FERTILITY NEWS

Surrogacy Market Growth Driven by Advances in Reproductive Technology and Changing Social Norms

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The surrogacy market is projected to reach USD 129.9 billion by 2034, driven by advancements in assisted reproductive technology (ART), including IVF, which holds a 63.4% market share. Increasing infertility rates and the growing acceptance of surrogacy aided by evolving social norms and legal frameworks are key growth drivers. Fertility clinics are leading service providers, holding a 63.3% market share and offering comprehensive surrogacy support. The U.S. leads the North American market, with a projected revenue of USD 5.1 billion in 2024. The under-35 age group is the fastest-growing segment due to higher success rates in fertility procedures for younger women.

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