Surrogacy market which is projected to expand with a CAGR of over 32% over the forecast timeframe.
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Research Scope:
On the basis of type , the Surrogacy Market is segmented into;Type (Gestational Surrogacy, Traditional Surrogacy), By Technology (Intrauterine Insemination (IUI), In-vitro Fertilization (IVF) {Classical/Standard IVF, Intracytoplasmic Sperm Injection (ICSI)}, By Age Group (Under 35 Years, 35-37 Years, 38-39 Years, 40-42 Years, 43-44 Years, Over 44 Years), By Service Provider (Hospitals, Fertility Clinics). Finally, the market is segmented into region wise which includes North America, Europe, and Asia Pacific, Middle East & Africa and Latin America and their respective countries.
Years considered for this report:
• Historical Years: 2015 – 2018
• Base Year: 2019
• Forecast Period: 2020 – 2027
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Research Methodology
The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Extensive secondary research was conducted using paid data sources including Bloomberg, Factiva, Capital IQ, OneSource, and Hoovers. Additionally, several publicly-available data sources were used including journals, statistics articles, and industry associations. These data sources were used to gather relevant information to develop an understanding of the market. The research was conducted covering the desk research and primary research. Data sources used for primary research included online forums and blogs, CATI/CAWI, CAPI interviews, and video conferences. Additionally, interviews were conducted through connecting with various industry respondents including C-level executives, directors, divisional heads, regional heads, expert consultants, and independent consultants.
Primary research involves telephonic interviews, e-mail interactions and face-to-face interviews for detailed and unbiased reviews on the air purifier market across geographies. Primary interviews are usually conducted on an on-going basis with industry experts and participants in order to get the latest market insights and validate the existing data and analysis. Primary interviews offer information on important factors such as market trends, market size, competitive landscape, growth trends, and outlook. These factors help to validate and strengthen secondary research findings and also help to develop the analysis team’s expertise and market understanding.
Competitive Market Players:
The Surrogacy Market is dominated by the presence of a few key players operating globally, which include Cardone& Associates Reproductive Medicine & Infertility, LLC, New Hope Fertility Center, and Nova IVI Fertility (NIF), IVI-RMA GLOBAL, Bangkok IVF Center, Extraordinary Conceptions, AVA Clinic Scanfert, and Ovation Fertility. There is presence of other small and medium industry participants striving to gain market share.
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